Southern Nevada’s hard hit industrial market is slowly stabilizing, with no new completions in the third quarter and increased investment activity. Vacancy rates held steady at 16.2% at the end of September, which is the same as the previous quarter, said Las Vegas-based RCG Economics LLC. Vacancies had previously trended upward during the last 5 years. There was also 43,600 square feet of net absorption in the third quarter, RCG said, with 181,100 square feet of space under construction.For the full report, CLICK HERE.
