The Decision Maker's Magazine
Residential real estate agents in Nevada know, better than most, that the last several years have posed a variety of challenges to their industry. Going from an unsustainable boom economy to a market that adds another dimension to the word drought, real estate agents have been on a roller coaster ride. However, as the economy experiences an upswing, so too does the residential … [Read more...]
With the recession having reaffirmed Nevada’s “Battle Born” motto, this recovery has added a new twist on another name for this state, the Silver State. Company owners and executives are seeing the silver lining in a tough economy as businesses grow and are leaner and more efficient than ever. And, while hopeful of the sustainability of this growth, executives remain cautious, … [Read more...]
With new digital platforms popping up left and right, the marketing industry keeps pace to push Nevada businesses forward and out of the recession. Recently, a group of marketing executives met at the Las Vegas offices of City National Bank to discuss the trends and challenges facing their industry. Connie Brennan, publisher and CEO of Nevada Business Magazine, served as … [Read more...]
Until recently, the term “medical tourism” largely referred to Americans traveling out of the country looking for affordable healthcare in technologically advanced but less expensive venues, from Mexico to Thailand and parts in between. Now the term is starting to come home, often referring to domestic travel of American citizens within U.S. borders, traveling to find the … [Read more...]
E Sale, Industrial ADDRESS 4240 N. Lamb Blvd., 89115 BUYER FJM Northpointe Associates LLC SELLER 4240 Lamb Holdings LLC DETAILS 46,624 SF; $2,951,300 APN 140-05-420-000 BUYER’S REP Dean Willmore, SIOR of Colliers International SELLER’S REP Dan Doherty, SIOR of Colliers International Lease, Industrial ADDRESS 5406 El Campo Grande, Ste 180, 89115 TENANT Golden Star … [Read more...]
This year, Las Vegas-based Ear Nose & Throat Consultants of Nevada obtained financing from City National Bank for ground-up construction of a 13,000-square-foot surgery center. This is one of many Silver State businesses contributing to increased demand for banking services. “Businesses cannot ignore the need for growth now,” said John Wilcox, the Nevada regional … [Read more...]
As Nevada’s commercial real estate market rebounds, the state’s brokers are beginning to see a resurgence of business. The following pages highlight those brokers that performed at the top of their field in 2014. Brokers are listed alphabetically and separated by Northern and Southern Nevada. Broker’s were asked to submit a variety of information concerning their 2014 deals … [Read more...]
“Think about the last time you were out of total physical contact with all manufactured goods,” asks Ray Bacon, executive director of the Nevada Manufacturer’s Association. “For most of us, we can’t even think about that time because it’s so omnipresent in our lives.” For that reason among many, it can be argued that, for Nevada, no other industry has as much potential for … [Read more...]
As Nevada’s economy sees improvements in a variety of industries, law firms continue to evolve in order to prepare for the future and better serve their clients. Recently, a group of Nevada attorneys met at the Las Vegas offices of City National Bank to discuss the trends and challenges facing their industry. Connie Brennan, publisher and CEO of Nevada Business Magazine, … [Read more...]
As Nevada’s economy picks up the pace, businesses are returning to Nevada and Nevada is returning to business – mostly. In Southern Nevada there’s no real wage growth, gaming revenues are down, home sales are slowing. At the same time, industrial property vacancies are dropping, flex space rents are low but flex spaces themselves are filling, and big box industrial space is … [Read more...]
E Sale, Industrial ADDRESS 3068-3076 Fremont St., 89104 BUYER Caliente NV, LLC SELLER Heitkotter Family LP DETAILS 19,810 SF; $999,000 APN 162-01-701-003 REP (both) Ben Millis and Chris Beets of Newmark Grubb Knight Frank Sale, Industrial ADDRESS 2512 Abels Ln., 89115 BUYER Torrent Holding Inc. SELLER Abels Lane LLC DETAILS 11,000 SF; $650,000 APN … [Read more...]
Medical education in Nevada is growing and is poised for significant expansion. Collectively, the current and proposed changes will eventually go far in reversing the state’s shortages of medical students, physician residency programs, doctors and nurses. “Everything is about everybody getting bigger, everybody getting successful,” said Dr. Thomas Schwenk, dean of the … [Read more...]
Nothing paints a clearer picture of the results of economic development than the Silver State. Nevada has transitioned from a state with the highest unemployment rates in the country to a state welcoming Tesla to its economy, breaking ground on a 12,000-home master planned community, launching one of the first-of-its-kind interactive medical communities with Union Village and … [Read more...]
As the state continues its steady economic recovery, Nevada’s non-profit organizations have gotten creative in order to fulfill their mission. Collaborative efforts move forward making industry leaders optimistic about the coming years. Executives representing several non-profits throughout the state recently met at the Las Vegas offices of City National Bank to discuss the … [Read more...]
With a New Year upon us, real estate brokers and developers are dampening their expectations for the retail market in Nevada over the next couple of months and for the rest of 2015. Nevertheless, all of them see positive trends for the market and some reason to remain optimistic. “We are clearly in a recovery,” said Brendan Keating, principal with The Equity Group in Las … [Read more...]
E Sale, Industrial ADDRESS 6070 Boulder Hwy, 89122 BUYER Frederic and Barbara Rosenberg Family Trust SELLER Burton-Bowels LLC DETAILS 6,400 SF; $885,000 APN 161-27-311-011 BUYER’S REP Bob Diamond of Platinum Real Estate Professionals SELLER’S REP Neil Sorkin of Cushman & Wakefield Commerce N Sale, Industrial ADDRESS 3355-3675 W. Cheyenne, Ave., 89032 BUYER BKM … [Read more...]
Nevada’s luxury car business dipped during the recession but rebounded fairly quickly, coming back strong. After all, given the demographics of luxury car buyers, the customer base has a bit more resilience and disposable income than other car buying populations. “Business is good and demand is high,” said Don Hamrick, general manager, Chapman Las Vegas Dodge Chrysler Jeep … [Read more...]
Economists and industry analysts can, and will, argue over whether an economic recovery is as strong as numbers seem to indicate. However, they do agree the numbers show Nevada’s economy is on track to strengthen and add more jobs in 2015 because many of the impediments to faster growth have subsided. The unemployment rate has dropped to its lowest level in more than five … [Read more...]
As the economy recovers, commercial real estate is slowly regaining footing in the Silver State. Recently, executives representing the industry met at the Las Vegas offices of Gordon Silver to discuss the challenges of commercial real estate in Nevada. Connie Brennan, publisher of Nevada Business Magazine, served as moderator for the event. These monthly meetings are … [Read more...]
From lowering gold and silver prices to sage grouse habitat protection, Nevada’s mining companies today face challenges that hurt their bottom line. Yet, many continue to forge on, creatively tackling difficulties and working to advance projects. “Different aspects of the industry are struggling, but our ability to be sustainable is greater now than ever because we’ve … [Read more...]