COMMERCIAL UPDATE

By: Natalie Lemas HernandezKW Commercial

Commercial Vacancy Rates•Pre-recessionary levels

•5 million new square feet of office, industrial and retail since 2010

•Industrial 6.8%

•Office 10.9%

•Retail 7.9%

•Translates to increasing lease rates!

Multi-Family Vacancy Rates•ADA: 3%

•CANYON: 4%

•Rents are at highest levels EVER!

Source: Idaho Statesman

Source: Idaho Statesman

EVICTION TIPS!•MONEY $ MONEY $ MONEY

•Cost between $400 - $1,200

•Be a master negotiator!