The Salt Lake City/Provo office market continues to show signs of recovery, according to a first-quarter CBRE Research report.
Leasing activity rose from a year earlier, the vacancy rate fell and net absorption was positive during the quarter.
The market “is well-positioned for further recovery throughout 2025, and net absorption is projected to remain positive in the near-term forecast,” CBRE said.
Leasing activity in the Salt Lake/Provo office market grew Please log in to see the rest of this story.
