HomeReal EstateCommercialVanTrust Real Estate unveils plans for a 32-acre industrial warehouse complex in...

VanTrust Real Estate unveils plans for a 32-acre industrial warehouse complex in Utah

VanTrust Real Estate has acquired a 32-acre site at 5998 West Parkway Blvd in West Valley City, Utah, to develop a cutting-edge industrial warehouse complex. Strategically located near key transport arteries like State Route 201, Interstate 80, and Salt Lake City International Airport, the site provides unmatched access to Utah’s logistics hub, famously dubbed the “Crossroads of America.” This connectivity positions the development as a critical addition to the region’s growing logistics and industrial sector.

The project will deliver 600,000 square feet of Class A industrial space through four buildings. Construction of the first two facilities is set to commence in late spring 2025, with completion anticipated by spring 2026. The timeline for the remaining two buildings is yet to be finalised. VanTrust has partnered with Colliers’ Tom Freeman and Travis Healy to oversee leasing, as demand for industrial facilities in the Salt Lake Valley continues to soar. This aligns with the region’s status as one of the fastest-growing economies in the United States, driven by its strategic location and robust logistics infrastructure.

Chris McCluskey, Executive Vice President of Development for Salt Lake City at VanTrust, expressed enthusiasm for the site, citing the company’s expertise in industrial properties. The project reinforces West Valley City’s prominence in the logistics landscape while addressing a nationwide surge in demand for premium warehouse spaces.

VanTrust’s commitment to sustainability will be integral to the project, with potential eco-friendly design elements such as energy-efficient building materials and optimised logistics systems aimed at reducing environmental impact. Sustainable practices not only meet rising environmental expectations but also contribute to Utah’s broader goals of balancing economic growth with ecological responsibility.

This acquisition underscores VanTrust’s nationwide growth, with its portfolio surpassing $7 billion and spanning over 68 million square feet of diversified real estate projects. The Salt Lake Valley development strengthens the company’s position in a thriving market while addressing the logistics industry’s evolving needs.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

Bhubaneswar Housing Push Delivers Secure Homes to 167 Households

Bhubaneswar Housing Push Delivers Secure Homes to 167 Households

0
Bhubaneswar has taken another step towards addressing its urban housing deficit, with the city’s municipal administration allocating permanent homes to 167 low-income households under...
Budget 2026 Boosts Decarbonisation in Cement, Steel, Power Sectors

Budget 2026 Boosts Decarbonisation in Cement, Steel, Power Sectors

0
The Union Budget for 2026–27 has laid out a major public funding commitment to accelerate carbon capture technologies across India’s most emission-intensive industries, signalling...
Godrej Properties Boosts Mumbai Presence With High-Value Luxury Sales

Godrej Properties Boosts Mumbai Presence With High-Value Luxury Sales

0
Mumbai’s high-end residential market has recorded a notable surge in buyer interest, with a newly launched ultra-luxury housing development in Worli achieving sales worth...
JP Morgan Commits To Major Single Tenant Campus In Mumbai

JP Morgan Commits To Major Single Tenant Campus In Mumbai

0
Mumbai’s commercial real estate market has recorded one of its most significant long-term leasing transactions, with a global financial institution committing to a large...
Apple Strengthens Mumbai Presence With Suburban Store

Apple Strengthens Mumbai Presence With Suburban Store

0
Apple is preparing to expand its physical retail presence in Mumbai with a new store planned in the city’s northern suburbs, signalling growing confidence...