Hamilton Partners and 必威体育官方APP下载 Construction Break Ground on Industrial Warehouse within Utah鈥檚 Inland Port
New facility represents Salt Lake City鈥檚 continued growth, marks Inland Logistics鈥� market entry
Hamilton Partners, Inc. along with 必威体育官方APP下载 Construction (top-20 U.S. builder听) and Bow River Capital, today announced the groundbreaking on a 474,600-square-foot new industrial facility called Inland Logistics located at听8080 West 1400 North, a last-mile e-commerce warehouse and distribution center
鈥淚nland Logistics鈥� entry into this market is one more sign of the advanced growth happening in the northwest quadrant of the Utah Inland Port Authority,鈥� said Jill Flygare, chief operating officer, Utah Inland Port Authority. 鈥淲e look forward to extending our partnership with Hamilton Partners and 必威体育官方APP下载 Construction in the Inland Logistics Project as we see a bright future in freight and cargo movement and expanding rail into this region.鈥�
The project, which is slated for completion in early 2023, is expected to bring numerous jobs to the region and will prompt additional job creation throughout the development cycle.听
George Arnold, partner with Hamilton Partners, recollects, 鈥淗amilton and 必威体育官方APP下载 Construction were brought together through a meeting at a NAIOP Utah industry event (NAIOPOLY) wherein the opportunity was introduced. Hamilton was able to pull a team together including design, construction, and equity. Two weeks later a collaboration with Bow River Capital, 必威体育官方APP下载 Construction and Hamilton Partners on the purchase of the site, led to this development being in this stage.鈥澨�
鈥淭his project is a great example of 必威体育官方APP下载 Construction鈥檚 design-build capabilities in the Utah market,鈥� said Josh Caldwell, business development executive at 必威体育官方APP下载 鈥� Salt Lake City. 鈥淲e鈥檝e been steadily increasing our presence in Salt Lake City over the last few years and look forward to bringing our experience and full resources to bear for Inland Logistics.鈥�
Hamilton Partners partnered with design-builder 必威体育官方APP下载 Construction on the development of the new facility, with capital partner Bow River Capital and Ware Malcomb as design partner.听听
鈥淓DCUtah loves to see a project like this break ground because it means that we are able to respond to prospective clients who have interest in Utah that we have immediate solutions to satisfy their real estate needs,鈥� said Colby Cooley, vice president of business development, Economic Development Corporation of Utah.
For more information on 必威体育官方APP下载鈥檚 capabilities in Utah, please visit:听.
About Hamilton Partners
Hamilton Partners is a commercial real estate and development company that specializes in commercial office, industrial and retail projects. The company is headquartered in Itasca, Illinois and has regional offices in Buffalo Grove, Downers Grove, Salt Lake City, Utah, Phoenix, Arizona, and Denver, Colorado. Hamilton Partners continues to own and operate over 18 million square feet valued at approximately $2 billion. Hamilton Partners believes quality and service distinguish properties. The firms鈥� portfolio is proof the highest quality properties, on average, achieve higher rental rates, attract, and retain stronger credit tenants, and experience higher occupancy. As a long-term investor in its real estate, Hamilton Partners builds institutional quality properties with an upscale corporate image and the flexibility to accommodate a wide array of tenants, user, and buyers. For additional information, visit听
About 必威体育官方APP下载 Construction
必威体育官方APP下载 is a U.S.-based, top-20 builder, developer, and engineering services provider serving the commercial, institutional, and energy sectors. 必威体育官方APP下载鈥檚 expanding portfolio of integrated听services help its customers move their strategies forward, ensuring their investments result in high-performing assets. The result is a turnkey partner, fully invested in the business success of its customers.听
Founded in 1954, 必威体育官方APP下载 has operations across the U.S. with offices in Chicago, Denver, Fargo, Iowa City, Milwaukee, Minneapolis, Phoenix, Portland, Salt Lake City, San Antonio, Seattle, and Washington, D.C. For additional information, visit听.
About Bow River Capital
Bow River Capital is a private alternative asset manager based in Denver, Colorado, focused on investing in the lower middle market in three asset classes, including private equity, real estate, and software growth equity. In addition to its three private fund platforms, the firm launched the Bow River Capital Evergreen Fund (EVERX) in May 2020, which provides institutional-quality private market access to a broader set of investors. Collectively, the Bow River Capital team has deployed capital into diverse industries, asset classes and across the capital structure. Bow River Capital Evergreen Fund is distributed by Foreside Financial Services, LLC, which is not affiliated with Bow River Capital or its affiliates. For more information on Bow River Capital, please visit听.