Cache
Cache, UT · Real Estate
utahbusiness.com
DRAY Logistics Group at Newmark Mountain West facilitates 98,820-square-foot investment sale in Sandy, UT
SALT LAKE CITY — Newmark Mountain West, the leading full-service commercial real estate brokerage in the Intermountain Region, is pleased to announce the investment sale of a 98,820-square-foot industrial building on Parkland Drive in Sandy, Utah to ARKA Properties Group. The building was previously owned by a private Southern California developer. Lucas M. Burbank, Jeff Heaton, Kyle S. Roberts, and Kelsie Akiyama of the DRAY Logistics Group at Newmark Mountain West represented both the buyer and seller.
buildingsaltlake.com
SLC Council approves adjusted tax deal for Silo Park in Granary District
After a testy hearing last month, city officials approved a multi-million dollar tax increment agreement for a new development in the Granary District. Members of the Salt Lake City Council, acting as the board of the city’s Community Reinvestment Agency, voted 6-1 on Tuesday to approve a tax increment reimbursement request for the Silo Park development. The roughly 8.2-acre project would add 740 housing units to the block between 500-600 South and 400-500 West.
hoodline.com
L.A. Landlord Quietly Seals Deal for Lehi’s Drexler Townhomes
Gelt Venture Partners has picked up Drexler Townhomes, a newly built 117-unit Class A townhome community in Lehi’s Holbrook Farms, in an off-market deal that adds another sizable Utah asset to the Los Angeles firm’s portfolio. The roughly 10.8-acre spread of two, three, and four-bedroom townhomes opened in 2023, and Gelt is eyeing a modest value-add plan that leans heavily on one feature many renters barely think about: the basement.
utahbusiness.com
The Point issues call for private-sector developers to build River District for-sale housing
DRAPER, Utah — The Point of the Mountain State Land Authority announced the release of a Request for Statements of Qualifications (RFSQ) seeking one or more private-sector developer/builder to deliver approximately 50 acres of for-sale housing within the River District at The Point, marking another significant milestone in the transformation of the former Utah State Prison site.
utahbusiness.com
Colliers represents Eide Bailly in relocation to 650 Main in Downtown Salt Lake City
SALT LAKE CITY — Colliers announced it has represented Eide Bailly, a leading accounting and business advisory firm, in its 21,248-square-foot lease at 650 Main, a newly delivered Class A office tower in downtown Salt Lake City. Located at Main Street and 600 South, the property provides improved accessibility for employees and clients while supporting Eide Bailly’s long-term operational goals.
KPCW
Mountainlands honors longtime Wasatch Back affordable housing advocate Scott Loomis
Mountainlands Community Housing Trust hired Scott Loomis as its first executive director in 2001. He retired in 2021 and has continued to serve the organization as a consultant and interim director when needed. Loomis said Park City was ahead of its time in recognizing the need for affordable housing. “When...
kuer.org
Their hearts were set on Salt Lake’s Central City. A fixer-upper was their way in
Summer is a go-to time for home buying or home remodeling. For young adults across the U.S. who are finding that buying a home is becoming even harder, it’s probably neither. But for Belle Barnes and Joel Roop-Eckart, it’s both. The couple scored a home in an area...
Yahoo!
She Made Thousands Renting Out Her Pool—Now She Wants Buyers To Pay Extra for the Business
"This house makes money. This house will pay half your mortgage." That's the bold claim of one Emily Pulver, a homeowner in South Jordan, UT, just outside Salt Lake City. She is selling her six-bedroom, 3.5-bath home, listing the property at $1,575,000 in a town where the median selling price currently hovers around $600,000.
lehifreepress.com
Saturday’s marker unveiling to honor two historic Main Street enterprises
The Lehi Historical Society will unveil the Lehi Union Exchange and Racker Mercantile Historical Marker on Sat., July 11, at 10 a.m. at 242 W. Main St. The public is invited to attend this free community event celebrating one of the most significant commercial sites in Lehi’s history. The...
buildingsaltlake.com
Developers wanted: Draper’s The Point seeks proposals to build variety of for-sale housing units
As it prepares to go vertical later this year, Draper’s The Point is now turning its sights to a new aspect of the roughly 600-acre redevelopment. The Point announced earlier this week it was issuing a Request for Statement of Qualifications (RFSQ) for its River District, which aims to be the home to hundreds of for-sale housing units in the future. The redevelopment is now seeking one or more development partners to build on around 50 acres in the development’s western side.
FOX 13 News
Is Summer the best season for buying homes in Utah? Officials say yes
ABC4
Utah seeks developers for housing project at former Utah State Prison site
Jason cook, battalion chief for Layton city fire department just before 4p, multiple reports behind weber davis campus "very scary" for first 30 minutes - were on scene for 1:30 to 2 hours wind-driven fire that burned from north to south side of field (started in field) several trailers threatened, 4 had minor-moderate damage, 1 total loss ~30 families evacuated, lots self-evacuated and went to local high school letting people back in now, fire is contained burned little over 7 acres - used drones to verify it was reported that there were a few juveniles in the area, whom authorities are now interviewing LCFD actually required that field to be mowed and a fire break added recently reminder to community that even innocuous acts can lead to displacement, loss of property
themortgagepoint.com
Rental Affordability: ‘The Pendulum Has Finally Swung’
For around five years, individuals renting homes struggled to find relief. Rental rates increased more rapidly than salaries, resulting in apartment hunters participating in competitive bidding for average units. Vacancy levels remained close to all-time lows, and the perks that usually made leases more appealing largely disappeared as landlords retained control. At the peak of the rental boom in 2022, apartment rents were climbing at nearly 16% per year. While rents have continued to rise over the years, this spring has brought a much-needed change, benefiting renters.
utahbusiness.com
Birkhall Lofts in Murray, expanding affordable senior housing options for adults 62+
MURRAY, Utah — Birkhill Lofts, LLC is pleased to announce the grand opening of Birkhill Lofts, a new affordable senior housing community serving adults age 62 and better in the heart of Murray, Utah. Located at 4277 S. Main Street in Murray, UT, Birkhill Lofts provides 67 thoughtfully designed...