Industrial

The market is a cheaper alternative for Nevada investors and it is showing significant growth potential.

"When opportunities pop up, we usually have good activity in finding a buyer for them."

The two-building industrial park totaling 142,000 square feet is the first project of its size to come to the market in 15 years.

New companies that have seemingly little to do with commercial real estate are transforming how industrial space is used.

The improved ranking, while praised by local officials, does not change the Trump administration's stance on the stalled $11-billion Gateway Tunnel program, however.

With the exception of retail, the UCLA/Allen Matkins survey for each market predicts 2022 will be as good as or better than 2019, with panelists optimistic about industrial and multifamily projects, and neutral about office product.

These assets are in high demand, but with the strong market, owners are more motivated than ever to sell.

Klee, who held several executive positions at GE, served as GE's vice president of Boston development and operations and led the search for GE's new headquarters and eventual move from Fairfield, CT to Boston.