-- Former Ancestry.com HQ Changes Hands --
Colliers International today announced the sale of The Park at Riverwoods. Comprising two buildings, the property totals nearly 120,000 square feet of office space on 9.26 acres. The Park served as the former headquarters for Ancestry.com. Brandon Fugal, Josh Smith and James Bullington from Colliers brokered this significant transaction.
“This is a landmark transaction in the Utah County office market,” said Brandon Fugal, chairman of Colliers International | Utah. “With various notable transactions taking place throughout the area over the past few months, the region is well-positioned for continued expansion.”
Terracom purchased the property from Brentwood Provo, and has been making significant upgrades to infrastructure. Colliers represented both parties in the transaction
“We are entering a new era for economic development in the Provo/Orem metro area,” said Fugal. “The Provo campus is ideally located next door to the headquarters of Vivint, Qualtrics, Imagine Learning. Chatbooks and other growing companies.”