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3/20/25
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Fort Street Partners has partnered with Cumming Capital Management to complete the acquisition of Lehi Spectrum I and II, two Class A tech office properties in the heart of Lehi, Utah's Silicon Slopes. Built in 2018 and 2020, the buildings contain a combined 265k sf of space and are located in the most sought-after commercial space in Utah.
Located on the I-15 corridor, centered between Salt Lake and Utah Counties – Utah’s two largest urban areas – Lehi Spectrum is a unique premier office space with a highly-educated workforce and large market population. Onsite tenant amenities at Lehi Spectrum include pickleball courts, a daycare, gym, locker rooms with showers, an open space auditorium and food services.
Fort Street Partners currently owns and provides property management services for 1.5 msf of office, retail, and medical space throughout Utah. According to Jenny Taumoepeau, Fort Street Partners COO, Lehi Spectrum is a unique property with a strong cash flow and diversified tenant mix.
Bryce Blanchard with Newmark and Woodley Real Estate represented the seller in the transaction. The price was not disclosed.
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