Utah’s commercial real estate sector plays a crucial role in the state's economy, bringing together a range of companies that develop, manage, and broker properties. This industry supports various asset types, from retail centers to multi-family housing. The state's robust growth and demand for commercial space create opportunities for innovation in property management and investment strategies. With environmental sustainability becoming a focal point, many firms are adapting their practices to meet local community needs. The future looks promising as companies leverage technology and market insights to thrive in this evolving environment.


This list features 21 commercial real estate companies operating in Utah, primarily based in urban centers like Salt Lake City and Provo. Founded between 1972 and 2017, these firms range in size from small teams to significant corporations, providing services such as property management, tenant representation, and construction. Together, they manage a diverse portfolio, reflecting the growing commercial landscape. Their expertise spans various sectors, demonstrating notable partnerships with local businesses and long-term investment strategies in the competitive market.


Continue reading to discover the top commercial real estate companies in Utah.


Top 21 Commercial Real Estate Companies in Utah


1. CBC Advisors

  • Website: cbcadvisors.com
  • Ownership type: Corporate
  • Headquarters: Salt Lake City, Utah, United States (USA)
  • Employee distribution: United States (USA) 92%, Indonesia 8%
  • Latest funding: April 2018
  • Founded year: 1998
  • Headcount: 201-500
  • LinkedIn: cbc-advisors

CBC Advisors, also known as Coldwell Banker Commercial, is a real estate brokerage based in Salt Lake City, Utah. Established in 1998, the company specializes in commercial real estate services, catering to businesses and investors alike. Their offerings include property management, tenant representation, and investment services, aimed at helping clients navigate the complexities of the market. CBC Advisors focuses on maximizing returns across various property types, including retail, industrial, and office spaces. With a workforce of around 40 employees, the company maintains a strong presence in the United States, complemented by a small international footprint. Their commitment to providing expert guidance and local knowledge positions them as a reliable partner in the commercial real estate sector.


2. The Boyer Company

  • Website: boyercompany.com
  • Ownership type: Corporate
  • Headquarters: Salt Lake City, Utah, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: March 2018
  • Founded year: 1972
  • Headcount: 51-200
  • LinkedIn: the-boyer-company

The Boyer Company, based in Salt Lake City, Utah, is a real estate developer and property management firm that has been active since 1972. Specializing in a variety of property types, including office, retail, residential, and industrial projects, the company has developed over 43 million square feet of commercial space primarily in the Western United States. The Boyer Company prides itself on providing comprehensive project management and construction services, ensuring high-quality outcomes for its clients. With a workforce of 126 employees, the company has built a reputation for integrity, flexibility, and a strong focus on client relationships. Their portfolio includes notable projects across multiple sectors, demonstrating their capability and commitment to the commercial real estate industry.


3. Apex Commercial Real Estate Services | KW South Valley Keller Williams


Apex Commercial Real Estate Services | KW South Valley Keller Williams is a private real estate agency based in South Jordan, Utah, established in 2017. The company focuses on commercial property services, offering expertise across various sectors such as hospitality, multi-family, retail, industrial, land, and office spaces. Their team is dedicated to assisting clients in navigating the complexities of buying, selling, leasing, and managing commercial properties. Apex CRE prides itself on building long-term relationships with clients, emphasizing trust, respect, and transparency. They have successfully facilitated numerous transactions, showcasing their ability to optimize real estate investments for a range of clients, including investors and businesses. The firm is licensed in multiple states, allowing them to serve a broader clientele and adapt to various market conditions. Their commitment to innovative solutions and market insights positions them as a relevant player in the commercial real estate industry.


4. InterNet Properties

  • Website: iproperties.com
  • Ownership type: Private
  • Headquarters: Salt Lake City, Utah, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1994
  • Headcount: 11-50
  • LinkedIn: internet-properties

InterNet Properties, Inc. is a private real estate agency based in Salt Lake City, Utah, with a focus on commercial real estate services. Established in 1994 by Vasilios Priskos, the firm has built a reputation for its commitment to service and integrity. InterNet Properties offers a comprehensive range of services, including brokerage, property management, and consulting tailored to the needs of landlords, tenants, and developers. The company prides itself on its local market knowledge, which it leverages to provide clients with valuable insights and customized solutions. Their portfolio includes various projects across retail, office, and industrial sectors, showcasing their capability in managing and leasing commercial properties. With a dedicated team of professionals, InterNet Properties continues to play a significant role in the Salt Lake City real estate market, helping clients navigate the complexities of real estate transactions.


