Cushman & Wakefield Commerce Real Estate Solutions has brokered the sale of the Brickyard Shopping Center, a 305,000-square-foot retail property located near the corner of 3300 South and 1300 East.
Yacoel Partners of Newport, Calif., purchased the property from The Boyer Company and its partner, the Thackeray Company, which owned the shopping mall for the past 15 years.
"The Brickyard Shopping Center is located in an extremely attractive retail location," said Kip Paul, of Cushman & Wakefield | Commerce, 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. Salt Lake Tribune