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Valley Grove Introduces Multiple New Restaurants
-Jersey Mikes, R&R BBQ & Starbucks Join Growing List of Retail Tenants-

Pleasant Grove, UT (February 15, 2018) Coldwell Banker Commercial Advisors (CBC Advisors) announced Jersey Mike’s, R&R BBQ and Starbucks will join one of the Utah County market’s premier new developments, Valley Grove.

“The market has taken note of Valley Grove,” said Simonsen. “It is located in the center of Utah County, one of the fastest growing areas in the entire country. Progressive companies share the development’s vision.”

An iconic business community, Valley Grove is a 60-acre mixed-use destination located in the heart of Utah County. The development represents a $250 million investment of St. John Properties in Pleasant Grove City. At final build out, Valley Grove will contain: class A office/flex space, retail and a full-service hotel. The park features amenities including retail stores, shops and restaurants.

“With a shifting retail environment and location, location, location being vital for retail success, we are pleased to see the rapid rise of interest from local and national retailers in Valley Grove,” said Daniel Thomas, regional partner for St. John Properties.

Brokers from CBC Advisors represented all parties in the transactions. Cameron Simonsen, executive vice president of retail and investment, and Brittany Ferris, retail specialist, represented the landlord, Valley Grove. Heather Bogden, vice president of retail and member of The Bowler Retail Team at CBC Advisors, represented Jersey Mike’s. Tyson Moore, vice president of retail and member of The Moore Retail Team at CBC Advisors, represented Four Foods Group on behalf of R&R BBQ.

“We’re excited to welcome Jersey Mike’s, R&R BBQ and Starbucks to Valley Grove. We look forward to announcing many more tenants in the near future. St. John Properties is a fantastic development company. They are delivering the project that Pleasant Grove deserves.”

Jersey Mike’s has taken the quintessential New Jersey sub shop experience and made it a nationwide hoagie habit. Jersey Mike’s was named the fastest-growing restaurant chain in the nation for the past three years and recently celebrated the opening of its 10th Utah location.

R&R Barbecue is a fast-casual restaurant started in Salt Lake City, serving smoked meats, house made side dishes, and desserts. Founders and brothers Rod and Roger Livingston are multi-championship winners, having participated at the Jack Daniels World BBQ Championship, the American Royal, and Sam’s National Championship. In total, they boast nine Grand Championships and seven Reserve Championships.

Today, with more than 25,000 stores around the globe, Starbucks is the premier roaster and retailer of specialty coffee in the world. Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee.

CBC Advisors is the #1 commercial real estate brokerage in Utah County, operating a full-service commercial real estate brokerage. The firm advises clients on office, retail, and industrial projects throughout the area. In 2017, CBC Advisors announced that the firm will open a new headquarters within Valley Grove’s Grove Tower, a premier 6-story Class A office tower.




Feature Client – Whistic

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Valley Grove Named 2018 Best Business of the Year by Chamber of Commerce

This week, St. John Properties Utah Regional Partner, Daniel Thomas, accepted the 2018 “Best Business of the Year” award from the Pleasant Grove/Lindon Chamber of Commerce. The award was based on St. John Properties continuing commitment to improving life and providing places for people of work, live, and play. We are happy to do our part in building communities.

Link to Daily Herald full coverage

Link to Cision article

St. John Properties Announces R&R BBQ and Other Restaurants at Valley Grove

Pleasant Grove has a variety of new projects under construction — especially off of exit 275 on I-15 — but many of them won’t be completed in 2018. “We have a huge boom of offices going on and a couple restaurants,” said Julie Henry, Pleasant Grove’s city planner. “Historically, Pleasant Grove hasn’t had a lot of restaurants, but we’re getting more.”

Some of those restaurants include R&R BBQ, Mo’ Bettahs and Jersey Mike’s Subs. But first the office space needs to be finished. The Grove, a 62-acre development, has two Valley Grove office towers planned. The 192,000-square-foot first tower is already under construction with plans to start the second tower soon.

Link to full story at

Best of 2017

No. 1 trend. County continues to grow

Utah County growth is projected to catch up to Salt Lake County, reaching 1.6 million residents by 2065, and 2017 continued to add to those numbers. The Utah County housing industry is running almost nonstop, with new homes, subdivisions and multi-tenant housing options going vertical every day.

This growth is significantly spurred by the economic growth within the county. The northern part of the county continues to be the epicenter of office and commercial development, with major developments like Lone Peak Plaza in Lehi, and company expansions — Adobe announced one and IM Flash completed one — adding millions of square feet in office and work space.

Multiple businesses moved into new headquarters or broke ground in or around Lehi this year, including Podium, Entrata, Pointe Meadows Health and Rehabilitation and the nonprofit organization and business connector Silicon Slopes. American Fork, Pleasant Grove, Lindon and surrounding areas also are growth places as well, with the Valley Grove development continuing on the east side of the Pleasant Grove Boulevard freeway interchange, doTerra’s expansion plansstraddling both sides, and Jive’s new headquarters headed for the west side of the freeway there…

See complete story HERE.

Redefining the Wasatch Front

A commercial park is adding valuable space to a community just outside Salt Lake City, Utah.

St. John Properties is developing a landmark commercial project that will forever change the suburb Pleasant Grove, Utah, which is conveniently located between Salt Lake City and Provo.

Valley Grove is a 62-acre, mixed-use development that will improve the infrastructure of Pleasant Grove and promote further development in the fast-growing area.  It will include a considerable amount of Class A office space, retail and a hotel.

The development will also help bring more jobs, tax revenue and other opportunities to the city of Pleasant Grove.

“It’s an investment upward of $300 million into what has been largely a bedroom community.” says Daniel Thomas, Regional Partner at St. John Properties. “People are excited to see that coming to their front door.”


Utah County, which includes Pleasant Grove, is one of the most dynamic markets in the United States. The team at St. John Properties believes it is a region that will continue to see long-term, sustainable growth.

“It just happens to be one of the fastest-growing counties not only in Utah, but also in the nation, from a population standpoint.” Thomas says. “Any place where you are adding mouths to feed and cars on the road, it’s really good for commercial development.”

Pleasant Grove is located along one of the region’s primary north-south arteries. Interstate 15. Because of the region’s steadily growing population, the demand for retail services and commercial space is stronger than ever.

“These are services those people are going to need.” Thomas says.

The project will also include several noteworthy environmental initiatives. Every office building at Valley Grove development will be designed to meet LEED® standards.

Building a project that will not contribute to the region‘s notoriously troubled air quality was one of St. John Properties‘ primary concerns.

“The U.S. Green Building Council just put out several studies and numbers on LEED buildings and their impact on air quality,” Thomas says.”‘More than 73 percent of U.S. electricity consumption actually comes from buildings. In addition to 39 percent of American [carbon dioxide] emissions.”

The stringent environmental standards implemented by St. John Properties will cut roughly 35 percent of the emissions compared to buildings not designed to the LEED guidelines. The development will also honor Pleasant Grove‘s city tagline billing it as “Utah’s City of Trees.”

“Our project, upon completion, will have more than 2,000 trees.” Thomas adds

Click here to read the rest of the article in the DDC Journal, Winter 2017 issue, for free. Article starts on page 146.