Nevada’s Utilities

A regulatory agency that ensures investor-owned utilities comply with laws enacted by the Nevada Legislature, the PUCN oversees a broad spectrum of entities

Utility movers and shakers in Nevada continue to be optimistic as they strategically manage new technologies, increased regulation, customer growth and a changing portfolio mix of options. Regulations A regulatory agency that ensures investor-owned utilities comply with laws enacted by the Nevada Legislature, the Public Utilities Commission of Nevada (PUCN) oversees a broad … [Read more...]

Nevada Taxes Reaching Deeper

In total, Governor Brian Sandoval’s plan would raise more than $1 billion in new taxes.

Hall of Fame baseball player Yogi Berra once said it is deja vu all over again. He wasn’t wrong if he was describing Nevada politics and biennial efforts to create a tax code that can better withstand economic recessions. Nevada lawmakers have recently been debating another proposed tax increase geared towards adding funds to the state’s woeful educational system. In total, … [Read more...]

Trending in Henderson

Today, Henderson is Nevada’s second largest city and consistently ranked on “Best Of” lists from safety to livability.

From a company town to a city companies want to be in: Henderson has trended towards the feel of a hometown community while evolving to meet the needs of residents and businesses. In the 1930s, Henderson housed builders working on Boulder Dam. During World War II the Basic Magnesium Plant in Henderson processed magnesium. Those workers left after the war, but Henderson … [Read more...]

Industry Focus: Credit Unions

Nevada executives in this industry met at the offices of Clark County Credit Union to discuss the trends and challenges facing their industry.

Strengthened by a collaborative spirit, credit unions that have made it through the recession work to provide quality services for their members. Recently, Nevada executives in this industry met at the offices of Clark County Credit Union to discuss the trends and challenges facing their industry. Connie Brennan, publisher and CEO of Nevada Business Magazine, served as … [Read more...]

Healthcare Check-Up: Nevada Works to Deliver Health Amid Shortages

The results show that, while the state has moved forward in many healthcare arenas, Nevada still has a long road ahead.

At this point in the year, the initial stages of the Affordable Care Act (ACA) have already been implemented. The results show that, while the state has moved forward in many healthcare arenas, Nevada still has a long road ahead. More Nevadans Covered Data showed that during the recent enrollment period, 72,000 Nevadans applied for and enrolled in health insurance plans … [Read more...]

If You Build It, Will They Come?

Nevada’s industrial market, devastated by the recession, has now recovered to the point where developers have returned to the market with “spec” projects.

Construction Returns to Nevada’s Industrial Market Nevada’s industrial market, which was devastated by the recession, has now recovered to the point where developers have returned to the market with “spec” projects (those built in advance of a contract or buyer). Now that 2014 year-end numbers have been tallied and evaluated, commercial real estate experts agree that the … [Read more...]

Red Report: April 2015

Read the Nevada Real Estate & Development Report: April 2015 - Commercial real estate and development - projects, sales, and leases.

E Project, Other ADDRESS SW Corner of Sahara Ave. & Las Vegas Blvd., 89104 CONTRACTOR OF RECORD Martin-Harris Construction DETAILS Construction is underway on MGM Resorts International’s open-air music venue. The entertainment complex will have a 2,700 SF administration and storage building, 23.3 acres for the main festival area, 7.7 acres for transportation pick-up and … [Read more...]

Nevada’s Top Residential Real Estate Agents

Residential realtors in Nevada know, better than most, that the last several years have posed a variety of challenges to their industry.

Residential real estate agents in Nevada know, better than most, that the last several years have posed a variety of challenges to their industry. Going from an unsustainable boom economy to a market that adds another dimension to the word drought, real estate agents have been on a roller coaster ride. However, as the economy experiences an upswing, so too does the residential … [Read more...]

A New Hope: Power Poll 2015

This year marks the thirteenth annual Power Poll conducted by Nevada Business Magazine.

With the recession having reaffirmed Nevada’s “Battle Born” motto, this recovery has added a new twist on another name for this state, the Silver State. Company owners and executives are seeing the silver lining in a tough economy as businesses grow and are leaner and more efficient than ever. And, while hopeful of the sustainability of this growth, executives remain cautious, … [Read more...]

Industry Focus: Marketing

Marketing executives throughout the state met at the Las Vegas offices of City National Bank to discuss the trends and challenges facing their industry.

With new digital platforms popping up left and right, the marketing industry keeps pace to push Nevada businesses forward and out of the recession. Recently, a group of marketing executives met at the Las Vegas offices of City National Bank to discuss the trends and challenges facing their industry. Connie Brennan, publisher and CEO of Nevada Business Magazine, served as … [Read more...]

