Pinnacle Announces the Sale of 5341-5377 Federal Boulevard
Posted on December 19, 2014
Pinnacle Real Estate Advisors is please to announce the sale of 5341-5377 Federal Boulevard in Denver, Colorado. The commercial land redevelopment site is 2.87 acres with C-5 zoning. The property sold for $747,444 or $5.99 per square foot. Billy Riesing, Associate Advisor, and Matt Lewallen, Senior Advisor, assisted the seller in the transaction.
“The sale of 5341-5377 Federal is a reflection of the influx of capital entering the North Federal Corridor. Investors looking for high upside opportunity are beginning to see the mid-to-long term gains for this gentrifying part of Metro Denver,” stated Billy Riesing.