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CBRE

New Users and UsesIndustrial Commercial Real Estate in Nevada

March 1, 2022 By Jennifer Rachel Baumer Leave a Comment

“Industrial real estate across the country is doing extremely well right now. Las Vegas is out performing, but it’s not exclusive to Las Vegas,” said Garret Toft, executive vice president, industrial, CBRE. “We’re seeing a period of very strong demand from tenants and users at a time where we’ve been developing quite a bit of industrial. But, demand is outpacing [supply] and … [Read more...] about New Users and Uses

Commercial RE Report: Industrial SummaryQ4 2021

February 1, 2022 By Nevada Business Magazine Leave a Comment

Northern Nevada By Angel Orozco and Garrett Shutt, CBRE The Reno Industrial market has experienced exponential growth throughout 2021. The region has consistently been a target for large corporate manufacturing and distribution sites, but the pandemic has sky rocketed demand with no signs of stopping. The lack of Class A and B product in the market, led to a rise in … [Read more...] about Commercial RE Report: Industrial Summary

Industry FocusCommercial Brokers

April 1, 2021 By Nevada Business Magazine Leave a Comment

The past year of pandemic related hurdles has presented unique challenges for commercial real estate (CRE) professionals. Each submarket was affected differently by COVID and the market shifted to reflect those changes. Recently, executives representing commercial real estate in Nevada met virtually in a roundtable sponsored by City National Bank to discuss the changes to the … [Read more...] about Industry Focus

Industrial SubmarketDemand Over Pandemic

March 1, 2021 By Chris Sieroty Leave a Comment

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

NAIOP Southern Nevada 2020 “Shed Some Light” Virtual Bus Tour

November 1, 2020 By Nevada Business Magazine Leave a Comment

  NAIOP Southern Nevada’s Bus Tour Committee is pleased to present the 2020 Bus Tour (Virtual) Event. What a year 2020 has been! We know that everyone has felt some level of uncertainty in these unprecedented times, so we are pleased to be able to “Shed Some Light” on the current state of the Las Vegas commercial real estate market. Given the current environment, it … [Read more...] about NAIOP Southern Nevada 2020 “Shed Some Light” Virtual Bus Tour

Uncertain TimesMultifamily in Nevada

July 1, 2020 By John Seelmeyer Leave a Comment

  April was set to be yet another busy month for sales of apartment complexes in Nevada, one of the hottest multifamily markets in the country. And then, all of sudden, it wasn’t. After state and local governments mandated business closures — with resulting job losses — to battle the COVID-19 pandemic, multifamily investors, developers and managers stepped back … [Read more...] about Uncertain Times

Office ProjectsFor a New Generation

February 1, 2020 By John Seelmeyer Leave a Comment

The signals to office developers to develop are typically simple. Economic growth creates demand for office space, existing buildings begin to fill, rents rise and developers can make new projects pencil out. That’s happening, sort of, across Nevada these days. Vacancy rates in office buildings have fallen to about 12 percent in Las Vegas and about 11 percent in Reno, and … [Read more...] about Office Projects

Industry FocusProperty Mangement

September 1, 2019 By Nevada Business Magazine Leave a Comment

  No industry is more involved in the daily running of a building than property management. From dealing with a homeless population to municipalities and tenant renewals, property managers are experts at handling a variety of issues that can arise. Recently, industry leaders met at the Las Vegas offices of City National Bank to discuss commercial real estate and the … [Read more...] about Industry Focus

Reshaping Commercial Real EstateBrokers in Nevada

May 1, 2019 By Jennifer Rachel Baumer Leave a Comment

Nevada commercial real estate industry information and resources from The Decision Makers' Magazine. Includes the latest on Las Vegas, Reno, and Greater Nevada.

