The Utah Inland Port Authority (UIPA) has signed an exclusive three year deal with technology marketplace and online platform Warehouse Exchange to fill under-utilized warehouse space across the state.
In a statement the UIPA said the programme will roll out gradually over several weeks, during which time the UIPA will provide platform access for the 220 million square feet of warehouse space spread across Utah’s Wasatch Front.
“Logistics is all about moving and storing goods, and Utah is at the epicenter of that activity in the Intermountain West,”said Jack Hedge, Executive Director of Utah Inland Port Authority.
“This program allows us to use the infrastructure already in place in the most efficient way possible and provide immediate solutions for the industry.”
“Looking at the needs of Utah’s statewide logistics network and making connections is a primary role of UIPA. We’re excited to serve that role in bringing people together with this partnership with Warehouse Exchange.”
Grant Langston, CEO of Warehouse Exchange, said: “We’re thrilled to be working with UIPA to help warehouse operators in Utah fill the nagging problem of under-utilized space in their buildings.”
“This kind of innovative initiative can serve as a real model for other states around the country that are looking for ways to create jobs and support their landlords and warehouse companies.
“UIPA’s leadership team has the vision and passion that we look for when we’re building partnerships, and this new category of suppliers and buyers are eager to find new growth.”
This influx of supply on the Warehouse Exchange platform will continue their progress providing flexible, on-demand space for small and medium businesses across the United States.
With this announcement, Warehouse Exchange has facilities throughout California, Utah, Oregon and Arizona. Warehouse Exchange will also be opening new facilities with other suppliers around the country, all of which will rely on the marketplace platform.