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CBRE Arranges $11M Sale of Parker Crossroads Retail Center in Colorado

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Hobby Lobby and Planet Fitness occupy Parker Crossroads, a 94,772-square-foot retail center in Parker, Colo.

PARKER, COLO. — CBRE has brokered the sale of Parker Crossroads, a retail center located at 10901 S. Parker Road in Parker. A California-based private investor acquired the property from St. Louis-based Pace Properties for $11 million.

Hobby Lobby and Planet Fitness occupy the 94,772-square-foot, two-tenant box retail center, which was built in 1994 and situated on 9.3 acres. The property was 100 percent occupied at the time of sale.

Matthew Henrichs and Brad Lyons of CBRE represented the seller in the deal.

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