The signals to office developers to develop are typically simple. Economic growth creates demand for office space, existing buildings begin to fill, rents rise and developers can make new projects pencil out. That’s happening, sort of, across Nevada these days. Vacancy rates in office buildings have fallen to about 12 percent in Las Vegas and about 11 percent in Reno, and … [Read more...] about Office Projects
UNLV Harry Reid Research and Technology Park
Commercial Real Estate in Nevada: Then and Now
Thirty years ago, the Las Vegas Strip was a different Strip than today. Technology companies had yet to discover Nevada. Cell phones were rare. Businesses relied on PBX rooms for their telecommunications and if one part of the system failed, the others continued because everything didn’t depend on an IP framework to run all systems together. Thirty years ago, industrial … [Read more...] about Commercial Real Estate in Nevada: Then and Now