GO Industrial Sells Salt Lake City Campus – Commercial Property Executive
CBRE represented the seller of the newly built industrial asset.
 100vw, 300px”/>5600 Logistics. Image courtesy of GO Industrial</p>
<p><strong>GO Industrial</strong>in partnership with a real estate fund advised by <strong>Crow Holdings Capital</strong>has sold 5600 Logistics, a 505,692-square-foot logistics campus in Salt Lake City. <strong>CBRE</strong> brokered the deal.</p>
<p>Layton Construction’s National Building Group recently completed the two-building industrial campus, which was designed by architecture firm AE Urbia.</p>
<p>The campus consists of two buildings. Building A is located on a 15-acre site and is 265,120 square feet, with 32-foot clear heights. The facility includes 50 dock-high doors and four grade-level doors, 177 employee parking spaces and 72 trailer parking spaces. Building B sits on 13.3 acres and encompasses 240,654 square feet, with 32-foot clear heights. The property features 46 dock-high doors, four grade-level doors, 159 employee parking spots and 62 trailer spaces.</p>
<p>Located at 1456 and 1568 S. 5500, the properties have access to interstates 15 and 80 and Highway 201. Salt Lake City International Airport is just 8 miles away. Other industrial properties in the surrounding area are occupied by Union Pacific Intermodal hub, Costco Distribution Center and RC Willey Intermountain Distribution Center, among others.</p>
<p>First Vice Presidents Chris Liddell and Matt McAfee, along with Senior Vice President Tom Dishman of CBRE, represented the seller in the transaction.</p>
<p>In March, ViaWest Group acquired an 18-acre site that already contains a 37,000-square-foot building, close to Salt Lake City International Airport. The company is planning an additional, 171,600-square-foot speculative building on the site.</p>
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