The long-languishing market for industrial property in much of Northern Nevada — including the Carson City and Carson Valley region — is quickly turning from bear to bull.
Inventory in Carson Valley is dwindling, according to Chad Coons, president/broker with Gillmor Coons Real Estate Group in Genoa.
“Nobody has ever tracked absorption or vacancy, so hard to give an accurate figure,” says Coons. “Space under 10,000 square feet is getting very limited, which could mean more build to suit. Space above 20,000 to 100,000 square feet still has inventory but it’s starting to tighten.”
Coons says the area doesn’t have …