Four Reasons CRE Investors Should Consider Salt Lake City

At the turn of the century, Goldman Sachs opened a small outpost in the University of Utah Research Park in Salt Lake City. Originally housing a mere 100 workers, the office has proven to be a major launching pad for the investment banking giant’s presence in The Beehive State.

By the end of last year, Goldman Sachs’ Salt Lake-based workforce had ballooned to 2,700, making it the firm’s fourth-largest branch. “What we’re finding…is that there’s a huge population of people who want the global investment bank experience but don’t necessarily want to work in New York or San Francisco,” explains Salt Lake City Office Director of Operations David Lang. “They want the professional experience of working for a global investment bank, but they want the lifestyle associated with Utah.”