Pinnacle Announces the Sale of Off Market Retail Property on Broadway
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of a 20,446 square foot retail building located at 445 Broadway in Denver, CO. The Buyer, Hancoop @ Denver, LLC, purchased the building for $5,100,000 on May 19, 2023, in an off-market transaction. Liz Morgan, Cody Stambaugh and Natalie Dupree of The Morgan Stambaugh Group represented the Buyer in the transaction. Chadd Nelson of Marcus Millichap represented the Seller.
“We are excited to represent the Buyer in the off-market purchase of the building at 445 Broadway in Denver, CO. We originally represented the Tenant, operating as GRID and Solera, in securing a lease of the building in 2016, so it is wonderful to see him now purchasing the real estate. A big thank you to all parties involved for getting this deal over the finish line”, stated Elizabeth Morgan, with The Morgan Stambaugh Group at Pinnacle Real Estate Advisors.