Improvements Coming to East Downtown in Reno

Reno’s East Fourth Street will be transformed during the second annual Positively 4th Street Better Block Project event. Considered “the gateway” to downtown Reno, Fourth Street is home to several historical properties but is in need of upgrades and repair. Local businesses are looking to spruce up the area through landscaping, adding a two-way bicycle lane, re-striping traffic… [More…]

PENTA to Host Safety Stand Down Event at SLS Las Vegas on June 2

WHO: The PENTA Building Group WHAT: The PENTA Building Group, a leading general contractor headquartered in Las Vegas, will shut down all work on the large-scale SLS Las Vegas project from 12:30 to 1 p.m. on Monday, June 2 to host its quarterly Safety Stand Down event. The safety-focused event will include the entire workforce… [More…]

Power Poll 2014: The Bounce Back

The 2014 Power Poll marks the twelfth year executives have weighed in on various issues that affect business for Nevada Business Magazine.

Optimism characterizes the mood of Nevada executives this year. Whether it’s waving goodbye to the recession or already having moved on to bigger and better things, business owners and executives have officially brushed off the oppressive economy and are now working on the bounce back. The 2014 Power Poll marks the twelfth year executives have… [More…]

Nevada Real Estate & Development Report: January 2014

Read the Nevada Real Estate and Development Report: January 2014 - Commercial real estate and development - projects, sales, and leases.

New Year – New Format The ReD Report has a new, easier to read format. Commercial real estate professionals throughout the state have requested the report be categorized in market areas, as opposed to zip codes. The color-coded areas correspond to the map below and each deal is presented in a more concise manner. We… [More…]

PENTA Completes Expansion of Carpenters Union International Training Center

The PENTA Building Group completed its $43 million expansion of the Carpenters Union International Training Center in Las Vegas.

LAS VEGAS –The PENTA Building Group announced it has completed its $43 million expansion of the United Brotherhood of Carpenters and Joiners of America International Training Center, located at 6801 Placid St. in Las Vegas. The new 220,000-square-foot addition to the facility will be utilized to provide a wide variety of training resources for members of the… [More…]

Nevada Real Estate & Development Report: October 2013

Nevada ReD Report October 2013: Commercial real estate and development - projects, sales, and leases.

Projects Henderson, 89052 Hospital Burke Construction has begun construction on the Seven Hills Behavioral Institute Expansion project. Plans for the project include the conversion of an existing one story, 15,000 SF office building to an institutional occupancy building. Upgrades will provide additional space for 36 new inpatient psychiatric beds located within two nursing units. The… [More…]

The PENTA Building Group Completes Downtown Zappos Headquarters

The PENTA Building Group announced it has completed its renovation of the former Las Vegas City Hall into the new Zappos headquarters in Downtown Las Vegas.

LAS VEGAS – The PENTA Building Group announced it has completed its renovation of the former Las Vegas City Hall into the new Zappos headquarters in Downtown Las Vegas. “This is a significant project for the revitalization of downtown Las Vegas. As a Las Vegas-based company with deep roots in this community, PENTA is thrilled to… [More…]

The PENTA Building Group Hosts Charity Golf Tournament, Raises $100,000 for Local Nonprofits

The PENTA Building Group hosted its ninth annual PENTA Charity Golf Classic at the Revere Golf Club in Henderson, Nev. and raised $100,000 for nonprofits.

LAS VEGAS – The PENTA Building Group recently hosted its ninth annual PENTA Charity Golf Classic at the Revere Golf Club in Henderson, Nev. Golf participants, subcontractors and vendors who attended the tournament raised a total of $100,000 for the Nevada Childhood Cancer Foundation and the Women’s Development Center. Each organization received $50,000 to support its… [More…]

Industry Focus: Commercial Real Estate

Industry experts are beginning to see an uptick in Nevada commercial real estate. Executives recently discussed the market.

It’s likely that no industry has felt the recession as strongly as the commercial real estate industry. Yet, industry experts are beginning to see an uptick in the previously challenged market. Executives representing commercial real estate interests recently met at the Las Vegas offices of Stable Development to discuss the market. Connie Brennan, publisher of… [More…]

The PENTA Building Group Announces Executive Promotion

John Cannito

The PENTA Building Group announced the promotion of John Cannito to chief operating officer. In his new role, Cannito is responsible for directing all of PENTA’s departments, including business development, preconstruction, estimating, construction operations, and finance and corporate services. Cannito joined PENTA in 2004 as director of corporate services, and he was promoted to vice… [More…]

The PENTA Building Group Completes North Las Vegas Readiness Center

LAS VEGAS (May 16, 2013) – The PENTA Building Group announced today the completion of the North Las Vegas Readiness Center. The 68,000-square-foot facility, which the Nevada National Guard will utilize for training, includes a main building with an auditorium, assembly hall, multiple classrooms, office area, storage area, locker room and security vault. A smaller security… [More…]

Industry Focus: Commercial Real Estate

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Executives representing this industry recently met at the Las Vegas office of Holland & Hart to discuss commercial real estate and what’s in store for the future.

Kyle Nagy, Commercial Capital Advisors, NAIOP; Cathy Jones, Sun Commercial Real Estate; Ryan Martin, Colliers International, CCIM; Jeffrey Vilkin, Tradewinds Construction; Mason Gorda, Ledcor Construction; Kevin Burke, Burke & Associates; Michael Dermody, DP Partners; Mike Montandon, VOIT Commercial Real Estate; Jeff Ehret, PENTA Building Group; Doug Roberts, Panattoni Development; Robert Leidig, Flagship Construction Co.; Mike Mixer, Colliers International; Laurie Paquette, General Growth Properties; Lance Earl, Holland & Hart [More…]

What is a leader’s greatest attribute?

“A leader’s greatest attribute is the ability to forward think. Great leaders anticipate obstacles or challenges that may affect a team and can adjust quickly.” Carol Mayorga • District Manager, Wells Fargo Bank– The Horizons District “I don’t think there is a single greatest attribute. Vision, the ability to motivate and inspire people, providing clear… [More…]