Pinnacle Announces Sale of Office Building in Golden Triangle

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1235 Elati Street in Denver, CO. The 1,801 square foot, two-story commercial building, sold on June 10th for a Contract Price of $800,000; $444.20 per square foot.­­­­­­­­­­­­­­­­­­­­­­ Jamie Mitchell, Principal, and Paul Nora, Associate Advisor, represented both the Buyer and Seller in the transaction. Nora commented, “We are thrilled to achieve both an outstanding price for the seller that reflects the current market, while at the same time obtaining a great site with future development potential that was a strong fit for the buyer who will take occupancy as an owner / user.”