CBRE Selected for Leasing and Management of South Towne Corporate Center
12 May 2020
CBRE’s Salt Lake City office has been selected to oversee the leasing and management of South Towne Corporate Center, two premium Class-A office towers located on nearly 11 acres in Sandy, Utah. Scott Wilmarth, Nadia Letey and Melina Miramontes will oversee the leasing of the property.
A premiere office development, South Towne Corporate Center (the Center) is located east of I-15 with access from both the 90th South and 106th South freeway exits, as well as the newly completed connector via Monroe Street. Situated within the main business row of Sandy in the Silicon Slopes technology corridor, the site boasts a central location that provides easy access for a workforce spanning the entire Wasatch Front. Currently there are two full floors available for lease in the Center’s total 262,219 sq. ft.
“South Towne Corporate Center offers the feeling of a downtown environment outside of the city center,” noted Nadia Letey, first vice president, CBRE. “The site has access to an abundance of retail and dining options, all within minutes of Utah’s world-class skiing and outdoor recreation. It truly offers the best of both worlds—a mix of outdoor play and entertainment options conveniently close to the office.”
The properties feature two-story wood- and stone-clad lobbies; efficient floor plates; three high-speed elevators in each building; base storage; and "smart building" high-tech features, such as CAT 6 wiring and computer-controlled access monitors and upgraded electrical and command security systems. They also include covered parking with a parking ratio of 5.1/1,000 sq. ft. The buildings are owned by EverWest and Independencia, two institutional real estate investment firms.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.