Southern Nevada The Las Vegas Valley’s overall industrial vacancy rate in Q4, 2015 was 4.7 percent, a rise of 0.3 points, from 4.4 percent in Q3, 2015. Q4’s increase was the first quarter that the vacancy rose in three years. Additionally, between November 2014 and November 2015, the number of industrial-space using jobs in the Valley jumped by 6.9 percent. The strong growth … [Read more...]
Industrial Summary: Second Quarter 2015
Southern Nevada The overall vacancy rate for the Las Vegas Valley Industrial market in the second quarter was 6.2 percent, a drop of 0.5 points, from 6.7 percent in the first quarter of 2015. This decline equates to ten straight quarters of declining industrial vacancies. The strong growth in demand for industrial space, paired with resurgent construction and industrial … [Read more...]
Industrial Summary: First Quarter 2015
Southern Nevada The overall vacancy rate for the Las Vegas Valley industrial market in Q1, 2015 was 6.9 percent, a drop of 0.3 points, from 7.2 percent in Q4, 2014. The first quarter’s decline equates to nine straight quarters of declining industrial vacancies. The strong growth in the demand for industrial space, paired with resurgent construction, shows that the Valley’s … [Read more...]
Officials Break Ground on Moapa Paiute Tribe Solar Project
The first utility-scale solar project on tribal land is underway in Southern Nevada. U.S. Senate Majority Leader Harry Reid (NV) joined representatives from the Moapa Band of Piautes and executives from First Solar, Inc. (Nasdaq: FSLR) and the Los Angeles Department of Water and Power (LADWP) to kick off construction on the 250 Megawatt power plant. The project is located on … [Read more...]
