Brickyard Shopping Center sold to California group
Yacoel Partners of Newport, Calif., has purchased the Brickyard Shopping Center, a 305,000-square-foot retail property near the corner of 3300 South and 1300 East in Millcreek.
The Boyer Co. and its partner, the Thackeray Co., both of Salt Lake City, had owned the shopping center for the past 15 years.
"The Brickyard is in an extremely attractive retail location," said Kip Paul, of Cushman & Wakefield | Commerce Real Estate Solutions, who brokered the transaction. "This is evidenced by the fact that it is 98 percent occupied, and includes tenants such as Kohl's, TJ Maxx, Office Max, Ross Dress for Less, Shoe Carnival, AutoZone and others."
The center, built in 1980, once was the site of one of the largest brick manufacturing companies in the West.
Brickyard Shopping Plaza
Where • 3300 S. 1300 East, Salt Lake City
What • 305,000-square-foot retail property
Sold to • Sold to Yacoel Partners of Newport, Calif.
Former owners • Boyer Co. and partner Thackeray Co.