Salt Lake City – February 19, 2019  The Staybridge Suites Lehi at Traverse Ridge Center opened its doors for service on Tuesday, February 12th. Located at the intersection of Triumph Boulevard and SR 92, the new hotel is part of the Traverse Ridge Center business park, a 22-acre development consisting of three Class A office buildings and one hotel. Once completed, the third office building in this complex—Traverse Ridge Center III—will be the tallest building in Lehi, consisting of nine stories and 220,000 square feet of Class A office space. Traverse Ridge Center III boasts unobstructed views, exceptional exposure and optimal accessibility. It is slated to open this summer.

The Staybridge Suites Lehi is owned by Perry Commercial and managed by Western States Lodging. This modern hotel is in the heart of Silicon Slopes and offers 1,200 square feet of on-site meeting space, complimentary hot breakfast an evening social for all guests, and a year-round heated pool and 24-hour fitness center. Composed of a variety of studio, one-bedroom and two-bedroom suites, the spacious rooms feature upscale amenities like full kitchens, floor-to-ceiling windows and 49-inch HDTVs with 100 entertainment channels. The hotel site also provides direct access to a plethora of amenities, including Cabela’s, American Fork Canyon, The Outlets at Traverse Mountain, Thanksgiving Point, direct connectivity to a vast trail system and many more.

“We are very excited about the addition of Staybridge Suites Hotel to our Traverse Ridge Center campus. It is a great amenity for our tenants and will provide the finest extended-stay experience in the area,” commented Matthew Swain, director of commercial development for Perry Commercial.

Staybridge Suites, an IHG hotel, is an upscale all-suite hotel brand meeting the needs of the extended-stay guest. Each suite is designed for maximum flexibility and adaptability to meet guests’ individual needs. The hotel will be celebrating their Grand Opening and Ribbon Cutting on Thursday, March 7th at 4pm.

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.