Cushman & Wakefield | Commerce Closes First Land Sale on Former Wasatch High School Site

Marketwired

SALT LAKE CITY, UT--(Marketwired - Jul 7, 2014) - Cushman & Wakefield | Commerce today announced that it has closed on the first acre of land in Heber, Utah that was previously home to the Wasatch High School.

Mark Haroldsen, Jill Snyder and Chris Terry with Cushman & Wakefield | Commerce represented the Wasatch County School District in the transaction. The one-acre plot of land at 600 South and Main Street was sold to Mountain America Credit Union where they will build a new branch.

"Heber is a quickly growing community, in fact, it is one of the top 10 fastest growing small cities in the country," Haroldsen said. "When the old Wasatch High School was demolished, and the city zoned the land for commercial use, a great opportunity for development presented itself. Following the sale of the first acre, we have 8.5 remaining acres of commercial land that is receiving a great deal of attention from developers."

Located on Main Street in Heber, Utah, the site offers numerous options for development including the possibilities for a hotel, offices, restaurants and various retail options. For more information please contact, Mark Haroldsen, Jill Snyder or Chris Terry at (435) 575 5600 or email Mark at mharoldsen@comre.com.

About Cushman & Wakefield | Commerce
Cushman & Wakefield | Commerce, an independently owned and operated member of the Cushman & Wakefield Alliance, has been the leading provider of real estate brokerage services for more than 30 years. Headquartered in Salt Lake City, the firm has offices throughout Utah, Nevada, Idaho and Washington. It offers consulting, brokerage, tenant and landlord representation, property and facilities management, and valuation services to corporations, institutions and investors throughout the Intermountain West and Pacific Northwest. For more information, and for property listings, broker information, market category reports and more visit www.comre.com.

About Cushman & Wakefield
Cushman & Wakefield is the world's largest privately‐held commercial real estate services firm. The company advises and represents clients on all aspects of property occupancy and investment, and has established a preeminent position in the world's major markets, as evidenced by its frequent involvement in many of the most significant property leases, sales and assignments. Founded in 1917, it has 250 offices in 57 countries, employing more than 16,000 professionals. It offers a complete range of services for all property types, including leasing, sales and acquisitions, equity, debt and structured finance, corporate finance and investment banking, corporate services, property management, facilities management, project management, consulting and appraisal. A recognized leader in local and global real estate research, the firm publishes its market information and studies online at www.cushmanwakefield.com/knowledge.

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