Tanner Webster

Salt Lake City based Real Estate Developer

[Tanner Webster @twallyweb]

Hit 5,000 followers a few weeks ago, so reintroduction for the new people.

Developer/Sponsor in Salt Lake City, started off flipping houses and brokering cre

Currently building/buying a variety of asset classes within a drive from my house

Current portfolio & pipeline is about $30M +/-

• 7.75 acre retail development
-build to suit gas station
-multi tenant retail
- flex industrial in the back

• 19,200 SF spec industrial building, small bays, 980-1680 SF
- 4,096 SF existing office building

• 42,000 SF of self storage and industrial

• 12 townhomes built ground up

• 16 units of value add apartments

• 7 townhomes in planning

Plans for ‘25 are much of the same: industrial, retail, storage, and residential.

Maybe bringing construction and property management in house, but the last two are probably a ‘26 item

I have a podcast where I share what I’ve learned from people much smarter than me, and a mailing list for more details on what’s going on in the market. Both 🔗 are in the bio.

[Tanner Webster @twallyweb]

@EllliotttB Hey Richard and Garrett please stop by clearfield on the way back come on, please

[Tanner Webster @twallyweb]

For those following along, Richard and Garrett are touring tomorrow AM.

I expect the lease to be executed by Wednesday afternoon. Once they see the access, traffic counts, regional breakfast crowd draw from the northern traffic…. it’s game over

[Tanner Webster @twallyweb]

Richard, I know you see this, please send me the LOI to expand Oh No bagels to 3 of our properties

[Tanner Webster @twallyweb]

@devinzander It was a sign company

[Tanner Webster @twallyweb]

“Whatever gets the deal capitalized”

-@PinkPoloShorts

[Arjun Arora @arjunarora_]

What size point is considered small bay industrial?

[Tanner Webster @twallyweb]

@antonia_mdprjct @chasedownleads bat signal

[Tanner Webster @twallyweb]

@Dirtdog PSA has been signed!

[Tanner Webster @twallyweb]

Progress

[Tanner Webster @twallyweb]

Several million dollars of construction going vertical

[Tanner Webster @twallyweb]

@NcxTradez Beast!!

[Tanner Webster @twallyweb]

@NcxTradez You’re speaking in tongues

[Tanner Webster @twallyweb]

@EllliotttB Not even the lenders were buying

[Tanner Webster @twallyweb]

Office market bottomed 24 months ago

Haters can suck it. Those rents are probably $50 NNN

[Tanner Webster @twallyweb]

@Stu_V15 @redwood_ryan_a Land development

[Tanner Webster @twallyweb]

@_alain_harb Always prefer paper lots, but either way

[Tanner Webster @twallyweb]

Got preliminary plat approval for the 59 lot subdivision in North Ogden.

and we donated some money to the local elementary school and they built a lovely new playground.

[Tanner Webster @twallyweb]

@GeringerAdam @taylor_mooore @CronkTheLandGuy I’ll tell you when the buyer closes lol

[Tanner Webster @twallyweb]

@EricSCorliss We’re like 80% approved on final. I think we got rezone approved in April. So pretty quick

[Tanner Webster @twallyweb]

@Jimmydahitman60 @taylor_mooore @CronkTheLandGuy The latter

[Tanner Webster @twallyweb]

@Dirtdog @CRE_Legends Home of a future $3.5M annual sales @7BrewCoffee

[Tanner Webster @twallyweb]

This pylon sign mogs. I mean look at the size of that mf thing

[Tanner Webster @twallyweb]

@kyleasay We have a budget to work with over here

[Tanner Webster @twallyweb]

@beforeitbreaks Davis Signs was the sub contractor