ST. GEORGE — The St. George office of Cushman & Wakefield | Commerce announced on April 27 the sale of three investment properties in Washington County.
“We are seeing some strong activity in investment sales across all sectors,” Travis J. Parry, Senior Director of Industrial Investment in the St. George office of Cushman & Wakefield | Commerce, said. “The increase in investment sales this year is an indication that investors are coming back to the Washington County market and finding strong opportunities for quality asset purchases. All three of these recent transactions, which included two office buildings and an industrial building, were purchased by investors in Utah.”
The following are Washington County investment properties sold:
- Sun Valley
48 S. 2500 W., Hurricane, Utah
Type: Office building
Seller: Southern Utah Real Estate Holdings, LLC
Buyer: K&D Family, LLC
Size: 17,930 square feet
Cushman & Wakefield | Commerce Brokers involved: Travis J Parry, Tom Callister & Andrew Sorensen - Tonaquint Campus Building C
912 W. 1600 S., Building C, St. George, Utah
Type: Office building
Seller: Tonaquint Office Campus
Buyer: Dash Ranch, LLC
Size: 15,800 square feet
Cushman & Wakefield | Commerce Brokers involved: Travis J Parry, Tom Callister & Andrew Sorensen - 1030 & 1076 E. Commerce Dr., St. George, Utah
Type: Industrial building
Seller: Commerce Drive, LLC
Buyers: TWR Investments, LLC
Size: 70,000 square feet
Cushman & Wakefield | Commerce Brokers involved: Travis J Parry & Tom Callister
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Industrial building, St. George, Utah, date not specified | Photo courtesy of Photo courtesy of Cushman & Wakefield | Commerce, St. George News
Industrial building, St. George, Utah, date not specified | Photo courtesy of Photo courtesy of Cushman & Wakefield | Commerce, St. George News
Tonaquint Campus building, St. George, Utah, date not specified | Photo courtesy of Cushman & Wakefield | Commerce, St. George News