Newmark：2025年第二季度拉斯维加斯工业市场报告（英文版）

0.3 MSF in quarterly net absorption gains were met with 2.0 MSF in construction deliveries, causing vacancy to rise to 12.2%. Total vacancy has been in the double-digits since the fourth quarter of 2024. Available sublease space (just 2.0 MSF) dropped 29.6% from last quarter. Modern space offerings are finding sub-tenants quicker than second-gen space. Still-high inflation and more-restrained retail spending continue to delay the expansion plans of some tenants. New and ever-changing tariffs