Pinnacle Announces the Sale of 720 North Main Street
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 720 North Main Street located in Pueblo, CO. The 41,524 square foot office building sold for $2,300,000 or $55.39 per square foot. Andrew Monette, Associate Advisor, and Jeff Johnson, Co-Founder/Principal, represented the buyer and Jamie Mitchell, Principal, and Michael Krebsbach, Senior Advisor, represented the seller in this transaction.
“By selling two apartment buildings and trading into this office asset, my client has relieved himself of all management responsibilities, while increasing his cash flow by more than double, and is now much closer to fully retiring,” stated Monette.