02/06/2012

Cushman & Wakefield | Commerce Utah County Branch Continues to Grow with New Agents

OREM, UtahJanuary 30, 2011—Commerce Real Estate Solutions, an independently owned and operated member of the Cushman & Wakefield Alliance, announced today the hiring of Tim Flinders and Spencer Croshaw as retail associates of the firm’s Utah County Branch.

Both Flinders and Croshaw have been working in commercial real estate for eight years with experience in multiple industry sectors. Mary Street, Utah County branch manager of Commerce, says their hiring is another confirmation of her team’s goal of providing clients with “resources in knowledge, commitment to service and unmatched integrity.”

“We’re very excited to have these experienced brokers with high standards join our team,” said Street. “We value hard work, commitment to ethics and trust from our brokers and know that if those characteristics are overwhelmingly present in their client relationships, then successful transactions will come.”

Flinders and Croshaw cited their access to the broad resources of the Cushman & Wakefield | Commerce Alliance, as well as Commerce’s strong momentum and impressive reputation as reasons for wanting to join the firm.

The new agents will continue their experience in retail store and shopping center leasing by representing prominent retail tenants, landlords and developers. Flinders’ and Croshaw’s recent notable transactions include deals with: Biomat USA, Furniture Row, 123 Fit, Kmart and Sears. WinCo Foods, The Church of Jesus Christ of Latter-day Saints, IHC Work Med, Broadview University, Maverick, Marriot Hotel, Title West, WIC, Taco Time, and Craig’s Cuts

The full-service Utah County branch is located at 1180 South 800 East in Orem and houses 19 Commerce brokers operating in all market sectors of commercial real estate. 

Commercial Real Estate Veteran Jeffrey A. Boughrum Joins Cushman & Wakefield | Commerce in Las Vegas

Las Vegas—January 26, 2011—Commerce Real Estate Solutions, an independently owned and operated member of the Cushman & Wakefield Alliance, announced today that it has hired Jeffrey A. Boughrum as director of its Intermountain Hospitality Group.

A 36-year veteran in commercial real estate, Boughrum will lead the group in hotel, resort and gaming brokerage, property valuation, development consulting, and investment and financial services. His diverse experience features direct management of over $6.8 Billion in gaming and hotel property, as well as brokering the acquisition, sale and leasing of retail, industrial, office and hotel properties.

“Jeff is an immediate benefit to our clientele,” said Mike Hillis, managing partner of Cushman & Wakefield | Commerce’s Las Vegas branch. “We are confident his experience directing casino and hotel development around the world, as well as his extensive skills applied at forefront of commercial real estate, will be of significant value as he directs the success of our hospitality group.”

Previously, Boughrum was recruited by Showboat, Inc., as its chief development officer to secure casino land and riverboat venues domestically and internationally. With Showboat, he developed and opened the Sydney Harbour Casino in Australia, as well as the Showboat Casino in East Chicago, IN.

As president of Lepercq Development Corporation in New York, Boughrum founded a company that developed several franchised hotels. While at Ramada Inns, he led the development, finance and construction of 4-star Renaissance hotels in the eastern United States.

At Holiday Inns he managed both corporate property and franchise development of hotels in the Southwest. Boughrum was also instrumental in developing additional brands for Holiday—Hampton, Embassy Suites and Crowne Plaza.

His formative business management expertise began with A.T. Kearney Management Consultants where he advised several Fortune 500 companies on product planning, market strategy, corporate strategic planning and business development.

01/30/2012

2011 Year-End Utah Commercial Real Estate Market Reports

Ut year endComplete Utah Year-End Market Review

Salt Lake County Office Market Report

Salt Lake County Industrial Market Report

Salt Lake County Retail Market Report

Salt Lake County Investment Market Report

Davis County Market Report

Weber County Market Report

Utah County Market Report

Washington County Market Report

Summit County Market Report

Cushman & Wakefield 2011 4Q Global Marketbeat Reports Available

Cushman & Wakefield Research is pleased to present 4th Quarter 2011 Global Marketbeat Reports

The link below walks you through a brief flash introduction followed by a global map where you can download the latest MarketBeat reports from markets around the globe.

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Nevada's Economy: Wrap-up of 2011 Economic Conditions and Outlook for 2012

Nv economyThe growth rate of the U.s. economy slowed down sharply from fourth quarter 2010 to first quarter 2011. After that, U.S. economic growth accelerated for the next two quarters. A variety of monthly measures - including strong spending and increased manufacturing output - suggest that the growth rate of real GDP will prove to have been quite strong during fourth quarter 2011.

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01/24/2012

C&W Industrial Fact: U.S. Investment Sales Activity and Cap Rates

Ind fact

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Utah's Economy: A Highly Educated Work Force?

UteconTwenty-eight percent of Utah workers have a least a bachelor's degree. At this level of education, Utah ranks 20th among all states in educational attainment in the labor force. The state does not do quite as well in terms of advanced degrees. Nine percent of Utah workers have advanced degrees, which ranks 27th.

Highly educated workers are those benefitting from the improving job market both locally and nationally. At the national level the number of workers with a college degree has jumped by nearly 1.1 million over the past year while the number of workers with just a high school degree has fallen by 600,000 jobs.

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01/20/2012

Fourth Quarter 2011 Washington State Commercial Real Estate Market Reports

SeattleCBD_Office_Q42011_Page_1Seattle CBD Office Report

Seattle Non-CBD (Southend) Office Report

Seattle (Kent Valley) Industrial Report

Bellevue Office Report

Bellevue Industrial Report

01/10/2012

Cushman & Wakefield Industrial Fact: U.S. Manufacturing Employment vs. Net Absorption

Indfact
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Fourth Quarter 2011 Nevada Commercial Real Estate Market Reports

LasVegas_AMERICAS_MarketBeat_Office_Q42011inHouseUnProtected_Page_1Las Vegas Office Market Report

Las Vegas Medical Office Report

Las Vegas Industrial Market Report

Timely, relevant updates and reports on the economy and commercial real estate world, with focus on the Utah, Nevada and Washington markets.

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