SALT LAKE CITY 480,613 402,444 180,094 SF 5.9% 400,000 SF

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Lone Peak Corporate Center (464,388 sf) was sold to Maier. Siebel Baber. StorageCraft moved into their newly constructed
SALT LAKE CITY OFFICE MARKET STATISTICS

2Q2015

INVENTORY

33,286,302 SQUARE FEET

UNDER

CONSTRUCTION

1,417,590

2015 YTD TOTAL

VACANCY

NET ABSORPTION

480,613

DIRECT

VACANCY

SQUARE FEET

2015 YTD COMPLETIONS

402,444

SQUARE FEET

10.5% 12.0%

OVERALL VACANCY

SQUARE FEET

TRENDS TOP PERFORMING

180,094 SF 5.9% 400,000 SF SUB-MARKETS NET ABSORPTION

CENTRAL BUSINESS DISTRICT

RENTAL RATE INCREASE

SOUTHEAST

UNDER CONSTRUCTION

SIGNIFICANT DEALS CHG executed a lease for 281,663 sf at View 72 Lone Peak Corporate Center (464,388 sf) was sold to Maier Siebel Baber StorageCraft moved into their newly constructed, 125,000 sf building at Vista Station 1. Thumbtack executed a lease on 50,000 sf at Vista Station 4 By year-end, 400,000 sf at Vista Station 1-3, will be completed and is fully leased Prosper Marketplace executed a lease for 61,594 sf at Thanksgiving Station 4

SOUTHWEST

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