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You are here: Home / Around the State Weekly / Best Year in Five Years for Southern Nevada’s Industrial Real Estate Market

Best Year in Five Years for Southern Nevada’s Industrial Real Estate Market

February 11, 2014 By Ben Rowley Leave a Comment

Southern Nevada’s industrial real estate market enjoyed one of its best years in recent memory.

That is according to a recent report provided by Colliers International – Las Vegas. “Without a doubt, 2013 was the best year Southern Nevada’s industrial real estate market has had in five years,” said Colliers’ research director John Stater. “Hopefully, it was merely a prelude to an equally productive 2014.”

The sector had a year-over-year increase in net absorption of more than 130,000 square feet. The office and hotel sectors also saw year-over-year improvement. However, the same could not be said for retail, which had a net absorption decrease of more than 650,000 square feet.

CLICK HERE TO READ THE ENTIRE DETAILED REPORT

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Filed Under: Around the State Weekly Tagged With: Aaron Bowers, Ariel Land, Arizona Pain Specialists, Arroyo South Business Center, Auto Buyline System, Beauty By Thread, Best Chefs America, Blue Bell Creameries, Bridge Investment Group Partners, Catapult Groups, Clark County, Clark County School District, Colliers International, Cortney S. Warren, Direct Advantage Values Enterprises, Eileen Shi, Electric Light & Power, Frisby Auto Electric, GFA Wealth Design, Governor Brian Sandoval, HC | Hughes Center, HealthCare Partners Medical Group, Henderson business, Henderson Chamber of Commerce, Jason Viechnicki, Jon Anderson, Kalb Business Center, Kalinich & Cartaya Enterprises, Know How Invest, Las Vegas business, Las Vegas Global Economic Alliance, Leavitt Group, Ledcor Awarded Contract, LP Insurance, LVGEA, Martinez Taco Bar, Nathan Adelson Hospice, Nevada business, Nevada State Bank, Nevada State College, NVAR, Pahrump business, Pama Airport South, Park West RRV, Pat Skorkowsky, PTO Sales Corporation, Q1 Entrepreneurial Index, Reno business, Roadmap to Success, Shade Tree, Silver State Health Insurance Exchange, Smart City, Speedway Commerce Center, Sundvick Legacy Center, Susan Lockett, Teresa McKee, The Private Bank, TMC Financing, Updike Distribution Logistics, USA Today, Valley Freeway Centre, Volunteers in Medicine, Walk of Hope

About Ben Rowley

Ben Rowley is the web editor of Nevada Business Magazine and owner of Nevada Central Media, LLC. Ben takes an integrated media approach to getting content right and read.
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