Pinnacle Announces Sale of 38K SF Office/Warehouse Property in Wheat Ridge, CO
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a two-tenant 38,114 SF office, light industrial and warehouse facility situated on 3.3 acres of land for $4,800,000 located at 4725 Independence Street in Wheat Ridge, Colorado. John Reynolds and James Wachholz with Cushman & Wakefield and RC Myles with Pinnacle Real Estate Advisors represented the seller, Tecta, LLC and Solo@LHC, LLC, in the transaction, and Mark Alley and Paul Schneider with Pinnacle Real Estate Advisors represented the Buyer.
“It was a pleasure working with Tasman, Inc., a company that is rapidly expanding on many levels. Not only did they need more square footage, but also additional functionality for their operations. I am grateful that they gave me the opportunity to assist them in starting their next chapter of growth and success,” stated Alley.
“There was strong interest in the building from multiple buyers. The Seller was particularly impressed with Tasman’s efficient due diligence process. The result was a favorable outcome for all parties involved,” commented Myles.