Utah
Buyers Circle Adaptable Properties as Industrial Demand Increases
Avatar Financial Group recently provided $15.6 million in combined acquisition and property improvement financing for three assets in Texas and… Read more
Avery is Decron’s Fourth Phoenix MSA Acquisition in Six Months
Multifamily investment firm Decron Properties added to its rapidly expanding footprint in the Phoenix MSA with the purchase of Avery… Read more
NorthMarq Brokers $27M Sale of Multifamily Community in Richmond, VA
NorthMarq has arranged the $27.3 million sale of The Gallery Midtown, a 157-unit, three-story Class B+ multifamily property in Richmond.… Read more
Tech Sector Leads Rebound in U.S. Office Demand
The tech industry led a rebound in U.S. office-leasing activity in 2021, fueled by increased hiring and demand for tech… Read more
Newly Constructed Industrial Has NWQ Appeal
A newly constructed 628,611-square-foot class-A industrial project in West Valley City, UT recently sold to Chicago-based Walton Street Capital for… Read more
Granary District Receives $35M in Construction Financing
The first phase of a hotel-to-multifamily conversion project in downtown Salt Lake City’s hub, The Granary District, received $35.2 million… Read more
Ivanhoé Cambridge Invests $150M With Mount Auburn Multifamily
Ivanhoé Cambridge is expanding its relationship with Mount Auburn Multifamily by investing $150 million of preferred equity directly into the… Read more
Bridge Investment Acquires its First Manufactured Housing Assets
Fixed-rate Freddie Mac financing to the tune of $44 million was recently secured for Salt Lake City-based Bridge Investment Group… Read more
HydroJug Chugs More Space in Fourth Expansion
A 119,786-square-foot lease was recently inked by HydroJug in an expansion at Business Depot Ogden in Ogden, UT. The firm… Read more
Jet.com Founder Marc Lore Wants to Build Sustainable City of 5 Million
Billionaire jet.com founder Marc Lore has unveiled plans for Telosa, a sustainable metropolis that would be built from scratch. Designed by world-renowned Danish… Read more
Novva Data Centers Acquires Tier 3+ Center, its First Foray in Colorado
According to JLL research, the global green data center market is expected to grow by nearly $45 billion from 2020… Read more
Village on Main is One of Few Multifamily Opportunities on Waterfront
San Diego-based Properties Group recently acquired Village on Main Apartments for $85.5 million. The 200-unit community is one of the… Read more
Lake Pointe Sale Displays Notable Increase in Private Capital
Lake Pointe Corporate Centre, a two-building class-A suburban office campus in West Valley City, UT, was developed in the late… Read more
Life Science Sector Expands Far Beyond the Established Clusters
When it comes to life sciences real estate, the biggest keep getting bigger. That’s to say that the leading developers… Read more
Jack in the Box Awards 16 Franchise Agreements YTD
Jack in the Box Inc. recently awarded 16 franchise development agreements year-to-date through the end of third quarter of fiscal… Read more
Pacific Summit Logistics Site is Adjacent to SLC Airport
Pacific Industrial recently broke ground on the Pacific Summit Logistics Center, an 824,000-square-foot cross-dock industrial building in Salt Lake City.… Read more
Asana Will Take a Thoughtful Approach to Foothill’s Tenant Mix
Foothill Village, a 270,000-square-foot neighborhood retail center in Salt Lake City, recently sold to Charlotte-based Asana Partners for $51 million.… Read more
GO Industrial Goes for Salt Lake City in a Big Way
Salt Lake City’s California Avenue submarket absorbed almost 1.3 million square feet of industrial space during first quarter 2021, the… Read more
Mogharebi Group Plants Flag in Seattle, its Second Expansion Office
The Mogharebi Group has established its first office in Seattle under the direction of veteran brokers Robert Parmar and Ryan… Read more