Archive for the ‘ANNOUNCEMENTS’ Category:

Sep
27
Sale of Village on Main in Bountiful, Utah Signifies Multi-Family Housing Market Demand

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.

Sep
21
Cushman & Wakefield Commerce Expands its Boise Office and Forms Strong Investment Services Team: The Idaho Land & Investment Group

BOISE, ID – Sept. 21, 2016 – The Cushman & Wakefield Commerce Boise office today announced the formation of The Idaho Land & Investment Group and addition of Matt Naumann, who joins the investment services team as an associate broker.

Jun
9
Las Vegas Multi-family Experiencing Construction Boom

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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.

May
31
City of Boise Engages Commercial Real Estate Team for New Rail-Oriented Industrial Development

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BOISE, May 31, 2016 – The Boise office of Cushman & Wakefield/Commerce has been exclusively engaged by the City of Boise in search of a development partner for approximately 275 acres of prime industrial land off Eisenman Road near the airport.

May
11
Cushman & Wakefield/Commerce Brokers Land Deal for Faraday Future’s $1 Billion Electric Vehicle Plant in North Las Vegas

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.

Apr
4
170 South Main High-Rise Recognized as Outstanding Leader in Sustainability

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SALT LAKE CITY, April 4, 2016 – The Cushman & Wakefield/Commerce management team for 170 South Main is pleased to announce the class A, 15-story high-rise in downtown Salt Lake City has been honored with the BOMA Kilowatt Crackdown Climate Leader Award.

Apr
1
Cushman & Wakefield/Commerce Brokers Receive Awards and Recognition at CCIM Utah’s 2016 Excellence Awards

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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.

Mar
24
Stronger Asset Services team brings new skills to Seattle operation

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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.

Mar
22
Cushman & Wakefield/Commerce’s Kâren Sander Selected by International Downtown Association to Serve on a Top Issue Council

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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.

Mar
15
Acquired Newport News Retail Center Set for Revitalization

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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.

Feb
23
Congratulations to Cushman & Wakefield/Commerce Top 2015 Brokers

Congratulations to the Cushman & Wakefield/Commerce top 2015 brokers. We are proud of their professionalism, integrity and accomplishments in 2015.

Feb
10
Cushman & Wakefield/Commerce Seattle Welcomes New Commercial Real Estate Associate to the Industrial Team

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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.

Jan
6
Cushman & Wakefield/Commerce Expands Its Boise Office with the Addition of Three Brokers and One Retail Team Support Staff

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.”

Dec
17
New Southwest Salt Lake County Developments Create Opportunity to Increase Expansion for Retail Space

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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.

Dec
3
Cushman & Wakefield/Commerce Announces the Promotion of Dan Palmeri to Senior Director

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LAS VEGAS, Dec. 3, 2015 – Cushman & Wakefield/Commerce is proud to announce the promotion of Dan Palmeri from Director to Senior Director. As a 13-year resident of Las Vegas, Palmeri originally joined Cushman & Wakefield/Commerce in 2012.

Dec
2
Cushman & Wakefield/Commerce Doubles Size of Las Vegas Brokerage Team, Expands Property Management Capabilities

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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.

Dec
1
Cushman & Wakefield/Commerce Las Vegas Brings on Retail Broker as Director

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.

Dec
1
Multi-Family Property Team Joins Las Vegas office of Cushman & Wakefield/Commerce

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.

Nov
30
Jennifer Levine and Elizabeth Moore Join Cushman Wakefield/Commerce as Powerhouse Industrial Properties Team

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.

Nov
30
Cushman & Wakefield/Commerce Welcomes Senior Tenant and Landlord Representation Office Team

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.

Nov
16
Maier Siebel Baber’s new Lone Peak Center generating strong interest from corporate occupiers

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.

Nov
13
Paula Lea Awarded CCIM Designation, October 29 in Austin, Texas

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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.

Nov
6
Jonathan Owens of Cushman & Wakefield | Commerce Honored as One of Utah Business’s Twenty in Their 20s

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SALT LAKE CITY—November 5, 2015—Jonathan Owens of Cushman & Wakefield | Commerce is being honored with Utah Business Magazine’s inaugural Twenty in Their 20s award. This distinction is an annual award given to Utah’s most ambitious, young professionals.

Oct
30
Cushman & Wakefield | Commerce Brokers Land Purchase for Future Boutique Hotel on Regent Street

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SALT LAKE CITY—October 29, 2015—Cushman & Wakefield | Commerce today announced it has closed negotiations for the successful purchase of a downtown parcel and future site of the boutique, 251,810 square-foot Regent Street Hotel, envisioned to be Salt Lake City’s finest hotel once completed.