Buying, selling and investing in commercial real estate isn’t the same today as it was 10 years ago, and 10 years from now it should be completely changed. “Technology is changing in our industry,” said Brendan Keating, CEO, Logic Commercial Real Estate. “So the way we have to approach business, we need to be thinking about our technology while we’re marketing. Technology … [Read more...] about Reshaping Commercial Real Estate

Henderson Development Association to Host Event on Raiders Move

April 25, 2018 By Henderson Chamber of Commerce Leave a Comment

The Henderson Development Association (HDA), the economic development arm of the Henderson Chamber of Commerce, will host a presentation and mixer, “The Story of the Raiders HQ Relocation - A Win For Henderson,” moderated by Raiders Team President Marc Badain and City of Henderson Mayor Debra March.

Mixer, panel discussion to feature Raiders president, Henderson mayor May 2 HENDERSON – The Henderson Development Association (HDA), the economic development arm of the Henderson Chamber of Commerce, will host a presentation and mixer, “The Story of the Raiders HQ Relocation - A Win For Henderson,” moderated by Raiders Team President Marc Badain and City of Henderson Mayor … [Read more...] about Henderson Development Association to Host Event on Raiders Move

Red Report: April 2018

April 1, 2018 By Nevada Business Mag Leave a Comment

Red Report: April 2018 - Commercial real estate and development - projects, sales, and leases

E Sale, Multi-Family Address 424 S 13th St., 89101 Buyer SDS Realty Corp Seller Vega Villita Apartments, LLC Details 32 units; $54,843/unit APN 139-34-811-051 Seller Rep Blake Leavitt of Wardley Real Estate Sale, Land Address Carey Ave. & Nellis Blvd., 89115 Buyer Doumani Holdings LLC Seller NMG Capital Partners II & GKT5 LLC Details 2.3 acre; $1.25 … [Read more...] about Red Report: April 2018

Today’s World of Brokerage: What to Know

November 1, 2017 By Doresa Banning Leave a Comment

While the process of a commercial real estate broker providing services to a client can be complex, it can be boiled down to a handful of key steps.

Larry Singer’s team at Newmark Knight Frank (NKF) has provided services to Ainsworth Game Technology Ltd. for years. First, the commercial real estate brokerage located a Las Vegas site for this gaming machines manufacturer and supplier’s 300,000 square-foot North American headquarters then helped them acquire, through auction, an additional 5-acre parcel from Clark County to … [Read more...] about Today’s World of Brokerage: What to Know

NAR Reports On Risks And Opportunities Facing The Commercial Real Estate Industry

June 13, 2017 By Press Release Wire Leave a Comment

The election of Donald Trump has made for uncertain times. E-commerce and millennials are changing the commercial real estate industry

LAS VEGAS – The election of Donald Trump has made for uncertain times. E-commerce and millennials are changing the commercial real estate industry. And retail’s loss has been industrial’s gain. Those are just a few of the takeaways from an in-depth report published by the National Association of REALTORS® (NAR) on the risks and opportunities facing the commercial real estate … [Read more...] about NAR Reports On Risks And Opportunities Facing The Commercial Real Estate Industry

Red Report: June 2017

June 1, 2017 By Nevada Business Mag Leave a Comment

Red Report: June 2017 - Commercial real estate and development - projects, sales, and leases

E Sale, Industrial ADDRESS 5080 Judson Ave. 89115 BUYER JDS Surfaces, LLC SELLER Liber, LLC DETAILS 14,500 SF; $850,000 APN 140-20-502-015 SELLER’S REP Danielle Steffen, SIOR and Amy Ogden, SIOR of Cushman & Wakefield | Commerce H Sale, Office ADDRESS 2534 Anthem Village Dr., 89052 BUYER Conejo Valley Properties SELLER Robison Seidler, Inc. DETAILS 5,040 SF; … [Read more...] about Red Report: June 2017

Red Report: April 2017

April 1, 2017 By Nevada Business Mag Leave a Comment

Red Report: April 2017 - Commercial real estate and development - projects, sales, and leases

