OWNED & MANAGED BY:

324 South State Street | Salt Lake City, Utah

Annastasia Kaessner > FOR LEASE | OFFICE +1 801 441 5921 [email protected] • Lease Rate: $25.00/ RSF Full Service Rusty Lugo • Up to 49,425 RSF contiguous space available +1 801 947 8377 [email protected] • 21,832 RSF move-in ready tech space available

• 2.25/1000 SF parking ratio

• Within walking distance to TRAX

• Renovations underway for brand new lobby and common areas Colliers International 111 Main Street | Suite 2200 • Real Food for Real People - Opening May 2019 Salt Lake City, UT 84111 P: +1 801 947 8300 SPACE AVAILABLE

COMMON AREA FLOOR

DIRECT ACCESS TO

3rd PARKING GARAGE

COMMON AREA FLOOR 2nd

STAIRCASE TO BASEMENT COMMON AREA

324 South State Street Salt Lake City, Utah

Annastasia Kaessner Rusty Lugo +1 801 441 5921 +1 801 947 8377 FLOOR [email protected] [email protected] Colliers International 111 Main Street | Suite 2200 Salt Lake City, UT 84111 P: +1 801 947 8300 1st SUITE 210: 20,834 RSF

• In shell condition, ready for tenant improvements

• Open floor plan with great light, exposed brick and ceilings

• Great views of the Wasatch Mountains and Salt Lake City and County Building SUITE 302: 7,209 RSF

• In shell condition, ready for tenant improvements

• Open floor plan with Broadway facing views, exposed brick and ceilings SUITE 300: 21,382 RSF

• Plug and play, move-in ready space COMBINED 210, 302, AND 300: 49,425 RSF

• Direct access to covered parking garage

Annastasia Kaessner Rusty Lugo +1 801 441 5921 +1 801 947 8377 [email protected] [email protected] Colliers International 111 Main Street | Suite 2200 Salt Lake City, UT 84111 P: +1 801 947 8300 LOBBY & COMMON AREA RENOVATIONS UNDERWAY

Annastasia Kaessner Rusty Lugo +1 801 441 5921 +1 801 947 8377 [email protected] [email protected] Colliers International 111 Main Street | Suite 2200 Salt Lake City, UT 84111 P: +1 801 947 8300 GALLIVAN CENTER The Gallivan Center provides downtown crowds space to gather for lunch or a short reprieve from the day’s hectic work schedule. Special events such as festivals, concerts, holiday celebrations, and weddings 23,075 ADT make Gallivan Center a lively and exciting event venue year-round.

SALT PALACE 22,145 ADT The Salt Palace Convention Center is an integral part of the vibrant THE GEORGE S. & downtown scene. The DOLORES DORE ECCLES convention center hosts THEATER some of the largest events The new theater is state-of- including the Outdoor the-art, with a 2,500 seat Retailer trade shows. The Main Hall and public center draws thousands gathering places. It will of visitors into the heart of attract the biggest and best 100 South 13,255 ADT downtown touring Broadway productions, nationally prominent family shows, and music and comedy acts.

22,420 ADT VIVINT SMART HOME

200 South 17,165 ADT ARENA The Vivint Smart Home Arena is a gathering place CITY CREEK for all ages. Home to the Utah Jazz, the arena Home to more than 500

24,845 ADT hosts basketball games residences, 90+ retail shops, as well as concerts and as well as nine office buildings other attractional events. that house more than 5,000 Adding to the experience of workers daily. downtown Salt Lake City. 300 South 27,975 ADT Main Street

ON REGENT This retail redevelopment will connect City Creek and Gallivan Center providing a place for people to gather and connect in a culturally rich area. Regent will include retail and dining establishments along with live events and rich architecture.

TEMPLE SQUARE Just a block north of 111 Main, this iconic landmark is ranked by Forbes Magazine as the 16th most visited tourist attraction in the US. Temple Square attracts over 5 million visitors from around the world every year.

