CBRE’S OUTLOOK FOR THE ECONOMY AND SPECIFIC CRE SECTORS: A global recession likely has started. The U.S. also is expected to endure a recession, with GDP declines in the first and second quarter. CBRE sees the U.S. economy stabilizing in the third quarter, starting to recover in the fourth, and growing at stronger rates in [...]
Salt Lake City—February 11, 2020—The Salt Lake City office of CBRE and KBS, one of the largest investors in premier commercial real estate in the nation, announced today that they have signed nearly 50,000 square feet of leases at the Salt Lake Hardware Building in downtown Salt Lake City, Utah, including a new 22,918 square-foot lease by a medical [...]
CBRE Report Highlights Retail Trends Aimed at Generating Holiday Traffic, Improving Speed of Service, Expanding Options for Shoppers Salt Lake City—December 4, 2019—Trends in store for retailers and shoppers this shortened holiday retail season include an earlier start to holiday promotions, new collaborations to shorten delivery windows and pare their cost, a proliferation of pop-up [...]
Salt Lake City—November 4, 2019—For the second year in a row, Salt Lake City’s Tech Corridor has ranked #1 in the U.S. for office net absorption growth (growth in occupied office space) on CBRE’s annual Tech-30 report, which measures the tech industry’s impact on the 30 leading tech-centric office markets in the U.S. and Canada. The local [...]
Salt Lake City—October 30, 2019—The Salt Lake City office of CBRE today announced that two new tenants have signed leases at Ken Garff Tower, a downtown high-rise owned by Hamilton Partners. Comprising nearly 34,000 square feet together, the addition of these two leases brings the building’s occupancy to 79 percent. Barb Johnson and Kreg Peterson represented Hamilton [...]
Salt Lake City—October 14, 2019—The Salt Lake City office of CBRE today announced that it has been selected to list 169,000 square feet of office space in Murray, Utah. The building is being offered for sale or lease by office specialists Scott Wilmarth, Tab Cornelison and Peter Black on behalf of the client, Schoolhouse Galleria. [...]
Flexible Office Space Sector Poised for Significant Growth in the U.S. Salt Lake City—September 19, 2019—Salt Lake City is the fastest-growing flexible office space market in the U.S., according to a new report from CBRE. The market’s flexible-space inventory grew to 772,000 sq. ft. by the end of Q2 2019, an increase of 350,000 sq. [...]
Salt Lake City—September 4, 2019—The Salt Lake City office of CBRE has released its semi-annual Greater Salt Lake Area Multifamily Market Report, offering detailed insight into the multifamily market along the Wasatch Front. Encompassing data from the first half of 2019, the report reflects a market that continues to experience record sales volume, with current [...]
Markets Such as Salt Lake City, Dayton and Greenville-Spartanburg Register Strong Demand, Limited Supply and Rising Rents Salt Lake City—August 29, 2019—Fourteen U.S. markets, including Salt Lake City, stand out in a new report from CBRE as strategic options for investors in industrial & logistics real estate who are seeking growth opportunities outside of primary markets. [...]
Markets Such as Salt Lake City, Dayton and Greenville-Spartanburg Register Strong Demand, Limited Supply and Rising Rents Salt Lake City—August 29, 2019—Fourteen U.S. markets, including Salt Lake City, stand out in a new report from CBRE as strategic options for investors in industrial & logistics real estate who are seeking growth opportunities outside of primary markets. [...]
