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Mortenson Properties Buys Downtown Salt Lake City Office Building

Buyer Plans to Complete Additional Renovations
The recently renovated office building at 324 S. State St. in downtown Salt Lake City was 75% leased at the time of the sale. (JLL)
The recently renovated office building at 324 S. State St. in downtown Salt Lake City was 75% leased at the time of the sale. (JLL)
By Franklin Geho
CoStar Research
September 30, 2020 | 7:28 P.M.

Mortenson Properties, the real estate investment arm of M.A. Mortenson Cos., has purchased a recently renovated creative office building in downtown Salt Lake City that it plans to complete additional upgrades to.

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