Building a Healthy Economy

Until recently, the term “medical tourism” largely referred to Americans traveling out of the country looking for affordable healthcare.

Until recently, the term “medical tourism” largely referred to Americans traveling out of the country looking for affordable healthcare in technologically advanced but less expensive venues, from Mexico to Thailand and parts in between. Now the term is starting to come home, often referring to domestic travel of American citizens within U.S. borders, traveling to find the … [Read more...]

Red Report: March 2015

Read the Nevada Real Estate & Development Report: March 2015 - Commercial real estate and development - projects, sales, and leases.

E Sale, Industrial ADDRESS 4240 N. Lamb Blvd., 89115 BUYER FJM Northpointe Associates LLC SELLER 4240 Lamb Holdings LLC DETAILS 46,624 SF; $2,951,300 APN 140-05-420-000 BUYER’S REP Dean Willmore, SIOR of Colliers International SELLER’S REP Dan Doherty, SIOR of Colliers International Lease, Industrial ADDRESS 5406 El Campo Grande, Ste 180, 89115 TENANT Golden Star … [Read more...]

Banking In Nevada: Beginning to Flourish

Today’s banking industry in Nevada looks different from the industry five ago.

This year, Las Vegas-based Ear Nose & Throat Consultants of Nevada obtained financing from City National Bank for ground-up construction of a 13,000-square-foot surgery center. This is one of many Silver State businesses contributing to increased demand for banking services. “Businesses cannot ignore the need for growth now,” said John Wilcox, the Nevada regional … [Read more...]

Top Brokers 2015

As Nevada’s commercial real estate market rebounds, the state’s brokers are beginning to see a resurgence of business.

As Nevada’s commercial real estate market rebounds, the state’s brokers are beginning to see a resurgence of business. The following pages highlight those brokers that performed at the top of their field in 2014. Brokers are listed alphabetically and separated by Northern and Southern Nevada. Broker’s were asked to submit a variety of information concerning their 2014 deals … [Read more...]

Manufacturing in Nevada: Jobs for the Future

A career in manufacturing gives you the ability to take your dreams and see them come to life.

“Think about the last time you were out of total physical contact with all manufactured goods,” asks Ray Bacon, executive director of the Nevada Manufacturer’s Association. “For most of us, we can’t even think about that time because it’s so omnipresent in our lives.” For that reason among many, it can be argued that, for Nevada, no other industry has as much potential for … [Read more...]

Industry Focus: Attorneys

Attorneys throughout the state recently met at the Las Vegas offices of City National Bank to discuss the trends and challenges facing their industry.

As Nevada’s economy sees improvements in a variety of industries, law firms continue to evolve in order to prepare for the future and better serve their clients. Recently, a group of Nevada attorneys met at the Las Vegas offices of City National Bank to discuss the trends and challenges facing their industry. Connie Brennan, publisher and CEO of Nevada Business Magazine, … [Read more...]

A Developing State: Growing Economy Encourages New Projects

Business is growing across the state. Those who survived the recession are going back to work developing.

As Nevada’s economy picks up the pace, businesses are returning to Nevada and Nevada is returning to business – mostly. In Southern Nevada there’s no real wage growth, gaming revenues are down, home sales are slowing. At the same time, industrial property vacancies are dropping, flex space rents are low but flex spaces themselves are filling, and big box industrial space is … [Read more...]

Red Report: February 2015

02-15-red

E Sale, Industrial ADDRESS 3068-3076 Fremont St., 89104 BUYER Caliente NV, LLC SELLER Heitkotter Family LP DETAILS 19,810 SF; $999,000 APN 162-01-701-003 REP (both) Ben Millis and Chris Beets of Newmark Grubb Knight Frank Sale, Industrial ADDRESS 2512 Abels Ln., 89115 BUYER Torrent Holding Inc. SELLER Abels Lane LLC DETAILS 11,000 SF; $650,000 APN … [Read more...]

Medical Education: Preparing for the Future of Healthcare in Nevada

An ample supply of providers could transform the Silver State into a destination for healthcare.

Medical education in Nevada is growing and is poised for significant expansion. Collectively, the current and proposed changes will eventually go far in reversing the state’s shortages of medical students, physician residency programs, doctors and nurses. “Everything is about everybody getting bigger, everybody getting successful,” said Dr. Thomas Schwenk, dean of the … [Read more...]

Game Changers: Economic Development in Nevada

Nothing paints a clearer picture of the results of economic development than the Silver State.

Nothing paints a clearer picture of the results of economic development than the Silver State. Nevada has transitioned from a state with the highest unemployment rates in the country to a state welcoming Tesla to its economy, breaking ground on a 12,000-home master planned community, launching one of the first-of-its-kind interactive medical communities with Union Village and … [Read more...]