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515 West Pickett Circle

Tyler Mattox, Jason Neiger, Michael Mullahey, And Sam Neglia Acquire Industrial Asset In Salt Lake City From Jeff Beck
SOLDIndustrial

Tyler Mattox, Jason Neiger, Michael Mullahey, And Sam Neglia Acquire Industrial Asset In Salt Lake City From Jeff Beck

515 West Pickett Circle

Building Size

77,944 SF

Asset Type

Industrial

Closing

Aug 5, 2026

AI

The property involved in this transaction is an industrial asset located at 515 West Pickett Circle, Salt Lake City, UT. The transaction was closed on 08/05/2026.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Buyer: Tyler Mattox, Jason Neiger, Michael Mullahey, & Sam Neglia
  • Buyer's Company: MCA Realty
  • Seller: Jeff Beck
  • Broker Representatives: Travis Healey & Tom Freeman - Colliers

The deal was facilitated by Travis Healey and Tom Freeman, who represented the seller, Jeff Beck, in this transaction. The involvement of MCA Realty highlights the engagement of notable professionals in the industrial real estate market within Salt Lake City.

Players

Tom Freeman

Cushman & Wakefield

Broker

$187.7M

vol

1 deal

Broker

Tyler Mattox

MCA Realty

Buyer

$109.5M

vol

8 deals

Buyer
MCA Realty
MCA RealtyBuyer

Salt Lake City Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93