High-rise commercial buildings

Sub Markets

Property Sectors

Topics

California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
California  + Orange County  | 

SRS, Hanley Team Up on Record Raising Cane’s Deal in Anaheim

SRS Real Estate Partners and Hanley Investment Group completed the sale of a new-construction, single-tenant Raising Cane’s Chicken Fingers quick-service restaurant with a drive-thru located in Anaheim, CA. The $5-million sale price for the absolute triple-net ground lease, represents a 4% cap rate, the lowest-cap rate on record for the sale of Raising Cane’s in the U.S.

Hanley Investment Group’s Bill Asher and Jeremy McChesney represented the buyer, an unnamed Los Angeles-based private investor. SRS Real Estate Partners’ Patrick Luther and Matthew Mousavi represented the seller, Manhattan Beach, CA-based Calbay Development LLC.

The new, freestanding 3,233-square-foot restaurant opened in August, and is situated on 0.93 acres at 223 S. Euclid Ave. The restaurant is located at the signalized entrance to a Target-anchored shopping center near the Interstate 5 freeway on/off-ramp.

For comments, questions or concerns, please contact Dennis Kaiser

Connect

Inside The Story

Connect With Calbay DevelopmentConnect With Hanley Investment Group’s AsherConnect With SRS Real Estate Partners’ Luther

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
New call-to-action
New call-to-action
New call-to-action