Oct
28
Cushman & Wakefield | Commerce Releases Notable Northern Utah Q3 Commercial Real Estate Transactions

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.

Oct
26
Utah’s Tech-Highway Driving Market’s Highest Rate of New Office Construction on Record

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SALT LAKE CITY—October 26, 2015—An unprecedented influx of new and expanding business along I-15’s narrow, eight-mile Draper-Lehi connection is fueling the largest office construction boom in Utah’s history.

Oct
6
Alison Beddard of Cushman & Wakefield | Commerce Appointed President-Elect of CREW Network’s National Organization

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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.

Sep
15
Dana Baird recognized as an “empowered woman leading downtown Salt Lake City’s renaissance”

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Congrats to Dana Baird for being recognized as one of six commercial real estate women changing downtown Salt Lake City.

Sep
8
Cushman & Wakefield | Commerce Negotiates 89,728 Square Foot Sublease in Sunrise Industrial Park

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.

Aug
25
Cushman & Wakefield | Commerce Adds Commercial Real Estate Office Associate to Seattle Team

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SEATTLE, WA—August 25, 2015—Cushman & Wakefield | Commerce has added Matthew Betterman to its Seattle-based office market advisory team.

Aug
25
Cushman & Wakefield | Commerce Adds Industrial Commercial Real Estate Associate

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SEATTLE, WA—August 24, 2015—The Seattle office of Cushman & Wakefield | Commerce has added Ryan Foley to its team. Ryan will serve as an associate for the organization, specializing in the industrial market in the Puget Sound area.

Aug
21
Cushman & Wakefield | Commerce Promotes DJ Thompson to Associate Director

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BOISE, ID—Aug. 20, 2015—Cushman & Wakefield | Commerce announced today the promotion of DJ Thompson to Associate Director. Thompson earned his promotion by attaining exemplary percent-of-quota sales benchmarks and securing the organization’s 2015 Lease of The Year Award.

Aug
10
Cushman & Wakefield | Commerce Las Vegas Office Negotiates Lease of Former Military Building

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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.

Aug
5
Steve Tate Joins Cushman & Wakefield | Commerce as Senior Director of Salt Lake City Retail

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SALT LAKE CITY—August 05, 2015—Cushman & Wakefield | Commerce welcomes the addition of Steve Tate as Senior Director of its Salt Lake City Retail division.

Aug
3
Rapid Growth of Health-Tech Company Part of Ongoing Commercial Real Estate Trends in Northern Utah County

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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.

Aug
3
Cushman & Wakefield |Commerce Boise Office Brings On New Broker Admin

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BOISE, ID—July 28, 2015—Cushman & Wakefield | Commerce today announced that it is expanding the Boise team with the addition of BreeAnna Fratusco as a Broker Admin. In this position, she will provide support to brokers in the sale and lease of commercial real estate properties in the Boise area.

Jul
22
Land Acquired for Massive Luxury Apartment Complex in St. George, UT

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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.

Jul
21
High Value Office Building Turns Over Quickly in Salt Lake City’s Downtown Market

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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.

Jul
21
Leases and Investment Sales of Fast Food and Quick Serve Restaurants Expanding Rapidly in Boise

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.”

Jul
15
Twin Creek Apartments Transaction Means Good News for Utah Investors

Ogden, UTAH—July 15, 2015—The Ogden, Utah, office of Cushman & Wakefield | Commerce today announced an apartment transaction of Twin Creek Apartments in Logan.

Jul
13
First ever CREW Utah Scholarship – made possible by generous gift from benefactor, Kip Paul

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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.

Jul
9
Heber City Land Deal to Bring Outside Retailers to Utah Market

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.

Jul
9
Cushman & Wakefield | Commerce Brokers the Sale of the Green Valley Professional Center & Civic Center in Henderson, NV

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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.

Jul
8
Utah Seeing Unprecedented Commercial Real Estate Trends for Second Quarter 2015

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SALT LAKE CITY—July 8, 2015—The commercial real estate market in Salt Lake City is continuing the year with strong numbers, particularly in rental rates and the high level of new space under construction, according to the latest office market statistics from Cushman & Wakefield | Commerce.

Jun
30
Cushman & Wakefield | Commerce Adds New Research Specialist to Seattle Team

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SEATTLE—June 30, 2015—Cushman & Wakefield | Commerce today announced Rebecca Lloyd has joined the Seattle office as the Research Specialist for the Cushman & Wakefield | Commerce Seattle office.

