Wells Fargo Office Building  

Lee Group acquired 1255 East Brickyard Road as a long-term office holding within one of Salt Lake City’s most established commercial corridors. The 15,235-square-foot asset is situated on approximately 1.23 acres at the signalized corner of 1300 East and Brickyard Road, offering strong visibility, accessible parking, and connectivity to major transportation routes including 3300 South, Highland Drive, and I-80. Located in a stable commercial and multifamily submarket, the property provides durable office functionality today while also benefiting from RO (Residential Office) zoning that supports future flexibility and repositioning potential. For Lee Group, the acquisition reflects a disciplined holdings strategy focused on well-located urban infill assets with stable real estate fundamentals, embedded land value, and long-term optionality.