WEST VALLEY CITY, Utah — ViaWest Group, in partnership with GEM Realty Capital, has officially broken ground on 5400 Commerce Center, a premier industrial development located at 7301 West 5400 South in West Valley City, Utah. The project will feature three state-of-the-art industrial buildings totaling 470,334 square feet.

CBRE’s Matt McAfee, Tom Dischmann, Jeff Richards and Chris Liddell are leading leasing efforts for the project.

The three-building development includes Building 1: 97,249 square feet, Building 2: 154,586 square feet, Building 3: 218,499 square feet.

Each building will be LEED Certified and will feature ESFR sprinkler systems, 32’–36’ clear heights, and 3,000A–4,000A 480/277V power, offering the flexibility and infrastructure required by today’s leading industrial users.

“5400 Commerce Center reflects ViaWest’s commitment to developing best-in-class industrial projects that anticipate the needs of both tenants and the broader community,” said Tom Glissmeyer, Market Leader, Mountain West for ViaWest Group. “The Salt Lake Valley continues to experience tremendous growth, and this location is positioned to serve that expansion for years to come.”

“GEM is pleased to achieve this important milestone alongside our partner, ViaWest,” said Emily Dominski, Managing Director at GEM Realty Capital. “This project reflects GEM’s strategic focus on high-growth industrial markets like Salt Lake City, where strong fundamentals, infrastructure connectivity, and access to a skilled workforce align with broader trends in regional expansion and industrial activity across the United States.”

“We are thrilled to officially break ground on 5400 Commerce Center and bring this vision to life,” said Matt McAfee, Executive Vice President at CBRE. “This project represents a rare opportunity for users to locate in a high-growth area that offers immediate access to key transportation routes and a talented workforce.”

Conveniently located within one mile of the Mountain View Corridor and easy access to SR-201 Freeway, I-215, I-80, and the Salt Lake City International Airport, 5400 Commerce Center offers exceptional regional connectivity. The West Valley location positions companies to attract talent and efficiently serve customers across the Wasatch Front while avoiding congestion in more crowded industrial pockets. As surrounding infrastructure continues to expand, accessibility should only improve.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.

About ViaWest Group 

Established in 2003, ViaWest Group is a Phoenix-based, full-service commercial real estate investment, development, and property management firm. ViaWest Group is one of the fastest growing real estate investment companies in the Southwestern U.S. with over $3.5 billion in aggregate transactions since inception, 12.4+ million square feet owned, managed and under development, with offices in Phoenix and Denver. ViaWest Group is currently seeking to acquire and develop office, industrial, and multi-family buildings and land parcels in the Southwestern U.S. Visit our website www.viawestgroup.com or contact Mikele Keiffer at (602) 957-8300 x116. 

About GEM Realty Capital

GEM Realty Capital is a strategically integrated real estate investment firm with approximately $6 billion in AUM. Founded in 1994 and headquartered in Chicago, GEM tactically invests across all four quadrants of U.S. real estate: public, private, debt and equity. Grounded in fundamental real estate analysis, GEM seeks to leverage its extensive experience to anticipate market shifts, navigate periods of economic uncertainty, and identify compelling investment opportunities. For more information visit https://gemrc.com/.