Pinnacle Announces the Sale of a King Soopers Shadow Anchored Center in Centennial, CO
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a 54,065 square foot retail center for $16,700,000 located at 8160-8290 S. Holly Street in Centennial, Colorado. Peter Sengelmann, Eric Diesch, Jackson Coon and John Redfield of SRS Real Estate Partners represented the seller in the transaction. The property is situated at the highly coveted intersection of S. Holly St. and E. County Line Rd in Centennial. The listing team was able to attract an experienced local retail investor by leveraging the King Sooper’s shadow anchor that has added stability and elevated rents at the center, “After years of ownership our client decided to take advantage of a great market and looks forward to growing their portfolio through the proceeds,” stated Eric Diesch, Senior Advisor at Pinnacle Real Estate Advisors.
Pinnacle is very proud of this transaction, not only because of how this team continues to exceed client’s expectations but this transaction is going to open doors for the listing team as they continue prove themselves in the market.