Parkway Tower

Summary

10542 South Jordan Parkway
South Jordan, UT 84095
48,460 sq. ft.

November 2015, Hayman Properties closed escrow on Parkway Tower, a 48,500 square foot value add office building in South Jordan, UT.  The current market vacancy rate is 5% and during the escrow period, Parkway Tower had an occupancy rate of 63%. Per the strategy, and ahead of schedule, Parkway Tower currently has an occupancy rate above 85%. Parkway Tower offers fantastic views of the Valley, immediate access to I-15, great parking, and a projected IRR above 25%.