Security National Financial Corporation Announces New Leases for its Center 53 Building in Murray, Utah
November 26 2018 - 12:05PM
Security National Financial Corporation (NASDAQ-SNFCA) is pleased
to announce two new leases totaling approximately 43,000 square
feet for its Center 53 development located in Murray, Utah.
The full 6th floor of the Center 53 building has
been leased by a publicly-traded national credit tenant who
requested to be unnamed at this time, and a portion of the 1st
floor by Zwick Construction Company. Zwick Construction, a
third-generation company, was founded by Bill Zwick in 1969 and has
built a wide array of construction projects in 11 states and two
countries beyond the United States. In addition to Salt Lake, Zwick
has regional offices in California and Southern Utah.
With these new tenants the building is now at
54% occupancy, with most of that leasing coming in the past year.
The company is actively pursuing and negotiating leases with
prospective tenants for the remaining space in the building.
Scott Quist, President and Chief Executive
Officer of the Company, stated, “The leasing activity which we have
recently experienced is extremely encouraging. Not only does it
show the acceptance of Class A office space in our submarket, but
it also demonstrates growth in the commercial real estate market
for the Salt Lake metropolitan area. We anticipate this leasing
velocity to continue as we see more companies move to our
region.”
This press release contains statements that, if
not verifiable historical fact, may be viewed as forward-looking
statements that could predict future events or outcomes with
respect to Security National Financial Corporation and its
business. The predictions in the statements will involve risk and
uncertainties and, accordingly, actual results may differ
significantly from the results discussed or implied in such
forward-looking statements.
For Further Information Contact: Brian Nelsenor Garrett S.
SillSecurity National Financial CorporationP.O. Box 57250Salt Lake
City, Utah 84157(Telephone) (801) 264-1060(Fax) (801)
265-9882Website: www.securitynational.com
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