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Retail rents lose some steam in Salt Lake City

Retail asking rents could stay in the correction cycle for a few more quarters
CoStar Analytics
June 10, 2026 | 10:06 P.M.

Salt Lake City’s retail property sector is generally balanced as the middle of 2026 approaches. However, despite relatively tight market conditions, with an overall availability rate below 5%, rent growth has slowed.

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