Utah Valley University Acquires Thanksgiving Point Building Expanding its Silicon Slopes Footprint
After a two-year process, Utah Valley University (UVU) closed this week on the acquisition of an over 103,000-square-foot building in Lehi, located at 2912 West Executive Parkway, as part of its commitment to growth and community engagement.
“Lehi and north Utah County are, without question, great hubs of ideas, innovation, and growth,” said Astrid S. Tuminez, president of UVU. “Early in my tenure, I was very excited to learn about Silicon Slopes and the potential synergies between industry and academia. The long-awaited UVU campus at Thanksgiving Point is a physical location that will facilitate these powerful synergies. As we forge closer partnerships with industry, I am confident that students, families, employers, and Utah’s economy will be the clear beneficiaries.”
Brandon Fugal and Brent Haight of Colliers International facilitated the transaction for both UVU and Hayman Properties. “Located across the street from the Thanksgiving Point Commuter Rail Station, UVU’s expanded campus is strategically positioned to serve the community,” said Brandon Fugal, chairman of Colliers International | Utah. “It is an honor to facilitate this landmark transaction, which will benefit the community for decades to come.”
With over 41,728 students, Utah Valley University is the largest public university in the state of Utah, and one of a few in the nation offering a dual-mission model that combines the rigor and richness of a first-rate teaching university with the openness and vocational programs of a community college.
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