Available Space for Retail and Office in the Reno/Sparks Metro Place

nd quarter of 2011 there are 103 listings representing about 275,000 sq ft. In the time from late 2007 to today, leasing prices over all have dropped from $19.25 for offices down to today’s average leasing of $14.50 or a decrease of close to 25%. As about where we are going to be in a year or five years is difficult to determine.   To some it looks like things might be turning around, others look at long trends and believe we are going to be in this situation for at least five years or more.  To me, it looks like the down trends seem to be slowing and I look for a turnaround and a slow recover in early 2012.]]>