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 ...
The 136 Center property, constructed in 2018 and 2020, is 95 percent occupied.
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 ...
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 ...
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
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.
© 2021 Commercial Real Estate Direct All rights reserved.
© var theDate=new Date() document.write(theDate.getFullYear()) Commercial Real Estate Direct All rights reserved.