NAI Premier brings the latest commercial real estate news and information to the market in Salt Lake City, UTAH
Market Overview 2020
SEE COMPLETE REPORT National Market Events that shake the world and heighten fear often alter consumer behavior and impact real estate.After 9/11 demand for space closer to the bottom floor of buildings increased while demand for spaces near the top floor fell. The trend eventually wore out as fears subsided over time, and we predict the same will happen when the virus is contained. Utah Market The effects of an economic downturn are often most acute in primary markets. Utah has fared better than the nation and should face a less severe and lengthy downturn in it’s economy...
Facebook and Eagle Mountain
A new EDCUtah investor and a past corporate expansion project, Facebook is building a data center campus in Eagle Mountain, Utah. The following inverview is done with William Marks, Facebook’s Community Development Manager in Utah and Economic Development Corporation of Utah (EDCUtah). How has user traffic on Facebook been since the COVID-19 crisis arose? WM: Just, wow. For the first time ever, there are more than 3 billion people actively using Facebook, Instagram, WhatsApp or Messenger around the world each month. That includes 2.6 billion people using Facebook alone, and more than 2.3 billion people using at least one of our services every single day...
10 categories where Utah is No. 1 in the U.S.
Whether you are a fan of the diverse landscape, outdoor accessibility, or the robust local economy, Utah is a great place to live. While the locals have their reasons for choosing to stay and live in the Beehive State, there are nationally-recognized reasons, too. Based on lists from a variety of reputable sources and statistics, Utah ranks first in many lifestyle factors. Here are 13 categories where Utah is no. 1 in the United States...
Top 5 Reasons for Salt Lake City
Salt Lake City Department of Economic Development February 7, 2020 Consistently recognized by thought leaders and publications as the best state for business in the nation, Salt Lake City is emerging as Utah’s next economic engine. It is a great place to work, live, and raise a family. It has both organic growth and an influx of new people. It has a joint perspective of new ideas and stability. It is young and dynamic. As Utah’s Capital city, Salt Lake has always been a place of acceptance. If you were different, you came to the city. And that is true almost anywhere — cities throughout the U.S. are melting pots whose diversity brings about inherent acceptance...
Click here for Industry News Related to COVID-19 and NAI Global Web Series