Freedom Commons 145 W 200 N 143,247 SF 74% Leased 4-Star Office Building Provo, UT 84601 For Sale

Founded in 2003 and headquartered in Provo, Utah, PEG Companies is a vertically integrated real estate investment firm specializing in opportunistic and value-add strategies across the United States and Canada. Initially recognized for its creative development projects, PEG has evolved into a full-service platform encompassing investment, development, construction, asset management, property management, and hospitality operations. The firm is privately held and partners with institutions, family offices, and individual investors to execute transformative real estate strategies. PEG’s investment philosophy centers on deep local market expertise and disciplined asset selection, with a focus on regions poised for long-term outperformance. Its portfolio spans multifamily residential, single-family rental communities, student housing, office, mixed-use, and hospitality assets. The company actively manages its holdings through development, repositioning, and operational optimization, leveraging its vertically integrated structure for end-to-end execution. PEG’s asset class focus includes residential (multifamily and build-for-rent), hospitality (select-service and extended stay), and mixed-use commercial properties. The firm maintains a strong presence in 27 U.S. states and two Canadian provinces, with notable exposure in Utah, Texas, and California. These top markets represent a significant share of its gross leasable area (GLA), introducing moderate concentration risk, particularly in the Mountain West region. Tenant concentration data is limited, but PEG’s hospitality assets are often affiliated with major brands such as Marriott, which contribute meaningfully to net effective rent (NER). The company recently opened a new Residence Inn in Sacramento, replacing an older asset sold for residential conversion, demonstrating its strategy of upgrading inventory while maintaining market presence..

Serenity Mental Health Centers is a national group of mental health practices. Their goal is to provide personalized treatment to each and every one of their patients, which is why they offer a variety of treatment options, including transcranial magnetic stimulation (TMS therapy), ketamine infusion, and medication management. Serenity’s clinical team of board-certified psychiatrists are highly qualified with specialized experience treating complex conditions for a wide range of patients, including children, adolescents, and adults. Their experienced and friendly patient support staff is here to answer all of your questions and address your concerns. Their Patient Relations team can help clients with anything they need, from insurance questions to prescriptions, medical records, payment plans and more, they have their clients covered.