SALT LAKE CITY--(EON: Enhanced Online News)--The Utah region office of Coldwell Banker Commercial NRT (CBC) today announced it has finalized pre-lease agreement negotiations between Durham Jones & Pinegar (DJP), one of Utah’s largest business and commercial law firms, and Thanksgiving Park, a 1-million-square-foot business park development located in Lehi on the I-15 freeway. The 30,000-square-foot lease kicks off development of a new five-story building, Thanksgiving Park 5, which is currently under construction. DJP plans to relocate its Utah County law office from the Riverwoods in Provo to its new, larger office space in Lehi by Oct. 1, 2014.
“Following an extensive survey of the market this past year, we are thrilled to see DJP expand and relocate to Thanksgiving Park”
“Following an extensive survey of the market this past year, we are thrilled to see DJP expand and relocate to Thanksgiving Park,” said CBC Executive Vice President Brandon Fugal. “The Lehi location, combined with Thanksgiving Park’s Class A amenities, offers the firm the perfect environment for clients and staff.”
According to Paul Durham, a founder and director of Durham Jones & Pinegar, the relocation represents a strategic business move: “This new office space will align us nicely with the significant business and residential growth currently underway in that part of Utah County. It will help us accommodate our firm’s growth, improve client access, and bring our lawyers closer to several important firm clients in this area. Working with Brandon Fugal at CBC greatly aided us in making this strategic decision.”
With over 1.5 million square feet under development, ownership, and management, Thanksgiving Park is the first Class A spec office park in the state of Utah to achieve a LEED Silver rating. Thanksgiving Park anchor tenants include Microsoft, Vivint, Nature's Sunshine, AtTask, Sorenson Capital and Digicert, among others.
About Coldwell Banker Commercial NRT (Utah)
Coldwell Banker Commercial NRT (CBC NRT) in Utah is based in Salt Lake City and is one of four offices in the Western region of the United States. Operating as part of the Coldwell Banker Commercial NRT brand, CBC NRT (Utah) employs more than 90 licensed brokers. In 2012, the Utah Region office was named the #1 Global Office among the Coldwell Banker Commercial network for the 11th consecutive year. It was also awarded the Top Property Management Company in 2012 for the entire CBC organization. For additional information, visit www.coldwellutah.com or call (801) 947-8300.