Las Vegas Industrial Real Estate for Sale or Lease

Industrial real estate has been leading Greater Las Vegas commercial real estate recovery for four years and 2016 seems to be no different as we have officially entered a supply constraint state.

 The Valley’s (Las Vegas, Henderson, North Las Vegas) industrial market has absorbed (demand) 916,800 square feet of space during the first quarter of 2016 which is ahead of 2015, when about 3.4 million square feet of local industrial space was absorbed. Asking rental rates are 7 cents higher than the past quarter.

For an explanation of discrepancies in vacancy rates that you read in various articles about the Las Vegas industrial market and summary of Las Vegas commercial real estate market, including industrial space please see below.

As for industrial short sales or foreclosures, if you see any, please tell them long time no see.

  1.  Discrepancy in vacancy rates in Las Vegas commercial real estate

  2. Overview Las Vegas commercial real estate market 2016

  3. Las Vegas industrial space market, 2015-Q3

  4. Las Vegas commercial real estate market update, 2015

Commercial transactions are complicated and have to be handled with great care and the help of an experienced and smart commercial real estate agent. Tens of millions of dollars have been lost by investors and commercial property buyers in Greater Las Vegas in the past, pick your agent carefully.