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Informations principales sur l'investissement
- Class A Asset with Strong Tenant Base and WALT
- High-Growth Market with Limited New Office Supply
- Prime Downtown Provo Location with Exceptional Connectivity
Résumé analytique
Originally constructed in 2022 on a 2.83-acre site, Freedom Commons is 68% leased and features an impressive 5.27 years of WALT. The Seller and anchor tenant, PEG Companies, Inc. (31,354 sf) plans to vacate upon its lease expiration on 7/31/2027. The seller is currently in the LOI process for a backfill tenant at an increased rate, providing immediate upside to the next owner. See OM for more details.
Freedom Commons is well-positioned to attract the next wave of office tenants as it represents a best-in-class office asset. The Property stands out due to its strong financial performance, Class-A finish level and amenities, and its convenient location in the heart of Downtown Provo.
Informations sur l’immeuble
Principaux occupants Cliquez ici pour accéder à
- Occupant
- Secteur d’activité
- m² Occupés
- Loyer/m²
- Type de bail
- Fin du bail
- Banzai
- Services éducatifs
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Founded in 2003 and headquartered in Provo, Utah, PEG Companies is a vertically integrated real estate investment firm specializing in opportunistic and value-add strategies across the United States and Canada. Initially recognized for its creative development projects, PEG has evolved into a full-service platform encompassing investment, development, construction, asset management, property management, and hospitality operations. The firm is privately held and partners with institutions, family offices, and individual investors to execute transformative real estate strategies. PEG’s investment philosophy centers on deep local market expertise and disciplined asset selection, with a focus on regions poised for long-term outperformance. Its portfolio spans multifamily residential, single-family rental communities, student housing, office, mixed-use, and hospitality assets. The company actively manages its holdings through development, repositioning, and operational optimization, leveraging its vertically integrated structure for end-to-end execution. PEG’s asset class focus includes residential (multifamily and build-for-rent), hospitality (select-service and extended stay), and mixed-use commercial properties. The firm maintains a strong presence in 27 U.S. states and two Canadian provinces, with notable exposure in Utah, Texas, and California.
Serenity Mental Health Centers began in 2017 in Lehi, Utah, with a mission to help those struggling with mental illness. They've since expanded across six states while maintaining a significant Utah presence. The company offers various services including medication management, TMS therapy, and ketamine infusion treatments. Their clinics provide personalized psychiatric care for conditions like depression and anxiety. Serenity emphasizes advanced, evidence-based treatments to support patients' mental health needs.
| Occupant | Secteur d’activité | m² Occupés | Loyer/m² | Type de bail | Fin du bail | |
| Banzai | Services éducatifs | - | $9.99 | Lorem Ipsum | Jan 0000 | |
|
Finance et assurances | - | $9.99 | Lorem Ipsum | Jan 0000 | |
|
Santé et assistance sociale | - | $9.99 | Lorem Ipsum | Jan 0000 |
Disponibilité de l’espace
- Espace
- Surface
- Type de bien
- Aménagement
- Disponible
Espace de bureaux de classe A avec une généreuse allocation pour les améliorations locatives
Class A Office Space with Generous Tenant Improvement allowance
| Espace | Surface | Type de bien | Aménagement | Disponible |
| 3e Ét.-bureau 3B | 521 m² | Bureau | Espace brut | Maintenant |
| 4e Ét.-bureau 400 | 2 192 m² | Bureau | Espace brut | Maintenant |
| 5e étage | 726 m² | Bureau | Espace brut | Maintenant |
3e Ét.-bureau 3B
| Surface |
| 521 m² |
| Type de bien |
| Bureau |
| Aménagement |
| Espace brut |
| Disponible |
| Maintenant |
4e Ét.-bureau 400
| Surface |
| 2 192 m² |
| Type de bien |
| Bureau |
| Aménagement |
| Espace brut |
| Disponible |
| Maintenant |
5e étage
| Surface |
| 726 m² |
| Type de bien |
| Bureau |
| Aménagement |
| Espace brut |
| Disponible |
| Maintenant |
3e Ét.-bureau 3B
| Surface | 521 m² |
| Type de bien | Bureau |
| Aménagement | Espace brut |
| Disponible | Maintenant |
4e Ét.-bureau 400
| Surface | 2 192 m² |
| Type de bien | Bureau |
| Aménagement | Espace brut |
| Disponible | Maintenant |
Espace de bureaux de classe A avec une généreuse allocation pour les améliorations locatives
5e étage
| Surface | 726 m² |
| Type de bien | Bureau |
| Aménagement | Espace brut |
| Disponible | Maintenant |
Class A Office Space with Generous Tenant Improvement allowance
Présenté par
Freedom Commons | 145 W 200 N
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