LAS VEGAS, Jan. 31, 2017 – Prominent Las Vegas real estate developer, Thomas & Mack, is saying “thank you” in a way that is rarely seen in a business setting. It is naming a park at the McCarran Center after Dan Palmeri, senior director at Cushman & Wakefield Commerce, to thank and honor his tenant representation work. Palmeri leased more than 200,000 square feet in six buildings at the 100-acre business park and his team is the most active in bringing new companies to the McCarran Center.
SALT LAKE CITY, Jan. 17, 2016 –Cushman & Wakefield Commerce reported today that for the first time in the state’s history, Utah has broken the $2 billion mark for commercial real estate investment sales. The company released its 2016 year-end market review which shows an exceptional year across the board for commercial real estate in Utah.
SEATTLE – Jan. 10, 2016 – Dave Magee, Cushman & Wakefield Commerce’s Market Leader in Seattle, has achieved the SIOR Office designation awarded by the Society of Industrial and Office REALTORS®. SIOR is a Washington, DC-based international professional organization of more than 3,000 commercial real estate professionals, 2,800 of whom have earned the coveted SIOR designation.
Sale makes way for 1.1M square foot industrial development
SEATTLE – Dec. 7, 2016 – The Seattle office of Cushman & Wakefield Commerce today announced that it has brokered the sale of a 58-acre former sawmill in Tacoma, Wash. The seller was Interfor, a Vancouver, B.C.-based lumber company. The buyer was Industrial Property Trust (IPT), which purchased the property to develop the IPT Tacoma Logistics Center, which will include two industrial buildings totaling approximately 1.1 million square feet. Tony Kusak, SIOR, Senior Director at Cushman & Wakefield Commerce in Seattle, was the lead broker on the transaction.
LAS VEGAS, Nov. 28, 2016 – The Las Vegas office of Cushman & Wakefield Commerce announced that the team of Carl and Taylor Sims have negotiated the sale of the apartment portion of a three-property, multi-state portfolio sale in Las Vegas for $41,500,000. The team represented the seller, a global corporation based in China. The buyer was a subsidiary of Angelo, Gordon & Co. of New York, NY.
LAS VEGAS, Nov. 28, 2016 – Cushman & Wakefield Commerce Las Vegas today announced that Pete Janemark has received the national Certified Commercial Investment Member (CCIM) designation. By obtaining the CCIM designation, Janemark is recognized as an expert in the commercial and investment real estate industry.
SEATTLE—Oct. 24, 2016—Cushman & Wakefield Commerce in Seattle and CBRE have partnered to present Governors Point, an unparalleled investment opportunity for waterfront estate development on Bellingham Bay and Pleasant Bay, in the City of Bellingham, Washington. The firms announced today that the approximately 125.84 acre property, which includes more than 9,500 lineal feet (882.6 lineal meters) of marine shoreline, is being offered in two divided portions or as a single purchase of the entire acreage.
NEW YORK, NY – Oct. 20, 2016 – The Commercial Real Estate Women (CREW) Network announced the new members of the Board of Directors, which will be led in 2017 by President Alison Beddard of Cushman & Wakefield Commerce. The announcement was made at the 2016 CREW Network Convention and Marketplace, held this year in New York City. Beddard and the other members of the board will officially take office in January, 2017.
LAS VEGAS, Sep. 29, 2016 – Daniel Palmeri, SIOR of Cushman & Wakefield Commerce Las Vegas has achieved the SIOR Office designation awarded by the Society of Industrial and Office REALTORS®. SIOR is a Washington, DC-based international professional organization of more than 3,000 commercial real estate professionals, 2,800 of whom have earned the coveted SIOR designation.
SALT LAKE CITY, Sept. 26, 2016 – Cushman & Wakefield Commerce announced the sale of the Village on Main, a deluxe mixed-use property with 192 high-end multi-family housing units and 49,441 square feet of Class A retail and office space. The property was purchased by Village Glen Plaza LLC represented by Parkstone Companies. The Seller was Village on Main Street LLC.
