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PLEASANT GROVE, UTAH — Dakota Pacific Real Estate, in partnership with Brasa Capital Management, has completed the sale of two Class A industrial warehouses in Pleasant Grove, between Salt Lake City and Provo. A national industrial investment firm acquired the assets for an undisclosed price.
Totaling more than 427,000 square feet, the two buildings are fully leased to six diverse companies. The project development team included Big-D Construction, Mitre Peak and Zions Bank.
Lucas Burbank and Ben Richardson of Newmark led the leasing efforts of the project. Burbank, Richardson and Jim Linn of Newmark handled the sales transaction.