NEWSLETTER


LOCAL NEWS

Utah again leads the nation for job growth  
Salt Lake Tribune
August 18, 2018

UPS to hire 1,700 for new Salt Lake packaging hub  
Deseret News
May 20, 2018


Utah's Inland Port Will Bring Commerce to Utah     
(Navigate to Page 72 of the online magazine) 

Utah Business
August 2018


Salt Lake mayor 'stoked' about 2,000 affordable housing units in pipeline       
Real Estate Utah News
August 21, 2018


Salt Lake's Industrial Segment Continues to Reach New Heights
Per CBRE's MarketView Report
     

Utah Business
July 31, 2018


SLC Named a Top 5 Buy market for Multifamily real estate 
HousingWire
April 16, 2018


 
AROUND THE NATION
 
CBRE North America Cap Rate Survey H1 2018
CBRE Americas Research    
August 22, 2018


As Life Expectancy Grows, So Does the Demand for Lab Space
blueprint presented by CBRE    
August 7, 2018


11 Things to Know About the Multifamily Market     
CBRE Capital Watch
August 6, 2018

 
AVAILABLE PROPERTIES
 
FAIRSTONE/ALPINE PORTFOLIO
Location: Taylorsville/Sandy, UT
Type: Multifamily
Size: 714 Units
Price: Unpriced
CAP Rate: N/A
Status: Offers Due Sept. 18
VISIT WEBSITE
DAVIS TOWNHOME
PORTFOLIO
Location: Layton/N.Salt Lake,UT
Type: Multifamily
Size: 124 Units
Price: Unpriced
CAP Rate: N/A
Status: Offers Due Sept. 6
VISIT WEBSITE
SITE
MARK STEEL LAND
Location: Salt Lake City, UT
Type: Development Land
Size: ± 15.4 Acres
Price: Unpriced
CAP Rate: N/A
Status: Available
VISIT WEBSITE
THE CLAYTON BUILDING
Location: Park City, UT
Type: Office
Size: ± 10,300 RSF
Price: $3,200,000
CAP Rate: 7.20%
Status: Available-Owner/User
VISIT WEBSITE
APPLEBEE'S
Location: Tooele, UT
Type: Retail
Size: ± 4,334 RSF
Price: $2,380,000
Year 1 CAP Rate: 6.25%
Status: Available
VISIT WEBSITE
APPLEBEE'S
Location: West Valley, UT
Type: Retail
Size: ± 4,733 RSF
Price: $2,520,000
Year 1 CAP Rate: 6.25%
Status: Available
VISIT WEBSITE
APPLEBEE'S
Location: St. George, UT
Type: Retail
Size: ± 5,216 RSF
Price: $3,500,000
Year 1 CAP Rate: 6.25%
Status: Available
VISIT WEBSITE
BRICKYARD TOWER
Location: Salt Lake City, UT
Type: Office
Size: ± 92,964 RSF
Price: $14,500,000
CAP Rate: 8.40%
Status: Under Contract
6695 S. WASATCH BLVD.
Location: Salt Lake City, UT
Type: Development Land
Size: ± 21.56 Acres
Price: Unpriced
CAP Rate: N/A
Status: Under Contract
VISIT WEBSITE

RECENT SALES
 
THE EAST VILLAGE
Location: Sandy, UT
Type: Multifamily
Size: 336 Units
GROVE CREEK II
Location: Pleasant Grove, UT
Type: Office
Size: ± 59,061 RSF
PARK AT CITY CENTER
Location: Sandy, UT
Type: Multifamily
Size: 330 Units
NEWHOUSE OFFICE BUILDING
Location: Salt Lake City, UT
Type: Office
Size: ± 108,381 RSF
BRICKSTONE ON 33RD
Location: Salt Lake City, UT
Type: Multifamily
Size: 100 Units
LAKEVIEW HEIGHTS
Location: Clearfield, UT
Type: Multifamily
Size: 84 Units
APPLEBEE'S
Location: Layton, UT
Type: Retail
Size: ± 6,195 RSF
ALPINE VALLEY RETAIL
Location: Salt Lake City, UT
Type: Retail
Size: ± 11,907 RSF
SOUTH TOWNE CORP. CTR.
Location: Sandy, UT
Type: Office
Size: ± 261,504 RSF
OLD MILL PORTFOLIO
Location: Salt Lake City, UT
Type: Office/Retail
PARKWOOD APARTMENTS
Location: Salt Lake City, UT
Type: Multifamily
Size: 20 Units
FORT LANE
Location: Layton, UT
Type: Multifamily
Size: 100 Units
MARKET DATA LINKS
SLC By the Numbers
H1 2018 

Office Vacancy: 10.9%
 SLC Office Market Report  

 
Industrial Vacancy: 3.3%
SLC Industrial Market Report

 
Retail Vacancy:  7.2%
SLC Retail Market Report

 
Multifamily Vacancy: 4%
2018 Market Report

 
SLC Capital Markets Marketview  
H2 2017

 

 
SLC Real Estate Market Outlook 2018  
2018 Outlook Report

 
Utah and National Trends
August 2018


* All reports are downloaded through the CBRE Global Research Gateway. You may need to unblock popups. The reports will then download at the bottom of the screen.
 
INTEREST RATES
 
Prime 5.00%
5-Yr. U.S. Treasury 2.75%
10-Yr. U.S. Treasury 2.86%
LIBOR 3-mo. 2.31%
DIJA 25,987*
*As of 2:15 pm MST 8/30/2018

Source: Wall Street Journal
 
FOR MORE INFORMATION, PLEASE CONTACT:
Eli Mills
Senior Vice President
+1 801 869 8029
eli.mills@cbre.com
Patrick Bodnar
Senior Associate
+1 801 869 8053
patrick.bodnar@cbre.com
Doug Birrell
First Vice President
+1 801 869 8041
doug.birrell@cbre.com
Diane Aubry
Client Services Specialist
+1 801 869 8036
diane.aubry@cbre.com
Annie Avila
Client Services Coordinator
+1 801 869 8039
annie.avila@cbre.com
Colton Butterfield
Client Services Coordinator
+1 801 869 8059
colton.butterfield@cbre.com
 

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