The industrial real estate market has been crucial to the economy throughout the coronavirus pandemic as its stability has been driven by demand from e-commerce companies as consumer spending habits have shifted away from brick-and-mortar retail to online. That shift may be permanent as Nevada’s economy begins to recover from the pandemic. But some brokers believe retail … [Read more...] about Industrial Submarket
Reno Land Company
Commercial RE ReportIndustrial Summary: Fourth Quarter 2020
Northern Nevada By CBRE Reno The northern Nevada industrial market finished off a strong year by recording the largest year-to-date net absorption total since 2016. The fourth quarter of 2020 recorded 1.2 million square feet of positive net absorption, pushing the year-end total to 4.3 million square feet. Overall, the market had strong leasing activity throughout the … [Read more...] about Commercial RE Report