Salt Lake City—Piper Sandler’s Utah public finance group has moved into its new Utah offices in the new Class A high-rise tower at 95 South State Street. The company’s Salt Lake City-based employees now occupy more than 4,200 square feet on the 24th floor of the building which was developed by City Creek Reserve and opened in 2022.
“We are thrilled to be in our new space in downtown Salt Lake City,” said Benjamin Becker, Senior Vice President of the Piper Sandler Special District Group. “This building has an amazing location right in the downtown core with spectacular views of the Utah Capitol and Wasatch Mountains.”
Piper Sandler began building out the space earlier this year with a focus on maximizing the expansive views and natural light. The floor plan accentuates the view corridor of the Utah Capitol building and skyline and features dynamic gathering spaces for the team. The building itself is a beautiful design with wrapped glass, unlike anything else in Utah and features a stunning lobby with an underground connection to Salt Lake City’s central shopping area.
Piper Sandler has been active in Utah since originating the Public Infrastructure District (PID) legislation four years ago and the opening of the new office signifies the planting of deep roots in the region. With the new office having capacity for Piper Sandler to grow the team to 15 employees, they are looking to expand as the market for infrastructure finance grows in the state.
“It is important for us to be downtown as we really believe in Salt Lake City and the future of Utah,” said Becker. “The central location and proximity to the airport make the office convenient for clients and colleagues in the industry while the residential building boom underway downtown makes it a vibrant spot for our team.”
Piper Sandler’s broker for the office space was Jeff Rossi of Newmark.
For more information about Piper Sandler, visit www.pipersandler.com.
ABOUT PIPER SANDLER
Piper Sandler Companies (NYSE: PIPR) is a leading investment bank driven to help clients Realize the Power of Partnership®. Securities brokerage and investment banking services are offered in the U.S. through Piper Sandler & Co., member SIPC and NYSE; in Europe through Piper Sandler Ltd., authorized and regulated by the U.K. Financial Conduct Authority; and in Hong Kong through Piper Sandler Hong Kong Limited, authorized and regulated by the Securities and Futures Commission. Alternative asset management and fixed income advisory services are offered through separately registered advisory affiliates. For additional information, visit www.pipersandler.com.
ABOUT PIPER SANDLER’S SPECIAL DISTRICT GROUP
The Piper Sandler special district group is comprised of 30+ dedicated professionals including bankers, quantitative team members and support staff with market-leading experience underwriting more than $15 billion in special district debt. Serving clients across the nation from offices in Denver and Salt Lake City, the group creates unique financing structures in partnership with local governments to fund the public infrastructure needs of growing communities. Special districts provide cities and counties access to low-cost, tax-exempt financing to fund the construction of roads, parks, open space, water, and wastewater infrastructure that are essential for sustainable economic growth. Leading the charge in raising capital for the full-range of development types including residential, commercial, industrial, and mixed-used projects, the special district group provides exceptional knowledge, un-matched experience, and industry-leading distribution capabilities to help navigate an increasingly complex market.