Pinnacle Announces the Sale of 1901 Leroy Drive

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1901 Leroy Drive located in Northglenn, CO. The 27,000 square foot industrial building sold for $3,050,000 or $113 per square foot. Kevin Calame and Matt Lewallen, Principals, represented the buyer and Paul Schneider, Principal, and Chase Grimes, Advisor, represented the seller in the transaction.

“The buyer traded out of an apartment building into this industrial flex asset for simplicity of management and increased return on his equity,” stated Calame.