Alaska to Miami and Salt Lake to New York, Commercial Real Estate is Hot for CBC

Pete CodellaNews

In a recently announced merger, Coldwell Banker Commerical Advisors (CBC Advisors) cements Utah as a leader in commercial real estate and one of the fastest growing brokerage firms in the nation. With national recognition of the “Silicon Slopes” metro areas as one of the hottest entrepreneurial enclaves, and the Lehi-Orem area in particular standing out for billion dollar companies, commercial real estate is anticipated to continue on a fortuitous path forward.

“We’re proud to see Utah companies continuing to grow and pave a path forward for our economy,” said Val Hale, executive director of the Governor’s Office of Economic Development. “As long as we support business that are willing to push the envelope, Utah can stay strong and solidify our economic dynasty.”

CNN Money recently praised the Provo area for having a job market that is on fire. In order to accommodate growth, many companies are undertaking new projects at Point of the Mountain, and CBC Advisor notes they currently have 16 projects in the Thanksgiving Point area.

“Point of the Mountain is one of the hottest real estate areas in the nation,” said Lew Cramer, president and CEO of CBC Advisors. “Having a strong presence in high growth areas of Utah and other states will continue to showcase our state and CBC Advisors as a leader and example to the rest of the nation on infrastructure, planning and corporate real estate.”

The headquarters for CBC Advisors remains in Salt Lake City and employs 450 agents and staff across 27 offices nationwide.