5. Woodbury Corporation

  • Website: woodburycorp.com
  • Ownership type: Corporate
  • Headquarters: Salt Lake City, Utah, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: $120.5M, July 2017
  • Founded year: 1919
  • Headcount: 501-1000
  • LinkedIn: woodbury-corporation

Woodbury Corporation, founded in 1919, is a real estate development and management firm based in Salt Lake City, Utah. With a workforce of approximately 500 to 1,000 employees, the company has built a robust portfolio that includes over 180 properties across 16 states. Their focus spans various property types, including retail, office, multi-family housing, senior living, and student housing. Woodbury Corporation prides itself on its hands-on approach to development, emphasizing the importance of creating spaces that enhance community living. They have a history of successful projects, including shopping centers and mixed-use developments, and they actively manage nearly 200 properties. Their expertise extends to private equity, property management, and hotel management, showcasing their comprehensive involvement in the real estate industry.


6. Newmark Grubb ACRES

  • Website: ngacres.com
  • Ownership type: Private
  • Headquarters: Salt Lake City, Utah, United States (USA)
  • Founded year: 1998
  • Headcount: 51-200
  • LinkedIn: newmark-grubb-acres

Newmark Grubb ACRES is a commercial real estate brokerage based in Salt Lake City, Utah, founded in 1998. The firm operates with a team of approximately 128 employees, offering a range of services tailored to meet the needs of businesses and organizations seeking commercial real estate solutions. Their expertise includes landlord and tenant representation, investment sales, and property management. Newmark Grubb ACRES prides itself on its extensive market knowledge, which helps clients navigate the complexities of real estate transactions. The company serves a variety of clients, from small local businesses to larger institutional entities, demonstrating a commitment to understanding and addressing their unique real estate challenges. Through their market research and reports, they provide valuable insights into the Greater Salt Lake area, further solidifying their role as a knowledgeable player in the commercial real estate market.


7. PEG Companies

  • Website: pegcompanies.com
  • Ownership type: Corporate
  • Headquarters: Provo, Utah, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: $22.0M, October 2024
  • Founded year: 2003
  • Headcount: 1001-5000
  • LinkedIn: pegcompanies

PEG Companies, based in Provo, Utah, is a real estate investment firm that specializes in commercial real estate. Founded in 2003, the company has grown to manage over $1.9 billion in assets across various sectors, including multifamily housing, hospitality, and commercial properties. PEG Companies operates through several divisions: PEG Capital Partners, PEG Development, PEG Construction, PEG Property Group, and PEG Hospitality Group. This structure allows them to handle all aspects of real estate, from acquisition and development to property management and hospitality services. They focus on creating value through strategic investments in strong growth markets, ensuring that each project is carefully vetted to mitigate risks. Their commitment to quality living experiences for tenants and stable returns for investors highlights their dual focus on performance and community impact. Recently, they secured $22 million in funding, indicating their active role in the market and potential for future growth.


8. Wasatch Property Management

  • Website: wasatchgroup.com
  • Ownership type: Private
  • Headquarters: Logan, Utah, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1988
  • Headcount: 501-1000
  • LinkedIn: wasatch-property-management

Wasatch Property Management, part of the Wasatch Group, is a private real estate development and property management firm based in Logan, Utah. Founded in 1988, the company has built a reputation for managing a variety of properties, including commercial and multifamily units. They offer comprehensive services that cover property management, construction, and investment management, catering to real estate developers and investors. Wasatch Property Management operates through several divisions, including Wasatch Commercial Management, which specifically focuses on commercial properties. Their commitment to community impact and innovation is evident in their business practices, as they strive to create growth opportunities not just for their clients but also for the communities they operate in. The company employs around 392 individuals, indicating a substantial workforce dedicated to their mission.


9. Crest Realty

  • Website: crestrealtyutah.com
  • Ownership type: Private
  • Headquarters: Ogden, Utah, United States (USA)
  • Employee distribution: United States (USA) 75%, Canada 25%
  • Founded year: 1978
  • Headcount: 1-10
  • LinkedIn: crest-realty

Crest Realty, based in Ogden, Utah, has been a significant player in the real estate market since its inception in 1978. The company specializes in both commercial and residential properties, offering a range of services that include property sales, leasing, and management. With a dedicated team of seasoned Realtors, Crest Realty aims to provide clients with the insights and support necessary to navigate the complexities of real estate transactions. Their focus on Northern Utah allows them to cater specifically to the needs of local businesses and residents, making them a trusted partner in the community. Crest Realty's commitment to client advocacy and negotiation further enhances their reputation in the industry, ensuring that they secure favorable outcomes for all parties involved.


