Southern Nevada’s industrial market posted positive net absorption in the third quarter and saw an end to rising vacancy, reports Colliers International research director John Stater. While year-to-date net absorption is still deeply negative, the promise of several build-to-suit projects being completed next quarter could leave 2012 ultimately a wash – no progress, but no regress either. The average asking rent dropped one-cent to $0.48 per squarefoot on a triple-net basis. For the full report, CLICK HERE.
