Washington County experiencing increased investment sales as investors come back into the market

Sun Valley building, Hurricane, Utah, date not specified | Photo courtesy of Photo courtesy of Cushman & Wakefield | Commerce, St. George News

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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