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 [...]

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 [...]

15 04, 2019

CBRE Represents Arena Communications in New Office Lase at Sugar House’s 60 Park Ave

By |2019-04-15T14:42:02-07:00April 15th, 2019|Member News|0 Comments

Building is Part of the Premiere Mixed-Use Development Taking Place at Former Shopko Retail Site Salt Lake City—April 15, 2019—The Salt Lake office of CBRE today announced that Arena Communications has signed a new office lease at 60 Park Ave in Sugar House. Totaling 13,057 square feet, Arena Communications plans to occupy the space once the building [...]

11 04, 2019

CBRE Releases Semi-Annual Greater Salt Lake Area Multifamily Market Report, Highlighting Record-Setting Year of $1.44 Billion in Sales

By |2019-04-11T09:27:41-07:00April 11th, 2019|Member News|0 Comments

Salt Lake City—April 11, 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 through year-end 2018 and 2019 trends, the report reflects a market that is robust with record sales volume, strong year-over-year rent growth, [...]

1 04, 2019

CBRE Releases 2019 Salt Lake City Real Estate Market Outlook

By |2019-04-01T14:42:53-07:00April 1st, 2019|Member News|0 Comments

Report Highlights a Record $2.6 Billion in Investment Sales in 2018 and Provides a Look at Market Expectations for 2019 Salt Lake City—March 29, 2019—CBRE has released its annual Salt Lake City Real Estate Market Outlook report. The publication highlights the performance of the local commercial real estate market during 2018 and provides insights into expectations [...]

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. [...]

14 03, 2019

Utah CCIM Chapter Honors Top Commercial Real Estate Professionals at 2019 Excellence Awards Event

By |2019-03-14T13:19:34-07:00March 14th, 2019|Member News|0 Comments

Salt Lake City, UT–March 14, 2019–The Utah Chapter of CCIM honored finalists in 25 award categories and recognized five new and redeveloped projects at its 2019 Excellence Awards event. Held at the Grand America Hotel on Saturday, March 9th the annual awards program honored professionals within Utah’s commercial real estate industry who exemplify the highest [...]

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 [...]