Family Office Briefing on research byNewmark·Apr 22, 2026
Greater Salt Lake Office Market 1Q26
Salt Lake County office market shows first-quarter vacancy decline in 1Q26 — family offices should consider co-GP opportunities with strong operators.
Key Metrics
| Metric | Value |
|---|---|
| Direct Vacancy Rate | 15.9% |
| Sublet Vacancy Rate | 1.6% |
| Quarterly Net Absorption | 169,398SF |
| Average Asking Rent | 27.40$/SF |
| Under Construction | 29,958SF |
| Deliveries | 0SF |
Metrics extracted from the source report and independently fact-checked. Method →
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