Ephraim Crossing developer purchases industrial building in Ephraim
Ephraim Camino Verde Group, a real estate investment, development, and asset management company, has acquired an industrial building located at 455 W 100 North in Ephraim for an undisclosed amount. The 85,297 square foot building has six bays and is located on 9.3 acres.
Camino Verde Group, which is also developing the mixed-use Ephraim Crossing campus in Ephraim, plans to significantly improve the 40-year-old building and property. “It had been used most recently for hay storage, but we plan on significantly improving it for much-needed industrial uses,” says Kevin Romney, partner at Camino Verde Group.
Romney says properties of this type are in short supply throughout Utah, and he has already seen interest from manufacturers and construction supply users in leasing large portions of the property. “It will be an affordable option among similar products in Utah and Salt Lake counties t
A unique, multi-purpose hub is coming to central Utah. Ephraim Crossing, developed by Camino Verde Group, is a mixed-use campus featuring business, retail and residential living in the historic city of Ephraim. The project, located
Tech Community Coming to Ephraim
It looks like a new tech community is on its way to Ephraim in the near future. Ephraim Crossing, developed by Camino Verde Group, will be a mixed-use campus featuring business, retail and residential living. The 90 acre project will bring a new technology hub to the home of Snow College and the Ephraim Campus of Utah State University.
With tech jobs on the rise in Utah, Ephraim was chosen as the spot for this new development in part due to the new Bachelor of Science in Software Engineering program at Snow College, allowing for local internships and development of future employees.