2015 Q1 MarketBeat Utah Investment Snapshot: Another Strong Year Expected, Demand for Investment Product Remains High


  • Total sales volume for first quarter is second only to last year’s historic start
  • With the highest number of first quarter transactions since 2006, demand for investment product remains high
  • Weighted-average cap rates on core property types (apartments, industrial, office and retail), remain at near-historic lows of 7.02%
  • With a record eight properties exchanging at above $50 million last year, fewer trophy assets have been available, causing a decline in average sales price
  • Another strong year is expected, with cap rates steadily compressing, demand for product will continue to outpace supply in the market

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