This quarter I wanted to highlight some interesting trends affecting commercial real estate (CRE) markets. While these trends stem from national metrics, they will ultimately affect our local markets and may offer valuable insight to investors, owner/users, developers and tenants who are considering acquisition, disposition, expansion or relocation decisions. Nationally, over the last eight quarters, …
Since the beginning of 2014 until now, the Western Nevada County commercial real estate market, as a whole, has been slowly but steadily tightening and improving. Here’s a summary of 2015 mid-year commercial property review and a breakdown of each property sector: Office Market A notable anomaly to the positive overall trend mentioned above …
National economic indicators related directly to commercial real estate point to a strengthening market this year. However, markets can vary greatly based on even slight changes in geographic location. Here is a look at how Western Nevada County fared in 2014, which will hopefully shed some light on the outlook for 2015. The following information …
In commercial real estate vernacular, Nevada County is classified as a “tertiary” (or small) market. While our local economy has certain unique attributes and economic drivers, it remains dependent on and influenced by what is happening regionally and nationally. For this reason, this article will review current national (macroeconomic) trends in each of the four …