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Cushman & Wakefield Represents Medline in 710,000-SF Industrial Lease in Salt Lake City

Bailey Webb • 10/10/2022

J. Frank Franzese, Steven C. Bauer, Noelle Cunningham and Gina Moore Represent Medline, while Tom Freeman and Travis Healey Represent the Ownership

SALT LAKE CITY, October 10, 2022 – Cushman & Wakefield announced today that the firm represented Medline in its lease of approximately 710,000-square-feet at 264 South 5750 West in Salt Lake City.
264-South-5750-West
Cushman & Wakefield’s J. Frank Franzese, Steven C. Bauer and Noelle Cunningham, who are based in Chicago, worked with Gina Moore in Salt Lake City to represent Chicago-based Medline, while the firm’s Tom Freeman and Travis Healey represented the ownership.

Medline is a 30-year global client of Cushman & Wakefield. The global healthcare company outgrew its approximately 250,000-square-foot distribution center in Salt Lake City and requested Cushman & Wakefield perform surveys and negotiations for a larger facility in a tight market with 2.3% vacancy. This fast-paced assignment took less than three months from start to finish and was a significant win for Medline.

264 South 5750 West will total approximately 710,000 square feet upon completion, which is slated for the fourth quarter. Medline plans to occupy the property in the first quarter of 2023. The building, which is near Interstate 80, offers 40-foot clear heights, 251 trailer stalls, 383 employee-parking spaces and 113 dock doors.

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.

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