Arden Group, in partnership with Vesta Realty Partners, has acquired a portfolio in Draper, Utah, within Salt Lake City’s coveted Silicon Slopes region.
Collectively known as 136 Center, the fully leased portfolio measures 318,831 square feet across two adjacent six-story buildings and includes a land parcel that allows for additional development.
The properties at 136 Center include 13693 South 200 West, built-to-suit for Dealertrack, a leading provider of digital solutions to the automotive retail industry. Dealertrack leases 112,900 square feet of the 163,725-square-foot building, and the remaining space is leased to a diverse mix of tenants, including Gold Standard Automotive, Summit Sotheby’s International and NAV Technologies.
The second building is located at 13707 South 200 West and serves as the corporate headquarters for financial technology company Divvy. The glass and steel office building includes 155,106 rentable square feet of creative and fle