Coldwell Banker Premier Realty

Commercial Real Estate Briefing

Improving Conditions
Posted by John McClelland on October 23, 2014 in  Downtown Summerlin  Howard Hughes  Industrial  Las Vegas Commercial Real Estate  Prologis
Each sector of the commercial real estate market was severely impacted by the recession and it has been a long grind from the bottom. Things have improved substantially since, with some recent noteworthy improvements in occupancy rates and some bumps in asking rents. In addition, supporting fundamentals look far better than just a short time ago. As a result some end-users and investors are again interested in the local market and we have observed a lot of convexity in price, although some prices remain below repla... read more
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