Northern Nevada’s Industrial Real Estate Report for Q2 2016
From the report:
“Are we witnessing the ‘Tesla Effect?’ In the fall of 2014, Tesla selected Nevada for its battery plant, currently still under construction east of town. In December of 2014, I published a blog post about the Tesla Effect: ‘My estimate is that by Q2 or Q3 of 2015, we will in fact be able to point to an escalating impact on our northern Nevada industrial real estate market.’
This issue of the Market Advisor features a new graphic designed to better indicate the level of industrial real estate vacancy in our reporting area with more clarity regarding the constantly shifting balance of supply, demand and rent rates based on vacancy.
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