LAS VEGAS, June 9, 2016 – Multi-family construction volume in Las Vegas is at an all-time high, according to Cushman & Wakefield/Commerce. Each year on average, permits for 5,000 to 6,000 units are granted. Currently, permits for nearly 11,000 units have been granted, indicative of growth and improved market conditions.
LAS VEGAS, May 10, 2016 –Cushman & Wakefield/Commerce today announced it has brokered a land transaction in North Las Vegas on behalf of Faraday Future for the site of a $1 billion electric vehicle plant.
The visionary startup Faraday Future broke ground on April 13 and will soon begin construction of a 3 million square foot factory situated on 940 acres of land. This factory is expected to create approximately 4,500 for the state.
SALT LAKE CITY, March 31, 2016 – Cushman & Wakefield/Commerce today announced three of its Utah brokers were honored at CCIM Utah’s 2016 Excellence Awards. CCIM Utah is a professional organization for commercial real estate practitioners, which hosts their annual Excellence Awards to recognize and honor Utah’s top professionals within the commercial real estate industry.
SEATTLE, March 23, 2016 – Cushman & Wakefield/Commerce is pleased to announce additional leadership and resources in property management in its Seattle office. Janice Davis, a 20-year property management expert, has been promoted to general manager and the company welcomes two new property professionals: Christine Lang, senior property manager, and Catherine Lategan, senior project manager. This expanded team offers a stronger platform of services to investor clients and their assets, and for tenants who are moving or renovating their space.
Boise, March 21, 2016 – The International Downtown Association (IDA) has selected Kâren Sander, associate with the Boise office of Cushman & Wakefield/Commerce, to serve on the Top Issues Council. IDA is the premier association of urban place managers who are shaping and activating dynamic downtown districts, connecting all the stakeholders in a downtown area, and bridging the gap between the public and private sectors.
NEWPORT NEWS, VA – March 15, 2016 – The recently acquired Denbigh Village Shopping Centre in Newport News, Virginia will soon experience a major overhaul. The asset will go under renovations, which will conclude third quarter of this year, as well as go through a period of repositioning to fully lease the remaining 50 percent vacant space, according to Cushman & Wakefield/Commerce.
Congratulations to the Cushman & Wakefield/Commerce top 2015 brokers. We are proud of their professionalism, integrity and accomplishments in 2015.
SEATTLE, Feb 10, 2016 – Cushman & Wakefield/Commerce is pleased to announce the addition of Connor Cree to its Seattle office where he will be joining Tony Kusak and Ryan Foley as part of their industrial team. Cree is joining the company as an associate specializing in tenant representation in the Kent Valley industrial market.
BOISE, Jan. 4, 2016 – Cushman & Wakefield/Commerce today announced the addition of four new members to the Boise team.
“We are delighted to have three brokers and one dedicated admin join our Boise team,” said Tim Reid, Market Leader of Cushman & Wakefield/Commerce Idaho. “We are particularly pleased to see the retail team grow its ranks. The retail segment of the market in Idaho is very strong and Cushman & Wakefield/Commerce is seen as the go-to team for retail clients. Each new person is joining us with their own unique expertise and successes; we are very excited to have this new talent work with us to maximize our growth and impact on the market in 2016.”
SALT LAKE CITY- Dec. 16, 2015- As the population in Utah continues to increase, Cushman & Wakefield/Commerce is reporting a rapid growth of retail opportunities as the development of residential housing spikes in the southwest portion of Salt Lake County. In response to this rapid increase in housing, Cushman & Wakefield/Commerce is working with Anthem Commercial on new development and expansion of retail space west of Daybreak.
Rapid expansion to serve Southern Nevada’s growing commercial real estate needs
LAS VEGAS, Dec. 2, 2015 – The Las Vegas office of Cushman & Wakefield/Commerce has entered into a new growth phase with the addition of 10 new brokers on top of a major expansion of its commercial property management portfolio. The company now has 26 brokers in the market and manages 1.16 million square feet of assets in Southern Nevada.
