SALT LAKE CITY–GO Industrial recently sold the two-building 5600 Logistics campus in Salt Lake City, Utah. The Class A buildings total 505,692 square feet and are located just south of Salt Lake City International Airport.
CBRE National Partners negotiated the deal on behalf of GO Industrial in partnership with a real estate fund advised by Crow Holdings Capital. The buildings are located at 1464 and 1568 S 5500 West in Salt Lake City.
According to a prepared release, the buildings are in the California Avenue industrial submarket, which has seen rents grow 14.6% year-over-year and demand has driven vacancy rates to 3.0%.
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