Greater Las Vegas Q3 2009 Industrial Market Report
Southern Nevada continued to shed occupied industrial space at a fast clip this quarter, with third quarter 2009 net absorption coming in at -884,420 square feet.
Southern Nevada continued to shed occupied industrial space at a fast clip this quarter, with third quarter 2009 net absorption coming in at -884,420 square feet.
Thursday, October 8, 2009
Although the outlook for the Southern Nevada office market may seem bleak, there are reasons to be hopeful.
Thursday, October 8, 2009
With no new completions this quarter, the Southern Nevada retail market saw net absorption fall to -202,841 square feet for the third quarter of 2009.
Thursday, October 8, 2009
Although most economists are predicting that the national economy will rediscover growth in the third quarter of 2009, the recession continues unabated in Southern Nevada.
Tuesday, August 11, 2009
Every submarket but Downtown and the Northeast experienced an increase in vacancy, with the largest increase occuring in the West Central submarket.
Tuesday, June 30, 2009
The bright spot for office employment has been the health care and social assistance sector, which has posted quarterly gains in employment in every quarter since the second quarter of 2004.
Tuesday, June 30, 2009
Between May 2008 and May 2009, employment in traditionally industrial sectors declined by 20,000 jobs...Over this same time period, only the education & health services sector has posted an increase in employment in the Las Vegas MSA.
Tuesday, June 30, 2009
Since last quarter, the recession has deepened in Southern Nevada.
Saturday, June 27, 2009
“… developers were poised to bring as much as 1.3-million square feet of new retail product on the market in 2009.”
Saturday, June 27, 2009
“If government estimates of national economic recovery in the fourth quarter of 2009 are correct, we predict that the Valley office market will begin to see recovery in late 2010 or early 2011.”
Thursday, October 8, 2009
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