Pinnacle Announces the Sale of an Industrial Property in Colorado Springs

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Pinnacle Real Estate Advisors, LLC is pleased to announce the sale a 50,000 square foot industrial property located at 980 Elkton Drive in Colorado Springs, CO for $6,875,000. Cody Stambaugh of The Morgan Stambaugh Group and Peter Sengelmann of The Diesch Sengelmann Team represented the Seller in the transaction.

“Cody and I sold the Sellers the deal back in 2014 as a net lease investment. When the tenant purchased a building twice the size we knew it was time to sell the asset to a new investor,” stated Peter Sengelmann, Vice President.

For more information on this sale please contact Cody Stambaugh (303-962-9530/cstambaugh@pinnaclerea.com) or Peter Sengelmann (303-962-9552/psengelmann@pinnaclerea.com ).  

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