Portfolio
Real Estate
Union Heights
Transaction Overview
Union Heights is an 89,429 square foot Class-A retail and entertainment center located in Salt Lake City, Utah in the highly desirable in-fill southeast community of Sandy. The property is ideally positioned between Downtown Salt Lake City and the "Silicon Slopes" sub-markets. Developed in 2005, the Property is anchored by Century Theaters, a full service 16-screen entertainment center. Originally developed in conjunction with an adjacent office building, the retail center draws from an existing and captive customer base, including residents of a nearby 300-unit new multifamily development.
Key Stats
Location
Salt Lake City, UT
Submarket
Sandy
Address
7650 Union Park
Square Footage
89,429 SF
Property Type
Class "A" Retail
Investment Profile
Value-Add
Acquired
Q4 2019
Status
Active Investment; Re-positioning Underway