Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a single tenant NNN leased asset for $3,900,000 located at 157 Steele St in Denver, CO. Peter Sengelmann, Eric Diesch and Jackson Coon represented the seller in the transaction.  The property is situated in the heart of Cherry Creek, Colorado’s premier shopping district and is the ground floor commercial unit of the Laurel Condominium building. The listing team was able to attract a national investor for the transaction who was able to close by year end. “Our client came to us with specific pricing and timing expectations. Our team devised a plan to meet these expectations and put the plan to work. Once we identified the buyer, we were able to strike a deal which lined up with the client expectations,” stated Peter Sengelmann, Senior Advisor at Pinnacle Real Estate Advisors.

Pinnacle is excited to announce this transaction and is looking forward to the listing team continuing their momentum into the New Year.

For more information, please contact Peter Sengelmann, Eric Diesch, Jackson Coon at 303-962-9552, 720-638-5412, 720-370-3148 or psengelmann@pinnaclerea.com, ediesch@pinnaclerea.com, jcoon@pinnaclerea.com