After a wave of industrial development sent vacancy rates in Las Vegas soaring into double digits last year, the vacancy rate appears to have peaked across Southern Nevada and is expected to decline further by the end of 2027 as the construction pipeline shrinks.
Spiking industrial vacancy finally leveling off in Southern Nevada
After years of rapid development, construction slowdown gives industrial properties time to catch up
By Danny Khalil
CoStar AnalyticsSeptember 15, 2026 | 7:30 P.M.
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