Archive for the ‘ANNOUNCEMENTS’ Category:

Jul
14
The Palmeri – Wainwright Team Sees Another Great Quarter!

LAS VEGAS, July 14, 2017 – The second quarter of 2017 in Las Vegas was another strong one for leasing activity, according to the Palmeri – Wainwright tenant representative team of Cushman & Wakefield Commerce. The team of Dan Palmeri, SIOR and Natalie Wainwright, which specializes in exclusively representing tenants with their leasing, acquiring, relocating, expansions and build-to-suit projects, secured 12 tenant lease transactions totaling 155,000 square feet with $25.4 million in lease values in Q2 2017.

Jul
13
Travis Healey of Cushman & Wakefield Commerce Achieves SIOR Designation from Society of Industrial and Office REALTORS®

SALT LAKE CITY, July 13, 2017 – Travis Healey Senior Director/Industrial – Industrial Brokerage at Cushman & Wakefield Commerce in Salt Lake City, has achieved the SIOR designation awarded by the Society of Industrial and Office REALTORS®.

Jul
5
Cushman & Wakefield Commerce and CBRE Negotiate 170,000 Square-Foot Health Care Clinic for the University of Utah in Downtown Sugar House

SALT LAKE CITY, July 5, 2017 – Cushman and Wakefield Commerce’s Alison Beddard and Peter Hanlon, in cooperation with CBRE’s Barb Johnson and Vic Galanis, led the representation and negotiation of the University of Utah Health’s new build-to-suit ambulatory care center in the heart of downtown Sugar House on behalf of the tenant. With a scheduled completion in mid-2019, the 170,000-square-foot site will house a consolidated specialty clinic which provides world-class outpatient services to citizens across the Salt Lake Valley.

Jun
28
Cushman & Wakefield Commerce Hires Jake Bowman as Operations Director; Promotes Matt Liapis to Head Research and GIS Functions

SALT LAKE CITY, June 28, 2017 – The Salt Lake City office of Cushman & Wakefield Commerce has added a new Operations Director and promoted Matt Liapis to Director of Research and GIS. Both roles will strengthen support for the brokerage and property management businesses as the company continues to grow in Salt Lake City.

Jun
26
Natalie Wainwright of Cushman & Wakefield Commerce Takes the Helm of CREW Las Vegas

Las Vegas—June 26 , 2017—Natalie Wainwright, Associate – Tenant Representative, Cushman & Wakefield Commerce in Las Vegas, has been elected president of Commercial Real Estate Women of Las Vegas (CREW LV), a vibrant and growing state chapter of the largest commercial real estate network dedicated to Influencing the success of the commercial real estate industry by advancing the achievements of women. She served the last 12 months as president-elect and begins her year as president on July 1, 2017.

Jun
26
Tom Freeman of Cushman & Wakefield Commerce Achieves SIOR Designation from Society of Industrial and Office REALTORS®

SALT LAKE CITY, June 26, 2017 – Tom Freeman, Executive Director – Industrial Brokerage at Cushman & Wakefield Commerce in Salt Lake City, has achieved the SIOR designation awarded by the Society of Industrial and Office REALTORS®.

Jun
15
Cushman & Wakefield Commerce Grows Las Vegas Team with the Addition of Kimberly Noack-Summers

LAS VEGAS—June 15, 2017—The Las Vegas office of Cushman & Wakefield Commerce has added industry veteran Kimberly Noack-Summers as a Director to its roster of seasoned industrial brokers. Summers specializes in industrial sales, leasing, development and investment sales.

Jun
14
NAIOP Utah Chapter Announces 2017-18 Board of Directors

Salt Lake City, UT – June 5, 2017 – NAIOP Utah, the Commercial Real Estate Development Association, is pleased to announce its Board of Directors for the June 1, 2017 through May 31, 2018 term.

