We Are What We Think

I noted an interesting report lately about an observation that was made of championship Canadian youth hockey teams. It seems that there was an identifiable pattern to the birth months of almost every top player on the teams. How could Canadian babies born in the first few months of the year be the best hockey [...]

Industrial Real Estate Market Status and Forecast

Current Market: Pessimists can point to lackluster statistics through mid year. Optimists can point to glimmers of hope and some upticks in the numbers. Gross absorption was the highest in 6 quarters, with vacancy edging downwards a bit. Clearly the dull national economy continues to influence our local market with Q2 gross absorption of 1 [...]

Make ‘Em Feel Special

This blog entry will be short and sweet.
With the ongoing economic downturn, there is an extreme focus being placed on business efficiencies; how to cut costs, how to do more with less, how to look for new ways to make a buck, etc.. It seems the more we read the more we should be adding [...]

Financial Outlook: June 2009

Submitted by Phil Mahoney
I was fortunate to spend a few days with the financial professionals at J.P. Morgan and get their opinions and outlook for the economy, markets and where we possibly go from here.  I will share what I feel is pretty insightful information, but remember these are my comments taken out of the [...]

Is it safe to go back in the water?

My last Blog entitled “? Storm Clouds Breaking Up ?” was received like ‘SaniHut sail’ that floated ashore to Tom Hanks character in the motion picture Cast Away. Reports of good news is welcome for sure and we’re getting more every month, it seems.
To add another perspective, I found my old notes from an unwritten [...]

? Storm Clouds Breaking Up ?

I would hate to jinx anything here, so I will simply report a few observed facts. The Reno Gazette Journal Business section of 4/10/09 reports the following: “Wells Fargo Reports $3 Billion 1Q Profits”, this is a record first quarter earnings for the bank, surpassing analysts’ estimates. Anticipation is high as other banks report their [...]

Spring ’09 Market Update

Current Market: The short version is: The dull national economy continues to influence our lo-cal market with annual gross absorption of 3.5 million sf; just 70% of annual averages. Vacancy is at an all time high at 13%, leasing activity is down 30%. New speculative construction has ground to a halt. Asking rates on new [...]

Green Rebates in the Stimulus Bill

Submitted by Matthew Miller, LEED AP
The Obama administration’s goal is to greatly amplify the implementation of green technologies and building methods in an effort to create jobs, and reduce our dependence on foreign oil and our impact on the environment.  The Stimulus Bill offers new enticing options in this area to the Industrial sector.

Here are [...]

What we’re seeing in Q1, 2009

This blog has gone dormant for months now. The reason is that we tend to try to accentuate the positives and frankly, there has not been too much good news lately. Except the masterful job of aviation the pilot and crew accomplished in the ditching of his disabled aircraft into New York’s Hudson River last [...]

Fall 2008 Market Update

Current Market: The short version is: The dull national economy continues to influence our local market with vacancy is at an all time high at 12.75%, leasing activity is down and new speculative construction has ground to a halt. While asking rates on new space have maintained level, firms moving into the area are finding [...]