CBRE represents California-based REIT in sale of 4100 Bangerter
Salt Lake City— The Salt Lake City office of CBRE has announced the sale of 4100 Bangerter, a medical office building located in West Valley City. Marty Plunkett, Vickey Walker, Craig Thomas and Melissa McIntyre of CBRE represented the seller in the transaction.
4100 Bangerter is located at the intersection of 4100 South and Bangerter Highway in West Valley City. The former site of Granger Medical Clinic, the building has a total of 108,456 square feet and sits on 7.13 acres. Having recently been vacated by the previous tenant, the new owner has plans to convert the building into a series of condominiums equipped for medical, lab and office space. The building was 100% vacant at the time of sale.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.