Annastasia Kaessner Rusty Lugo +1 801 441 5921 +1 801 947 8377 [email protected] [email protected] Colliers International 111 Main Street | Suite 2200 Salt Lake City, UT 84111 P: +1 801 947 8300 WHY UTAH? UTAH PROVIDES AHIGHQUALITY OFLIFE industries, andoffers its residents numerous lifestyle than themselves, asamodelfor aproperly runsociety. cooperate in the construction ofsomethingmuchbigger industriousness settlers used the symbol to represent The beehive is the statesymbol ofUtah.TheMormon Plateau. Rocky Mountains, the Great Basin,and the Colorado convergence of three distinctgeological regions Utah isageographically diverse state,encompassing a recreation areas, andover adozenskiresorts. parks, sixnationalforests, numerous stateparksand wilderness to desertlandscapes.Utahhasfive national and recreational opportunities Utah isworld-renowned for itsbounty of Mountain range, from BrighamCity to Nephi. the I-15 corridor and the western slopeof the Wasatch communities, running predominantly north-southalong Front Most ofUtah's populationresides along urban centers. options that range from quietrural settings to thriving , roughly 150milesofcontiguous citiesand of employment opportunities in various quality oflife business, careers, living,health,and regularly ranks among the beststatesfor doing business, and talented labor growth, low unemployment, low cost of Utah isanationalleader in . Thebeehive iswhere workers all . Utahprovides anarray ranging from mountain hard work and The Wasatch public lands high job : the . Utah Young &High-Growth 15.2% GROWING STATESINTHEU.S. THAN THEREWEREIN2010 THE YOUNGESTSTATEIN THE U.S.BYMEDIANAGE THERE AREMORETHAN POPULATION INCREASE MORE PEOPLEINUTAH 30.6 ONE OFTHEFASTEST 420 THOUSAND MEDIAN AGEOF Utah isa       2010-2018 State Economic Conditions in UtahareGreat OVERALL ECONOMY VENTURE CAPITAL BEST STATEFOR BEST STATEFOR         FOR BUSINESS #2 2 UTAH NAMED BEST STATE 4  RANKED RANKED IN 2018 The Downtown SaltLake City nd

th OBTAINED POSTSECONDARY

Utah boastsaHighly

CERTIFICATES ORDEGREES

Educated &Skilled

INSTITUTIONS INUTAH

48% DEGREES AWARDED HIGHER EDUCATION THOUSAND   OF UTAHNSHAVE   Workforce

 69

35 MORE THAN  IN 2015 OVER OVERWHELMING JOBGROWTHIN IN THEU.S.FORJOBGROWTH UTAH’S JOBGROWTHRATE in UtaharePlentiful CONSTRUCTION, UTAH’S ECONOMYIN2018 AMONG THETOPSTATES 3.6% Opportunities for UTAH ISEXPERINCING Jobs &Careers TECHNOLOGY   THOUSAND   FINANCIAL, JOBS ADDEDTO HEALTH &   48  2017-2018 SECTORS ABOUT OF UTAHRESIDENTSSPEAK THAN ENGLISHATHOME   LANGUAGES Utah containsa   A LANGUAGEOTHER 15% SPANISH SPEAKERS 246 THOUSAND 120 SPOKEN INUTAH Multilingual   Population MORE THAN A OVER BOUT WHY UTAH? Logan Brigham City

Ogden Layton

Salt Lake City West Valley City Park City Sandy Vernal Lehi Orem Utah is a The Utah boasts a Highly Opportunities for Utah contains a Provo Young & High-Growth Economic Conditions Educated & Skilled Jobs & Careers Multilingual Duchesene

Nephi State in Utah are Great Workforce in Utah are Plentiful Population Price

AMONG THE TOP STATES Green River ONE OF THE FASTEST RANKED MORE THAN IN THE U.S. FOR JOB GROWTH OVER GROWING STATES IN THE U.S. Richfield 2nd 35 3.6% 120 Moab BEST STATE FOR HIGHER EDUCATION 15.2% UTAH’S JOB GROWTH RATE POPULATION INCREASE OVERALL ECONOMY INSTITUTIONS IN UTAH LANGUAGES 2017-2018 SPOKEN IN UTAH Cedar City 2010-2018                  

