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Pinnacle Post - Commercial Real Estate in Denver

Pinnacle Real Estate Advisors provides up-to-date information on commercial real estate news in Denver. Our commercial real estate blog delivers market data and market trends for all product types including: office, industrial, multifamily, land, retail and student housing.

Pinnacle Real Estate Advisors Celebrates Its Best Year

Posted on Tue, Jan 13, 2015

pinnacle_logoDenver-based commercial real estate firm, Pinnacle Real Estate Advisors finished the year strong and posted its best year since the company was founded eight years ago

Pinnacle’s 2014 sales volume is up 25 percent from 2013. “Pinnacle brokers closed 307 sales and lease transactions, up 16 percent from the 265 we completed in 2013. We had a record breaking May this year and closed over 26 deals that month alone,” stated Jeff Johnson, principal and co-founder of Pinnacle

“The Denver commercial real estate market is strong,” said Matt Ritter, principal and co-founder of Pinnacle. “We saw an increase in the number of deals in every product type this year. Denver’s multi-family investment properties did particularly well in 2014 and we have seen aggressive growth in the office, industrial and retail sectors as well.”

Senior Advisors Matt Lewallen and Kevin Calame closed the largest transaction of the year. Mint Urban Apartments closed in March and sold for $17.3 million or $122,695 per unit. Matt Lewallen and Kevin Calame represented both the buyer and seller in the transaction.

Josh Newell, Senior Advisor, received this year’s Top Producer Award. In the last eight years, Josh has completed over 159 multifamily investment transactions totaling over $209 million. He has received the Top Producer Award six out of the past eight years.

Tags: Commercial Real Estate Denver, Denver Commercial Real Estate, pinnacle real estate advisors, Jeff Johnson, Matt Ritter

Pinnacle Real Estate Advisors Would Like to Congratulate Our Top Brokers of 2014

Posted on Tue, Jan 06, 2015

pinnacle_logoPinnacle Real Estate Advisors, LLC would like to congratulate Josh Newell, Senior Advisor,  in receiving this year’s Top Producer award.  In the last eight years, Josh has completed over 159 multifamily investment transactions totaling over $209 million. In 2014, he closed 26 deals with a sales volume of $32.1 million.  Josh’s largest transaction this year was the sale of 375 S Depew Street, which sold for $3.9 million. Josh Newell also earned the Top Multifamily Broker award.  “Josh is committed to growing and improving his business each year. He has been our top producer six out of the past eight years, and this is a huge accomplishment,” stated Jeff Johnson, principal at Pinnacle Real Estate Advisors.  

Mark Goodman, with the Mark Goodman and Paul Schneider Team, was awarded the Top Industrial Broker award.  In 2014, Mark completed 22 sales for a total sales volume of $25.8 million. His largest deal this year was 690 West 62nd Avenue, which sold for $5.4 million. Mark has been awarded the top industrial broker award four years in a row.

The Top Office Broker award went to Jeff Caldwell with the Jeff Caldwell and Blake Holcomb Team.  In 2014, Jeff completed 29 leases for a total lease consideration of $20.3 million. His largest deal of the year was the 6th floor lease at 200 Columbine in Chery Creek North.

Rob Edwards and Tom Ethington were awarded the Top Retail Broker award.  They have completed 14 sales this year with a total sales volume of $43.3 million. Their largest transaction of the year is the sale of 14630 W Colfax Drive which sold for $5.0 million in the Denver West Market.

The Most Improved Broker award went to Scott Fetter, a multifamily broker.  Scott has been in the business for over 3 years.  In 2014, he closed 20 deals with an average deal size of $654,675. 

Tags: Mark Goodman, Commercial Real Estate Denver, Rob Edwards, Tom Ethington, pinnacle real estate advisors, Jeff Johnson, Josh Newell, Jeff Caldwell, Matt Ritter, Top Producer 2014

Seasons Greetings from Pinnacle Real Estate Advisors

Posted on Tue, Dec 23, 2014

Seasons_Greetings_2014

Tags: Commercial Real Estate Denver, pinnacle real estate advisors

Pinnacle Real Estate Advisors is Hiring a Financial Analyst

Posted on Mon, Dec 15, 2014

Financial Analyst

Experienced Financial Analyst needed for Pinnacle Real Estate Advisors, a local, high growth, dynamic, energetic commercial real estate firm. 

Seeking an experienced Financial Analyst who desires to expand his or her experience in commercial real estate investing with highly respected industry experts. Must be a hardworking, trustworthy, and an organized person, with a strong ability to multi-task. A can-do attitude is a must, along with the ability to learn quickly and adapt to a demanding and changing work environment.

View Full Job Description Here

Tags: pinnacle real estate advisors, Commercial Real Estate Jobs Denver, Denver Financial Analyst Job, Financial Analyst Job Denver

Pinnacle Real Estate Advisors Volunteers at Denver Santa Claus Shop

Posted on Fri, Dec 12, 2014

Pinnacle_Santa_ClausOn Friday, Pinnacle Real Estate Advisors, LLC spent the afternoon volunteering at the Denver Santa Claus Shop handing out toys to children and families. The Denver Santa Claus Shop’s mission is that every child has a toy at Christmas. 

