Industry Related

How Do Commercial Real Estate Loans Work?

Posted on October 8, 2021

Whether you’re ready to expand your current business operations, move locations or simply renovate the building you already occupy, finding the correct financing is essential. As a small business owner, you know how important it is to be financially smart, especially when it comes to debt. That’s why commercial real estate loans are the best […]

more

Utah’s Economic Resilience

Posted on September 29, 2021

Friends and Clients: As we continue to push forward and put the last year behind us, I think it’s important to take the time to recognize, and be grateful for, the great state in which we live… or do business… or own real estate 😊!  Below is a report that outlines how well Utah has […]

more

2Q21 Newmark Salt Lake Office Report

Posted on July 19, 2021

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 […]

more

How to Find Office Space to Lease

Posted on July 5, 2021

If you’re ready to lease office space for your business, you may be feeling overwhelmed. After all, commercial real estate (CRE) is quite a bit different than residential, so you’re probably not as familiar with finding and leasing commercial workspace. And unlike residential real estate, there is not an MLS for all of the commercial […]

more

Quit-Rate Increase… Positive or Negative?

Posted on June 18, 2021

Friends and Clients- While there are still 7.9M more unemployed people today in the US than before the pandemic (Feb 2020), office-using employment accounts for only 974,000, or roughly 12% of this deficit.  Most of the employment growth ahead will be from the hard-hit, but rapidly rebounding, service sectors.  We are expecting robust expansion across […]

more

What is a Letter of Intent in Commercial Real Estate?

Posted on March 25, 2021

The commercial real estate (CRE) world is full of intimidating and confusing terms and their similarly perplexing acronyms. From NOI and EBIT to USF and RSF, the industry jargon is enough to make your head spin. But there’s one term and acronym that’s truly important to understand: letter of intent (LOI). What is a Letter […]

more

2020 Year-End Utah Market Report

Posted on 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 […]

more

What is a Vanilla Shell?

Posted on December 23, 2020

In the market to buy or lease a commercial real estate (CRE) property? You’ll want to acquaint yourself with one important, common term: ‘vanilla shell.’  What is a Vanilla Shell? It may sound like a delicious confectionary, but vanilla shell refers to how a CRE property is delivered to the tenant. These properties, sometimes also […]

more

How is Commercial Rent Calculated?

Posted on October 27, 2020

Has your small business outgrown the basement? Are you ready to expand into a commercial real estate (CRE) property? Whether you’re a new hopeful or a seasoned entrepreneur, securing a new location for your company is an exciting experience. But understanding the common ways CRE rent is calculated is important to protect your future profitability […]

more

What Makes a Good Commercial Real Estate Broker?

Posted on August 28, 2020

It goes without saying, but successful commercial real estate (CRE) brokers possess a particular set of skills, knowledge, experience and expertise. It’s a body of knowledge that differs significantly from that of qualified residential real estate agents. Navigating the CRE market is not for the inexperienced. So, if you’re looking at buying, selling or leasing […]

more