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03/22/2017
Starwood Ups Initial Bid for Milestone Apartments REIT Buyout
An affiliate of Starwood Capital Group agreed to sweeten its offer to take Milestone Apartments Real Estate Investment Trust private through a cash-for-stock transaction. Under the revised bid announced in a joint release by the two companies, Milestone...

03/17/2017
CoStar's People of Note (Mar. 17) - Colliers Florida Announces New Statewide Leadership, Principals Named at Lee & Associates, Next Realty
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Tampa / St. Petersburg, San Diego, Washington DC, Raleigh / Durham...

03/17/2017
VASA Fitness Center Trades in Riverton Shopping Center
Kubex Fitness purchased the Vasa Fitness Center at 1777 West 12600 South in Riverton, UT from Amsource Commercial Properties. Located within the Riverton Shopping Center, the 44,556-square-foot building delivered in 1997 and last underwent renovations...

03/16/2017
Brentwood Capital Buys Former Ancestry.com HQ Bldg. in Provo
Brentwood Capital, Inc. has purchased the former Ancestry.com headquarters building at 360-466 W. 4800 North in Provo, UT from Towbes Group. The three-story, 118,937-square-foot property previously housed the corporate offices of Ancestry.com before...

03/15/2017
CenterCal Breaks Ground on 85-Acre Mixed-Use Development in Riverton
CenterCal Properties has begun construction on a new mixed-use development located in the south Salt Lake City suburb of Riverton, UT. Named Mountain View Village, the new development will be rolled out in three phases with the first phase to include...

03/15/2017
Murray Multifamily Community Trades Hands
San Francisco-based The Reliant Group has acquired the Boulder Pines community at 4040 S. 1535 West in Murray, UT from Horizon Co. Terms of the deal were not disclosed. The 160-unit Boulder Pines complex consists of two- and three-bedroom floor plans...

03/13/2017
Gordmans Joins Growing List of Dept. Stores Shutting Down
Add Gordmans Stores Inc. (NASDAQ: GMAN) to the growing list of department store chains throwing in the towel. The Omaha, NE-based chain filed for bankruptcy and plans to enter into an agreement with Tiger Capital Group and Great American Group to handle...

03/10/2017
CoStar's People of Note (Mar. 10)
It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: New York City, Santa Fe, Boston, Chicago, Orange County, Phoenix/Tucson...

03/09/2017
Timberlane Partners Buys Eastside Apts. in Salt Lake City
Timberlane Partners, an investment group based in Seattle, has purchased The Eastside Apts. at 350 S. 600 East in Salt Lake City, UT from Peg Development. Provo-based Peg completed construction in mid-2013 on the 180-unit mid-rise complex, which sports...

03/07/2017
CBRE Appoints SLC Sales Director and Principal Broker
CBRE has named Lloyd Allen sales director and principal broker in the firm's Salt Lake City office. As sales director, Allen will collaborate with leaders across local, regional and national teams in order to retain, identify and assign qualified sales...

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