Reno Industrial Market Report
By PropZone Research · Data through Q1 2026 · Aggregated from Cushman & Wakefield, Colliers, Lee Associates
Quarterly industrial market indicators for Reno, aggregated by PropZone from Cushman & Wakefield, Colliers, Lee Associates. As of Q1 2026, average asking rent was — with a 13.4% vacancy rate.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | — | 13.4% | 0K SF | — | Cushman & Wakefield |
| Q4 2025 | — | 14.6% | 0K SF | — | Cushman & Wakefield |
| Q3 2025 | — | 12.3% | 0K SF | — | Cushman & Wakefield |
| Q4 2020 | — | 5.8% | 0K SF | 0K SF | Cushman & Wakefield |
| Q3 2020 | — | 3.8% | 0K SF | 659K SF | Cushman & Wakefield |
| Q2 2020 | — | 11.2% | 0K SF | 0K SF | Cushman & Wakefield |
| Q4 2019 | — | 5.0% | 0K SF | — | Cushman & Wakefield |
| Q4 2019 | — | 3.5% | 2K SF | — | Colliers |
| Q3 2017 | — | 11.2% | 4.7M SF | — | Lee Associates |
How the brokerage sources compare
For Q4 2019, the brokerages PropZone aggregates for Reno industrial did not fully agree. On vacancy, the sources span 1.5 points — from 3.5% (Colliers) to 5.0% (Cushman & Wakefield). PropZone reconciles these into a single consensus median rather than relying on any one brokerage.
| Source | Vacancy | Asking rent | Cap rate |
|---|---|---|---|
| Colliers | 3.5% | — | — |
| Cushman & Wakefield | 5.0% | — | — |
Per-brokerage figures for Q4 2019, aggregated from published brokerage market reports.
Frequently asked questions
- What is the average asking rent for industrial space in Reno?
- PropZone aggregates industrial asking-rent data for Reno from major brokerage market reports; see the quarterly table for the latest available figures.
- What is the industrial vacancy rate in Reno?
- The industrial vacancy rate in Reno was 13.4% as of Q1 2026 (Cushman & Wakefield).
- Where does PropZone's Reno market data come from?
- This report aggregates quarterly industrial market data for Reno from Cushman & Wakefield, Colliers, Lee Associates.
- How much do brokerage estimates differ for industrial space in Reno?
- For Q4 2019, the brokerage sources PropZone aggregates for Reno did not fully agree. On vacancy, the sources span 1.5 points — from 3.5% (Colliers) to 5.0% (Cushman & Wakefield). PropZone reconciles these into a single consensus median rather than relying on any one brokerage.
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