Learn How KBS is Creating Safe Work Environments
kbs logo
  • Investors
    • KBS Capital Markets Group
  • Properties
  • News & Insights
  • About Us
  • Contact

    Our Offices

    Corporate Headquarters

    800 Newport Center Drive, Suite 700
    Newport Beach, CA 92660

    (949) 417-6500

    info@kbs.com

    New York Office

    590 Madison Avenue, 26th Floor
    New York, NY 10022

    (212) 644-6662

    Washington DC Office

    3003 Washington Boulevard, Suite 950
    Arlington, VA 22201

    (202) 822-1230

    © 2020 KBS
    Facebook-f Twitter Linkedin-in
    Corporate Headquarters
    800 Newport Center Dr., Suite 700 Newport Beach, CA 92660
    info@kbs.com
    (949) 417-6500
    New York Office
    590 Madison Avenue, 26th Floor New York, NY 10022
    (212) 644-6662
    Washington, DC Office
    3003 Washington Boulevard, Suite 950, Arlington, VA 22201
    (202) 822-1230
    Contact Us
    KBS is an SEC-registered full-service investment adviser adept in various property and product types.
Learn How KBS is Creating Safe Work Environments
kbs logo
ArtboardCreated with Sketch.
Press Releases

KBS Signs Over 130,000 Square Feet at Millrock Park in Utah

  • January 4, 2019
Press Releases

KBS Signs Over 130,000 Square Feet at Millrock Park in Utah

  • January 4, 2019
HOLLADAY, Utah (Jan. 4, 2018) – KBS, based in Newport Beach, California, announced today the signing of 130,231 square feet in leases at Millrock Park in Holladay, Utah. BB&T, Lincoln National Life Insurance Company, Aries Capital Partners and Health Catalyst renewed their leases, while Kensington Capital Management, Assure Services, UMB Bank, Banyan Ventures, HUB Transportation and WSP all signed new leases at the property.

Millrock Park is a four-building office park located in
Cottonwood Heights. The Class-A property totals 494,458 square feet of rentable
office space and offers a café/deli and outdoor patio, in addition to
unobstructed views of Salt Lake City and the mountains from nearly every suite
in the building.

Millrock Park is situated along the “East Bench” of the
Wasatch Mountain Range in Salt Lake City. Its location, in what is considered
to be one of the best submarkets in the area, offers tenants easy accessibility
to I-215, I-15 and Salt Lake City International Airport. The office park is
only a few short minutes away from a variety of Utah’s ski resorts, including
Park City Mountain, Powderbird Heli Skiing, Canyons Village at Park City and
more.

“Millrock Park’s location in the Intermountain West makes it
one of the most desirable properties of our portfolio,” said Tim Helgeson,
senior vice president for KBS and asset manager for the property. “Tenants get
to enjoy the numerous onsite and nearby amenities that the office park has to
offer.”

Blake St. Onge and Andrew Pace of Cresa represented
BB&T, Jordan Wall of Colliers International represented Kensington Capital
Management, Andrew Taguwa with JLL represented Lincoln National Life Insurance
Company, Tab Cornelison of CBRE represented Aries Capital Partners, Scott Wilmarth
of CBRE represented Health Catalyst, Rusty Lugo with Colliers International
represented Assured Services, Dana Baird with Cushman & Wakefield
represented UMB Bank, Peter Black of CBRE represented Banyan Ventures, Todd
McLachlan of Newmark Grubb ACRES represented WSP, and Nick Teseros of Newmark
Grubb ACRES represented HUB Transportation. Jordan M. Wall and Brandon Fugal
represented KBS in the transaction.

Media Contact

Ginny Walker

KBS PR Manager
949-417-6535
gwalker@kbs.com

More Articles

Industry Trends

3 Reasons It’s Important to Consider Safely Returning to the Workplace

  • December 31, 2020
Here is a statistic that is hard to believe: Remote working accounted for only 3.4% of the total U.S. workforce population prior to COVID-19, according to Gallup. In fact, many companies, including tech companies such as Yahoo!, famously banned working from home prior to the pandemic because the company craved “increased productivity and a more connected company culture.”
Industry Trends

Designing Office Space for Inclusion and Equality

  • September 17, 2020
As local governments begin lifting stay at home orders and more employees begin returning to the office, research points to heightened employee anxiety stemming from social unrest, COVID-19, and other economic pressures—factors that can negatively impact productivity and overall wellbeing.
Sustainability

How the net zero movement will reinvent commercial office space

  • September 3, 2020
As global warming continues to be a hot topic and area of concern, especially for millennials who will make up 75% of the workforce by 2030
See All
Our Company
  • Investors
  • Properties
  • News & Insights
  • About KBS
Resources
  • Premier Office Magazine
Get in Touch
Facebook-f Twitter Linkedin-in
  • Careers

© 2021 KBS

  • Terms & Conditions
  • Privacy Policy
  • Site by 500 Designs
  • Home
Investors
  • KBS Capital Markets Group
  • Properties
  • News & Insights
  • About Us
Contact Us
  • Corporate Headquarters
  • New York Office
  • Washington, DC Office