This morning the IPG team is at Rice Eccles stadium at the University of Utah. We are hearing national presenters at CCIM RealCon.
So far we have learned:
-No recession, we will skip over it
-Utah has highest GDP growth
-#2 employment growth
-Industrial real estate is the darling
SALT LAKE CITY IS ON FIRE!
TIME TO SELL AND BUY REAL ESTATE!!
We had a chance to tour the PackSize facility today. What an impressive group of people and a fantastic packing resource for distribution and logistics. PackSize helps its customers save money on shipping and labor costs while simultaneously creating a more efficient shipping process. PackSize machines enable companies to create custom sized boxes for customer orders and e-commerce so well. I'm so impressed with the business model and equally impressed with that companies philosophy of making businesses more sustainable with the environment as well. Check them out at packsize.com
As another school year dawns bright this week, it seems to mark the passing of time. When you are a kid you measure things summer to school year, and once you have kids it seems to do it all over again. As the mother of 4 it seems to make it more surreal for me this year as it’s the first year in a very long time where I only have 1 child in school and she is a Junior this year! It has made me wonder if I have spent enough time making memories with my kids and not just trying survive getting them raised. Looking back, I remember times in my life where I was just wishing and hoping to survive and get to the next point instead of taking the time to slow down and take stock of what was around me. I heard a song at my daughters’ graduation at the beginning of the summer that really had me thinking, and taking stock of how I am living and viewing my life. Am I a participant or am I merely a viewer on the sidelines? If you haven’t heard Ben Platt’s Older (https://www.youtube.com/watch?v=y_sADbvPmzE) I highly suggest it. First, it’s a truly amazing, and beautiful song, and second it has an amazing message. Because
When you are younger
You'll wish you're older
Then when you're older
You'll wish for time to turn around
Don't let your wonder turn into closure
When you get older
I am trying to make more time in my life to enjoy life and to slow down and to make more memories so that I can look back at my life and know that I lived it and not just observed it.
My kids in California last year - Making memories and LIVING!
IPG Commercial announces that Costco Wholesale Corporation has purchased 15 acres of industrial land in SLC located at 380 South and 5700 West. The land is directly east of their current distribution facility. Michael Jeppesen, SIOR, CCIM, LEED AP, principal broker of IPG Commercial, and Rick Dames with Cresa Partners (St Louis Mo), represented the buyer and John Greer, SIOR CCIM of Internet Properties represented the seller.
Costco Wholesale Corporation is a multinational corporation which operates a chain of membership-only warehouse clubs. Costco is ranked as the second largest retailer in the world and ranked #15 on the Fortune 500 rankings of the largest US corporations by total revenue. Costco Wholesale Corporation plans to use this land, which is adjacent to their Utah distribution facility, for expansion purposes.
Late 2018 the IPG team was lucky enough to bring Bullfrog Spas together with the right team of pros to consummate the largest industrial transaction in Utah of 2018. 6 months later tilt panels walls are being erected! Check out the live webcam here: https://www.ipcamlive.com/herriman1
And jump to this page for our previous Bullfrog blog post here: http://www.ipgcre.com/blog?offset=1550679059956.
If you or someone you know has a need for industrial real estate in Utah, be it industrial land, a warehouse building, or an industrial investment asset, reach out and let us show how IPG Commercial Real Estate can help!
