The Wild Wild West NAIOP Southern Nevada’s Bus Tour Committee is proud to present the 2018 “Wild Wild West” Bus Tour event. We welcome ya’ll to get on the buses and tour the commercial real estate projects that are shaping Southern Nevada. This year’s tour builds on the success of the 2017 event adding exciting new properties and showcasing what’s to come. Southern … [Read more...]
Best Companies to Work for in 2018: Defining the Times
Today’s workplace is changing at a rapid rate due to the wants and needs of the modern employee. From flexible hours to accessible and open leadership, workers in 2018 are demanding more than just money and benefits; they want to be a part of something special. The companies featured in the following pages have managed to create that special environment and offer … [Read more...]
The Business of Credit Unions: The “Own-Your-Own” Financing Institution
“Credit unions have a different structure and business model than banks do, but they’re still depository institutions, so safe and sound is still safe and sound,” said George Burns, commissioner, Nevada Financial Institutions Division (NFID). They’re also the largest state-chartered, locally owned financial institutions in the state, according to Matt Kershaw, CEO, Clark … [Read more...]
Nevada’s Retail Industry: Going Strong, Evolving
During the recession, brokers across the board did what they could to stay busy, from cold calls to out-of-the-box solutions. Nevada’s retail market was no different. Christina Strickland, a CBRE Las Vegas senior associate who specializes in retail, no longer has to make cold calls to drum up business like she did during the recession. Now, she’s receiving calls, in abundance, … [Read more...]
Industry Focus: Education
Education has long been a hot-button issue in Nevada, oftentimes because of a negative perception. Recently, executives representing education in Nevada met at the Las Vegas office of City National Bank to discuss this perception, the challenges the state faces and solutions moving forward. Connie Brennan, publisher and CEO of Nevada Business Magazine, served as moderator … [Read more...]
Red Report: November 2018
BC Sale, Retail Address 1410 Boulder City Pkwy., 89005 Buyer 1410 Boulder City Highway Seller AP Holdings & Thespy Details 2,640 SF, $750,000 APN 186-08-310-003 Seller Rep Cathy Jones and Paul Miachika of Sun Commercial Real Estate, Inc. ESale, Retail Sale, Office Address 229 S. Las Vegas Blvd., 89101 Buyer Green Unicorn Seller Nemo, Inc. Details 8,250 SF, … [Read more...]
The Drive: Automobiles in Nevada
Automobile sales in Nevada are following the national trend of keeping steady after years of growth. Following seven years of steady, and at times rapid, increases in sales, volume is beginning to flatline and the future is uncertain, according to multiple car dealership executives in Nevada. In the previous eight years, new car sales had grown by an average of 5 percent … [Read more...]
Medical Education in Nevada: Progress Made, Long Way to Go
Great strides in expanding medical education in Nevada have been made in the past few years. Yet the effects have been minimal so far and won’t kick in until years in the future. In addition, much more work needs to be done, experts said. “[Medical education] is improved and has a long way to go,” said Shelley Berkley, CEO and senior provost of Touro University’s … [Read more...]
Industry Focus: CPAs
An asset to any business, CPAs and accountants have a multitude of challenges when it comes to staying on top of new laws and advising their clients. Recently, executives representing this industry met at the Las Vegas office of City National Bank to talk about the changes they’ve seen recently and what is on the horizon. Connie Brennan, publisher and CEO of … [Read more...]
Legal Opinions 2018: Expert Knowledge for Nevada Businesses
Legal Opinions, a Nevada Business Magazine feature for the past seven years, is a compilation of expert knowledge on a variety of topics. Written by attorneys, all of whom are highly educated on their featured topic, this special report is a one-stop resource for executives. Articles in the 2018 edition of Legal Opinions range from marijuana to private equity and healthcare. … [Read more...]
CRE Financing: Evolving with Nevada’s Economy
A tremendous number of loans for commercial real estate (CRE) projects are being sourced and approved in Nevada in what’s described as a robust market being driven by industrial and multi-family properties. “We are seeing a good deal of industrial, including build-to-suit industrial and even some spec type industrial, and we’re seeing a lot of multi-family [apartments] and … [Read more...]
SNWA Water-Smart Programs Help Businesses Reduce Operating Costs, Prepare for Shortage
With the first declared shortage in the Colorado River’s history expected in 2020, the Southern Nevada Water Authority (SNWA) is offering greater financial incentives to businesses that implement water-efficiency measures. The not-for-profit water agency recently increased both the incentive amount for replacing turf with drip-irrigated plants and the number of square feet … [Read more...]
MEET Las Vegas: A Meeting and Event Venue Unlike Any Other.
Vision. MEET Venue. For event planners and businesses seeking a unique venue, MEET provides 40,000 sq. ft. and three stories of truly customizable, technologically advanced, personally inspiring meeting and event space in the heart of Downtown Las Vegas. Anything is possible in this flexible, adaptive blank-canvas opportunity for the event planner. Multiple space … [Read more...]
Red Report: October 2018
E Sale, Industrial Address 4425 & 4405 E. Sahara Ave., 89104 Buyer CIP Real Estate Corporation Seller East Sahara SPE Details 72,042 SF; $6.8 million APN 161-08-101-001 Seller Rep Brian Riffel, SIOR and Tyler Jones of Colliers International Sale, Industrial Address 2729 N. Lamb Blvd., 89115 Buyer Beverage Excellence Seller MCA Lamb Details 6,347 SF; … [Read more...]
How We Stack Up 2018
Each year, Nevada Business Magazine collects data comparing Nevada to other states and to past years, tracking economic cycles and delivering a snapshot of what it’s like to live in the Silver State. In the first edition 12 years ago, Nevada was riding high economically, with 4 percent unemployment and the challenge of finding enough workers to fill available positions. Then … [Read more...]
Guarding Business: Cybersecurity in Nevada
Earlier this year, the malware program VPNFilter infected hundreds of thousands of office and home routers and networked devices around the world. The cities of Atlanta and Baltimore experienced ransomware attacks, the latter causing the 911 dispatch system to be offline for 17 hours. Confidential data were breached at numerous companies—Adidas, Dignity Health, Honda, LabCorp, … [Read more...]
Industry Focus: Bankers
An industry that saw major changes and new regulations after the recession hit, banking has endured a host of ups and downs. Currently in an upswing, the industry is cautious and working toward smart growth. Recently, banking executives met at the Las Vegas offices of City National Bank to discuss banking and talk about some of the changes they’re seeing. Connie Brennan, … [Read more...]
Thirteenth Annual Healthcare Heroes
LEGACY The first and longest running program of its kind in Nevada, Healthcare Heroes was born in 2006 with 10 categories and a seemingly endless supply of nominees. Since the beginning, Healthcare Heroes has been a catalyst to help grow healthcare in the Silver State. Taking the idea of contributing to healthcare a step further, the Healthcare Heroes scholarship … [Read more...]
Commercial Property Management: Changing and Adapting with Nevada’s Economy
All three commercial real estate sectors – industrial, retail and office – are growing in Nevada, though at different speeds by sector and geography. Industrial is driving the growth, office is still lagging but beginning to grow and retail is returning as the economy continues to recover. Commercial real estate sectors might be experiencing growth, but investors, businesses … [Read more...]
First Independent Bank: Your Prescriptions for Success
First Independent Bank specializes in helping healthcare providers with their distinct banking needs. HEALTHCARE BANKING EXPERTISE First Independent Bank’s in-depth experience with professional healthcare providers – combined with our focus on expert, personalized service and innovative banking options – makes for a healthy approach to your business. Our highly experienced … [Read more...]
