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Why Invest in Las Vegas Industrial Now?

MCA Realty has been investing in this market since 2012 through its ups and downs and is now seeing it enter a period of new construction and leasing activity, principal Tyler Mattox tells GlobeSt.com in this EXCLUSIVE Q&A.

Tyler Mattox Mattox: “Las Vegas is desirable due to its location in the Western time zone, the state’s business-friendly atmosphere and its abundant labor pool.”

IRVINE, CA—MCA Realty has been investing in the Las Vegas market since 2012 through its ups and downs and is now seeing it enter a period of new construction and leasing activity, principal Tyler Mattox tells GlobeSt.com. The firm recently sold six industrial buildings in Las Vegas and, as we recently reported, leased 29,988 square feet to a global, publicly traded call center operator at its Gibson Tech Center asset, bringing it to full occupancy.

The Las Vegas market continues to perform and recover with a rapid growth within the small business sector, which is driving both tenant and investor demand to the region, especially for smaller industrial product. In fact, industrial vacancy in Las Vegas continues to decline, dropping to 4.9% at the end of 2017.

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Carrie Rossenfeld

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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