SALT LAKE CITY, UT-With the area economy and outlook fairly positive, indicators suggest that businesses in Salt Lake remain confident, as both new leasing and construction activity in the industrial market have grown. In addition, employment across all professional sectors has expanded, affecting office leasing activity. This according to a recent market report from CBRE.
Industrial Market
A notable amount of construction was completed during the third quarter. Nearly one million square feet was added to the industrial base—the largest addition to the market in the last three years.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
