Q2 2012 Salt Lake City, Utah Office Property Sales Analysis

CRE Resources

View our Salt Lake City, Utah Submarket Map

Q2 2012 Salt Lake City, Utah Office Property Sales Analysis


No office investment sales transactions that meet Reis’ criteria have closed since 2010.* “Many owners who held properties in recent years in hopes of recapturing value are opting to sell in order to focus on opportunities with greater near-term growth potential,” observes Marcus & Millichap. “While high-occupancy Class A towers in the CBD rarely trade, they would likely generate investor attention at cap rates between 7% and 7.5%.”