LAS VEGAS—Nov. 24, 2015—Cushman Wakefield/Commerce is proud to announce the addition of Lauren Tabeek, CCIM to the Las Vegas retail team. Tabeek is a native of the Pacific Northwest, but has been a resident of Las Vegas since 1999 and has more than nine years of brokerage experience serving and expanding the retail landscape of the city.
LAS VEGAS—Nov. 24, 2015—Carl Sims and Taylor Sims have joined Cushman & Wakefield/Commerce as a new multi-family investment team. This father/son team brings more than 34 years of experience, Carl joins as executive director and multi-family specialist and Taylor joins a director and multi-family specialist.
LAS VEGAS- Nov. 24, 2015- Jennifer Levine, CCIM and Elizabeth Moore have joined Cushman Wakefield/Commerce as directors of industrial properties in Las Vegas representing buyers, sellers, landlords and tenants.
LAS VEGAS—Nov. 24, 2015—Cushman & Wakefield/Commerce welcomes Jayne Cayton, senior director and Matt Kreft, senior associate to the Las Vegas office. Cayton and Kreft join the firm as office specialists focusing on both tenant and landlord representation.
SALT LAKE CITY, Nov. 16, 2015 – Cushman & Wakefield |Commerce announced today a number of new occupiers in the newly rebranded Lone Peak Center—Maier Siebel Babel’s (MSB) multi-phase, nine-building campus renovation in Draper, Utah.
Las Vegas, NV October 30, 2015 – Paula Lea, CCIM, Associate Director, Cushman & Wakefield | Commerce, Las Vegas, has been awarded the Certified Commercial Investment Member (CCIM) designation by the CCIM Institute. The designation was awarded during the Institute’s Annual Governance meetings Oct. 29 in Austin, Texas.
Salt Lake City, Utah–10/28/15–Third quarter of 2015 showed great promise pertaining to the growth and continued forward momentum of the Northern Utah commercial real estate market. Cushman & Wakefield | Commerce announced a number of transactions in and around the Ogden area, as well as in Salt Lake City.
SALT LAKE CITY—October 02, 2015—Alison Beddard, Director of Office and Investments of Cushman & Wakefield | Commerce has been appointed to represent CREW (Commercial Real Estate Women) Network as the national organization’s 2016 President-Elect. She receives her formal recognition today, as part of the 2015 CREW Network Convention and Marketplace, being held in Bellevue, WA from Sept. 30 to Oct. 4, 2015.
LAS VEGAS—Sept. 8, 2015—Cushman & Wakefield | Commerce today announced it successfully negotiated the sublease of a large industrial building adjacent to the I-15 highway, facilitating a transaction for sub-lessor Global Equipment Company (GEC) and sub lessee VMinnovations.
LAS VEGAS—Aug. 10, 2015—The Las Vegas office of Cushman & Wakefield | Commerce today announced a long-term industrial lease for the office/warehouse facility located at 4524 Lawrence Street in North Las Vegas, Nevada to the Shred-It Corporation. The property was built in 1998 for the U.S. Corp of Engineers and the U.S. Army Reserves. Curtis Sanders, Director with Cushman & Wakefield | Commerce, exclusively represented the landlord and was the listing broker of the property.
SALT LAKE CITY—July 27, 2015—Cushman & Wakefield | Commerce announced today the pre-lease of two top floors of Thanksgiving Station 4, a 61,594 square foot “Class A” office space located at 2100 W. Ashton Blvd., in Lehi, UT. Jeff Rossi, Executive Director with Cushman & Wakefield | Commerce’s Tenant Advisory Group, represented the occupier, Prosper Healthcare Lending (PHL), to make room for its rapidly expanding health financing services.
