Pinnacle Announces the Sale of 696 Sherman Street in Denver

Rob Edwards and Tom Ethington, Senior Advisors at Pinnacle Real Estate Advisors, LLC, are pleased to announce the sale of 696 Sherman Street located in Denver, Colorado.  The building is 5,237 square feet retail building sold on August 12th for $1,990,000 or $379.99 per square foot. Rob Edwards and Tom Ethington represented the buyer in the transaction.

“The Edwards & Ethington Team represented the local buyer in this three tenant in-fill urban retail investment transaction.  After purchasing the vacant Colorado Lace Dry Cleaners building in 2012, the seller completely renovated the property and leased the vacant space to Max’s Wine Dive, The Parlour, and Flow Juice Bar.  The local buyer plans to hold the investment for the long term.  With over 600 rental units under construction in a three block radius, this triple net retail investment is positioned for long term success.” said Robert Edwards.

For more information on this transaction, please contact Rob Edwards or Tom Ethington.