Mission Peak Brokers Successfully Represented Buyers in Acquiring Two Prime Retail Centers in Northern California.
Highly regarded commercial real estate brokers, Mission Peak Brokers, are helping entrepreneurs take advantage of unique opportunities in California. In December, they successfully represented their clients in acquiring two retail centers in Northern California. The shopping centers, in prime locations in Hercules and Gilroy.
The Hercules Retail Center sale resulted in CEO, Harry Sidhu, of Mission Peak Brokers winning the CoStar Power Brokers Quarterly Dealmaker award for the fourth quarter of 2022 which are determined by the top deals executed every quarter, based on price and square footage. CoStar Group, Inc., the leading provider of commercial real estate information and analytics and online marketplaces..
Mission Peak Brokers facilitated the Hercules Retail Center, on 3700 San Pablo Ave., Hercules, CA, all cash transaction for $16 million. With over 20,000 SF, this center is 94% occupied by national retailers like T-Mobile and Starbucks. The other transaction was for the Pacheco Pass Center, 890 Renz Lane, Gilroy, CA, which was also bought all cash for $8.8 million. This multi-tenant retail center boasts over 14,821 SF leased to regional & national tenants like GameStop and Sprint. The retail centers are well-positioned to give the retailers access to their target market in high-traffic areas. The deals will help their clients build a stable income stream in the months ahead, especially as the economy is becoming more volatile.
Speaking on occasion, Harry Sidhu CEO, said, "We are proud to have successfully represented our clients in acquiring these prime retail centers. Our team of brokers is highly experienced and understands California's real estate market landscape. This enables us to protect our client's interests and close the deal efficiently. We are confident that the deals will help our clients achieve their financial goals while also being positive for the local economy. We love to work with ambitious entrepreneurs that want to get started on achieving their dreams."
Mission Peak Brokers has a proven track record of success in the commercial real estate industry and, since 2004, have helped sell over $365,000,000 in assets. Moreover, they have performed nearly 2,000 business valuations and sold over 416 businesses. Their team specializes in selling gas stations, liquor/convenience stores, mini-markets, restaurants, commercial retail properties, and brokering SBA loans in California.
They nurture entrepreneurs throughout the whole real estate process of commercial real estate, brokering commercial loans for business and property acquisitions and refinancing.
Mr. Sidhuadded, “Our team can close even the most complex of transactions quickly and efficiently. We also have an exceptionally high closing rate of SBA loans at 99%. The effort we put in to facilitate clients has resulted in us getting over 50 5-star reviews from highly satisfied clients. We also are proud to have many repeat clients returning for their brokering services.”
People interested in learning more about the business brokers in California can contact them using the information mentioned below or visit their website. https://missionpeakbrokers.com
About the Company
Mission Peak Brokers is one of the leading commercial real estate and commercial loan brokers in California that specialize in facilitating buyers and sellers in the commercial real estate market. They have a strong focus on world-class services, making them the state's benchmark for commercial real estate services.
Media Contact
Company Name: Mission Peak Brokers, Inc.
Contact Person: Harry Sidhu
Email: Send Email
Phone: (510) 490-9700
Address:46560 Fremont Blvd, Ste 111
City: Fermont
State: CA 94538
Country: United States
Website: https://missionpeakbrokers.com
