SRS Real Estate Brokers $12.8M Sale-Leaseback of Retail Center in Redding, California

SRS Real Estate Brokers $12.8 Million Sale-Leaseback of Retail Center in Northern California

Redding, Calif. — SRS Real Estate Partners has arranged the sale-leaseback of a retail property located at 3055 Shasta View Drive in Redding. North State Grocery sold the property to… The post SRS Real Estate Brokers $12.8 Million Sale-Leaseback of Retail Center in Northern California appeared first on Shopping Center Business.

SRS Real Estate Brokers $12.8M Sale-Leaseback of Retail Center in Redding, California

REDDING, CALIF. — SRS Real Estate Partners has arranged the sale-leaseback of a retail property located at 3055 Shasta View Drive in Redding. North State Grocery sold the asset to an undisclosed real estate investment trust for $12.8 million. Holiday Market occupies the 31,222-square-foot building, which was completed this year, on an absolute triple-net lease with 20 years remaining, including scheduled rent increases and multiple options to re…