• The Las Vegas industrial market experienced robust leasing activity during Q2 2021 pushing net absorption to 3.1 million sq. ft.
  • At the end of Q2 2021 there was 10.1 million sq. ft. of space under construction.
  • Completions for the quarter was 1.6 million sq. ft.
  • The overall direct vacancy rate decreased by 100 basis points from Q1 2021 to 2.8%.