Utah County
Provo - UT USA - Industrial Submarket
Industrial real estate intelligence for the Utah County submarket. 54.9M SF of inventory with 7.5% vacancy. Data sourced from various MLS platforms.
54.9MSF
Inventory
5.2MSF
Available
7.5%
Vacancy
9.1%
Availability Rate
$11.63
Asking Rent
1.2%
Rent Growth
467KSF
12mo Absorption
2.4MSF
Under Construction
Market Metrics
12mo Delivered
1.3M SF
Under Constr % of Inv
4.3%%
Sale Price/SF
$158
Cap Rate
7.7%%
12mo Sales Volume
$95,727,082
Sales Vol Growth
84.4%
Asset Value
$9,071,418,541
Net Absorption
+467K SF
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| Building 14 | 1,000,000 | Not Disclosed | TULEVIEW FARMS LLC |
Data Centre Development Potential
Moderate vacancy (7.5%) in Utah County suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 2.4M SF indicates developer confidence in the submarket. Positive net absorption of 467K SF over the past 12 months signals healthy demand fundamentals.
Other Submarkets in Provo - UT USA
Evaluating Utah County for Development?
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Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.