Embed Size (px)
Citation preview
![Page 1: Utah County Symposium Report - 5-09.ppt [Read-Only]utahcre.brokerutah.com/May2009/Office.Cody.Black.pdf · 2009. 5. 5. · 2009 Forecast2009 Forecast – Lease RatesLease Rates. 2009](https://reader036.pdfslide.net/reader036/viewer/2022071214/6041e054244d0b246e29f823/html5/thumbnails/1.jpg)
Utah County Commercial Real Estate ConferenceUtah County Commercial Real Estate Conference
OFFICE OFFICE REPORTREPORT
![Page 2: Utah County Symposium Report - 5-09.ppt [Read-Only]utahcre.brokerutah.com/May2009/Office.Cody.Black.pdf · 2009. 5. 5. · 2009 Forecast2009 Forecast – Lease RatesLease Rates. 2009](https://reader036.pdfslide.net/reader036/viewer/2022071214/6041e054244d0b246e29f823/html5/thumbnails/2.jpg)
Presented by:
Cody Black
Presented by:
Cody BlackCody BlackOffice Specialist
Cody BlackOffice Specialist
![Page 3: Utah County Symposium Report - 5-09.ppt [Read-Only]utahcre.brokerutah.com/May2009/Office.Cody.Black.pdf · 2009. 5. 5. · 2009 Forecast2009 Forecast – Lease RatesLease Rates. 2009](https://reader036.pdfslide.net/reader036/viewer/2022071214/6041e054244d0b246e29f823/html5/thumbnails/3.jpg)
RISING VACANCIESRISING VACANCIES
![Page 4: Utah County Symposium Report - 5-09.ppt [Read-Only]utahcre.brokerutah.com/May2009/Office.Cody.Black.pdf · 2009. 5. 5. · 2009 Forecast2009 Forecast – Lease RatesLease Rates. 2009](https://reader036.pdfslide.net/reader036/viewer/2022071214/6041e054244d0b246e29f823/html5/thumbnails/4.jpg)
DROPPING LEASE RATESDROPPING LEASE RATES
Classification Average Lease Rates Average Total Operating CostsClass A $18.00 - $23.50/SF full service $6.25/SFClass B $13.00 - $18.00/SF full service $5.75/SFCondo $9 00 $13 00/SF full service $5 50/SFCondo $9.00 - $13.00/SF full service $5.50/SFWeighted Avg. $15.75/SF full service $5.75/SFTriple Net Equiv. $10.00/SF excluding all building costs and expenses
![Page 5: Utah County Symposium Report - 5-09.ppt [Read-Only]utahcre.brokerutah.com/May2009/Office.Cody.Black.pdf · 2009. 5. 5. · 2009 Forecast2009 Forecast – Lease RatesLease Rates. 2009](https://reader036.pdfslide.net/reader036/viewer/2022071214/6041e054244d0b246e29f823/html5/thumbnails/5.jpg)
SOUTH UTAH COUNTY VACANCIESSOUTH UTAH COUNTY VACANCIESSOUTH UTAH COUNTY VACANCIESSOUTH UTAH COUNTY VACANCIES
![Page 6: Utah County Symposium Report - 5-09.ppt [Read-Only]utahcre.brokerutah.com/May2009/Office.Cody.Black.pdf · 2009. 5. 5. · 2009 Forecast2009 Forecast – Lease RatesLease Rates. 2009](https://reader036.pdfslide.net/reader036/viewer/2022071214/6041e054244d0b246e29f823/html5/thumbnails/6.jpg)
PROVO VACANCIESPROVO VACANCIESPROVO VACANCIESPROVO VACANCIES
![Page 7: Utah County Symposium Report - 5-09.ppt [Read-Only]utahcre.brokerutah.com/May2009/Office.Cody.Black.pdf · 2009. 5. 5. · 2009 Forecast2009 Forecast – Lease RatesLease Rates. 2009](https://reader036.pdfslide.net/reader036/viewer/2022071214/6041e054244d0b246e29f823/html5/thumbnails/7.jpg)
OREM VACANCIESOREM VACANCIES
