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Friends-
Pretty wild that we’re halfway through the summer- on the downhill slope of getting back to school even. Our market here in Utah continues to improve and many other markets are following Utah’s example of “getting back to the office” sooner-than-later. Below is a link that references JP Morgan’s directive to do so, with Goldman Sachs and others doing the same. I regularly answer questions of office vacancy and the perceived work-from-home shift… and let me tell you, perception is not currently reality. Most companies want their employees back and most company polls show their employees want to return as well. Utah’s office market (and other commercial sectors) are doing very well and I’m bullish on Utah in comparison to other states for the future.
JP Morgan Brining Back Office Workers Regardless of Vaccine Status
At the bottom of the email is a link to our Q2 2021 SLC Office Market report… should you desire some light reading.
Enjoy July. Enjoy the summer. And as always, should you need any assistance or have questions about the market or your assets in general, please don’t hesitate to reach out.
Regards,
Chris Falk SIOR, CCIM
Executive Managing Director
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.
