Industry News

Legacy Acquires Kellogg Building in Denver, CO

For Immediate Release:  Legacy acquires 8-story office asset, The Kellogg Building in Littleton, CO Legacy acquires multi-tenant office property in Littleton, CO. Draper, UT – November 29, 2017 – Legacy Real Estate Investments, Inc. closed on November 29th on its latest acquisition, the Kellogg Building, includes 112,686 square feet of office space on eight floors in Littleton, Colorado, part of the Denver MSA.  The property includes just under 5 acres in the southwest Denver office submarket and is currently approximately 85% occupied with a dynamic mix of medical and general office tenants.  This property is just north of Highlands Ranch with tremendous access off highway C-470 & Broadway “I am excited to acquire the Kellogg Building, this class A office asset is well positioned in a booming Denver economy to add to it’s existing strong base of financial & medical tenants” commented David Werts, Principal and Founder of Legacy.  The Kellogg Building was marketed for sale by Patrick Devereaux of Jones Lang LaSalle for the Seller AEW Company.  Financing was arranged by Jones Lang LaSalle and provided by RGA Insurance Company.      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.Read more.

Legacy Sells 4 Parcels of Legacy Plaza at 54th

For Immediate Release:  Legacy Real Estate Investments sells 4 parcels of Legacy Plaza at 54th in Taylorsville, Utah Legacy sells portion of 16 acre shopping center in the heart of Taylorsville, UT. Draper, UT – July 7, 2017 – Legacy Real Estate Investments, Inc. over the last 6 months has closed on the sale of four retail pads that make up part if its Legacy Plaza at 54th retail shopping center in Taylorsville, Utah.  The properties sold included six retail buildings and some great tenants including Texas Roadhouse, Arby’s, Five Guys, Mattress Firm, Cubby’s and GNC.  This property is located at the busiest intersection in Utah with over 100,000 cars per day of traffic as they come to work and visit the many businesses and retailers in the area.Read more.

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.… Read more.

Legacy Acquires Retail Property in Richfield, Utah

For Immediate Release:  Legacy Real Estate Investments buys Richfield Center in Richfield, Utah Legacy buys 20,204 square foot retail asset in Richfield, UT, shadow anchored by Walmart Draper, UT – April 5, 2017 – Legacy Real Estate Investments, Inc. on April 5th, 2017 closed on the purchase of a retail building consisting of 20,204 square feet in Richfield, Utah.  This property is well located at 1500 S Main Street in Richfield, directly in front of Walmart.  “I am excited to acquire this property and help bring some new retailers and restaurants to this great community”, commented David Werts, Principal and Founder of Legacy.  This Richfield Retail Center was not marketed for sale but sold in an off-market transaction with the help of local brokers.… Read more.

Legacy Sells Stabilized Retail Asset Purchased at Auction in 2011

For Immediate Release:  Legacy Real Estate Investments sells Crosstowne Square retail pad building in Taylorsville, Utah Legacy sells retail pad asset in Taylorsville, UT, shadow anchored by Walmart Draper, UT – December 1, 2016 – Legacy Real Estate Investments, Inc. on December 1st, 2016 closed on the sale of Crosstowne Square, a retail building consisting of 9,680 square feet in Taylorsville, Utah.  This property is on the hard corner of  54th South and Redwood Road the busiest intersection in Utah and shadow anchored by Walmart.  The property was acquired by Legacy in September 2011 at Auction from CW Capital who had previously foreclosed on the property.  “What a great way to end the year, with the successful completion of another commercial real estate investment that provided a profit for our valued investors,” commented David Werts, Principal and Founder of Legacy.  Crosstowne Square was not marketed for sale but sold in an off-market transaction with the help of local brokers.… Read more.