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Fully Funded DevelopmentsFlex & Industrial

Nu Skin Warehouse

Provo, UT

Aerial view of the finished NuSkin warehouse and parking lot in Provo, Utah, with the Wasatch Mountains behind, October 2026

Investment overview

The NuSkin Warehouse Development is a 12-month project to construct a 300,000 sq ft industrial warehouse in Provo, Utah. The development is fully backed by a long-term executed lease with NuSkin (NYSE: NUS), a publicly traded global corporation. The project offers strong downside protection through corporate credit tenancy while targeting an exceptional 44.47% return to investors, with a 16% preferred return structure.

By August 2026 the building’s exterior walls and roof were up and site work was under way (photos below); by October the exterior, loading docks, parking, and paving were finished (above). HRZN is targeting completion in October 2026 with tenant move-in in November, and three buyers have expressed interest in the completed asset.

Photos

Nu Skin Warehouse — photo 1
Nu Skin Warehouse — photo 2
Nu Skin Warehouse — photo 3
Nu Skin Warehouse — photo 4
Nu Skin Warehouse — photo 5

Key highlights

Asset Type
300,000 sq ft industrial warehouse
Tenant
NuSkin (NYSE: NUS) – long-term lease executed
Construction
Target completion October 2026; tenant move-in November 2026
Sale
Three interested buyers as of Q2 2026

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