TITLE

VALLEY INDUSTRIAL RENTS DIP, VACANCIES RISE

AUTHOR(S)
ILLIA, TONY
PUB. DATE
November 2009
SOURCE
Las Vegas Business Press (10712186);11/16/2009, Vol. 26 Issue 46, pP10
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the state of Southern Nevada's industrial and warehouse market in the third quarter of 2009. According to economic research firm Restrepo Consulting Group, industrial rents in the Las Vegas Valley fell with 15.1 million square feet of empty space. At the end of September 2009, vacancy rate in Clark County rose to 14.2 percent, three times higher compared to 2007. The article also offers information on projects completed and million-dollar deals made in the region.
ACCESSION #
45504622

 

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