State: Utah - UT

Orange County Business Journal Ensign Group of Mission Viejo, Calif., has purchased Christus St. Joseph Villa and Christus Marian Center in Salt Lake City from Christus Health. Christus St. Joseph Villa consists of 221 nursing home beds, 48 assisted-living units ...

Kern Schumacher, Utah's largest industrial property owner/developer, has begun construction on the first phase of more than 2 million square feet of industrial space in that state. Freeport West Industrial Properties is the managing entity. Construction is under way on ...

Pacific Business NewsA&B Properties has bought the 141,600-square-foot Little Cottonwood Center in Sandy, Utah, for $20.5 million. The real estate subsidiary of Alexander & Baldwin will assume a $6.4 million mortgage with a 5.5 percent interest rate.Copyright © 2010 Commercial ...

Commercial Real Estate Direct Staff ReportInland Diversified Real Estate Trust has agreed to buy a 166,845-square-foot shopping center in suburban Salt Lake City for $24 million.Boyer Cos. of Salt Lake City is selling Draper Crossing, at 212 East 12300 South ...

American Realty Capital has purchased a 574,106-square-foot distribution facility near Salt Lake City from USAA Real Estate Co.The property was purchased for an undisclosed price, but American Realty, a New York REIT headed by Nicholas Schorsch, financed it with $15 ...

Provo Daily HeraldA 187,000-square-foot retail center in Provo, Utah, has been put on the sales block after lenders foreclosed on a loan against it. Commerce CRG is marketing the Shops at Riverwood at 4801 N. University Ave., a lifestyle center ...

Daily HeraldThe Utah School and Institutional Trust Lands Administration has called off a property auction slated for May because of the depressed sales market. The agency, which usually sells 5,000 acres annually in auctions held in May and October, was ...

Desert NewsThe office vacancy rate in metropolitan Salt Lake City jumped to 13.7 percent in the fourth quarter of 2008, from 12 percent during the same period last year. The rising vacancy rates are expected to cripple the region throughout ...