Press Release

CBC Advisors Brokers 10th Jersey Mikes Subs Location in Utah

CBC Advisors Brokers 10th Jersey Mikes Subs Location in Utah

Salt Lake City (September 27, 2017) The Bowler Retail Team (BRT) at Coldwell Banker Commercial Advisors (CBC Advisors) announced that Jersey Mikes opened its tenth Utah location. The sub sandwich chain opened its newest store in Riverdale at the newly developed Riverdale Town Square. Heather Bogden, Vice President–retail division at CBC Advisors, represented Jersey Mike’s in locating real estate for all 10 Utah stores.

Jersey Mike’s has taken the quintessential New Jersey sub shop experience and made it a nationwide hoagie habit. The fast-casual sub sandwich franchise has become the fastest-growing restaurant chain in the nation for the past three years. The company has doubled in size with 1,500 stores operating and under development nationwide. The chain added 197 new stores in 2016 alone.

“Jersey Mike’s Subs CEO Peter Cancro creates a family-like culture. Whether building subs or owning a store he treats everyone with equal respect.  It is surprising how many franchisees start working for the company and then become owners/franchisees themselves,” said Ms. Bogden.

CBC Advisors operates as a full-service commercial real estate brokerage, representing world-class industrial, investment, multifamily, office and retail properties nationally. The Bowler Retail Team at CBC Advisors advises tenants and landlords throughout the Intermountain West and Alaska with a focus on tenant representation, as well as lease and sale of shopping centers

Mark Jensen Receives ‘50 Under 40’

Mark Jensen Receives ‘50 Under 40’

Salt Lake City (October 25, 2017) – Coldwell Banker Commercial Advisors (CBC Advisors) today announced that Mark Jensen, executive vice president at CBC Advisors, was honored among Real Estate Forum’s 2017 “50 Under 40.”

The “50 Under 40 feature showcases high-achieving and innovative young professionals who have made their marks on the commercial real estate industry in various ways, from closing billions of dollars’ worth of transactions to creating products that alter future business practices. Award recipients were selected from hundreds of standout nominations from markets across the U.S.

“Mark has become a standout in the industry,” said Brandon Fugal, chairman at CBC Advisors. “His work ethic, unparalleled drive for success, and client-first mentality allow him to consistently rank among the top investment experts in the West.”

Over the course of a decade-long career, Jensen has become one of the highest-producing commercial real estate investment brokers in the Intermountain West region. He has handled more than $1 billion in total transaction volume, having closed over $120 million in transactions within the last 12 months alone. Within the past three months, he has been personally responsible for organizing 64% of the state of Utah’s brokered apartment transactions.

“Receiving recognition from Real Estate Forum is an honor,” said Jensen. “I am fortunate to work with the best clients and most talented team available. We look forward to delivering the most dominant investment brokerage platform in the West.”

CBC Advisors operates as a full-service commercial real estate brokerage, representing world-class industrial, investment, multifamily, office and retail properties nationally. The firm’s Asset Services division manages a portfolio of commercial properties in excess of 24 million square feet.

Coldwell Banker Commercial Advisors Named to Utah 100

Coldwell Banker Commercial Advisors Named to Utah 100

Salt Lake City (October 10, 2017) Mountain West Capital Network (MWCN) named Coldwell Banker Commercial Advisors (CBC Advisors) to the 2017 Utah 100. The list recognizes Utah’s fastest-growing companies. Recipients were selected by the percentage of revenue increase each company experienced between 2013 and 2017. MWCN revealed the Utah 100 list at its 23rd annual awards ceremony, held at the Grand America Hotel in Salt Lake City. CBC Advisors ranked No. 74 out of 100 companies.

“It is an honor to be recognized among such an elite group of companies,” said Brandon Fugal, chairman of CBC Advisors. “We look forward to continued success as we grow our operations and expand our disruptive approach to the commercial real estate brokerage in key markets nationally.”

