Chris McGarey knows the key to managing property is maximizing income and reducing costs without giving up value. But shaking hands, exchanging words and putting smiles on the faces of clients and colleagues is what he and his partner (and wife), Monica McGarey, believe sets their company apart. McGarey Partners’ mission statement conveys a desire to offer service that … [Read more...] about McGarey Partners: Making Deals on a More Personal Level
Archives for September 2007
Tenant Improvements: Who Can Afford Them?
Due to Nevada’s vibrant economy and immense growth, the state’s commercial tenant improvements industry is booming. High construction and land costs, however, are greatly affecting the market and its key players. A look at the industry reveals several related trends. The Nuts and Bolts Commercial tenant improvements, often referred to as TIs, are modifications made to a … [Read more...] about Tenant Improvements: Who Can Afford Them?
September 2007: Business Up Front
Poll Shows Good Deeds Often Go Unrewarded More than one-third of professionals recently polled by OfficeTeam said businesses are ineffective at rewarding their employees’ strong performance. Thirty percent of managers who were surveyed agreed. Here are some suggestions to effectively recognize staff: • Say thanks, either in writing or in person; • Give the gift of time, … [Read more...] about September 2007: Business Up Front
Tahoe Regional Planning Agency: Tried in the Fire
The June 2007 Angora Fire at Lake Tahoe burned 3,100 acres, destroyed 254 homes and caused more than $150 million in property damage. Many local residents are now blaming the Tahoe Regional Planning Agency (TRPA) for creating conditions that made the fire damage worse. PA was created to address valid concerns, but it has grown into what former Nevada Assemblywoman Sharron Angle … [Read more...] about Tahoe Regional Planning Agency: Tried in the Fire
The Hispanic Market: Working in a Diverse Society
In the vibrant and growing Nevada economy, one of the key factors has long been diversity. As Nevada and this country look to the future, it is apparent that diversity will have an even greater impact. Yet, while diversity is important, defining it is a challenge. Dictionary definitions are of little help, and people seem to form their own ideas about what it means. It’s … [Read more...] about The Hispanic Market: Working in a Diverse Society
Higher Education and Business Need Each Other: But Are They Meeting Each Other’s Needs?
The university has three main missions, according to University of Nevada, Reno (UNR) president Milton D. Glick: to prepare an educated workforce while at the same time, helping to create high-value jobs for that workforce; to prepare leaders, help create an educated citizenry and encourage people to live as full a life as possible; and third, to discover new knowledge through … [Read more...] about Higher Education and Business Need Each Other: But Are They Meeting Each Other’s Needs?
Nevada State College: Developing Campus of the Future
It has been an historic summer for Nevada State College and all of Nevada. The Board of Regents of the Nevada System of Higher Education approved an interlocal agreement in July between Nevada State College (NSC) and the city of Henderson, which conveys 500-plus acres of federal land to the Nevada System of Higher Education and the college for educational and recreational … [Read more...] about Nevada State College: Developing Campus of the Future
An Elephant or a Donkey? The Silver State Votes
Anyone who has ever run for statewide office in Nevada knows one thing: trying to characterize voters in the Silver State into one general category is a huge mistake. Are they conservative? Possibly more conservative than some states, but they did vote to elect Bill Clinton twice. And the makeup of our state Assembly certainly shows that progressive, liberal-leaning … [Read more...] about An Elephant or a Donkey? The Silver State Votes
Employee Incentive Programs: Perks or Entitlements?
Incentive programs – a good idea or a recipe for problems? The vast majority of employers today recognize that good pay and benefits are simply not enough to attract, hire and retain good people. This is why incentive programs continue to gain in popularity and have produced positive results. If asked, many employees will say they are motivated by money but numerous studies … [Read more...] about Employee Incentive Programs: Perks or Entitlements?
Outsourcing IT: A Valuable Proposition
Market change and business growth are the key value drivers in information technology IT outsourcing. As IT market conditions change and a company grows, management’s attention is driven by progress, rather than process. For that reason, many businesses choose to outsource these process demands based on a variety of factors. Whether you are a larger company with an internal IT … [Read more...] about Outsourcing IT: A Valuable Proposition
September 2007: Building Nevada Briefs
Crisci Builders to Build-Out Agassi Enterprises Joseph Crisci, president of Crisci Builders, recently announced the Las Vegas-based general contractor is completing tenant improvement services for Agassi Enterprises, Inc., an enterprise which oversees Andre Agassi’s business and charitable ventures. Crescent Real Estate contracted Crisci Builders to handle the TI project for … [Read more...] about September 2007: Building Nevada Briefs
September 2007: Business Indicators
Housing’s rebalancing, as reflected in the sharp decline in permitting activity relative to year-ago levels, has created an economic drag, resulting in more modest change of late. For example, Nevada’s employment growth has slowed to 1.7 percent as measured by the June 2007 level relative to June 2006. Over the same period, Las Vegas (Clark County) posted a 2.1 percent gain and … [Read more...] about September 2007: Business Indicators
Office Market Summary: 2nd Quarter 2007
Las Vegas: The Las Vegas Valley’s speculative office space vacancy rate remained relatively unchanged from first quarter 2007. It increased by 0.1 percentage points to 10.9 percent. Class A vacancy increased by 3.4 percentage points to 10.5 percent, while Class C rose by .08 percentage points to 13.5 percent. The reported Class B vacancy rate was 10.6 percent (down 1.1 … [Read more...] about Office Market Summary: 2nd Quarter 2007
September 2007: Face to Face
Amy Ayoub President Ayoub and Associates Las Vegas Years in Nevada: 54 Years with Firm: 9 Type of business: Political and non-profit fundraising, business and personal coaching, training. Biggest business challenge: Finding the best staff for my style and for my clients. As we grow, we continue to face the challenge of finding others who fit comfortably. What … [Read more...] about September 2007: Face to Face
Industry Focus: Bankers
Recently, industry experts sat down at Cili Restaurant in Las Vegas to discuss Nevada’s banking industry, including loans, effects of the slumping housing market, the evolving commercial market, workforce issues and competition. Connie Brennan, publisher of Nevada Business Journal, served as the moderator for the event as part of the magazine’s monthly Industry Focus series, … [Read more...] about Industry Focus: Bankers