SellingNorthernNV

Quality Real Estate News and Market Data

Commercial Statistics: High vacancy rates in Reno/Sparks equals declining values

Josh Talayka | September 26, 2010

In some parts of town, it is now possible to find office space leasing for as little as $1.15/ft. As a result, we have seen building values decline as much as 50% in some areas of Reno / Sparks since 2007.