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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 […]
morePosted 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 […]
morePosted 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 […]
morePosted 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 […]
morePosted 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 […]
morePosted 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 […]
morePosted on April 10, 2015
The Gradual Incline This is NGKF’s most recent construction update regarding office space. I think it provides great insight as to what we’re not only seeing here in Utah, but across the nation. Enjoy! Construction activity is ramping up across all product types; however, with the exception of apartments, the rate of increase has been […]
morePosted on April 10, 2015
Newmark Grubb ACRES is pleased to announce the lease of 21,538 square feet of office space located in the Gateway Tech Center at 155 North 400 West, Salt Lake City, Utah. Chris Falk of Newmark Grubb ACRES represented the lessee, Spring Mobile, in this transaction. The lessor, KBSIII, was represented by CBRE’s Nadia Letey. Spring […]
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