The Ball Keeps Rolling
Vacancy for the quarter dropped down to 6.38 percent due to a large reallocation of vacant product within the Kmart building. Per the write up in the report, some significant capital improvements to the property will leave 1,182,809 square feet as un-leasable product through the third quarter of 2018. This will be removed as vacant product and give the vacancy rate a more accurate depiction of the market.
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2017 Q3 Reno Industrial Market Research Report
Author: Fay O'Neil
Date Published: 11/03/2017