Hanley sells grocery, drug-anchored center

Mobile, Ala. Irvine, Calif.-based Hanley Investment Group Real Estate Advisors said Wednesday that it represented the buyer and seller in the sale of a Winn-Dixie- and CVS/pharmacy-anchored shopping center in Mobile, Ala.

No sale price was disclosed.

Hillcrest Marketplace is a 76,364-sq.-ft. neighborhood shopping center; tenants in the sale included: Winn-Dixie, CVS/pharmacy, Firehouse Subs, Hallmark, Hershey’s Ice Cream, Little Caesars and VIP Nail & Tanning Salon.

The buyer was a private investor from Atlanta. The seller was Lamar Cos. from Littleton, Colo.