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United States | Salt Lake City, UT

Report | Salt Lake City Office Insight - Q4 2015

Summary

​Salt Lake City’s status within the office real estate world is now at an elite level—with nearly 5,000 square feet of new office demand pacing this market every single day.

Overall, new construction and new absorption rose north of one million square feet in 2015, breaking previous record-highs for this rising market.

You can expect rents to continue to rise by no less than three percent annually through at least the end of 2017, as new supply lags behind the seemly endless demand—especially when it comes to large-block options.

Learn more about what’s happening—and what we expect to occur in the coming months—across the Salt Lake City office market in our Q4 US Office Insight.

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