by aaron | Oct 31, 2025 | Market Insights
Southern Utah CRE Overview: Growth Continues Amid Market Adjustments The Southern Utah commercial real estate market continues its steady climb through 2025, balancing strong population growth, new business creation, and modest adjustments in vacancy rates across most...
by aaron | Oct 31, 2025 | Market Insights
Southern Utah’s industrial market continues to outperform thanks to strong population growth, construction demand, and logistics expansion. Lease rates have trended upward while functional vacancy remains tight once outliers are excluded. Why Industrial Properties Are...
by aaron | Oct 31, 2025 | Market Insights
Why Office Space Still Matters in 2025 Even with hybrid work trends, local businesses in Southern Utah continue to value professional office space that supports collaboration and growth. Vacancy remains low — just 3.3% — and lease rates have climbed slightly to $18.50...
by aaron | Oct 31, 2025 | Market Insights
Southern Utah’s Retail Resilience Even as national retailers navigate changing consumer habits, Southern Utah’s retail sector remains one of the most stable in the state. According to the 2025 Midyear Market Report, the average lease rate climbed to $18.50 NNN, while...
by aaron | Oct 31, 2025 | Market Insights
The Southern Utah Development Surge Land development remains a major driver of Southern Utah’s economy. Rapid population growth and expanding infrastructure have pushed land values between $16 – $24 per SF. However, as new regulations and costs rise, developers must...
