Cushman & Wakefield | Commerce Opens Pre-Leasing for 111 Main Office Tower. Pre-leasing now available for premier 24-story office tower in downtown Salt Lake City
SALT LAKE CITY—Sept. 30, 2013—Cushman & Wakefield | Commerce (www.comre.com), today announced the availability, via pre-lease, of cutting-edge office space in Salt Lake City’s next exclusive office building, 111 Main Office Tower. This world-class, 24-story addition to the city’s skyline has been designed by the internationally renowned architectural firm, Skidmore Owings & Merrill and developed by Hamilton Partners.
Chris Kirk, Senior Director of Office & Investments for Cushman & Wakefield | Commerce is the leasing broker for 111 Main Office Tower. He said, “This beautifully designed architectural icon reflects the strength of Utah’s prime urban center in Salt Lake City. 111 Main’s premier business address will provide tenants with the opportunity to work in the heart of downtown, just steps away from exclusive shopping at City Creek, cultural events including the new adjacent Utah Performing Arts Center, plentiful parking, public open space and mass transit. It is an ideal space for progressive companies looking to be located in the heart of one of the strongest business centers of the country.”
The ground floor will feature retail, while the upper floors offer 440,000 rentable square feet (rsf) of office area. The average floor size will consist of 21,000 rsf floor plates, column-free design, floor-to-ceiling glass, with 9 foot ceilings and 16-inch raised floors throughout, which will enable rapid, total customization to meet tenants’ exacting needs. It will be directly adjacent to the new Utah Performing Arts Center (UPAC) on Main Street with easy access to mass transportation, including a TRAX (light rail) station on the corner across the street.
Preliminary designs include numerous technological considerations for 111 Main such as redundant data and electric feeds from independent substations, voice and data lines with fiber optic capabilities and a location for tenant generators will be made available. State-of-the-art and customizable security systems with turn-styles and 24-hour manned security will be part of the building’s offerings. The design includes innovative seismic engineering standards and to increase energy conservation, it will be equipped with fully automated HVAC systems. When completed, it is anticipated the building will be awarded a LEED Gold Certification.
The development is scheduled to break ground in the summer of 2014 and tenants may take occupancy as early as Q2 of 2016. For project updates visit,www.111mainblog.wordpress.com. For pre-leasing information see http://www.youtube.com/watch?v=YOLT1HB1w1A
About Hamilton Partners
Hamilton Partners, Inc. is a full service real estate investment firm headquartered in the Chicago suburb of Itasca, Illinois. Over the past 40 years, the company has developed and continues to own several of the Chicago area’s most prestigious and financially successfully office, industrial and retail centers. Hamilton Partners is committed to the enhancement of the business community of Utah by providing world-class commercial space in which to do business. As with any project completed by Hamilton Partners, 111 Main will be state-of-the-art and will provide the latest in technology, safety enhancements and best practices.
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.