JLL Capital Markets

Commercial real estate brokerage

Appears in 1 story · Last updated Nov 10, 2026

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Ares buys Studio McGee distribution center in Salt Lake City

Money Moves

Marketed the property and announced the sale

A 325,215-square-foot distribution center in Salt Lake City's Northwest Quadrant has a new owner. An Ares Real Estate fund bought the building at 5270 W. John Cannon Drive, with the sale closing in October and JLL Capital Markets announcing it Monday.

Updated 2 hours ago