Since entering the Utah market in 2014, the full-service, vertically-integrated commercial real estate company has developed five business communities comprising 1.4 million square feet

PLEASANT GROVE, UT — St. John Properties, Inc. has announced five executive promotions timed with the 10-year anniversary of the commercial real estate company’s inception in Utah. Since beginning Utah operations in 2014, the group has developed five business communities, comprising more than 1.4 million square feet of office, flex/R&D, and retail space in Salt Lake, Weber and Utah counties. The company has invested more than $1.5 billion in Utah, and serves more than 140 tenants throughout its regional portfolio.  

St. John Properties promoted Marty Beaumont to Assistant Vice President of Development; Mark Cathemer to Assistant Vice President of Construction; Scott Gifford to Assistant Vice President of Leasing; Dayne Nelson to Assistant Vice President of Property Management; and Jenessa Young to Assistant Vice President of Interior Design. Cathemer and Young have been with St. John Properties for the past eight years, and Nelson joined the company seven years ago, ranking as the company’s most tenured employees in Utah.

“Commercial real estate is a people-first and relationship-driven industry, and our people are the company’s undeniable strength,” said Daniel Thomas, Regional Partner, Utah. “Our entire team has done a tremendous job of managing important relationships in various jurisdictions throughout Utah, developing best-in-class commercial real estate product, managing our spaces cost-efficiently, and exceeding tenant expectations by delivering thoughtful real estate solutions. These professional takes enormous pride in their work, are driven leaders, and continue to make a significantly positive impact on St. John Properties’ successes.”

Throughout St. John Properties’ 10-years history in Utah, they have developed and manage more than 800,000 square feet of Class ‘A’ office, over 90,000 square feet of retail space, and 275,000 square feet of the company’s signature flex/research and development asset. St. John Properties’ flex/R&D buildings are uniquely designed as a “part office/part industrial” single-story building, separated into bays which can be fully customized based on the users’ requirements. The product is equipped with 18-foot ceiling heights, 30-foot-wide bays, 80- to 100-foot building depths, rear service courts for truck loading, and abundant parking, and can be leased as a single-bay or in multiple bay units up to an entire building. The space is easily adaptable to accommodate a wide array of end-users including professional services, medical, wholesale, light manufacturing and distribution, scientific research, and early childhood education.

Signature projects under development by St. John Properties include:

• 12^th Street Exchange, a 19-acre business community in Marriott-Slaterville slated to include five buildings, comprising over 175,000 square feet of flex/R&D and retail space.
• Beltway West, a 19-acre business community in Taylorsville that will feature nearly 273,000 square feet of single and multi-story Class ‘A’ office space.
• Spring Heights, a 17-acre mixed-use Saratoga Springs business community that will be comprised of more than 156,000 square feet of flex/R&D and retail space on completion.
• Spring Pointe Exchange, a 17-acre business community in Springville which can support nearly 225,000 square feet of flex/R&D space.
• Valley Grove, a 130-acre mixed-use business community in Pleasant Grove which will include more than 1.5 million square feet of Class ‘A’ office, flex/R&D, and retail space, and host more than 10,000 tenant employees upon completion. Valley Grove includes Grove Tower, a six-story, nearly 190,000 square foot Class ‘A’ office tower which is the largest single commercial office building in St. John Properties’ 24 million square national portfolio.

Founded in 1971, St. John Properties, Inc. is one of the nation’s largest and most successful privately held commercial real estate firms. The company is distinguished by its commitment to customer service, achievements in green building, and top-rated workplace culture. Throughout St. John Properties’ 53-year history, the company has developed more than 24 million square feet of flex/R&D, office, retail, and warehouse space and has investments in over 3,000 residential units. The company proudly serves more than 2,600 clients in Colorado, Florida, Louisiana, Maryland, Nevada, North Carolina, Pennsylvania, Texas, Virginia, Utah, and Wisconsin. For more information about the company, visit www.sjpi.com.