LV Retail Market Sees Strong Third Quarter

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LV Retail Market Sees Strong Third QuarterSouthern Nevada’s retail market saw third quarter vacancy decline by eight-tenths of a point to 10.3%, as net absorption more than doubled from last quarter to 345,831 square feet, reports John Stater, research director for the Las Vegas office of Colliers International. No new anchored retail projects were completed the third quarter as asking rents continued to decline. For the full report, CLICK HERE.