Jun
9
Cushman & Wakefield Launches Inaugural ‘Tech Cities 1.0’ U.S. Report

SALT LAKE CITY—June 8, 2017— Seattle, Washington and Salt Lake City, Utah emerged as promising tech cities after San Jose (Silicon Valley) and San Francisco, according to Cushman & Wakefield’s inaugural “Tech Cities 1.0” national report launched today. Within the top 25 U.S. tech cities, Seattle, Washington, emerged in sixth place and Salt Lake City, Utah, emerged in 24th place.

May
25
Cushman & Wakefield Commerce Grows St. George Team with the Addition of Seasoned Commercial Real Estate Pro, Mike Hillis

ST. GEORGE, UTAH—May 25, 2017—The St. George office of Cushman & Wakefield Commerce today announced it has added industry veteran Mike Hillis, SIOR, CCIM to its team. As a Senior Director, Hillis focuses his efforts on industrial leasing and sales and investment opportunities for clients.

May
1
Trigger Reital of Cushman & Wakefield Commerce Receives Distinguished SIOR Designation from Society of Industrial and Office REALTORS®

SALT LAKE CITY, May 1, 2017 – Trigger Reital, Market Leader of the Cushman & Wakefield Commerce Salt Lake City office, has achieved the SIOR Office designation awarded by the Society of Industrial and Office REALTORS®.

Apr
24
Cushman & Wakefield Commerce Grows Seattle Industrial Team with the Addition of Taylor Hazard

SEATTLE, Apr. 24, 2017 – Taylor Hazard is returning to his hometown of Seattle to join Cushman & Wakefield Commerce as an associate director, industrial brokerage. Hazard comes to the Seattle office by way of Cushman & Wakefield’s Denver office. He will focus on industrial sales and leasing in the Puget Sound area.

Apr
13
Cushman & Wakefield Commerce Adds Veteran Industrial Team to Las Vegas Office

LAS VEGAS, Apr. 13, 2017 – Senior Director Warren Noack and Director Travis Noack have joined the rapidly growing Las Vegas office of Cushman & Wakefield Commerce. Their addition brings the total number of brokers in the office to 31.

Mar
30
Article: Female Leaders in CRE & Tech: Part III with Natalie Wainwright

“During a recent trip to Las Vegas, Nevada, I had the amazing opportunity to meet Natalie Wainwright, an exclusive Tenant Representative with Cushman & Wakefield Commerce. As a successful, passionate professional and President-Elect of CREW’s Las Vegas chapter, Natalie has a wealth of insight to share regarding women in the workforce and pursuing a career that makes you excited to wake up on Monday morning. It was an honor to include Natalie in this series – please freely share this piece with your network!”

Mar
14
MIG Real Estate Awards Cushman & Wakefield Commerce 700,000 square-foot Property Management Assignment in Las Vegas

LAS VEGAS, March 14, 2017 – Cushman & Wakefield Commerce announced today it has been selected by MIG Real Estate, LLC of Newport Beach, Calif, for property management of its entire Las Vegas portfolio, which includes six office and retail buildings totaling 701,348 square feet. This adds to the long-standing relationship MIG has had with Cushman & Wakefield Commerce.

Mar
7
Cushman & Wakefield Commerce’s Dana Baird Elected to Real Estate Advisory Board

SALT LAKE CITY, March 7, 2017—Dana Baird has been elected to serve on the Ivory Boyer Real Estate Center Board. Baird, who is the executive director of the Cushman & Wakefield Commerce office division in Salt Lake City, joins a board comprised of the major players in the Utah commercial real estate industry.

Mar
3
Cushman & Wakefield Commerce Brokers Sale of Portofino Villas in Northwest Las Vegas

LAS VEGAS, March 3, 2017 – Cushman & Wakefield Commerce announced it has negotiated the sale of Portofino Villas, a 280 unit apartment community at 6300 West Lake Mead Boulevard, Las Vegas. Millburn & Company purchased the property from the AXS Opportunity Fund.

