Commercial real estate in Nevada has seen its share of challenges and continues to face an uncertain market. Facing common issues of labor shortages and supply chain constraints, builders and developers are navigating a shifting market, concerns over capital and struggling to meet deadlines due to red tape. Commercial real estate executives recently met at a roundtable … [Read more...] about Industry Focus
Rod Martin
Industry FocusBuilders & Developers
Like many other industries, builders and developers have been dealing with a multitude of COVID-related issues, from supply chain disruptions to market uncertainty. Building and development leaders have been challenged with remaining flexible on projects and adapting where possible. Recently, leaders in these industries met in a virtual roundtable, sponsored by City National … [Read more...] about Industry Focus
Industrial SubmarketDemand Over Pandemic
The industrial real estate market has been crucial to the economy throughout the coronavirus pandemic as its stability has been driven by demand from e-commerce companies as consumer spending habits have shifted away from brick-and-mortar retail to online. That shift may be permanent as Nevada’s economy begins to recover from the pandemic. But some brokers believe retail … [Read more...] about Industrial Submarket
Industry Focus: Commercial Real Estate
The commercial real estate (CRE) industry in Nevada has been growing in recent years despite a number of hurdles professionals have overcome. Leaders in commercial real estate recently met at the Las Vegas offices of City National Bank to discuss the challenges and opportunities facing their industry and what’s on the horizon moving forward. Connie Brennan, … [Read more...] about Industry Focus: Commercial Real Estate
Builders & Developers: Resurgence in the Market
Commercial builders and developers in Nevada are moving ahead – not as robustly as they would like, to be sure – with projects in a variety of segments. John Restrepo, the principal of RCG Economics LLC in Las Vegas, has observed that Southern Nevada’s three major commercial markets – industrial, office and retail – are “moderately improving, although the overall numbers and … [Read more...] about Builders & Developers: Resurgence in the Market