Stos Partners Acquires 279233 Square Foot Industrial Complex In South Salt Lake For $35 Million

An industrial asset located at 900 West 2900 South in South Salt Lake, UT, has been sold for $35,000,000. The property encompasses 14.53 acres and features a total area of 279,233 square feet, resulting in a price per square foot of $125.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $35,000,000
• Address: 900 West 2900 South
• Market: South Salt Lake, UT
• Acres: 14.53
• Square Footage: 279,233
• Price per Square Foot: $125
• Buyer: Morgan Hill
• Seller: Stos Partners

Stos Partners acquired the industrial complex and has plans for immediate re-tenanting and capital improvements. Eli Priest from Newmark will oversee the leasing activities associated with this transaction, focusing on logistics and distribution within the local industrial market.