Since 2012, CBC Advisors has grown 362%. It has expanded from four offices located in the Intermountain West to 30 full-service commercial real estate offices in dynamic primary markets coast to coast. As of 2017, the firm completed $4.53 billion in commercial real estate transactions and managed a portfolio comprising over 24 million square feet of commercial properties nationally.

“We congratulate all of this year’s Utah 100 companies for building outstanding businesses and making strong contributions to Utah’s economy,” said Reed Chase, chairman of the MWCN Utah 100 committee. “These companies further advance Utah’s standing as an excellent place to do business.”

CBC Advisors has long been considered one of the most recognized and trusted brands in commercial real estate, holding the designation of the top performing Coldwell Banker Commercial company globally for the past 14 consecutive years. Coldwell Banker Commercial operates in 46 countries with professionals closing over 14,000 commercial real estate transactions worldwide.

CBC Advisors Brokers 45,000 SF Retail Lease

CBC Advisors Brokers 45,000 SF Retail Lease

Salt Lake City (September 28, 2017) The Bowler Retail Team (BRT) at Coldwell Banker Commercial Advisors (CBC Advisors) today announced Burlington will occupy 45,000 square feet in the Commons at South Towne. BRT brokers Steve Bowler, executive vice president–retail services, and Heather Bogden, vice president–retail services, represented the landlord, Thackeray Company, in the transaction.

“Burlington will occupy the existing Sports Authority space,” said Ms. Bogden. “45,000 square feet represents a significant amount of space for a single tenant. This transaction is indicative that retailers seeking larger storefronts continue to search for A+ real estate opportunities to expand throughout the Wasatch Front.”

Burlington is a leading off-price apparel and home product retailer. The company maintains 567 stores in 45 states and Puerto Rico, offering a large assortment of current, high-quality, designer and name-brand merchandise at up to 65% off other average retail prices.

“Burlington is no longer the Burlington Coat Factory of years passed,” said Ms. Bogden. “The store carries name brand clothing, shoes, jewelry and accessories, bedding, home goods and more.”

CBC Advisors operates as a full-service commercial real estate brokerage, representing world-class industrial, investment, multifamily, office and retail properties nationally. The Bowler Retail Team at CBC Advisors advises tenants and landlords throughout the Intermountain West and Alaska with a focus on leasing and listing shopping centers, restaurants and other retail centers.

Marquee Five-Story Office Tower Announced in Silicon Slopes

Marquee Five-Story Office Tower Announced in Silicon Slopes

Lehi, Utah (September 21, 2017) –  Gardner Company, Staker Company, WPI, CBC Advisors and L&T today announced the development, construction and leasing of Lone Peak Plaza.  Combining master planned access, the ability to achieve optimal density and thoughtful land use, the new five-story, Class-A office tower delivers unique potential to the dynamic North Utah County market.

“Lone Peak Plaza sets a new standard within the heart of Silicon Slopes,” said Brandon Fugal, chairman of CBC Advisors. “Its premier location, unmatched access to I-15 and exposure to an average daily traffic count of 170,000 create one of the marquee developments in the Intermountain West.”

The development provides visibility from I-15 with rare and direct access to the building from the SR-92 exit. Architectural design features uninterrupted views, floor-to-ceiling glass and contemporary Class-A finishes. Tenants of the facility will have access to basketball courts, lockers and showers.

Nature’s Sunshine Products, a leading natural health and wellness company with a global direct sales force of more than 500,000 in more than 40 counties, has already executed a long-term lease to occupy space as the building’s anchor tenant. With 60,000 square feet available on Floors 4, 3 and 2, pre-leasing will commence immediately as building construction nears completion.

Mary Street Awarded ‘Women of Influence’

Mary Street Awarded ‘Women of Influence’

Salt Lake City (September 5, 2017) – Coldwell Banker Commercial Advisors (CBC Advisors) today announced that Mary Street, senior vice president of land and investment sales, was honored among Real Estate Forum’s Women of Influence 2017.

