Newmark：2025年第三季度拉斯维加斯办公楼市场报告（英文版）

Despite muted leasing activity, the market posted a modest net absorption gain of 146,780 SF in the first nine months of 2025. Overall vacancy declined to 12.8%, down 30 basis points from year-end 2024. Asking rents were flat year-over-year. Desirable Class A space continues to lease quickly, while older, long-vacant spaces are dragging down average rates. Sublet availability remains low at 0.7%. With no new construction starts or deliveries to date, limited supply could pressure vacancy lowe