VanTrust Real Estate to Build 600,000SF Industrial Site in Salt Lake City Area

Posted December 17, 2024

VanTrust Real Estate has purchased 32 acres of land in Utah to build four industrial warehouse buildings.

VanTrust Real Estate announced the acquisition of 32 acres at 5998 West Parkway Blvd in West Valley City, Utah. The site offers access to the “Crossroads of America” a network of interstates, local highways, roads and rail lines that converge in the Salt Lake City area.

The site will accommodate four buildings that will provide 600,000 square feet of Class A industrial space, according to a release.

“We are thrilled to have acquired this advantageously located site on which to build new industrial warehouses,” VanTrust’s Executive Vice President of Development for Salt Lake City, Chris McCluskey, said in the release. “One of our specialties at VanTrust is industrial properties, and we are excited to add this tremendous location to our portfolio.”

Construction on the first two buildings will start in late spring 2025 with construction expected to finish in 2026. Construction for the two remaining buildings is to be determined.

Tenants for the warehouses were not disclosed.

In May, VanTrust announced it had purchased the historic Salt Lake Lumber Building, with plans to convert it into a new regional headquarters. VanTrust also plans to lease parts of the building to other tenets when renovations are completed in early 2025, according to the release at the time.