Pinnacle Announces the Sale of The Learning Experience in Lafayette
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of The Learning Experience located at 2314 State Highway 287 in Lafayette, CO. The 10,000 square foot childcare and early childhood development facility sold for $3,676,470 or $368 per square foot. Robert Edwards and Tom Ethington, Principals, represented the buyer in the transaction.
“The buyer was looking to 1031 exchange out of their apartment building to reduce the day to day property management requirements,” stated Ethington. “We found an excellent long term leased single tenant opportunity in Lafayette, Colorado closing just 27 days after the apartment building sold, keeping their equity at work.”