Skip to main content Skip to footer

Timpanogos Technology Center

timp tech 1

Timpanogos Tech Center new ownership has spent the last 3.5 years investing and positioning itself as a state-of-the-art park, and it is paying off.

Timpanogos Technology Park Experienced Strong Office Leasing Activity.

Companies are making Timpanogos Tech their Long-Term homes –

 

Provo, UT ( November 17, 2020) — Timpanogos Tech Center (the former Novell campus), located at 1712 South East Bay Blvd in Provo, UT, has experienced strong leasing activity in 2020. Located in a rare Utah County Opportunity Zone, the park has landed some notable deals this year. Timpanogos Tech Center new ownership has spent the last 3.5 years investing and positioning itself as a state-of-the-art park, and it is paying off. 

Timpanogos Tech offers functional, and relevant Class A tech finishes (new lobbies bathrooms, open ceilings), expansion opportunities, large open green spaces, on-site cafeteria, a spacious 8,535 square feet work out facility, Mercedes-Benz Van Shuttle Service, 24-7 on-site security, redundant fiber connections and basketball, volleyball, soccer, BBQ and outdoor lounge and more. The park also offers potential tax advantages for tenants leasing space within this Opportunity Zone.

   

The amenities and improvements of the park have resonated with the following companies as they have signed 5 to 15-year leases, taking advantage of the park's amenities and expansion opportunities. 

 

Chrysalis (Utah and Nevada's #1 service provider for adult handicap and traumatic brain injury citizens) signed a seven-year lease and expanded to over 15,000 square feet suite creating room for current and future growth.

 

Cricut, the industry leader of creative tools for do it yourself craft projects, took over 33,000 square feet full floor for five years.  

 

Rocky Mountain University & Noorda Medical School recently signed a 15-year lease on over 58,000 square feet. Their total takedown in 2020 has totaled roughly 86,500 square feet. This commitment will offer Utah County a new accredited Optometry School in addition to their current Healthcare degrees in nursing, neurology, orthopedics, physical therapy, and more. 

 

And Branded Entertainment Network, a brand integration and product placement company that undoubtedly has influenced you. When you see a product or brand in a movie, commercial, or an influencer collaboration BEN product placement likely coordinated the deal. BEN has expanded from just over 11,000 to almost 15,000 square feet and is currently building out its new space where they will reside for the next 8.5 years. 

 

BEN, Chrysalis, Cricut, Rocky Mountain University & Noorda are the deals we have signed, with more negotiations in the works. "It has been exciting to reposition the asset and change the tenant experience for the campus. Furthermore, nurturing relationships with these successful companies have resulted in this place coming alive in South Provo", said John Lake, head of real estate for the Landlord. 

 

Josh Martin, Dan Donaldson, James Bullington, and Brandon Huntsman, the Parks Brokerage team from Colliers International, have enjoyed working hand in hand with John Lake and the real estate manager Jonathan Hawkes at CBRE property management. "John Lake and his team at Timpanogos Tech Center have been instrumental in being able to successfully navigate through the needs of the Tenants to get to deal terms that made sense for Long-Term commitments," said Josh Martin of Colliers. 

 

Keith Morey, Provo Cities head of Economic Development, stated, "During a time when companies can be hesitant to make definitive and long term commitments, I am excited to see these tenants commit to the park and our Provo community, knowing that this is the right decision even in uncertain times. " 

 

As South County offers more affordable housing options, we see a growing population of talented young programmers and engineers. Timpanogos Tech Centers proximity provides a lifestyle and commute that is consistent with South County living. Timpanogos Tech Centers favorable commute for residents from Payson to Pleasant Grove has been a key benefit for employers and employees.

 

As the #1 commercial real estate services company in Utah, Colliers now maintains five offices along the Wasatch front with 240 local professionals. 


