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Aliso Viejo Retail and Medical Building Fetches $9M
Hanley Investment Group Real Estate Advisors arranged the sale of a two-story, 24,986-square-foot retail and medical building within the Aliso Viejo Town Center, a 380,000-square-foot community center in Aliso Viejo. The center is anchored by Ralphs, CVS Pharmacy, Staples, TJ Maxx, HomeGoods, PetSmart and Regal Cinemas. The sale price was $9.4 million.
VP Sean Cox and EVP Kevin Fryman represented the seller, a private investor based in San Francisco. The buyer, a private investor from Irvine, was represented by Alton Burgess, a senior vice president with Voit Real Estate Services in Irvine.
“We generated eight qualified offers and selected a private investor who owned multiple restaurant concepts,” said Cox. “Prior to formally marketing the property for sale, we advised the seller to extend near-term leases and execute new leases to provide minimal lease rollover for the buyer, thereby increasing the value of the asset.”
Located at 26711 Aliso Creek Rd. in Aliso Viejo, the 24,986-square-foot building was built in 2004.
- ◦Sale/Acquisition




