18 03, 2019

Secondary Markets and Alternative Assets Favored by Real Estate Investors in 2019, CBRE Survey Finds

By |2019-03-18T08:33:43-07:00March 18th, 2019|Member News|0 Comments

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 [...]

15 03, 2019

Economic Growth, Abundant Capital and Favorable Supply-Demand Dynamics Keep Cap Rates Stable, According to CBRE

By |2019-03-15T08:48:25-07:00March 15th, 2019|Member News|0 Comments

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. [...]

19 02, 2019

Staybridge Suites Hotel Opens at Traverse Ridge Center in Lehi

By |2019-02-19T13:57:44-07:00February 19th, 2019|Member News|0 Comments

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 [...]

11 02, 2019

Once Implausible, Conversions Of Retail Real Estate To Warehouses Emerging Across US

By |2019-02-11T09:16:17-07:00February 11th, 2019|Member News|0 Comments

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 [...]

24 01, 2019

CBRE Analysis: Properties with Flexible Office Space Can Outperform

By |2019-01-24T11:11:18-07:00January 24th, 2019|Member News|0 Comments

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 [...]

20 12, 2018

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

By |2018-12-20T09:55:36-07:00December 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 |2018-11-13T11:22:50-07:00November 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 |2018-10-31T08:21:02-07:00November 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 |2018-11-11T19:05:31-07:00November 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 |2018-11-05T15:52:22-07:00November 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 [...]