Coldwell Banker Commercial(R) REP, an affiliate of Real Estate Partners Inc., announced today that the Hanley Brown Group has joined with Coldwell Banker Commercial(R) REP to launch its new retail investment division. The Hanley Brown Group Real Estate Advisors is one of the most dominant retail investment groups in Southern California and a market leader in the sale of $1 million to $15 million shopping centers.
Headed up by long-time industry veterans Edward B. Hanley and Gregory S. Brown, the addition of the highly successful Hanley Brown Group Real Estate Advisors will catapult Coldwell Banker Commercial REP's positioning in the extremely competitive retail investment market. "The Hanley Brown Group has achieved extraordinary results for property owners and investors," said Terry F. Parker, president of Coldwell Banker Commercial REP. "Their track record, expertise and dedication truly set them apart from other brokers within this market segment." The Hanley Brown Group was formerly affiliated with Marcus & Millichap in Irvine, where Brown and Hanley were consistently ranked as one of the top five brokers in the office from 1999-2004 and served as senior directors of Marcus & Millichap's national retail group.
As one of the most active retail investment groups in Southern California, the Hanley Brown Group in the last 12 months has closed escrow on 18 retail properties including the sale of Oaktree Village Shopping Center in Mission Viejo for $14.35 million, Sycamore Plaza in Lake Forest for $10.6 million, and Beachstone Plaza in Huntington Beach for $9.6 million. Additionally, the Hanley Brown Group co-brokered the recent sale of Moreno Valley Plaza in Moreno Valley for $28.5 million.
Hanley said, "Coldwell Banker Commercial REP provides the Hanley Brown Group with a highly entrepreneurial environment in which to flourish, plus a full spectrum of real estate services and access to a comprehensive broker network."
"We found that our culture and core values of operating as a synergistic and cohesive group, with high standards of integrity, dedication and professionalism, and our loyalty to our clients and team members are well-esteemed at Coldwell Banker Commercial REP," Brown noted.
The groundbreaking team of Hanley and Brown was one of the first investment teams in the industry, before it became commonplace to see top agents working together. "We realized from the beginning of our partnership in 1990 that by combining our efforts, we could capitalize and leverage each of our strengths to better serve our clients," Hanley said. "Our mission is to build long-term relationships by implementing a commitment to our clients to exceed their expectations and successfully achieve their investment goals and objectives.
"We are highly confident that under their leadership, the Coldwell Banker Commercial REP's Retail Investment Division will more than excel in the marketplace."
Coldwell Banker Commercial REP
Coldwell Banker Commercial REP has been serving the Southern California area for many years and is renowned for its integrity, professionalism and customer service. With 19 associates, soon to grow to 30, plus an excellent support staff, Coldwell Banker Commercial REP has hundreds of years of combined experience in real estate. Our client list includes GE Capital, Lend Lease, Ford Motor Co., Samsung, Daimler-Chrysler, Ralphs Grocery Co., Albertson's and many of the Fortune 500 companies. With experienced agents that are further trained in proprietary courses through Coldwell Banker University, the most comprehensive educational program in the industry, as well as continuing education by Coldwell Banker Commercial REP and industry professionals deemed to support the best-of-the-best client support, the company is empowered to provide its clients with expertise, dedication and up-to-the-minute market data. Coldwell Banker Commercial REP is an integral part of the Southern California business community, with offices headquartered in Irvine. For more information, call 877-844-4040 toll-free or visit www.cbcrep.com.
About Real Estate Partners
Based in Irvine, Real Estate Partners Inc. is one of the fastest-growing privately funded real estate investment and management firms in the nation. A privately held real estate investment services firm, Real Estate Partners specializes in the acquisition, repositioning and management of under-performing properties. The company has an interest in Orange Coast Commercial Inc., DBA Coldwell Banker Commercial REP, providing access to a network of over 300 affiliate offices around the country with a 90-year history and an established reputation for high-quality service, as well as offices in Henderson, Nev., and Charlotte, N.C. The principals and officers of Real Estate Partners are creative, experienced commercial real estate and real estate finance professionals who are dedicated to maximizing investor value through strategic acquisitions, key partnerships and a suite of management services. For more information, call 877-986-1700 toll-free or visit www.realestatepartnersinc.com.
About Coldwell Banker Commercial(R)
Coldwell Banker Commercial(R) is a registered trademark licensed to Coldwell Banker Real Estate Corp. The Coldwell Banker Commercial system has more than 500 commercial real estate offices with more than 3,000 sales associates throughout North America, South America, Europe, Africa, Asia and Australia. The Coldwell Banker Commercial system is an industry leader in providing commercial real estate solutions, serving the needs of tenants, landlords, sellers and buyers in the leasing, acquisition, disposition and management of all property types. Coldwell Banker Real Estate Corp. is a subsidiary of Cendant Corp. (NYSE:CD). Each office is independently owned and operated except offices owned and operated by NRT Inc.