A combination of new residents and a lack of new supply is driving the bump.
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Over the last 12 months, lease rates have climbed across the board with the most significant rate hikes in the Class A suburban and CBD markets.
With its vibrant tech presence and destination ski resorts, the southern metro has been dubbed the “Silicon Slopes.”
JLL Represents Washington Capital Management, Inc. in Salt Lake City’s Largest Transaction YTD
JLL completes sale of bulk distribution warehouse in Salt Lake City, UT totaling 345,686 s.f.
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