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.