CALV, Xceligent Report Documents Las Vegas Commercial Real Estate Comeback

CALV shows continued progress in all major sectors of the commercial real estate market in Southern Nevada vacancy rates all improving during the second quarter of 2015.

LAS VEGAS – A report released by Xceligent and the Commercial Alliance Las Vegas (CALV) shows continued progress in all major sectors of the commercial real estate market in Southern Nevada, with office, industrial and retail vacancy rates all improving during the second quarter of 2015. “This is another example of how our industry is turning the corner and coming back,” … [Read more...]

Find Out What’s Hot in Back-to-School Fashion as Downtown Summerlin Presents “Geek Chic”

July 25 Event to Include Fashion Shows, Entertainment, Giveaways and More LAS VEGAS – Enjoy a day of fun, fashion and back-to-school savings at “Geek Chic,” the first back-to-school event to be held by the The Howard Hughes Corporation at Downtown Summerlin, scheduled for Saturday, July 25, from noon to 7 p.m. Camouflage prints, grunge, flannel, biker inspired leather and … [Read more...]

On the Rise: Commercial Building Rebounds

Commercial building in Nevada has also had to adapt to a shortage of skilled labor as a result of the recession, according to Grein.

For the first time since 2007, when the recession decimated their industry, commercial builders in Nevada believe the industry is finally snapping back. “The recovery is slower than anybody wanted it to be, but the good news is that it is recovering,” says Ray Sedey, executive vice president of McCarthy Building Companies in Las Vegas. “Construction is recovering, but we’re … [Read more...]

Downtown Summerlin Announces Summer Movie Series

Several Downtown Summerlin restaurants and eateries will be offering special snack packages and dinners to go.

LAS VEGAS -  Calling all movie lovers. Downtown Summerlin is excited to launch the Downtown Summerlin Movie Series, with a preview on Friday, May 22. The series will begin on Thursday, June 4, continuing each Thursday night through August 27. Guests should bring their own seating and come early to get the best space. Several Downtown Summerlin restaurants and eateries will … [Read more...]

Jeanie Haddox Joins the Howard Hughes Corporation as Specialty Leasing Manager for Downtown Summerlin

Regional Retail, Dining and Entertainment Destination Continues To Hire Top Professionals LAS VEGAS -  Howard Hughes Corporation (NYSE: HHC) announced the hiring of Jeanie Haddox as Specialty Leasing Manager for Downtown Summerlin. Haddox joins the leadership team responsible for managing the 106-acre, 1.6 million-square-foot development, which represents the first phase of … [Read more...]

The Retail Market: Recovering with Measured Expectations

Real estate brokers and developers are dampening their expectations for the retail market in Nevada over the next couple of months and for the rest of 2015.

With a New Year upon us, real estate brokers and developers are dampening their expectations for the retail market in Nevada over the next couple of months and for the rest of 2015. Nevertheless, all of them see positive trends for the market and some reason to remain optimistic. “We are clearly in a recovery,” said Brendan Keating, principal with The Equity Group in Las … [Read more...]

Retail Summary: Third Quarter 2014

Southern Nevada In the third quarter of 2014, the Las Vegas retail market reported a vacancy rate of 9.1 percent. The latest period represents a decline of 0.1 percentage point compared to the prior quarter (Q2 2014). Compared to a year ago (Q3 2013), the retail vacancy rate has declined 0.3 percentage points. Anchored retail space has now reported annual declines in vacancy … [Read more...]

Office Summary: Third Quarter 2014

Southern Nevada The Las Vegas office market vacancy rate fell to 24.8 percent in the third quarter of 2014. Compared to the prior quarter, vacancies fell 0.4 percentage points. Meanwhile, the vacancy rate is down 0.7 percentage points compared to a year ago. While the office market vacancy rate remains significantly higher than its industrial and retail counterparts, it has … [Read more...]

Crazy Pita Rotisserie & Grill Names the Ferraro Group Agency of Record

The owner and founder of Crazy Pita Rotisserie & Grill, announced it has named The Ferraro Group as its agency of record for all southern Nevada locations.

Las Vegas – Mehdi Zarhloul, owner and founder of Crazy Pita Rotisserie & Grill, announced it has named The Ferraro Group as its agency of record for all southern Nevada locations. The Ferraro Group will handle all public relations, media communications, marketing and social media needs for Crazy Pita Rotisserie & Grill, a locally owned fast casual dining restaurant … [Read more...]

