Commerce Real Estate Solutions is Up and Running in New Salt Lake City Headquarters
Please note the new Salt Lake City HQ contact information:
170 South Main Street, Suite 1600
Salt Lake City, Utah 84101
Main: 801.322.2000
Fax: 801.322.2040
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8 posts from November 2009
11/30/2009
11/24/2009
Commerce Real Estate Solutions Moving its HQ's
Box
Up The Leftovers, Then Box Up The Office
Holiday Means New Home For Commerce
Real Estate Solutions
November, 2009, Salt Lake City, UT – After boxing up Thanksgiving leftovers,
110 employees and agents of Commerce Real Estate Solutions
will box up their offices during the upcoming holiday weekend. Beginning at 3:00 a.m. the day after Thanksgiving,
they will move from the Chamber of Commerce Building (175 East 400 South),
their home for 22 years, to a new destination:
The 16th floor of 170 South Main Street. The structure is one of the city’s first
high-rises, and is currently registered for and undergoing an upgrade for LEED Certification.
Commerce
has managed 170 South Main since 2005 and handled leasing since 2006. While assisting with the LEED upgrade, Commerce
has also opted to purchase gently used office furniture, installed water
filters to avoid use of bottled water, and eliminated plastic utensils and cups
in its kitchen area, replacing them with washable items.
The owner
of 170 South Main, Switzerland-based UBS Realty Advisors, is seeking LEED Certification
on all of their major assets to match a major trend: Businesses and government service agencies
are beginning to demand environmentally friendly office space.
Why Move?
Over the
last ten years, Commerce has expanded three-fold. Just recently, the firm has observed new and
positive signs of life in commercial real estate. The move is part of an overall plan to accommodate
new, global economic energy.
“We’re
making several statements with our location change,” said Mike Lawson,
President and CEO. “First, by electing
to move into a building we manage and lease, we endorse the quality of the
overall office space and the efforts to protect the environment. Second, we make a statement to our global and
local clients that by being in the historic heart of the downtown financial
district, we lead in trend and real estate knowledge.”
The new space will total 16,000 square feet. There are currently 23 businesses located in the building, which is acclaimed for its architecture and quality of maintenance.
11/23/2009
2009 Third Quarter Las Vegas Retail Market Review
Read the 2009 Third Quarter Las Vegas Retail Market Review
http://www.commercecrg.com/reports/LV_09_3Q_Retail.pdf
2009 Third Quarter Las Vegas Office Market Review
Read the 2009 Third Quarter Las Vegas Office Market Review
http://www.commercecrg.com/reports/LV_09_3Q_Office.pdf
11/17/2009
Utah's Economy: Utah's Weak Job Market Persists
Utah's employment conditions remain very weak, particularly given Utah's historic position as a high growth state. Employment over the past year has declined by more than 51,000 jobs and the Utah Department of Workforce Services is projecting the state will lose close to 55,000 jobs in 2009.
Read the entire report:
11/16/2009
October 2009: Interest from Across the Nation and Canada
This map, for the month of October 2009, displays incoming calls to Commerce from across the US and Canada. These geographic areas indicate interest in Utah and Nevada. Click on the below link to download the map.
Commerce Mapping/GIS Group
The Business of Location
http://local.commercecrg.com/Mapping/Maps/PhoneCalls/10-09/IncomingCalls.pdf
11/04/2009
October 2009: Utah Food Bank, Staff VS Agents
Throughout the month of October, the Salt Lake Commerce office had a friendly competition, staff vs agents. The goal...which group could donate the most food to the Utah Food Bank. It was a close call, too close to name a winner. A huge thanks to everyone who donated canned goods as well as monetarily.
Cushman & Wakefield 3rd Quarter 2009 Global MarketBeat Report
Cushman & Wakefield Research is delighted to
present third quarter 2009 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.
Click here to see where
our data can take you today.
Timely, relevant updates and reports on the economy and commercial real estate world, with focus on the Utah, Nevada and Washington markets.
