The eleventh-annual DJS for PJS event is scheduled for Friday, April 26, 2013, from 6 a.m. until 7 p.m. The daylong event is designed to collect new pajamas for children in crisis and benefits charities throughout the Las Vegas Valley. Local disk jockeys will encourage corporate and individual donations by broadcasting from four on-site locations,… [More...]
Industry Focus: Alternative Energy

Nevada’s alternative energy sector has seen a plethora of hills and valleys in recent years. From federal funding challenges to educating the general populace about alternative energy, the sector has seen its share of challenges. Recently, executives representing various alternative energy interests throughout the state met at the Reno offices of City National Bank to… [More...]
Retail Summary: Fourth Quarter 2012

Las Vegas By the end of 2012, vacancies in the retail sector reached their lowest level since the first quarter of 2009. The vacancy rate ended the year at 9.9 percent, down 0.3 percentage points when compared to last quarter (Q3 2012). Compared to a year ago (Q4 2011) the rate is down an even… [More...]
Laugh Factory Offers Tickets to Red Cross Blood Donors
Las Vegas, March 27, 2013 – The American Red Cross and The Laugh Factory have teamed up again to thank southern Nevada and southern Utah area blood donors. According to Lisa Mott, collections manager for the Red Cross in Las Vegas, “All presenting donors who give blood with the Red Cross between April 1 and December… [More...]
Family Vehicle Safety Program Training Offered
Clark County Cooperative Extension will offer a Family Vehicle Safety Program which is not mandatory, but Nevada’s child restraint law imposes high fines for first, second, and/or third offenses (NRS 484B.157). The judge can refer violators to the program with an incentive to waive half or the entire fine amount if the class is completed.… [More...]
Several Prominent Companies Have Been Approved for Incentives in Nevada
The Las Vegas Global Economic Alliance Announces Several Prominent Companies Have Been Approved for Incentives in Nevada (Las Vegas – March 21, 2013) — The Governor’s Office of Economic Development Board for Nevada approved a series of incentives today for companies planning to relocate or expand into Southern Nevada. Cumulatively, the seven applications could generate… [More...]
Las Vegas Veterinarian Receives National Recognition from Pets Best Insurance
Dr. Linda Steelman wins spring 2013 My Vet’s the Best contest Boise, Idaho (March 19, 2012) – Pets Best Insurance, a leading nationwide pet insurance agency, announced today that Dr. Linda Steelman of the Bonanza Cat Hospital in Las Vegas has been selected as the spring 2013 winner of the company’s nationwide My Vet’s the… [More...]
Lubawy & Associates, Inc., 41 Other Appraisal Firms Combine to Launch Valbridge Property Advisors
Valbridge Immediately Ranks Among Top 3 Commercial Real Estate Valuation and Advisory Services Firms in U.S. Principals of Lubawy & Associates, Inc. are Shareholders in Valbridge Las Vegas, NV (March 18, 2013) — Lubawy & Associates, Inc. with an office in Las Vegas, announced today that it has combined with 41 other appraisal firms to… [More...]
BMM Testlabs Announces Grand Opening of New World Headquarters in Las Vegas
(Las Vegas – March 7, 2013) – BMM Testlabs, the world’s leading gaming product testing laboratory and technical consultancy, announced today it has opened the doors to its new headquarters in Southern Nevada, paving the way for continued growth and employment opportunities in the region. The newly expanded space, located at 815 Pilot Road, Suite… [More...]
NAIOP Southern Nevada Chapter Announces Winners of the 16th Annual Spotlight Awards
(Las Vegas) – The NAIOP Southern Nevada chapter hosted its 16th Annual Spotlight Awards on Saturday, March 2, 2013 at the Golden Nugget in downtown Las Vegas. This notable “Celebrating our Nevada” annual event was hosted by the Mayor Carolyn Goodman and Terri and Kevin Janison, recognizing distinguished commercial real estate entities in our local development community. The awards program… [More...]
Mark Hansen Named VP of Operations and Security for Cobalt Data Centers
Las Vegas – Cobalt Data Centers announced today that experienced data center executive, Mark Hansen, has been appointed vice president of operations and security for the company. In his new position, Hansen will be responsible for day-to-day operational issues and for the physical security of the company’s facility. Prior to joining Cobalt, Hansen served as director of operations and… [More...]
Technology: Wired Up and Ready to Go

With so much of America looking hopefully to the future, the state of Nevada is building it today by taking all the right steps to become a global technology leader in the year ahead. The technology sector in Nevada “has changed so much in five years,” says Dave Archer, President and Chief Executive Officer of… [More...]
Housing Market: Honing in on Homes

With increasing sales and home values, Nevada’s housing market shows signs of recovery and strength not seen in recent years. “We’re on a good path right now,” said Patti Kelley, president of the Nevada Association of Realtors (NAR), a group that provides services to its members and advocates for private property rights. “We’re pulling out… [More...]
Office Summary: Fourth Quarter 2012

Las Vegas During the fourth quarter of 2012, the office sector witnessed a quarter-over-quarter increase in vacancy rate. The market-wide vacancy rate for the fourth quarter of 2012 was 25.3 percent, up 0.3 percentage points when compared to the prior quarter (Q3 2012). Over one-fourth of existing office space has now been vacant for five… [More...]
Bonefish Grill Partners with Olive Crest for Opening Charity Night in Las Vegas
Bonefish Grill is partnering with Olive Crest as part of its Grand Opening festivities on Saturday, March 16, from 6 – 8:30 p.m. with a special Charity Night to benefit the organization. Supporters will enjoy fresh seafood, refreshing cocktails, and spectacular ambiance and music — all for a great cause — at the restaurant’s newest… [More...]
Sunrise Management Opens Las Vegas Office; Takes Over 183-Unit Property
San Diego Based Firm Taps Multifamily Pro Kathy Relyea LAS VEGAS (February 20, 2013) – Concentrating on expanding its presence in the region, Sunrise Management – which has specialized in the management of residential real estate since 1978 – has opened a new Las Vegas division and tapped multifamily expert Kathy Relyea to take charge.… [More...]
Commercial Brokers Attend Open House at Bigfoot Business Park in Las Vegas
More than 60 brokers representing dozens of commercial real estate companies attended an open house hosted by Gatski Commercial Real Estate Services on behalf of Bigfoot Business Park in Las Vegas. Attending brokers received gift cards, prizes and incentives. Frank Gatski, CPM, CCIM, CEO of Gatski Commercial Real Estate Services, said of the company’s February… [More...]
Getting There: Transportation in Nevada

Nevada is a hub state, with easy access and distribution from both ends of the state to the Western states. Northern Nevada offers access by roadways, railways and an international airport as well as additional airports in surrounding areas. Southern Nevada offers ground access to Los Angeles, Phoenix, Salt Lake City and points south. The… [More...]
Architects & Engineers: Creating Opportunities

Nevada’s architects and engineers particularly were hard hit when the state’s residential and commercial real estate activities abruptly stopped and the recession began. Numerous firms downsized their staffs and operations. Economic conditions forced many of these professionals to leave Nevada for available jobs in other states or remain in the Silver State and pursue a… [More...]
Industrial Summary: Fourth Quarter 2012

Las Vegas With no completions during the quarter, the industrial market witnessed some increased demand, reporting approximately 32,000 square feet of positive net absorption. However, for the year, absorption remained negative with 243,700 square feet of net move-outs. Average asking rates remained flat at $0.51 per square foot per month for the fourth consecutive quarter.… [More...]
