Industry Related

Climbing a Wall of Worry…

Posted on April 21, 2016

The US office market climbed a wall of worry in the first quarter of 2016, racking up solid—though not spectacular—gains despite sagging corporate profits and the shaky global economy. Tenants absorbed 6.5 million square feet, about one-third of the 18.0 million-square-foot average in each of the prior two quarters. The market was slow to take […]


2015 Proved to be Banner Year for Commercial Real Estate

Posted on April 5, 2016

According to the NAIP, a Commercial Real Estate Development Association, 2015 represented another impressive year for commercial real estate in Utah with investments reaching more than $1.8 billion for the year. The hot commercial real estate climate is nothing new to local agents who have seen the industry climb year to year for the past […]


2015 Yearend Report

Posted on January 22, 2016

We just released our 2015 Market Report on corporate real estate.  This provides a great overview of the state, each submarket, and product type (office, retail, industrial, investment, etc.) as well.  This should give tenants, owners, and developers alike a great glimpse into the commercial markets of Utah and the strength thereof.  Should any questions […]


4Q15 Capital Market Report

Posted on January 19, 2016

With the hike -though subtle-  in interest rates, many owners of commercial and corporate real estate and investors alike are curious to what the future holds. Locally, the local Northern Utah Markets (Salt Lake City, Bountiful, Centerville, Kaysville, Layton, Ogden, etc.) continue to strengthen as housing pushes forward and demand increases.  Statistics for Utah, and nationally, […]


2016 Entrepreneur of the Year is… a Northern Utah Tech guy…

Posted on January 14, 2016

Pretty big deal when a CEO (Aaron Skonnard) of a tech company (Pluralsight) based in Davis County gets these kinds of accolades.  Props to Aaron and everyone @ Pluralsight.  What a great company.  Their desire to create office space that is second-to-none has provided them with a powerful marketing and talent retention tool. They seemingly […]


A Lot to Be Thankful For

Posted on November 23, 2015

Here’s a perspective look on where we’re at, where we’re going, and why we can be thankful this time of year… The price of a Thanksgiving dinner for 10 increased by a meager 1.4% this holiday season compared with last year, according to the American Farm Bureau Federation. Farmers have done better with their real […]


Q3 Market Report for Utah CRE

Posted on November 5, 2015

Office space in Utah continues to show strong growth.  We recently published our NGA Q3 Market Report.  It’s hard to fathom, but vacancy in Salt Lake City has dipped below 5% in the Class A office markets- and below 10% in the Class B world.  A simple translation would suggest that tenants looking for certain […]


Office Space: How Open is Too Open???

Posted on October 30, 2015

I hear this all the time… “What should my concerns about ‘open’ office space?”  Or, “…is this design too ‘open’ and should I be worried about privacy?  Where is the happy medium and what have you seen done Chris?” Great questions… and this seems to be the question that is on the precipice of many […]


Office Demand Around to Stay?

Posted on October 26, 2015

A recent article published by National Real Estate Investor magazine suggests that the “tight” office conditions in many markets should be around to stay.  Office space in Ogden and surrounding Davis and Weber Counties, and Northern Utah in general, with the lack of new product should propel us to what would generally be considered a “Landlord’s” market […]


Forbes Ranks Utah #1 For Business

Posted on October 23, 2015

Forbes Magazine has put Utah among the elite- or rather ATOP THE ELITE.  The magazine has ranked Utah #1 in Best States for Business which is a HUGE nod as Utah continue to impress.  All submarkets of Utah’s commercial real estate certainly play an active role in this, as does the overall real estate market in […]