Marcus & Millichap Brokers $8.5M Sale of Wabash Retail Marketplace in Denver
Why this matters
Retail has become a quiet outperformer. A decade of effectively zero new development has left necessity-driven, grocery-anchored, and Sun Belt strip product with negligible vacancy and re-leasing spreads in the high single digits. Cap rates have compressed in step, and the bid for stabilized portfolios is again broad across REITs, pension funds, and institutional core-plus capital. Denver multifamily concessions are tightening as the 2024 delivery wave clears, and industrial along the I-25 corridor continues to find institutional bids. The asset class has effectively rerated as a defensive yield trade rather than a secularly challenged sector.
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On the RET wire
- The tenth Denver story tracked on the wire in September 2026. All Denver coverage →
- Disclosed retail deal value tracked in September 2026: $5.7B across 97 reported transactions. All Retail coverage →
- 134 stories mentioning Marcus & Millichap on the wire in the past 90 days. Marcus & Millichap coverage →
Computed from Real Estate Trail’s own tracked coverage
DENVER — Marcus & Millichap has arranged the sale of Wabash Marketplace, a neighborhood shopping center in adjacent to Cherry Creek Country Club in Denver. Wabash Retail LLC sold the asset to James Harris for $8.5 mil…
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