Related Experts

Josh Martin

Executive Vice President

Utah County

Josh Martin began his commercial real estate career in 2001 when he joined Commerce Real Estate Solutions team, followed by CBC Advisors and then Colliers International. He has been a leading agent from the start and has exceptional communication and interpersonal skills that help him retain clients for multiple transactions year in and year out.

Josh’s knowledge, experience,and dedication have given him the opportunity to work with such clients as Auto Zone, UniFirst, Enterprise Rent-A-Car and The Woosley Group as well as small individual investors, local developers and successful Utah-only proprietors. Josh has distinguished himself as a key performer and leader for his clients and his firm. His strong organizational attributes help him to keep the information flow moving, which, in turn, makes for smooth transactions, particularly when it comes time to close deals. Josh understands that his clients know their real estate needs and it is his job to know and understand the real estate market, recognizing current and potential needs and, in turn, quickly finding solutions to those needs.

View expert

Dan Donaldson

Senior Vice President

Utah County

Daniel L. Donaldson is a Senior Associate broker for Colliers International. During his career, Daniel’s transaction volume has exceeded $200 million. He is recognized as one of Utah County’s top producers. As a native of Utah County, Dan is distinguished as a veteran in the market with over 11 years of experience in the commercial real estate industry. His wide range of specialties includes office and retail real estate, with considerable experience in office, retail and industrial leasing.

View expert

Brandon Huntsman

Senior Vice President

Utah County

Brandon is a member of the Huntsman, Donaldson, Bullington & Martin senior account team, which has over 50 years of combined experience in commercial sales and leasing. Their total transactions exceed 6 million square feet and $450 million in real estate value, and they have done business with multiple Fortune 500 companies. Providing detailed information allows the team’s clients to make educated and sound real estate decisions. Prior to embarking on a career in commercial real estate, Brandon held management positions with two nationally known resorts, where he gained experience in customer service and account management. He also gained an aggressive winning attitude by playing professional baseball for the Baltimore Orioles.

Brandon’s comprehension of the real estate transaction process and his ability to negotiate successful deals has given him the opportunity to work with such clients as IHC, Wells Fargo, Access Data, Central Utah Medical Clinic, Utah Community Credit Union, Symantec and many more. This understanding makes Brandon an invaluable asset to those with whom he works; they know they can count on him to get the job done.

Brandon began his real estate career in 2003 at Cushman & Wakefield Commerce. He later became one of the top-producing agents in CBC Advisors’ Provo office and was the top producer in 2008. He brings his motivation for success, strong work ethic and high energy to Colliers International, and he has focused his professional pursuits on building long-lasting relationships.

Brandon understands that being dedicated to clients and knowing their needs will ensure success in real estate deals. He now uses his knowledge and skills in the commercial real estate industry, allowing him to assist clients in bringing transactions to a close.

View expert

James Bullington

Senior Vice President

Utah County

Prior to joining Colliers International, James Bullington began his real estate career in 2000 at Cushman & Wakefield Commerce before moving to CBC Advisors. He has been one of the top four producers of the Provo office every year since 2001 and the top producing agent three of the last six years.

Earning the trust of clients and being a strategic thinker has been key in developing long-term client relationships. Bullington has served clients in additional markets, including San Francisco, Los Angeles, San Diego, Houston, Dallas/Fort Worth, Boise, Denver, Las Vegas, Reno, Washington DC, Baltimore, Richmond, Tampa, Fort Lauderdale, Phoenix, Toronto and London.

James is a member of the Bullington, Donaldson, Huntsman & Martin Senior Account Team, which has over 50 years of experience in commercial sales and leasing. Their total transactions exceed 10 million square feet and $1 billion in real estate value. They have done and currently are doing transactions with multiple Fortune 500 companies. As a team, they individually focus on specific aspects of the real estate transaction, giving better insight to their clients. Providing detailed information allows their clients to make educated and sound real estate decisions. The group has built business through satisfied clients that have helped their companies correctly position themselves in a moving real estate market.

View expert