Northern Nevada By Stephen Delgado, CBRE | RENO The Reno industrial market was comprised of approximately 120 million sq. ft. at the close of Q4 2025. There were four new industrial buildings delivered to the market in Q4 2025, totaling 1.7 million sq. ft. The construction pipeline has halted with nothing underway while 15.8 million sq. ft. sits in various planning stages. … [Read more...] about Industrial Summary
Monthly Editorial Departments
Business IndicatorsFebruary 2026
The federal government shutdown continued to affect several economic data series at the end of 2025 as a result of missing October values. The U.S. Department of Justice opened a federal investigation of Fed Chair Powell, raising concerns about the Fed’s ongoing independence. Chair Powell for the first time responded to the political pressure in written and televised … [Read more...] about Business Indicators
ReD ReportRetail Summary Third Quarter 2025
Northern Nevada By Gary Tremaine, Dickson Commercial In Q3 2025, retail investment in Washoe County posted another strong quarter, with transaction volume reaching $101,439,945, reflecting a sharp increase from the previous quarter. Activity was driven by sustained demand from both investors and owner-users, underscoring continued confidence in the local retail market. … [Read more...] about ReD Report
Business IndicatorsJanuary 2026
The federal government shutdown that began in late 2025 continues to delay the release of major national economic data, including third quarter real GDP and October employment data. Available indicators show real GDP grew 3.8 percent in the second quarter, supported by steady spending. Labor market conditions softened in September, with employment up 119,000 jobs and the … [Read more...] about Business Indicators
Around the StateDecember 2025
Boys & Girls Club Nevada Partners with DETR The Nevada Alliance of Boys & Girls Clubs has announced a partnership with the Nevada Department of Employment, Training and Rehabilitation (DETR) for workforce development. The partnership will support a statewide expansion of early learning centers and after school programs by engaging young adults, aged 18 to 24, in … [Read more...] about Around the State
ReD ReportOffice Summary: Third Quarter 2025
Northern Nevada By Reed Backstrom, Colliers Reno Northern Nevada’s office market tightened further in the third quarter, reaching a vacancy rate of 8.7 percent, the lowest level seen in 20 years. This milestone reflects steady absorption and limited new supply, even as economic uncertainty continues to shape tenant decisions. Leasing activity totaled 172,458 square feet, … [Read more...] about ReD Report
Business IndicatorsDecember 2025
The ongoing federal government shutdown has delayed several key data releases, including third quarter real gross domestic product (GDP), September employment figures, among others. Real GDP grew at an annualized rate of 3.8 percent in the second quarter of 2025, supported by consumer spending and lower imports. August employment held steady at 159.54 million, up 0.9 percent … [Read more...] about Business Indicators
ReD ReportIndustry Summary: Third Quarter 2025
Northern Nevada By Stephen Delgado, CBRE | Reno The Reno industrial market was comprised of approximately 118 million sq. ft. at the close of Q3 2025. There were three new industrial buildings delivered to the market in Q3 2025, totaling 976,480 sq. ft. The construction pipeline has 1.6 million sq. ft. underway with another 15.8 million sq. ft. in various planning stages. … [Read more...] about ReD Report
Business IndicatorsNovember 2025
The U.S. economy expanded moderately for the period. Real gross domestic product (GDP) increased at an annualized rate of 3.8 percent in the second quarter of 2025, driven by consumer spending and a decrease in imports. August employment rose by only 22,000 jobs, remaining essentially unchanged from the previous month, and up just 0.9 percent from a year earlier. The … [Read more...] about Business Indicators
Around the StateOctober 2025
NSF Addresses STEM Teacher Shortages A five-year National Science Foundation (NSF) award for over $775,000 is accelerating efforts to address Nevada's rural STEM teacher shortage. Nearly 90 percent of Nevada's school districts are classified as rural and face persistent challenges in attracting and retaining STEM educators. The award is called the Robert Noyce Teacher … [Read more...] about Around the State
Smart Policy, Strong Economy What Lawmakers Did Right
Despite some ham-handed market interventions by lawmakers in the 83rd legislative session, its aftermath also included the passage of several business-friendly bills. These laws ease red tape and barriers to market entry. This is a clear win not only for Nevada entrepreneurs and small businesses, but also for workers who will benefit from the opportunity that results from … [Read more...] about Smart Policy, Strong Economy What Lawmakers Did Right
ReD ReportRetail Summary: Second Quarter 2025
Northern Nevada By Gary Tremaine, Dickson Commercial As we moved through Q2 2025, retail investment in Washoe County saw a notable surge, with transaction volume reaching over $75 million and marking a strong increase from the previous quarter. Single-tenant sales in Washoe County remained strong through Q2 2025, accounting for 76.47% of total retail transaction volume for … [Read more...] about ReD Report
Business IndicatorsOctober 2025
Real gross domestic product (GDP) increased at an annualized rate of 3.3 percent in the second quarter of 2025, supported by consumer spending and a decline in imports following recent surges in anticipation of tariffs. U.S. nonfarm employment added only 22,000 jobs in August, remaining nearly flat since April. Employment only rose 0.9 percent from last year. The unemployment … [Read more...] about Business Indicators
ReD ReportOffice Summary: Second Quarter 2025
Northern Nevada By Reed Backstrom, Colliers Reno Despite a slight decline into negative absorption in the first quarter, Reno's office market demonstrated a modest recovery in the second quarter, indicating signs of stabilization and a return to positive demand. Submarkets with a larger inventory of Class A properties continued to experience growth in rents and an increase … [Read more...] about ReD Report
Business IndicatorsSeptember 2025
Real gross domestic product (GDP) increased at an annualized rate of 3.0 percent in the second quarter of 2025. The gain was driven by consumer spending and falling imports, which had surged in the prior quarter ahead of anticipated tariffs. Seasonally adjusted U.S. nonfarm employment only added 73,000 jobs in July, with revisions showing 258,000 fewer jobs than previously … [Read more...] about Business Indicators