Pinnacle Announces the Sale of 1100 South Shoshone Street
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1100 South Shoshone Street in Denver, Colorado. The 1,524 square foot office building sold for $388,500 or $252.92 per square foot. Eric Shaw, Senior Advisor, represented the seller and Nick Schill, Senior Advisor, represented the buyer in the transaction.
“The buyer purchased this property for his Farmers Insurance Agency. He liked the property because it allows him to build equity through ownership. Also, lease rates have increased to the point that it makes more economic sense for him to purchase,” stated Eric Shaw.