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LAS VEGAS—For the first time since 2008, industrial vacancy is below 10% in southern Nevada. Currently at 9.2%, the decrease in vacancy is a result of improvements in Southern Nevada’s industrial real estate market, according to the third quarterly market report of 2014 from Colliers International – Las Vegas. Compiled by John Stater, research director for Colliers International – Las Vegas, the report highlights more than 650,000 square feet of new industrial completions on almost 94 acres of land in the first three quarters of 2014.

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