Salt Lake City
Stan Johnson Co. Brokers Sale of 106K-SF Industrial Facility in Jacksonville
Commercial real estate investment sales brokerage Stan Johnson Co. has arranged the sale of a 106,000-square-foot industrial facility in Jacksonville.… Read more
Office Leasing Validates Strength of Salt Lake City Market
KBS recently signed 102,928 square feet of leases at its Millrock Park asset in Holladay, UT. These transactions included five… Read more
Six-Property Portfolio Gets Leverage Rebalance, Debt Retirement of $274M
A large finance assemblage of $274.4 million was secured for a six-property portfolio of core-quality retail properties totaling more than… Read more
Heritage at Deer Valley is Phoenix’s Highest-Priced Multifamily to Date
The sale of the 832-unit multifamily community Heritage at Deer Valley for $178.5 million was the highest sale price for… Read more
Newmark Closes $100M Manufactured Home Deal
Newmark arranged the sale of the Midwest MHC Portfolio, a 21-property, 2,789-site manufactured home community portfolio located throughout Illinois, Indiana,… Read more
Westcore Wraps Up 2020 with 4M-SF National Logistics Portfolio Purchase
San Diego-based Westcore, acquired a 4.08-million-square-foot industrial real estate portfolio over nine major markets across the nation. Westcore purchased the… Read more
Gerding Edlen Completes Succession Plan, Investment Management Arm Goes Green
Portland-based Gerding Edlen Development (GED) phased out the Gerding Edlen name and formed Edlen & Company. Mark Edlen and former… Read more
Sares-Regis Sells Ahwatukee MF for $65M
Salt Lake City-based Millburn & Company acquired Allegro at Foothills Gateway, a 264-unit apartment complex in Phoenix from Newport Beach,… Read more
Watermark Divests Gilbert Apartments for $84M
Salt Lake City-based TM Equities acquired Watermark at Gateway Place, a 250-unit Class A multifamily community in Gilbert for $84.35… Read more
JLL Capital Markets Establishes Presence in Salt Lake City
JLL Capital Markets established a presence in Salt Lake City with the addition of Phil Brierley a Senior Director. He… Read more
Millburn Acquires PHX’s Parc South Mountain for $60M
Salt Lake City, UT-based Millburn & Company acquired Parc South Mountain, a 258-unit multifamily property in Phoenix from Phoenix-based Evergreen… Read more
Kevin Rude Elevated to Colliers’ Southwest Leadership Role
Colliers U.S. plans to continue the growth of its Real Estate Management Services (REMS) business with the promotion of industry… Read more
Co-Living’s Success is Market-Agnostic
Leading indicators point to continued demand from co-living’s young, target demographic despite the ongoing public health and economic crisis, Cushman… Read more
Smaller Cities Draw Bigger Crowds of Investors
The nation’s major cities appear to be losing their luster as attractive investment opportunities, according to DLA Piper’s latest State… Read more
Western Wealth Cuts $117.5M Deal with Bridge for Tempe MF
Canadian investor Western Wealth Capital acquired Onnix Apartments, a 659-unit multifamily property in Tempe for $117,500,000. The seller was Salt… Read more
Mortenson Secures Financing for SLC Office Renovation
JLL Capital Markets arranged financing for The 324, a 214,500-square-foot office building located at 324 S. State St. in Salt… Read more
Land Advisors Organization Brokers 70-Acre Utah Development Site Deal
Woodside Homes acquired a 70.4-acre residential development site in the Shoreline community in Syracuse City, UT from CW Land. The… Read more
$40M MXU Development Launches in Downtown Salt Lake City
MVE + Partners has broken ground on 6th & Main, a landmark 283,936-square-foot mixed-use development in the heart of downtown… Read more
2020 Next Generation Honoree: Cushman & Wakefield’s Jorgi Paul Finds Success in Shift from Media to CRE
Jorgi Paul is a Senior Associate on Kip Paul’s prolific Investment Sales team at Cushman & Wakefield in Salt Lake… Read more