Jun
30
Cushman & Wakefield | Commerce Adds New Office Specialist to Boise Team

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BOISE—June 29, 2015—Cushman & Wakefield | Commerce today announced Chrissy Smith as a new Office Specialist with the Boise office, representing the commercial real estate objectives of both tenants and building owners.

Jun
23
Cushman & Wakefield | Commerce Adds New Senior Director to Seattle Industrial Team

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SEATTLE—June 22, 2015—Cushman & Wakefield | Commerce today announced the Seattle office has grown with the addition of a new Senior Director, Brie Jensen.

Jun
15
Cushman & Wakefield | Commerce Bids Farewell to Monty Montierth, 1944-2015

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LAS VEGAS—June 15, 2015—Monty Montierth, a senior director in the Las Vegas office of Cushman & Wakefield | Commerce passed away peacefully at his home this week. Montierth, 71, was a highly trusted and well-respected commercial real estate professional.

Jun
10
Cushman & Wakefield | Commerce Negotiates Sale of Sagewood Plaza in Park City

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PARK CITY, UTAH—June 9, 2015—Cushman & Wakefield | Commerce today announced that it has brokered the sale of the Sagewood Plaza, a retail/office property located at 6300 N. Sagewood Dr.

Jun
10
Cushman & Wakefield | Commerce Provides New Listing Details for Governors Point Property

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Seattle, WA—JUNE 9, 2015—Cushman & Wakefield | Commerce today announced that Governors Point, a one-of-a-kind Puget Sound waterfront estate property with more than 125 acres, has a new listing price and new development possibilities.

Jun
3
Cushman & Wakefield | Commerce acquires 1 million sq. ft. managed portfolio from Integris Realty Services

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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.

Jun
1
Cushman & Wakefield | Commerce Lands Property Management Contract for Historic Seattle Office Building

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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.

May
27
Cushman & Wakefield | Commerce Adds New Associate Industrial Specialist to Boise Team

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BOISE—May 27, 2015—Cushman & Wakefield | Commerce today announced the Boise office has grown with the addition of a new Associate Industrial Specialist, Harrison Sawyer.

May
26
Camron Carpenter Promoted to Director at Cushman & Wakefield | Commerce

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SALT LAKE CITY—MAY 26, 2015—Cushman & Wakefield | Commerce today announced that Camron Carpenter, an industrial specialist in the firm’s Salt Lake City office, has been promoted to Director of Industrial Services.

May
18
Dana Baird, Executive Director Selected as Utah Business’ 30 Women to Watch

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Dana Baird
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.”

Apr
28
Washington County Experiencing Increased Investment Sales as Investors Come Back into the Market

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.

Apr
8
Cushman & Wakefield | Commerce Wins TOBY Award for 170 South Main from the Building Owners and Managers Association of Utah

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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.

Apr
1
Cushman & Wakefield | Commerce Completes Sale of Historic Felt Building in Salt Lake City

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.

Mar
24
Cushman & Wakefield | Commerce Promotes Bob Hawkins to Senior Director

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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.

Mar
24
CCIM Utah Names Kip Paul of Cushman & Wakefield | Commerce Top Investment Broker of the Year and Utah’s Top Commercial Real Estate Agent of the Year

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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.

Mar
19
Cushman & Wakefield | Commerce Announces New Office Broker in Its Salt Lake City Office

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SALT LAKE CITY, UT – Mar. 19, 2015 – Cushman & Wakefield | Commerce, announced today the addition of Tyson S. Fowler as Associate Broker in the Office division of its Salt Lake City, Utah office.

Mar
16
Cushman & Wakefield | Commerce Negotiates Sale of Lamplighter Square in Salt Lake City

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.

Mar
4
Cushman & Wakefield | Commerce Remembers and Pays Tribute to the Late Keith W. Bassett

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.

Feb
26
Cushman & Wakefield | Commerce Adds Two Office Investment and Sales Brokers to Las Vegas Team

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.

Feb
17
Cushman & Wakefield | Commerce Reports High Confidence in Boise Commercial Real Estate Market

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BOISE, IDAHO—Feb. 17, 2015—Commercial real estate in the Boise area had a strong 2014 according to new data from the Boise office of Cushman & Wakefield | Commerce. The firm released its most recent Marketbeat Snapshot reports detailing the state of commercial real estate in Boise for Q4, 2014.

Feb
17
Cushman & Wakefield | Commerce Announces new Senior Managing Director, Occupier Services

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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.

Feb
10
Cushman & Wakefield | Commerce Reports a Strong but Tight Commercial Real Estate Market in Seattle-Bellevue in Q4, 2014

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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.

