Hanley Investment Arranges $11.6 Million Sale of Target Shadow-Anchored Center in Lake Elsinore

Oak Grove Crossing is shadow-anchored by Target and home to tenants including McDonald’s, Starbucks Coffee and GameStop. Oak Grove Crossing is shadow-anchored by Target and home to tenants including McDonald’s, Starbucks Coffee and GameStop.

Lake Elsinore, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $11.6 million sale of Oak Grove Crossing, a 22,577-square-foot shopping center located in Lake Elsinore.

The Target shadow-anchored property is home to tenants including McDonald’s, Starbucks Coffee, GameStop, GNC, H&R Block, Pacific Dental, Papa John’s Pizza, Subway, Supercuts, Verizon and Yogurtland. Kevin Fryman of Hanley Investment Group represented the seller, a Murrieta, California-based private investment partnership. Jeff Lefko and Bill Asher, also of Hanley, represented the buyer, an Orange, California-based family trust. 

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