Northern Nevada’s office market fundamentals showed resilience at the close of Q3. - Vacancy dropped to 8.7%, a record low - Net absorption of 34.7k SF marked a second consecutive quarter of positive occupancy gains - Overall availability rate increased 50 basis points during the quarter to 9.1% but was still 200 basis points below a year ago - Overall asking lease rates held steady at $1.79/SF (FSG) At the end of Q3, the office asset class experienced a sales volume of $91.7 million, surpassing the total annual sales volume recorded at the conclusion of the previous two years. Regional cap rates hovered around $6.50%. During its most recent meeting on September 17, the Federal Reserve reduced the federal funds rate by 25 basis points, with additional reductions expected at future meetings.
Northern Nevada office market sees record low vacancy, steady rates
More Relevant Posts
-
Avison Young's Q3 2025 U.S. office report has just been released. A few takeaways: U.S. office leasing activity is still below pre-COVID norms, but trophy assets are outperforming and gateway markets are heating up. Markets like hashtag #Manhattan, hashtag #SanFrancisco and hashtag #Boston experienced notable growth over the past year, with leasing volumes for trophy assets now exceeding pre-COVID levels by nearly 13%. Availability dropped again in Q3, continuing a five-quarter tightening streak. More than 80% of tracked markets have seen a tightening in supply over the last year. The pace of recovery continues to vary widely by location and quality of assets. Explore the full insights in our Q3 2025 U.S. Office Market Report. https://lnkd.in/e9QWQFyA
To view or add a comment, sign in
-
Avison Young's Q3 2025 U.S. office report has just been released. A few takeaways: U.S. office leasing activity is still below pre-COVID norms, but trophy assets are outperforming and gateway markets are heating up. Markets like #Manhattan, #SanFrancisco and #Boston experienced notable growth over the past year, with leasing volumes for trophy assets now exceeding pre-COVID levels by nearly 13%. Availability dropped again in Q3, continuing a five-quarter tightening streak. More than 80% of tracked markets have seen a tightening in supply over the last year. The pace of recovery continues to vary widely by location and quality of assets. Explore the full insights in our Q3 2025 U.S. Office Market Report. If you’d like to discuss the trends shaping the office sector, lets connect! #AYdifference #office #datanalytics https://lnkd.in/e9QWQFyA
To view or add a comment, sign in
-
Office Market Recovery Signals in Texas The Texas office market is showing encouraging signs of recovery. Transaction volumes are rising, new supply remains limited, and demand for high-quality office properties continues to strengthen. Cities such as Dallas–Fort Worth and Houston stand out with healthy leasing activity and resilient market fundamentals. These dynamics point to increasing stability and renewed potential for value creation in the office sector. For investors, this segment presents an opportunity to benefit from long-term growth in a market supported by a diverse economy and population growth. Buligo Capital regards these trends as strategic forces that are continuously shaping the U.S. real estate market. *The information provided above is for general informational purposes only and does not constitute investment advice, investment marketing, a public offering, or a solicitation to purchase securities .
To view or add a comment, sign in
-
-
Portland’s Office Market Sinks to Historic Lows as Vacancy Reaches All-Time High - https://lnkd.in/ghTtwhqe Leasing activity plummets while opportunistic investors circle distressed assets in a market transformed by remote work and economic headwinds Portland’s commercial office market has entered uncharted territory, with direct vacancy rates climbing to an unprecedented 15.2 percent in the third quarter of 2025, according to data released by commercial real estate firm Kidder Mathews. The […]
To view or add a comment, sign in
-
Charlotte’s office sector is showing both resilience and recalibration. 📈 Deliveries are up 177% year-over-year. 🏢 Vacancy remains below the U.S. average, and sales volume is climbing. What does this mean for investors, developers, and tenants? Find out in the latest office report from CPE: https://lnkd.in/eP5Snc8M
To view or add a comment, sign in
-
-
Report: Portland Office Vacancy Hits Record 26.6% as Market Sheds 306,000 SQFT in Q3 - https://lnkd.in/gBSxtJ28 With leasing down and landmark assets like US Bancorp Tower trading for $45 million, Portland’s office sector faces its weakest demand on record The Pacific Northwest’s office market continues its post-pandemic reckoning, and Portland stands as one of the starkest examples of how remote work and corporate downsizing have reshaped commercial real estate. According to […]
To view or add a comment, sign in
-
Houston’s office market remains tenant-favorable, with vacancy edging higher as leasing activity slows. • Vacancy reached 20.3%, with absorption at -412,000 SF over the past 12 months. • Asking rents dipped to $29.95/SF, down 0.5% year-over-year. • Sublease space continues to rise, now accounting for 2.5% of total inventory. See the full report for insights on rent trends, capital markets, and submarket performance. View or download the Q3 Office Market Report: https://lnkd.in/gwdJVdEs #HoustonOffice #OfficeMarket #TenantRep #BuyerRep Steve White Ryan Hartsell, SIOR, MRE Chase McAteer, SIOR D. J. Hale, Member Associate SIOR Nathan Buckhoff Stephen Hazen CCIM Garth Plyler Tana Frnka Paul Viers Jonathan Wachsmann Matt Rogers, SIOR Perry J. Mazzone, CPA Vincent Vega Sam Marnoy
To view or add a comment, sign in
-
-
Office Sales Up 42% As Investors Shift From 'Office Curious’ To 'Office Serious' "Deals valued at $100M or more jumped 130% year-over-year in the first half of 2025 as investors chased higher-quality office buildings amid more available debt, according to CNBC. In a separate Q2 report, JLL said 34 trades at $100M or more occurred in the first six months of the year. Those sales totaled $7.6B. The same period last year only saw 15 sales at that level, comprising $3.4B." https://lnkd.in/gJPrMhT9
To view or add a comment, sign in
-
More distress: office or apartments? It's complicated... Office vacancy rates are 20%+, values are down 50%+, and delinquency rates are higher than the GFC. Apartments have been more of a slower burn, but total estimated distress in apartments exceeds total office distress. Key question: will 'potential' distress turn into actual distress? [Consistently impressed with MSCI's real estate insights.]
To view or add a comment, sign in
-
-
Our latest Quarterly Market Update is now available! Explore the ever-changing dynamics of #CenterCity's office market. From leasing activity to office occupancy, we provide a comprehensive overview of both the economic landscape and the experiences of our downtown workers. 3 key takeaways within CCD boundaries: 📈 84 leases signed through Q3 2025 YTD 🏙️ Q3 2025 office occupancy 77.3% - down 0.1% QoQ 🏢 August 2025 RTO rate: 68% - down 6% MoM & 1% YoY To learn more about these trends, read the full report: https://bit.ly/4gP1ZmL
To view or add a comment, sign in
-
Explore content categories
- Career
- Productivity
- Finance
- Soft Skills & Emotional Intelligence
- Project Management
- Education
- Technology
- Leadership
- Ecommerce
- User Experience
- Recruitment & HR
- Customer Experience
- Real Estate
- Marketing
- Sales
- Retail & Merchandising
- Science
- Supply Chain Management
- Future Of Work
- Consulting
- Writing
- Economics
- Artificial Intelligence
- Employee Experience
- Workplace Trends
- Fundraising
- Networking
- Corporate Social Responsibility
- Negotiation
- Communication
- Engineering
- Hospitality & Tourism
- Business Strategy
- Change Management
- Organizational Culture
- Design
- Innovation
- Event Planning
- Training & Development