Pinnacle Announces Sale of Office Building in Centenntial

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a 7,683 square foot office property which sold for $2,100,000($273/SF) located at 9801 East Easter Avenue in Centennial, CO. Liz Morgan and Cody Stambaugh of The Morgan Stambaugh Group assisting the Seller in the Transaction.

“We were pleased to assist the Seller in the sale and leaseback of their office building in Centennial, CO.  The Seller will lease back the property until their new office construction is complete, with the Buyer eventually occupying the building for their business. The property went under contract during Covid shutdowns, which has led to higher vacancies and decreased rental rates in the office market”, stated Liz Morgan of The Morgan Stambaugh Group.