2019 Year-End Market Report and 2020 Forecast

2019 Year-End Market Report and 2020 Forecast

WASHINGTON COUNTY ECONOMY Overall Economy The economy in Washington County continues to show strength across the board. Unemployment rates are down, population growth is near record high, and the demand for commercial real estate continues to be strong. Unemployment...
2018 Year-End Market Review Washington County Utah

2018 Year-End Market Review Washington County Utah

Industrial Market Overview Industrial Market 2019 Year-End Review The industrial market in Washington County has been exceptionally strong over the last several years. Year over year, average asking net rents have increased 22% from $6.56 to $7.99, with the weighted...
2017 Mid-Year Market Review Washington County Utah

2017 Mid-Year Market Review Washington County Utah

Job growth across the U.S. remained modest as year-to-date growth trailed the same period in 2016. This combined with light growth in GDP caused the Fed to once again hold off on pushing its benchmark interest rates any higher. Utah added 44,400 net new jobs as job...
2017 Year-End Market Review Washington County Utah

2017 Year-End Market Review Washington County Utah

Washington County continues to show solid signs of growth in manufacturing and distribution-related industries. Unemployment is hovering around 3.2-3.3%, mostly flat year over year. The local unemployment rate is well below the national average of 4.4%. The low...