St. George MEDIAN AGE OF UTAH NAMED UTAH IS EXPERINCING ABOUT OVERWHELMING JOB GROWTH IN CONSTRUCTION, TOTAL POPULATION WORKFORCE 30.6 #2 48% FINANCIAL, 15% THE YOUNGEST STATE IN BEST STATE OF UTAHNS HAVE HEALTH & OF UTAH RESIDENTS SPEAK THE U.S. BY MEDIAN AGE FOR BUSINESS OBTAINED POSTSECONDARY TECHNOLOGY A LANGUAGE OTHER 3.2 1.3   IN 2018 CERTIFICATES OR DEGREES SECTORS THAN ENGLISH AT HOME MILLION MILLION        UTAH’S POPULATION BY GENERATION Silent & Greatest THERE ARE MORE THAN RANKED OVER ABOUT MORE THAN born 1925 and earlier 5.2% Baby Boomer born 1945 - 1964 15.6% th Generation X 420 4 69 48 246 born 1965 - 1979 17.6% BEST STATE FOR THOUSAND THOUSAND THOUSAND Millennial MORE PEOPLE IN UTAH VENTURE CAPITAL DEGREES AWARDED THOUSAND born 1980 - 1994 28.1% JOBS ADDED TO SPANISH SPEAKERS THAN THERE WERE IN 2010    IN 2015   UTAH’S ECONOMY IN 2018    Generation Z       born 1995 -2012 29.8% Generation Alpha born 2013 or later 3.7% 0 200k 400k 600k 800k

Downtown Salt Lake City COLLIERS INTERNATIONAL | UTAH

UTAH’S GROWING HOUSING MARKET Salt Lake City is growing immensely. With a large increase in construction, housing vacancy rates in Salt Lake City are at an all-time low. The growth in population and employment supports a vibrant city in which many want to live and work. Estimates anticipate that this growth in business and population will continue, adding an additional 30,000 residents by 2030. Salt Lake City’s current population of 190,873 people consists of 85,938 households. It is projected that by 2023 there will be a total of 92,985 households in Salt Lake City. Post-college aged millennials (age 25-34) account for 21 percent of the population in Salt Lake City. This remarkably beautiful city is thriving with new businesses, growing families, and young opportunists. Making Salt Lake City a highly sought after location to live in Utah.

OVER OVER OVER UTAH HOUSING UTAH 85 92 THOUSAND THOUSAND 89 TOTAL ESTIMATED TOTAL PROJECTED THOUSAND TOTAL HOUSING UNITS HOUSEHOLDS HOUSEHOLDS FOR 2023 (2018) (2018) 96.4% 3.7% 1.6% OF SALT LAKE CITY HOUSING VACANCY IN SALT LAKE PROJECTED ANNUAL GROWTH UNITS ARE OCCUPIED CITY HOUSING MARKET (2018 TO 2023) (2018) (2018)

*All Stats on page from Sites USA

Downtown Salt Lake City COLLIERS INTERNATIONAL | UTAH

ENROLLMENT RANKED RANKED TO GROW BY 38% 33% 2nd 3rd OF UTAHNS AGED OF UTAHNS HAVE OBTAINED 60 BEST STATE BEST STATE 18-24 YEARS OLD A BACHELOR’S, GRADUATE OVERALL FOR THOUSAND FOR LOW TUITION ARE CURRENTLY STUDENTS OVER OR PROFESSIONAL DEGREE HIGHER EDUCATION COSTS IN THE U.S. ENROLLED IN COLLEGE      THE NEXT 10 YEARS                

UTAH PRODUCES AN EDUCATED AND SKILLED WORKFORCE In 2015 schools in Utah awarded 69,068 degrees. That population is skewed towards females, with 30,909 male students and 38,159 female students. The largest universities by number of graduates were Western Governors University (13,186/19.1%), University of Utah (8,392/12.2%), and Brigham Young University (7,918/11.5%). The most popular majors in Utah were Registered Nursing (4,381/6.34%), General Business Administration & Management (2,151/3.11%), and Accounting (1,376/1.99%).

