The deal paves the way for the region’s first post-pandemic office conversion.
Shea pays $12M for DTC office slated for residential conversion
DTC
Fortis Bank taking chunk of Western Union space in DTC
Fortis Bank is headquartered downtown, with additional offices in Centennial and near Salt Lake City.
DTC office building hits market after 2024 loan sale, foreclosure
The asking price for Solarium is $13.9 million.
DTC office tower sells for half off in local buyer’s third deal of 2024
Marcel Arsenault’s Real Capital Solutions expects to buy downtown in 2025.
Local firm buys DTC office at 75 percent discount in bankruptcy auction
The building is 35 percent leased.
Local owner defaults on loan for third area office building
Toma West paid $30.5 million in 2014 for Park Place. Now, “any buyer would be less than $10m,” according to the company’s president.
Tech exec says Sotheby’s damaged his artwork, then ignored him
Leon Farfel, an art collector, bought a Marc Chagall drawing and Salvador Dali sculpture.
Three in a row: Another office building along DTC corridor enters foreclosure
The owner also has a downtown tower in foreclosure.
Trust that bought loan forecloses on DTC office
The buyer submitted a $11.2 million credit bid for a property that fetched $23 million in 2014.
Lender owed $28M initiates foreclosure on Unico DTC office building
Harlequin Plaza is 70 percent occupied. Bellco Credit Union, which is headquartered there, is pursuing a sublease deal.
