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Utah Q3 Tech Corridor Office Snapshot

Hard to believe we’re already in the 3rd quarter of 2018.  Below you’ll find a link to our Q3 overview of the Tech Corridor office sub-market.  This is essentially Sandy to Pleasant Grove and encompasses everything in between.  The snapshot boasts a direct vacancy of less than 5% with more SF delivered and currently under construction in comparison to the same period last year.

Many were skeptical as we saw a slight dip in the 2nd half of 2017, but 2018 is proving thus far, to outperform the year prior.

As always, please don’t hesitate to reach out with any questions regarding this report.

Q3 Tech Corridor Snapshot Report

About the Author

Chris Falk SIOR, CCIM

Chris Falk is a Certified Commercial Investment Member (CCIM)—one of the most comprehensive commercial real estate designations, held by an estimated 6% of commercial brokers nationally. As a commercial real estate broker, Chris has handled over 600 transactions exceeding $475MM. Born and raised in Utah, Chris understands the unique qualities of the region and the great capacity for business opportunities in Northern Utah, including Davis, Weber and Salt Lake Counties. Chris is the premier, go-to agent for businesses and developers interested in this dynamic area.