In early 2007, the St. George Industrial Market had less than a 1% vacancy rate. Consequently, there has been several thousand square feet of industrial spec space that has recently has been completed. Due to slowing economic conditions, and the inclusion of the new spec space, vacancy rates have stabilized to a healthier 7%. Accordingly, tenants are in a better position to negotiate competitive pricing and terms. NAI’s Industrial specialists are experienced professionals who can assist you finding a great lease option and location for your industrial business. Search St George industrial lease listings.
Although most businesses prefer to purchase the land that their business is own, there are certain circumstances where leasing the land fits better with their business plan. Clients of NAI are able to benefit from the extensive knowledge and listings. Search St George land lease listings.
St. George continues to be great place to do business, despite the nation’s slowing economy. Although retail development has slowed down compared to the rush of 2006 and early 2007, National and Regional tenants continue to expand into St. George. According to Forbes Magazine, St. George was still one of the fastest growing cities in 2008, and “offer at least the promise of booming economies for years to come.” Whether you are a corporation looking to expand into your 100th location, or are opening a business for the first time, NAI Utah South can help you with market knowledge, contract negotiation skills, and available properties. Search St George retail lease listings.
New Construction continues to slow as vacancy rates increase, and lease prices fall. At NAI we are starting to see Landlords offer incentives and price reductions in order to keep their properties competitive with other office spaces available. NAI is continually doing market research, providing our clients with the most complete and up-to-date information on office leases. Search St George office lease listings.
These St. George properties are not a complete list of available properties. For a complete list call (435) 319-8131.