The median tuition cost for public four year colleges in Utah was $5,774 for in-state students, and $18,720 for out- of-state students. Programs in highest demand are; Nursing and healthcare (Nursing, allied health, social work, psychology), Computer science and information technology, Engineering, Science and aviation, Business, hospitality and tourism. HIGHER EDUCATION MAJOR EDUCATIONAL INSTITUTIONS IN UTAH

2nd largest employer 4th largest employer 14th largest employer 36th largest employer 40th largest employer in Utah by number of in Utah by number of in Utah by number of in Utah by number of in Utah by number of employees (2018) employees (2018) employees (2018) employees (2018) employees (2018)

Enrollment: 32,760 Enrollment: 33,517 Enrollment: 39,931 Enrollment: 26,681 Enrollment: 29,350 (2017) (2017) (2018) (2017) (2017) Salt Lake City, Utah Provo, Utah Orem, Utah Ogden, Utah Salt Lake County, Utah & 1 satellite campus in & 3 satellite campuses & 7 satellite campuses 5 campuses Public Research University Salt Lake City, Utah located in Utah & Wasatch located in Weber & Davis Public Two-Year College Counties Counties Private Research University Public University Public University

University of Utah Campus in Salt Lake City, Utah Utah Valley University Campus in Orem, Utah WHY UTAH? Utah Valley University is now Utah’s largest higher education institution by enrollment and continues to experience unprecedented growth, enrollment swelled by 7.1% in 2018 to a total of 39,931 students. That’s higher even than 2017's 6.6% surge. This distinguishes it as the largest public university in the state by more than 6,000 students.

Southern Utah University saw the largest percentage gain at 7.7% growth since 2017 with 728 more students. The enrollment for the Cedar City school is now 10,196. The largest freshman class in its history with 2,131 students which began in the fall of 2018, that is a 9.4% leap from the previous year.

Overall, total enrollment at Utah’s public universities climbed 2.17% statewide with an additional 3,915 students on campuses. There are now roughly 184,000 college students in Utah. OTHER NOTABLE EDUCATIONAL INSTITUTIONS IN UTAH

Enrollment: 28,622 Enrollment: 10,196 Enrollment: 8,350 Enrollment: 4,113 Enrollment: 2,887 (2018) (2018) (2017) (2015) (2017) Logan, Utah Cedar City, Utah St. George, Utah Ephraim & Richfield, Utah Salt Lake City, Utah & 7 regional campuses & 1 satellite campus in 2 campuses Public University Private Liberal Arts College located throughout Utah Hurricane, Utah Public Two-Year College Public University Public University

• Ameritech College of Healthcare • LDS Business College • Southwest Technical College

HIGHER EDUCATION Draper, Utah Salt Lake City, Utah Cedar City, Utah • The Art Institute of Salt Lake City • Mountainland Technical College • Stevens-Henager College Draper, Utah Lehi, Utah various locations statewide • Bridgerland Technical College • Neumont University • Tooele Technical College Logan, Utah South Jordan, Utah Tooele, Utah • Broadview University • Ogden–Weber Technical College • Uintah Basin Technical College various locations statewide Ogden, Utah Roosevelt, Utah • Certified Career Institute • Provo College • University of Phoenix Salt Lake City & Clearfield, Utah Provo, Utah various locations statewide • Davis Technical College • Rocky Mountain University of Health • Utah College of Applied Technology Kaysville, Utah Professions Lehi, Utah • Eagle Gate College Provo, Utah • Western Governors University Murray & Layton, Utah • Roseman University online university, headquartered in South Jordan, Utah Salt Lake City, Utah

COLLIERS INTERNATIONAL | UTAH View from inside Adobe’s building in Lehi, Utah WHY UTAH? UTAH IS A THRIVING TECH-HUB SALT LAKE CITY RANKED Utah’s “Silicon Slopes” refers to the cluster of information technology, software development, hardware manufacturing and research firms that have emerged along the Wasatch Front. Utah is nationally recognized as a #1 leading technology hub. CITY POISED TO BECOME NEXT TECH MECCA • Utah is ranked #1 one in innovation and entrepreneurship, #2 in high-tech  performance, and #3 in economic performance by the U.S. Chamber of Commerce Foundation TECH EMPLOYMENT IN UTAH GREW • Tech companies have flocked to Utah for its lower taxes, more flexible regulatory environment, and a well-educated, multilingual workforce 16% • Forbes has ranked Utah as the Best State for Business 6 times since 2010, and 2012-2017    TECHNOLOGY rank 3rd in 2018

