A summary of trends in occupancy rates in Weber and Davis counties
By Curmudgeon
There's an interesting piece respecting development in today's Standard-Examiner. It's headlined "What's Vacant" and it summarizes trends in occupancy rates in Weber and Davis counties for office space, multi family housing and industrial space.
Interesting results. Vacant office space in Ogden jumped from 14.5% to 23.5% over the past year. Retail space vacancies up about 1%. But there's been a significant drop in available industrial space, and in vacancies at BDO. And vacant multi-family unit vacancies dropped from 5% a year ago to 1% now. And yet apartment rents have not risen.
Very chewy story, well worth perusing.