Hanley Investment, Coldwell Banker Complete Sale of Retail AssetBy
Chico, Calif.—Hanley Investment Group Real Estate Advisors, in partnership with Coldwell Banker DuFour Realty, announced they have completed the sale of a new construction net-leased retail property occupied by ULTA Beauty in Chico, Calif.
The property is located at 2068 Dr. Martin Luther King Jr. Parkway, on a 1-acre parcel anchored by Costco and adjacent to Sierra Nevada Brewing Co. The 10,055-square-foot building was completed in late 2016.
Bill Asher, executive vice president at Hanley Investment Group and Mike Donnelly of Coldwell Banker DuFour Realty represented the seller, Kitchell Development Co. Scott Borgia, senior vice president at Cushman & Wakefield represented the buyer, Bay Area Properties…
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