Pinnacle Announces The Sale of A Multi Tenant Retail Center in Colorado Springs
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a 12,100 square retail center for $4,650,000 located at 5982 Stetson Hills Blvd. in Colorado Springs, Colorado. Peter Sengelmann, Eric Diesch, and Jackson Coon represented the seller in the transaction. The property is situated in the northeast market of Colorado Springs and directly off the major thoroughfare, N. Powers Blvd. The listing team was able to attract a local investor that was looking to expand their portfolio in Colorado. The team was able to leverage a recent sale in the Colorado Springs market to continue to highlight their presence in the area, “Our clients had recently purchased the asset and were looking to reallocate their funds in order to pursue other investments. Our efficiency and the price we were able to achieve in this transaction helped facilitate their investment goals,” stated Eric Diesch, Senior Advisor at Pinnacle Real Estate Advisors.
Pinnacle is very proud of this transaction, not only because of how this team continues to exceed client’s expectations but this transaction in particular really highlights the team’s ability to expand their market presence.