Industrial Summary: First Quarter 2014

Southern Nevada The Las Vegas industrial market continued to witness substantial demand in the first quarter of 2014. The sector’s vacancy rate fell to 12.2 percent during the period, which is down 0.8 percentage points from the prior quarter. Compared to a year ago, vacancies are down an even more dramatic 2.8 percentage points. The… [More...]

Industrial Summary: Fourth Quarter 2013

Southern Nevada In 2013, the Las Vegas industrial market reported the highest net absorption since 2007. The vacancy rate at the end of 2013 was 13.8 percent, which represents a decline of 0.4 percent from the prior quarter. Compared to a year ago (Q4 2012), the vacancy rate reported an even more substantial decline of… [More...]

Regional Collaboration Leads to $450 Million in New Capital Investment for Southern Nevada

The Las Vegas Global Economic Alliance provided assistance to 62 businesses creating more than $450 million in new capital investment for Southern Nevada.

Las Vegas – The Las Vegas Global Economic Alliance announced that during the most recent fiscal year, the organization and its regional economic development partners provided start up, expansion and relocation assistance to 62 businesses which will create 2,640 new jobs, provide more than $450 million in new capital investment and generate a total economic… [More...]

The Las Vegas Global Economic Alliance Announces Several Companies that Have Been Approved for Tax Incentives in Nevada

(Las Vegas) — The Governor’s Office of Economic Development Board of Nevada approved a series of incentives today for companies planning to relocate or expand into Southern Nevada. The approvals come on the heels of several other approved incentives last month, showing that companies from all over the world are interested in what Nevada has to offer.… [More...]