Mar
2
Kip Paul Receives First Annual Cushman & Wakefield Commerce President’s Award

SALT LAKE CITY—Mar. 2, 2017— Cushman & Wakefield Commerce today announced that the recipient of the annual Cushman & Wakefield Commerce President’s Award is Kip Paul, executive director – investment sales in Salt Lake City, Utah.

Feb
23
Jennifer Levine of Cushman & Wakefield Commerce Wins 2017 NAIOP National Volunteer of the Year

LAS VEGAS—Feb. 23, 2017— Cushman & Wakefield Commerce today announced that Jennifer Levine, director of industrial real estate with Cushman & Wakefield Commerce in Las Vegas was named the 2017 NAIOP National Volunteer of the Year.

Feb
22
Cushman & Wakefield Commerce Announces Two Promotions

SEATTLE—Feb. 22, 2017— Cushman & Wakefield Commerce today announced two promotions in its Seattle office. Tony Kusak, SIOR, was promoted from Director to Executive Director. Will Carroll has been promoted from Associate to Senior Associate.

Feb
9
Molly Westbrook of Cushman & Wakefield Commerce Wins Utah Business Forty Under 40

SALT LAKE CITY—Feb. 9, 2016— Molly Westbrook of Cushman & Wakefield Commerce is being honored as a winner of Utah Business Forty Under 40. The annual award honors Utah’s up-and-coming professionals rising through the ranks at record speed.

Jan
31
Thomas & Mack Development Group Gives ‘Broker’ Some Love in a Unique Way

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.

Jan
17
Cushman & Wakefield Commerce Reports Utah Breaks $2 Billion Commercial Real Estate Investment Sales in 2016

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.

Jan
10
Dave Magee of Cushman & Wakefield Commerce Achieves SIOR Designation from Society of Industrial and Office REALTORS®

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.

Dec
19
Cushman & Wakefield Commerce Welcomes Commercial Real Estate Office and Investment Pro, Hughes McLaughlin

SEATTLE – Dec. 19, 2016 – The Seattle office of Cushman & Wakefield Commerce is pleased to announce the addition of Hughes McLaughlin as Senior Director to the team. He will focus his brokerage expertise on the office and investment markets.

Dec
12
Jeff Rossi of Cushman & Wakefield Commerce Wins Utah Business SAMY Award

SALT LAKE CITY—December 12, 2016— Jeff Rossi of Cushman & Wakefield Commerce is being honored as a Utah Business 2017 Sales Professional of the Year in their SAMY award. This distinction is an annual award given to Utah’s top sales and marketing professionals.

Dec
7
Cushman & Wakefield Commerce Negotiates Sale of 58-Acre Former Sawmill in Tacoma, Wash.

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.

Dec
6
KENWORTH SALES COMPANY PURCHASES LAND IN ST. GEORGE

St. George, UT – Dec. 6, 2016 – Kenworth Sales Company has purchased 27 acres of land, which includes the former Welcome Center/Rest Stop property, located on the northeast corner of the new exit 2 interchange that connects I-15 to the Southern Corridor and new St. George Airport.

Nov
29
Cushman & Wakefield Commerce Las Vegas Negotiates Portfolio Apartment Sale for Chinese Firm

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.

Nov
28
Pete Janemark from Cushman & Wakefield Commerce Las Vegas Earns CCIM Designation

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.

Nov
8
Cushman & Wakefield Commerce Brokers Sale of Salt Lake City State Street Property

SALT LAKE CITY, Nov. 7, 2016 – Cushman & Wakefield Commerce announced the sale of 3902 State Street, a 60,768 square foot Class C office building. The property was purchased by CMJC Health, LLC. The seller was the Ravarino Family Interests, a private local investment family.

Oct
24
125-Acre Governors Point in Puget Sound Offered For Sale; Available to Subdivide

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.

Oct
20
Alison Beddard Leads CREW Network 2017 Board of Directors

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.

Sep
29
Daniel Palmeri of Cushman & Wakefield Commerce Achieves SIOR Designation from Society of Industrial and Office REALTORS®

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.

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

Picture of 4524 Lawrence Street

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.