Industrial Summary: First Quarter 2015

Southern Nevada The overall vacancy rate for the Las Vegas Valley industrial market in Q1, 2015 was 6.9 percent, a drop of 0.3 points, from 7.2 percent in Q4, 2014. The first quarter’s decline equates to nine straight quarters of declining industrial vacancies. The strong growth in the demand for industrial space, paired with resurgent construction, shows that the Valley’s … [Read more...]

Officials Break Ground on Moapa Paiute Tribe Solar Project

The first utility-scale solar project on tribal land is underway in Southern Nevada. U.S. Senate Majority Leader Harry Reid (NV) joined representatives from the Moapa Band of Piautes and executives from First Solar, Inc. (Nasdaq: FSLR) and the Los Angeles Department of Water and Power (LADWP) to kick off construction on the 250 Megawatt power plant. The project is located on … [Read more...]

Panattoni Receives NAIOP Spotlight Award for SHFL entertainment Project

Panattoni Development Company announced the firm’s SHFL entertainment headquarters project received a NAIOP Southern Nevada Spotlight Award.

LAS VEGAS – Doug Roberts, partner for the Nevada division of Panattoni Development Company, announced the firm’s SHFL entertainment headquarters project received a NAIOP Southern Nevada Spotlight Award this month in recognition of the project’s impact on the local economy. The SHFL entertainment headquarters, a 130,000-square-foot office, warehouse and manufacturing … [Read more...]

Miller Industrial Properties Brings 390,000 SF Panattoni, Stead Industrial Center Property to 100 Percent Occupancy

Oct-31

Reno, Nevada., (October 19, 2012) – Miller Industrial Properties has completed the lease-up of Panattoni’s Lear 390 Property at the Lear Industrial Center, Reno, Nevada. A 1,419,000 sf, 4 building complex, 15 miles north of downtown Reno, NV. The property, which is 390,000 sf, is now fully long term occupied, according to Tom Miller, President of Miller Industrial … [Read more...]