Commercial Property Management
Wasatch's hallmark acquisition occurred in 2001 when it purchased the Wells Fargo Center, a 600,000 square foot class-A office building located in the heart of Salt Lake City's central business district and home to Wasatch's Salt Lake City offices.
Wasatch invests in undervalued office and retail properties in well-located markets where the asset value has deteriorated due to inadequate management systems, underfunded capital maintenance/repair, and over-leveraged or inadequately structured financing.
Capital funding for our acquisitions typically occurs via direct investment from our family of investment partners coupled with appropriately leveraged financing. Our investment approach with each acquisition focuses on the creation of sustainable, growing streams of cash flow for our investors.