EVERGEN
Blaser Ventures is pleased to be partnered with Evergen Equity on a land assemblage deal in South Salt Lake City. Evergen is lead by Troy Marcus, who has over 16 years of real estate experience, has overseen over $700M in RE acquisitions, development, and dispositions. The Property is situated two miles south of downtown Salt Lake City directly in the path of growth. The Property is comprised of five contiguous parcels totaling 6.28 acres and seven industrial structures that are leased to three tenants. With a below-market land basis and a clear path to augmented entitlements, the Property affords the opportunity to control a covered land play with future potential as a multifamily or mixed-use development.
6.28 ACRES OF INFILL INDUSTRIAL LAND LOCATED IN SOUTH SALT LAKE CITY, IN PARTNERSHIP WITH EVERGEN EQUITY
PROPERTY MANAGEMENT
George Thomas: gthomas@blaser-ventures.com
385-242-1746
Address:
South Salt Lake City, UT 84115
Asset Class:
Industrial
Investment Type:
Acquisition & Development
Strategy:
Covered Land
Asset Size:
27,342 SF (across 3 buildings)
Acreage:
6.28 Acres
Delivery:
Closed -2022
Other:
Opportunity Zone