For the 24th consecutive year, Real Estate Forum profiled women whose achievements have shaped and changed the commercial real estate industry. Recipients were selected from hundreds of standout nominations from markets across the United States.

“The number one attribute that makes Mary an effective commercial real estate broker is her ability to deliver results to the client,” said Lew Cramer, CEO of CBC Advisors. “Mary is a tremendous professional and represents everything we stand for at CBC Advisors.”

In addition to being named Women of Influence, Utah Business named Street to its 30 Women to Watch list in 2017. Street also was named a finalist at CCIM’s Excellence Awards as Investment Broker of the Year in 2017 and Multifamily Broker of the Year in 2016.

Street consistently ranks as a top performing broker nationally. Her team completed over 60 commercial real estate transactions in 2016, averaging almost 1.5 transactions per week. She holds several positions within distinguished affiliations, serving as a city councilwoman, member of CCIM, member of Commercial Real Estate Women (CREW) and member of the Governor’s Commission on Aging.

“This is a tremendous honor,” said Street. “It is a privilege to work with such a talented team at Coldwell Banker Commercial Advisors. We look forward to building on our market-leading service to position our clients for continued success.”

CBC Advisors operates as a full-service commercial real estate brokerage, representing world-class industrial, investment, multifamily, office and retail properties nationally. The firm’s Asset Services division manages a portfolio of commercial properties in excess of 24 million square feet.

CBC Advisors Awarded Second Straight “Fast 50”

CBC Advisors Awarded Second Straight “Fast 50”

Brandon Fugal Accepts Fast 50

Salt Lake City (August 30, 2017) – Utah Business named Coldwell Banker Commercial Advisors (CBC Advisors) to its Fast 50 for the second consecutive year. The annual list orders the fastest growing companies in Utah through an algorithm that weighs both total revenue and revenue growth. CBC Advisors ranked #17 on the list in 2017, moving up 23 places from #40 in 2016.

“It is an honor to be recognized among such an elite group of companies,” said Brandon Fugal, chairman of CBC Advisors. “Our firm has experienced tremendous growth over the past four years. We look forward to growing operations as our organization continues to deliver a disruptive approach to the commercial real estate industry in key markets nationally.”

Since 2013, CBC Advisors has grown 362%. It has expanded from four offices located in the Intermountain West to 30 full-service commercial real estate offices in dynamic primary markets coast to coast. At the close of 2016, the firm completed $4.53 billion in commercial real estate transactions and managed a portfolio comprising over 24 million square feet of commercial properties nationally.

CBC Advisors has long been considered one of the most recognized and trusted brands in commercial real estate, holding the designation of the top performing Coldwell Banker Commercial company globally for the past 14 consecutive years. Coldwell Banker Commercial operates in 46 countries with professionals closing over 14,000 commercial real estate transactions worldwide.

 

CBC Advisors Brokers Nearly 50,000 SF of Class A Office Space Across the Wasatch Front

CBC Advisors Brokers Nearly 50,000 SF of Class A Office Space Across the Wasatch Front

Salt Lake City, UT (August 28, 2017) — Coldwell Banker Commercial Advisors (CBC Advisors) today announced the sale of a Class A office building at 121 S Orem Blvd. in Orem and a multi-tenant office building in Taylorsville. Colleen Carey, senior vice president at CBC Advisors in Glendale, Calif. along with fellow Salt Lake City CBC Advisors brokers Rawley Nielsen, president of investment sales, and Darren Nielsen, investment sales associate, represented a private buyer in both transactions.

“It was a pleasure to represent our client in these transactions,” said Carey. “By leveraging CBC Advisors’ national platform of offices, we established a real estate strategy to deliver enhanced value across state lines.”

The Orem office is a 9,700 square-foot, single tenant medical office property leased to Fresenius Kidney Care. The 849 Levoy office in Taylorsville is an approximate 40,000 square-foot, multi-tenant office property located in Taylorsville. Chris Kirk, managing director, and Travis Yates, vice president of CBC Advisors, listed the building.

