Financial Instability and The Investment Real Estate market

Recent news articles and reports from national publications have noted the effects of our national financial insecurity on the real estate investment market. This is my accumulated take on these reports.
It seems that as 2007 closed out, pretty much everyone has come to accept that the huge sub prime lending market issue and the housing [...]

After-market parts company moves distribution to Sparks

Article from the Northern Nevada Business Weekly:
After-market parts company moves distribution to Sparks
NNBW Staff, 1/28/2008
“Crown Automotive Sales Company, Inc. will open a distribution center next month in a 19,600-square-foot portion of a 435,000-square-foot building at 750 Greg St. in Sparks. Crown Automotive distributes replacement parts for Jeeps and SUVs. The company chose to close its [...]

Guest post on Mortgages by Phil Mahoney, CFP

What started last summer as, I think, a relatively small, contained problem of overly easy lending standards for “subprime” mortgages has turned into a bout of what I view as indiscriminate selling unjustified by the fundamentals.  So far this year equity markets around the world have experienced sizable losses.  The big drops overseas on Monday [...]

Sparks Sub Market update

The Reno – Sparks Industrial Market is subdivided into sub-markets. Various brokerages tend to use slightly varying definitions, but they are generally conidered to be: North Valleys, Sparks, Airport, South Reno, Central and West Reno, East I-80 Corridor. These areas are seperate and unique in terms of location but additionally in terms of the type [...]

Market Status & Forecast – Reno – Sparks, Nevada and surrounding markets

Current Market: The local industrial market grew a huge 9% during 2007, to 68,500,000 sf. The net absorption continued to slow during the second half of 2007. With new construction and vacancies in existing space on the rise, the vacancy rate ended 2007 at just over 9%, almost double as compared to the start of [...]