Investors Look for Stable Income Stream and Capital Growth in Acquisitions Salt Lake City—March 18, 2019—The search for yield in a late-cycle environment is drawing more commercial real estate investors into secondary markets and alternative assets, according to CBRE’s 2019 Americas Investor Intentions Survey. The survey, which covers all asset types, found that investor appetite for risk [...]
Continued Cap Rate Stability Expected in H1 2019, CBRE Survey Finds Salt Lake City—March 15, 2019—Strong economic growth, abundant capital, and a favorable supply and demand environment led to broadly stable capitalization rates for U.S. commercial real estate assets in the second half of 2018, according to the latest research from global property advisor CBRE. [...]
Salt Lake City – February 19, 2019 – The Staybridge Suites Lehi at Traverse Ridge Center opened its doors for service on Tuesday, February 12th. Located at the intersection of Triumph Boulevard and SR 92, the new hotel is part of the Traverse Ridge Center business park, a 22-acre development consisting of three Class A office buildings and [...]
CBRE Analysis Finds 24 Conversion Projects From California To Baltimore As Retail Closures Yield Industrial Opportunities Salt Lake City—February 11, 2019—Retail real estate left behind by the retail industry’s evolution can find new life as warehouses and e-commerce distribution centers, as shown by a new report from CBRE detailing 24 such conversion projects across the U.S. CBRE found various [...]
Salt Lake City—January 24, 2019—A CBRE analysis of recent national building sales that include flexible office space found that nearly 40 percent of these transactions achieved values greater than the average for office buildings in their market. The CBRE study also found that another 52 percent of those deals were sold at values roughly equivalent to their [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