Feb
4
Trigger Reital Promoted to Market Leader of Cushman & Wakefield | Commerce Salt Lake Office

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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.

Jan
29
Cushman & Wakefield | Commerce Reports Utah Commercial Real Estate Broke All-Time Investment Record of $1.8 Billion in 2014

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SALT LAKE CITY—Jan. 28, 2015—The Cushman & Wakefield | Commerce (www.comre.com) 2014 Year-End Market Review reports that total commercial real estate investment sales topped $1.8 billion, which is the highest level in the state’s history.

Jan
23
Cushman & Wakefield | Commerce Signs Property Management Guru Dan McGregor in Boise

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BOISE, ID—Jan. XX, 2015—Cushman & Wakefield | Commerce today announced that Dan McGregor has joined the firm in the Boise office as the Property Manager. McGregor, a property management expert is bringing with him a large portfolio of properties with nearly one million square feet of space.

Jan
12
Tim Reid Promoted to Market Leader of Cushman & Wakefield | Commerce Boise Office

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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.

Jan
7
Cushman & Wakefield | Commerce Negotiates Lease of Largest Industrial Speculative Building in the Las Vegas Market in 8 Years

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.

Dec
10
Cushman & Wakefield | Commerce Wraps up Year with Strong Numbers in Boise Commercial Real Estate

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.”

Nov
5
Natalie Wainwright Named as Associate at Cushman & Wakefield | Commerce in Las Vegas

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LAS VEGAS—Nov. 5, 2014—Cushman & Wakefield | Commerce today announced that Natalie Wainwright has been named as an Associate and will focus on office leasing and sales for both landlords and tenants in the Las Vegas area.

Oct
15
Cushman & Wakefield | Commerce Secures Leasing Assignment for Pawn Plaza

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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.”

Oct
1
Cushman & Wakefield | Commerce Completes Sale of Park Lane Village Apartments in Farmington, Utah

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SALT LAKE CITY—October 1, 2014—Cushman & Wakefield |Commerce (www.comre.com) today announced The Park Lane Village Apartments have sold. The 324-unit property, situated on 13 acres, is located at 500 North Broadway in Farmington, Utah.

Sep
30
Cushman & Wakefield | Commerce Officially Lists Governors Point Property

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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.

Sep
29
Michael Dunn Promoted to Market Leader of Cushman & Wakefield | Commerce Las Vegas Office

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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.

Sep
10
Cushman & Wakefield | Commerce Brokers 25,000 Square Foot Lease for Landmark Home Warranty

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.

Aug
13
Dave Magee Promoted to Market Leader of Cushman & Wakefield | Commerce Seattle Office

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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.

Aug
5
Las Vegas Office of Cushman & Wakefield | Commerce Names David Livingston as Research Specialist

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Las Vegas—August 5, 2014—The Las Vegas office of Cushman & Wakefield | Commerce today announced that David Livingston has joined the company as Research Specialist.

Jul
30
PEMCO to Relocate Headquarters, Cushman & Wakefield | Commerce to broker sale and advise PEMCO in long term occupancy plan

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.

Jul
29
Cushman & Wakefield | Commerce Closes Sale of Historic Main Street Building in Park City, Utah

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.

Jul
8
Cushman & Wakefield | Commerce Seattle Office Welcomes Industrial Properties Expert Edward Turpin

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.

Jul
7
Cushman & Wakefield | Commerce Closes First Land Sale on Former Wasatch High School Site

.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.

Jun
17
Travis Parry of Cushman & Wakefield | Commerce Achieves SIOR Designation

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.

Jun
10
Cushman & Wakefield | Commerce Boise Office Welcomes Retail Specialist Mallisa Jackson

BOISE, ID—June 10, 2014—The Boise office of Cushman & Wakefield | Commerce welcomes retail specialist, Mallisa Jackson.

Jun
3
Commercial Real Estate Veteran Jennifer McEntee Joins the Boise Office of Cushman & Wakefield | Commerce

BOISE, ID—June 3, 2014— Jennifer McEntee, CCIM, an esteemed commercial real estate professional, has joined the Boise office of Cushman & Wakefield | Commerce as a Director where she will provide her clients with all aspects of commercial property transactions from quality contractual documentation to financial analysis and marketing.

May
30
Cushman & Wakefield | Commerce Welcomes Veteran Asset Services Pro Todd Taft

Cushman & Wakefield | Commerce today announced that Todd Taft has joined the company as a Regional Operations Manager for Asset Services.

May
29
Industrial Specialist, Jake Miller Joins Cushman & Wakefield | Commerce Boise Office

BOISE, ID—May 27, 2014—The Boise office of Cushman & Wakefield | Commerce welcomed Jake Miller as an associate on its Industrial team in the Boise area.

