Reno NV Q3 Industrial Market Status and Forecast

Northern Nevada Q3 Industrial Market Status and Forecast (PDF) Lease Rates: Rates and concessions are still stable for now will rise as Class A continues to fill. Construction: Two new projects totaling 650,000 SQ FT. Vacancy: Positive absorption but at a slow pace. Outlook: 2011 is expected to produce modest results slowly moving toward a [...]

Northern Nevada Industrial Market: A softening market in 2007

The Industrial real estate market in Northern Nevada is experiencing a cooling. This trend started in the earlier quarters of the year and has continued through this fall. The year started with a low vacancy rate; about 5%. By year end, we expect to be at about a 10% vacancy. Market balance, adequate inventory for [...]