HanleyInvestment Group Real Estate Advisors closed arecord-breaking year, GlobeSt.com has learned exclusively. In 2019,the retail firm closed $752 million in sales volume, a 30% increaseover the previous year. The firm closed a total of 158 transactionsacross 30 states. The activity illustrates a strong demand forsingle- and multi-tenant net leased assets.
"2019 was another record year for Hanley Investment Group,"Ed Hanley, president of Hanley Investment Group,tells GlobeSt.com. "We worked with publicly traded real estateinvestment trusts, family trusts, partnerships and privateinvestors. We also have represented national tenants such asAlbertsons, RH and Macy's in the marketing and sale of select realestate."
In addition to breaking an internal record in terms of increasedsales volume, Hanley also broke several cap rate records. The firmaccomplished nationwide cap rate records for multi-tenant cap raterecords for Starbucks, Raising Cane's, Chipotle, Panda Express and7-Eleven. In the car wash segment, Hanley also accomplished recordcap rate for a single-tenant net-leased property nationwide.
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