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Salt Lake City – The Ford Building has been acquired by the Kaufman Financial Group, parent company of international wholesale insurance broker Burns & Wilcox.
The Ford Building—an 84,500-square-foot office building located at 280 West 400 South in Salt Lake City—was originally the sales showroom for the Ford Motor Company. The two-story warehouse was renovated and converted into office space in December of 1999. It is known for the iconic “SLC Pepper” mural on the wall of the property’s parking structure. It is on the National Register of Historic Places.
“We had been searching for a high quality, historic downtown office building that would put Burns & Wilcox closer to our clients and attract top talent,” said Kaufman Financial Group Chairman, President and CEO Alan Jay Kaufman. “We are excited to add the Ford Building to our real estate portfolio and appreciate the hard work of CBRE in bringing us this opportunity.”
Burns & Wilcox currently operates from an office just south of the city. The Ford Building purchase will give the company an option to relocate downtown.
Originally designed by architect Albert Kahn, a Detroit icon, the Ford Building is Kahn’s only work in the Intermountain West.
Craig Thomas, CBRE Senior Vice President, represented the seller, Pioneer Partners, LLC, and CBRE Vice President Marty Plunkett represented the buyer.