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RESEARCH PARK GROUP BUYS INNOVATION CENTER BUILDING

AMB Institutional Realty Advisers has sold the Utah Innovation Center Building at 417 Wakara Way in the University of Utah Research Park to Research Park Associates for an undisclosed amount.

The 76,000 square-foot commercial office building has been managed and leased for more than 10 years by Wallace Associates. Rick Davidson and Debra Elkins of Wallace Associates Business Properties Group represented AMB in the transaction.