The Salt Lake City office of commercial real estate firm Newmark Grubb ACRES and investment company Mountain West Commercial have released their joint midyear market report. The report includes analysis from the industrial, office, retail, investment and land real estate sectors for the Wasatch Front sub-markets.
Salt Lake County
by Lucas M. Burbank
Overall direct vacancy hovers near historic lows at 3.3 percent for midyear 2018. The Salt Lake County industrial market experienced 1.1 million square feet (SF) of positive net absorption by midyear 2018, overcoming a slight negative net absorption number in the first quarter (Q1).