Government Agency Relocating D.C. Offices, Taking Less Space
April 25, 2024
400,000-SF Industrial Project Planned for Silver Spring, Md.
April 25, 2024
City: Draper
Tech Company Leases 135,000 SF of Office Space in Draper, Utah
UtahBusiness.com Clearlink has agreed to lease 135,000 square feet of office space at the 348,251-sf office campus at 42 Future Way in Draper, Utah. The digital marketing and technology company was represented in the lease by Colliers. The property was ...
136 Center
The 136 Center property, constructed in 2018 and 2020, is 95 percent occupied.
Arden Group Venture Pays $106.29Mln for Utah Offices, Gets $74.5Mln Loan
Commercial Real Estate Direct Staff Report Arden Group has paid $106.29 million, or $333/sf, for 136 Center, a two-building office property with 318,832 square feet in Draper, Utah. The Philadelphia investment manager bought the property through its Arden Real Estate ...
423-Unit Apartment Property Breaks Ground Near Salt Lake City
Multi-Housing News A venture of Canyon Partners and CJM Development Group has broken ground on a 423-unit apartment property at 12300 Pony Express Road in Draper, Utah, about 20 miles south of Salt Lake City. Canyon, of Los Angeles, provided ...
Draper Peaks
87.5 percent leased. It said its purchase price results in a capitalization rate of 8.21 percent, based on existing net operating income. Inland has assumed a $23.9 million mortgage on the property that was provided by Transamerica Financial Life Insuranc
Draper Crossing/212 East 12300 South
Inland would assume the property's $14.8 million of debt as part of the deal. The financing, which is securitized through JPMorgan Chase Commercial Mortgage Securities Corp., 2001-CIBC3, carries a 7.33 percent coupon and matures in December 2011.
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
