Reno NV Q3 Industrial Market Status and Forecast0

Posted by Thomas Miller, CCIM

Northern Nevada Q3 Industrial Market Status and Forecast
Northern Nevada 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 more balanced market.

For more information, please contact Miller Industrial Properties, Reno NV.
www.MillerIndustrialProperties.com

Commercial Real Estate for Sale in Reno NV
Northern Nevada Q3 Industrial Market Status and Forecast

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About the Author

Thomas Miller, CCIM

Thomas Miller, CCIM is the president and broker of Miller Industrial Properties in Reno, Nevada. He has worked in industrial real estate since 1991, with 15 years of previous experience designing and building industrial warehousing and manufacturing facilities in the northern Nevada market. Contact Tom at tom@mipnv.com or 775-742-9891.

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