Valley office market stabilizes in third quarter

October 2010
Las Vegas Business Press (10712186);10/25/2010, Vol. 27 Issue 43, pP10
The article reports on the improving office market in Southern Nevada during the third quarter of 2010. According to Las Vegas, Nevada-based business advisory firm Applied Analysis, vacancy rates in Southern Nevada has declined 11 basis points as compared to 24 percent recorded in the second quarter of 2010. Chuck Witters, president of the Nevada Chapter of the Society of Office and Industrial Realtors, contributing to the stabilization of the market were activities with legal, educational and medical-related companies.


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