Skip to Content

Developer gambled on Salt Lake HQ deal for Questar

Eight months ago, Wasatch Commercial Management learned Questar Corp.’s lease to its long-time headquarters building on the southwest corner of 100 South and 200 East in Salt Lake City was set to expire in 2012. That led the real estate development company to gamble $100,000 it could lure Questar into becoming the anchor tenant in a new office building it wanted to construct at 333 S. State Street. “We launched the project completely on spec,” Dell Loy Hansen, president of Wasatch Commercial Man...