AI and machine learning occupiers in Salt Lake City typically cluster in Silicon Slopes (Provo), plan ~150 sqft per seat at high-end fit-out ($155–220/sqft), and pay around 32 USD/sqft ($32 USD) on Class A.
AI and machine learning occupiers in Salt Lake City typically cluster in Silicon Slopes (Provo), plan ~150 sqft per seat at high-end fit-out">fit-out ($155–220/sqft), and pay around 32 USD/sqft ($32 USD) on Class A.
AI and machine learning occupiers in Salt Lake City typically anchor in Silicon Slopes (Provo). Tech (Qualtrics), edtech, SaaS, BYU spinouts.
Class A rent in Salt Lake City runs 32 USD/sqft ($32 USD) on a 7-year lease with 10 months free. Prime submarkets sit at or modestly above the city index.
Typical ai and machine learning fit-out targets high-end specification at $155–220/sqft. Branded reception, full client-facing programming, premium furniture, and specialist AV are standard.
Plan around 150 sqft per seat blended (workstation + circulation + amenity). A 100-headcount ai office in Salt Lake City typically targets 15,000 sqft of leasable area.
Frontier research talent clusters near top-tier ML programs and adjacent compute / GPU supply; loft-style trophy stock is the normal fit. Strong tech, finance, and engineering talent. University of Utah and BYU anchor the local engineering pipeline. Multilingual talent pool driven by LDS missionary culture supports international operations.
Headline corporate tax: 25.85%. Modified-gross structures. 7-10 year terms standard. Free rent of 8-12 months and TI of $70-$100/sqft typical on a 10-year Class A deal.
| city | Salt Lake City |
|---|---|
| industry | AI and machine learning |
| naics | 541715, 541511, 518210 |
| preferredSubmarket | Silicon Slopes (Provo) |
| preferredFitoutSpec | High-end |
| fitoutBand | $155–220/sqft |
| sqftPerSeat | 150 |
| classARentLocal | 32 USD/sqft/yr |
| classARentUsd | $32/sqft/yr |
| vacancyPct | 17.4% |
| typicalLeaseYears | 7 |
| typicalRentFreeMonths | 10 |
| talentIndex | 76 |
| corporateTaxPct | 25.85% |
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.