Las Vegas MarketBeat Reports

Jolanta Campion • 1/16/2020
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

 

Learn more about our local markets and property types by clicking our most recent Las Vegas MarketBeat reports below.

 

The U.S. economy ended the year on an optimistic note. Businesses continued to add jobs at a healthy clip. Employment in the key office-using sectors increased by 150,000 jobs in the fourth quarter. Consumer confidence remains high. Wages are rising faster than inflation, yielding extra spending power, reflected in the 18.8% increase in online shopping over the holiday season.

Current Marketbeats

Office MarketBeat Report
Q4 2019 Las Vegas Office Report

Office vacancy in Las Vegas, including sublease, increased 190 bps since last quarter, yet decreased 130 basis points from a year ago to 13.3% in fourth quarter 2019.

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Industrial MarketBeat Report
Q4 2019 Las Vegas Industrial Report

Las Vegas industrial vacancy, including sublease, increased 150 bps from last quarter and 210 bps from a year ago to 5.6% in Q4 2019. The current vacancy is 280 bps below the 10-year quarterly average of 8.4% yet 50 bps above the 5-year quarterly average of 5.6%. 

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Retail MarketBeat Report
Q4 2019 Las Vegas Retail Report

The Las Vegas retail market recorded nearly $1.4 billion in sales volume in 2019, a 20% decrease compared to 2018. $620 million transacted in the fourth quarter of 2019 vs. $235 million traded last quarter.

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Investment MarketBeat Report
Mid-Year 2019 Las Vegas Capital Markets Report

Las Vegas commercial real estate investment market sales volume for office, industrial, retail and multi-family properties $2.5 million and greater reached nearly $2.5 billion through the first half of 2019.

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Featured Insights: Current U.S. MarketBeats

Q4 2019 U.S. Office MarketBeat Snapshot
MarketBeat • Office

Office Reports

Remarkably stable vacancy rate reflects solid demand in the fourth quarter of 2019.
Revathi Greenwood • 1/16/2020
Q4 2019 U.S. Industrial MarketBeat Snapshot
MarketBeat • Industrial

Industrial Reports

After a slow start to the year, the industrial market finishes the decade strong.
Carolyn Salzer • 1/16/2020
Q4 2019 U.S. Retail MarketBeat Snapshot
MarketBeat • Retail

Shopping Center Reports

2019 ended on a positive note with consumer spending rising at a healthy pace and retail sales up.
Garrick Brown • 1/17/2020

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