REBusinessOnline

Industrial Outdoor Ventures Enters Salt Lake City Market, Buys Vacant Warehouse

5-S-5100-West-Salt-Lake-City-UT

Located at 5 S. 5100 West in Salt Lake City, the vacant industrial property features a 66,700-square-foot warehouse and 2,000 square feet of office space.

SALT LAKE CITY — Industrial Outdoor Ventures (IOV) has purchased a vacant industrial facility located at 5 S. 5100 West in Salt Lake City. Standlee Premium Western Forage sold the asset for an undisclosed price.

Situated on 23.2 acres and zoned M-1, the property features a 66,900-square-foot warehouse equipped with 11 dock doors and 2,000-square-foot of office space. IOV plans to make major site improvements to 16 acres of the property’s land area including grading, paving, fencing and site lighting. Additionally, the buyer plans to paint the exterior of the building, upfit warehouse lighting and prepare the office space for tenants.

The transaction marks IOV’s entry to the Salt Lake City market. Mike Farmer and Phillip Eilers of Cushman & Wakefield brokered the transaction.

Content Partners
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Walker & Dunlop

Webinars on Demand


Conferences


Subscribe to the newsletter

Read the Digital Editions

Texas Affordable Housing Business

Southeast Affordable Housing Business

Heartland Recent Issue

Northeast Recent Issue

Southeast Recent Issue

Texas Recent Issue

Western Recent Issue

Shopping Center Business

California Centers

Ancillary Retail

Student Housing Business

Seniors Housing Business

Featured Properties  

2021 Finance Insight Video Interviews