Colleen Carey and Bill Ukropina, managing principal of the CBC Advisors Glendale, previously represented the same client in the sale of a 35,000 square-foot multi-tenant office property at 959 E Walnut in Pasadena, CA, in April of this year.

As a full-service commercial real estate brokerage, CBC Advisors represents world-class office, retail, investment, industrial and multifamily projects while providing institutional-grade asset services nationwide. More than 500 CBC Advisors professionals advise clients from 30 offices coast to coast with more than 20 million square feet under management.

 

Chris Turner Joins CBC Advisors

Chris Turner Joins CBC Advisors

Salt Lake City (August 24, 2017) – Coldwell Banker Commercial Advisors (CBC Advisors) is pleased to announce that Chris Turner is joining the newly expanded downtown Salt Lake City office at 111 Main as an investment analyst. He will work in partnership with Mark Jensen, who recently joined the firm as executive vice president, as CBC Advisors continues to build its rapidly expanding investment services division.

“Chris is a rising star in the commercial real estate industry and brings incredible momentum to our dynamic new downtown Salt Lake City office,” said Brandon Fugal, chairman of CBC Advisors.

Turner joins CBC Advisors from Newmark Grubb ACRES, where he worked with the top producing multifamily brokerage team in Utah, ARA Newmark. In just the past 10 months he has underwritten nearly $125,000,000 of commercial property ranging from 4 plexes to 411-unit apartment communities, in addition to completing comprehensive rent surveys in numerous submarkets and analyzing the operating expense data of 30,000 units across the Wasatch Front.

CBC Advisors is the largest full-service brokerage in Utah and has long been considered one of the most recognized and trusted brands in commercial real estate, holding the designation of the top performing Coldwell Banker Commercial operation globally for 14 consecutive years. CBC Advisors represents world-class office, retail, investment, industrial and multifamily projects nationwide with multiple offices in Salt Lake County along with Utah County and Southern Utah.

Dan Simons Joins CBC Advisors as Senior Vice President

Dan Simons Joins CBC Advisors as Senior Vice President

Salt Lake City (August 23, 2017) –Coldwell Banker Commercial Advisors (CBC Advisors) today announced that Dan Simons has joined its Salt Lake City office as senior vice president. The move comes as CBC Advisors continues to expand operations and service throughout the Wasatch Front. Simons is widely considered one of the most successful and influential commercial real estate brokers in the Intermountain West with nearly 40 years of experience working in the Utah commercial real estate market.

“Dan brings a storied resume and unmatched skillset with over four decades of experience leading the commercial real estate industry,” said Brandon Fugal, chairman of CBC Advisors. “His contributions to the market have created many of the most prominent and recognized legacy developments in Utah.”

In the past, Simons previously served as branch broker at NAI West. He also held positions at Newmark Grubb ACRES and NAI Utah. Simons served as the director of real estate at Larry H. Miller Group, guiding the development of Jordan Commons. He was also the economic development director for Sandy City and past chair of the Sandy Area Chamber of Commerce. In these capacities, Simons has helped lead Sandy to become one of the foremost destinations for commercial growth in the Intermountain West with the introduction of marquee developments such as The Cairns. He served as commissioner of the Utah Division of Real Estate and past president of Thanksgiving Point Development.

“Dan’s professional accomplishments are noteworthy,” said Fugal. “His leadership will play a critical role as CBC Advisors continues to set the tone for commercial growth at the Point of the Mountain and across the Wasatch Front.”

CBC Advisors is the largest full-service brokerage in Utah and has long been considered one of the most recognized and trusted brands in commercial real estate, holding the designation of the top performing Coldwell Banker Commercial operation globally for 14 consecutive years. CBC Advisors represents world-class office, retail, investment, industrial and multifamily projects nationwide with multiple offices in Salt Lake County along with Utah County and Southern Utah.

Page 1 of 912345...Last »