Southern Nevada’s medical office market remained resilient in the third quarter, recording 69,085 square feet of net absorption, marking a major reversal from the previous quarter, reports Colliers International. The market was partly aided by lower asking rents and 1,300 new healthcare jobs being added between July 2011 and July 2012. Average asking rental rate stayed at $2.18-per-square-foot in the third quarter, a 15-cent decrease from a year ago, helping fuel a quarter million square feet of medical office space absorption year-to-date in 2012. For the full report, CLICK HERE. Medical Office Market on the Mend
Southern Nevada’s medical office market remained resilient in the third quarter, recording 69,085 square feet of net absorption, marking a major reversal from the previous quarter, reports Colliers International. The market was partly aided by lower asking rents and 1,300 new healthcare jobs being added between July 2011 and July 2012. Average asking rental rate stayed at $2.18-per-square-foot in the third quarter, a 15-cent decrease from a year ago, helping fuel a quarter million square feet of medical office space absorption year-to-date in 2012. For the full report, CLICK HERE. 
