Archive for the ‘UTAH INDUSTRY NEWS’ Category:

Third Quarter 2012 Utah State Commercial Real Estate Market Reports

Third Quarter 2012 Utah State Commercial Real Estate Market Reports
SALT LAKE CITY INDUSTRIAL REPORT: The overall vacancy rate, now sitting at 9.41% has increased slightly from third quarter 2011. Read the Salt Lake City Industrial Report

SALT LAKE CITY OFFICE REPORT: The overall direct combined vacancy rate for all property classes in the Salt Lake City Metro Office Market ended the thrid quarter at 14.8%, a slight decrease of one tenth of a percentage point from mid-year 2012, but an increase of almost one percentage point from year0end 2011. Read the Salt Lake City Office Report

SALT LAKE CITY INVESTMENT REPORT: The fundamentals of the local economy continue to remain strong which positions Utah as a regional appeal to outside investors. Read the Salt Lake City Investment Report

UTAH COUNTY REGIONAL REPORT: Class A vacancy rates continue to decline. Industrial vacancy rates hve dipped as low as 3% in some areas of the country. Retail vacancy has declined by about 1% overall with rates remaining stable.Read the Utah County Regional Report

Can transit-oriented development work along Wasatch Front? Great Recession likely to blame for lack of success at some sites.


By: Jared Page

Sunday, April 10, 2011

SANDY — A large wooden sign advertising one-, two- and three-bedroom lofts, condos and townhomes used to face the parking lot at Sandy Civic Center station.

It greeted commuters each morning as they parked their cars and boarded TRAX trains headed for Salt Lake City. When the workday was done and commuters returned to their cars, that same sign informed them, “You could be home now.”

Today, that sign is gone, along with possibility that Belmont Station will ever be home to anyone other than rodents, spiders and insects. The partially completed project was abandoned about three years ago when the developer’s financing fell through.

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Commercial Real Estate panel discussion at UT Gov’s Econ Summit. Commerce’s John Taylor Q&A on CRE market, lending, and rates.

Commerce's John Taylor Q&A on CRE market, lending, and ratesAlong with Linda Wardell, City Creek Retail Center, Bruce Bingham, Hamilton Partners, and Scott Wilmarth, CB Richard Ellis, John Taylor, Director of Corporate Services for Commerce recently participated in a commercial real estate panel discussion at the Utah Governor’s Economic Summit.

23 Salt Lake City, Utah third best city for finding jobs

Salt Lake Tribune

By: Mike Gorrell

March 22, 2011

Among U.S. cities with the “fullest employment,” Salt Lake City offers the third best opportunity for finding a job, according to

The online business magazine based that ranking on research done by recruitment firm Ajilon Professional Staffing, which examined a number of factors for major cities with relatively low unemployment levels. Factors include a diversity of industries, cost of living, range in size of companies offering employment and residents’ level of education.

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