Pinnacle Announces Sale of Large Arvada Office Space
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of Parkside Center located at 5255-5275 Marshall Street in Arvada, Colorado. This 19,528 square foot two-building office property sold at a purchase price of $1,950,000. Jason McClanahan and Andrew Monette of the Johnson Ritter Team, assisted both parties in the transaction.
“This was a great deal for both sides. While the seller realized strong market driven appreciation over the past several years, the buyer was still able to get an asset with tremendous upside in a growing, up-and-coming area.”