Energy and commodities occupiers in Salt Lake City typically cluster in Downtown SLC, plan ~240 sqft per seat at trophy fit-out ($220–310/sqft), and pay around 32 USD/sqft ($32 USD) on Class A.
Energy and commodities occupiers in Salt Lake City typically cluster in Downtown SLC, plan ~240 sqft per seat at trophy fit-out">fit-out ($220–310/sqft), and pay around 32 USD/sqft ($32 USD) on Class A.
Energy and commodities occupiers in Salt Lake City typically anchor in Downtown SLC. Banking (Goldman Sachs, Wells Fargo, Zions), law firms, professional services.
Class A rent in Salt Lake City runs 32 USD/sqft ($32 USD) on a 7-year lease with 10 months free. Trophy submarkets command a 20–40% premium above the city index.
Typical energy and commodities fit-out targets trophy specification at $220–310/sqft. Bespoke design, signature feature, top-tier MEP and acoustic packages are standard.
Plan around 240 sqft per seat blended (workstation + circulation + amenity). A 100-headcount energy office in Salt Lake City typically targets 24,000 sqft of leasable area.
Trading floors concentrate in CBD trophy product with redundant power and connectivity; engineering teams scale in suburban energy corridors. 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 | Energy and commodities |
| naics | 211, 212, 523130 |
| preferredSubmarket | Downtown SLC |
| preferredFitoutSpec | Trophy |
| fitoutBand | $220–310/sqft |
| sqftPerSeat | 240 |
| 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.