Pinnacle Announces Sale of Five Building Mixed-Use Portfolio in Arvada, CO

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a five building mixed-use portfolio in Arvada, CO. This $11,485,000 portfolio, situated on the Northwestern edge of the Arvada market, consists of residential, retail, and office tenants throughout different portions of the portfolio.  While the various tenant/lease types proved to be a challenge, the team strategized and ultimately facilitated a complex sale to a 1031 California buyer. Additional complexity was incorporated when the buyer selected a CBMS debt finance structure. “This deal really showcased our team’s knowledge, hard work, and problem-solving skills in challenging situations, which was the difference for our clients,” stated Peter Sengelmann, senior broker at Pinnacle Real Estate Advisors.

This is a big win for Pinnacle, not only because of the hard work that was put in but more importantly, it shows the expertise these brokers needed to ultimately get the job done. Eric Diesch & Peter Sengelmann represented the Seller in the transaction.