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Provo-Orem and Salt Lake are top spots for millennials /856/salt-lake-4-16-18-top-spots-for-millennials<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/man-walking-bike-park.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/856/salt-lake-4-16-18-top-spots-for-millennialsProvo-Orem and Salt Lake are top spots for millennials Provo-Orem has the highest percentage of millennials of total population (30.4 percent) out of any of the top 100 metros in the United States, while Salt Lake comes in with the 9th spot as 26.2 percent millennial.
Utah has one of nation’s fastest growing labor forces and economy, leading to robust CRE expansion/531/salt-lake-12-4-17-fastest-growing-labor-forces-and-economy<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-conference-standing.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/531/salt-lake-12-4-17-fastest-growing-labor-forces-and-economyUtah has one of nation’s fastest growing labor forces and economy, leading to robust CRE expansion​Utah’s economy continues its rapid expansion with the third fastest labor force growth of any state in the nation and 2.9% unemployment, well below the national 4.1% rate.
Full speed ahead…Salt Lake investment market leads nation with most positive outlook for 2018/467/salt-lake-11-6-17-full-speed-ahead<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/abstract-the-red-arena-jll.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/467/salt-lake-11-6-17-full-speed-aheadFull speed ahead…Salt Lake investment market leads nation with most positive outlook for 2018​Amongst the 78 markets surveyed in the PricewaterhouseCooper’s annual Emerging Trends in Real Estate report for 2018, Salt Lake was awarded the 3rd best overall outlook in the nation and achieved the top spot for investment outlook.
Developers capitalize on robust demand for small space industrial/321/salt-lake-9-11-2017-developers-capitalized-on-demand<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/industrial-closeup-detail-red.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/321/salt-lake-9-11-2017-developers-capitalized-on-demandDevelopers capitalize on robust demand for small space industrial​​Starting in 2015, Salt Lake developers have taken notice of the strong tenant demand for smaller industrial space.
Multifamily investment sales volume on torrid pace/263/salt-lake-8-22-multifamily-investment<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-woman-standing-by-a-red-door-jll.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/263/salt-lake-8-22-multifamily-investmentMultifamily investment sales volume on torrid paceAs investors are struggling to find quality investments outside of the core commercial properties their focus is more on multifamily properties.
Utah has fastest growing job market in nation/225/salt-lake-8-7-2017-growing-job-market<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-hands-meeting.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/225/salt-lake-8-7-2017-growing-job-marketUtah has fastest growing job market in nation​Utah’s economy continues to steam ahead with the highest job growth rate in the nation (3.3%) over the last twelve months. That is a job growth rate that is 22.2% faster than the next two States of Florida and Nevada.