Archive for the ‘News’ Category

Utah Creates 112,000 Jobs in 1,000 Days

In 2012 Governor Herbert challenged the private sector to create 100,000 jobs in 1,000 days (100 jobs per day). This was an impressive goal considering unemployment rates were high, and job growth in the state had been slow across the nation.

Governor Herbert recently announced the goal had not only been met, but that it had been surpassed. He said, “The only thing more rewarding than accomplishing a goal is exceeding that goal. I congratulate the private sector for creating more than 112,000 jobs in 1,000 days and businesses in Utah continue to create more every month.”

When jobs are created, there is more need for Commercial Real Estate. Vacancies in the market are filled with new companies, and you see more owner-occupied buildings built, along with investors that see an opportunity to build more as vacancies decrease, and lease rates increase.

Currently, the unemployment rate is 3.6 percent, which is roughly half of what it was in 2011. Utah continues to see job growth at approximately double that of the national rate.

As one of the largest commercial real estate brokerages in Southern Utah, my goal is to help you get into the building that is right for your business.

Iron Man 70.3 Lifts Local Economy to the Tune of 5.5 Million

Last month Ironman 70.3 came through St. George for the fifth time bringing the most profitable returns yet. For local business and potential business owners, this is good news. The continued event offers hope for more growth in the future for those looking to invest in commercial real estate.

St. George hosts a variety of events throughout the year because of its spectacular views and year-round warm weather. It’s also why many businesses are expanding or starting in sunny Southern Utah. With its great location next to I-15 it has become a planned stop for tourists and travelers, making it a hotspot for business owners and entrepreneurs.

Hotels, restaurants and shops benefit the greatest from the events, but when the economy grows everyone feels the positive effects. And commercial real estate is no exception. In 2013 our office reached just under 1 million square feet in transactions encouraging more business owners to trust the NAI brand.

With more events being scheduled the economy in Washington County is sure remain strong.

As one of the largest commercial real estate brokerages in Southern Utah we can help you start your business in a space and location that help you reap the benefits of the national events held here. Don’t wait, give us a call.

Tax notices for St. George commercial property owners have been sent out… But did you know you can fight the appeal? I have been fighting tax appeals for clients for some time now. The county really does give it their best efforts to be fair regarding the tax values of your properties, however, there are often times where property owners will receive notice that their assessed value increases 30-40%, without any real reason for it.

In a proper appeal you need to provide evidence that the true market value of your property is less than what the county has determined. This is done through providing comps for the area, providing a value based on a true CAP rate, or a few other measures as outlined by the county.

Although it can be a little intimidating for someone who has never done it before, if your property value isn’t accurate it needs to be disputed. We can look at the property and determine whether or not there is a valid argument for a dispute. We have real reasonable rates, and if we don’t save you any money on the appeal, you won’t pay us anything.

Keep in mind that the savings we provide you won’t just last for this year, but will be realized over the next several years.

It has been long awaited for the doors to open in St. George,Utah, and March 28 is finally the day. Chick-fil-A is a family friendly restaurant that offers a nutritionally friendly fast food option ranging from Read More…

According to Gallup, “Utah easily leads the nation in terms of its performance across 13 forward looking metrics that might determine which states will be the best places to live in the future.” What set Utah apart are its high scores in low smoking habits, cleanest water, best supervisors, willingness to learn, and perceptions that “your city or area is getting better rather than getting worse.”

Rounding out the top five are: Minnesota, Colorado, Nebraska, and North Dakota.