Pinnacle Announces Sale of 59,326 RSF Medical Office Park in Broomfield

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a 59,326 rentable square foot medical office park for $16,850,000 ($284/RSF) located at 3301-3305 West 144th Avenue in Broomfield, Colorado. Corey Sandberg, Advisor, represented the seller, BPC Holdings, LLC in the transaction.

“During this transaction we were able to generate multiple offers for our client’s NNN leased medical office park. The medical nature of the campus, and meticulous selection of tenants by the Seller, provided for stable rent collections throughout the COVID pandemic helping us generate a highly competitive market for this top-of-class asset. The sale gave our client the opportunity to capitalize on their strategic foresight, and detailed re-positioning, of this unmatched asset. The Buyer was able to add to their portfolio in Colorado by settling into a stable asset in the wealthy and growing northern metro”, stated Sandberg.