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
- Advertisment -spot_img

Most Popular

Recent Comments

Mumbai Metro 2B Construction Triggers Sharp Rise in Chembur Property Rates

Mumbai Metro 2B Construction Triggers Sharp Rise in Chembur Property Rates

0
Chembur, a long-overlooked suburb in eastern Mumbai, is experiencing a dramatic property surge, thanks to the under-construction Metro Line 2B. This 23.6-km corridor is...
New Delhi Raises Cost Index, Reduces Tax Burden for Property Sellers

New Delhi Raises Cost Index, Reduces Tax Burden for Property Sellers

0
New Delhi’s recent hike in the Cost Inflation Index (CII) for FY 2025–26 from 363 to 376 is set to offer notable tax relief...
Delhi Dethrones Mumbai in Ultra Luxury Housing Sales as 1.7 Lakh Homes Change Hands Across Top 8 Cities in H1 2025

Delhi Dethrones Mumbai in Ultra Luxury Housing Sales as 1.7 Lakh Homes Change Hands...

0
Delhi NCR has officially overtaken Mumbai in the ultra luxury housing segment during the first half of 2025, signaling a shift in India’s high-end...
Navi Mumbai Maharashtra to Boost Water Supply with Major CIDCO Infrastructure Projects

Navi Mumbai Maharashtra to Boost Water Supply with Major CIDCO Infrastructure Projects

0
In Navi Mumbai, the City and Industrial Development Corporation (CIDCO) has launched a series of critical water infrastructure projects across the state. These initiatives...
Indias Real Estate Investment Slumps 33percent in Q2 2025 Amid Global Uncertainty

Indias Real Estate Investment Slumps 33percent in Q2 2025 Amid Global Uncertainty

0
The Indian real estate sector witnessed a sharp decline in institutional investments during the second quarter of 2025, signaling growing investor caution amid global...