The beginning of the road
Tooele Army Depot (TEAD) was established in 1942 in an area with a historical tradition of Indian cultures. Early Desert Archaic Indians inhabited the Tooele Valley and probably some portions of the Depot some 11,000 years ago. The Goshute people, who currently inhabit reservations in the surrounding area, are descendants of the Numic speaking culture.
TEAD Becomes the Utah Industrial Depot
In March 1993, part of the site (1,663 acres) was placed on the Base Realignment and Closure (BRAC) list. As a BRAC site, 41 acres were transferred by the U.S. Army for private use in 1996. The remaining 1,622 acres of the BRAC parcel were transferred to the Redevelopment Agency of the city of Tooele in January of 1999. The property was subsequently sold by Tooele City to a commercial developer.
Ninigret Group Purchases struggling UID
The Ninigret Group, L.C. (“Ninigret”) has acquired the real estate property known as Utah Industrial Depot (“Ninigret Depot”) which consists of developed, partially developed and undeveloped industrial land and buildings located in Tooele, Utah. It includes approximately 44 separate buildings containing approximately 2.3 million square feet of industrial/warehouse space, a rail service business that provides rail services and access to tenants at Ninigret Depot and an approximate 288,000 square feet of separate storage unit space.
Ninigret Depot transfers Management
Peterson Holdings strikes deal with Ninigret Group to become the property management company of the Ninigret Depot. Peterson Holdings is the parent company of Utah Fabrication, Rocky Mountain Railcar Repair, Tekko, and Grandstaff Electric who are all tenants on the Depot.
Peterson Industrial Depot (PID) is born
After successfully managing the Ninigret Depot for the past year, Peterson Holdings decides to purchase the property and assets of what were previously known as Utah Industrial Depot. Peterson Industrial Depot was born out of need for better commercial, industrial, and rail served buildings In Tooele County. PID aims to be the game changer in Utah with the best pricing, with the best service, managed by the best team.