Industry Related

2019 Yearend Utah Market Report

Posted on January 30, 2020

Hard to believe another year is behind us!  2020 promises to be a very interesting year with a presidential election and growing economy- many of which are suggesting is due for a slowdown… though others argue such sentiments are simply self-fulfilling prophecies. CLICK HERE FOR REPORT Either way, data never lies.  I’m happy to present […]

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Advantages and Disadvantages of the Triple Net Lease

Posted on December 16, 2019

A triple net lease, sometimes referred to as an NNN, leaves the tenant responsible for covering the majority of the property’s expenses, on top of the monthly base rent. This includes property taxes, insurance and building maintenance. While the specifics of a triple net lease will vary between properties and agreements, the tenant is typically […]

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Tech Growth and Talent

Posted on December 10, 2019

We recently completed a study of the tech talent in Utah and how the growth and direction of such is influencing Utah’s commercial real estate- especially that of the office world.  Read the report HERE Working and representing groups such as Pluralsight (Utah’s largest publicly-traded company), Boeing, Purple Mattress and other groups that are right in […]

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Q3 2019 National Market Reports

Posted on October 21, 2019

Newmark has just published our National Market Reports for Q3.  Below I’ve provided a quick overview as well as a link to both the office and industrial reports. Next week I’ll provide our local Q3 reports for the state of Utah. Office Market click here: The U.S. office market tightened during the third quarter of […]

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Seven Common Commercial Real Estate Terms

Posted on October 17, 2019

From a business owner looking to purchase a building to someone who has come across some extra money and is looking for an investment, seven terms are especially important to understand when considering entering the world of commercial real estate. These terms are common in conversation, blog articles and in contracts, which can be long, […]

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Shared Office Space: What It Is, the Whys and Why Nots

Posted on September 30, 2019

Shared office spaces provide a myriad of services for startups, entrepreneurs, freelancers, small businesses and the like. From collaborative workspaces to virtual offices, these innovative and functional arrangements offer both benefits and disadvantages. But before getting to the whys and why nots, we should explain exactly what characterizes shared office space, as it’s more complicated […]

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Three Types of Commercial Real Estate Leases

Posted on July 29, 2019

Commercial real estate leases come in different shapes and sizes. It’s crucial for a tenant to understand the costs included in a contract and what expenses are not covered. Why? Because some common leases exclude certain expenses. These expenditures can be wide-ranging—from property insurance to janitorial services, and beyond. So, the total cost of renting […]

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The Seven Types of Commercial Real Estate

Posted on June 26, 2019

WHAT IS COMMERCIAL REAL ESTATE? You probably have a good idea of what defines commercial real estate (CRE)—it’s real estate used for commercial purposes, right? The official definition of CRE is any property used for business purposes or to provide a workspace rather than a living space. Put simply, CRE is any property held to […]

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The Benefits of Mixed-Use Developments

Posted on May 15, 2019

What are mixed-use developments? Mixed-use developments integrate residential, commercial and industrial real estate into a single, compact site. Here, residents can walk to work, markets, restaurants and entertainment. Mixed-use developments saw their heyday in the U.S. prior to World War II. But then, along came America’s love affair with the automobile and larger, affordable housing […]

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How Much Office Space Do You Really Need?

Posted on March 20, 2019

When it comes to leasing office space for your business, making all the right decisions can be tough. One of the most common questions comes down to the size and space you need to adequately plan for current employees and future growth. Where Do I Start?   The first step is to make an initial […]

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