10. Wadsworth Development Group

  • Website: wadsdev.com
  • Ownership type: Family Owned
  • Headquarters: Draper, Utah, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1996
  • Headcount: 11-50
  • LinkedIn: wadsworth-development-group

Wadsworth Development Group, based in Draper, Utah, is a family-owned real estate development and property management firm founded in 1996. The company specializes in commercial real estate, providing a range of services that include development and ongoing management of properties. With a team of 27 employees, Wadsworth Development Group has built a reputation for its integrity and ability to navigate the complexities of real estate projects. They have developed a stable portfolio that outperforms national averages, focusing on projects that enhance community value and meet client expectations. Their operations extend throughout the Intermountain West, and they have engaged in various types of developments, including mixed-use, industrial, and hospitality projects. Wadsworth Development Group prides itself on maintaining long-term relationships with clients and partners, emphasizing a culture of collaboration and trust.


11. Mountain West Commercial Real Estate

  • Website: mwcre.com
  • Ownership type: Private
  • Headquarters: Salt Lake City, Utah, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2009
  • Headcount: 51-200
  • LinkedIn: mountain-west-retail-and-investment

Mountain West Commercial Real Estate, established in 2009, operates as a commercial real estate brokerage based in Salt Lake City, Utah. The firm offers a comprehensive suite of services, including property management, market analysis, and real estate transactions. They cater to a wide array of clients, from businesses to individuals, helping them navigate the often intricate real estate market. The company focuses on various sectors, such as retail, hospitality, and industrial real estate, showcasing their adaptability and understanding of market demands. With a team of approximately 140 employees, Mountain West has expanded its footprint beyond Utah, with offices in Las Vegas, Billings, Idaho Falls, Ogden, St. George, and Northern Utah. Their mission emphasizes quality service over size, which resonates in their operational philosophy and client relationships.


12. Dakota Pacific Real Estate


Dakota Pacific Real Estate is a private real estate development and investment firm based in Salt Lake City, Utah. Established in 2009, the company focuses on meeting the multi-family residential, industrial, and commercial real estate needs of the Intermountain West. With a commitment to excellence, Dakota Pacific aims to create long-term value for its investors and the communities it serves. The firm has a portfolio that includes various projects across multiple sectors, showcasing its capability in acquiring, developing, and managing high-quality properties. As of now, Dakota Pacific manages around $660 million in real estate assets, with a total of $1.25 billion in owned and developed properties since inception. This indicates a robust presence in the market and a dedication to sustainable growth in the real estate sector.


13. NAI Excel - Utah

  • Website: naiexcel.com
  • Ownership type: Private
  • Headquarters: St. George, Utah, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2001
  • Headcount: 11-50
  • LinkedIn: naiexcel

NAI Excel - Utah is a commercial real estate brokerage based in St. George, Utah, with additional offices in Las Vegas, Cedar City, Lehi, and San Antonio. Founded in 2001, the company specializes in various services such as brokerage, asset management, and property management. They cater to property owners, investors, and businesses, assisting them in navigating real estate transactions and maximizing property value. NAI Excel is part of the NAI Global network, which consists of over 325 offices worldwide, allowing them to tap into a broader market and provide clients with extensive resources. Their team is composed of experienced professionals who are dedicated to delivering tailored solutions to meet client needs. The company has built a reputation for its commitment to technology and research, which enhances their service offerings and market insights.


14. Gardner Group

  • Website: gardnergroup.com
  • Ownership type: Private
  • Headquarters: Salt Lake City, Utah, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2004
  • Headcount: 11-50
  • LinkedIn: gardnercompany

Gardner Group, based in Salt Lake City, Utah, is a commercial real estate development firm founded in 2004. With a workforce of 11 to 50 employees, the company specializes in sustainable building practices and offers a comprehensive suite of services including property management, architectural design, and construction management. They have successfully developed over 30 million square feet of commercial real estate, focusing on projects that serve businesses and organizations in Utah, Idaho, and Nevada. Notable projects include the Baltic Pointe building, which is set to be Utah's first commercial mass timber structure, showcasing their commitment to innovative and eco-friendly construction methods. Gardner Group also emphasizes community involvement, supporting over 50 organizations in sectors such as healthcare, education, and environmental conservation. Their approach combines real estate development with a strong focus on sustainability and community enhancement.


