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So far Utah has created 22 blog entries.

Cushman & Wakefield Names Salt Lake City as Top Five Tech Leasing City

In 2018 the technology sector in the U.S. cemented its position as a major driver for the U.S. economy and office market. Funding for tech-related businesses soared and the number of companies with valuations of $1.0 billion or more—popularly known as Unicorns—reached a record 156. Venture capital investments roughly doubled in 2018, rising from $72 billion in 2017 to $131 billion in 2018, the largest amount invested by venture capital funds since the all-time high of $188 billion in 2000. Read the entire article from Cushman & Wakefield's Principal Economist, Ken McCarthy. https://www.utahbusiness.com/tech-leasing-salt-lake/    

2019-03-29T16:36:48-04:00 March 29th, 2019|In the News|

Utah Managing Principal, Alison Beddard on “Balance for the Better”

Some thoughts:  Gender balance is one of the biggest transformations we will ever experience. The shift in power between men and women is evolving as we speak, and its ultimate impact and potential are highly underestimated. Slow and steady will win the “balance for the better” marathon. It will take patience and conviction to keep moving forward.  Gender balance (or the lack thereof) affects every part of human existence — political, economic, professional and personal. At Cushman & Wakefield Utah, shaping a better future depends on “balance for the better,” so all our employees have access to the same opportunities to develop a meaningful career for themselves.  Liberating men and women from traditional, stereotypical gender roles empower individuals to become the best versions of themselves. This process takes rigor and determination to engage everyone – including women – why this is a company value. The highest levels of success and [...]

2019-03-12T16:36:34-04:00 March 12th, 2019|In the News|

Cushman & Wakefield Salt Lake City Completes One of the Largest Office/ Research & Development Office Leases in Utah – 855,000 Square Feet

Left to right: Cushman & Wakefield Salt Lake City team: Joe Gutierrez, Matt Leishman, Molly Westbrook and Mike Richmond L3 Technologies expands their Engineering & Operations Center to accommodate broadband communications business SALT LAKE CITY, UT -- Dec. 9, 2018 -- Cushman & Wakefield has procured one of the largest Office/Research & Development (R & D) office leasing transactions in Utah’s history, as landlord representation for Airport Technology Park (ATP), a multi-building office and research and development park, located at 420, 540, 560 and 640 North 2200 West in Salt Lake City, UT. The new 15-year lease extension and redevelopment consisting of 855,000 square feet. ATP is occupied by L3 Technologies, a New York based provider of global intelligence, surveillance, and reconnaissance (ISR) communications and networked systems, as well as electronic systems for military, homeland security and commercial aviation customers. L3 develops advanced defense technologies and commercial solutions in pilot training, [...]

2018-12-10T12:17:51-04:00 December 7th, 2018|In the News|

MARKETBEAT Salt Lake City Office Q3 2018

Overall market absorption expected to exceed 1 million square feet within Salt Lake County by year end Overall market absorption reached +487,000 square-feet (sf) for the third quarter of 2018 while overall vacancy increased 20 bps from 13.3% in Q2 2018 to 13.5% in Q3 2018Ranked 6th in overall economic mobility within the United States, the Salt Lake office market has garnered demand and attention from occupiers and investors of all sizes and industries, confirming Utah’s exceptional future economic outlook. Learn more about the Q3 2018 office outlook at  https://cushwk.co/2QnaJXz  

2018-11-28T16:07:33-04:00 November 28th, 2018|In the News|

MARKETBEAT Salt Lake County Industrial Q3 2018

Q3 2018 -- Another Noteworthy Quarter for Salt Lake County’s Industrial Market Ranked 6th nationally for economic opportunity, Salt Lake maintained its precedent of outperforming the U.S. economy through Q3 2018. Year-over-year, the county saw unemployment dwindle from 3.4% to 3.0% -a 40-bps (basis point) drop. Meanwhile, Salt Lake County saw total employment climb to 740k,  while Utah as a whole saw job growth of 3.7% during the last year –the highest such rate in the nation. Review the detailed report at  https://cushwk.co/2AsjQxn

2018-11-28T16:09:24-04:00 November 28th, 2018|In the News|