Emerging Broker Of The Month June 2018
6.11.18 Andrew Monette, Broker of the Month, Denver Commercial Real Estate Broker, Emerging Broker of the Month, Mile High CRE, Multifamily Broker DenverWhile dedication and interest in commercial real estate have provided a strong foundation for his success, perseverance has really paid off for Andrew Monette, associate advisor with Pinnacle Real Estate Advisors, LLC. “Every senior broker you ask will ...
Denver investor facilitates 1031 exchange for central Denver warehouse
6.8.18 1031 Exchange Investor, Nick Schill, Warehouse Property Sale DenverProperty Location: 505 & 525 Bryant St., Denver Property Description: 6,000-sf brick warehouse, YOC 1962, & 5,200-sf brick warehouse, YOC 1961, total of 11,200 sf Land Size: 23,225 sf Sales Price: $1.32M, or $117.41 psf Reception No.: 2018060412 ...
Off-Market Multifamily Sellers Are Leaving A Ton Of Money On The Table
6.6.18 Apartment Building Brokers, Commercial Real Estate Brokers, Multifamily Investors, Off-Market Multifamily DealsMarketing a property can increase the sale price by up to 23%, which runs counter to the idea that off-market deals can achieve higher values because a buyer will be more aggressive to seal a trade. “The perception is when a seller has one buyer vying for an ...
Pair of retail properties on Tennyson Street yield $3.33 million
6.1.18 Denver Retail Brokers, Denver Retail Building for Sale, Tennyson Street Retail Sale DenverProperty Location: 3936 Tennyson St., Denver, “former Landmark Theatre” Property Description: 4,781-sf retail building, YOC 1923, brick Land Size: 6,332 sf Sales Price: $1.6M, or $334.66 psf Reception No.: 2018049729 Closing Date: 4/27 Grantor: Chase ...
Pinnacle Real Estate Negotiates $7.4M Sale of Multifamily Building in Denver
6.1.18 Denver Apartment Building For Sale, Kevin Calame, Multifamily Investment Properties DenverPinnacle Real Estate Advisors has arranged the sale of The Hanford House, a multifamily property located at 809 Dexter St. in Denver. RGD Properties sold the property to an undisclosed buyer for $7.4 million, or $330 per square foot. The building features ...
Developer plans to demo small Golden Triangle office; replace it with 65K SF of office
5.30.18 955 Bannock, Golden Triangle Development, Office Development Golden TriangleA new office building is on tap for a part of town booming with new apartment towers and cranes. Denver-based Alpine Investments expects to close on the purchase of 955 Bannock St. in the Golden Triangle with plans for a 10-story structure. Managing principal ...