Pinnacle Announces the Sale of 9234 Park Meadows Drive in Lone Tree
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 9234 Park Meadows Drive located in Lone Tree, Colorado. The 16,031 square foot retail building sold for $5,150,000 or $321.25 per square foot. Tom Ethington and Robert Edwards represented the seller in the transaction.
“Retail continues to be a strong investment class in the Denver market, especially where population growth is high. The Seller was at the end of his hold and the local investor was in a 1031 exchange with long term plans to improve the Center,” stated Tom Ethington, Senior Advisor at Pinnacle Real Estate Advisors.