ST. GEORGE, UTAH—July 22, 2015—The St. George, Utah office of Cushman & Wakefield | Commerce today announced it has brokered the sale of 11.37 acres of land for the development of the Grayhawk Apartments at River’s Edge, which with 244 units, will be one of the largest apartment complexes in the St. George area.
SALT LAKE CITY—July 21, 2015—Cushman & Wakefield | Commerce is pleased to announce the sale of the 175 South West Temple multi-tenant Office Building, located in the Central Business District (CBD) of Salt Lake City, Utah. Kip Paul, Executive Director of Investments with Cushman & Wakefield | Commerce, represented Del Mar Partners as the seller. The buyer was Stoltz Real Estate Partners, located in Pennsylvania.
Boise, Idaho—July 20, 2015—The Boise, Idaho office of Cushman & Wakefield | Commerce today announced the sale of multiple fast food and quick serve restaurant (QSR) net leased investments throughout Boise.
“We are seeing numerous long-term fast food and quick serve restaurant leases throughout Boise,” said Tim Reid, market leader of Cushman & Wakefield | Commerce. “The high volume of transactions demonstrates the trend of higher dollar, long-term lease deals in this market. As Boise continues to grow and attract new entrants into the area, leases and investments in this sector will continue to experience growth.”
Ogden, UTAH—July 15, 2015—The Ogden, Utah, office of Cushman & Wakefield | Commerce today announced an apartment transaction of Twin Creek Apartments in Logan.
SALT LAKE CITY—July 13, 2015—Kip Paul of Cushman & Wakefield | Commerce exceeded his original commitment to match all funds raised at CREW Utah’s 3rd Annual Gala by generously committing $25,000 to CREW Utah’s first ever scholarship program. Mr. Paul will donate of $5,000 per year for five years to provide local scholarships to women considering a career in the commercial real estate industry.
Park City, UTAH—July 9, 2015—The Park City, Utah, office of Cushman & Wakefield | Commerce today announced a land transaction that took place in neighboring Heber City.
LAS VEGAS—July 9, 2015—The Las Vegas office of Cushman & Wakefield | Commerce today announced it has closed the $5,500,000 sale of the office property known as Green Valley Professional Center & Civic Center. The office complex located at 2501-2651 North Green Valley Parkway, Henderson, NV, included six buildings totaling 109,630 square feet on 9.28 acres.
David Jewkes rejoins CWC to restart management business in Las Vegas
LAS VEGAS, NEVADA (June 3, 2015) — Cushman & Wakefield | Commerce announced today its acquisition of a one million sq. ft. managed portfolio from Integris Realty Services LLC. The portfolio includes management contracts for retail, office and industrial assets in Las Vegas, Nevada. Joining CWC as part of the acquisition will be Integris Realty Services’ founder David Jewkes and Regional VP Stacy Blattner, RPA.
SEATTLE—June 1, 2015—The Seattle office of Cushman & Wakefield | Commerce today announced that it has been awarded the property management contract for the Central Building located at 810 3rd Avenue in Seattle by the owners, KBS Strategic Opportunity REIT, and affiliate of KBS in Newport Beach, California.
Executive Director, Cushman & Wakefield | Commerce
Dana Baird loves a challenge, from completing a simple deal to putting the pieces of a complicated transaction together. That’s why it’s no surprise that she has consistently been a top three producer at Cushman & Wakefield | Commerce in the last five years.
In addition, her team has consistently been at the forefront, producing over 1.5 million square feet totaling $275 million of executed deal transactions on an annual basis. “I thoroughly enjoy the people I work with, as well as guiding my team to success,” she says. “There is excitement in having an impact on Utah’s ever changing economy.”
ST. GEORGE, UTAH—April 27, 2015—The St. George, Utah office of Cushman & Wakefield | Commerce today announced the sale of three investment properties in Washington County.
