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Salt Lake City
Commercial Real Estate News
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Tech Companies Account for One-Fifth of US Office Leasing Activity
LifeLock, a personal information security company, is one of several tech companies that has opened an office in the Phoenix area. The company leases about 95,000 square feet in the Hayden Ferry Lakeside mixed-use park in Tempe, Arizona. While all...

Pacific Castle Sells Grocery-Anchored Shopping Center Near Salt Lake City
The 47,866-square-foot Canyon Center in Sandy, Utah.Credit: Legend Partners Pacific Castle, an investment firm that focuses on the acquisition of value-add properties, sold a 47,866-square-foot shopping center in Sandy, Utah, to a local private investor...

Apartment Development in Ogden and Salt Lake City Heading in Different Directions
The 128-unit Porter Ranch apartment complex under construction in Eagle Mountain, Utah. Ogden, located about 40 miles north of Salt Lake City, is the second-largest metropolitan area in Utah. Like its neighbor to the south, Ogden has experienced strong...

Knight, Stevens Join Colliers International in Salt Lake City
Gwen Knight and Bobby Stevens joined Colliers International in Salt Lake City. Knight has been tapped to serve as an associate broker, working in partnership with Jane Ebberts. “Having advised billions of dollars in commercial real estate product...

Wallace Elevated to President of CBRE's Mountain-Northwest Division
Joe Wallace has been promoted to president of CBRE’s Mountain-Northwest Division in San Francisco, where he will have executive oversight for the Bay Area, Sacramento and Reno, Seattle, Portland, Denver, Salt Lake City, Las Vegas and Albuquerque. The...

Hohmann & Barnard Sign Industrial Lease in Salt Lake City
The 103,896-square-foot warehouse in Salt Lake City. Hohmann & Barnard, a global manufacturer and designer of stone, waterproofing and masonry structures, signed a 55,762-square-foot lease at Colony NorthStar’s Class B warehouse in Salt Lake City. The...

Beverly Hills-Based Investment Firm Pays $51.4M for Multifamily Complex Near Salt Lake City
The 277-unit Rosegate Draper multifamily complex in Draper, Utah. Beverly Hills, California-based Kennedy-Wilson Properties, an income-focused investment firm, purchased a 277-unit multifamily complex in Draper, Utah, from Millwood Cos. Rosegate Draper...

Maxx Properties Expands Salt Lake City Footprint with Acquisition of Cobble Creek
The 361-unit Cobble Creek apartment complex in Salt Lake City. Harrison, New York-based Maxx Properties, a privately held investment firm, purchased a 361-unit apartment complex in Salt Lake City from NALS Apartment Homes. Cobble Creek sold for an...

Status Hospitality Pays $18.9M for Hotel Portfolio Near Salt Lake City
The 85-room Hampton Inn at 1511 S. 40 E. in Provo, Utah. Status Hospitality, a local full-service investment and management firm, purchased two hotels totaling 173 rooms in Utah from Summit Hotel Properties for $18.95 million, or about $110,000 per...

Logistics-Oriented Projects Leading the Way in Salt Lake City Industrial Development
Rendering of the 383,892-square-foot RWK Legacy Logistics II under construction in the West Outlying Salt Lake submarket in Salt Lake City.Credit: AE Urbia Architects and Engineers Strong population growth in the Salt Lake City region and the increasing...

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