JDK Real Estate Acquires Warehouse In Salt Lake City

Monday, December 8, 2008

JDK Real Estate, LLC, and member of the Kenco Family of Companies, is proud to announce the purchase of a 202,000 sq. ft. warehouse and manufacturing facility in The Salt Lake International Center adjacent to the Salt Lake International Airport.

According to Jimmy Glascock, vice president of JDK Real Estate, “The facility was purchased from Obrist America, Inc. a subsidiary of Paris-based Closure Systems. Obrist is a leading manufacturer of plastic bottle cap systems for most of the major soft drinks companies throughout the world and will continue to occupy the facility under a multi-year lease.

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JDK will retain the adjacent land for future development of up to 200,000 sq. ft. of distribution space. The entire complex is rail served and within 3 miles of the Salt Lake City Intermodal Yard with direct rail service to Pacific Ocean ports. The complex is also immediately adjacent to the location of American Distribution Centers, the operations of which were recently acquired by JDK Real Estate’s sister company Kenco Logistic Services, LLC.

Kenco's core competencies include logistic services, transportation, real estate management and material handling equipment. The Kenco family of companies includes Kenco Logistic Services, Kenco Transportation, Kenco Toyota-Lift, Kenco Management Services, and JDK Real Estate. For more information, visit us at www.kencogroup.com.


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