An affiliate of Walton Street Capital has acquired the SLC Infill Industrial Portfolio (Infill SLC Portfolio), a portfolio of seven class A industrial assets totaling 526,872 square feet, located in infill Salt Lake City, in partnership with Greenlaw Partners in two separate transactions.
The sellers and the financial terms were not disclosed.
The Infill SLC Portfolio is strategically located within a one- to three-mile radius of major interstates and freeways, including I-15, I-80, I-215, SR-154 and SR-201. The portfolio is also located less than 10 miles from the Salt Lake City International Airport and proximate to two major rail yards. The portfolio is currently 100 percent leased and has averaged a 98 percent occupancy rate during the past five years with tenancy across industries including materials, distribution, automotive parts and equipment storage.
“We are excited to further our presence in the Salt Lake City industrial market with our long-time par
