4 09, 2019

Greater Salt Lake Multifamily Market Achieves Mid-Year Sales Volume of $585 Million; Vacancy Rates Remain Unchanged for Third Straight Year

By |2019-09-06T19:32:38-07:00September 4th, 2019|Member News|0 Comments

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 [...]

29 08, 2019

CBRE: Investors Can Find Industrial & Logistics Real Estate Opportunities In Markets Outside of Major Gateways

By |2019-08-29T20:09:06-07:00August 29th, 2019|Member News|0 Comments

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. [...]

29 08, 2019

Investors Can Find Industrial & Logistics Real Estate Opportunities in Markets Outside of Major Gateways

By |2019-09-06T19:50:44-07:00August 29th, 2019|Member News|0 Comments

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. [...]

27 08, 2019

CBRE Announces the Sale of The Zeller Multifamily Development

By |2019-08-27T14:44:24-07:00August 27th, 2019|Member News|0 Comments

Salt Lake City—August 27, 2019— The Salt Lake office of CBRE has announced the sale of The Zeller, a Class A, transit-oriented multifamily development located in Salt Lake City. Eli Mills and Patrick Bodnar represented the seller, a joint venture partnership between Watt Investment Partners and certain funds managed by Westport Capital Partners. Completed in 2018, The Zeller is comprised of 293 modern-style [...]

13 08, 2019

CBRE Q2 MarketView Reports Mid-Year Industrial Leasing Levels of 2.5 Million Square Feet for 3rd Consecutive Year

By |2019-08-13T08:42:41-07:00August 13th, 2019|Member News|0 Comments

Salt Lake City—August 13, 2019—CBRE has released its Q2 2019 MarketView reports for the Office and Industrial markets which show that the industrial market continues to perform at elevated levels and, although office market absorption halted this quarter, Salt Lake’s market fundamentals remain strong and are expected to rebound slightly throughout the remainder of the [...]

29 07, 2019

Pella Windows Signs 22,700 Square Foot Industrial Lease in Sandy’s New Synergy Business Park

By |2019-07-29T10:31:28-07:00July 29th, 2019|Blog, News & Press, Policy|0 Comments

Salt Lake City—July 29, 2019—The Salt Lake City office of CBRE today announced that Pella Windows has signed a 22,700-square-foot lease at Synergy Business Park, Synergy Development’s new industrial project in the heart of Sandy. This is the first lease that has been signed at the development that is currently being marketed by Jeff Richards and Tom [...]

18 07, 2019

CBRE to Jointly Oversee Leasing and Marketing for CommonGrounds’ New Salt Lake City Workplace

By |2019-07-31T14:54:23-07:00July 18th, 2019|Member News|0 Comments

Salt Lake City—July 18, 2019—The Salt Lake office of CBRE today announced that they are teaming up with CommonGrounds Workplace to market and fill their newly opened Workplace-as-a-Service and coworking location in downtown Salt Lake City. Located at 132 South State Street in the historic Orpheum Theatre, CommonGrounds has restored and repurposed the building as a flexible [...]

17 07, 2019

Salt Lake City Advances 7 Slots Landing at #15 on CBRE’s Annual ‘Scoring Tech Talent’

By |2019-07-17T15:37:16-07:00July 17th, 2019|Member News|0 Comments

Salt Lake City, UT – July 17, 2019 – Salt Lake City advanced seven slots to land at #15 on CBRE’s annual Scoring Tech Talent Report, which ranks 50 U.S. and Canadian markets according to their ability to attract and grow tech talent. Salt Lake, which includes the Provo market area, is the highest-ranking small market in the report—areas with [...]

25 06, 2019

CBRE MarketFlash: The Rise of Coworking in Salt Lake City

By |2019-07-17T15:33:38-07:00June 25th, 2019|Member News|0 Comments

Coworking is often an umbrella term used to describe a variety of innovative leasing models created to provide agile solutions to an evolving work environment. This includes more flexibility in both lease terms and square footage, as well as the option for shared amenities provided by the operator and not the individual company. More generally, [...]

17 06, 2019

Grocery Stores of Near Future Will Include Smaller Formats, Automated Checkout, Inventory-Tracking Robots, More

By |2019-06-17T10:50:34-07:00June 17th, 2019|Member News|0 Comments

CBRE Report Shows Trends In Grocery Industry Converging on Convenience for Customers, Expanding Stores’ Offerings Salt Lake City – June 17, 2019 – CBRE’s analysis of factors influencing the U.S. grocery industry points to a near-term future with a fully automated checkout process, a greater emphasis on prepared meals, a proliferation of smaller, convenience-store grocery outlets, and [...]