Utah
Novae Corp. Completes Nine-Property Sale-Leaseback
Newmark arranged the sale-leaseback of Novae Corp.’s nine-property, 754,795-square-foot, 238-acre industrial portfolio spanning across five U.S. states. Newmark advised Novae Corp. in… Read more
Investor Buys International Tower Building for $30M
A venture led by the local investor Gene Staples paid just under $30 million for the International Tower building near… Read more
Sterling Asset Management Names 30-Year Veteran as President
Kevin Grani, a 30-year property management executive, has been named president of Sterling Asset Management Company, a subsidiary of Community Housing Opportunities… Read more
Simpson Strong-Tie Opens New Kent Distribution Center
Simpson Strong-Tie, a provider of engineered structural connectors and building solutions, recently opened three new warehouse, distribution, and training centers… Read more
Deserted SLC Office Building to Make Way for Apartments
CBRE has arranged the sale of 515 Tower, a 171,193 square-foot office building that will be converted to multifamily housing… Read more
Lincoln Property Company Expands Leadership Team
Lincoln Property Company, a global and full-service real estate firm, expanded its regional leadership team in the Pacific Northwest and… Read more
N. Phoenix Datacenter Site Picked by Novva
The company is not 100% sure the site will be used for a datacenter, but the head of Novva Data… Read more
EY: Five Takeaways from a Recent Look at Office Trades
By Brett Johnson, Mark Grinis and Katie Miller Pre-pandemic, the office sector was a long-established, relatively stable, and generally promoted… Read more
The Changing Role – and Growth – of Convenience Stores
Once upon a time, convenience stores were gas stations with a small retail establishment attached. Consumers would visit these places… Read more
Salt Lake City Bucking Multifamily Headwinds
CBRE’s Patrick Bodnar sums up the multifamily market in Salt Lake City, “Modest rent growth and sound market fundamentals maintain… Read more
Two Phoenix-Area Properties Included in $124.5M Portfolio Refi
KeyBank Real Estate Capital secured $124.5 million in life company loans for the Wasatch Group to refinance four properties throughout… Read more
Texas Tops When it Comes to Business Climate
Texas ranks as the state with the best business climate for companies looking to relocate or expand, According to Business… Read more
Parker Medical Campus Sells, Owner Stays Put
An osteopathic medical school campus in Parker has sold for $48.35 million. However, the school, Rocky Vista University is staying put.… Read more
Banyan Secures $73M Loan to Build 399-Unit Denver Rental Property
Banyan Residential plans to build a 399-unit multifamily building at Picadilly Road and East 65th Avenue, just east of the… Read more
Extra Space, Life Storage to Combine in $12.7B Merger
Extra Space Storage Inc. and Life Storage, Inc. said Monday that the two companies had agreed to merge, with Extra Space acquiring Life… Read more
Report: Pacific Northwest Leads U.S. in Home Equity Loss
Idaho and Washington rank #1 and #2 in regions hit hardest by rising interest rates and slowing home sales, according… Read more
CBREIM Acquires San Diego Self Storage Duo
A fund sponsored by CBRE Investment Management (CBREIM) has acquired a pair of San Diego self storage properties as part… Read more
Cushman & Wakefield | Thalimer Brokers $22M Sale of Seven-Property Industrial Portfolio
Richmond, VA-based Cushman & Wakefield | Thalhimer has represented the seller in the $21.8-million disposition of an industrial portfolio consisting… Read more