Opportunities for Occupiers
Keep Your Thumb On The Pulse
Is The Office Dead
CBRE has published the fourth quarter 2021 Salt Lake-Provo office market report. What is the current state of the office market? Since the black swan event occurred in March 2019, the media has repeatedly reported the death of the office.
Delayed Office Occupancy Expected to Bolster Absorption in 2022
COVID-19 has created challenges in the office market. Market activity increased on the heels of the vaccine roll out, but the Delta variant suppressed its momentum.
Vaccination Rollout Impacts SLC-PROVO Office Trajectory
The Salt Lake-Provo office market is rebounding due to COVID-19 vaccines. Net absorption and rental rates are key metrics indicating the health of the office market.
Economic Recovery and Local Resilience Pave Way for Brighter 2021
First quarter office market statistics indicate the challenges and impact of the COVID-19 pandemic. Due to the increased number of vaccinations and vaccine availability, companies are returning to the office.