Click here to learn more about The Denver Santa Claus Shop

Tags: pinnacle real estate advisors, Denver Santa Claus Shop, Pinnacle Volunteers

3Q Denver Market Reports Available Now

Posted on Thu, Oct 30, 2014

Our 3Q MarketAdvisor™ reports offer useful information for investors, tenants and landlords in Denver.

Office MarketAdvisor™

The metro Denver office market ended the third quarter with positive 1,070,775 square feet of absorption. This is up from last quarter where  there was 587,385 square feet of absorption.

Industrial MarketAdvisor™

The Denver industrial market ended the third quarter of 2014 with 535,744 square feet of positive absorption. This is down from the second quarter where 2,065,572 square feet was absorbed. 

Retail MarketAdvisor™

The metro Denver retail market did not see much change in the third quarter of 2014. In the third quarter, the vacancy rate decreased to 5.7% down from 5.9% in the second quarter

Multifamily MarketAdvisor™

The vacancy rate decreased to 3.9% in the third quarter from 4.7% in the second quarter. Historically, vacancy is higher in the fourth and first quarters of the year and lowest during the second and third quarters.

New Call to action

 

 

Tags: Commercial Real Estate Market Reports Denver, Market Reports Denver, Denver Market Reports, MarketAdvisor

NAIOP Colorado Fight Night 2014

Posted on Tue, Oct 21, 2014

FightNight2014_LogoOn October 16th, Pinnacle Real Estate Advisors had the opportunity to support NAIOP Colorado’s second annual Fight Night. The event was held at Infinity Park Event Center in Glendale and was an evening of dinner, cocktails and ringside entertainment. Pinnacle was a sponsor of the event and the top contributor to the raffle winning the “Golden Gloves Trophy.” Proceeds from the raffle benefited Denver Active 20-30 Children’s Foundation, which is dedicated to contributing to the betterment and welfare of the children in our local community.

Tags: Pinnacle Real Estate Adivisors, NAIOP Denver, NAIOP, Fight Night 2014, NAIOP Colorado Fight Night 2014, NAIOP Colorado

Pinnacle Real Estate Advisors is Hiring!

Posted on Mon, Oct 20, 2014

Associate Advisor

Associate Advisor  needed for Pinnacle Real Estate Advisors, a local, high growth, dynamic, energetic commercial real estate firm.

Looking for a strategic and self-motivated candidate with an entrepreneurial spirit and career-driven mindset. Must be a hardworking, trustworthy, and organized person, with a strong ability to multi-task. A can-do attitude is a must, along with the ability to learn quickly and adapt to a demanding and changing work environment. This position is designed based on a successfully built business model that relies on the mentorship and training of one of Pinnacle Real Estate Advisors’ founding partners and Principal. Ideal candidate will fulfill this position for a span of four years as an apprentice to the Co-Founder and Principal.

View Full Job Description Here

Tags: Pinnacle Real Estate Adivosrs, Commercial Real Estate Job Denver, Denver Commercial Real Estate Job, Jobs in Commercial Real Estate Denver,

Veteran's Passport To Hope 2014 Gala

Posted on Fri, Oct 17, 2014

Veterans_Passport_to_HopeLast night, Pinnacle Real Estate Advisors had the opportunity to support Veteran’s Passport to Hope at their third annual charity gala. Veteran’s Passport to Hope is a nonprofit organization whose mission consists of three main focus areas: awareness, fund-raising, and cooperation with organizations supporting veteran’s needs. The organization was founded to raise money and awareness in Colorado to help Veteran’s. Pinnacle was a table sponsor for the event. We honor those who have served and thank those serving today for their continued service to our country.

Click Here to Learn More About Veteran's Passport to Hope

Tags: pinnacle real estate advisors, VP2H, Veteran's Passport to Hope, Veteran's Passport to Hope Colorado

Pinnacle Real Estate Advisors Welcomes Eric Diesch

Posted on Wed, Aug 20, 2014

Eric_Diesch-1Pinnacle Real Estate Advisors, LLC is pleased to announce that Eric Diesch has joined our team as a Senior Advisor.  Prior to Pinnacle, Eric worked as an associate for one of Denver’s top boutique firms where he focused on leasing a portfolio of over two million square feet of real estate as well as representing various corporate, regional and local tenants throughout the Colorado market. Eric graduated from Colorado State University with a degree in corporate finance. Eric has extensive experience in retail leasing and tenant representation.

Eric states, “I am excited to join Pinnacle Real Estate Advisors. Pinnacle Real Estate Advisors is a client focused and team oriented firm.  I am happy to be a part of an experienced group of professionals and look forward to building many new relationships. Pinnacle’s resources and client focused approach will benefit my clients greatly.” 

Click Here to View Eric's Bio

Tags: Denver Retail Broker, Retail Broker Denver, Pinnacle Real Estate Adivosrs, Eric Diesch

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