NAI Alliance has recently posted its Fourth Quarter 2012 Investment Market Report. While the overall theme was flat to slow growth, the Northern Nevada market has seen some bright spots during the slow, yet steady, recovery.
An upward trend in transaction volume in Washoe County has been occurring since the low water mark of Q1-2009. Much of this has to do with taxes, both of our neighboring state(s) and federally, being the primary factor for the rapid increase in recent transaction volume in our region.
With new business such as Apple, Biz Chair, and Alfa Aesar moving in, as well as a continued commitment to Northern Nevada by the likes of Henry Schein, Trex, Hamilton Company, Sanofi and others mean that the region is stabilizing and showing conservative signs of growth.
To read the full Investment Market Report, including vacancy rate data and in-depth thoughts on the California to Nevada shift, click here.
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