Salt Lake City – November 14, 2013 – The Salt Lake City office of CBRE today announced that global professional services company Towers Watson (NYSE, NASDAQ: TW) has finalized a lease for 16,637 square feet at 222 Main. Scott Wilmarth, senior vice president, represented Towers Watson in the transaction.
Towers Watson operates the largest private Medicare exchange in the nation and was the first true defined contribution health plan exchange. The company is building out the entire third floor of the building and plans to occupy the new space before the end of the year. This will be their third location in Utah.
Wilmarth noted, “In an effort to provide its employees with a more urban working environment, Towers Watson is moving a portion of its operations from the suburbs to downtown. Offering convenience and public transportation, this new location fits the description that much of the work force desires and should prove to be advantageous as the company expands and recruits new employees.”
222 Main is a 426,657-square-foot, class A office building located in the heart of the Central Business District. With the finalization of this lease, there are only two more floors availalbe within the building. Constructed by Hamilton Partners, it was Utah’s first LEED Gold certified high-rise. CBRE’s Scott Wilmarth, senior vice president, and Eric Smith, first vice president, are the exclusive leasing agents for the building.
Towers Watson (NYSE, NASDAQ: TW) is a leading global professional services company that helps organizations improve performance through effective people, risk and financial management. The company offers solutions in the areas of benefits, talent management, rewards, and risk and capital management. Towers Watson has 14,000 associates around the world and is located on the web at towerswatson.com.
About CBRE Group, Inc. CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2012 revenue). The Company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.