uuid

dealPage_DealQuery

viewer

wrapper_Viewer

dealPage_dealHeaderViewer

dealPage_DealPassReasonViewer

dealPage_DealInquiryProviderViewer

dealPage_DealFooterForCustomDesignViewer

dealPage_DealBodyViewer

dealPage3_DealPage3Viewer

teaserDealPage_TeaserDealPage_Viewer

content

wrapper_Content

deal

type

dealName

dealHeadline

filesUrl

viewerIsEditor

dealEditUrl

files

dealPageType

landingPageContent

dealPage_dealOwnerHeader

dealPage_dealHeader

dealPage_dealBody

dealPage_dealMap

dealPage_dealPassReasonFooter

dealMeta_Deal

dealPage_DealHeaderForCustomDesign

dealPage_DealBodyForCustomDesign

dealPage_DealFooterForCustomDesign

dealPage_DealInquries

vdrTable_VdrTableDeal

dealPage3_DealPage3

teaserDealPage_TeaserDealPage

actor

canFavoriteDeals

demoUrl

dealPageUrl

dealTypes

highlightedEconomics

totalDealSizeMillions

addresses

economics

teaser

offeringMemo

user

galleryFiles

propertyTypes

riskProfiles

dealDescription

richDescription

shouldSpotlightDealUser

highlightedUsers

ownerCompanies

sponsorEquityMillions

financedPreferredEquityMillions

financedPreferredEquityFilled

financedPermanentLoanMillions

financedPermanentLoanFilled

financedMezzLoanMillions

financedMezzLoanFilled

financedLpjvEquityMillions

financedLpjvEquityFilled

financedLandLoanMillions

financedLandLoanFilled

financedConstructionLoanMillions

financedConstructionLoanFilled

financedCogpEquityMillions

financedCogpEquityFilled

financedBridgeLoanMillions

financedBridgeLoanFilled

sponsorEquityPercent

financedCogpEquityPercent

financedLpjvEquityPercent

financedPreferredEquityPercent

financedMezzLoanPercent

financedConstructionLoanPercent

financedBridgeLoanPercent

financedPermanentLoanPercent

financedLandLoanPercent

inquiries

company

viewerPassReasons

potentialPassReasons

pageDesign

visibility

thumbnailImage

publicImage

dashboardUrl

approvalWorkflow

<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F2df013fb-eed0-4173-b8ab-986ac5dd7e26%2F854b174c-418f-48a2-a80b-20854c76a0a4" onerror="this.style.display='none'" alt="Layton Hills Outparcel Portfolio Image" style="object-fit: cover; width: 200px;" />
 Retail 
 
 Layton Hills Outparcel Portfolio
 
 Layton, UT 
 By Newmark Group Inc.

 <a href="/user/a130eb06-d5eb-4597-953f-f1b9514818b0" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Matt Berres </a>
 
 Vice Chairman
 
 
 <a href="tel:949-608-2066" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">949-608-2066</a>
 

 <a href="https://platform.reverecre.com/project/2df013fb-eed0-4173-b8ab-986ac5dd7e26" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle.

Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum.

For the year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. As of March 31, 2024, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with 7,600 professionals around the world.

To learn more, visit nmrk.com or follow @newmark.

Director

Associate

Executive Managing Director

NINE (9) FREESTANDING SINGLE-TENANT NET LEASED PADS AT THE DOMINANT LAYTON HILLS MALL | STRONG ROSTER OF NATIONAL AND REGIONAL TENANTS | DIVERSE RENT ROLL

LONG-TERM OPERATING HISTORIES | MULTIPLE TENANTS HAVE BEEN AT THE PROPERTY SINCE WELL BEFORE 2000 | ATTRACTIVE FIXED RENTAL INCREASES | PASSIVE ABSOLUTE NNN FEE SIMPLE AND GROUND LEASE STRUCTURES | RENEWAL OPTIONS | 3.3 YEARS OF WALT PROVIDING AN OPPORTUNITY TO CREATE VALUE FOR A NEW LANDLORD

SALT LAKE CITY MSA LOCATION | TOP 10 MOST VISITED SHOPPING CENTER IN UTAH (PLACER.AI) | GROWING DEMOGRAPHICS | CLOSE PROXIMITY TO MAJOR EMPLOYERS, HOUSING AND ENTERTAINMENT COMPLEXES | NEAR HILL AFB (27,650 TOTAL PERSONNEL)

Broker of Record: Bryce Blanchard | Executive Managing Director | UT RE Lic. #5487558-SA00

Sales Team

Newmark, as an exclusive advisor, is pleased to present the opportunity to acquire a portfolio of nine (9) single-tenant, net leased Layton Hills Mall outparcel properties located in Layton, UT.

Matt Berres is an executive managing director with Newmark's Net Lease Capital Markets group, a select team of Capital Markets professionals who specialize in the sale, purchase and recapitalization of net leased retail, industrial and office properties throughout the United States. Newmark's Net Lease Practice group offers an array of core services, including net lease disposition and acquisition advisory, 1031 exchange transactions, sale-leasebacks, portfolio analysis, valuation analysis, market and demographic evaluation, build-to-suit and capital markets consultation.

Mr. Berres brings to Newmark more than 12 years of expertise in single-tenant deals. A top producer nationally, Mr. Berres has closed more than 300 sales transactions valued in excess of $2.5 billion for pension fund advisors, REITs, developers, private high net worth, 1031 exchange and foreign Investors. These transactions include the Walgreens corporate headquarters, Kroger Net Lease Grocer Portfolio, Federal Express warehouse buildings, more than 150 bank branch facilities, Top Golf locations, Veterans Affairs/GSA facilities and mission-critical office assets.

Prior to joining Newmark in 2019, Mr. Berres was a managing director with Jones Lang LaSalle's Net Lease Property Group, where he assisted clients in the acquisition and disposition of single tenant investments throughout the country. From 2015 to 2018, he was JLL's No. 1 ranked producer nationwide. Prior to his career in commercial real estate, Mr. Berres played professional golf on various professional golf mini-tours around the country, including the Gateway Tour, US Pro Golf Tour, Pepsi Tour, Dakotas Tour and Nationwide Tour.

Mr. Berres is president of Young Real Estate Professionals (YREP) and an active member of the Wisconsin Real Estate Alumni Association, International Council of Shopping Centers (ICSC), ICSC Next Generation, Urban Land Institute (ULI) and ULI Young Leaders. He earned a Bachelor of Arts degree in finance, investments and banking from the University of Wisconsin-Madison.

Mr. Berres is active in the Orange County community, serving in various non-profit organizations, and in his church. He also enjoys competing in amateur golf tournaments, beach volleyball, surfing, and spending time with his wife, Brittany, daughter, Olivia and son Luca.

Vice Chairman

Overview

Investment Highlights

Photo Gallery

Sales Team

Inquire