Newmark Grubb ACRES Brokers Investment Sale of 13,633 Square Foot Office Building
Newmark Grubb ACRES is pleased to announce the investment sale of a 13,633 square foot office building located at 1570 North Main Street in Spanish Fork, Utah. This location will be used as the new headquarters for Five Star Franchising.
Newmark Grubb ACRES Vice President Preston Davis and Associate Kevin Ford represented both parties in the complicated sale-leaseback transaction. The seller was Canuck Ventures LLC. The buyer was Five Star Franchising.
Five Star Franchising is a Utah-based company that focuses on bringing franchise partners the tools and support needed to maximize entrepreneurial potential in growing a home-based business. Having been in business for over a decade, the company has now grown to encompass three brands - Five Star Painting, Five Star Bath Solutions and Five Star Holiday Decor - and has won numerous awards and recognitions for growth throughout the state.