• One project completed construction during Q3 2019.  The Gardner Company completed a 112,000 sq. ft. class A building in the UNLV Tech Park.
  • With 905,000 sq. ft. of planned projects, new construction will accelerate over the next 12-months.
  • Total net absorption for Q3 2019 was 279,625 sq. ft.  Eight of the nine submarkets recorded positive net absorption.
  • The overall vacant rate decreased to 13.0%, 198 basis points decrease year-over-year.