Pinnacle Announces Sale of Grocery Anchored Shopping Center in Gilbert Arizona

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of Lakeview Village located in Gilbert, Arizona. This was a Bashas’ Anchored shopping center which included multiple pads as part of the sale and required a CMBS loan assumption. The building is located at the southeast corner of Elliot Road and Higley Road in Gilbert, AZ.  Eric Diesch, Peter Sengelmann & John Redfield (SRS Real Estate Partners), represented the Buyer in the transaction “This is a great example of assembling a great team to service our client’s needs and facilitate a complicated 1031 requirement. Special thanks to the SRS Phoenix and Newport Beach teams for being great partners.” stated Eric Diesch, senior broker at Pinnacle Real Estate Advisors.