NAI Alliance is a full service commercial real estate company with years of collective experience in office, industrial, retail, land, multi-family and investment brokerage and commercial property management - more than any other commercial brokerage in the Reno and Northern Nevada area. We chose our name because some of the most seasoned brokers in the Reno and Northern Nevada area came together to deliver unsurpassed customer service and real estate solutions based on superior market knowledge.

Contact Information

Reno Office
50 West Liberty Street
4th Floor West Tower
Reno NV 89501
United States

Tel (775) 336-4600
Fax (775) 336-4699

Carson City Office
504 East Musser Street
Carson City, NV USA 89701

Tel (775) 721-2980


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Pros and Cons to Short or Long Leases

By Jason Brucella

If you're getting ready to lease a commercial space, finding the right property or unit is just the first step in the process. To get the most benefits out of the right space or property, you need the right lease agreement in place between you and your landlord and that means deciding whether a short or long-term lease is the better option for your business.

So which is best for companies?

There is no single answer. Short and long-term leases both have distinct benefits and drawbacks that you need to be aware of before you begin lease discussions with a prospective landlord.

Advantages and Disadvantages of a Short-Term Lease?  Advantages and Disadvantages of a Long-Term Lease? Click here to find out. 

Third Quarter 2015 Industrial Market Report

The NAI Alliance Industrial Properties Group has released its Q3 Industrial Market Report.


Our market maintained steady activity during the third quarter. Large deals missing in the first and second quarters reemerged in the third quarter. In addition, three new speculative buildings were completed. On a negative note, two large subleases were added to the market.  The quarter began with a vacancy of 8.7% and ended slightly less at 8.4% so the new activity outweighed the new construction added to the market.  Vacancy changes dramatically when one factors in the sublease space. The second largest building in our market, Kmart’s former distribution facility of 1,557,709sf is now available for sublease. When counting sublease space, overall market vacancy is 11.2%. In summary, market activity continues to be strong.  General sentiment amongst brokers and developers remains highly positive and we anticipate a strong finish to the year.

Second Quarter 2Q15 Industrial Market Report

The NAI Alliance Industrial Properties Group has released its 2Q15 Industrial Market Report.

Market Summary:

Second quarter was another quarter of strong gross and net absorption.  Boosting numbers this quarter was the roof completion on a large build to suit transaction of 770,650sf for Petco in the Stead area.  This one transaction accounted for 40% of the month’s gross absorption and 72% of the month’s net absorption.  Aside from Petco, the quarter was positive with tenants continuing to slowly absorb existing product.  Another factor skewing numbers this quarter was the addition to market of the KTR speculative 566,875 square-foot facility in the Tahoe Reno Industrial Center.  Adding this property to the available inventory resulted in an increase in vacancy rate despite strong absorption. The quarter began with a vacancy rate of 8.6% and finished with a vacancy of 8.8% (8.7% excluding sublease space).  Depending upon demand, this could continue as more speculative buildings are completed in the third and fourth quarters.

To continue reading, click here for the 2Q15 Industrial Market Report.

NAI Alliance  |  50 West Liberty Street  |  4th Floor West Tower  |  Reno, NV 89501  |  775.336.4600  |  775.336.4699 fax  |