AIRPORT TECHNOLOGY PARK - BUSINESS PARK
Salt Lake City, UT 84116
Salt Lake City, UT 84116
Property Info:
Mission Critical Corporate Campus
- Size/Location: 8 building campus, totaling 1.4M sq. ft. on 78.8 acres located adjacent to the Salt Lake City, UT International Airport.
- Tenants/Use: Primarily leased to L3Harris Technologies (NYSE: LLL) and Myriad Genetics (NASDAQ: MYGN) for offices and R&D.
- Serves as the division headquarters for the major tenant, L3Harris Technologies, which utilizes the campus to design, manufacture, and test communication equipment for unmanned aircraft and other vehicles, expanding military and private sector product lines. L3Harris Technologies and its corporate predecessor (Unisys) have been in occupancy at the campus for more than 50 years.
- Build: Four built-to-suit expansions have been delivered for L3Harris Technologies since 2012. The most recent expansions were for 379,000 sq. ft. delivered in 2021 and an 11,664 sq. ft. expansion delivered in 2023 which hosts a new R&D testing facility.
- Special Features:
- Abundant power supply, and on-site electrical switch and substations provide redundant power to the campus at an estimated 25% cost savings. The property is served by both the northern and southern power grids, which greatly reduces the risk of outages.
- Tenant generators and battery packs further supplement an already robust electrical system.
- The project's location is mission critical to the operations of L3Harris Technologies. Airport ordinances on building height and the Wasatch Mountain Valley to the east provide required direct line-of-sight for transmissions to each hemisphere.
- Acquired 12/1998