Newmark Mountain West Facilitates 163,626-Square-Foot Lease in Jones Landing
Salt Lake City, UT – Newmark Mountain West, the leading full-service commercial real estate brokerage in the Intermountain Region, is pleased to announce the lease of 163,626 square feet in Jones Landing to Wasatch Electric. Robert Kingsford of Newmark Mountain West represented the landlord, The Gardner Group, in the transaction.
“Jones Landing is a premier business park in West Jordan and has attracted many prominent companies to the area,” stated Robert Kingsford, Managing Director with Newmark Mountain West. “It has been a privilege to represent The Gardner Group and help them elevate their portfolio of quality industrial buildings and tenants in Utah. Thank you to Colliers for bringing Wasatch Electric to Jones Landing as the newest tenant.”
Developed by The Gardner Group and built by ARCO Construction, this 163,626-square-foot building was constructed specifically for Wasatch Electric. This property allows Wasatch Electric to expand their operation into a custom facility with more than 30,000 square feet of office, great warehouse space for distribution and shop space for their vehicle fleet. Located in West Jordan, the building is easily accessible from Mountain View Corridor and Highway 111, allowing for excellent transportation connectivity to the Salt Lake area and beyond.
“This project is a great example of what’s possible when the developer, tenant, and design-build team are aligned early,” said Devon G. Hyatt, Director of Business Development. “The Gardner Group had a clear vision for the site and the flexibility to tailor the building around Wasatch Electric’s operational needs. Our role was to translate that vision into a facility that supports long-term growth, efficiency, and durability, while maintaining cost and schedule certainty through the design-build process.”
About The Gardner Group
Gardner is a full-service commercial real estate development and management company headquartered in Salt Lake City, Utah with offices in Boise, ID and Henderson, NV. Gardner has developed over 30-million square feet of commercial properties spanning retail centers, multi-family residential, office, industrial, medical campuses and senior living. The real estate company is part of The Gardner Group, which builds better communities through thoughtful, sustainable practices in developing and managing real estate, renewable energy, investing in innovation and providing results-oriented philanthropy.
About ARCO Construction
For over 30 years, ARCO has been providing clients with turn-key buildings in various industries nationwide. As the #1 design-build warehouse and distribution builder and the #5 largest design-build general contractor in the nation, our industry-leading expertise helps to provide our clients with the best solution for their projects.
About Newmark Mountain West
Newmark Mountain West, an independently owned and operated member of the Newmark Licensee Group, delivers a comprehensive suite of commercial real estate services across Utah, Idaho, Nevada, Wyoming and Montana. With nearly 200 professionals in ten offices, the firm leverages Newmark’s (Nasdaq: NMRK) global platform to power every stage of the property life cycle for occupiers, investors, and developers.
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