Weekly Market Insight 1.25.2012 Inflation remains subdued despite an uptick in recent economic indicators such as the labor market, industrial production and even residential construction. The consumer price index was flat in December for a second consecutive month while core prices, which exclude food and energy, rose just 0.1 percent. On a year-over-year basis (see chart), the CPI rose 3.0 percent from December 2010 while core inflation was 2.2 percent, right around the Federal Reserve’s informal comfort range of 2 percent. Even with the improving economy, long-term inflation expectations are low according to the Cleveland Federal Reserve, which says that the public expects inflation to average just 1.39 percent annually over the next 10 years. Low levels of inflation and expected inflation during a period when the economy is improving will provide cover for the Federal Reserve to keep interest rates low and monetary conditions accommodative at least through next year. For...

Good News Friday 01.27.2012 We interrupt the regularly scheduled edition of Good News Friday to bring you breaking news: Earlier today, Grubb & Ellis released the second phase of its 2012 Forecast consisting of expanded fourth quarter local market reports summarizing 2011 and previewing market conditions for 2012. You’ll find the latest Market Trends reports alongside our National Commercial Real Estate Forecast, which was released earlier this month. Now, back to our regularly scheduled good news. Click here to view my recent essay in Commercial Property Executive explaining why cap rates are set to fall further in 2012. Have a great weekend. Best regards, Bob Robert Bach SVP, Chief Economist Grubb &...

Ventana Pointe Residential land located at the base of Peavine Mountain with fantastic valley and mountain views. Approved SPD known as Ventana Pointe allows for 70+/- single family homesites along with significant open space. Located in West Reno at the base of Peavine Mountain. The two access points to the property are via Peavine Valley Road and Sandestin Drive. Asking Price: $588,000 Click Here for more information. Contact our land experts for more information: Mark Krueger | 775.332.7303 | mark.krueger@grubbellisreno.com Chris Coombs | 775.332.7319 |...

The Third Quarter 2011 Industrial Market Trends are Here! Click the image below to download the market trend report  provided by the Industrial Division here at Grubb & Ellis|NCG.       For more information please contact: Greg Shutt, SIOR, LEED-AP 775.332.2800 greg.shutt@grubbellisreno.com Chris Fairchild, CCIM 775.332.2800 chris.fairchild@grubbellisreno.com David Schuster, SIOR,...