CERRITOS, CALIF. – Pinnacle Real Estate Advisors mediated the sale of the shopping center located at 12221-17312 Norwalk Blvd. in Cerritos. The asset was trading for $ 14.8 million. The names of the seller and the buyer were not disclosed.
This 52,382 square foot hotel is located 19 miles south of downtown Los Angeles, next to a grocery store. Peter Sengelmann, Eric Disch and Jackson Kuhn of Pinnacle Real Estate Advisors represented the seller in the deal.