Cushman & Wakefield | Commerce to Bring First Shared Executive Office Building to Park City

Solo or Small Business Owners, Independent Contractors and Telecommuters in Summit County Will Have the Advantages of a Professional Office Space, Without Commuting to Another Area of the State


PARK CITY, UT--(Marketwired - Feb 4, 2014) - Cushman & Wakefield |Commerce (www.comre.com) is bringing, for the first time, a shared office concept for professionals in Park City, Utah that will fill a pressing need for business people in the area. Assemble will provide 11,289 rentable square feet of individual offices, collaboration areas, meeting rooms and ancillary services at the new Cottonwood Building at Kimball Junction. The site is under construction and the owners plan to open the doors in March, 2014.

"Assemble will provide the Park City market with something it has never had -- a professionally operated, shared executive office suite in a beautiful, class 'A' environment," said David Nadler, Managing Partner of Assemble. "This will be an ideal solution for individuals, small companies, and other professionals who choose to live and work in Park City, but don't want the expense and commitment of being locked into a long-term lease. We have established this type of office concept in New York, California, Denver, Chicago, Atlanta and elsewhere. We have several clients signed up and are excited to see it already being embraced in Park City because of the cost-savings, flexibility and increased productivity this new office space will bring."

Assemble will provide up to 40 private, secure offices ranging in size from 100-200 square feet. For those who do not need a dedicated office space, Assemble will provide memberships where members and their guests can use the spacious, 5,000 square-foot, beautifully furnished open area at their convenience. This space provides tables, soft seating, group collaboration areas, wireless internet services TVs and conference rooms where people can meet with clients, deliver presentations and conduct business in a professional environment.

Tim Anker, Managing Broker of the Park City office of Cushman & Wakefield | Commerce, is representing Assemble. He said, "The shared space concept, while new to Park City, is a global trend that has enabled many small companies and individuals to thrive and grow their businesses. The complete class A office coupled with the flexible membership option is an ideal solution for many business people in the Park City area. It is a totally new way for them to enjoy cost savings, maintain or build a professional image, and take advantage of some amazing amenities that are hard to come by on a limited budget."

Typical startup costs are not required as there is no need to sign long term leases, build out office space or purchase furniture. Members can get set up for business in 20 minutes with practically everything they need, including their own phone number.

Tim Anker, Managing Broker of the Park City office of Cushman & Wakefield | Commerce represented the tenant. Janet West, Principal Broker of Sage Realty represented the landlord.

For more information on pre-leasing and membership, contact David Nadler at 435-200-1311 or david.nadler@assembleparkcity.com.

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About Cushman & Wakefield | Commerce

Cushman & Wakefield | Commerce, an independently owned and operated member of the Cushman & Wakefield Alliance, has been the leading provider of real estate brokerage services for more than 30 years. Headquartered in Salt Lake City, the firm has offices throughout Utah, Nevada, Idaho and Washington. It offers consulting, brokerage, tenant and landlord representation, property and facilities management, and valuation services to corporations, institutions and investors throughout the Intermountain West and Pacific Northwest. For more information, and for property listings, broker information, market category reports and more visit www.comre.com.

About Cushman & Wakefield

Cushman & Wakefield is the world's largest privately‐held commercial real estate services firm. The company advises and represents clients on all aspects of property occupancy and investment, and has established a preeminent position in the world's major markets, as evidenced by its frequent involvement in many of the most significant property leases, sales and assignments. Founded in 1917, it has 253 offices in 60 countries, employing more than 15,000 professionals. It offers a complete range of services for all property types, including leasing, sales and acquisitions, equity, debt and structured finance, corporate finance and investment banking, corporate services, property management, facilities management, project management, consulting and appraisal. The firm has more than $3.7 billion in assets under management globally. A recognized leader in local and global real estate research, the firm publishes its market information and studies online at www.cushmanwakefield.com/knowledge.

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