30 03, 2021

CBRE Secures Financing for Industrial Sale Leaseback in North Salt Lake, Utah

By |2021-04-01T12:14:14-07:00March 30th, 2021|Member News|0 Comments

SALT LAKE CITY– March 30, 2021 – CBRE Capital Markets’ Debt & Structured Finance has arranged financing for the acquisition of a single-tenant industrial property located in North Salt Lake, Utah. CBRE’s Mark McGovern and Colby Matzke arranged the loan with a life insurance company on behalf of the buyer, Solana Beach, CA-based REALM, a [...]

29 03, 2021

Utah Multifamily Market Hits Sales Volume Levels of $1.63 Billion in 2020 Despite Global Economic Uncertainty

By |2021-04-01T12:22:09-07:00March 29th, 2021|Member News|0 Comments

Salt Lake City—March 29, 2021—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 2020 with a 2021 forecast, the report reflects a market that continues to experience high sales volume and further [...]

22 02, 2021

CBRE Announces Completion of Year-end 2020 MarketView Reports, Bringing Light to Real Estate Market’s Performance Throughout Covid-19 Pandemic

By |2021-03-01T22:05:42-07:00February 22nd, 2021|Member News|0 Comments

SALT LAKE CITY—February 22 2021—The Salt Lake office of CBRE has released its Q4 2020 MarketView reports; click here to download full copies of each report. Record-Breaking Construction Leads Industrial Market to Banner Year The industrial market continued to show not only resilience, but strength during the fourth quarter of 2020, adding 1.7 million square [...]

18 12, 2020

CBRE Announces the Sale of Parkway Center in West Valley City

By |2021-01-04T18:45:21-07:00December 18th, 2020|Member News|0 Comments

SALT LAKE CITY—December 18, 2020—The Salt Lake City office of CBRE has announced the sale of Parkway Center, an institutional quality office portfolio located in West Valley City, Utah. Eli Mills and Tim Richey of CBRE, along with their partners, represented the seller—a fund managed by Washington Capital—in the transaction. Parkway Center is comprised of [...]

17 07, 2020

Salt Lake City Market Holds at #15 on CBRE’s Annual ‘Scoring Tech Talent’ Report

By |2020-07-29T11:56:39-07:00July 17th, 2020|Member News|0 Comments

SLC stands out among largest North American tech-talent labor pools for its high tech-degree completions and low cost of living Salt Lake City – July 17, 2020 – For the second year in a row, Salt Lake City ranks #15 on CBRE’s Tech Talent Scorecard, part of its annual Scoring Tech Talent Report, which ranks [...]

29 06, 2020

US Office Construction Resumes After COVID-19 Shutdown

By |2020-06-29T10:10:10-07:00June 29th, 2020|Member News|0 Comments

According to Julie Whelan, Americas Head of Occupier Research: “It might be surprising to some that U.S. office construction has kicked back into full gear as various markets reopen their economies after pandemic-related shutdowns. More modern workplaces will facilitate new ways of working as companies increasingly shift to more of a hybrid workforce, which works [...]

15 04, 2020

CBRE Capital Markets Arranges $19.3 Million in Construction and Permanent Financing for Multifamily Project in Park City

By |2020-04-15T13:59:35-07:00April 15th, 2020|Member News|0 Comments

SALT LAKE CITY – April 15, 2020 – CBRE Capital Markets’ Debt & Structured Finance team has secured $19.3 million in construction and permanent financing for the development of Lincoln Station, a 76-unit mixed use community to be built in the Kimball Junction area of Park City, Utah. Mollie Means of CBRE’s Debt & Structured [...]

25 03, 2020

Impact of COVID-19 and Containment Measures on Commercial Real Estate Markets

By |2020-03-25T19:04:57-07:00March 25th, 2020|Member News|1 Comment

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 [...]

5 12, 2019

Trends Set to Influence Holiday Retail Season Include Delivery Decisions, Pop-Up Proliferation & the Gift of Resale

By |2019-12-05T13:55:56-07:00December 5th, 2019|Member News|0 Comments

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 [...]

4 11, 2019

For Second Year in a Row, Salt Lake City’s Tech Corridor Ranks #1 in U.S. for Office Net Absorption Growth on CBRE’s Annual Tech-30 Report

By |2019-11-04T12:00:41-07:00November 4th, 2019|Member News|0 Comments

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 [...]

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