Intelligence

Commercial Real Estate INSIGHTS

Coldwell Banker Commercial® is a unique force in the real estate industry commanding a global presence, a local power and backed by one of the most respected names in the industry. We pair our expertise of market dynamics with a wide range of brokerage services including sales, tenant representation, leasing, property management, mergers and acquisitions across a wide array of property segments and specialties from retail, office, industrial and self-storage businesses to agriculture, land and student housing.

Find the information you need to make informed commercial real estate decisions with up-to-date insights and the latest commercial real estate news. Our Coldwell Banker Commercial brokerage professionals provide invaluable, game-changing advice for businesses, identify real estate opportunities that others might overlook and offer creative solutions and sound business sense in an ever-changing environment. For more information, contact one of our specialists today.

COLDWELL BANKER COMMERCIAL® REPORTS

Insights: Land Sales Trends

Insights: Land Sales Trends

The U.S. economy entered a recession in February, 2020, per the National Bureau of Economic Research. Commercial real estate development typically slows during a recession because developers do not want to incur the holding costs of land parcels if there is not an expected demand for new product.

Insights: Student Housing 2020

Insights: Student Housing 2020

The main uncertainty in the student housing sector is COVID-19’s impact on the 2020-2021 school year’s leasing. There is a variety of factors which make the student housing occupancy outlook uncertain.

COLDWELL BANKER COMMERCIAL® REPORTS

Insights: Landlord Employer Liability

Insights: Landlord Employer Liability

The ongoing coronavirus pandemic raises the question of whether landlords with leased properties can be held liable for injuries sustained when someone contracts COVID-19 at the premises.

Opportunity Zones & Taxes

Opportunity Zones & Taxes

What are Opportunity Zones? The real estate industry is buzzing about this new program which allows private investment in country’s distressed communities. CBC brings you a quick overview to help you understand what they are and how investors can use them for their benefit.

Regional Summaries

Select a state to view available market snapshots

Las Vegas, NV

Apartment
Vacancy in the Las Vegas apartment market ended 2018 at just 4.2%, up 100 basis points from a year earlier. The first quarter of 2019 followed with no new completions and net absorption at negative 81 units, not enough of a loss in occupancy to alter the vacancy rate. At $1,112 and $1,072 per month, asking and effective averages for the first quarter of 2019 were up 1.1% each for the period. VIEW APARTMENT LISTINGS >
Office
The Las Vegas general purpose, multi-tenant office market vacancy rate closed the first quarter of 2019 at 23.9%, unchanged from the quarter before, following an increase of 40 basis points through 2018. At $25.20 psf and $19.28 psf, asking and effective averages for the first quarter, low by the norms of national major markets, were up 0.3% each for the period after the increases of 1.8% and 1.9% recorded for 2018. VIEW OFFICE LISTINGS >
Retail
The first quarter 2019 vacancy rate in the Las Vegas community-neighborhood shopping center market was relatively elevated at 13.2%, up 10 basis points for the period following a 20-basis-points decline through 2018. At $22.54 psf and $19.05 psf, first quarter average asking and effective rents for local community-neighborhood center space represented gains of 0.9% and 1.0% for the period following increases of 0.9% and 1.0% through all of last year. VIEW RETAIL LISTINGS >

Source: Data provided by Reis, Inc. based on Market Summaries for the 85 Primary and Secondary Markets they cover.

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