Salt Lake City Archives

Tower Capital arranges $13M acquisition loan for Clift Building

Clift Building

Phoenix based structured finance firm, Tower Capital, recently arranged a $13,000,000 acquisition loan on behalf of Salt Lake City-based private investment group to acquire the historic Clift Building located in downtown Salt Lake City. The 105,000 square foot multi-tenant office building consists of nine floors and features a 5,500 square foot theater that is currently… Read More →

50-acre development site in Avondale sold for $2M


DTZ has announced the sale of ±50.1 acres on the southwest corner of Interstate 10 and 119th Avenue in Avondale to Avondale I-10, LLP, which purchased the land for $2 million ($0.91 PSF) from Salt Lake City investment firm FNBN Spectrum, LLC (dba Sorenson Group Management). DTZ Vice Presidents Brian Rosella and Will French represented… Read More →

Arizona Telemedicine Program names advisory board


The award-winning Arizona Telemedicine Program (ATP) at the Arizona Health Sciences Center of the University of Arizona has announced the appointment of the National Advisory Board of the Telemedicine and Telehealth Service Provider Showcase (SPSSM), to be held Oct. 6-7 at the Hyatt Regency in downtown Phoenix. The 24 nationally recognized thought leaders and health-care… Read More →

John Creer to lead ASU real estate activities


John P. Creer was named Assistant Vice President for Real Estate Development at Arizona State University (ASU). Creer comes to ASU from Coldwell Banker Commercial in Salt Lake City, Utah, where he has worked as a commercial real estate broker since August 2011. Morgan R. Olsen, ASU’s Executive Vice President, Treasurer and Chief Financial Officer,… Read More →