Ninigret Group, which bought Utah Industrial Depot last winter, is enthusiastic about the future of industry in Tooele after more than six months of operations in the area.
The industrial depot, dubbed Ninigret Depot since January, has leased six additional buildings to date — some to current tenants who sought to expand operations, others to entirely new businesses.
Both local and out-of-state businesses continue to show interest in the facility, said Peter Corroon, who oversees the depot for Ninigret.
“Ninigret Group is very positive about the future of Tooele,” he said. “We feel like the industrial warehouse space in Salt Lake is starting to decrease, so more and more companies will look to Tooele as an affordable alternative to the Wasatch Front.”
Ninigret Depot currently leases space to 67 tenants, and over the last few months has worked to renovate several structures and improve private roads in the area.
Tooele City has also helped make improvements to the surrounding infrastructure. Over time, Corroon said, he would like to see the development of 400 acres of unused land included within Ninigret Depot.
Ninigret is currently focused on making some pre-existing buildings available for purchase. At a Tooele City Council meeting Wednesday night, the city approved the first of several anticipated subdivisions. This initial subdivision will make a single building, unit 619, available for individual purchase. Further subdivisions are expected in the future.
“We think it’s good for the long-term stability of the park to have owner-operators,” said Corroon. “If you lease to someone, they can come and go.”
Who will occupy the newly available building is still uncertain. Several businesses, including the building’s current tenant, have expressed interest, he said. However, Corroon was not able to say what companies might come to the depot in the near future.