Northern Nevada By Dickson Commercial Group Retail had another strong quarter with Q2 total sales at nearly $48 million over 23 total sales. The average price per square foot in the first quarter was $356.76 with two sales over $1,000 per square foot. No neighborhood centers have traded hands in the first two quarters of 2021. The market has limited inventory and … [Read more...] about Commercial RE Report: Retail Summary
CoStar
Office Summary: Third Quarter 2016
Southern Nevada Las Vegas Valley’s speculative office vacancy rate in Q3, 2016 declined 0.2 points to 20 percent from Q2, 2016. Compared to Q3, 2015, the office vacancy rate is up 0.2 points, from 19.8 percent. Vacancy rates ranged from 15 percent for Class C space to a high of 28.2 percent for Class A space at the end of Q3. In terms of the trend, the Office market continues … [Read more...] about Office Summary: Third Quarter 2016