Time for another quick update on the St. George area commercial real estate market along with some national trends we are seeing. Overall the market is still very strong in both leasing and sales activity for retail, industrial, land and office. Each sector has its...
Attached is the 2018-2019 Forecast and Commercial Real Estate Market Report for Washington County. I hope all you had a great year end and an incredible start to the new year. It’s been a while since I have done my real estate market update. Sorry for the break, but...
I attended the State of the City address given by Mayor Jon Pike of St. George City and the St. George Area Chamber of Commerce in January. Mayor Pike did a fantastic job addressing what the city has accomplished where they are headed. All in all, very positive. The...
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...
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...