Salt Lake City
Rob Cord: Technology Businesses to Define CRE in Coming Years
In his new role, Rob Cord will lead national expansion efforts for the Salt Lake City-based company.
Värde to Buy Master-Planned Community in Utah
The transaction includes 500 finished home sites, a retail district and 2,500 acres of developable land.
InMoment Set to Move Operations to New Silicon Slopes TOD
InMoment is just one of several emerging tech companies that are currently growing in Salt Lake City.
North Salt Lake Community Acquired as Area Trends Upwards
As metro vacancy rates continue to drop, multifamily property owners in the Salt Lake City area are looking to cash in on their assets.
JF Capital Infuses Capital in Downtown Salt Lake City
A Utah-based real estate investment management and development firm is ready to break ground on a new $28 million luxury apartment community in downtown Salt Lake City.
Gelt Not Salty at All on Salt Lake City
Two multifamily properties in the Salt Lake City area changed ownership.
JLL: Rents Expected to Keep Rising at U.S. Skyscrapers
Rents are rising and vacancy rates are falling at America’s trophy skyscrapers, spurred by aggressive investors, tightening supplies and the growing technology, energy and healthcare sectors.
KBS REIT III Acquires Salt Lake City Office Tower for $170M
KBS REIT III has acquired 222 Main, a Class A, LEED Gold office tower in the center of Salt Lake City’s CBD, for $170 million.
Utah Poised to Build on 2013′s $1.3B Commercial Investment
2014 is shaping up to be an important year for Salt Lake City’s real estate market in terms of both residential and commercial sectors. However, it should be noted that 2013 was also a good year for the real estate market. According to the Salt Lake Tribune, the state has seen its best investment figures since before the economic downturn. Last year saw $1.3 billion be poured into the state’s commercial market. That same source writes that, should the amount of available properties have been higher, the figure would have also been considerably larger.
Hilton Opens Home2 Suites Extended-Stay Hotel in South Jordan
As 2013 draws to a close, Salt Lake City is gearing up for a good year, with reports projecting the city’s residential market as one of the fastest rising in the entire U.S. However the end of the year has seen one of the more low-key sectors of the area’s real estate market finish on a high note as Hilton announced the opening of its Home2Suites by Hilton Salt Lake City/South Jordan. The facility is under the ownership of South Jordan Hotel Ownership, LLC, with management duties handled by Widewaters Hotels LLC.