Traverse Ridge III Scheduled to Break Ground in Lehi

07 Mar 2018

Traverse Ridge III, Eric Smith, Kreg Peterson

Traverse Ridge Center III, a planned nine-story, 220,000-square-foot Class A office building in Lehi, is scheduled to break ground in April of 2018. Developed by Perry Commercial, the building is slated to be completed in the summer of 2019 and will be the tallest building in Lehi. Eric Smith, Kreg Peterson, James Mecham and Laurie Adair of CBRE have been engaged as the exclusive leasing agents.
 
Located at the intersection of Triumph Boulevard and SR 92, Traverse Ridge Center III is easily accessible from I-15 via two off ramps and provides premier visible crown signage for tenants. The building consists of 25,000-square-foot floor plates and is part of the 22-acre Traverse Ridge Center development. It is the third office building to be constructed within the park, which also includes an on-site Staybridge Suites hotel and UTA stop with direct shuttle service to the FrontRunner Station. 50,000 square feet of Traverse Ridge Center III have already been reserved for an anchor tenant.
 
“Traverse Ridge Center is in a prime location in one of the fastest-growing areas in the state. It provides a dynamic opportunity unlike any other within the Lehi submarket,” noted Eric Smith, senior vice president. “It is unrivaled in its ease of access and will be a monument at the point of the mountain.”
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.