The commercial real estate market in Las Vegas is experiencing a promising 2016 as being the best year for commercial development in 10 years. There is evidence of robust development activity in Las Vegas. The retail industry still has room to grow, but that growth is dependent on new housing construction and corresponding absorption.

New industrial offering and ready inventories are available in the Las Vegas area since 2015 to accommodate manufacturing, eCommerce, and distribution businesses. The Las Vegas Valley has seen significant growth in the industrial sector. Businesses have highlighted Las Vegas for its strong leasing activity, and along with net absorption have captured the interest of the entire region, with no sign of slowing.