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2020 Year-End Utah Market Report

February 16, 2021

Friends and Clients – 2021 is officially upon us! Coastal markets’ claims that the real estate world is falling could be true for them, but not for us in Utah. I believe we’re set up to have a very bullish future. Yes, the office market is changing, but rates have held. More than half of the sublease availability has been absorbed, and the market is strengthening daily. I think we’ll see many of our coastal friends relocate to Utah shortly with the changes in politics, taxes and our business-friendly climate. The unsolicited inquiries and questions I receive weekly support such.

Below is a link to our 2020 Year-End Report covering all markets and categories. Should you have any questions, please don’t hesitate to reach out per my contact info below. Here’s to a great 2021!!!

2020 Year-End Utah Market Report

About the Author

Chris Falk SIOR, CCIM

Chris Falk is a Certified Commercial Investment Member (CCIM)—one of the most comprehensive commercial real estate designations, held by an estimated 6% of commercial brokers nationally. As a commercial real estate broker, Chris has handled over 600 transactions exceeding $475MM. Born and raised in Utah, Chris understands the unique qualities of the region and the great capacity for business opportunities in Northern Utah, including Davis, Weber and Salt Lake Counties. Chris is the premier, go-to agent for businesses and developers interested in this dynamic area.