[delts145]

Originally Posted by Viperlord

A few bits of information:



2015 Salt Lake County Office Market report:

http://www.comre.com/uploads/reports...kpq4taa993.pdf

from the report:
"Although the suburbs have accounted for a majority of new
construction, the Central Business District (CBD) saw steel reach
to all 24 floors of the 111 Main building. The 440,452 sf building is
estimated to be complete in the fourth quarter of 2016. The
building is currently 42% pre-leased with significant activity that
ownership believes will lead to the building being almost
completely pre-leased when delivered."



Also, in late December I heard back from one of the people involved on the design team for the Boyer 151 tower......

from the design team member:
"Boyer has had success in leasing their other two buildings in the Downtown this year so they are hopeful to get going in 2016 with the new tower. It would be good timing for us."


Also, my company has been contacted by an out of state investment firm from California, that will be entering the Utah market for the first time. They plan to purchase an existing large apartment complex downtown (200-300 units). It will be an all cash offer to purchase the apartment complex. The seller has accepted their offer on the property. We will be assisting them with their due diligence & title process on the apartment complex property.

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