5-Year Lease Executed in The Shops at Five Parks

Announcing an Executed Lease in The Square @ Five Parks

Denver, CO – September 27, 2021 – Madison Commercial Properties is pleased to announce an executed lease in The Shops @ Five Parks Portfolio at 13825 W. 85th Drive in Arvada. Five Parks Wine & Spirits, a high-end, boutique Liquor Store has signed a 5-year lease for Suite 130, consisting of 1,408 SF of storefront retail space.

Built in 2018, The Shops @ Five Parks is a 5-building mixed-use portfolio of office, retail and multifamily properties totaling 38,274 SF on 2.25 acres.

Brandon Gouker and Brian Costello, both Managing Partners with Madison Commercial Properties represented the local tenant, Five Star Wine & Spirits, in the transaction. The landlord, Five Parks Investors, LLC was represented by William Sheridan.

“We recently helped this client cash out of their profitable liquor store business so they were in need of a new location. Upon identifying a suitable location, we were able to assist them with negotiating favorable lease terms and executing on their business plan in a timely fashion,” stated Brandon Gouker, Managing Partner with Madison Commercial Properties.