• Utah’s tech workforce is fed by major technology and research universities: OVER University of Utah, Brigham Young University, and Utah Valley University, all of which offer programs intended to develop young entrepreneurs 5,500 • Utah has high concentrations of Software Developers, Web Developers, TECHNOLOGY RELATED Computer and Information Research Scientists, and many other IT related COMPANIES IN UTAH occupations      • Utah is one of the top states in the nation for software and information technology employment with an employee base of over 66,000 people BETWEEN 2012-2017 OVER • There is a strong mixture of local homegrown startups (Domo, Ancestry, Qualtrics, Pluralsight, etc.), as well as major Fortune 500 companies (Adobe, Microsoft, Oracle, Symantec, etc.) $4.2 BILLION • According to Wallethub, Salt Lake City ranks 7th among the best U.S. cities for OF VENTURE CAPITAL STEM (Science, Technology, Engineering, and Math) jobs, beating out Chicago, WAS INVESTED IN UTAH New York City, San Jose, and other prominent “tech forward” towns   

COLLIERS INTERNATIONAL | UTAH SILICON SLOPES View from insideAdobe’s buildinginLehi,Utah SOME TECH COMPANIES DOINGBUSINESS INUTAH Headquartered inDraper, Utah professionals administrators, andcreative for software developers, IT offersthat videotraining courses An onlineeducationcompany Headquartered inProvo, Utah automation systems fire detection,andother home that offers security systems, A smarthomeservicesprovider Headquartered inLehi,Utah computers. phones, hard drives, tablets, and flash memory usedinmobile Micron, manufactures anddevelops A joint venture between Inteland workforce moredouble theirUtah than expand their facility whichwill Recently announced plans to about 1,200 employees in Lehi,UT2012whichhouses Completed a280,000 SFcampus over 17,000 employees worldwide software products, andemploys Develops multimediaandcreativity corporationsindustry. in thetech Oracle isoneof the world’s largest management systems software, inaddition to database enterprise hardware and Specializing indeveloping Utah Headquartered inAmericanFork, visualization intelligence tools anddata making, specializinginbusiness for easy access anddecision aimed atproviding adataplatform A business software developer Headquartered inLehi,Utah management software Develops Enterprise work Headquartered inLehi,Utah for family history The world’s largest onlineresource 2016 for $19billion Acquired by Western Digitalin state drives. cards, USB flashdrives andsolid flash memory includingmemory The 3rd largest manufacturer of Headquartered inLehi,Utah sister company ofVersick building andrepair. Xactware isa involved phasesof inestimatingall Provides software for professionals Headquartered inMidvale,Utah inventory distributionchannel offering itssuppliers analternative for bargains conveniently, while customers anopportunity to shop An onlineretailer that offers its cashdeal all acquired by SAP for inan $8billion announced that itwould be In November 2018,itwas Seattle, Washington Headquartered inProvo, Utah& feedback software developer. and consumer andemployer An onlinesurvey, market research, and services provides cyber-security software Fortune 500 company that computers, andrelated services consumer electronics, personal computerand sells software, manufactures, licenses,supports maker by revenue, Itdevelops, The world’s largest software Draper, Utah Operates a241,000 SFfacility in departments. and the legalandfinance software tools, humanresources, service, technology development of In Utah,ebay operates customer Mountain and the surrounding area. economic development inEagle help will to support additional ininfrastructure$100 million that investment, includingmore than incapital Bringing $750million center inEagleMountain,Utah. plans to builda1-million SFdata networking serviceannounced In June,2017 the onlinesocial WHY UTAH? Rendering of the new SLC International Airport

SLC INTERNATIONAL CONNECTS UTAH TO THE WORLD Located about 4 miles west of and 10 minutes from Downtown Salt Lake City, Utah. The airport is the closest commercial airport for more than 2.5 million people and is within a 30-minute drive of nearly 1.3 million OVER jobs. SLC International is currently constructing a completely new terminal 24 complex, while the construction is on-going, the airport continues to function at MILLION peak capacity. Construction on the $3 billion plus initiative began in July 2014 and is PASSENGERS projected to be complete by late 2020. SERVED IN 2017

