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GPR Ventures enters Idaho Falls market with industrial portfolio purchase
Transactions - MARCH 31, 2022

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GPR Ventures enters Idaho Falls market with industrial portfolio purchase

by Andrea Zander

GPR Ventures has further expanded its West Coast presence with the purchase of a four-building industrial portfolio in Idaho Falls, the first of two acquisitions in the state of Idaho.

The buildings total 584,800 square feet and are 100 percent leased. The new purchase is the 37th overall acquisition for GPR Ventures after closing on a multifamily property in Salt Lake City to end 2021.

“The state of Idaho continues to experience positive growth, and Idaho Falls, in particular, is an ideal market for GPR Ventures to continue expanding our presence in the Western United States,” said Glen Yonekura, GPR Ventures’ co-founder and managing principal. “Population increases, job growth and a key distribution location geographically are critical factors that drew us to the area. We are excited to expand our presence in this market. We like the people, the growth, the distribution opportunities and the resources that this market offers, and we remain committed to this r

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