Life After Amazon HQ2 Rejection: Real Estate Growth In Charlotte, Houston And Salt Lake City

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Check out the real estate growth in 3 cities rejected as Amazon HQ2 locations: Charlotte, Houston and Salt Lake City

early last year; the former Exxon Mobil building at 800 Bell; and the former KBR complex on the East End.

Yet Salt Lake City, too, is now home to an Amazon fulfillment center, a $250 million, 800,000-square-foot facility with some 1,500 employees. The Amazon fulfillment center, which opened in September, is the first one for Utah. A CrediFi analysis showed that Salt Lake City was one of the midsize metros with the greatest growth in CRE lending activity over the past two years, driven largely by a rise in multifamily and industrial lending.

Source: Real Estate Daily Report (realestatedailyreport.net)

 

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