Sandy, Utah (November 17, 2016) Coldwell Banker Commercial Advisors (CBC Advisors) today finalized the largest office build-to-suit transaction in Utah history for Mountain America Credit Union. Totaling 327,000 square feet, the landmark 11-story headquarters broke ground today, prominently located on I-15 at 9800 South in Sandy City – located in the heart of the Salt Lake suburban market.
“This building will be the tallest office building in Utah, outside of the Central Business District, and will set a new standard for development in the dynamic Silicon Slopes area of the Intermountain West,” said Brandon Fugal, Chairman of CBC Advisors and agent representing Mountain America negotiating the transaction. The building is scheduled for completion in 17 months.
Designed by WRNS Studio and developed by Gardner Company, the building will be owned by Mountain America Credit Union. With 86 branches in 5 states, Mountain America has more than 700,000 members and $5.9 billion in assets. Brandon Fugal and Jordan Wall of CBC Advisors exclusively represent the developer.