September 5, 2012

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Article

CBRE Announces New Firms at Downtown Office Center

Press Release

September 5, 2012

The Salt Lake City office of CBRE announced two new tenants at 175 South West Temple in downtown Salt Lake City.

The CBRE team of Barbara Johnson and Vic Galanis represented an undisclosed tenant who signed a lease to occupy 11,000 square feet of office space.

In a separate lease, Datamark, an educational research recruitment firm, took occupancy of 33,000 square feet of space.

The CBRE team of Scott Wilmarth and Nadia Letey represented Rob Tomlinson and Alton White of California-based Del Mar Partnership Inc., owner of 175 South West Temple, in both lease transactions.

Both tenants chose to relocate from suburban locations. “The location offers convenient access to downtown’s many amenities,” said Nadia Letey, associate at CBRE and leasing broker for 175 South West Temple. “The building is across the street from the Salt Palace Convention Center, within one block of a TRAX light rail line and less than two blocks of City Creek Center. The cost of the lease, including parking, also represented a better value compared to similar buildings in the suburban market.” Letey added that roughly 16,000 square feet of office space remains available for lease.

Currently, the 175 South West Temple building is home to seven tenants, including the Salt Lake Convention and Visitors Bureau, CBIZ and SkyWest Airlines. The tower was built in 1979 and underwent an extensive renovation in 2007. This year, the building features a newly renovated lobby, a new fitness center with men’s and women’s shower/locker rooms, and a shared conference center.

West Valley City - inthinc Technology Solutions Inc. selected ORBCOMM Inc. to provide wireless data services for inthinc’s breakthrough technology applications in the heavy equipment, oil & gas and commercial fleet industries in the United States.

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