“The investment market in Utah is holding strong.” Stated Utah’s NAI Excel Broker, Brandon Vandermyde, MCRE.

Vandermyde represented both the Seller and Buyer in the sale and acquisition of the St. George Bluff Street Jack-in-the-Box earlier this month.

One condition of the listing was that Vandermyde renegotiate a long term lease with the franchise tenant. The full net lease was what launched this investment property into a very competitive market. The Buyer from California, was specifically searching for investments in Utah and high growth areas when this property hit the radar.

St. George Utah has been rated in the top 10 in the nation for fastest growing small cities for the last three years, and in the Top 10 for best places to live, retire, and raise a family, making it a “hot spot” for investors looking to spend.

“The acquisition was full price and contracted in less than two weeks.” Vandermyde stated, further emphasizing the investment market.

“The investment market in Utah is holding strong.”

Brandon Vandermyde, MCRE.

Brandon Vandermyde | Vice President

Brandon brings nearly a decade of real estate experience to NAI Excel. He has extensive knowledge and experience in the local real estate market, and has worked as an advisor to several companies as their broker and real estate consultant. His experience in negotiating, deal structuring, analytical skills, and marketing are of great benefit to both NAI and his clients.

His marketing expertise, out of the box thinking, and vigor helped win the national O’Reilly Auto Parts disposition account after they merged with Checker Auto Parts. He was commissioned to be the disposition manager and compiled a team charged with selling and leasing their excess commercial real estate after all over the country.

He has been recognized as Rookie of the year, and multiple times for closing “the “Deal of the Year” including a $6m land and building exchange with Peterbuilt and Wheeler Machinery, as well as an 88,000 SF 6.8 Acre T.J. Maxx anchored shopping center in Southern Utah.

Prior to joining NAI, Brandon had several years of experience owning and operating several small businesses, and working as a marketing manager throughout the United States.