Steel Peak Acquires 5.4-Acre Industrial Site In Salt Lake City For $7.6 Million

Steel Peak acquired an industrial outdoor storage property located at 1876 Fortune Road in Salt Lake City, UT. The transaction occurred on May 27, 2025, with a sale price of $7,575,000. The site spans 5.4 acres and includes two warehouses, totaling 31,460 square feet, with a price per square foot of $241. The property is zoned for various uses, including truck terminals, contractor yards, and heavy equipment.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $7,575,000
• Buyer: Blake Rodgers & Pasha Johnson - Steel Peak
• Seller: Stalsberg Properties LLC
• Sale Date: 05/27/2025
• Address: 1876 Fortune Road, Salt Lake City, UT
• Square Footage: 31,460
• Price per Square Foot: $241
• Brokers: Charlie Davis & Phillip Eilers - Cushman & Wakefield

Blake Rodgers and Pasha Johnson represented Steel Peak in this industrial real estate transaction, while Stalsberg Properties LLC was the selling entity. Cushman & Wakefield facilitated the deal through brokers Charlie Davis and Phillip Eilers, ensuring a smooth transaction process for both parties involved.