Retail Summary: Second Quarter 2014

Southern Nevada The Las Vegas retail vacancy rate reported a slight increase in the second quarter of 2014. The rate rose 0.1 percentage point compared to the prior period (Q1 2014) to 9.1 percent. However, compared to a year ago, the retail vacancy rate remains down 0.7 percentage points. Since the high of 11.1 percent reached in the third quarter of 2010, vacancies have … [Read more...]

Personal Goals of High Net Worth Individuals; Desert Radiologists Receives ACR Award

Monthly Report Focused on “Personal Goals” of High Net Worth Individuals, Released by The Private Bank by Nevada State Bank The Private Bank by Nevada State Bank released the seventeenth edition of its High Net Worth Report series, with this month’s analysis focusing on the personal goals of high net worth individuals. [Read More...] Desert Radiologists Receives Prestigious … [Read more...]

Announcing the Las Vegas Fashion Council

The Las Vegas Fashion Council is a not-for-profit association of members who consist of fashion professionals, leaders, philanthropists and organizations.

LAS VEGAS – Local leaders from fashion, business and the arts have joined together to form the Las Vegas Fashion Council, a not-for-profit trade association that welcomes members ranging from fashion professionals, students, community leaders, philanthropists and organizations that have a common desire to diversify and expand the Las Vegas economy through the efforts of the … [Read more...]

Office Summary: Second Quarter 2014

Southern Nevada The Las Vegas office vacancy rate declined in the second quarter of 2014 after increasing in the first quarter of the year. During the latest period, the sector reported a vacancy rate of 25.2 percent, which is down 0.4 percentage points from the prior quarter. Compared to a year ago, vacancies have fallen 0.5 percentage points. The office market vacancy rate … [Read more...]

Downtown Summerlin Job Fair; Three Nonprofits Partner to Help Homeless Youth

Downtown Summerlin Announces Upcoming Job Fair The Howard Hughes Corporation (NYSE: HHC) announced details for the highly-anticipated job fair for Downtown Summerlin. Job seekers will be able to learn about and apply for jobs in the Summerlin Ballroom at Red Rock Resort on Wednesday, August 27 from 11am – 7pm. [Read More...] Three Nonprofits Work Together to Help Homeless … [Read more...]

Downtown Summerlin Announces Upcoming Job Fair

The Howard Hughes Corporation (NYSE: HHC) announced details for the highly-anticipated job fair for Downtown Summerlin.

Retailers, Restaurants and Entertainment Venues Welcome Job Seekers LAS VEGAS  – The Howard Hughes Corporation (NYSE: HHC) announced details for the highly-anticipated job fair for Downtown Summerlin. Job seekers will be able to learn about and apply for jobs in the Summerlin Ballroom at Red Rock Resort on Wednesday, August 27 from 11am – 7pm. Participating retailers, … [Read more...]

Educating, Connecting Entrepreneurs; Median Home Price Hits $200,000; 5K to Raise Funds for Kids with Cancer

Las Vegas Will Launch 1 Million Cups to Educate, Connect Local Entrepreneurs 1 Million Cups, a program to engage, educate and connect entrepreneurs, launched in Las Vegas on Wednesday,  August 13. The weekly event will be located in the inNEVation Center, powered by Switch. 1 Million Cups is a weekly gathering that is building startup communities over cups of coffee and … [Read more...]

Retail Real Estate Sector Begins Comeback in Second Quarterly Report From Colliers International – Las Vegas

Office sector enjoys resurgence in 2014, anticipates challenges in 2015 LAS VEGAS – Following two consecutive quarters of negative net absorption in the retail sector, the second quarterly market report of 2014 by Colliers International – Las Vegas highlighted more than 200,000 square feet of retail net absorption and more than 30,000 square feet of new completions in the … [Read more...]

Hospice Collecting School Supplies for Students in Need

Nathan Adelson Hospice locations will serve as drop-off points to collect school supplies for local elementary students. The hospice will be collecting supplies for students at Robert L. Taylor and Sunrise Acres elementary schools. The drive continues until Aug. 18. “Many schools unfortunately suffer from a lack of funding, and a large number of students can’t afford many … [Read more...]

Rick Sperber and Susan Holland Join the Howard Hughes Corporation as Part of Growing Team for Downtown Summerlin

The Howard Hughes Corporation hired Rick Sperber and Susan Holland as Senior Operations Manager and Specialty Leasing Manager for Downtown Summerlin.

Regional Retail Destination Hires Top Industry Professionals LAS VEGAS – The Howard Hughes Corporation (NYSE:HHC) announced the hiring of Rick Sperber and Susan Holland as Senior Operations Manager and Specialty Leasing Manager respectively for Downtown Summerlin. Sperber and Holland join the new leadership team responsible for opening the 106-acre, 1.6 million-square-foot … [Read more...]