Why Invest in Las Vegas Industrial Now?

Mattox: “Las Vegas is desirable due to its location in the Western time zone, the state’s business-friendly atmosphere and its abundant labor pool.”

IRVINE, CA—MCA Realty has been investing in the Las Vegas market since 2012 through its ups and downs and is now seeing it enter a period of new construction and leasing activity, principal Tyler Mattox tells GlobeSt.com. The firm recently sold six industrial buildings in Las Vegas and, as we recently reported, leased 29,988 square feet to a global, publicly traded call center operator at its Gibson Tech Center asset, bringing it to full occupancy.

The Las Vegas market continues to perform and recover with a rapid growth within the small business sector, which is driving both tenant and investor demand to the region, especially for smaller industrial product. In fact, industrial vacancy in Las Vegas continues to decline, dropping to 4.9% at the end of 2017.