Resources
CoStar Group, Inc. Summary 2Q25 QTD
Industrial:
Above-average population growth, access to 60 million consumers within a day's truck ride, nearby seaports in Southern California, and tax incentives make it a viable outpost for 3PLs an e-commerce tenants…
Multifamily:
If demand continues to match or even exceed supply as the construction pipeline dwindles, the market may see a notable reduction in vacancy by the end of 2026…
Office:
At 10.5% as of 25Q2, Las Vegas has one of the lowest office vacancy rates among major U.S. metros…
Retail:
The availability rate is 5.4% and the vacancy rate is 5.0%, both near 15-year lows as demand has consistently mitigated pressure from new supply. Between mid-May 2024 and mid-May 2025, absorption nearly matched deliveries in Las Vegas' retail market…
Hospitality:
However, the sustainability of this growth depends on Las Vegas continuing to attract high-profile events that generate strong hotel performance, along with trends in convention attendance and overall leisure demand…