Pinnacle Announces the Sale of Off Market Industrial Investment

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Pinnacle Real Estate Advisors, LLC is pleased to announce the sale a 43,770 square foot industrial property located at 385 S Pierce Avenue in Louisville, CO for $8,750,000. Cody Stambaugh of The Morgan Stambaugh Group and Mark Alley of The Schneider Grimes Team represented the Buyer in the transaction.

“We were please to assist the Buyers in the acquisition of 385 S Pierce Avenue in Louisville. This acquisition satisfied the Buyers up-leg in their 1031 Exchange, and with the competitive commercial real estate investment market, we need to explore all avenues to secure opportunities. There is a terrific cooperative atmosphere at Pinnacle Real Estate Advisors that created the opportunity to team up with Mark Alley of the Schneider Grimes Team to identify and close on this off market industrial investment property. The Buyers are an established commercial real estate investment firm in Denver, and we couldn’t have worked with a better group on the transaction,” stated Cody Stambaugh of The Morgan Stambaugh Group.  

For more information on this sale please contact Cody Stambaugh (303-962-9530/cstambaugh@pinnaclerea.com) or Mark Alley (720-664-3282/malley@pinnaclerea.com).  

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