Hamilton Partners and Bow River Capital have locked in a $44.2 million refinancing for Hamilton Logistics Center, a 474,600‑square‑foot Class A distribution building on Salt Lake City's northwest edge. The fresh debt keeps the sprawling warehouse in institutional hands as the owners work to fill modern logistics space just outside the Inland Port area.
Loan details
According to REBusinessOnline, JLL Capital Markets brokers Chris Gandy, Jack Safford and Todd Torok arranged a floating‑rate, five‑year loan through a national insurance company. The loan totals $44.2 million, with Hamilton Partners and Bow River Capital listed as the borrowers.
Building and site
Marketing materials for Hamilton Logistics Center put the property at 8080 West 1400 North at roughly 474,600 square feet on about 33 acres, with construction wrapped in 2023. The cross‑dock facility includes 36‑foot clear heights, more than 100 dock‑high bays, multiple drive‑in doors and extensive employee and trailer parking, according to Mortenson.
Why it matters
The refinancing lands at a moment when Salt Lake's industrial market is digesting a wave of new projects and shifting vacancy patterns, especially in smaller bays that have softened this spring. The Hamilton building's airport‑adjacent location and access to the Wasatch Front labor pool of roughly 1.2 million residents have been highlighted by trade and local coverage, including reporting on how small warehouses suddenly sit empty.
Bottom line
The recapitalization effectively resets the 2023 delivery and keeps the property positioned for airport‑area distribution users as Hamilton Partners and Bow River Capital continue their lease‑up push. With new funding in place, the owners have more runway to market the building to regional distributors looking to plant a flag near the Inland Port.
