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 …
More Mixed Signals On one hand, I am happy to report that our phones have been ringing “off-the-hook” as the third quarter of 2014 comes to a close. To summarize the commercial real estate activity-Q3 2014, total transaction volume is continuing to climb, which signifies a warming and healthier market. On the other hand, lease …
Two months ago we looked at commercial leasing activity including current vacancy rates and average rental rates for three primary product types – office, retail and industrial. This month, we examine sales activity for the same property types. I have expanded this analysis back to 2007, the last year of economic growth prior to the …