SALT LAKE CITY – January 12, 2022 – The Salt Lake office of CBRE is pleased to announce the sale of River Park Commons, a newly completed, 40-unit townhome community in Murray, Utah. Eli Mills and Patrick Bodnar represented the seller, Brighton Homes, in the transaction. Ideal Capital Group purchased the property; this was the company’s [...]
SALT LAKE CITY – January 10, 2022 – The Salt Lake office of CBRE has announced the sale of a two-property portfolio, The Legacy Cottages of Layton and The Legacy Cottages of South Jordan. Eli Mills and Patrick Bodnar represented the sellers, Legacy Cottages of Layton, LLC and Legacy Cottages of South Jordan, LLC. The properties [...]
SALT LAKE CITY – Dec. 15, 2021 – CBRE has announced that Timberlane Partners has sold Park Capitol Apartments, a 135-unit development located near Capitol Hill in Salt Lake City, Utah. Eli Mills and Patrick Bodnar of CBRE represented the seller in the transaction. Located at 215 N. Main Street, Park Capitol houses one- and two-bedroom [...]
The Salt Lake Chamber · Speaking on Business: CBRE This is Derek Miller Speaking on Business. The National Association of Realtors recently named Salt Lake City as a top 10 market for commercial real estate. That makes sense – Utah’s unemployment rate is now at 2.7%, and workers need places to work. Here to [...]
The Salt Lake office of CBRE has announced the sale of Downtown 360, a 151-unit apartment development on the perimeter of Salt Lake City’s Central Business District. Eli Mills and Patrick Bodnar represented the seller—Nitya Capital—in the transaction. Rocco Mandala of CBRE Debt & Structured Finance arranged the financing for the buyer, Redhill Realty Investors. [...]
Business leaders pay tribute to those who commit their abilities and time to advance the Chamber’s mission and bolster the business community during the pandemic SALT LAKE CITY, UTAH (August 3, 2021) – Utah’s business and community leaders will gather for the Salt Lake Chamber’s 134th Annual Meeting. Attendees will recognize Chamber volunteers and community leaders [...]
SALT LAKE CITY—July 27, 2021— The Salt Lake office of CBRE has announced the sale of Vista Station, a Class A office portfolio located in Draper, Utah. Eli Mills of CBRE and Kip Paul of Cushman & Wakefield represented the seller—a joint venture by The Boyer Company and Gardner Company—in the transaction. The buyer, Sterling Realty Organization (SRO), [...]
Salt Lake City Ranks Well Among North American Tech Hubs For Its Tech Job Growth, Millennial Population Growth and Concentration Salt Lake City—July 22, 2021—Salt Lake City ranks #18 overall on CBRE’s 2021 Scoring Tech Talent report as North American tech-talent employment weathered the pandemic better than most other professions. Numerous indicators underscore the resilience of tech [...]
Survey Finds Only 9% Now Plan to Significantly Shrink Their Office Portfolio, Down From 39% Last Year 85% of Companies Expect Workers to Spend at Least Half Their Time in the Office Salt Lake City – June 11, 2021 – CBRE’s new survey of U.S. companies found that most have cooled in recent months on making [...]
Vaccinations and economic stimulus speed up recovery for U.S. Hotels Salt Lake City – May 4, 2021 – The continued rollout of COVID-19 vaccinations and additional stimulus funds have strengthened the foundation for the recovery of the U.S. lodging industry. According to the February 2021 edition of Hotel Horizons®, CBRE Hotels Research is forecasting an [...]
