Farmers Insurance Signs Lease in the Heart of Downtown Parker
Trevey Commercial Real Estate announced the lease of 930 square feet of office space at 11020 Pikes Peak Drive, located in the iconic Victorian Peaks building in downtown Parker, Colorado. Michael Hatch Agency, Inc., dba Farmers Insurance, has signed a long-term lease for this desirable location in the heart of Parker.
The Landlord, Robelle, Inc., was represented by David Marulli of Trevey Commercial Real Estate in this direct transaction. The tenant was represented by Tommy Daher, also of Trevey Commercial Real Estate.
Trevey Commercial Real Estate provides brokerage representation, commercial real estate sales and leasing, land development consultation, and property management services for clients in the southeast metro region and across the greater Front Range.
Marcus & Millichap Facilitates the Sale of a $2.5M Net-Leased Property in Parker
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Colorado Behavior & Learning Group, a net-leased property located in Parker, according to Adam A. Lewis, regional manager of the firm’s Denver office. The asset sold for $2,525,000.
Cory Gross, an investment specialist in Marcus & Millichap’s Denver office, had the exclusive listing to market the property on behalf of the seller, a private investor.
Colorado Behavior & Learning Group is located at 12301 Country Meadows Dr in Parker. The property was recently fully renovated to meet the precise specifications of one of Colorado’s premier ABA therapy providers. Parker, a thriving suburb of Denver, is experiencing significant growth, with 118 active developments underway. Notably, the Tanterra master-planned community, consisting of 3,330 homes across 1,200 acres, is just two miles from the site.
“We received multiple offers, and the property ultimately sold to a local investor at 98% of the asking price,” said Cory Gross. “There is sustained demand for well-located, net-leased medical assets in the Denver metro area.”
The property boasts exceptional visibility to approximately 50,000 vehicles per day at a signalized intersection. Nestled in a peaceful environment, it is located adjacent to the McCabe Meadows Trailhead Park with direct access to the Cherry Creek Trail. The surrounding area includes McCabe Meadows and the 275-acre Salisbury Equestrian Park, both owned by the Town of Parker, which limits future development and helps preserve the area’s natural charm.
Pinnacle Announces Sale of Well-Established Liquor Store Off Highway 287 in Lafayette
Pinnacle Real Estate Advisors announced the successful sale of South Boulder Road Liquors, a 4,000-square-foot operating liquor store business, located at 545 W. South Boulder Road in Lafayette.
Levi Saxen, advisor, and Jack Eberwein, associate advisor, with The Saxen Team represented both the buyer and seller in this transaction.
“After more than two decades in business, the owners were ready to retire. We were honored to assist in facilitating this transition, enabling them to move forward into the next chapter of their lives. The buyers are well-positioned for long-term success as they take over a well-established and respected liquor store,” said Saxen and Eberwein.
87,860 SF Industrial Building in Denver Sells for $11.9M
Steve Serenyi, principal of Colliers Denver, recently facilitated the sale of the property located at 1150 E. 58th Avenue, Denver, to PBS PT, Inc., a user buyer that will be relocating and expanding into the property.
1150 E. 58th Avenue is a 87,860-square-foot industrial distribution building ideally located in Central Denver, just north of downtown. The building was sold for $11,900,000 because of its great location, diverse loading options, and high ceilings.
CBRE Arranges Highest Price-Per-Unit Multifamily Sale in Evans in 2025
CBRE has arranged the $1.33 million sale of two fourplex apartment buildings in Evans to a private investor. This sale, completed on April 30, 2025, marks the highest price-per-unit of a multifamily sale in Evans for the past two years.
Charlie Mitelhaus of CBRE represented the private seller in the transaction.
Located at 3911-3925 Central St., the buildings were built in 2003 and consist of three-bedroom units with an average size of 1,036 square feet. The apartments have in-unit washer/dryer hookups, private unit entrances, full kitchens, individual water heaters, central air conditioning, and forced air. The buildings feature an off-street parking lot available for tenants.
“These apartments have a floorplan that is typically highly sought-after in this submarket, reflected in the 100% occupancy rate at the time of purchase,” said CBRE’s Mitelhaus. “Coupled with being located in one of the fastest-growing counties in the state, this in-demand apartment complex is a great investment.”
The property offers quick access to U.S. Route 85 and U.S. Route 34 and is approximately 2.5 miles south of the University of Northern Colorado.
Multifamily properties built in the 2000s ended Q1 2025 with an average occupancy rate of 94.6%, just above the metro Denver total occupancy rate of 94.2%, according to CBRE Research.
1.38-Acre Pad Site Sells in Thornton
Malman Real Estate, a Denver-based commercial real estate brokerage providing premier brokerage services to buyers, sellers, landlords, and tenants, announced the sale of a 1.38-acre pad site at Washington Street and Russell Boulevard in Thornton for $575,000.
The site is adjacent to the future development of the Thornton Shopping Center.
Malman Real Estate’s Jake Malman and Michael Kraus represented the seller, TSC Equities, LLC. The buyer, GBB Commercial Property, LLC, was represented by Arlene Castro of iGo Realty.
