SALT LAKE CITY—January 11, 2021—The Salt Lake City office of CBRE has announced the sale of Milagro Apartments, a 183-unit luxury apartment community located in the heart of downtown Salt Lake. Patrick Bodnar and Eli Mills represented the sellers—a joint-venture partnership of Colmena Group and PEG Companies—in the transaction. Graycliff Capital Partners purchased the asset. [...]
SALT LAKE CITY—January 4, 2021—The Salt Lake office of CBRE has announced the sale of Icon 9700, a 264-unit luxury apartment community located in the heart of the Salt Lake Valley. Patrick Bodnar and Eli Mills represented the seller, Magna Investment and Development, in the transaction. Starwood Capital Group was the buyer. Constructed in 2018, [...]
SALT LAKE CITY—December 18, 2020—The Salt Lake City office of CBRE has announced the sale of Parkway Center, an institutional quality office portfolio located in West Valley City, Utah. Eli Mills and Tim Richey of CBRE, along with their partners, represented the seller—a fund managed by Washington Capital—in the transaction. Parkway Center is comprised of [...]
Companies Likely Will Include Employee Feedback In Workplace Planning as Offices Reopen Salt Lake City – Sept. 21, 2020 – A CBRE survey of 10,000 office-using workers at companies across the globe found that, after several months of working from home due to the COVID-19 pandemic, many want to work remotely at least two or [...]
SALT LAKE CITY – Sept. 11, 2020 – CBRE announced that it has arranged $14.5 million in acquisition financing for South Parc Townhomes, an 88-unit multifamily property located at 2249 South 440 East in Salt Lake City, Utah. Ryan Jameson, Scott Williams, Jesse Weber andAndrew Behrens with CBRE’s Debt and Structured Finance group arranged the [...]
Salt Lake City—September 10, 2020—The Salt Lake City office of CBRE has released its semi-annual Greater Salt Lake Area Multifamily Market Report, offering detailed insight into the multifamily market along the Wasatch Front. Encompassing data from the first half of 2020, the report reflects a market that continues to experience high sales volume. Though Utah’s [...]
Lloyd Allen, J.D. serves as the Managing Director for the Salt Lake City office of CBRE. Within his role, Lloyd leads 120 professionals across various business lines including Advisory & Transaction Services, Capital Markets, Debt & Structured Finance, Project Management, Asset Services, Valuation & Advisory Services, Marketing, Research, and Corporate Services. He [...]
SALT LAKE CITY – August 26, 2020 – The Salt Lake City office of CBRE has announced the sale of 4100 Bangerter, a medical office building located in West Valley City. Marty Plunkett, Vickey Walker, Craig Thomas and Melissa McIntyre of CBRE represented the seller in the transaction. 4100 Bangerter is located at the [...]
According to Richard Barkham, CBRE Global Chief Economist and Head of Americas Research: “The global economic recovery is well underway, with Asia Pacific region setting the pace, Europe following and the U.S. recovery more or less on track, despite the recent resurgence of COVID-19 cases. CBRE expects strong economic growth in 2021, fueled by pent-up demand, [...]
Salt Lake City – August 11, 2020 – CBRE Capital Markets’ Debt & Structured Finance team has secured $26.8 million in financing for two office properties in Los Angeles County, totaling 70,740 square feet: 11925 Wilshire in Los Angeles and 2200 PCH in Hermosa Beach. The refinancing of the properties was arranged by the team [...]
