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REBusiness Online Stos Partners has paid $35 million, or $125.34/sf, for the 279,233-square-foot industrial property at 2900, 2950 and 3100 South 900 West in Salt Lake City. The seller was not yet known. Newmark brokered the deal and serves as ...
The sales price could not be learned immediately. But the property was appraised last year at a value of $45.82 million, according to Salt Lake County records.
Commercial Real Estate Direct Staff Report The Wasatch Group has sold the 240-unit Crossroads Apartments in West Valley City, Utah. The sales price could not be learned immediately. But the property was appraised last year at a value of $45.82 ...
Commercial Real Estate Direct Staff Report Goldman Sachs Bank USA has provided $33 million of financing against Sheraton Park City, a 200-room hotel in Park City, Utah. Berkadia arranged the loan, which has a five-year term and pays a fixed ...
Commercial Property Executive A venture of ViaWest Group and Clarion Partners has broken ground on Central Commerce Center, a 340,000-square-foot industrial property in Salt Lake City. ViaWest, of Phoenix, and Clarion, of New York, are building the property at 4105 ...
Commercial Real Estate Direct Staff Report PEG Cos. has paid $19.2 million, or $133,333/room, for the 144-room Residence Inn hotel in Salt Lake City. The Provo, Utah, investment firm purchased the property from Ashford Hospitality Trust of Dallas. The hotel, ...
NYL Investors has provided $25.4 million of financing against the 149-room Courtyard by Marriott hotel in Cotton Heights, Utah. NYL Investors is a unit of New York Life Insurance Co. Its loan has a four-year term and pays a floating ...
Northmarq has provided $78.37 million of Fannie Mae financing against Midtown 360, a 494-unit apartment property in Orem, Utah. The financing pays a fixed coupon and allows the property's owner, De Anza Properties of Los Altos, Calif., to retire previous ...
PGIM Real Estate has provided $18.5 million of financing for the construction of a 252-unit apartment property in Layton, Utah. Rockworth Cos. of Holladay, Utah, is building the property adjacent to Layton Hospital, just off Interstate 15, about 24 miles ...
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