![Page 8: Utah County Symposium Report - 5-09.ppt [Read-Only]utahcre.brokerutah.com/May2009/Office.Cody.Black.pdf · 2009. 5. 5. · 2009 Forecast2009 Forecast – Lease RatesLease Rates. 2009](https://reader036.pdfslide.net/reader036/viewer/2022071214/6041e054244d0b246e29f823/html5/thumbnails/8.jpg)
NORTH UTAH COUNTY VACANCIESNORTH UTAH COUNTY VACANCIES
![Page 9: Utah County Symposium Report - 5-09.ppt [Read-Only]utahcre.brokerutah.com/May2009/Office.Cody.Black.pdf · 2009. 5. 5. · 2009 Forecast2009 Forecast – Lease RatesLease Rates. 2009](https://reader036.pdfslide.net/reader036/viewer/2022071214/6041e054244d0b246e29f823/html5/thumbnails/9.jpg)
TOTAL UTAH COUNTY VACANCIESTOTAL UTAH COUNTY VACANCIES
![Page 10: Utah County Symposium Report - 5-09.ppt [Read-Only]utahcre.brokerutah.com/May2009/Office.Cody.Black.pdf · 2009. 5. 5. · 2009 Forecast2009 Forecast – Lease RatesLease Rates. 2009](https://reader036.pdfslide.net/reader036/viewer/2022071214/6041e054244d0b246e29f823/html5/thumbnails/10.jpg)
PROJECTS NEAR COMPLETIONPROJECTS NEAR COMPLETIONPROJECTS NEAR COMPLETIONPROJECTS NEAR COMPLETION
Zions BankFinancial Center
Apex Alarms Building Discovery Grove
![Page 11: Utah County Symposium Report - 5-09.ppt [Read-Only]utahcre.brokerutah.com/May2009/Office.Cody.Black.pdf · 2009. 5. 5. · 2009 Forecast2009 Forecast – Lease RatesLease Rates. 2009](https://reader036.pdfslide.net/reader036/viewer/2022071214/6041e054244d0b246e29f823/html5/thumbnails/11.jpg)
2009 F t M k t C diti2009 Forecast – Market Conditions
![Page 12: Utah County Symposium Report - 5-09.ppt [Read-Only]utahcre.brokerutah.com/May2009/Office.Cody.Black.pdf · 2009. 5. 5. · 2009 Forecast2009 Forecast – Lease RatesLease Rates. 2009](https://reader036.pdfslide.net/reader036/viewer/2022071214/6041e054244d0b246e29f823/html5/thumbnails/12.jpg)
2009 Forecast Lease Rates2009 Forecast – Lease Rates
![Page 13: Utah County Symposium Report - 5-09.ppt [Read-Only]utahcre.brokerutah.com/May2009/Office.Cody.Black.pdf · 2009. 5. 5. · 2009 Forecast2009 Forecast – Lease RatesLease Rates. 2009](https://reader036.pdfslide.net/reader036/viewer/2022071214/6041e054244d0b246e29f823/html5/thumbnails/13.jpg)
2009 F t N ti Ab ti2009 Forecast – Negative Absorption
![Page 14: Utah County Symposium Report - 5-09.ppt [Read-Only]utahcre.brokerutah.com/May2009/Office.Cody.Black.pdf · 2009. 5. 5. · 2009 Forecast2009 Forecast – Lease RatesLease Rates. 2009](https://reader036.pdfslide.net/reader036/viewer/2022071214/6041e054244d0b246e29f823/html5/thumbnails/14.jpg)
2009 F t C t ti A ti it2009 Forecast – Construction Activity
![Page 15: Utah County Symposium Report - 5-09.ppt [Read-Only]utahcre.brokerutah.com/May2009/Office.Cody.Black.pdf · 2009. 5. 5. · 2009 Forecast2009 Forecast – Lease RatesLease Rates. 2009](https://reader036.pdfslide.net/reader036/viewer/2022071214/6041e054244d0b246e29f823/html5/thumbnails/15.jpg)
W i h th b t f l k i thWe wish you the best of luck in the coming year!
