ST. GEORGE, UT--(Marketwired - Apr 27, 2015) - The St. George, Utah office of Cushman & Wakefield | Commerce today announced the sale of three investment properties in Washington County.
"We are seeing some strong activity in investment sales across all sectors," said Travis J. Parry, Senior Director of Industrial / Investment in the St. George office of Cushman & Wakefield | Commerce. "The increase in investment sales this year is an indication that investors are coming back to the Washington County market and finding strong opportunities for quality asset purchases. All three of these recent transactions, which included two office buildings and an industrial building, were purchased by investors in Utah."
The following are Washington County investment properties sold:
Sun Valley
48 S 2500 W, Hurricane, Utah
Type: Office building
Seller: Southern Utah Real Estate Holdings, LLC
Buyer: K&D Family, LLC
Size: 17,930 square feet
Cushman & Wakefield | Commerce Brokers involved: Travis J Parry, Tom Callister & Andrew Sorensen
Tonaquint Campus Building C
912 W 1600 S, Building C, St. George, Utah
Type: Office building
Seller: Tonaquint Office Campus
Buyer: Dash Ranch, LLC
Size: 15,800 square feet
Cushman & Wakefield | Commerce Brokers involved: Travis J Parry, Tom Callister & Andrew Sorensen
1030 & 1076 E Commerce Drive, St. George, Utah
Type: Industrial building
Seller: Commerce Drive, LLC
Buyers: TWR Investments, LLC
Size: 70,000 square feet
Cushman & Wakefield | Commerce Brokers involved: Travis J Parry & Tom Callister
Social Links Connect with Cushman & Wakefield | Commerce:
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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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