Industrial Building Sale – Colorado Springs

Price: $4,010,000

Address: 3302-3368 ADOBE COURT

City: COLORADO SPRINGS

State: CO

ZIP: 80907

PINNACLE ANNOUNCES THE SALE OF MULTI-TENANT INDUSTRIAL PROPERTY

Colorado Springs, CO – October 12^th, 2018 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 3302-3368 Adobe Court in Colorado Springs. The multi-tenant industrial property, built in 1986, offered 59,500 net rentable square feet on almost six and a half acres of land. The property sold on October 9^th, for a contract price of $4,010,000; $67 per square foot. The property featured 20 tenants, a national and local mix, in a convenient central location with easy access. Jim Knowlton, Principal, represented the Buyer in the transaction.

For more information, please contact Jim Knowlton at 303-962-9543 or e-mail at JKnowlton@PinnacleREA.com.

Pinnacle Real Estate Advisors
Pinnacle Real Estate Advisors is a full-service commercial real estate brokerage firm servicing clients globally who own commercial properties in the metro Denver area and throughout Colorado. Our expertise encompasses all commercial real estate property types. We have experienced advisors specializing in apartment building sales and acquisition; retail property sales, leasing and acquisition; office property sales, leasing, tenant representation, and acquisition; and industrial property sales, leasing and acquisition. The Pinnacle Experience™ is a unique approach that is focused on each client’s needs, delivering superior real estate guidance, proven market perspective and unmatched results. Pinnacle Real Estate Advisors combines market expertise with a Full Spectrum Marketing™ campaign that delivers innovative real estate solutions that are client-centric and relationship focused. In 2017, Pinnacle Real Estate Advisors closed 346 transactions for a total of $604.3 million. To view a current list of our buildings for sale in Denver, visit: www.pinnaclerea.com/featured-listings.

###