
Hanley Investment Group Real Estate Advisors and Progressive Real Estate Partners have arranged the sale of Victor Town Center, a three-tenant net-leased retail property located at 14598 7th St. in Victorville, for $7 million. The tenants include dd’s DISCOUNTS (a division of Ross Stores, an S&P 500 and Fortune 500 company), a Department of Veterans Affairs Outpatient Clinic and a 16‑stall Tesla Supercharger station.
VP Ayda Kach and SVP Sean Cox of Hanley, and Progressive SVP and managing director Greg Bedell, CCIM, represented the seller, PacWest Management Inc. The buyer, an all‑cash private investor from Los Angeles, represented themselves.
“We maximized value through a targeted marketing campaign highlighting the dominance of junior‑box tenants in the High Desert,” said Kach. “We generated competitive interest by procuring multiple offers from private investors and 1031 exchange buyers and secured an all‑cash private buyer with other properties in Victorville.”
The post Hanley, Progressive Arrange Sale of Victorville Retail Center appeared first on Connect CRE.