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 [...]

24 01, 2019

Steve Clayton Joins Holland & Hart’s Salt Lake City Office Broadening Real Estate Practice

By |2019-01-24T11:09:27-07:00January 24th, 2019|Member News|0 Comments

Holland & Hart announced the addition of Steve Clayton to the firm’s Salt Lake City office. He broadens Holland & Hart’s Real Estate Development practice bringing a valuable client-focused perspective from 12 years of in-house counsel helping a nascent real estate company grow into a private REIT. Steve services real estate owners, developers, and managers with a [...]

14 01, 2019

Utah CCIM 2019 Excellence Awards Announces Five “Developments of the Year”

By |2019-01-14T09:29:47-07:00January 14th, 2019|Blog, Member News|0 Comments

Salt Lake City, UT–January 14, 2019–The Utah Chapter of CCIM today announced its five ‘Developments of the Year,’ which include one redeveloped property and four newly constructed projects. The developments cover five commercial real estate specialty categories: office, retail, specialty, industrial and multifamily. The winners for 2019 are: Retail Redevelopment: The Gateway, by Vestar Office [...]

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 [...]

15 10, 2018

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

By |2018-10-15T15:44:23-07:00October 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 [...]

30 08, 2018

Wealth of Capital Chasing Real Estate Assets and Strong Economic Growth Keep Cap Rates Stable in H1 2018

By |2018-08-30T14:35:03-07:00August 30th, 2018|Blog, Member News|0 Comments

Continued Cap Rate Stability Expected in H2 2018, CBRE Survey Finds Industrial and Logistics Sector Remains ‘Blisteringly Hot’ Salt Lake City—August 30, 2018—A wall of domestic and global capital, above-trend economic growth, and a continued low interest rate environment led to broadly stable capitalization rates for U.S. commercial real estate assets in the first half of [...]

31 07, 2018

Salt Lake’s Industrial Segment Continues to Reach New Heights, Per CBRE’s Q2 MarketView Report

By |2018-07-31T15:54:25-07:00July 31st, 2018|Blog, Member News, Policy|0 Comments

Salt Lake City—July 31, 2018—The Salt Lake City office of CBRE has released its Q2 2018 MarketView reports; click here to download full copies of each report. Speculative Industrial Construction Reaches Highest Point in the Current Cycle 2.4 million square feet of new industrial construction completed during Q2 2018, 63 percent of which was speculative (spec.) space, meaning that [...]

17 05, 2018

CBRE Research Finds Restaurants, Coffee Shops Expanding Their Lead in International Retail Expansion

By |2018-05-17T12:22:59-07:00May 17th, 2018|Blog, Member News, Policy|0 Comments

CBRE’s Annual Survey Ranks Toronto as Most Popular North American Market for Debuts of International Retailers; Hong Kong Is Top Destination Globally Salt Lake City – May 17, 2018 – Restaurants and coffee-shop chains increased their lead as the most active retail category for international expansion, capitalizing on a global effort by landlords to make [...]