Consolidated Realty Group, a commercial and industrial real estate brokerage, has doubled the size of its offices, but it is staying in the same building, City Centre, 175 E. 400 South.
Bill Martin, resident manager of the 4-year-old firm, said Consolidated has moved from Suite 510 to Suite 710 with 5,200 square-feet in response to consistent growth in business and anticipation of future needs.As of Nov. 30, the firm had a 29 percent increase in sales over the comparable period a year ago and a 50 percent increase in the number of leases and sales transactions closed. He attributes the growth to company agents and a broadening of the company's focus to include a wide scope of commercial real estate services.
Martin said Consolidated has developed a comprehensive database covering all segments of the commercial market which provides complete information on retail, office and industrial space throughout the Salt Lake Valley. Also, the company has expanded its services to include fee-basis investment analysis and consulting for financial institutions and other lenders.
He said CRG has been selected by Salt Lake City Corp. to market excess acreage at the Salt Lake International Airport.