SOUTHERN NEVADA—After five years of no speculative development, the Southern Nevada region now has more than 4.6 million square feet of planned industrial buildings, according to Colliers International. The first to break ground was a 464,000-square-foot project in North Las Vegas by Prologis, with several others due to break ground in the next few months.

Dan Doherty, EVP of Doherty Industrial Group at Colliers International in Las Vegas, tells GlobeSt.com, “Our industrial market has made a major turnaround over the last 12 months.” We spoke with Doherty about the recovery and where he sees the market heading.

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