SALT LAKE CITY, UTAH—April 8, 2015—Cushman & Wakefield | Commerce today announced that Tammy Rasmussen, Property Manager for the Asset Services group of Cushman & Wakefield | Commerce received the Building Owners and Managers Association (BOMA) of Utah’s TOBY Award for the outstanding property management of 170 South Main, a contender in the 250,000–499,999 square feet office building category.
SALT LAKE CITY—Apr. 1, 2015—Cushman & Wakefield | Commerce today announced that it has brokered the sale of the historic Felt Building located at 341 South Main Street in Salt Lake City, Utah. The Felt Building is a 57,665 square foot historic office and retail property.
LAS VEGAS—Mar. 23, 2015—The Las Vegas office of Cushman & Wakefield | Commerce today announced that Bob Hawkins has been promoted to a Senior Director.
Hawkins specializes in the leasing and sales of office and industrial real estate. He has a targeted specialty in that he represents only landlords and sellers.
SALT LAKE CITY—Mar. 24, 2014—For the fourth year in a row, CCIM Institute’s Utah Chapter has recognized Kip Paul, Executive Director of Investment Sales for Cushman & Wakefield | Commerce, as Utah’s Top Investment Broker of the Year. CCIM Utah is a professional organization for commercial real estate practitioners, which hosts their annual Excellence Awards to recognize and honor Utah’s top professionals within the commercial real estate industry.
SALT LAKE CITY—March 16, 2015—Cushman & Wakefield |Commerce announced today the closing sale of Lamplighter Square Shopping Center, located on Foothill Boulevard. Lamplighter Square has long been home to many favorite restaurants and businesses, making it a high volume destination for area residents and business owners. The square is currently occupied by the popular State Liquor store, Taqueria 27, Foothill Fitness, and Bleu Bistro, among others.
LAS VEGAS—Mar. 04, 2015—Keith W. Bassett, a senior director in the Las Vegas office of Cushman & Wakefield | Commerce passed last week at the age of 75. Bassett was a highly trusted and well-respected commercial real estate professional.
LAS VEGAS—Feb. 26, 2015—Cushman & Wakefield | Commerce today announced the addition of two commercial real estate office and investment brokers to its Las Vegas team. Nicholas Barber and Jeremy Foley are joining the firm as directors.
SEATTLE, WA—Feb. 17, 2015—Cushman & Wakefield | Commerce today announced that Scott Schlumberger has been named Senior Managing Director, Occupier Services for Cushman & Wakefield | Commerce. Schlumberger will be based in Seattle, but will cover Nevada, Idaho and Utah as well. Schlumberger will work closely with Cushman & Wakefield | Commerce and its leaders, brokers and advisory professionals, and colleagues within Cushman & Wakefield to provide real estate solutions to occupier clients.
SEATTLE—Feb. 9, 2015—The commercial real estate in the Seattle-Tacoma-Bellevue metro area saw a tightening of the market according to new data by the Seattle office of Cushman & Wakefield | Commerce. The firm released its most recent Marketbeat Snapshot reports detailing the state of commercial real estate in the Seattle and Bellevue markets.
SALT LAKE CITY—FEB 4, 2015—Cushman & Wakefield | Commerce today announced that Trigger Reital has been promoted to the position of market leader for the Salt Lake City, Utah, office. In this new position, Reital will be responsible for growing Cushman & Wakefield | Commerce’s market share across all services for both investors and occupiers in Utah.
Boise—January 12, 2015—Cushman & Wakefield | Commerce today announced that Tim Reid has been promoted to the position of Market Leader for the Idaho region. Reid will, in this new position, be responsible for growing Cushman & Wakefield | Commerce’s market share across all services for investors, owners and occupiers.
LAS VEGAS—Jan 7, 2015—The Las Vegas office of Cushman & Wakefield | Commerce today announced that Global Industrial Distribution of New York has signed a lease for a 464,203 square foot speculative industrial building in the Prologis Las Vegas Corporate Center at 3700 Bay Lake Trail, North Las Vegas. The Las Vegas industrial team at Cushman & Wakefield | Commerce, Danielle Steffen, Art Farmanali, SIOR and Amy Ogden represented the Tenant.
