Video: Update on Office and Land Markets in the High Desert

November 5, 2020

Joseph w. Brady, CCIM, SIOR, President of The Bradco Companies gives an update on the office and land markets in the High Desert (Mojave River Valley).

  • Office vacancy is relatively stable, there is not really a lot of vacancy right now.
  • Office buildings are not being built right now because there are challenges.
  • COVID and the issues surrounding it will be with us through August 2021.
  • Mr. Brady’s advice to land owners that are wanting to sell their land is to look at the real comps – and he explains what this means.
  • Mr. Brady discusses how the coming speed train may affect the housing rental market and the price of land in the area.
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