Salt Lake City—October 14, 2019—The Salt Lake City office of CBRE today announced that it has been selected to list 169,000 square feet of office space in Murray, Utah. The building is being offered for sale or lease by office specialists Scott Wilmarth, Tab Cornelison and Peter Black on behalf of the client, Schoolhouse Galleria.
Located at 4998 Galleria Drive, the building has been utilized for various purposes throughout its existence. Primarily known as the home of the former 49th Street Galleria and Fun Dome, the structure was most recently home to the AISU charter school. The property sits on just under 26 acres and is adjacent to Interstate 15, offering excellent visibility and accessibility to its occupants.
“Galleria Drive underwent a $7 million renovation less than five years ago that focused on both the interior and exterior of the building. In addition, the property offers a tremendous value-add opportunity for an investor to develop the currently underutilized parcels of land, adding further use to the site,” commented Scott Wilmarth, executive vice president. “The building features abundant parking, coupled with an excellent location, making it a top choice for higher-density office users.”
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.