Anne Knowles
aknowles@nnbw.biz

Retail rebound coming on heels of industrial growth

The commercial real estate market in Carson City is beginning to bounce back, led by increasing demand for retail space, a more stable industrial sector and an office segment that’s likely to stir back to life later this year. “Industrial picks up first. Then those workers stimulate demand on retail,” says Brad Bonkowski, a broker at Coldwell Banker Commercial Premier Brokers in Carson City. “It’s a normal cycle. Later this year, we’ll see the office as the last segment to come around.” Vacancy rates for industrial property in the capital area have dropped to 8 percent, a healthy, balanced market. …

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The Nevada Appeal Updated Jul 31, 2013 12:47AM Published Jul 31, 2013 12:47AM Copyright 2013 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.