Commercial Real Estate Report - Salt Lake City, UT [Office]

Property Type

View market and submarket information on Office space in Salt Lake City, Utah. Our detailed reports provide commercial real estate information like commercial property rates, commercial vacancy rates, asking rents, current inventory, lease terms, employment data and more in Salt Lake City, Utah.

Boundaries

Display:
Recent Sales New Construction Highlight Submarkets

Latest Quarterly Reports (Q1 2013)

Salt Lake City, UT - Entire Metro
Submarkets
West/Northwest -290 bps
Midvale/Murray -210 bps
Periphery -120 bps
Millcreek -120 bps
S Salt Lake City -50 bps
Ogden/Weber Co -30 bps
Davis Co 20 bps
CBD 60 bps
Southeast Valley 260 bps
 

Recent Sales

Cap Rate Trend

Sales Trend

Q1
2013
Q4
2012
Q3
2012
Q2
2012
Mean -- -- -- --
Median -- -- -- --
12 Month Rolling -- -- -- --



No Data Available

Commercial Real Estate News

Recent Rent Observations

Location ID Class Rent
Ogden/Weber Co 72410 BC $19
Davis Co 05120 BC $19
Millcreek 89350 BC $19
Midvale/Murray 68490 A $30
Davis Co 18710 BC $19
Midvale/Murray 55400 BC $22
CBD 04391 BC $17
CBD 03961 BC $18
Millcreek 03010 A $20
Periphery 64660 A $24

Change From Previous Quarter

Market Rent Vac Inv
Salt Lake City 0.0% 0 bps 0.9%
West Region 0.0% -10 bps -0.1%
United States 0.0% 0 bps -0.0%

Metro vs. Region 0.0% 10 bps 0.0%
Metro vs. US 0.0% 0 bps 0.0%

Latest New Construction Updates

Location Size
Southeast Valley 0 - 140,000
CBD 140,000 - 260,000
West/Northwest 0 - 140,000
Southeast Valley 0 - 140,000
S Salt Lake City 0 - 140,000
West/Northwest 0 - 140,000
Southeast Valley 0 - 140,000
Southeast Valley 0 - 140,000
Southeast Valley 0 - 140,000
Periphery 0 - 140,000
View all Construction Projects

National Office Real Estate Trends

Vacancy Trends
Supply and Demand
Inventory Change
Inventory Change

Metropolitan Office Rankings (Q1 2013)

Based on 190 U.S. Markets
Value:
104. Boise, ID 17.4%
105. Redding, CA 17.4%
106. Atlantic-Cape May, NJ 17.5%
107. Charlotte, NC 17.5%
108. New Haven, CT 17.5%
109. Salt Lake City, UT 17.5%
110. Orange County, CA 17.7%
111. Minneapolis, MN 17.8%
112. College Station-Bryan, TX 17.9%
113. Columbus, OH 18.0%
114. Denver, CO 18.0%

Avg Annual Growth Rate (2013 - 2017)

Market Rent Vac Inv
Salt Lake City 1.4% 1,796 bps 1.1%
West Region 0.3% 1,778 bps 0.6%
United States 0.6% 1,704 bps 0.9%

Metro vs. Region 1.1% 18 bps 0.5%
Metro vs. US 0.7% 91 bps 0.1%