4192 S Riverboat Rd 99 184 pi² Bureau Immeuble Salt Lake City, UT 84123 33 761 521 $ CAD (340,39 $ CAD/pi²) 8,75% Taux de capitalisation

MISSION-CRITICAL HEADQUARTERS AND R&D FACILITY, SECURED BY NEWLY EXECUTED 10-YEAR NNN LEASE
* Constructed in 2007 as the purpose-built headquarters for Sorenson Communications, a global leader in language services and communication solutions for Deaf, hard-of-hearing, and diverse communities, the Property contains highly specialized infrastructure that is mission critical to Sorenson’s nationwide operations. This includes a hard-to-replicate server room and centralized control room essential to the company’s nationwide interpreting and communications network. These features create exceptional stickiness and support long-term operational continuity and regulatory compliance.

* Sorenson Communications is private-equity backed, carries a private credit rating of B-, and has an estimated enterprise value of $1.3 billion. The company benefits from
exceptionally stable revenue, as nearly 90% of Sorenson’s revenue is supported by the FCC’s Telecommunications Relay Services (TRS) Fund, mandated under Title IV of the Americans with Disabilities Act.

* Sorenson recently renewed their commitment to the Property by extending their lease to over 10 years in January 2025, providing $23.1 million of predictable cash flow through the term.

CENTRAL MID VALLEY LOCATION | UTAH
* Situated just south of Salt Lake City within the Sorenson Research Park, this premier address offers exceptional convenience with close proximity to major
freeways and key transit corridors—making it an ideal home base for employees, partners, and visitors alike. Sorenson’s mid-valley location is highly sought after among office, financial services, and medical tenants thanks to its easy regional connectivity.