Southern Nevada The Las Vegas Valley Anchored Retail vacancy rate remained unchanged at 11.9 percent in the second quarter. At the end of Q2, vacancy rates ranged from 9.2 percent in Power Centers to 13.2 percent in Neighborhood Centers. The second quarter ends two consecutive quarters of increasing vacancy rates. With the retail market near the 10 percent stabilized rate and … [Read more...]
Retail Summary: Third Quarter 2014
Southern Nevada In the third quarter of 2014, the Las Vegas retail market reported a vacancy rate of 9.1 percent. The latest period represents a decline of 0.1 percentage point compared to the prior quarter (Q2 2014). Compared to a year ago (Q3 2013), the retail vacancy rate has declined 0.3 percentage points. Anchored retail space has now reported annual declines in vacancy … [Read more...]
Retail Summary: Second Quarter 2014
Southern Nevada The Las Vegas retail vacancy rate reported a slight increase in the second quarter of 2014. The rate rose 0.1 percentage point compared to the prior period (Q1 2014) to 9.1 percent. However, compared to a year ago, the retail vacancy rate remains down 0.7 percentage points. Since the high of 11.1 percent reached in the third quarter of 2010, vacancies have … [Read more...]
