Our Views, News, and Market Research

Regionally Dominant Durango Town Center in Durango, CO Closes for $14.5 Million

Ryan Bowlby and Drew Isaac of Marcus & Millichap’s Denver office represented the seller in the transaction, and Bowlby procured the buyer.

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Marcus & Millichap Announces the Sale of Walmart Supercenter Shadow-Anchored Shopping Center in The Rocky Mountain West

The property, traded for $14,500,000, and was acquired by Armstrong Capital Development.  Marcus & Millichap’s Ryan Bowlby & Drew Isaac exclusively listed this property on behalf of the seller.

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Reflecting on Post-Pandemic Retail Investment Sales in 2023

As seen in the Colorado Real Estate Journal, the August 16 Retail Properties Quarterly newsletter, “New Darling Asset Class: Retail Deals in Demand” by Drew Isaac and Ryan Bowlby

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Drew Isaac & Brian Bailey of Marcus & Millichap Close $35.1M Sale of Midwest Arby’s Portfolio

Marcus & Millichap has brokered the massive sale of a 22-property Arby’s portfolio .  The net leased assets are located in Iowa, Montana, North Dakota, Nebraska and Wisconsin.

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Net Leased Starbucks & Shake Shack Properties Trade in Greenwood Village, CO

Investment specialists Drew Isaac, Ian Hicks, and James Rassenfoss in Marcus & Millichap’s Denver office exclusively listed the newly developed properties, which both include a drive-thru.

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Marcus & Millichap Brokers Sale of Buffalo Wild Wings in Castle Rock, CO

Drew Isaac & Ian Hicks recently brokered the sale of a Buffalo Wild Wings property strategically located at the Promenade at Castle Rock, adjacent to the Outlets at Castle Rock. The property sold for $2,525,000 or $399.46 per square foot.

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Newly Developed Sand Hill Shops in Colorado Springs, CO Sale Arranged by Marcus & Millichap Investment Specialists

Sand Hill Shops in Colorado Springs, CO was listed by Ryan Bowlby, senior director, and Drew Isaac, senior managing director of Marcus & Millichap’s Denver office.  At the time of the sale, the property was 100 percent leased by eight tenants, and features two drive-thrus.    

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M&M Denver’s Bennett Elsman & Drew Isaac Discuss Attractiveness of Retail Real Estate Investment Despite Economic Conditions

Real estate transactions have slowed but not halted, excess capital continues to propel buyers and sellers to transact, albeit in a slower and more cautious manner.

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IPA Brokers Ryan Bowlby & Drew Isaac Close Sale of Power Center Centerplace of Greeley

Centerplace Greeley, a 152,000-square-foot Safeway-anchored shopping center in Greeley, CO, has sold for $37.55 million.  The center features Ross, Famous Footwear, Buckle, Bath & Body Works, Cold Stone Creamery, Bank of America, Sally Beauty, Tokyo Joe’s, and Heartland Dental.

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Ryan Bowlby & Drew Isaac Close $5.5M Sale of Multi-Tenant Retail Property in Denver, CO

A KeyBank shops property located on Colorado Boulevard, a highly trafficked thoroughfare stretching throughout Denver, has sold for $5,470,000 or $678 per square foot.

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Sale of Shopping Center in Centennial Signals Demand for Retail Assets in Metro Denver

Arapahoe & Lima Center, a 28,461,000-square-foot shopping center in Centennial, has sold for $8,200,000 or $292 per square foot.  Ryan Bowlby, first vice president of investments, and Drew Isaac, senior managing director, at Marcus & Millichap Denver represented both the buyer and seller.

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May 2022: Examining the Current State of Retail in Denver

Colorado income-producing retail properties continue to be in high demand among nationwide investors.

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