The pandemic isn't stopping retail brokerage firm Hanley Investment Group. Despite the pandemic, the firm had a record-breaking year in 2020 with a total sales volume in excess of $703 million, one of the highest in the company's history.

"Despite the effects of COVID, record-breaking cap rates were still being achieved in 2020, as buyer demand outpaced the supply of best-in-class retail investments," Ed Hanley, president of Hanley Investment Group, tells GlobeSt.com. "We closed 139 transactions in 26 different states in 2020, ranging from single-tenant properties to multi-tenant retail properties and anchored-shopping centers."

The firm's pool of clients also stayed the same, and included the usual broad mix of everything from institutions to private players and national retail names. "We worked with a variety of buyers and sellers including publicly traded real estate investment trusts, developers, family trusts, partnerships and private investors. We also represented national tenants such as RH (also known as Restoration Hardware) again this year in the marketing and sale of select real estate as well as other national and regional chains," says Hanley.