PARK CITY, UTAH-Newmark Grubb ACRES has completed the portfolio sale of six high-image retail buildings located on Park City's Historic Main Street.
Acquired by a Hawaiian investment group for an undisclosed sum, the portfolio comprises approximately 44,000 square feet of retail, restaurant and office space at the street level of Marriott's Summit Watch, a Marriott Vacation Club resort. The properties are home to 16 various tenants, including Vinto Pizzeria, Prudential, Prime Steakhouse, Park City Sports, The Mustang, Collie's Sports Bar & Grill, and Coda Gallery.
Bryce Blanchard and Mark Jensen of Newmark Grubb ACRES represented Lower Main Street Venture, the seller. The buyer was 900 Lower Main Street Associates.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
