Marcus & Millichap Inc.
08/18/2026 | Press release | Distributed by Public on 08/19/2026 16:08
Marcus & Millichap Arranges $2.16M Sale of Denver Medical Office Property
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Marcus & Millichap Arranges $2.16M Sale of Denver Medical Office Property
August 18, 2026
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DENVER, Aug. 18, 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 820 Clermont St., a 14,560-square-foot medical office property in Denver, Colorado, for $2.16 million.
"Denver's 10,000- to 20,000-square-foot medical office segment remains tight and supply-constrained, with low vacancy and continued rent growth," said Erik Enstad, associate director investments. "Demand from expanding outpatient and specialty providers remains strong, particularly for properties near major healthcare campuses like this one."
Enstad, Brandon Kramer and Chadd Nelson, investment specialists in Marcus & Millichap's Denver office, exclusively marketed the property on behalf of the seller, an owner-user, and procured the buyer, a group of private investors. The transaction closed all cash.
The property is located at 820 Clermont St. in Denver's Hale neighborhood, one block south of the Rose Medical Campus. Built in 1971, the medical office property sits on 0.25 acres and features recent capital improvements. The property is zoned G-MX-3, allowing for a mix of office, medical and commercial uses. The new ownership plans to lease the property's available space.
"Denver's 10,000- to 20,000-square-foot medical office segment remains tight and supply-constrained, with low vacancy and continued rent growth," said Erik Enstad, associate director investments. "Demand from expanding outpatient and specialty providers remains strong, particularly for properties near major healthcare campuses like this one."
Enstad, Brandon Kramer and Chadd Nelson, investment specialists in Marcus & Millichap's Denver office, exclusively marketed the property on behalf of the seller, an owner-user, and procured the buyer, a group of private investors. The transaction closed all cash.
The property is located at 820 Clermont St. in Denver's Hale neighborhood, one block south of the Rose Medical Campus. Built in 1971, the medical office property sits on 0.25 acres and features recent capital improvements. The property is zoned G-MX-3, allowing for a mix of office, medical and commercial uses. The new ownership plans to lease the property's available space.
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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 https://www.MarcusMillichap.com.
Marcus & Millichap Inc. published this content on August 18, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on August 19, 2026 at 22:08 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]