According to Hanley Investment president Edward B. Hanley, who represented both the buyer and the seller, Henry's is one of a number of national and regional credit tenants that occupy approximately 81% of the space in the center, which is situated on 13.86 acres and was 100% occupied at the time of the sale. The other national and regional credit tenants include Baja Fresh, Bank of America, Chevron, Coffee Bean & Tea Leaf, Chick-Fil-A and Chili's.<p.The buyer of Gateway Village was Grand Gateway I, II and III LLC of Los Angeles; the seller was Gateway Village I, II, and III LP of Newport Beach, CA.

The eight-building property was developed in three phases, the first two in 2003 and the third phase in 2006. Edward Hanley describes it as "a high-profile, pride-of-ownership investment that boasts an exceptional tenant mix, irreplaceable location, newer construction and outstanding demographics." Commenting on the financing, he says, "This assignment was very challenging due to the fact a buyer had to be identified that was capable of assuming three different CMBS loans requiring more than a 50% down payment."

Hanley adds that the transaction established a record price per sf in the county for a neighborhood shopping center and at the same time satisfied the buyer's return on capital requirement.