Pinnacle Announces the Sale of 2600 E Colfax in Denver
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 2600 E Colfax located in Denver, Colorado. The 4,888 square foot retail storefront sold on December 28th, 2015 for $925,000 or $189.23 per square foot. Billy Riesing and Jamie Mitchell, both Senior Advisors at Pinnacle Real Estate Advisors, acted as transaction brokers in the transaction.
“The sale of 2600 E. Colfax reflects the continued gentrification of the East Colfax Retail Corridor and its high level of appreciating market activity for its urban properties. 2600 E. Colfax will be fully-renovated, including a brand new storefront and facade, and will be leased up to quality retail tenants,” stated Billy Riesing, Senior Advisor at Pinnacle Real Estate Advisors.