15. Property Management Inc.

  • Website: propertymanagementinc.com
  • Ownership type: Private
  • Headquarters: Lehi, Utah, United States (USA)
  • Employee distribution: United States (USA) 91%, Malaysia 2%, Other 6%
  • Latest funding: $1.0M, May 2023
  • Founded year: 2008
  • Headcount: 201-500
  • LinkedIn: property-management-inc-

Property Management Inc. (PMI), founded in 2008 and based in Lehi, Utah, is a private property management firm with a workforce of approximately 469 employees. The company offers a comprehensive suite of services that includes residential, commercial, association, and short-term rental management. PMI aims to assist property owners and investors by providing tailored solutions that enhance property value and simplify management tasks. They have a significant presence in the United States, with a small percentage of their workforce located internationally. Recently, PMI secured $1 million in funding in May 2023, indicating ongoing growth and investment in their operations. Their commitment to effective communication, integrity, and accurate accounting underpins their service delivery, making them a notable player in the property management industry.


16. Northpoint Asset Management, Inc.

  • Website: northpointam.com
  • Ownership type: Private Equity
  • Headquarters: Salt Lake City, Utah, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Latest funding: January 2024
  • Founded year: 2006
  • Headcount: 201-500
  • LinkedIn: northpoint-asset-management

Northpoint Asset Management, Inc., founded in 2006 and based in Salt Lake City, Utah, is a private equity firm specializing in property management and real estate services. The company manages a substantial portfolio of both residential and commercial properties, catering to a wide range of clients, including property owners, tenants, and institutional investors. Northpoint's services include property management, real estate sales, and institutional services, ensuring effective asset management and compliance. With a workforce of approximately 137 employees, the firm operates over 40 office locations across the United States, managing assets valued at over $5 billion. Their approach emphasizes strong client relationships and performance, aiming to provide best-in-class service in the competitive real estate market.


17. West77 Partners

  • Website: west77partners.com
  • Ownership type: Private
  • Headquarters: Lehi, Utah, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2014
  • Headcount: 1-10
  • LinkedIn: west77-partners

West77 Partners is a private real estate investment firm based in Lehi, Utah, with additional offices in Bellevue, Washington, Scottsdale, Arizona, and Raleigh, North Carolina. Established in 2014, the firm specializes in the development and acquisition of commercial properties, including hospitality, multi-family, office, and mixed-use projects. With a portfolio exceeding $500 million in developed and ongoing assets, West77 Partners demonstrates a strong commitment to maximizing the value of real estate investments through strategic management and operational expertise. The company offers a range of services, including development, construction, asset management, and investment sales, catering primarily to investors and property owners. Their investment philosophy focuses on identifying well-located assets with high barriers to entry, allowing them to add value through operational proficiency. The team at West77 Partners comprises experienced professionals who have collectively developed projects totaling over $1 billion, reflecting their deep industry knowledge and commitment to delivering quality results.


18. Provident Partners Commercial

  • Website: ppc-utah.com
  • Ownership type: Private
  • Headquarters: Ogden, Utah, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 2004
  • Headcount: 11-50
  • LinkedIn: provident-partners-commercial

Provident Partners Commercial (PPC) is a private real estate agency based in Ogden, Utah, specializing in commercial real estate services. Established in 2004, the firm has built a reputation for assisting clients in buying and selling commercial properties. With a team of 15 dedicated professionals, PPC leverages over 30 years of collective experience in the industry. Their clientele includes both businesses and individuals, reflecting their adaptability and expertise in navigating various real estate transactions. PPC prides itself on a client-first approach, ensuring that each transaction is handled with care and professionalism. The firm actively engages in the local market, providing insights and guidance that are crucial for making informed decisions. Their commitment to integrity and exceptional service positions them as a reliable partner in the commercial real estate landscape.


