CORONA DEL MAR, CA—The demand for well-located single-tenant triple-net leased investments leased to credit retailers and multi-tenant retail centers with internet-resistant credit tenants will remain strong. That is according to Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales. The Corona Del Mar, CA-based company recently revealed that it had closed out 2017 with total sales volume in excess of $562 million, which represents more than an 18% increase in the number of transactions over the previous year.

“2017 was one of the best years ever for Hanley Investment Group,” Ed Hanley, president of Hanley Investment Group, tells GlobeSt.com. “We closed deals in 25 different states in 2017, ranging from anchored shopping centers to multi-tenant retail strip centers and single-tenant properties. We worked with publicly-traded real estate investment trusts, family trusts, partnerships and private investors.”

And more than half of those closings were outside of California, he adds, which “speaks to investors willingness to seek comparable investment opportunities in secondary or tertiary markets across the country to meet their investment requirements as yields for high-quality, stabilized, internet-resistant single-tenant and multi-tenant retail in primary markets remain compressed.”