Despite enormous supply pressure and rising vacancy, industrial rents in Salt Lake City grew by an average of 10.8% annually at the end of November. The Utah capital’s performance was one of the best in the nation as only Orlando, Florida; Phoenix; Charlotte, North Carolina and Fort Lauderdale, Florida registered stronger annual gains.
Salt Lake City Industrial Rent Growth Outperforms but at a Slower Pace
Elevated Vacancy and Weak Absorption Have Weighed Down Industrial Rent Increases
CoStar Analytics
December 5, 2023 | 9:16 P.M.
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- Properties
- One Montgomery Tower
One Montgomery St, San Francisco, CA