Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SANDY, UT-Vangent Inc. has taken down a 131,000-square-foot office building here that is on the market for sale. The Arlington, VA-based workforce solutions company signed a one-year lease and will use the space as a call center for the 2010 US Census.

The lease, which commences this fall, is valued at approximately $2.2 million, fully serviced, or $16.79 per square foot, according to a statement by the building owner, Southern California-based Hager Pacific Properties. A recent flyer created to lease up the property shows a triple-net asking rent of $12 per square foot. Vangent is believed to have paid a slight premium for the short-term lease.

An online sale listing for the property that was updated this week shows an asking price of $17.5 million or $134.62 per square foot. It also states that the building will be available again on Oct. 1, 2010.

The property, situated on 14-acres, is located at 8475 S. Sandy Pkwy., near Interstate 15 and the State Route 209. Amenities include a kitchen with seating for 800, a fully equipped workout facility with an outdoor patio. If only temporarily, the lease will bring as many as 1,200 jobs to Sandy, a source with Vangent tells GlobeSt.com.

Mark Larsen and Dan Brenan of Larsen Commercial Real Estate Services Inc. represented Vangent. Commerce CRG represented HPP.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.