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4000 Flash Drive | Lehi, Utah 84043
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FOR LEASE
Towering over Utah Valley near the Point of the Mountain is Sky View Business Park With a commanding elevated location near the Point of the Mountain, Central to both Salt Lake County and Utah County, Sky View Business Park will feature 700,000 square feet with 11 buildings sized from 100,000-150,000 Square Feet to accommodate Life Sciences, Class A Office, Manufacturing, Research & Development. Unparalleled soaring views of the mountain and unique south views of the lake coupled with landscaping within a true campus environment offers users the ability to stage expansion and access enhanced infrastructure found nowhere else.
The Developer: Gardner Company
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Site Plan
The Gardner Company is a full service real estate company specializing in the development of office, retail, industrial and medical buildings. The company was founded by Kem C. Gardner who serves as CEO. Gardner has been a prominent fixture in the Utah business community for over 40 years and has one of the largest real estate portfolio’s in the region. The philosophy of Gardner Company is to build great relationships. We achieve this by partnering with people and companies with the highest of standards to benefit our clients, our communities, and the environment. One of the objectives of Gardner Company is to design and construct buildings that minimize the impact on the environment, improve the surroundings, and enhance the workplace experience for our tenants. We are dedicated to constructing buildings that are LEED-certified, implement state of the art technology in energy efficiency, and are cost-effective. Our goals are to use the latest technology in construction and materials so that the buildings we build reduce our carbon footprint, are environmentally friendly and aesthetically pleasing.
Sustainability
Key Advantages Include:
• 20,000 Square Feet to 500,000 Square Feet Available • Lease, Build-to-Suit & Expansion Planning • Structured Parking Available • High Volume Space with Expansive Glass • Mixed-Use, Fulfillment, Distribution & Professional Space, and Retail Amenities • Upgraded Infrastructure • Direct Access from Timpanogos Highway (SR 92) & Within Minutes of I 15 • Immediate Access to an Extensive and Unique Trail System
© 2022 COLLIERS | UTAH
6440 S Millrock Drive, Suite 500 | Salt Lake City, Utah 84121 +801 947 8300
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Brandon Fugal
+1 801 947 8300
brandon.fugal@colliers.com
Property Overview
Gardner Overview
Contact US
Three Reasons to Hire Colliers
Supply Chain Innovation Connectivity
The team
Supply Chain
Innovation
Connectivity
PROVE IT
The Asset
Why Us
The Colliers Team
Matt McGregor, SIOR
Executive Vice President
Bill Condon, SIOR
Warehousing Corporate Headquarters Manufacturing plants National Distribution and logistics facilities
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Bob Santucci
Vice President
EXPERIENCE Bill Condon serves as an industrial specialist concentrating on the institutional leasing and sales of industrial properties in the Puget Sound, in addition to overseeing Colliers’ 50 person Seattle office. Bill has experience negotiating a variety of complex real estate transactions including warehousing, corporate headquarters, manufacturing plants, distribution and logistics facilities. His passion for his clients and his work, along with his attention to detail and unique talent for continually creating value for his clients, has been key to his ability to lead the market in large transactions. Bill’s extensive market knowledge and commitment to achieve and exceed objectives make him invaluable to his clients and his ability to routinely “over-service” them is one of the reasons he continually out performs his competition. PROFESSIONAL ACCOMPLISHMENTS » 2020 SIOR Industrial Broker of the Year » Puget Sound Business Journal Top 40 Under 40, 2011 » National Real Estate Forum’s Top 40 Under 40, 2010 and 2011 » National Real Estate Forum, Industrial Leader, 2015 » Colliers Everest Club Producer, 2012 through 2018 » SIOR Industrial Broker of the Year finalist, 2017 » CoStar Power Broker, consistently ranked a Top 10 Industrial Broker » Colliers International Rookie of the Year » Colliers Top Regional Producer, 2012 » National Real Estate Forum Emerging Industrial Leader, 2015 » Bisnow Power 60, Most Influential Players in Seattle Commercial Real Estate, 2013 EDUCATION » Whitworth University, BA, Business Management
2020 SIOR Industrial Broker of the Year, 2020 Connect Media Top Broker Honoree, 2019 Colliers Everest Club Producer, 2017 SIOR Industrial Broker of the Year Finalist, 2015 National Real Estate Forum Emerging Industrial Leader. Represents tenants throughout the U.S. and abroad. Certified in Logistics and holds SIOR designation. 10+ years logistics portfolio consulting and analytics for fortune 500 firms. In-depth market knowledge and commitment. Strives to exceed established objectives. Industry leading experience in:
