Utah
$86M Marriott Modular Development Proceeds in SoCal
Midway, UT-based Mogul Capital’s 354-room Marriott TownePlace Suites in Hawthorne, CA is moving rapidly towards a completion date later this… Read more
Salt Lake City-Area Retail Center Trades for $142M
A majority of The Shops at Fort Union in Midvale, UT, a submarket near Salt Lake City, has sold for… Read more
Avamere Announces Micro CCRC, Sans Skilled Nursing
Wilsonville, OR-headquartered Avamere Family of Cos. announced its intention to build, and open a continuing care retirement complex (CCRC) in… Read more
IRR: Multifamily Transactions Down, Market Rents to Increase in ‘18
When it comes to multifamily across the United States, the majority of markets seem to be in the expansion phase.… Read more
Tracking a Dozen Hospital Developments Bigger Than $300M
Healthcare-related development is booming. According to Dodge Research & Analytics, construction on healthcare facilities climbed 29% in December 2017 over… Read more
Top Cities With Positive Growth Opportunities
According to recent information from Goldman Sachs, the prediction is that global growth will reach 4% in 2018. With unemployment… Read more
Kennedy Wilson Snags Salt Lake City MF’s for $93M
Beverly Hills, CA-based Kennedy Wilson acquired a pair of multifamily properties in Salt Lake City for a combined off-market deal… Read more
$1B Electric Semi-Truck Plant, 2,000 Jobs Coming to Arizona
Nikola Motor Co. plans to build a $1-billion manufacturing plant and relocate its R&D, as well as company headquarters to… Read more
Kiln Fires Up New SLC Coworking Site
Kiln, Utah’s newest coworking company, is taking space this summer at Vestar’s The Gateway in Salt Lake City. The location… Read more
$60M Financing for Park City, UT’s St. Regis Deer Valley
Beverly Hills, CA-based Sonnenblick-Eichner Company arranged $60 million of financing for The St. Regis Deer Valley, a year-round destination resort… Read more
CBRE Report: U.S. Office Vacancy Ticks Up
Vacant office space in the U.S. increased slightly by 10 basis points (bps) during Q4 2017 to 13%, according to… Read more
NKF Handles Off-Market Sale of SLC Industrial Facility
NKF Capital Markets completed the $37.2-million sale of a two-building, 426,866-square-foot industrial property in Salt Lake City. Located at 3845-3907… Read more
Howard Hughes Unloads Non-Core Assets, Collects $89M
Howard Hughes Corp., headquartered in Dallas, sold off what it called “several non-core assets” in Alabama, California, Florida and Utah,… Read more
Tyler Ellinger Joins SIG’s Local Office
Sands Investment Group (SIG) has hired net lease advisor Tyler Ellinger to its Austin office from Marcus & Millichap Inc.’s… Read more
Medical Innovator Taking 100K SF at Vestar SLC MXU
Recursion Pharmaceuticals plans to move its headquarters to The Gateway, Vestar’s 620,000-square-foot mixed-use shopping, dining and entertainment destination in Salt… Read more
Happiest Cities in America and Countries in the World
How do you measure happiness? The definition is hard to pinpoint, but based on research by the Gallup-Sharecare Well-Being Index,… Read more
Cushman & Wakefield Promotes 5 Key Leaders
Cushman & Wakefield announced five promotions and appointments to key Americas management positions to elevate top talent and more closely… Read more
Co-work for Professionals: Firmspace Launches Flagship Locale
Firmspace, which offers co-working space for established professionals, has opened its first, and flagship location in Austin. The company, which… Read more
Utah Investor Enters Florida Market with 312-Unit Buy
Millburn & Co. made its first move into Florida, acquiring Alta at Eastmar Commons, a 312-unit, high-end apartment complex in… Read more