August 2008
Las Vegas Business Press (10712186);8/4/2008, Vol. 25 Issue 31, pP17
The article presents an update on the real estate business in Las Vegas, Nevada as of August 2008. It reports that the medical office market was made up of 7.9 million square feet in 309 buildings as of June 2008, which represents 16.7 percent of the entire office market. In the luxury condominium market, there are nearly 10,000 units built to date with almost that many under construction. Average asking rents rose only one percent in the second quarter of 2008, reaching $889 per unit.


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