Industry Related

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 […]

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 […]

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 […]

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 […]

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, […]

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 […]

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 […]

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 […]

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 assessment […]

Posted on January 28, 2019

The National Trend: Fundraising Continues and Deals Begin to Close Before December 31, 2019 Deadline to Maximize Tax Benefits Created as part of the Tax Cuts and Jobs Act of 2017, Opportunity Zones (OZs) offer tax benefits to investors beyond traditional real estate groups. Large owner-users of real estate, such as universities and well-capitalized companies, […]