V
anTrust Real Estate has acquired 32 acres in West Valley City, Utah, to build four industrial warehouses totaling 600,000ft² of Class A space.

    The site at 5998 West Parkway Boulevard is strategically located near key transportation links, including Salt Lake City International Airport and major interstates. This proximity enhances its appeal for logistics operations and responds to the high demand in the Salt Lake Valley.

    According to Tom Freeman and Travis Healy of Colliers, the leasing team appointed by VanTrust, the area's strong economy and growing population drive this demand. Construction is set to begin in 2025, with the first two buildings expected to be completed by early 2026.

    VanTrust has a significant presence in the real estate sector, with over 68 million square feet of diverse developments valued at more than $7bn since its establishment in 2010. This latest acquisition reinforces VanTrust's commitment to expanding its industrial footprint across the US.

    "We are thrilled to have acquired this advantageously located site on which to build new industrial warehouses," said Chris McCluskey, executive vice-president of VanTrust Salt Lake City Development. "One of our specialties at VanTrust is industrial properties, and we're excited to add this tremendous location to our portfolio."