19. Free and Associates


Free and Associates, known as Valbridge Property Advisors, is a prominent real estate appraisal firm based in Salt Lake City, Utah. Founded in 1976, the company has built a reputation for providing comprehensive valuation and advisory services tailored to commercial properties. With a team of experienced appraisers, each holding the MAI designation from the Appraisal Institute, Valbridge focuses on delivering objective and accurate property evaluations. Their expertise spans various property types, including office, industrial, retail, multi-family, and hospitality. Valbridge also offers specialized practices such as fair value accounting, property risk assessment, and evaluations for financial reporting. The firm leverages advanced technology solutions, including their proprietary Valnow platform, to enhance the appraisal process and provide real-time valuation insights. This commitment to innovation and quality service positions Valbridge as a key player in the commercial real estate sector, serving businesses and organizations that rely on precise property valuations for informed decision-making.


20. Overland Group, Inc.

  • Website: overlandgroupinc.com
  • Ownership type: Private
  • Headquarters: Lehi, Utah, United States (USA)
  • Employee distribution: United States (USA) 100%
  • Founded year: 1987
  • Headcount: 11-50
  • LinkedIn: overland-group-inc.

Overland Group, Inc. is a private real estate development and management company based in Lehi, Utah. Established in 1987, the firm specializes in a wide array of services that include investment capital, construction management, property management, and real estate brokerage. Overland Group has a notable track record, having developed over 20 million square feet of commercial space and currently managing more than 10.6 million square feet across various sectors such as office, industrial, retail, multi-family, and healthcare. The company prides itself on its ability to navigate complex legal and environmental challenges, ensuring successful project outcomes. Overland Group operates multiple subsidiaries, including Overland Advisors and Overland Capital, which enhance its capabilities in real estate finance and brokerage. Their commitment to quality and client satisfaction is reflected in their numerous awards for outstanding design and development, showcasing their impact in the commercial real estate industry.


21. Investment Realty Advisors


Investment Realty Advisors, founded in 2008 and based in Midvale, Utah, is a private real estate brokerage and property management firm. With a team of 32 employees, the company specializes in both commercial and residential real estate services. They assist property owners in managing their investments while also providing tenants with various rental options. Their operations are primarily focused on the Salt Lake Area Market, where they have established a reputation for their comprehensive approach to real estate. Investment Realty Advisors combines property management with brokerage services, aiming to simplify the investment process for their clients. Their offerings include asset management, deal sourcing, and assistance with 1031 exchanges, showcasing their expertise in navigating complex real estate transactions. The firm prides itself on its industry experience, with a team that has over 19 years of collective knowledge in the market.



Commercial Real Estate Insights: Key Companies in Utah


CompanyHeadquarterSizeFoundedOwnership
CBC AdvisorsSalt Lake City, Utah, United States (USA)201-5001998Corporate
The Boyer CompanySalt Lake City, Utah, United States (USA)51-2001972Corporate
Apex Commercial Real Estate Services | KW South Valley Keller WilliamsSouth Jordan, Utah, United States (USA)1-102017Private
InterNet PropertiesSalt Lake City, Utah, United States (USA)11-501994Private
Woodbury CorporationSalt Lake City, Utah, United States (USA)501-10001919Corporate
Newmark Grubb ACRESSalt Lake City, Utah, United States (USA)51-2001998Private
PEG CompaniesProvo, Utah, United States (USA)1001-50002003Corporate
Wasatch Property ManagementLogan, Utah, United States (USA)501-10001988Private
Crest RealtyOgden, Utah, United States (USA)1-101978Private
Wadsworth Development GroupDraper, Utah, United States (USA)11-501996Family Owned
Mountain West Commercial Real EstateSalt Lake City, Utah, United States (USA)51-2002009Private
Dakota Pacific Real EstateSalt Lake City, Utah, United States (USA)11-502009Private
NAI Excel - UtahSt. George, Utah, United States (USA)11-502001Private
Gardner GroupSalt Lake City, Utah, United States (USA)11-502004Private
Property Management Inc.Lehi, Utah, United States (USA)201-5002008Private
Northpoint Asset Management, Inc.Salt Lake City, Utah, United States (USA)201-5002006Private Equity
West77 PartnersLehi, Utah, United States (USA)1-102014Private
Provident Partners CommercialOgden, Utah, United States (USA)11-502004Private
Free and AssociatesSalt Lake City, Utah, United States (USA)11-501976Private
Overland Group, Inc.Lehi, Utah, United States (USA)11-501987Private
Investment Realty AdvisorsMidvale, Utah, United States (USA)11-502008Private


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