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Retail star of 2018 commercial real state report

April 2, 2019 | Las Vegas Business Press | Buck Wargo

The retail market has come full circle since the Great Recession by ending 2018 with its lowest vacancy rate in a decade, according to research firm Applied Analysis, which credits home construction and population growth for increasing demand. The office market showed similar gains with its lowest vacancy rate since the fourth quarter of 2008. The industrial market continued to add millions of square feet of space to meet demand.

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