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Valencia’s Tesoro Village shopping center for sale

Posted: August 11, 2010 7:36 p.m.
Updated: August 12, 2010 4:55 a.m.
 

Hanley Investment Group, a boutique retail-investment advisory firm, announced that Tesoro Village, a 74,415-square-foot Valencia shopping center located near the intersection of Copper Hill Drive and Avenida Rancho Tesoro, is being marketed for sale for $31.5 million.

Tesoro Village is situated on seven and a half acres. Albertsons, Bank of America, Great Clips, H&R Block, Pick Up Sticks, RedBrick Pizza, Starbucks Coffee and The UPS Store are among the tenants. The property, built in 2005, is 97-percent occupied.

“We have received a favorable response from the investment marketplace, so far, and anticipate finding a buyer that is not only focused on return but also on owning irreplaceable real estate,” said Edward Hanley. “Rarely does the opportunity present itself to purchase three such high quality shopping centers in Southern California.”  

For more information, call (949) 585-7610 or visit www.hanleyinvestment.com.

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