Industry Related

Trump and Commercial Real Estate In Utah

Posted on November 11, 2016

In the days following the election, many clients and friends have reached out wondering  how President-elect Trump would affect real estate, specifically commercial real estate (CRE) in Salt Lake, Davis/Weber Counties, and Utah as a whole.  While that’s a very broad question, I’d imagine the simple answer would be that commercial real estate markets will […]


The Rise of Mixed-Use Development Properties

Posted on September 12, 2016

Mixed-use development is a type of urban development that blends residential, commercial, cultural, institutional or industrial uses, where those functions are physically and functionally integrated. With industrialization, governmental zoning regulations were introduced to separate different functions, such as manufacturing, from residential areas. However, since the 1990s, mixed-use zoning has once again become desirable. Some of […]


Modern, Emerging Trends In Commercial Office Space

Posted on August 30, 2016

In the past, commercial office space has often followed a predictable, conservative layout. Oftentimes, private offices sat around the exterior of the floor plan, while all the juniors and amenities spaces were clustered towards the middle. However, many changes taking place in the industry are changing the way office buildings are designed, built and function. “Millennials […]



Posted on July 27, 2016

It’s hard to believe that we’re already halfway through the better part of 2016, but here we are.  Below is a link I’ve provided for the 2016 Newmark Grubb ACRES Midyear Market Report. All sectors (office, industrial, land, investment, retail) of the commercial real estate markets for the state of Utah are outlined herein. Geographically, this […]


Tech Trend – Companies Moving Into Davis County

Posted on July 7, 2016

Nearly two years ago, in August of 2014, Pluralsight relocated to Farmington’s new Station Park, leasing nearly 30,000 square feet of prime office space. Chris Falk, then Vice President of Newmark Grubb Acres, was instrumental in locating an ideal office space for the world leader in professional online tech training. “This is the first really […]


Office Space- Efficient vs Expensive? Productive vs Price?

Posted on June 30, 2016

Julie Berreth with Architectural Nexus wrote the below article in the May 23 issue of The Enterprise.  We’re seeing more and more groups (not just “millennial tech companies”) spend a lot of time and money in designing office space that creates value.  As Utah’s commercial real estate continues to grow, you’ll likely see more and […]


Office Space: Lease vs. Buy

Posted on June 10, 2016

Small businesses grow in stages. What was appropriate office space for a company’s first growth phase may not be suitable for a growing team of 50 employees. Eventually, many businesses reach a point when they become curious as to whether it would be beneficial for them to purchase office space rather than continue to lease . […]


Commercial Real Estate Remains a Strong Investment Option for Utahn’s as Growth Continues in 2016

Posted on May 24, 2016

After record success in 2015, the commercial real estate market in Utah has continued to enjoy success during the first quarter of 2016. The state’s real estate’s retail sector is doing well as asking rates on shopping spaces ­— fueled by demand from home-grown and national chains of retailers, grocers and restaurants seeking to expand […]


Profit and Jobs: The Chicken and the Egg

Posted on May 19, 2016

It’s a truism in the real estate world that job growth leads demand for space, as measured by leasing activity and absorption. This raises the question of what indicator leads job growth, and the answer is corporate profits. If a company isn’t profitable, it’s less likely to add staff except under special circumstances, for example, […]


Newmark Grubb ACRES 2016 Q1 Market Reports

Posted on April 29, 2016

The latest Newmark Grubb ACRES market update is now available.  These reports give a great overview of all commercial real estate sectors in Utah (office, retail, industrial, investment, etc.).  To view the reports, please  click here.  Certainly feel free to reach out as well should you have any questions regarding the report in general.