CONTACT DETAILS MOB +1 206 235 9732 DIR +1 206 624 7400 Colliers International 601 Union Street Suite 5300 Seattle, WA, 98101
2020 Connect Media Top Broker Honoree, 2019 SIOR Industrial Broker of the Year, 2019 National Real Estate Forum Top 10 Industrial Broker, 2019 Colliers Everest Club Producer. Represents tenants throughout the U.S. and abroad. Certified in Logistics and holds SIOR designation. 10+ years logistics portfolio consulting and analytics for fortune 500 firms. In-depth access into capital markets.Industry leading experience in:
CONTACT DETAILS MOB +1 206 851 4616 DIR +1 206 624 7401 Colliers International 601 Union Street Suite 5300 Seattle, WA, 98101
EXPERIENCE Matt McGregor specializes in institutional leasing and sales of industrial properties in the Puget Sound, with a particular emphasis in larger and complex transactions. Matt has many long-termclient relationships due to his extensive knowledge of the market and dedication, professionalism, and commitment to their success. Matt has been involved in hundreds of transactions totaling more than 61 million square feet throughout his career. He has leased to 100% occupancy large industrial portfolios for landlords including Prologis, DCT Industrial, Principal Global Investors, American Realty Advisors, Bertch Capital, and Clarion Partners. Matt has unparalleled experience in industrial commercial real estate, including warehousing, corporate headquarters, manufacturing plants, distribution and logistics facilities. PROFESSIONAL ACCOMPLISHMENTS » NAIOP Industrial Development of the Year 2020 » Colliers Everest club through 2020 » CoStar Power Broker, consistently ranked a Top 10 Broker through 2020 » SIOR Industrial Broker of the Year, 2013 and 2019 » SIOR Industrial Broker of the Year finalist, 2011, 2012 and 2018 » National Real Estate Form Top Industrial Broker (top 10 industrial brokers in the country), 2019, 2017 and 2015 » Leader in the Northwest in industrial sales over the past 14 years » Colliers Everest Club Producer, 2012 through 2019 » CoStar Power Broker, consistently ranked a Top 10 Industrial Broker » Bisnow Power 60, Most Influential Players in Seattle Commercial Real Estate, 2013 » Humanitarian of the Year, 2007 and 2008 » NAIOP Deal of the Year finalist, 2011 and 2018 EDUCATION » Michigan State, MS, Supply Chain Management (current)» University of Washington, BA and Commercial Real Estate Post Graduate Certificate Program » Georgia Institute of Technology and University of Texas, Supply Chain & Logistics CertificatePrograms » Seattle Pacific University, MBA coursework
CONTACT DETAILS MOB +1 206 949 2729 DIR +1 206 287 0213 Colliers International 601 Union Street Seattle, WA 98101
EXPERIENCE Bob Santucci is a Vice President in Colliers International’s Seattle office. He focuses on serving the real estate needs of manufacturing, warehouse, distribution and other industrial clients in the Puget Sound market. Bob works closely with Bill Condon and Matt McGregor, two of the most accomplished industrial real estate brokers in the Pacific Northwest and among Colliers’ leading professionals in the industrial sector. Bob is a multi-dimensional real estate broker who engages in leasing and sales acquisition and disposition initiatives for both tenants and landlords. Over the course of his five-year career, he has helped industrial clients successfully realize real estate solutions by aligning their business with expectations of how real estate factors into achieving goals — prior to engaging the market on their behalf. He assists in understanding how to leverage current market dynamics to develop and execute strategic real estate plans that ensure long-term operational success. For landlords, Bob has become an asset in marketing industrial space, providing market insight and analysis, and targeting and securing the optimal tenant for a particular availability. He acts as point broker for institutional owners on more than 3 million square feet of space. PROFESSIONAL ACCOMPLISHMENTS » Colliers’ Puget Sound region Rookie of the Year, 2016 EDUCATION » Gonzaga University, BS, Accounting & Finance » Licensed Real Estate Broker, State of Washington
team Qualifications
#1 Team
Top 5
SIOR national broker of the year top producing team at Colliers Puget Sound 5 years in a row team nationally
35M SF
transacted past 36 months transaction value
1.3B
Back to Back
Team Performance
#1 Program
in the world
What Really Matters
What Everyone Sees
Debunking false information (threats of unionization) Showing transportation costs per load vs competition Demonstrating labor pool advantages Outlining transit savings per trip related with outbound transportation
The Building
Success Story
Best Buy
405,000 SF
Innovation: First to ...
