Salt Lake City
California Market Values Flatline Against Backdrop of U.S. Rent Growth Acceleration
U.S. rent values continued their growth streak, accelerating for the ninth-straight month, according to the June Zillow Real Estate Market… Read more
U.S. Office Vacancy Decreased in Q2 2019
The latest research from Los Angeles-based CBRE shows show the U.S. office vacancy rate decreased during Q2 2019, by 10… Read more
Bridge Investment Deploys $500M in O-Zone Strategy
Bridge Investment Group said it has invested $509 million across its Opportunity Zone Strategy. “Our team has deployed capital in… Read more
Hines Focuses Co-work Space Operations Increase
Hines is increasing its focus on co-working space in its properties. The Houston-based commercial real estate owner and developer recently… Read more
KBS REIT III in $1.2B Office Sale to Newly-Formed Singapore REIT
(This article has been updated with new information.) KBS Real Estate Investment Trust III has agreed to sell an 11-property… Read more
Nexus Signs 36K-SF BTS lease in Schertz
Nexus inked a 36,450-square-foot build-to-suit lease with CCD Enterprise Acquisition to take space at 5600 Schertz Pkwy. in Schertz, TX,… Read more
CRE Green Lease Leaders Unveiled by IMT, DOE Better Buildings Alliance
The Institute for Market Transformation (IMT) and the U.S. Department of Energy’s (DOE) Better Buildings Alliance revealed the 2019 Green… Read more
Connect Apartments 2019: Healthy Outlook for the Multifamily Sector
By Ben Johnson Connect Apartments 2019 kicked off with a bang last week, as Michael Cohen, vice president advisory services… Read more
NKF Acquires ACRES of Utah
NKF, a subsidiary of the Newmark Group Inc., acquired ACRES, a full-service, commercial real estate services company, headquartered in Salt… Read more
Vestar, Oaktree Secure $97M Refi for SLC MXU
A partnership between Phoenix-based Vestar and funds managed by Oaktree Capital Management L.P. received $96.9 million to refinance The Gateway,… Read more
Where are Best Places to Get a Summer Job?
This summer’s job market is likely going to be challenged by the tight U.S. labor market. The national unemployment rate… Read more
Oakwood, WaterWalk Form Hospitality Brand Partnership
Phoenix-based Oakwood formed a partnership with Wichita, KS-based WaterWalk International to create a new hospitality brand, Oakwood WaterWalk. The purpose-built… Read more
CommonGrounds Claims First Atlanta Space
CommonGrounds Workplace signed a 13-year lease for 49,506 square feet at Franklin Street Properties Corp.’s 999 Peachtree Street Northeast in… Read more
CushWake Report: Tech Occupiers Cement Position in U.S. Leasing Market
Tech companies aren’t just invading our iPhones, they’re invading our real estate as well. In 2018, the technology sector in… Read more
CIM Sells 430K-SF Utah Retail Center
The Family Center at Riverdale, a 427,828-square-foot shopping center in Riverdale, UT, has traded hands for $48.2 million. The buyer… Read more
Hines Buys 50 Acres, Plans First SLC Development
Houston-based Hines acquired a 49.5-acre acre property in West Valley City, UT, just outside of Salt Lake City, where it… Read more
Amherst Residential Pays $404M for SFR Portfolio
Amherst Residential LLC of Austin closed on the purchase of 2,400 single-family rental properties, over several transactions valued at $404.1… Read more
Appetite for Food Halls Fuels Retail Sector
By Dennis Kaiser A recently-redeveloped retail center and curated market food hall is up for sale in Irvine, CA. The… Read more
NKF Handles Sorrento Valley Office Campus Deal
Cornerstone Plaza, a two-building multi-tenant office campus totaling 97,316 square feet in the heart of San Diego’s Sorrento Mesa submarket,… Read more