CBRE represented the vendor of the newly constructed industrial asset.
GO Industrial, in partnership with an actual property fund suggested by Crow Holdings Capital, has bought 5600 Logistics, a 505,692-square-foot logistics campus in Salt Lake Metropolis. CBRE brokered the deal.
Layton Development’s Nationwide Constructing Group lately accomplished the two-building industrial campus, which was designed by structure agency AE Urbia.
The campus consists of two buildings. Constructing A is positioned on a 15-acre website and is 265,120 sq. ft, with 32-foot clear heights. The ability consists of 50 dock-high doorways and 4 grade-level doorways, 177 worker parking areas and 72 trailer parking areas. Constructing B sits on 13.3 acres and encompasses 240,654 sq. ft, with 32-foot clear heights. The property options 46 dock-high doorways, 4 grade-level doorways, 159 worker parking spots and 62 trailer areas.
Situated at 1456 and 1568 S. 5500, the properties have entry to interstates 15 and 80 and Freeway 201. Salt Lake Metropolis Worldwide Airport is simply 8 miles away. Different industrial properties within the surrounding space are occupied by Union Pacific Intermodal hub, Costco Distribution Heart and RC Willey Intermountain Distribution Heart, amongst others.
First Vice Presidents Chris Liddell and Matt McAfee, together with Senior Vice President Tom Dishman of CBRE, represented the vendor within the transaction.
In March, ViaWest Group acquired an 18-acre website that already comprises a 37,000-square-foot constructing, near Salt Lake Metropolis Worldwide Airport. The corporate is planning a further, 171,600-square-foot speculative constructing on the positioning.
