Particularly in the I-15 corridor, the market has surpassed peak pricing, there's a void of smaller buildings and rapidly growing smaller businesses are increasing demand, Colliers' Marc Posthumus tells GlobeSt.com.

This market has been dominated by the suburbs for a long time, but the CBD is coming into its own.

“The acquisition financing required a creative solution given a short-term occupancy issue,” says Steve Heffner, vice chairman, CBRE Capital Markets.