Las Vegas is an internationally renowned major resort city known for tourism, gaming and entertainment industries and it is in the top three destinations for business conventions in the U.S. It is also the leading financial, commercial, and cultural center of southern Nevada. Forbes.com has identified southern Nevada as one of the top business climates in the United States. Greater Vegas has a population of 2.3 million people, 1.1 million workers and 56,000 employers. Las Vegas is home to the Las Vegas Raiders NFL Team and the 2023 Stanley Cup Champions Vegas Knights NHL Team.
Southern Nevada is a geographically desirable location due to its proximity to Los Angeles and Salt Lake City via Interstate 15 and Phoenix via US 93. Las Vegas’ main airport, Harry Reid International Airport, is the eighth busiest airport in the world. The Las Vegas market continues to outpace other metros in terms of market fundamentals including job growth and population growth. These fundamentals will continue to draw new users to the market.
EastGroup’s Las Vegas assets, strategically located near the Las Vegas Strip, Interstate 15 and Harry Reid International Airport are designed to accommodate local and regional distribution. EastGroup’s footprint in Las Vegas is nearly 1.2 million square feet including nine buildings in the Southwest submarket totaling 1,009,000 square feet and one 156,000 square foot building in the North Las Vegas submarket.