Utah
PREP Shakes Hands with Weingarten, Acquires 356K-SF Aurora City Place
PREP Property Group, headquartered in Park City, UT, acquired Aurora City Place, a 365,305-squre-foot regional shopping center in Aurora, CO.… Read more
50K SF in New Leases Signed by KBS at Salt Lake Hardware Building
KBS inked a total of 50,000 square feet of deals at its Salt Lake Hardware Building in downtown Salt Lake… Read more
Lincoln Property Sells Historic Luhrs Building for $14M
Lincoln Property Co. sold the historic, 108,000-square-foot Luhrs Building to PEG Companies, a Provo, UT-based buyer, and A.G. Hill Partners… Read more
Clarion Acquires Reno’s Lear Industrial Center for $117M
Clarion Partners LLC has acquired Lear Industrial Center in Reno, NV, for $117 million. The seller, Panattoni Development Company, originally… Read more
California Investor Claims Pair of Twin Falls Retail Centers for $51M
Costa Mesa, CA-based Wood Investments Companies, Inc. acquired a two-property retail investment totaling nearly 300,000 square feet and 31.7 acres… Read more
Construction Underway on 155K-SF Utah Valley Tower
Woodbury Corp. is working on Utah Valley Tower, a 155,000-square-foot, Class A office building in American Fork UT. Upon its… Read more
$55M C-PACE Financing Paves Way for Hyatt Regency Salt Lake City
CleanFund Commercial PACE Capital Inc. provided $54.7 million in Commercial Property Assessed Clean Energy (C-PACE) financing to build the 700-room… Read more
Report: Home Prices Increased 5% in November Amid Decline in Inventory
U.S. home sale prices increased 5.2% year-over-year in November to a median of $311,600, according to a new report from… Read more
Connect 3 Q&A: Gerald “Jerry” Katell – The Art of CRE
Photos from Jerry Katell By Chris Egger Bonafide commercial real estate legend? Renaissance man? Humanitarian? Philanthropist? Artist? If you have… Read more
MF Discussion and Predictions: Q&A with Colliers International’s Rawley Nielsen
The apartment sector continues to be a strong one, generating questions as to how long this can continue. Connect Media… Read more
Qualtrics Will Establish 25th Global Office in the Loop
Customer experience firm Qualtrics will open its 25th global office in downtown Chicago. Headquartered in Provo, UT and Seattle, the company will… Read more
Construction Begins on Salt Lake City’s Dixon Place MXU
Lowe Property Group began construction on Dixon Place, a mixed-use project in Salt Lake City’s Sugar House District. The project,… Read more
Women in Real Estate 2019: PECO’s Tanya Brady Brings Commitment to Excellence
A veteran of more than 20 years in commercial real estate and corporate transactions, Tanya Brady has served as Salt… Read more
Comparing U.S. Office Growth in CBDs, Urban and Suburban Markets
By Dennis Kaiser The U.S. office footprint has expanded over the past decade, revealing a host of intriguing trends. A… Read more
CBRE Report: Opportunity Zone Impact Mixed, Influenced by Cyclical Factors
The Opportunity Zone program has been in place for almost two years. As such, it’s still a new initiative, but… Read more
CenterCal Acquires Final Acreage for Massive MXU Mountain View Village
CenterCal Properties LLC closed on the final nine acres of land for the third phase of its Mountain View Village,… Read more
$24M Secured for Utah’s Arcadia Apartments II Development
Wasatch Residential Group obtained $23.5 million of construction and permanent financing to build Arcadia Apartments II in Sandy, UT. Sarah… Read more
Next Wave Solidifies Southwest Presence with Purchase of 380 MF Units
Next Wave Investors LLC, a Southern California private equity firm focused on value-add multifamily investments, further solidified its southwest presence… Read more
Bellwether Enterprise Hires Botros as Vice President in Greensboro
Bellwether Enterprise Real Estate Capital has hired Lucas Botros as vice president. Botros will be based in Greensboro and be… Read more