Office Summary: Fourth Quarter 2014

Southern Nevada The Las Vegas office sector reported positive net absorption for three consecutive quarters in 2014. By the end of the year, the office market vacancy rate was 23.6 percent. The latest vacancy rate is up 0.2 percentage points from the prior quarter, but it has declined 0.7 percentage points from a year ago. During the fourth quarter of 2014, One Summerlin … [Read more...]

Foundation Raising Funds for Veterans Memorial in Downtown Las Vegas

A local foundation is raising money to build a "world-class" veterans memorial in downtown Las Vegas. The Las Vegas Veterans Memorial Foundation is seeking $2.2 million through its Brick Campaign, where bricks are being sold at a range of $250 to $550. All bricks can be purchased in honor of a veteran and customized with the veteran's name, rank, dates of service and … [Read more...]

The Howard Hughes Corporation Announces One Summerlin – First Class A Office Building in Downtown Summerlin Opening Late 2014

The Howard Hughes Corporation announced that One Summerlin a Class A office building will open in late 2014.

LAS VEGAS – The Howard Hughes Corporation (NYSE: HHC) announced  that One Summerlin, a 200,000-square-foot, eight-story, Class A office building in the heart of Downtown Summerlin will open in late 2014 and is already more than 20% pre-leased. Now under construction in the Summerlin master planned community’s emerging 400-acre downtown, One Summerlin is unmatched in amenities … [Read more...]