Herriman, Utah: A Premier Destination for Commercial Real Estate

Introduction

Herriman, Utah, is increasingly recognized as a thriving hub for commercial real estate (CRE) investment. Located in the rapidly growing Salt Lake County, Herriman boasts a diverse economy that supports various industry clusters, including technology, logistics, and retail. With a strategic position that offers easy access to major transportation networks and a supportive business environment, Herriman is an attractive destination for CRE professionals seeking opportunities in office, industrial, and retail spaces.

Economic and Industry Overview

Herriman's economy is characterized by its robust technology and logistics sectors, which are key drivers of demand for commercial properties. The city's proximity to Salt Lake City enhances its appeal as a strategic location for businesses seeking industrial and office spaces. Furthermore, regional economic development initiatives, such as the Salt Lake County Economic Development, aim to foster innovation and growth, further bolstering the CRE market in Herriman.

Strategic Location and Transportation Infrastructure

Herriman benefits from its strategic location near major transportation corridors. The city is accessible via several key highways, including I-15 and Bangerter Highway, facilitating efficient distribution and logistics operations. Additionally, the nearby Salt Lake City International Airport provides global connectivity, making Herriman an ideal location for companies requiring both local and international reach. For more information, visit the Utah Department of Transportation.

Commercial Real Estate Inventory & Zoning

The commercial real estate landscape in Herriman is diverse, with significant submarkets including the central business district and industrial corridors. Key asset classes in the city include industrial, retail, and office spaces. Recent zoning changes have introduced incentives for developers, promoting mixed-use and sustainable development. To explore further, access the Herriman City Zoning Maps.

Major Employers and Institutions

Herriman hosts several major employers and institutions that drive CRE demand. Notable employers include local tech firms, logistics companies, and educational institutions. The presence of these organizations not only boosts the local economy but also increases demand for office and industrial spaces. For a comprehensive list of major employers, visit the Herriman Economic Development.

Notable Commercial Developments & Projects

Herriman is home to numerous large-scale commercial developments, including mixed-use projects and innovation parks. These projects often involve public-private partnerships and are located within designated Opportunity Zones, offering additional incentives for investors. For detailed information on these developments, visit the Herriman City Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, Herriman offers a range of planning and development resources. Key links include:

• Building and Safety Department
• Permitting Portal
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Herriman's market data and economic reports are accessible through public datasets such as census.gov and the city's open data portal. Brevitas utilizes AI-powered aggregation to provide comprehensive insights into the local CRE market. Explore Brevitas-powered dashboards for Herriman to uncover valuable market intelligence.

Why Use Brevitas for Herriman, Utah CRE?

Brevitas stands out as the premier CRE marketplace for Herriman, Utah, offering:

• AI-driven CRE discovery
• Real-time market alerts
• Smart property pages
• Dealroom collaboration

Unique features include auto-generated listing pages, email and landing page tools, integration with brokers and developers, and exclusive listings with premium exposure. Discover unparalleled opportunities in Herriman's CRE market with Brevitas.