A new report released by Mountain West Commercial Real Estate shows that retail space in downtown Salt Lake City is undergoing a transformation as the area continues to densify. The study found that market-wide, older one- and two-story retail buildings are being demolished and replaced with multifamily developments, many of which incorporate retail space into the ground floor of the development.
“The shift to mixed-use retail space is experiencing varied success, and developers will need to Please log in to see the rest of this story.
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