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“Single-Tenant Sit ‘n Sleep Sells for $3,250,000 in the Break-up Strategy Executed at Highland Village Shopping Center”
FONTANA, Calif. –Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has arranged the sale of a new construction, single-tenant retail building occupied by Sit ‘n Sleep at Highland Village Shopping Center, a new Sprouts-anchored shopping center in Fontana, California. Hanley Investment Group has sold a total of $30 million in retail properties at Highland Village Shopping Center in Fontana, California.
Hanley Investment Group’s Executive Vice Presidents Kevin Fryman, Bill Asher and Jeff Lefko represented the seller, Adler Realty Investments, who completed the ground-up shopping center development in 2018-2019. The buyer was a private 1031 exchange investor based in the Inland Empire.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Monro, Inc. Signs a Definitive Agreement to Acquire Mountain View Tire & Service, Inc.
Monro, Inc.March 10, 2021 GMT
~ Acquisition of 30 California-based Stores, Adding $45 Million in Expected Annualized Sales ~
~ Expands Presence in Attractive Western Region with a Total of 116 Stores ~
ROCHESTER, N.Y., March 10, 2021 (GLOBE NEWSWIRE) Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced that it has signed a definitive agreement to acquire California-based Mountain View Tire & Service, Inc.
The acquisition includes 30 Mountain View Tire & Auto Service retail stores located in the Los Angeles area, further solidifying the Company’s geographic footprint in California. Monro will continue to operate all of these locations.
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