Industrial Sites

Quick Facts: Year-End 2006

Total Inventory S.F.	6,500,000 S.F.
Lease Rates per S.F.	$6.00 - $10.20 NNN
Vacancy	3%
CAP RATE	8.5% - 9%
Land Values Per S.F.	$2.75 - $5.00
Under Construction S.F.	536,000

The industrial segment of the Washington County market maintains its strong attraction for manufacturing and distribution companies. With the announcement of the beginning of construction on a new I-15 interchange, and the final FAA approval for the new airport, we expect the attraction for these types of businesses to be enhanced.

There has been an addition of approximately 500,000 square feet to the industrial inventory since the end of 2006, with 536,000 square feet under construction, and an additional 400,000 square feet in the final planning stages. The contract for the infrastructure for Phase VI of the Fort Pierce Industrial Park has been awarded; this will add over 100 acres to our existing inventory of land. With several quality companies looking seriously at making the commitment to Washington County we do not anticipate much, if any, slowdown in Industrial activity.

1.10.07
For more information, contact Ray Rosenthal at Commerce CRG International at 435-673-7111 - rrosenthal@commercecrg.com

Maps

Fort Pierce Industrial and Business Park

The Park consists of 1100 acres of industrial zoned land. 435 acres have been sold and over 800,000 sq. ft. of buildings have been developed by existing businesses. An additional 825,000 square feet are under construction or in the planning process. There are about 100 tenants now located in Fort Pierce Industrial & Business Park.

Ask how you can customize a site to fit your current or future business needs. Located near the north and south I-15 freeway with easy access from St. George exit #4, Fort Pierce is one of the area's newest industrial centers. Contact Ray Rosenthal at Commerce CRG International at 435-673-7111 - rrosenthal@commercecrg.com
MAP OF THE FORT PIERCE INDUSTRIAL & BUSINESS PARK
AERIAL MAP SHOWING THE LOCATION OF THE FORT PIERCE INDUSTRIAL PARK
FORT PIERCE INDUSTRIAL & BUSINESS PARK PRINTABLE FLYER

Gateway Industrial Park

The Gateway Industrial Park is located in Gateway, a 2000 acre master planned community composed of commercial, industrial, recreational, and residential developments. Gateway is located on Interstate 15 about 8 miles north east of St. George at the intersection of I-15 and SR-9, the Zion Park exit. Gateway will provide jobs, schools, churches, shopping, and recreational facilities all within the community.

Gateway is projected to become a corporate and institutional headquarters. The first business to locate in the Gateway Industrial Park was the 1.2 million square foot Wal-Mart Distribution Center. At this time, there is an additional 350 acres in the Gateway Industrial Park ready for development. Contact Gene Sturzenegger of Winding River Properties for more information at 435-703-5011.

Millcreek Industrial Park

The Millcreek complex is a 150-acre planned industrial park situated on St. George's east side. There is easy access to Interstate 15 via nearby interchanges, just off exit 8. Located near Costco, Home Depot and the new Super Wal-Mart.

NEW DEVELOPMENT

Sienna Hills Prime Commercial
Master planned development of 107 acres by I-15 Freeway between Washington City and Coral Canyon. 5 to 32 acre parcels are available. Fiber-optic network and all utilities. Click for map.