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Archive for August, 2006

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Land Auction Slow

Friday, August 4th, 2006

The latest Bureau of Land Management (BLM) sale sold only 27 acres of federal land in southern Nevada for a total of $11 million. Sixty parcles were up for auction, but only 9 sold. BLM officials do not believe it is a sign of a slowing market, but of overpriced appraisals and […]

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Office Space Remains At Premium

Tuesday, August 1st, 2006

The current numbers on vacancy rates and office space are mixed. High-quality Class A is in high demand while Class B lags behind.
High-quality office space showed only a 4.9% vacancy rate during the second quarter of 2006, however, the vacancy rate for all classes increased to 9.4%. According to Applied Analysis, 169,000 square […]

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