Consistent Demand for Reno Retail Space Keeps Availability Rates Low

Reno’s retail availability rate has been hovering below 6% since the first quarter of 2021. The market has not recorded availability rates that low in more than 15 years, dating back to the fourth quarter of 2007. Coming out of the pandemic, occupier demand has shifted. More experiential, discount and home improvement users have begun taking space.

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