Is Your Industrial Property Priced Right?

Industrial rents in Salt Lake don't move uniformly. They shift by submarket, building class, clear height, dock configuration, and even the direction a property faces relative to freeway access. A warehouse in West Valley commands a different rate than an identical building in Draper, and both can swing significantly depending on what's leased in the last 90 days.

Most owners don't have access to real comp data. They price based on what they paid for the building, what a neighbor told them, or what they'd like to net, none of which has anything to do with what a tenant will pay today. The result is either a property that sits vacant because it's overpriced, or one that leases quickly but generates less income than the market would have supported.

CRES Utah's complimentary rent comp analysis is built on closed lease transactions, actual deals, actual terms. We compare your property against the most directly comparable recent leases in your submarket and give you a defensible asking rate range backed by real data. We also tell you where the market is heading: which tenant types are active, what concessions are being offered, and how quickly comparable spaces are leasing.

The analysis is yours to keep, with no obligation to list with us.