2018 Ends On A High Note
The Northern Nevada Industrial Market finished strong in 2018 with healthy absorption numbers. Gross and net absorption posted 1.2 million and 675,775 square feet, respectively, bringing the 2018 total gross absorption to 5.6 million square feet and net absorption to 2.2 million square feet. Inventory remains limited, especially in the smaller size ranges, as evident by the year ending at 5.67 percent vacancy rate.
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