Marcus & Millichap Brokers 17,493-Square-Foot Retail Center in Johnstown, Colorado

JOHNSTOWN, Colo., Aug. 4, 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 Ironwood Shops, a 17,493-square-foot, healthcare-anchored retail center in Johnstown, Colorado.

"Neighborhood retail centers continue to be among the most sought-after investment opportunities in today's market," said Ryan Bowlby, managing director investments. "Northern Colorado's strong population growth, expanding retail corridor and continued mixed-use development make healthcare-anchored retail assets like Ironwood Shops especially attractive to investors."

Bowlby and Drew Isaac, investment specialists in Marcus & Millichap's Denver office, exclusively marketed the property on behalf of a local investor and procured the buyer, both private investors.

The asset is located at 4848 Larimer Parkway. Built in 2020, the community totals 2.37 acres and includes 8 suites. Anchored by healthcare and service-oriented tenants, the property is positioned within one of Northern Colorado's fastest-growing retail corridors, where additional commercial and mixed-use development is planned.

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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.