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 [...]

14 10, 2019

CBRE Selected to List 169,000-Square-Foot Murray Office Building for Sale or Lease

By |2019-10-14T10:47:34-07:00October 14th, 2019|Member News|0 Comments

Salt Lake City—October 14, 2019—The Salt Lake City office of CBRE today announced that it has been selected to list 169,000 square feet of office space in Murray, Utah. The building is being offered for sale or lease by office specialists Scott Wilmarth, Tab Cornelison and Peter Black on behalf of the client, Schoolhouse Galleria. [...]

19 09, 2019

CBRE Analysis: Salt Lake City Fastest-Growing Flexible Office Space Market in U.S.

By |2019-10-03T22:19:54-07:00September 19th, 2019|Member News|0 Comments

Flexible Office Space Sector Poised for Significant Growth in the U.S. Salt Lake City—September 19, 2019—Salt Lake City is the fastest-growing flexible office space market in the U.S., according to a new report from CBRE. The market’s flexible-space inventory grew to 772,000 sq. ft. by the end of Q2 2019, an increase of 350,000 sq. [...]

18 09, 2019

NGA Represents Sale and Lease of Over 50,000 SF of Industrial/Office Space in Utah County

By |2019-10-28T08:35:35-07:00September 18th, 2019|Member News|0 Comments

Salt Lake City, UT (September 18, 2019) — Newmark Grubb ACRES (NGA) announces over 50,000 square feet of combined industrial/office leases and sales in the Utah County submarket within the last month. The transactions include nearly 33,000 square feet of leasing at Mountain Tech South I in Lindon, Utah — 10,608 square feet to Elevate [...]

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. [...]