{"id":1004437309,"date":"2020-05-12T07:08:40","date_gmt":"2020-05-12T15:08:40","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004437309"},"modified":"2025-02-26T03:21:13","modified_gmt":"2025-02-26T11:21:13","slug":"hanley-investments-brokers-all-cash-retail-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hanley-investments-brokers-all-cash-retail-sale\/","title":{"rendered":"Hanley Investments Brokers All-Cash Retail Sale"},"content":{"rendered":"<div id=\"attachment_1004437312\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/2960-2964-Miller-Place-Way.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004437312\" data-attachment-id=\"1004437312\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hanley-investments-brokers-all-cash-retail-sale\/2960-2964-miller-place-way\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/2960-2964-Miller-Place-Way.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"2960 &#038; 2964 Miller Place Way\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;2960 &#038; 2964 Miller Place Way. &lt;i&gt;Image courtesy of Hanley Investment Group&lt;\/i&gt;&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/2960-2964-Miller-Place-Way.jpg?w=800\" class=\"wp-image-1004437312 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/2960-2964-Miller-Place-Way.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/2960-2964-Miller-Place-Way.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/2960-2964-Miller-Place-Way.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/2960-2964-Miller-Place-Way.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004437312\" class=\"wp-caption-text\">2960 &amp; 2964 Miller Place Way. <i>Image courtesy of Hanley Investment Group<\/i><\/p><\/div>\n<p>Hanley Investment Group has finalized the disposition of two retail properties totaling 14,347 square feet in Knoxville, Tenn., and Somerset, Ky.<\/p>\n<p>A private investor acquired both assets for $7 million in an all-cash transaction. Executive Vice Presidents Jeff Lefko and Bill Asher, along with Associate Dylan Mallory, assisted the two sellers.<\/p>\n<p>The Knoxville property sits on a one-acre lot at 2960 &amp; 2964 Miller Place Way. The 7,500-square-foot building came online in 2015. Aspen Dental and Visionworks fully occupy the property on a triple net-lease. Lefko and Asher negotiated on behalf of the seller, a private investor. The asset changed hands for $4.3 million.<\/p>\n<p>Located on a one-acre parcel at 2007 S. Highway 27, the Somerset asset is a 6,847-square-foot property completed in 2015. The building is fully occupied by VIsionworks, Kay Jewelers and GNC on a triple net-lease. Mallory arranged the deal on behalf of Thompson Thrift Retail Group, which sold the asset for $2.6 million.<\/p>\n<p>In April, Lefko and Asher represented TOLD Development Co. in the <a href=\"https:\/\/www.commercialsearch.com\/news\/hanley-investment-closes-minneapolis-retail-deal\/\">$2.7 million disposition<\/a> of a 4,370-square-foot Bank of America building in Brooklyn Center, Minn.<\/p>\n<div><em>If you\u2019d like to be featured in Brokers\u2019 Corner, simply fill in <\/em><a href=\"https:\/\/www.surveymonkey.com\/r\/BrokersCorner\" target=\"_blank\" rel=\"noopener\"><strong><em>our short form<\/em><\/strong><\/a><em> or send your deal to <\/em><a href=\"mailto:deals@cpe-mhn.com\" target=\"_blank\" rel=\"noopener\"><strong><em>deals@cpe-mhn.com<\/em><\/strong><\/a><em>.<\/em><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Jeff Lefko and Bill Asher, along with Dylan Mallory, arranged two deals in Kentucky and Tennessee. <\/p>\n","protected":false},"author":867,"featured_media":1004365520,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,36077,21742,21749],"tags":[33902],"class_list":["post-1004437309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-nashville-knoxville","category-latest","category-retail","tag-hanley-investment-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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