{"id":1004701746,"date":"2024-02-09T07:17:52","date_gmt":"2024-02-09T15:17:52","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004701746"},"modified":"2024-02-12T06:37:00","modified_gmt":"2024-02-12T14:37:00","slug":"st-john-properties-inks-suburban-salt-lake-hq-lease","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/st-john-properties-inks-suburban-salt-lake-hq-lease\/","title":{"rendered":"St. John Inks HQ Lease for $1.2B Salt Lake Project"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a405c09b9ecc&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"1188\" height=\"890\" data-attachment-id=\"1004701747\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/st-john-properties-inks-suburban-salt-lake-hq-lease\/valley-grove-iii\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/02\/Valley-Grove-III-e1707409692874.jpg\" data-orig-size=\"1188,890\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Valley Grove III\" data-image-description=\"&lt;p&gt;Valley Grove III. Image credits to Grace Oldroyd, courtesy of St. John Properties&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Valley Grove III. Image credits to Grace Oldroyd, courtesy of St. John Properties&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/02\/Valley-Grove-III-e1707409692874.jpg?w=1024\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/02\/Valley-Grove-III-e1707409692874.jpg\" alt=\"Valley Grove III\" class=\"wp-image-1004701747\" style=\"width:398px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/02\/Valley-Grove-III-e1707409692874.jpg 1188w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/02\/Valley-Grove-III-e1707409692874.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/02\/Valley-Grove-III-e1707409692874.jpg?resize=768,575 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/02\/Valley-Grove-III-e1707409692874.jpg?resize=1024,767 1024w\" sizes=\"auto, (max-width: 1188px) 100vw, 1188px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">The tenant is relocating its headquarters at Valley Grove III&#8217;s top floor. <em>Image by Grace Oldroyd, courtesy of St. John Properties<\/em><\/figcaption><\/figure><\/div>\n\n\n<p><strong>St. John Properties<\/strong> <strong>Inc.<\/strong> has signed a 29,260-square-foot office lease at Valley Grove, a mixed-use development that will encompass more than 1.5 million square feet of space in Pleasant Grove, Utah. The tenant, <strong>Win Brands<\/strong>, will be using the space as its new corporate headquarters that will house nearly 110 employees starting this summer.<\/p>\n\n\n\n<p>Win Brands will relocate its corporate offices at Valley Grove III, located at 1333 S. Valley Grove Way, where it will occupy the entire top floor. The six-story office building totals 140,768 square feet of space.<\/p>\n\n\n\n<p>The developer <a href=\"https:\/\/www.commercialsearch.com\/news\/suburban-salt-lake-office-project-breaks-ground\/\">broke ground on Valley Grove III<\/a> in 2022. Completed last year on a 6-acre site, the building is 12 miles from Provo, Utah, 20 miles from South Jordan, Utah, 34 miles from downtown Salt Lake City and within 38 miles of Salt Lake City International Airport.<\/p>\n\n\n\n<p>Designed to achieve LEED certification, office buildings at Valley Grove will range from 23,454 square feet to 189,595 square feet and will include ceiling heights between 10 and 13 feet, built-to-suit office suites and ample parking. Current tenants include <a href=\"https:\/\/www.commercialsearch.com\/news\/alianza-inc-relocates-utah-hq\/\">Alianza Inc<\/a>., Real Team Realty, Coldwell Banker, Colliers, Presidio Property Management and First Colony Mortgage, among others, CommercialEdge shows.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The upcoming Valley Grove campus<\/h2>\n\n\n\n<p>Valley Grove is a 130-acre mixed-use business campus that currently includes 750,000 square feet of Class A office space and 100,000 square feet of flex or R&amp;D space. The project includes four single-story, one six-story and three mid-rise office buildings, together with two R&amp;D buildings, multiple retail spaces and nine pad sites. Additionally, the business community will feature a 34,000-square-foot Tesla dealership and a full-service hotel. <\/p>\n\n\n\n<p>Last year, the developer revealed that a 47-acre addition will be used for Valley Grove Phase VI, that will include office, retail and luxury residential space. St. John Properties\u2019 total investment is expected to surpass $1.2 billion. St. John Properties Director Scott Gifford and Regional Partner Daniel Thomas are leading the leasing efforts.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-silicon-slopes-popularity\">Silicon Slopes&#8217; popularity<\/h2>\n\n\n\n<p>Other companies that recently committed to the Salt Lake City area include M\u014ddere, which signed a 12,919-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/peg-development-inks-utah-office-lease\/\">lease at Zions Tower<\/a> in downtown Provo, Utah. The tenant will relocate its headquarters at the 127,093-square-foot Class A office building, owned by PEG Development, from Springville, Utah.<\/p>\n\n\n\n<p>In January, Sentry Financial and Newport National Corp. <a href=\"https:\/\/www.commercialsearch.com\/news\/historic-salt-lake-city-building-trades\/\">acquired The Cliff Building<\/a>, a 106,000-square-foot office property in Salt Lake City. Sentry Financial announced it will relocate its offices at the property&#8217;s eight floor. <\/p>\n\n\n\n<p>In early 2023, Clearlink signed a <a href=\"https:\/\/www.commercialsearch.com\/news\/gardner-co-inks-135-ksf-silicon-slopes-office-lease\/\">135,000-square-foot commitment <\/a>at 42 Future Way, a Class A office campus in Draper, Utah. The property is owned by Gardner Co. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>When complete, the suburban campus will total 1.5 million square feet.<\/p>\n","protected":false},"author":2991,"featured_media":1004701747,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21742,21747,1606,51973],"tags":[35112],"class_list":["post-1004701746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-latest","category-office","category-salt-lake-city","category-southwest","tag-st-john-properties"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>St. John Inks HQ Lease for $1.2B Salt Lake Project - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Win Brands has signed a 29,260-square-foot lease at Valley Grove, a mixed-use development in Pleasant Grove, Utah.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/st-john-properties-inks-suburban-salt-lake-hq-lease\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"St. John Inks HQ Lease for $1.2B Salt Lake Project\" \/>\n<meta property=\"og:description\" content=\"Win Brands has signed a 29,260-square-foot lease at Valley Grove, a mixed-use development in Pleasant Grove, Utah.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/st-john-properties-inks-suburban-salt-lake-hq-lease\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-09T15:17:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-12T14:37:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/02\/Valley-Grove-III-e1707409692874.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1188\" \/>\n\t<meta property=\"og:image:height\" content=\"890\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Simona Tudose\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/st-john-properties-inks-suburban-salt-lake-hq-lease\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/st-john-properties-inks-suburban-salt-lake-hq-lease\/\",\"name\":\"St. John Inks HQ Lease for $1.2B Salt Lake Project - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/st-john-properties-inks-suburban-salt-lake-hq-lease\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/st-john-properties-inks-suburban-salt-lake-hq-lease\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/02\/Valley-Grove-III-e1707409692874.jpg\",\"datePublished\":\"2024-02-09T15:17:52+00:00\",\"dateModified\":\"2024-02-12T14:37:00+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4\"},\"description\":\"Win Brands has signed a 29,260-square-foot lease at Valley Grove, a mixed-use development in Pleasant Grove, Utah.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/st-john-properties-inks-suburban-salt-lake-hq-lease\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/st-john-properties-inks-suburban-salt-lake-hq-lease\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/st-john-properties-inks-suburban-salt-lake-hq-lease\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/02\/Valley-Grove-III-e1707409692874.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/02\/Valley-Grove-III-e1707409692874.jpg\",\"width\":1188,\"height\":890,\"caption\":\"Valley Grove III. 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