February 04, 2012

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Hanover Real Estate Partners sells four California properties

08/18/10


Greenwich-based Hanover Real Estate Partners, which owns the Hampton Inn & Suites in Mystic, said it has sold four California properties on behalf of its affiliate, Dexter Street Limited Partnership.

The sale, which closed on Aug. 12, included three properties located in the San Diego area and one property located Stockton.

The four properties comprised an aggregate of nearly 300,000 square feet. It included a 200,000 square foot three-story office building, two approximately 6,000-square-foot retail bank branches, and a seven-story, 89,000-square-foot office building.

Hanover is a privately held real estate investment company focused on owning, managing and operating institutional grade commercial real estate assets across the United States.

 
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