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Steven R. Condie
SIOR, CCIM

Associate Broker, EVP; Company Co-Founder

Newmark Knight Frank ACRES

376 E 400 S. Suite 120, Salt Lake City, UT 84111-3315

Market
Salt Lake City
Specialty
Industrial Specialist
Member Since
1997
Chapter
SIOR Utah Chapter
Areas of Practice
Accreditations
Industrial Transportation Property Network, ITPN, Council Logistics Management, CLM, Warehouse Education and Research Council, WERC, Certified Commercial Investment Member, CCIM
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.
  • NumberOne Transaction Producer - Three Years Running
  • Top Industrial Agent
Clayton Peeples, SIOR
Boyd Commercial, LLC / CORFAC International
Houston, TX
Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Land Sale
$4,732,320
69 Acres
September 13, 2018 Tooele, UT

Clayton represented NCP Tooele LLC

Steven represented First American Exchange Company

Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Industrial Sale
$1,900,000
79,737 Sq. Ft. / 12 Acres
December 27, 2017 Murray, UT

Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Industrial Sale
$925,000
7,145 Sq. Ft.
December 23, 2017 Orem, UT

Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Industrial Sale
34,000 Sq. Ft. / 5 Acres
September 1, 2017 Salt Lake City, UT

Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Land Sale
56 Acres
June 30, 2017 Salt Lake City, UT

Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Industrial Lease
46,500 Sq. Ft.
June 15, 2017 Salt Lake City, UT

Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Industrial Lease
251,336 Sq. Ft.
April 17, 2017 Salt Lake City, UT

Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Industrial Lease
$4,025,049
159,995 Sq. Ft.
February 8, 2017 Salt Lake City, UT

Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Industrial Sale
$4,900,000
56,500 Sq. Ft. / 7 Acres
October 21, 2016 Pleasant Grove, UT

Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Land Sale
$7,200,000
12 Acres
December 29, 2015 Orem, UT

Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Industrial Lease
$470,000
13,700 Sq. Ft. / 3 Acres
December 4, 2015 North Salt Lake, UT

Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Industrial Lease
$360,000
14,000 Sq. Ft. / 5 Acres
November 6, 2015 North Salt Lake, UT

Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Industrial Sale
$450,000
6,592 Sq. Ft. / 4 Acres
October 29, 2015 Riverton, UT

Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Industrial Lease
$2,300,000
185,796 Sq. Ft.
September 25, 2015 Salt Lake City, UT

Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Land Sale
$1,020,000
5 Acres
September 18, 2015 North Salt Lake, UT

Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Industrial Lease
$1,200,000
54,830 Sq. Ft.
August 17, 2015 Salt Lake City, UT

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 Sale
$1,075,000
24,948 Sq. Ft. / 68,389 Sq. Ft. Space
August 6, 2015 Salt Lake City, UT

Jeffrey Heaton, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Industrial Sale
$2,350,000
35,561 Sq. Ft. / 11 Acres
July 31, 2015 North Salt Lake, UT

Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Land Sale
$1,700,000
15 Acres
April 3, 2015 Salt Lake City, UT

Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Industrial Sale
$2,400,000
37,200 Sq. Ft. / 124,146 Sq. Ft. Space
March 27, 2015 Salt Lake City, UT

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
March 25, 2015 Salt Lake City, UT

Steven represented Haemonetics Corporation

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
$10,462,736
227,430 Sq. Ft. / 24 Acres
March 13, 2015 Salt Lake City, UT

Kyle represented Industrial Income Trust

Steven represented Exel Inc.

Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Jeffrey Heaton, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Land Sale
$925,000
189,922 Sq. Ft. Space
March 6, 2015 North Salt Lake, UT

Steven represented Lang Riverbend Properties

Jeffrey represented Wanship Enterprises, LLC

Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Industrial Sale
$1,700,000
30,740 Sq. Ft. / 1 Acres
December 12, 2014 Salt Lake City, UT

George Elliott, SIOR Retired
Regency Resources LLC
Avon Lake, OH
Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Industrial Sale
74,350 Sq. Ft.
December 31, 2013 Salt Lake City, UT

Lester Osborn, SIOR, CCIM
Piedmont Properties
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
December 1, 2013 Charlotte, NC

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
Industrial Sale
$7,294,450
145,889 Sq. Ft.
December 1, 2013 Salt Lake City, UT

Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Stuart Cary
Colliers International
Richmond, VA
Industrial Lease
$364,800
August 1, 2011 Salt Lake City, UT

Steven represented LMH Investment Co.

Stuart represented Maine Plastics

Steven Condie, SIOR, CCIM
Newmark Knight Frank ACRES
Salt Lake City, UT
Richard Dye
CBRE
Salt Lake City, UT
Industrial Lease
$637,451
July 14, 2011 Salt Lake City, UT

Steven represented Myers-Tires

There is no committee participation shown within the last five years. For questions or concerns, please contact membership at 202.449.8200.
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