The Salt Lake City office market continues to face a tough time as tenants reassess space requirements and office-using job growth slows. Net absorption turned sharply negative in 2025, even as roughly half of major markets nationwide have seen annual net absorption rebound into positive territory.
Salt Lake City office market hints at stabilization amid persistent vacancy challenges
5 takeaways for the market heading into 2026
CoStar Analytics
December 17, 2025 | 9:17 P.M.
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