• Ten airlines and their affiliates serve SLC International: AeroMexico, Alaska Airlines, American, Delta Air Lines, Frontier, JetBlue, KLM Royal Dutch Airlines, SkyWest, Southwest and United 10 • The airport served 24,199,351 passengers in 2017 AIRLINES & AFFILIATES • SLC International ranks 23rd busiest in North America and 85th busiest airport in the world in terms of passenger numbers

• There are approximately 370 scheduled, commercial departures from SLC International each day, serving close to 98 cities with non-stop flights 370 DAILY COMMERCIAL

SLC INTERNATIONAL SLC DEPARTURES 21st largest employer in 41st largest employer in 46th largest employer in Utah by number of employees Utah by number of employees Utah by number of employees (2018) (2018) (2018) Salt Lake City is a major hub Headquartered in St. George, Maintains corporate offices in for Delta Air Lines with about Utah. Cottonwood Heights, Utah. 70 percent of total traffic at 23rd SLC International. SkyWest is the largest JetBlue serves 102 BUSIEST AIRPORT IN regional airline in North destinations in the U.S., NORTH AMERICA Delta is the world’s 2nd America by number of Mexico, the Caribbean, Central largest airline by number of passengers. America and South America. passengers.

COLLIERS INTERNATIONAL | UTAH INLAND PORT UTAH’S PORT INLAND WILL ACCELERATE COMMERCE other places. Carolina, Tucson, Arizonaaswell asmany Kansas City, Missouri, Greenville, South Similar portshave beenestablishedin handling that distributionworkload. some of the pressure oncoastal portsby Utah’s economy. Inlandportsalleviate possible impactofaninlandportfor Business leaders have recognized the • • • • designated foreign-trade zone Utah’s bea inlandportwill infrastructure already in-place center, withcurrent road andrail major western portandpopulation advantage ofbeingclose to every Salt Lake County hasalogistical Salt Lake City’s northwest quadrant 20,000 acre import-export hubin The inlandportisplanned to bea development project the state’s largest-ever economic development as hasbeenbilled Salt Lake City’s inlandport highway andrail linesalready crossing through the region. considered apremier locationfor aninland portbecauseof the internationalairport,and the major interstate An inlandportisa logistics anddistributionhub 0 35 ! 5 ! 5 San Francisco San Francisco ! 5 70 ! 5 Portland Portland Medford Medford Eugene Eugene ! 5 ! 5 Salem Salem Sacramento Sacramento ! 14 5 Seattle 0 Yakima Reno Reno Yakima ! 5 that islocatedinlandfrom coastal seaports.SaltLake City is ! 5 Fresno Fresno 21 ! ! 5 5 0 Bakersfield Bakersfield ! 5 Los Angeles Los Angeles 28 0 ! Spokane Spokane 5 San Diego San Diego 35 ! 5 0 Mile Las Vegas Las Vegas ! 5 s Twin Falls Twin Falls Boise Boise ! 5 ! 5 Missoula Missoula St George St George COLLIERS INTERNATIONAL |UTAH ! ! 5 5 Ogden Ogden Flagstaff Flagstaff ! 5 Idaho Falls Idaho Falls ! 5 ! 5 ! 5 ! Pocatello Pocatello 5 Phoenix Phoenix ! 5 ! 5 ! 5 Salt LakeCity Salt LakeCity Tucson Tucson Salt Lake City Helena Helena ! Provo Provo 5 Great Falls Great Falls ! 5 Grand Junction Grand Junction ! 5 ! 5 Billings Billings Casper Casper Boulder Boulder Albuquerque Albuquerque Colorado Springs Colorado Springs ! 5 ! ! 5 5 Santa Fe Santa Fe Las Cruces Las Cruces ! 5 Cheyenne Cheyenne ! 5 ! 5 ! 5 ! 5 ! Denver Denver 5 Pueblo Pueblo 324 South State Street Salt Lake City, Utah

Annastasia Kaessner +1 801 441 5921 [email protected]

Rusty Lugo +1 801 947 8377 [email protected]

Colliers International 111 Main Street | Suite 2200 Salt Lake City, UT 84111 P: +1 801 947 8300 COLLIERS INTERNATIONAL