Northern Nevada By Angel Orozco & Dan Buhrmann, CBRE The Reno industrial market finished the quarter with strong market fundamentals, posting the eleventh consecutive quarter of positive net absorption. Record low vacancy and availability rates, along with the rise of pre-leasing activity continues to entice both local and national investors. Average asking lease … [Read more...] about Commercial RE Report
Dan Buhrmann
Commercial RE Report: Industrial SummaryFirst Quarter 2022
Northern Nevada By Angel Orozco & Dan Buhrmann, CBRE The Reno industrial market turned in healthy market fundamentals in Q1 2022, posting the tenth consecutive quarter of positive net absorption. Vacancy decreased quarter-over-quarter, closing Q1 2022 at 0.7 percent, the lowest on record. Availability rates followed suit, dropping to 1.7 percent. Average asking … [Read more...] about Commercial RE Report: Industrial Summary