Pinnacle Announces Sale of Retail/Industrial Building in Denver

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 7880 Washington Street, Denver, Colorado. This retail/industrial property is leased to Caliber Collision and was built in 2003. The building is located on Washington Street in northeast Denver. The property was sold on October 11, 2023 for $2,765,000 or $172.81 per square foot.  Peter Sengelmann represented the Buyer in the transaction.

“The buyers came to me with a looming 1031 deadline. I was able to locate, put under contract and close this property for them in only 29 days. This deal was a great representation of my ability to execute when my clients come to me with a specific objective,” stated Peter Sengelmann, Vice President at Pinnacle Real Estate Advisors.