Nov 7 2017

Northern Nevada Office Market on the Slow and Steady Climb

Northern Nevada is growing quickly and many companies moving here are looking for new, 2017 Class A office space. Class A office space represents the newest buildings in the market, with the highest quality construction, finishes and infrastructure.  Tenant benefits associated with class A buildings include that they are conveniently located, have good access, and are professionally managed. Because of the higher end advantages, class A buildings attract high quality tenants and also remain in the top tier of rental rates. Reno is experiencing a shortage in class A office space and an increase in new speculative office buildings are needed to accommodate the many businesses looking to call northern Nevada home.

Mountain View Corporate Center is the first speculative office building to break ground since 2008. The building has customized floor plans, generous tenant improvement allowances, balconies and much more. Mountain View Corporate Center is centrally located, with many amenities offered nearby.  There are 78 restaurants and drinking establishments within a 5-minute drive, making client work meetings and luncheons very convenient.  Mountain View Corporate Center offers access to nearby hotels, shopping and easy freeway access. We are looking forward to accommodating our tenants with a luxurious view and welcoming feeling.

Although the market shows we will continue to see a shortage of Class A office space into mid-2017, our goal is to remain strong and to continue to be attentive and accommodating to our current and future tenants needs and maintain successful relationships. We also look forward to growing and developing more spaces as the northern Nevada market continues to thrive.

This article discusses fluctuation of our local market and the short supply of Class A lease space.   Take a look here.

http://www.nnbw.com/news/real-estate/reno-office-market-on-slow-steady-climb/

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