SOURCE: Cushman & Wakefield | Commerce
SALT LAKE CITY, UT--(Marketwired - Apr 17, 2014) - Cushman & Wakefield | Commerce today announced the completion of two transactions involving the purchase of land and an industrial property to be the future home of a centralized operations center for Salt Lake County's Parks Department and County Public Works.
Salt Lake County was represented in the two transactions by Charlie Davis, Executive Director - Industrial Sales & Leasing of Cushman & Wakefield | Commerce.
The land purchase included 15 acres located at 6350 S. Airport Road, West Jordan, Utah. The industrial transaction also included 54,000 square feet located at 6404 S. Airport Road, West Jordan, Utah.
"This transaction posed some particular challenges for the county regarding their specific needs for space, location and usage," Davis said. "This new centralized site will allow the County to consolidate several of its operations which are now at less convenient locations. The savings in employee time and fuel resources will be significant."
The site will include administrative offices, as well as storage for maintenance equipment, county vehicles, salt for snow removal, fuel tanks for county vehicles, and several other amenities.
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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 243 offices in 60 countries and more than 14,000 employees. 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 $4 billion in assets under management through its wholly‐owned subsidiary Cushman & Wakefield Investors. A recognized leader in local and global real estate research, the firm publishes its market information and studies online at www.cushmanwakefield.com/knowledge.