Press Releases
Marcus & Millichap Arranges $3.2 Million Sale of Arvada Office Building
June 23, 2026
ARVADA, Colo., June 23, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Park Center Office Building, a 25,567-square-foot office property for $3.2 million.
“Arvada’s office market continues to benefit from limited new supply and steady demand from medical and professional office users,” said Erik Enstad, associate director investments. “Well-located suburban properties with stable occupancy and strong in-place cash flow remain attractive to investors seeking long-term stability.”
Enstad, Brandon Kramer and Chadd Nelson, investment specialists in Marcus & Millichap’s Denver office, exclusively marketed the property on behalf of the seller, a local owner, and procured the buyer, a local investor.
The property is located at 8795 Ralston Rd. and includes the adjacent parcel at 8801 Ralston Rd. Built in 1974, the two-story Class B office building totals almost 1.4 acres. The property was fully stabilized at the time of sale and features a mix of medical and professional office tenants. Located at the intersection of Ralston Road and Estes Street, the property offers direct access from Ralston Road and sits adjacent to Ralston-Central Park, just minutes from Olde Town Arvada and the Ralston Creek retail and dining district.
“Arvada’s office market continues to benefit from limited new supply and steady demand from medical and professional office users,” said Erik Enstad, associate director investments. “Well-located suburban properties with stable occupancy and strong in-place cash flow remain attractive to investors seeking long-term stability.”
Enstad, Brandon Kramer and Chadd Nelson, investment specialists in Marcus & Millichap’s Denver office, exclusively marketed the property on behalf of the seller, a local owner, and procured the buyer, a local investor.
The property is located at 8795 Ralston Rd. and includes the adjacent parcel at 8801 Ralston Rd. Built in 1974, the two-story Class B office building totals almost 1.4 acres. The property was fully stabilized at the time of sale and features a mix of medical and professional office tenants. Located at the intersection of Ralston Road and Estes Street, the property offers direct access from Ralston Road and sits adjacent to Ralston-Central Park, just minutes from Olde Town Arvada and the Ralston Creek retail and dining district.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
