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Pepsi subsidiary Frito-Lay has signed a 199,680-square-foot lease for 6900 W. 9800 S., an industrial improvement in West Jordan, Utah. Newmark negotiated on behalf of the possession, a three way partnership between The Boyer Co. and KC Gardner Co.
BGJ Industrial is a 200,000-square-foot industrial venture located near the Northwest Quadrant, one of the crucial dynamic Western U.S. markets, in line with Newmark. The Class A improvement is near Interstate 15 and an Amazon Achievement Heart, 6.6 miles from South Valley Regional Airport and 22 miles from central Salt Lake Metropolis. Salt Lake County’s southwestern industrial market, the place the event is positioned, additionally consists of corporations resembling Oracle, Rio Tinto Corp. and Boeing.
Newmark’s staff shaped of Government Managing Director Kyle Roberts and Senior Managing Director Ben Richardson labored on behalf of the possession. By finding its operations there, Frito-Lay can have entry to Salt Lake Valley’s premier distribution, manufacturing and e-commerce hub, mentioned Roberts, in a ready assertion. Richardson famous that the tenant’s easy accessibility to the native workforce and different distribution hubs is boosted by the world’s rising site visitors connections.
Earlier in January, Newmark represented Boyer Co. within the disposition of Desert Peak Logistics Heart, a three-building industrial park in West Jordan, Utah. In October 2022, Medline leased some 710,000 sq. toes at an industrial improvement in Salt Lake Metropolis.
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