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About Me

Scope of Service Experience

Rick joined Newmark Mountain West 14 years ago and specializes in the acquisition and disposition of development properties and investment sales. This involves a true understanding of the many issues that face developers, including site analysis, zoning, and entitlement issues and eventual product disposition.

With 40 years experience in the Utah real estate market, Rick has been involved in almost all types of commercial transactions. He has worked with almost all of the regions planning districts, consulted with various city agencies and formed relationships with numerous local and national developers and investors.

Education

  • A.A. degree, Lugano, Switz.
  • B.S. degree in Accounting, Univ. of Utah

Background & Experience

Rick previously worked at Gump & Ayers Commercial Real Estate, then moved to Wallace & Associates, a real estate consulting firm. Wallace merged with Grubb & Ellis, where Rick became the Vice President of Investment Services. He joined NAI Utah (currently Newmark Mountain West) 14 years ago, chaired the Investment division for 10 years and currently heads the Land Division.

Clients Represented

  • Cowboy Partners
  • Wood Partners
  • The Church of Jesus Christ of Latter-day Saints
  • Leucadia Financial Corporation
  • La Quinta Inns
  • Key Bank Trust
  • US Bank
  • Principal Financial
  • Avalon Health Care
  • Valley Mental Health
  • Fieldstone Homes
  • Richmond America Homes
  • South Salt Lake City
  • Salt Lake Board of Education

Contact Me

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    Recent Posts

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    Utah’s #1 Investment Broker

    Bryce Blanchard, Utah’s #1 Investment Broker is on the podcast this week! Bryce sits down with Chad to discuss the win wins in commercial real estate and how to create them, the power of investing in yourself, and how to be successful in CRE. 

    Record-Breaking BIG Month: $96.6M Closed Across 6 Assets

    Newmark Mountain West is proud to share that the Blanchard Investment Group at Newmark Mountain West just delivered their most productive single month in their team’s history. In February alone, they successfully closed six separate investment transactions. The combined totals reflect the scale and strength of their platform: • $96.6M Total Sales Volume • 510,160 SF • 33.26 Acres • Cap Rates Ranging from …

    Cyclical Factors Driving Supply Chain Network

    Kyle Roberts, CCIM, SIOR, CSCMP, Vice Chairman – Industrial & Logistics / Capital Markets at Newmark Mountain West, illustrates the cyclical factors driving supply chain networks and where the economy currently sits within that cycle. He explores how the COVID-19 pandemic led to a rapid inventory build phase before the market changed, reverting to historical consumption patterns. Companies quickly moved towards inventory rationalization and …

    All in on Las Vegas

    From Canada to Salt Lake City to St. George and finally landing in Las Vegas, Jeff Mitchell’s journey has been unique. In this episode, Jeff shares his journey with Chad Moore as they talk about how Jeff made his way to Las Vegas and how he has become a successful commercial real estate broker focusing on retail properties in Las Vegas. 

    Newmark Mountain West Facilitates 163,626-Square-Foot Lease in Jones Landing

    Salt Lake City, UT – Newmark Mountain West, the leading full-service commercial real estate brokerage in the Intermountain Region, is pleased to announce the lease of 163,626 square feet in Jones Landing to Wasatch Electric. Robert Kingsford of Newmark Mountain West represented the landlord, The Gardner Group, in the transaction. “Jones Landing is a premier business park in West Jordan and has attracted many …

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