Pinnacle Announces Sale of 24,178 SF Industrial Property
Posted on December 19, 2024
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a 24,178 square foot industrial property located at 501-521 Kalamath in Denver, Colorado for $4,100,000. Paul Nora, Advisor, and Jamie Mitchell, Principal, represented the Seller in the transaction.
“Our clients did a great job improving the property in order to achieve a significantly higher purchase price compared to what they bought the property for last year. The new owners will operate their HVAC business out of half the property while cash-flowing the other half. Congratulations to all parties!” said Jamie Mitchell.