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June 27, 2025
Cottonwood Communities set to expand apartment holdings by 30%
Cottonwood Communities and RealSource Properties, two multifamily property owners in the Salt Lake City area, agreed to merge in a deal that sets the stage for a significant expansion of Cottonwood’s portfolio.
June 26, 2025
CBRE expands Utah team; Northmarq hire pursues restaurant deals; Transwestern appoints business development veteran in Texas
CBRE expands Salt Lake City team
June 19, 2025
Housing starts fall; Texas Instruments adds to US manufacturing; Amazon, Intel brace for more job cuts
Housing starts drop sharply
June 3, 2025
Thinning pipeline and strong demand suggest tighter multifamily market to come in Provo, Utah
Provo, about 45 miles south of Salt Lake City, witnessed a significant spike in population and economy before and even more so since the pandemic years. This, in turn, has spurred a massive supply wave as developers have attempted to keep up with housing demand. Its apartment inventory has doubled since 2017.
May 29, 2025
Nuveen expands fundraising capabilities with launch of tax-advantaged exchange program
With global commercial property prices believed to be stabilizing, Nuveen, the investment manager of TIAA, has launched a new program through its Nuveen Global Cities Real Estate Investment Trust to boost fundraising capabilities.
May 22, 2025
Furniture retailer opens second location in Salt Lake City
A discount furniture retailer is adding a second location in Orem, Utah.
May 22, 2025
South Jordan, Utah, retail portfolio trades hands
A Utah-based private company acquired three South Jordan properties for $12.9 million or $544.33 per square foot.
May 13, 2025
CBRE hires JLL executives for its Salt Lake City office
CBRE has hired Cole Macadaeg and Phil Brierley to join the firm's Salt Lake City office.
May 12, 2025
Broker returns to JLL from Chicago firm
Todd Torok has rejoined JLL as a managing director, leading industrial investment sales in the Salt Lake City and Intermountain West region.
May 1, 2025
Kirkland’s warns tariffs may thwart its ability to stay in business
Home goods chain Kirkland's has warned that the potential impact of tariffs on its sales could derail its ability to continue operating its business, joining the chorus of U.S. retailers that have voiced concerns about the increased fees.
May 1, 2025
Top office leases recognized for Salt Lake City
Prominent office leases signed by HF Sinclair, Boostly and Orion Advisor Solutions negotiated by top dealmakers from JLL and CBRE are among the first-quarter office leases recognized by CoStar.
May 1, 2025
Top industrial leases recognized for Salt Lake City
Prominent industrial leases signed by Central Garden & Pet, Purple Innovation and Tondo Fulfillment negotiated by top dealmakers from JLL are among the first-quarter industrial leases recognized by CoStar.
May 1, 2025
Top retail leases recognized for Salt Lake City
Prominent retail leases signed by Sierra, 801 Nations and Five Below negotiated by top dealmakers from Colliers, Mountain West Commercial and Keller Williams Realty South Valley are among the first-quarter retail leases recognized by CoStar.
May 1, 2025
Top property sales recognized for Salt Lake City
A prominent land deal handled by JLL and an industrial disposition arranged by Newmark are among the top first-quarter property sales recognized by CoStar.
April 28, 2025
JLL adds executive to boost industrial sales in West; Kidder Mathews expands California team with hire; Levin Management taps finance chief
JLL appoints executive to increase industrial sales in West
April 4, 2025
CBRE taps new global research chief; BH Properties adds executive to expand California investments; CenterPoint targets Central US growth with new hire
CBRE taps new global research chief
April 3, 2025
Salt Lake City office leasing remains well below historic trends
While Salt Lake City's annual new office leasing volume has edged higher for the past four consecutive years, it remains below pre-pandemic trends.
April 2, 2025
Salt Lake City’s capital markets give reason for optimism
Local brokers have noted that transaction activity has picked up in Salt Lake City since last summer, and the data echo that sentiment.
March 27, 2025
The tide could be turning for Salt Lake City’s multifamily market
According to new data from the U.S. Census Bureau, the Salt Lake city metropolitan area gained about 19,100 people from international migration last year. Meanwhile, around 8,400 residents moved away from the market, giving it a net gain of about 10,700, which is the highest on record. The trend of positive net international migration last year was one witnessed across all of the nation's 387 metropolitan areas.
March 26, 2025
New distribution center brings hundreds of jobs to rural Utah
Lakeshore Learning Materials' newest distribution center in Garland, Utah, will bring more than 500 jobs to a growing rural community.