N Sale, Retail ADDRESS 8043 – 8053 N. Durango Dr., 89131 BUYER Durango SNS, LLC SELLER SSB Propco, LLC DETAILS 11,060 SF; $2,225,000 APN 125-08-817-002 SELLER’S REP Dustin R. Alvino of Marcus & Millichap Sale, Land ADDRESS SEC of Rainbow Blvd. & Ann Rd., 89130 BUYER Herbst Development, LLC SELLER Rainbow Ann 1, LLC DETAILS 1.64 acres; $1.4 million APN … [Read more...] about Red Report: April 2017

Distribution Panel Discussion to Open Henderson Chamber Mixer

March 23, 2017 By Henderson Chamber of Commerce Leave a Comment

HENDERSON – The Henderson Development Association (HDA), the economic development arm of the Henderson Chamber of Commerce, will host a presentation and mixer featuring “Oh, the Places You’ll Go!: A Panel Discussion on Distribution in Southern Nevada” moderated by Tina Quigley, general manager of the Regional Transportation Commission of Southern Nevada. The event will be from … [Read more...] about Distribution Panel Discussion to Open Henderson Chamber Mixer

NAIOP Southern Nevada Chapter Announces Winners of 20th Annual Spotlight Awards

March 21, 2017 By Greg Ferraro Leave a Comment

NAIOP Southern Nevada has announced the 2017 winners of the 20th Annual Spotlight Awards.

NAIOP Southern Nevada has announced the 2017 winners of the 20th Annual Spotlight Awards. The prominent awards event, held March 4 at Red Rock Hotel & Casino, honored distinguished businesses and individuals connected to the commercial real estate and development industry locally. The awards program is designed to highlight NAIOP members who positively impact the industry … [Read more...] about NAIOP Southern Nevada Chapter Announces Winners of 20th Annual Spotlight Awards

Red Report: March 2017

March 1, 2017 By Nevada Business Mag Leave a Comment

Red Report: March 2017 - Commercial real estate and development - projects, sales, and leases

E Sale, Industrial ADDRESS 5406 E. El Campo Grande Ave. Blgds. 7/8 C, 89115 BUYER Exhibit Options SELLER Thomas & Mack Development DETAILS 20,028 SF; $1,962,744 APN 123-28-310-002 BUYER’S REP The Larkin Team of NAI Vegas SELLER’S REP Jake Higgins and Kevin Higgins, SIOR of CBRE Sale, Land ADDRESS NWC of Tropical Pkwy. & Range Rd., 89115 BUYER Madison/Chewy, … [Read more...] about Red Report: March 2017

Spending Power: Nevada’s Retail Market

February 1, 2017 By Jeanne Lauf Walpole Leave a Comment

With the peak holiday spending in their rearview mirrors, Nevada retailers say they are cautiously optimistic about continued growth in 2017.

With the peak holiday spending in their rearview mirrors, Nevada retailers say they are cautiously optimistic about continued growth in 2017. “Retail is trending positive. I’m conservatively bullish and would be happy with one to two percent growth next year,” said Kevin Budny, senior general manager of the Galleria at Sunset in Henderson. “We were comparable to 2015 this … [Read more...] about Spending Power: Nevada’s Retail Market

Red Report: February 2017

February 1, 2017 By Nevada Business Mag Leave a Comment

Red Report: February 2017 - Commercial real estate and development - projects, sales, and leases

E Sale, Land ADDRESS 2214 N. Pecos Rd., 89115 BUYER Oxford Investment Partners SELLER Brian J. Horner DETAILS 3.88 acres; $250,000 APN 140-19-101-015 BUYER’S REP Matthew Feustel of Virtus Commercial Loan, Motel ADDRESS 4288 N. Nellis Blvd., 89115 LOAN OFFICER David Blum of NorthMarq Capital DETAILS NorthMarq Capital negotiated the $3 million refinance of La Quinta … [Read more...] about Red Report: February 2017

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