Press Release brought to you by Newmark Grubb ACRES

Former Corsicana Bedding Building Sold to Standard Industries

12/08/2015

Newmark Grubb ACRES (NGA) is pleased to announce the sale of the former Corsicana Bedding Building to Standard Industries. This 155,106 square foot office/manufacturing facility is located at 879 South 4400 West in Salt Lake City, Utah.

NGA Executive Vice President Bryce Blanchard and Kelsie Akiyama represented the seller, BH Properties, in this transaction.

BH Properties is one of the country’s premier investors in commercial real estate. BH Properties has 25 years of proven performance and over 120 assets in 17 states. Headquarters are in Los Angeles, with regional offices in Dallas, Phoenix, and Salt Lake City.

Standard Industries is a restaurant supply company in the Midwest with nine locations across Utah, Nevada, Arizona, New Mexico, Colorado and Idaho. They provide restaurants nationwide with everything from equipment and furniture to menus and aprons. This recent acquisition will be their second distribution center in Salt Lake City.

12/08/2015 - 19:15

Source

Newmark Grubb ACRES

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