Legacy Buys 60,000 SF Retail Asset

For Immediate Release:  Legacy acquires retail property next to Fashion Place Mall in Murray, UT

Legacy buys Goodwill and Planet Fitness anchored retail asset in Murray, Utah.

Draper, UT – May 9, 2017 – Legacy Real Estate Investments, Inc. on May 9th, 2017 closed on the purchase of 6042 S State Street, a retail building consisting of two tenants and 60,000 square feet of prime retail space in Murray, Utah.  This property is next to Fashion Place Mall, the largest mall in Utah and home to a bustling retail corridor on State Street.  “Happy to become the landlord of two great tenants in Planet Fitness and Goodwill in this dynamic location”, commented David Werts, Principal and Founder of Legacy.  The retail asset was not marketed for sale but sold in an off-market transaction with the help of local brokers.

About Legacy Real Estate Investments

Founded in 2005, Legacy is a real estate investment, management and consulting firm specializing in commercial real estate properties in the Western United States.  Legacy represents investors that include high net worth individuals, families, pensions and trusts as well as corporate and institutional clients in building wealth through commercial real estate investments and providing better than market returns through its experience, relationships and business practices.