Sugarhouse Retail Development

2435 S. Highland DR.

Lee Group acquired and redeveloped this retail property as part of a strategic holdings initiative in Sugar House, capitalizing on the area’s continued multifamily and retail growth. Through the assemblage of a mid-block parcel and neighboring property, the firm expanded the site to approximately 0.25 acres, then implemented a targeted renovation program to reposition the asset and bring lease performance in line with current Sugar House market rents. Now occupied by Iris Piercing Studio and Glass Hall Jewelry, the property benefits from a prominent location between Sugar House and Millcreek, with strong visibility, active foot traffic, and direct access to one of Salt Lake’s most dynamic restaurant, retail, and nightlife districts.