Nevada Business Magazine about the rebounding Northern Nevada commercial real estate industry. Colfer, who is also President of the Northern Nevada CCIM chapter, shared her thoughts on the strategies businesses must use when considering whether to buy or lease a commercial property for their business objectives.
Colfer said it’s also about getting greater control over the costs of real estate, as opposed to leasing where market conditions could lead to higher rental costs. Another benefit to buying is tax purposes and asset appreciation.Colfer also shared her thoughts on the evolving market conditions by reflection on 2015 and what it will mean for the industry as it moves through 2016.
“Our market has tightened up,” Colfer said. “Company executives looking to buy or lease should make sure they give themselves enough time. They need to start earlier than they think when it comes to looking for space.”Click here to view the entire story, which originally appeared in the Nevada Business Magazine.]]>