2015 Q1 MarketBeat Salt Lake City Retail Snapshot: Grocery Market Continues to be a Hot-Spot

SLC_retailThe retail market showed its strength as 162,003 square feet of space was absorbed during Q1 2015. This strong absorption pushed the overall vacancy rate down by 0.5 percentage point on a year-over-year basis to just 6.6%. During this same period, the average asking lease rates increased by 1.7% to $19.02 per square foot NNN.

Read the entire report

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>