Calendar Tuesday, May 22, 2012
Office construction slows to crawl in 2008 as vacancy rate keeps climbing (Las Vegas Sun)

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The Las Vegas office market has been hit hard by the recession. The amount of new space completed in 2008 was 36 percent of its 2007 level and the total space leased was half of what it was in 2007, according to Patricia Nooney, managing director of CB Richard Ellis, a commercial brokerage.
 
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