In Brief:
- Wabash marketplace sold for $8.5 million
- Property size 34,846 square feet near Cherry Creek Country Club
- Buyer james harris acquired via 1031 exchange
- Cory gross represented seller and buyer for marcus & millichap
DENVER — Wabash Marketplace, a 34,846-square-foot shopping center near Cherry Creek Country Club, has sold for $8.5 million, according to Marcus & Millichap.
The property at 8400 E. Iliff Ave. sold for about $243 per square foot in an off-market transaction. Built in 1983, the center sits on 2.13 acres and includes restaurants, a coffee shop, fitness and beauty businesses and a home decor retailer.
Cory Gross, managing director of investments in Marcus & Millichap’s Denver office, represented the seller, Wabash Retail LLC, and secured the buyer, James Harris…