Salt Lake City
U.S. Retail Sector Continues to Weaken, E-Commerce Increases Market Share, Drags Down Fundamentals
Ten-X Commercial released its latest U.S. Retail Market Outlook, including the top five ‘Buy’ and ‘Sell’ markets for retail real… Read more
Las Vegas MF Goes for $31M
Desert Ridge Apartments, a multifamily garden-style property in Las Vegas, has been sold for $30.75 million. Truckee, CA-based OpenPath Investments,… Read more
How Millennials Drive Tomorrow’s Real Estate Trends
As Millennials in the U.S. settle into their 20s and 30s, affordable mid-sized tech hub cities, select city-center neighborhoods and… Read more
Colliers Adds to Platform with Coldwell Banker Commercial Advisors Deal
The operations of Coldwell Banker Commercial Advisors have been acquired by Colliers International and First Capital in two separate transactions.… Read more
Salt Lake City-Area Retail Center Trades for $142M
A majority of The Shops at Fort Union in Midvale, UT, a submarket near Salt Lake City, has sold for… Read more
IRR: Multifamily Transactions Down, Market Rents to Increase in ‘18
When it comes to multifamily across the United States, the majority of markets seem to be in the expansion phase.… Read more
Kennedy Wilson Snags Salt Lake City MF’s for $93M
Beverly Hills, CA-based Kennedy Wilson acquired a pair of multifamily properties in Salt Lake City for a combined off-market deal… Read more
$1B Electric Semi-Truck Plant, 2,000 Jobs Coming to Arizona
Nikola Motor Co. plans to build a $1-billion manufacturing plant and relocate its R&D, as well as company headquarters to… Read more
Kiln Fires Up New SLC Coworking Site
Kiln, Utah’s newest coworking company, is taking space this summer at Vestar’s The Gateway in Salt Lake City. The location… Read more
CBRE Report: U.S. Office Vacancy Ticks Up
Vacant office space in the U.S. increased slightly by 10 basis points (bps) during Q4 2017 to 13%, according to… Read more
NKF Handles Off-Market Sale of SLC Industrial Facility
NKF Capital Markets completed the $37.2-million sale of a two-building, 426,866-square-foot industrial property in Salt Lake City. Located at 3845-3907… Read more
Howard Hughes Unloads Non-Core Assets, Collects $89M
Howard Hughes Corp., headquartered in Dallas, sold off what it called “several non-core assets” in Alabama, California, Florida and Utah,… Read more
Tyler Ellinger Joins SIG’s Local Office
Sands Investment Group (SIG) has hired net lease advisor Tyler Ellinger to its Austin office from Marcus & Millichap Inc.’s… Read more
Medical Innovator Taking 100K SF at Vestar SLC MXU
Recursion Pharmaceuticals plans to move its headquarters to The Gateway, Vestar’s 620,000-square-foot mixed-use shopping, dining and entertainment destination in Salt… Read more
Co-work for Professionals: Firmspace Launches Flagship Locale
Firmspace, which offers co-working space for established professionals, has opened its first, and flagship location in Austin. The company, which… Read more
Utah Investor Enters Florida Market with 312-Unit Buy
Millburn & Co. made its first move into Florida, acquiring Alta at Eastmar Commons, a 312-unit, high-end apartment complex in… Read more
Bridge Buys 243K-SF Office from Arden Group
Bridge Office Fund Manager LLC, an affiliate of Bridge Investment Group LLC, acquired the 243,109-square-foot Tower 1320, a 10-story, Class… Read more
Arch Street Divests SLC FBI Facility to DC-Investor
Greenwich, CT-based Arch Street Capital Advisors sold the Federal Bureau of Investigation (FBI) Field Office in Salt Lake City, on… Read more
25 Historic Main Street Districts Vie for $2M Grants
Which of America’s historic main street districts do Americans feel are the most worthy of preservation support? The answer will be… Read more