REBusinessOnline

CBRE CLOSES TWO ALL-CASH SALES IN UTAH COUNTY

Posted on by in Office, Western

SALT LAKE CITY — CB Richard Ellis’ Salt Lake City office has sold two office buildings in Utah County. The 60,000-square-foot Thai Properties was sold to Reynolds Construction for $9.2 million. CBRE’sKreg Peterson, Eli Mills and Tucker White represented the seller, Thai Properties, LLC. James Mecham, an office specialist with CBRE, represented Reynolds Construction. The 81,000-square-foot Canyon River Center was sold to Ace Real Estate Ventures for an undisclosed amount. Mills and White represented the seller, Florida-based LNR Property. Laurie Adair, an office specialist with CBRE, represented Ace Real Estate Ventures. Both office buildings were paid for in cash. Thai Properties is located in Lehi, while Canyon River Center is in Provo.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter
Conferences


Webinars on Demand


Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties