Judge building sold
http://www.sltrib.com/business/ci_6247010
Rick Davidson, NAI Utah investment broker, said rising rents have increased interest in downtown buildings office space, citing the recent sale of the Boston Building a bit more than a block farther south on Main Street.
"As a result of higher lease rates, investors are willing to give the buildings new life and put money into renovating previously rundown space," he said. "They're seeing good returns on their investments."
Hopefully this translates into more towers as well.