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Tag Archives: utah real estate markets

Understanding Types of Commercial Leases

Posted on April 19, 2023

So, you’re ready to take the next step and move your business out of the basement and into a professional office—but what happens next? Acquiring professional space for business purposes is oftentimes a point of confusion when it comes to understanding the required lease agreements. It’s time to dispel the notion that commercial lease agreements […]

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The Sublease Conundrum

Posted on May 4, 2020

As office tenants assess the financial implications of COVID-19 on their businesses, many will be making decisions about whether to return space to the market, and if so, how much. Considering the economic challenges, including job losses, wrought by the coronavirus, it may seem likely that the amount of sublease space on the market will […]

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COVID and its effect on commercial RE

Posted on March 24, 2020

Friends and Clients- What a wild time we’re currently experiencing.  The human toll of COVID-19 and the spread of the coronavirus is the world’s greatest concern today.  As we at Newmark Knight Frank isolate ourselves physically and care for our families, we remain committed to providing not only with the latest market information but also […]

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2019 Yearend Utah Market Report

Posted on January 30, 2020

Hard to believe another year is behind us!  2020 promises to be a very interesting year with a presidential election and growing economy- many of which are suggesting is due for a slowdown… though others argue such sentiments are simply self-fulfilling prophecies. CLICK HERE FOR REPORT Either way, data never lies.  I’m happy to present […]

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How Much Office Space Do You Really Need?

Posted on March 20, 2019

When it comes to leasing office space for your business, making all the right decisions can be tough. One of the most common questions comes down to the size and space you need to adequately plan for current employees and future growth. Where Do I Start? The first step is to make an initial assessment […]

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What is a Commercial Real Estate Agent?

Posted on December 26, 2018

Commercial real estate agents are licensed individuals who help their clients buy, sell or lease properties that are intended for business purposes. These agents have the option to work for themselves, another commercial broker or for a full real estate services firm. A commercial real estate agent takes leadership and provides guidance in helping clients […]

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CENTERVILLE 111 OFFICE 111 South Frontage Road, Centerville, Utah 84014

Posted on December 17, 2018

  $24.95 PSF FULL SERVICE PROPERTY FEATURES • 2,500 – 5,537 SF Available • Excellent I-15 Access • Incredible I-15 Visibility – 154,000 AADT on I-15 • Full Floor, Top Floor Availability • Crown and Monument Signage Available • Aggressive Improvement Package • 5:1,000 Parking Ratio • Test Fit Space Plans Available • Adjacent to Centerville’s Amenity […]

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BOUNTIFUL CLEARWATER CENTER 801 North 500 West, Bountiful, Utah 84087

Posted on December 17, 2018

BOUNTIFUL CLEARWATER CENTER PROPERTY FEATURES  Only Full-Floor Option In South Davis County 3,025 – 18,003 SF Available 4,921 SF Sublease Available ($18.50 PSF Full Service)  LED: 2/29/2020  FF&E Negotiable  Top Floor Opportunity Direct I-15 Visibility Crown Signage Available for Full-Floor Tenant Ample Parking 5:1,000 Immediate Access to I-15   For more information about this offering, […]

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Opportunity Zones- Overview and Info

Posted on November 13, 2018

Many have reached out asking about Opportunity Zones… what they are; how they work; where they’re located; how they’re identified, etc.  The the government is still working through many of the details regarding this act (as it was only passed late 2017) and still has much clarification that needs to be provided. However, although It’s […]

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Utah Q3 Tech Corridor Office Snapshot

Posted on November 10, 2018

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 […]

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