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Salt Lake City retail leasing cooled late in 2025

Tenants are signing fewer deals, but footprint sizing remains steady
CoStar Analytics
March 30, 2026 | 8:33 P.M.

Salt Lake City retail leasing experienced a noticeable decline in volume during the fourth quarter of 2025, as evidenced by new lease data that excludes renewal deals.

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News | Salt Lake City retail leasing cooled late in 2025