Newport National Buys Hobble Creek Business Park (260,000 SF) in Salt Lake City

Reported Sep 11, 2026 · Source: Salt Lake Business Journal

Source: Salt Lake Business JournalRead the full report at Salt Lake Business Journal ↗

Deal details

Buyer
Newport National Corp.
Seller
Not disclosed
Price
Not disclosed
Size
About 260,000 SF, three buildings, 31.6 acres
Asset class
Industrial
Transaction
Sale
Sub-market
Utah County (Springville)
Metro
Salt Lake City
Reported date
Sep 11, 2026

Summary

Newport National Corp. completed the acquisition of Hobble Creek Business Park, a 31.6-acre, multi-building industrial park in Springville. The park has approximately 260,000 square feet of industrial space across three buildings and is 98 percent leased, with only two 6,720-square-foot bays remaining available. Price and seller: Not disclosed.

Summarized from the article; the quoted lines below are from the article itself.

Source: Salt Lake Business Journal

Read the full report at Salt Lake Business Journal. What the article says:

  • Deal
    Hobble Creek Business Park acquired by Newport
  • Deal / Buyer
    Newport National Corp. has completed the acquisition of Hobble Creek Business Park, a 31.6-acre, multi-building industrial park located in Springville.
  • Size
    Hobble Creek Business Park currently comprises approximately 260,000 square feet of industrial space across three buildings and is 98 percent leased, with only two 6,720-square-foot bays remaining available.

Article date: 2026-09-11T15:46:23.000Z

Quick answers

Who bought Hobble Creek Business Park?
Newport National Corp bought Hobble Creek Business Park in Utah County, Salt Lake City, according to Salt Lake Business Journal.
How big is Hobble Creek Business Park?
About 260,000 SF, three buildings, 31.6 acres, as listed from the source.
When was this sale reported?
Reported Sep 11, 2026 by Salt Lake Business Journal.

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