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Industrial market continues to outperform

Author: Diana Heeb Bivona

The industrial market continues to outperform other commercial sectors. Applied Analysis is reporting that the Las Vegas Valley’s industrial market reached a record 2.9 percent vacancy rate in first quarter, despite an amazing 1.3 million square feet worth of absorption. The market posted its lowest vacancy rate since 2000. Additionally, demand for space is expected to continue in the future.

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