BOISE, ID—Dec. 10, 2014—The Boise office of Cushman & Wakefield | Commerce today announced several successful 2014 sale and lease transactions negotiated on behalf of clients in the Boise market. The volume of transactions is indicative of the growing and improved market conditions in Idaho.
“This year, the Boise commercial real estate market has kept pace with the overall robust U.S. economy,” said Tim Reid, Managing Director at Cushman & Wakefield | Commerce. “We can expect to see new entrants in the market as more national firms realize the strength of the Boise economy, with the resulting inflow of investment continuing to fuel growth in the market.”
Las Vegas—Oct. 14, 2014—Cushman & Wakefield | Commerce today announced it has been awarded the leasing assignment for Pawn Plaza in Las Vegas, Nevada. The new retail project will be located along Las Vegas Boulevard next to the World‐Famous Gold & Silver Pawn Shop, home of History’s No. 1 show, “Pawn Stars.”
Seattle, WA—Sept. 29, 2014—Cushman & Wakefield | Commerce today announced that Governors Point, a one-of-a-kind waterfront estate property with more than 125 acres, is officially on the market for the first time in more than 50 years. Gary Danklefsen, Steve Brunette and Evan Olson from Cushman & Wakefield Commerce have listed the property, with advisory services provided by The Land Group.
Las Vegas—Sept. 29, 2014—Cushman & Wakefield | Commerce today announced that Michael Dunn has been promoted to the position of Market Leader for the Las Vegas office. In this new position, Dunn will be responsible for growing market share for Cushman & Wakefield | Commerce across all services for both investors and occupiers.
Salt Lake City, Utah—Sept. 10, 2014—Cushman & Wakefield | Commerce today announced it has brokered a new lease for Landmark Home Warranty at Riverpark 2, 10701 S. Riverfront pkwy in South Jordan, Utah.
Seattle—August 11, 2014—Cushman & Wakefield | Commerce today announced that Dave Magee has been promoted to the position of market leader for the Washington region which includes the offices in Seattle and Bellevue, Wash. In this new position, Magee will be responsible for growing Cushman & Wakefield | Commerce’s market share across all services for both investors and occupiers.
Seattle—July 30, 2014—Cushman & Wakefield |Commerce (www.comre.com), today announced it has been selected to broker the sale of the PEMCO Block, which has served as the company’s headquarters for over 30 years. PEMCO, which has been both an iconic and active fixture in the South Lake Union area for decades, will sell the property and lease it back until the company completes its relocation to a new local headquarter location. The company continues its commitment to the Seattle and greater South Lake Union areas as it finalizes its search for a location that better meets its current and future needs.
Park City, Utah—July 29, 2014—Cushman & Wakefield | Commerce today announced the sale of the historic 4,700 square foot, 591 Main Street building in Park City, Utah.
The seller was Meyer Crest, Ltd. of Berkley, Calif. The transaction was negotiated on behalf of the seller by Steve Hooker, Director at Cushman Wakefield | Commerce. The buyer was PCMAIN LLC of Park City, Utah.
Seattle—July 8, 2014—Cushman & Wakefield | Commerce today announced that 20-year veteran, Edward Turpin, has rejoined the Seattle office as a director where he will focus his efforts on the leasing and sales of industrial properties in Kent Valley.
.SALT LAKE CITY—July 7, 2014—Cushman & Wakefield | Commerce today announced that it has closed on the first acre of land in Heber, Utah that was previously home to the Wasatch High School.
ST. GEORGE—June 16, 2014—Cushman & Wakefield | Commerce congratulates Travis Parry, Senior Director of Industrial and Investment, for achieving the SIOR industrial designation, which is awarded by the Society of Industrial and Office REALTORS®. SIOR is a Washington, DC-based international professional organization of more than 3,000 commercial real estate professionals, 2,800 of whom have earned the coveted SIOR designation.