Reno-Tahoe International Airport’s cargo operations have ramped up during the pandemic, helping buoy the local economy.
The Reno office of Colliers International, a firm that specializes in commercial real estate, estimates that only 3.1% of the industrial space in the region was vacant this spring.
Even though home prices are rising faster than incomes in the Reno-Sparks area, super-low mortgage interest rates are keeping home purchases affordable.
Real estate agents and economic development officials say the Reno area is seeing a flood of new residents from California.
A lot of Northern Nevada residents appear to want to learn the skills that will enable them to pursue new careers once something approaching normal life resumes after the COVID-19 pandemic.
The solar-energy project that Switch just launched at its data center at Tahoe-Reno Industrial Center east of Sparks is the largest of its type ever built anywhere.
Four new companies have moved into Reno bringing new jobs in the distribution and technology sectors, further diversifying the economy.
The City of Reno issued 234 new business licenses during April, May and June — the period covering the worst of the pandemic shutdown.
At the same time that the economy in Reno-Sparks fell off a cliff and everyone hunkered down in home offices this spring, organizations leased more space in office buildings around town.
The coronavirus pandemic is beginning to influence the kinds of homes that buyers want in Reno and Sparks.
