Armstrong Capital Development Sells 16,600-Square-Foot Parker Keystone Retail Center in Metro Denver

by Hayden Spiess

Parker, Colo. — Armstrong Capital Development (ACD) has completed the sale of Parker Keystone, a 16,600-square-foot retail center located in Parker, roughly 25 miles southeast of Denver. A publicly traded REIT acquired the property for an undisclosed price. Located at the intersection of South Parker Road and Lincoln Avenue, the multi-tenant center was fully leased at the time of sale to tenants including Bank of America, Wingstop, Dunkin’ Donuts and AAA Colorado. ACD completed the transaction on behalf of its ACD 2013 Fund LP. Cory Gross of Marcus & Millichap arranged the transaction.

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