Chris Falk

Commercial Real Estate Broker

The key to gaining a competitive edge for any commercial real estate portfolio, large or small, is to team up with a successful local real estate professional. Chris’ local market knowledge, combined with his national and international NGKF certification, has helped him develop valued relationships with property owners and an intimate knowledge of market major tenants, government agencies, and technical advisors. Chris assists his clients in maximizing the value of their real estate holdings through consultation, dispositions, and acquisition.

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 […]

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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 […]

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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 . […]

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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 […]

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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, […]

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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.  

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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 […]

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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 […]

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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 […]

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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, […]

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