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Steven R. Condie, SIOR, CCIM
Industrial Specialist
Associate Broker, EVP; Company Co-Founder, Newmark Knight Frank ACRES
376 E 400 S. Suite 120
Salt Lake City, UT 84111-3315
United States
Phone: +1.801.578.5511
Cell: +1.801.809.5000
Email: scondie@ngacres.com
Website: http://www.ngacres.com/scondie
 
Chapter:   SIOR Utah Chapter
Member Since: 1997
 
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Bio

Steve has over 25 years of real estate, banking and finance experience; this knowledge is a powerful contributor to his well-established career. Steve specializes in the acquisition, disposition, and leasing of industrial properties and is also uniquely involved in subdivision application and entitlement processes. His extensive experience in all aspects of commercial real estate allows him to effectively communicate with his client which ultimately guides them to make the best decision for their business.

Steve is a founding partner of Newmark Grubb ACRES and has been a concrete part of its growth from conception. Newmark Grubb ACRES is now titled Utah's Largest Commercial Real Estate Firm and Steve remains active in the company's strategic planning council. Over the past 20 years he has been consistently recognized as one of the firm’s Top Producers, with awards including Latest Transaction, Most Transactions, and Number One Transaction Producer.

Steve has a passion for the Commercial Real Estate Industry and continues to practice as an industrial street broker assisting both tenants and landlords with their real estate assignments. His day-to-day business consists of focusing on the representation of Distribution Landlords and Tenants, as well as specializing in the sale or leasing of trucking facilities and properties with yard space for Equipment Services and Construction-Rated industries.

During the course of Steve’s career he has been involved in numerous REO assignments for various banks and private lenders throughout the country.

Recent Successful Transactions Include:

• 2015 Tenant Representation: Haemonetics Corporation. 150,000 square feet, 12-year lease

• 2015 Tenant Representation: Exel. 227,000 square feet, 10-year lease

• Disposition of Utah Industrial Depot: Tooele, Utah

- A 2 million square foot, 600 acre industrial park

• Disposition of Two Buildings in Westport Distribution Center: SLC, Utah

- Totaling 757,000 square feet

• Disposition of a 534,000 square foot distribution center in Cedar City, Utah

• Disposition of a 222,000 square foot manufacturing facility in Logan, Utah

Heightening Steve’s comprehensive career he has also been involved in the entitlement, development and/or disposition of over 500 residential building lots throughout the State of Utah.

Achievements
  • NumberOne Transaction Producer - Three Years Running
  • Top Industrial Agent
Affiliates
  • Industrial Transportation Property Network, ITPN
  • Council Logistics Management, CLM
  • Warehouse Education and Research Council, WERC
  • Certified Commercial Investment Member, CCIM
Transactions
2017

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

Industrial Sale

34,000 sq. ft. / 5 acres

Salt Lake City, UT - September 1, 2017

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

Land Sale

56 acres

Salt Lake City, UT - June 30, 2017

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

Industrial Lease

46,500 sq. ft.

Salt Lake City, UT - June 15, 2017

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

Industrial Lease

251,336 sq. ft.

Salt Lake City, UT - April 17, 2017

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

$4,025,049 Industrial Lease

159,995 sq. ft.

Salt Lake City, UT - February 8, 2017
2016

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

$4,900,000 Industrial Sale

56,500 sq. ft. / 7 acres

Pleasant Grove, UT - October 21, 2016
2015

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

$7,200,000 Land Sale

12 acres

Orem, UT - December 29, 2015

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

$470,000 Industrial Lease

13,700 sq. ft. / 3 acres

North Salt Lake, UT - December 4, 2015

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

$360,000 Industrial Lease

14,000 sq. ft. / 5 acres

North Salt Lake, UT - November 6, 2015

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

$450,000 Industrial Sale

6,592 sq. ft. / 4 acres

Riverton, UT - October 29, 2015

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

$2,300,000 Industrial Lease

185,796 sq. ft.

Salt Lake City, UT - September 25, 2015

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

$1,020,000 Land Sale

5 acres

North Salt Lake, UT - September 18, 2015

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

$1,200,000 Industrial Lease

54,830 sq. ft.

Salt Lake City, UT - August 17, 2015

Kyle Roberts, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

$1,075,000 Industrial Sale

24,948 sq. ft. / 68,389 sq. ft. space

Salt Lake City, UT - August 6, 2015

Jeffrey Heaton, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

$2,350,000 Industrial Sale

35,561 sq. ft. / 11 acres

North Salt Lake, UT - July 31, 2015

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

$1,700,000 Land Sale

15 acres

Salt Lake City, UT - April 3, 2015

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

$2,400,000 Industrial Sale

37,200 sq. ft. / 124,146 sq. ft. space

Salt Lake City, UT - March 27, 2015

Kyle Roberts, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

Industrial Lease

155,000 sq. ft. / 15 acres

Steven represented Haemonetics Corporation

Salt Lake City, UT - March 25, 2015

Kyle Roberts, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

$10,462,736 Industrial Lease

227,430 sq. ft. / 24 acres

Kyle represented Industrial Income Trust
Steven represented Exel Inc.

Salt Lake City, UT - March 13, 2015

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

Jeffrey Heaton, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

$925,000 Land Sale

189,922 sq. ft. space

Steven represented Lang Riverbend Properties
Jeffrey represented Wanship Enterprises, LLC

North Salt Lake, UT - March 6, 2015
2014

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

$1,700,000 Industrial Sale

30,740 sq. ft. / 1 acres

Salt Lake City, UT - December 12, 2014
2013

George Elliott, SIOR

Regency Resources LLC
Avon Lake, OH

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

Industrial Sale

74,350 sq. ft.

Salt Lake City, UT - December 31, 2013

Lester Osborn, SIOR, CCIM

Piedmont Properties / CORFAC International
Charlotte, NC

A. Scott Hensley, SIOR, CCIM

Piedmont Properties / CORFAC International
Charlotte, NC

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

Industrial Lease

5,000 sq. ft. / 2 acres

Charlotte, NC - December 1, 2013

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

Michael Falk, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

Kyle Roberts, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

Jeffrey Heaton, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

$7,294,450 Industrial Sale

145,889 sq. ft.

Salt Lake City, UT - December 1, 2013
2011

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

Stuart Cary

Colliers International
Richmond, VA

$364,800 Industrial Lease

Steven represented LMH Investment Co.
Stuart represented Maine Plastics

Salt Lake City, UT - August 1, 2011

Steven Condie, SIOR, CCIM

Newmark Knight Frank ACRES
Salt Lake City, UT

Richard Dye

CBRE
Salt Lake City, UT

$637,451 Industrial Lease

Steven represented Myers-Tires

Salt Lake City, UT - July 14, 2011
Conference History
Conference
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