Market Insights Colliers Reno
Colliers Reno


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Market insight is the essential ingredient in all of the services we offer. We monitor trends and make projections to help you make critical decisions. Our researchers continuously source and analyze data in every major global market, helping you adapt to drivers outside your industry and region that could impact your business.

Local Reno Market Research Reports

Reno Industrial Market Research
Industrial Market Finishes Strong in 2017

2017 Q4 | Reno Industrial | Market Report
2017 was another incredibly active year for the Reno/Sparks industrial marketplace. Northern Nevada continues to be on the radar for west coast distribution and manufacturing. Companies and employees alike are staking claims on Nevada soil. Developer and investor activity also remains at high levels; however, certain product seems to be vanishing in terms of low-hanging developer dirt and good investment options.

To read more, download the full Q4 Industrial Market Report.

Reno Office Research Report
Office Market Heats Up as Temperatures Cool

2017 Q3 | Reno Office | Market Report
The office market in Reno continues to tighten with the third quarter posting a positive absorption of 36,041 square feet, rounding out the year-to-date positive absorption at 77,048 square feet. The vacancy rate continues to decline quarter over quarter from 12.3 percent to 11.8 percent, making it the lowest the market has seen post-recession. Construction continues in the Meadowood submarket with McKenzie Properties’ new office building well underway, along with two other medical office buildings going vertical. We anticipate Charles Schwab will kick off the office construction at Rancharrah with their new building that they will occupy, in addition to having available space. Momentum continued into the third quarter and is anticipated to continue through the end of the year, evident by transactions that are scheduled to pencil in the fourth quarter. Several deals have already been announced, including a 29,490 square foot lease at 885 Trademark Drive to PODS for their contact center. Asking rents held steady this quarter at $1.65 per square foot per month full service; however, with vacancy continuing to decrease it is likely that we will see rents rise.

To read more, download the full Q3 Office Market Report.

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