Create drone videos Video marketing First team to employ VTS in the world Apto First team to create video tours of industrial assets (2011)
First To
Create drone videos
Video marketing
employ VTS in the world
Apto
create video tours of industrial assets (2011)
Pause the video before closing the window.
Innovation: Doing Now
International Podcast
Youtube channel
ASANA
Vidyard
Seamless
Supply Chain Analytics on listings to create deals where they would have died out
Youtube Channel
Seamless.ai
iframe youtube page here? URL from team
Coming Soon
Colliers Logistics and Transportation Group
West Coast Connection Team
Colliers At a Glance
Great local and national broker connectivity due to largest deal volume
Cold calling/business development second to none resulting in filling our own projects
Exclusive group with experts in key port cities, transportation hubs and consumption areas across the North America.
West Coast Connection team
Colliers at a glance
Memberships
Speakers at countless Supply Chain Conferences related with the top 5 components impacting the Supply Chain.
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Prove It
Clarion Sumner Central
Hogum Bay
Amazon Kent
427,253 RSF
1,099,924 SF
654,533 SF
628,640 SF
Port of Tacoma South
223,446 SF
Sumner Ridge
THE ASSET
Current Asset
Proximity to the Port of Tacoma and a dynamic and growing population base Great access to I-5, Hwy 18, Hwy 167 and I-90 Tacoma Power Zone Best in class asset with limited competition related with 36’ clear height, concrete truck courts and trailer parking. Top market absorption over the past 36 months Flexibility in size ranges due to depth of buildings and superior design
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Strengths
Perceived threat of Unionization Close to discounted markets including Lakewood, Fredrickson, Dupont and Lacey Time on the market
Weaknesses
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Sumner Ridge industrial park
90 Day Plan of Attack
Best in class database and track record of success 500 direct dialed to identified list of top prospects
Targeted Tenant Cold Calling Campaign
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Continuous targeted calls to the most relevant brokers to reintroduce the asset and keep at top of mind Sending thank you notes and gift cards following all tours as well as proactive notes to inquiring brokers or those with known and active requirements
Target Broker Calls and Outreach
Create a drone footage video of the property highlighting its unique aspects and position with supply chain analytics Send marketing video to prospects, brokers and the supply chain networks to maximize exposure and reintroduce the asset
Supply Chain Marketing Video Creation and Broadcast
Measuring performance
Measuring Performance
Track scores with Colliers360 dashboards Tie scores to Colliers fees and internal team compensation Identify strengths / weaknesses on the team Align priorities to actions that make the most impact
Transaction Quality Index (TQI) Optimize Transaction Performance
Competitive Set
1651 Lincoln Avenue
106K SF
144K SF
268K SF
Fife Commerce Center
Lakewood Industrial Park - Bldg 28
250K SF
Starlite Distribution Center
1.134M SF
Seaport logistics center
438K SF
The Viking
Current Market Trends
absorption trends
What’s next
Phase 2 Expansion
Local Market Dynamics
E-Commerce Growth
Strong Rent Growth in Tacoma
Strong Tenant Demand
Scarcity of class A Buildings in Tacoma
Strong Labor Pool
Tenants Moving From King County to Pierce County
Absorption trends
E-Commerce Catalyst in US
A Decade of Transformation is Being Compressed into a Few Weeks
Nearly 2/3rd of Total Retail Sales By 2023!
- US hovers around 11% now, peaked at 14.6% in December 2019 - Forced shift to e-commerce now - 90% of e-commerce in China is delivered within 24 hours - Substantial lag in US e-commerce infrastructure
Tacoma
Logistics Center
WHY US
We Deliver Results
Accountability and Results
References
Stacey Magee Managing Director Clarion Partners Direct: (214) 647-4925 Mobile: (214) 215-8692 Stacey.Magee@clarionpartners.com 1717 McKinney Ave, Suite 1900 Dallas, TX 75202
Robert V. Fuelling Executive Vice President, Director of Marketing IDS Real Estate Group Phone: (213) 347-6423 rfuelling@idsrealestate.com 515 S. Figueroa Street, 16th Floor Los Angeles, CA 90071
Paul K. White Managing Director LaSalle Investment Management, Inc. Direct: 312-897-4006 Mobile: 312-560-8708 paul.white@lasalle.com 333 W. Wacker Drive, Suite 2300 Chicago, IL 60606
Direct Targeted Approach to users
location and flexibility
Map in design, Illustrated Map showing proximity
Best in Class Marketing materials
Reporting and communication
Structured Bi-monthly Calls with Account Leads
Bi-monthly Reporting
Full Transparency and Accountability
