CB Richard Ellis announced Wednesday that Parkside Tower, 215 S. State, was purchased by KBS Realty from American Realty Advisors.
The 13-story, 190,124-square-foot office building was 99 percent occupied at the time of the sale. It was built in 1984 and houses the law firm Fabian & Clendemin, Tanner LE, Eschelon Telecom Inc. and others.
CB Richard Ellis said it will keep leasing and managing the facility for KBS Realty.
Consumer confidence
A better hiring outlook and lower gas prices pushed a measure of U.S. consumer confidence to its highest level in four and a half years.
5th iPhone app
Clayton Ward, a 10th-grader from West Jordan,has created five apps for the Apple operating systems.
poorer people charitable
A 2009 study showed the poor give a higher percentage of their income to charity than rich people.
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