SALT LAKE CITY— May 2, 2013—Cushman & Wakefield | Commerce announced today that Beijer Electronics, Inc. signed a new lease at the CentrePointe Business Park, a research and development park in Salt Lake. Anne Smart SIOR, director with Cushman & Wakefield | Commerce, represented CentrePointe Business Park and Andy Blunt, associate with CBRE, represented Beijer in the transaction.
Beijer Electronics, based in Sweden has offices in 19 countries. It is a rapidly-growing technology company, focused on industrial automation and robust data communication. Beijer Electronics, Inc. signed an eight-year lease for 44,450 square feet of high-tech R&D space.
Beijer will join other technology based tenants in the CentrePointe Business Park suchas Amedica. Going forward, CentrePointe C will soon be under construction for the Phase 11 of the project. This phase will offer approximately 107,000 SF for tenants of 25,000 SF or larger.
“The CentrePointe Business Park is an excellent fit for Beijer,” Smart said. “The campus was developed from the ground up by an experienced R&D developer out of Silicon Valley as a high-end, class-A park. It has everything a sophisticated R&D company would need including lab space, heavy power, water, high-efficiency HVAC, lighting systems and access to fiber. It is also conveniently located just 10 minutes from the airport, with direct access to I-215 and Highway 201 at Redwood Road. The CentrePointe office will enable Beijer to maintain its rapid growth.”
About Cushman & Wakefield |Commerce
Cushman & Wakefield |Commerce, an independently owned and operated member of the Cushman & Wakefield Alliance, has been the leading provider of real estate brokerage services for more than 30 years. Headquartered in Salt Lake City, the firm has offices throughout Utah, Nevada, Idaho and Washington. It offers consulting, brokerage, tenant and landlord representation, property and facilities management, and valuation services to corporations, institutions and investors throughout the Intermountain West and Pacific Northwest. For more information, and for property listings, broker information, market category reports and more visit www.comre.com.
About Cushman & Wakefield
Cushman & Wakefield is the world’s largest privately‐held commercial real estate services firm. The company advises and represents clients on all aspects of property occupancy and investment, and has established a preeminent position in the world’s major markets, as evidenced by its frequent involvement in many of the most significant property leases, sales and assignments. Founded in 1917 it has 243 offices in 60 countries and more than 14,000 employees. It offers a complete range of services for all property types, including leasing, sales and acquisitions, equity, debt and structured finance, corporate finance and investment banking, corporate services, property management, facilities management, project management, consulting and appraisal. The firm has more than $4 billion in assets under management through its wholly‐owned subsidiary Cushman & Wakefield Investors. A recognized leader in local and global real estate research, the firm publishes its market information and studies online at www.cushmanwakefield.com/knowledge.