Pinnacle Announces Sale of Retail Strip Center in Colorado Springs
Posted on May 2, 2017
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1810-1840 Dominion Way located in Colorado Springs, Colorado. This retail property was built in 1985, with renovations taking place in 2015. The building is located in North Colorado Springs on the Academy Boulevard corridor. The property sold on May 1st, 2017 for $3,650,000 or $143.85 per square foot. Matt Ritter and Jeff Johnson, with the Johnson Ritter Team, represented the Buyer in the transaction.
“With the sale of 1810-1840 Dominion Way, our clients were able to finish the up-leg of their 1031 Exchange, positioning them for a significant expansion of their portfolio,” stated Matt Ritter, Co-Founder and Principal at Pinnacle Real Estate Advisors.