May
21
Cushman & Wakefield | Commerce Boise Office Welcomes Office Specialist Shelley Wallace

BOISE, ID—May 20, 2014—The Boise office of Cushman & Wakefield | Commerce today announced that Shelley Wallace has joined its ranks as an office specialist. Wallace will specialize in the leasing and selling of office properties, representing landlords and tenants as well as buyers and sellers.

Apr
24
Cushman & Wakefield | Commerce Adds Will Carroll to Seattle Tenant Rep Team

SEATTLE—Apr. 23, 2014— The Seattle branch of Cushman & Wakefield | Commerce has added Will Carroll to its roster as an associate. He will primarily conduct tenant representation in Seattle.

Apr
17
Cushman & Wakefield | Commerce Closes Land Sale for Joint Operations Center for County Parks Department and County Public Works

SALT LAKE CITY—April 17, 2014—Cushman & Wakefield | Commerce today announced the completion of two transactions involving the purchase of land and an industrial property to be the future home of a centralized operations center for Salt Lake County’s Parks Department and County Public Works.

Apr
2
Cushman & Wakefield | Commerce Closes Sale of the Family Center at Riverdale

SALT LAKE CITY—Apr. 2, 2014—Cushman & Wakefield | Commerce today announced it has completed the sale of The Family Center at Riverdale. The offering included 427,805 square feet of leasable area located in Riverdale, Utah.

Mar
26
Cushman & Wakefield | Commerce Seattle Office Promotes Steve Brunette

The Seattle branch of Cushman & Wakefield | Commerce has promoted Steve Brunette to Senior Director.

Mar
12
Cushman & Wakefield | Commerce Completes Sale of 222 Main, Downtown Salt Lake City’s Premier Office Building

SALT LAKE CITY—Mar. 12, 2014—Cushman & Wakefield | Commerce today announced that a team of its brokers has completed the sale of 222 Main; a Class A, trophy office tower which is widely considered the finest office property in Salt Lake City.

With 426,657 square feet, the sale of this landmark building is the largest single-asset sale in the history of the state. 222 Main was sold by Chicago-based Hamilton Partners, who developed the property, to KBS of Newport, Calif., which is one of the nation’s preeminent buyers of commercial real estate and structured debt investments. KBS has completed approximately $30.0 billion in transactional volume since its inception in 1992.

Mar
12
Cushman & Wakefield | Commerce Closes Sale of Rossignol Building in Park City, Utah

March 11, 2014—Cushman & Wakefield | Commerce today announced the sale of the class “A” office building, home to Rossignol USA in Park City, Utah.

The seller was Cottonwood Newpark Two represented by Janet West of Sage Realty and Kip Paul of Cushman Wakefield | Commerce. The buyer was Newpark Two Property Owners led by local real estate investment group, Cassis Capital Partners. Tim Anker, Managing broker for the Park City Office of Cushman Wakefield | Commerce and Brieona Pappas negotiated the transaction on behalf of the buyer.

Mar
4
CCIM Utah Names Kip Paul of Cushman & Wakefield | Commerce Top Commercial Real Estate Agent of the Year

SALT LAKE CITY—Mar. 4, 2013—Kip Paul, Executive Director of Investment Sales for Cushman & Wakefield | Commerce has been named as the Top Commercial Real Estate Agent of the Year and the Top Investment Broker of the Year by the Utah Chapter of the CCIM Institute. CCIM Utah is a professional organization for commercial real estate practitioners. This is the third year in a row that Paul has been named as the Top Investment Broker of the Year

Paul also received a third award as having completed the largest sale transaction in the State of Utah. This was for a four-office building project at the Gateway Center totaling 450,000 square feet.

Feb
27
Cushman & Wakefield | Commerce Adds Evan Olson to Commercial Real Estate Investment Team

The Seattle branch of Cushman & Wakefield | Commerce welcomed Evan Olson as an associate to its commercial real estate Investment and capital markets team. He will work with Gary Danklefsen and Steve Brunette in investment sales.

Feb
4
Cushman & Wakefield | Commerce to Bring First Shared Executive Office Building to Park City

Park City, Utah—Feb. 04, 2014—Cushman & Wakefield |Commerce (www.comre.com) is bringing, for the first time, a shared office concept for professionals in Park City, Utah that will fill a pressing need for business people in the area. Assemble will provide 11,289 rentable square feet of individual offices, collaboration areas, meeting rooms and ancillary services at the new Cottonwood Building at Kimball Junction. The site is under construction and the owners plan to open the doors in March, 2014.