Pinnacle Announces the Sale of Crystal Rose Event Center in Denver
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of the Crystal Rose Event Center located at 9755 E. Hampden Avenue in Denver, Colorado. This 8,402 square foot retail property sold on September 19, 2014 for $1,050,000 or $125 per square foot. The property was purchased by Yak and Yeti Restaurant and Brewpub, who currently operates two additional locations in Arvada and Westminster. Yak and Yeti is a full service restaurant and brewery, featuring Nepalese and Indian cuisine, along with handcrafted beer, made right on the premises.
Brandon Gouker, Advisor at Pinnacle Real Estate Advisors, represented the buyer, Yak and Yeti Restaurant & Event Center, Inc. in the transaction. Bob Leino, Ian Elfner and Andrew Dodgen at Fuller Real Estate, represented the seller, Crystal Rose Management, Inc. in the transaction.
“This property presented an opportunity for my client to expand their already popular Restaurant and Brewery concept into a new market with the added benefit of being able to host larger scale corporate events, weddings, etc.,” stated Brandon Gouker, Advisor at Pinnacle Real Estate Advisors, LLC.