Newmark Grubb ACRES welcomes Olive & Cocoa, LLC to the new Copper Crossing I building located in Salt Lake City at 6345 West 300 South.
The 157,148 SF building is currently under construction and located just off I-80 where Olive & Cocoa will be the sole tenant as they move their corporate headquarters and expand into some additional distribution space at this new location. NGA Executive Managing Director Lucas M. Burbank and NGA Senior Associate Kelsie Akiyama represented the tenant, Olive & Cocoa, in this transaction while Michael Jeppesen and Jeremy Jensen of IPG Commercial represented the landlord, Riverbend Holdings Utah.
Olive & Cocoa, LLC is a catalog and web-based direct marketing company located in Salt Lake City, Utah. Founded in 2009 and owned by a marketing professional husband and wife team, Greg and Lisa Berglund, Olive & Cocoa works to bring unique and elegant gifting arrangements with a personal touch to catalog and online shoppers. From gourmet food crates to timeless executive gifts, Olive & Cocoa gift selections have been carefully arranged to offer a refreshingly modern approach to traditional gift giving.
Riverbend Management Incorporated is a management company based in Idaho Falls, Idaho where they manage several operating companies and specialize in real estate development with retail, multi-family, office, and industrial projects throughout the intermountain region. Riverbend Management is also the developer of Herriman Innovation District located at 7017 West 11800 South in Herriman, Utah.