Pinnacle Announces Sale of 14,587 SF Office Building in Thornton

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 51 West 84th Ave located in Thornton, Colorado. This office property built in 1973 was extensively renovated in 2016. The building is located just off I-25 and the West 84th Avenue exit. The property sold on January 30th, 2017 for $1,215,000 or $83.29 per square foot. Jeff Johnson, with the Johnson Ritter Team, represented the Seller in the transaction.

“With the sale of 51 W. 84th, our client was able to realize the value they added through extensive renovations and aggressive leasing efforts.” stated Jeff Johnson, principal at Pinnacle Real Estate Advisors.