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Salt Lake City State of the Market
Exploring Key Asset Classes and the Influence of Major Developments on Citywide Growth and Innovation
Event Ended On: Wednesday November 13 2024
Registration Questions?
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Event Host
650 Main
Located at the intersection of Main Street and 600 South in downtown Salt Lake City, 650 Main is a prestigious Class A office and retail complex spanning 327,000 square feet over 10 stories. The state-of-the-art building offers large light filled floor plates which provide optimum efficiency for planning work spaces. 650 Main offers an amenity rich environment for today’s office use, from a spacious lobby to flexible conference space and an indoor/outdoor fitness center connected to expansive social areas for collaboration, work and play, a unique feature in Salt Lake City. The project also includes the popular restaurant Sol Agave, and is adjacent to the 600 South TRAX light rail station just steps from the building’s entrance.
Common Desk is a Texas-based coworking company serving people-first workspaces for professionals across all industries. Offering nearly 32,000 square feet of workspace spanning the first two floors of the state-of-the-art 650 Main building, in downtown Salt Lake City, Common Desk - S. Main Street provides resources that enable entrepreneurs, startups, and established companies in the city’s business sector to thrive. The location includes seven conference rooms, two Zoom rooms, 82 private offices, and ample shared coworking space. Patrons have access to a podcasting studio, social courtyard and lawn, an on-premises fitness center, and easily accessible bike storage, in addition to the classic Common Desk lineup of perks: an open network of locations, complimentary drip coffee, easy conference room bookings, chat booths, fast, secure WiFi, and weekly networking events, as well as Common Desk’s signature craft espresso experience, Fiction Coffee.
Speakers and Panels
Navigating Salt Lake's CRE Landscape
A Deep Dive into the Asset Class Fundamentals Shaping Investment and Development for 2025 and Beyond
Jeff Grasso
Jeanette Bennett
Brian Gochnour
Tom Harper
Cityscapes in Transition: The Power of Big Developments
Leveraging Large-Scale Projects for Economic and Cultural Growth
Christian Gardner
Arthur Woodbury
George Arnold
Jesse Adkins
WHY THIS MATTERS
What You’ll Learn From Salt Lake City Commercial Real Estate Leaders At This Event:
- How are current interest rate trends, as highlighted by Wells Fargo's prediction of sustained high interest rates through 2024, impacting real estate investment and development in Salt Lake City?
- Which mixed-use developments are currently shaping Salt Lake City’s urban landscape, and what innovative features are they incorporating to meet the needs of modern residents and businesses?
- The retail vacancy rate in Salt Lake City has fallen to a historic low of 3.9%, indicating strong demand. How is the imbalance between retail supply and demand impacting lease rates and tenant negotiations?
- Salt Lake City has been ranked as the sixth-fastest-growing city for high-tech jobs in North America, with 22.9% growth in tech jobs in 2021 and 2022. How does this growth influence the demand for office space and the types of amenities tenants are seeking?
- Salt Lake City is positioning itself as a key logistics hub, with a central location and strong transportation infrastructure. What advantages does it offer over other markets, and how can the city continue to attract national and international logistics companies?
How You'll Do More Business: Salt Lake City's commercial real estate market is experiencing significant growth, driven by a booming tech sector, a surge in industrial development and the city's upcoming role as a host for the 2034 Olympic Winter Games. Mixed-use developments are reshaping the urban landscape, attracting new businesses and residents with their vibrant, sustainable designs. Despite challenges such as rising construction costs and a competitive rental market, Salt Lake City offers unique opportunities for investors and developers looking to capitalize on its dynamic growth.
Who You'll Network With At This Discussion: Owners, developers, investors, brokers, public officials, architects, tenants, engineers and providers moving the market forward.
Why You Should Attend This Session: Bisnow events bring together the biggest power players in the industry to help you identify opportunities, build your network and expand your business. With the largest audience of commercial real estate professionals in the world, no one knows how to help your business more than we do.
SLC Projects & News You Should Know :
- SEG reveals more of its plans for downtown Salt Lake City
- Insight: Salt Lake City’s Commercial Real Estate Continues to Expand
- What’s currently affecting Utah’s commercial real estate market
- Salt Lake City’s High-Tech Job Growth Puts City’s Office Market Among the Hottest of North America’s 30 Leading Tech Hubs
- Salt Lake's Retail: a lesson in supply-demand imbalance
- Utah City | A New Sustainable And Connected Mixed-Use Urban Core
- SAR+ WonderBlock
For questions, recommendations, comments or press inquiries, please email our event producer, Kay VanAsdale, at kay.vanasdale@bisnow.com.
To request disability-related accommodations, please contact rachel.sundin@bisnow.com no later than seven business days before the event.
Venue
650 Main
650 South Main Street
Salt Lake City, Utah 84101
Common Desk is located in Suite 150, and is accessible directly off the building’s lobby.
Parking Information:
Available at the building. Entrances for the garage are accessible via right turn in from both Main Street and 600 South. Rideshare users can be dropped off directly in front of the Building’s main entrance along Main Street. Access from TRAX light rail is via the 600 South Station.
Agenda
| Time | Activity |
|---|---|
|
2:00 PM 3:00 PM |
Networking
|
|
3:00 PM 3:10 PM |
Opening Remarks
Common Desk, CBRE, Patrinely
|
|
3:10 PM 3:55 PM |
Navigating Salt Lake's CRE Landscape
A Deep Dive into the Asset Class Fundamentals Shaping Investment and Development for 2025 and Beyond
|
|
3:55 PM 4:10 PM |
Networking Break
|
|
4:10 PM 4:55 PM |
Cityscapes in Transition: The Power of Big Developments
Leveraging Large-Scale Projects for Economic and Cultural Growth
|
|
5:00 PM 5:20 PM |
Keynote Speaker: Mike Maughan, Executive, Smith Entertainment Group
|
|
5:20 PM 6:30 PM |
Happy Hour and Networking
|
Sponsors
WANT THE ATTENDEE LIST FOR FREE?
Biscred's sales and marketing CRE prospecting tool allows users to identify companies and contacts based on industry, asset class experience, job seniority, location, and more CRE-specific indicators. Schedule a demo with Biscred here and receive the attendee list for free when you mention this promotion.
Want to get a recap of everything covered at the event?
Purchase the post-event playbook and get the highlights sent to you in a post-event summary. Purchase here.
