• At nearly 1.6 million sq. ft., the Las Vegas office market experienced the highest net absorption in nearly a decade in 2017
  • The increase in demand was a result of strong job growth in professional and business services related employment
  • Call centers and other back office occupiers continued to be active in Las Vegas throughout 2017
  • The trend of retail being converted to office space increased in 2017.  A vacant Dillard's, Macy's, and JcPenny were converted to back office space, in the Central East submarket