Industrial market stays steady

September 2008
Las Vegas Business Press (10712186);9/15/2008, Vol. 25 Issue 37, pP12
The article reports on the status of the industrial real estate market in Las Vegas, Nevada in 2008. The market in Southern Nevada was resilient during the second quarter recording a low vacancy rate of 5.87%. The market's performance is partly attributed to a balance between demand and supply. During the period, a number of large projects were finished such as those in the Beltway Business Park, Arrowhead Commerce Center and Post Industrial Park. Among the projects in the state include a $48 million upgrade to Freedom Park by Roche Constructors.


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