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.

“We are seeing a large demand from investors for multifamily projects.” said Robert Lindsey, branch manager and investment specialist at Cushman & Wakefield | Commerce. “This apartment was one of the larger transactions in Cache Valley this year. It supports the assumption that investment funds are available and well-positioned properties are being sold quickly.”

The apartment complex is called Twin Creek Apartments and located in Logan, Utah. It has 123 units. The buyer was FRUP Logan LLC and the seller was Misty Rentals, Mindy Rentals and Julie Jensen. The broker was Rob Lindsey, who represented both sides of the transaction.

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About Cushman & Wakefield | Commerce

Cushman & Wakefield | Commerce, headquartered in Salt Lake City, Utah is an independently owned and operated member of the Cushman & Wakefield Alliance with offices throughout Utah, Nevada, Washington and Idaho. The firm partners with its sister company Cushman & Wakefield | NorthMarq to provide innovative commercial real estate solutions to occupier and investor clients, offering transaction services, capital markets services, occupier and investor services, and real estate advisory. Together the firms manage more than 52 million sq. ft. of retail, industrial, and office assets, have annual revenues of more than $100 million, and employ more than 750 professionals. Learn more at www.comre.com; www.cushwakenm.com. C&W | Commerce and C&W | NorthMarq are part of the Cushman & Wakefield platform, which is the world’s largest privately-held commercial real estate services firm with 250 offices in 60 countries globally. www.cushmanwakefield.com.

About Cushman & Wakefield

Cushman & Wakefield advises and represents clients on all aspects of property occupancy and investment. Founded in 1917, it has 259 offices in 60 countries, employing more than 16,000 professionals. It offers a complete range of services to its occupier and investor clients for all property types, including leasing, sales and acquisitions, equity, debt and structured finance, corporate finance and investment banking, appraisal, consulting, corporate services, and property, facilities, project and risk management. To learn more, click HERE.

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