The office vacancies rose 15.28 percent in forth quarter, a 2.9 percent quarterly increase, due to a slowing economy and housing market fallout. CB Richared Ellis reports. This would be the valley's highest vacacny rate since the last quarter of 2001. Looks like this sectcor of the market is softening dispite the climb in the rents.

 
Posted by Michael Omid Shahabe on 01/31/2008 04:28 PM   Comments (2)  
This post has been included in Nevada Information

2 Comments on Las Vegas Valley office Vacancies Rise in forth Quarter

JAN
31
2008
241,374 Points 2 Featured Posts Outside Blog
I believe Las Vegas will be one of the last places to recover from the housing downturn.
4:41pm • #1
FEB
01
2008
469,169 Points 2 Featured Posts Outside Blog

Hi Michael,

Welcome to Active Rain and congrats on your first post! The opportunities to learn and network are incredible here. Best of luck to ya!

-Keith
12:29am • #2

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Michael Omid Shahabe

Henderson, NV

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Prudential Americana Group

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