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Ziff Real Estate Partners Acquires Riverdale Shopping Center In Riverdale Utah For $20M

Property Image
SOLD
$20,000,000
Kip Paul
JT Redd
Brooke Frey

Utah

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Retail93,592 SF
Sold 12/19/2025
the dealplayerscompscontact
Property Image
SOLD

Ziff Real Estate Partners Acquires Riverdale Shopping Center In Riverdale Utah For $20M

4027 Riverdale Road

See Similar Deals
Retail93,592 SF
Sold 12/19/2025
Kip Paul
JT Redd
Brooke Frey
the dealplayerscompscontact
Contact now

Summary

UTAH
Asset Type:Retail
Price Per Square Foot:$213
Total Square Footage:93,592 SF
Transaction Type:Sale

4027 Riverdale Road, located in Riverdale, UT, is a retail asset that has been sold for $20,000,000. The property encompasses 93,592 square feet, amounting to a price per square foot of $214. The retail property is anchored by T.J. Maxx and Ulta Beauty.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $20,000,000
  • Sale Date: 12/19/2025
  • Buyer: Ziff Real Estate Partners
  • Buyer's Representative: Christian Chamblee & Brooke Frey - Ziff Real Estate Partners
  • Seller's Representative: JT Redd & Kip Paul - Cushman & Wakefield

Ziff Real Estate Partners (ZRP) has effectively executed the acquisition of Riverdale Shopping Center, with its internal team managing the transaction. Cushman & Wakefield played a crucial role in representing the sellers during this sale process.

Players

Kip Paul
Cushman & Wakefield
Kip Paul
2 deals$50M volume(801) 673-6175
BROKER
JT Redd
Cushman & Wakefield
JT Redd
1 deal$20M volume(914) 714-4399
BROKER
Brooke Frey
Ziff Real Estate Partners
Brooke Frey
1 deal$20M volume(843) 805-6779
BROKER

Details

SOLD
IMAGE: 12/19/2025 ADDRESS: 4027 Riverdale Road MARKET: Riverdale, UT ASSET TYPE: Retail BUYER: Ziff Real Estate Partners BUYER'S REP: Christian Chamblee & Brooke Frey - Ziff Real Estate Partners SELLER'S REP: JT Redd & Kip Paul - Cushman & Wakefield SALE PRICE: $20,000,000 SF: 93,592 ~ PPSF: $214 NOTE: Ziff Real Estate Partners (ZRP) has acquired Riverdale Shopping Center, a 93,592-square-foot retail property anchored by T.J. Maxx and Ulta Beauty. Cushman & Wakefield represented the seller, while ZRP's internal team handled the deal.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$71,055.77
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