Comparison of Western Industrial Real Estate Prices
    Based only on 60,000 - 99,999 sf

    Sales Prices
    ($/sf)
    Net Lease Prices
    ($/sf)
    Constuction
    ($/sf)
    Albuquerque
    $45
    $4.50
    $35
    *Las Vegas
    $42
    $3.84
    $25
    Reno/Sparks
    $34
    $3.16
    $31
    Phoenix
    $45
    $4.25
    $40
    Sacramento
    $34
    $3.36
    $27
    Salt Lake City
    $31.65
    $3.36
    $27
    San Diego
    $55.51
    $6.54
    $36.75
    San Jose
    $122.50
    $12.50
    $105

Averages from Society of Industrial and Office Realtors 2000 Comparative Statistics of Industrial and Office Real Estate

*Las Veags rates are based on 1999 data