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Brookfield lines up $300 million refinancing loan for trophy Utah mall

Strong sales mitigate lease rollover risk, Moody’s analysis says
At 1.17 million square feet, Fashion Place is the third-largest shopping center in the Salt Lake City area. (CoStar)
At 1.17 million square feet, Fashion Place is the third-largest shopping center in the Salt Lake City area. (CoStar)
CoStar News
August 22, 2025 | 5:01 P.M.

Brookfield Property REIT has lined up a $300 million refinance loan for Fashion Place, the company's trophy mall outside Salt Lake City, betting that strong tenant sales and suburban demographics will sustain premium rents through 2030.

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