20 12, 2018

CBRE Forecasts Online Returns Could Total as Much as $37 Billion this Holiday Season

By |2018-12-20T09:55:36+00:00December 20th, 2018|Member News|0 Comments

Analysis By CBRE And Optoro Outlines Warehouse Space Required to Handle Returns, Rate of Value Loss For Returned Items Salt Lake City—Dec. 20, 2018—The voracious growth of e-commerce brings with it a costly byproduct—online returns—that CBRE calculates in a new report could total as much as $37 billion for this holiday season. Online returns often draw additional attention in [...]

13 11, 2018

Under The Tree For Retailers This Holiday Season: More Efforts To Combine Online, In-Store Shopping

By |2018-11-13T11:22:50+00:00November 13th, 2018|Member News|0 Comments

CBRE’s Annual Holiday Retail Trends Guide Outlines Retailers’ Focus This Season On Buy-Online/Ship-To-Store, Enhanced Loyalty Programs & More Salt Lake City – November 13, 2018 – Retailers will seek to cap a strong year this holiday season by doubling down on strategies to draw online shoppers into stores, reward their loyalty in new ways and ensure that toys [...]

9 11, 2018

UBR: November 5-9

By |2018-10-31T08:21:02+00:00November 9th, 2018|Blog, UBR|0 Comments

November 5, 2018 For the past few months, Utah has seen very good numbers in terms of job growth, and September was no exception. According to a report from the Department of Workforce Services, Utah's economy added more than 53,000 jobs since September of 2017. In that time, the state's nonfarm payroll employment grew by [...]

6 11, 2018

Salt Lake City Ranks #1 for Office Net Absorption Growth Among CBRE’s Tech-30

By |2018-11-11T19:05:31+00:00November 6th, 2018|Member News|0 Comments

Salt Lake City – November 06, 2018 – Buoyed by robust tech-sector employment growth, Salt Lake City ranked first for office net absorption growth (growth in occupied office space) among the 30 leading tech markets, according to CBRE’s annual Tech-30 report, which measures the tech industry’s impact on office rents in the 30 leading tech [...]

5 11, 2018

Melina Miramontes Joins CBRE’s Salt Lake City Office as an Associate

By |2018-11-05T15:52:22+00:00November 5th, 2018|Blog, Member News|0 Comments

Salt Lake City—November 05, 2018—The commercial real estate firm CBRE, Inc. announced today that Melina Miramontes has joined the Salt Lake City office as an associate specializing in the office market. Focusing on advisory and transaction services, Melina will work with the team of Scott Wilmarth, Tab Cornelison, Nadia Letey and Peter Black. Melina has [...]

24 10, 2018

Industrial Development in Salt Lake Reaches Record Levels, While Retail Leasing Surges to New High, Per CBRE’s Q3 MarketView Report

By |2018-10-25T07:46:35+00:00October 24th, 2018|Blog, Member News|0 Comments

Salt Lake City—October 24, 2018—The Salt Lake City office of CBRE has released its Q3 2018 MarketView reports; click here to download full copies of each report. Industrial Development Reaches Record Levels Salt Lake’s industrial segment continues to experience historic levels of growth and activity. With 1.1 million square feet of industrial product completed in Q3 2018, Salt Lake [...]

15 10, 2018

CBRE Secures 47,000-Square-Foot Office Lease at Traverse Ridge Center III

By |2018-10-15T15:44:23+00:00October 15th, 2018|Member News|0 Comments

Salt Lake City—October 15, 2018—The Salt Lake City office of CBRE today announced that the first and second floors of Traverse Ridge Center III have been fully leased by Spaces in a 47,000-square-foot office lease. Spaces, a pioneer in creative and flexible workspaces owned by IWG, will commence occupancy upon completion of the new office building in [...]

2 10, 2018

Tenant Demand for Office Parking to Remain Strong in Next Five Years, Despite Rise in Ride Sharing and Anticipation of Autonomous Vehicles, According to a New Survey by CBRE

By |2018-10-02T11:10:51+00:00October 2nd, 2018|Blog, Member News|0 Comments

Salt Lake City – October 2, 2018 – A new report by CBRE suggests that parking ratios in both downtown and suburban office markets around the U.S. and Canada are unlikely to see significant change in the next five years, despite increases in ride sharing and the anticipation of autonomous vehicles. CBRE surveyed a mix of office leasing professionals and office [...]

19 09, 2018

CBRE: Labor a Chief Concern for Warehouse Owners and Operators

By |2018-09-19T10:19:12+00:00September 19th, 2018|Blog, Member News|0 Comments

Amid E-Commerce Growth, Options for Warehouse Users, Developers Include Targeting Markets with Best Mix of Labor Supply, Quality and Cost Salt Lake City—September 17, 2018–-The rapid growth of e-commerce is forecast to create demand for another 452,000 warehouse and distribution workers in the U.S. this year and next, signaling an acceleration of job growth in [...]

13 09, 2018

CBRE Releases Semi-Annual Greater Salt Lake Area Multifamily Market Report

By |2018-09-13T14:10:00+00:00September 13th, 2018|Blog, Member News|0 Comments

Multifamily Market Remains Active with Sales Volume Expected to Reach $1.0 Billion by Close of 2018 Salt Lake City—September 12, 2018—The Salt Lake City office of CBRE has released its semi-annual Greater Salt Lake Area Multifamily Market Report, offering insight into the multifamily market along the Wasatch Front. This volume of the report highlights a market that [...]