Brandon Vandermyde of NAI Excel recently represented the seller in multiple office condo investments on 1070 S in St. George, UT.
“This was an off market deal that we were able to present, negotiate, and close, in less than two weeks,” Vandermyde said. “It was just a great fit for the buyers, sellers, and everyone walked away extremely happy in the transaction.”
The office market continues to improve in St. George with rental rates continuing an upward trend. “Rates still have to get a little better before people are confident in building new office buildings, but we are getting closer to that being necessary,” Vandermyde said.