Professionals working in Nevada’s commercial real estate industry are being challenged on all sides. While many of these challenges are not necessarily new, others are projected to impact the industry long-term. Technology is changing the way business is done by creating more efficiencies. While this is surely positive news for an industry that is often encumbered by lengthy … [Read more...] about Industry Focus
CBRE
Searching for the Golden TicketNAIOP Bus Tour 2025
Searching for the Golden Ticket NAIOP Southern Nevada’s Bus Tour Committee is proud to present the 2025 Bus Tour – “Searching for The Golden Ticket”. We look forward to continuing the storied tradition of the NAIOP Bus Tour in our virtual format. Despite some economic uncertainty on the national stage, the Las Vegas real estate market continues to demonstrate remarkable … [Read more...] about Searching for the Golden Ticket
ReD ReportIndustrial Summary: Second Quarter 2025
Northern Nevada By CBRE Research The Reno industrial market was comprised of approximately 116 million SF at the close of Q2 2025. There were three new industrial buildings delivered to the market in Q2 2025, totaling 557,785 SF The construction pipeline had 1.9 million SF underway with another 15.8 million SF in various planning stages. The overall average asking lease … [Read more...] about ReD Report
ReD ReportIndustrial Summary: Fourth Quarter 2024
Northern Nevada By Angel Orozco, CBRE | Reno The Reno industrial market was comprised of approximately 116 million sq. ft. at the close of Q4 2024. There were six new industrial buildings delivered to the market in Q4 2024, totaling 1.0 million sq. ft. The construction pipeline had 2.1 million sq. ft. underway with another 15.5 million sq. ft. in various planning stages. … [Read more...] about ReD Report
NAIOP Southern Nevada2024 Bus Tour
Let the Games Begin! NAIOP Southern Nevada’s Bus Tour Committee is proud to present the 2024 “NAIOPOLY” Bus Tour. Let the games begin! We look forward to continuing the storied tradition of the NAIOP Bus Tour in our virtual format. Even with some economic issues on the national front, the southern Nevada real estate market has continued to show signs of strength … [Read more...] about NAIOP Southern Nevada
ReD ReportIndustrial Summary: Third Quarter 2024
Northern Nevada By Angel Orozco, CBRE The Reno industrial market was comprised of approximately 115 million sq. ft. at the close of Q3 2024. There was one space of 40,000 sq. ft. of new product delivered to the market in Q3 2024. The construction pipeline had 1.7 million sq. ft. underway with another 16.5 million sq. ft. in various planning stages. The overall average … [Read more...] about ReD Report
From Optimistic Beginnings to Realized SuccessSouthern Nevada CCIM
The Certified Commercial Investment Member (CCIM) designation is recognized worldwide as a symbol of excellence in the commercial real estate industry. “CCIM is a prestigious designation. There are several commercial real estate designations out there, but not many that combine the education and experience requirements to obtain that designation,” said Charlie Mack, CCIM, … [Read more...] about From Optimistic Beginnings to Realized Success
ReD ReportIndustrial Summary First Quarter 2024
Northern Nevada By Angel Orozco, CBRE The Reno industrial market was comprised of approximately 114 million sq. ft. at the close of Q1 2024. There was over 2.7 million sq. ft. of new product delivered to the market in Q1 2024. The construction pipeline had over 960,000 sq. ft. underway with another 17.3 million sq. ft. in various planning stages. The overall average asking … [Read more...] about ReD Report
Industry FocusBrokers
There are plenty of unknowns when it comes to the future of commercial real estate in Nevada. From fluctuating interest rates, to ever changing markets, brokers are focused on staying on top of the shifting sand. Recently, a group of brokers met at a roundtable sponsored by City National Bank and held in Las Vegas to discuss the status of commercial real estate in Nevada and … [Read more...] about Industry Focus
ReD ReportIndustrial Summary: First Quarter 2024
Northern Nevada By Angel Orozco, CBRE The Reno industrial market was comprised of approximately 114 million sq. ft. at the close of Q1 2024. There was over 2.7 million sq. ft. of new product delivered to the market in Q1 2024. The construction pipeline had over 960,000 sq. ft. underway with another 17.3 million sq. ft. in various planning stages. The overall average asking … [Read more...] about ReD Report
Industrial SummaryFourth Quarter 2023
Northern Nevada By Angel Orozco, CBRE The Reno industrial market was comprised of approximately 112 million SF at the close of Q4 2023. The market substantially grew in 2023, adding over 7.3 million SF of new inventory across 25 buildings. The construction pipeline remained plentiful, with a variety of projects totaling over 2.5 million SF underway and 16.1 million SF in … [Read more...] about Industrial Summary
Nevada’s Office MarketFlight to Quality
Although the office market in Nevada has been battered by rising construction costs and a high interest-rate environment, experts agree that Class A properties offering the right combination of lifestyle amenities and desirable locations can be successful in this challenging market. Defying the odds by adjusting to market conditions is what successful office developers have … [Read more...] about Nevada’s Office Market
Retail ReinventedThe Changing Face of Commercial Real Estate
Retail is a world that constantly reinvents itself to appeal to newer generations, the latest trends or a fluctuating economy. Today the retail world is completely different than it was at the turn of the century, and that retail was different than the one that came twenty years prior. The last decade has seen consumers begin to climb out of a recession only to be thrust into a … [Read more...] about Retail Reinvented
ReD ReportIndustrial Summary: Third Quarter 2023
Northern Nevada By Angel Orozco, CBRE The Reno industrial market was comprised of approximately 111 million sq. ft. at the close of Q3 2023. The market has substantially grown this year, adding over 6.44 million sq. ft. of new inventory. The construction pipeline remains plentiful, with a variety of projects totaling over 2.8 million sq. ft. currently underway and 16.1 … [Read more...] about ReD Report
Commercial RE ReportIndustrial Summary Second Quarter 2023
Northern Nevada By Angel Orozco, CBRE The Reno industrial market is comprised of 108.3 million square feet (SF). The market has substantially grown over the last five years, adding over 20.5 million SF of new inventory. The construction pipeline remains plentiful, with a variety of projects totaling over 5.8 million SF currently underway and 13.9 million SF in various … [Read more...] about Commercial RE Report