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
Colliers International
Post Pandemic DownsizeOffice Projects in Nevada
Tom van Betten, vice president of strategic partnerships for Matter Real Estate Group, worries about the problems he sees just over the horizon for the office-development market — problems that are directly linked to the uncertainties that have troubled the sector for the past year. Matter is the developer of the $400 million UnCommons mixed-use project in southwest Las … [Read more...] about Post Pandemic Downsize
NAIOP Southern Nevada 2020 “Shed Some Light” Virtual Bus Tour
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
Iconic Women of Distinction Awards 2020
An Iconic History NAWBO Southern Nevada The mission of the National Association of Women Business Owners (NAWBO) Southern Nevada is to educate, empower and promote women business owners to experience success in all economic, political and social arenas. The organization provides informative and success driven monthly meetings which include time devoted to networking with … [Read more...] about Iconic Women of Distinction Awards 2020
Waiting for the Dust to SettleRetail in COVID-Nevada
The future of retail arrived with an unexpected, massive thunderclap this spring. Now retailers, shopping center developers and real estate brokers who specialize in commercial properties are looking over a landscape dramatically changed by the COVID-19 pandemic, identifying winners and losers and making predictions about the future of retail as it continues to unfold. Nobody … [Read more...] about Waiting for the Dust to Settle
HendersonThe Place to Be
West Henderson is recreating itself as an employment center featuring high wage employment, and welcoming new and relocating, expanding businesses. In a few short years, the area has transformed into a center for industrial growth and development, leading the way as a site for advanced manufacturing and distribution facilities. This is planned growth. West Henderson is … [Read more...] about Henderson
Office ProjectsFor a New Generation
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
Colliers International – Las Vegas’s Doherty Industrial Group Pre-Lease Juliet’s Blue Diamond Business Center
LAS VEGAS – Colliers International – Las Vegas is pleased to announce the successful leasing of Juliet’s ±322,560 SF distribution facility at Blue Diamond Business Center in the southwest submarket. The speculative industrial building was the first new development project located in the southwest submarket to be fully leased prior to completion this cycle. Blue Diamond Business … [Read more...] about Colliers International – Las Vegas’s Doherty Industrial Group Pre-Lease Juliet’s Blue Diamond Business Center
Grant Traub of Colliers International – Las Vegas Receives SIOR Designation
LAS VEGAS – Colliers International – Las Vegas announced that Grant Traub, senior vice president of Colliers International – Las Vegas, has achieved his SIOR designation awarded by the Society of Industrial and Office Realtors, a leading global professional office and industrial real estate association. Traub is now the eleventh SIOR designee from Colliers International’s Las … [Read more...] about Grant Traub of Colliers International – Las Vegas Receives SIOR Designation
Colliers International – Las Vegas Closes $16M Sale of Matter Real Estate Group’s Foremost Industrial Property Matter @ Craig
LAS VEGAS – Colliers International – Las Vegas is pleased to announce that Matter Real Estate Groups’ newly constructed 155,790-square-foot class A industrial building located at 4325 Corporate Center Drive has been sold to Christie Lites – the largest stage lighting company in North America. Jerry Doty of Colliers International represented the buyer Christie Lites, and Dan … [Read more...] about Colliers International – Las Vegas Closes $16M Sale of Matter Real Estate Group’s Foremost Industrial Property Matter @ Craig
Colliers International – Las Vegas Promotes Keith Cubba to Senior Vice President
LAS VEGAS – Colliers International – Las Vegas is pleased to announce the promotion of Keith Cubba to Senior Vice President. In his role, Cubba will lead strategy and growth for the Las Vegas office and oversee some of the company’s largest transactions in the local commercial real estate market. Cubba joined Colliers in 2005 and after four years of brokering investment … [Read more...] about Colliers International – Las Vegas Promotes Keith Cubba to Senior Vice President
Colliers International – Las Vegas’ Industrial Team Leases Panattoni’s ±482,300 Square Foot Distribution Facility at south15 Airport Center
LAS VEGAS – Colliers International – Las Vegas is pleased to announce the lease up of Panattoni’s newly completed ±482,300 SF distribution facility at South15 Airport Center in Henderson to Smith Food & Drug Centers, Inc. The facility will be used by Smith’s as a distribution center for dry good products serving locations in the southwest, including Nevada, New Mexico, … [Read more...] about Colliers International – Las Vegas’ Industrial Team Leases Panattoni’s ±482,300 Square Foot Distribution Facility at south15 Airport Center
Do You Think Nevada Is Still a Tax Friendly State?
“Absolutely! Living in Nevada with no state income tax is a big deal. Especially for Californians who are sick and tired of paying considerably more income tax on their hard earned income.” Mike Mixer, Executive Managing Director | Las Vegas, Colliers International “Nevada is certainly still a tax friendly state, especially as compared to states like California where we moved … [Read more...] about Do You Think Nevada Is Still a Tax Friendly State?
Colliers International – Las Vegas Releases 2nd Quarter Report
LAS VEGAS – Commercial real estate demand remained strong at midyear 2018 in Southern Nevada, while some segments of the market saw growth accelerate, others saw growth slow. The office market in Southern Nevada continued its hot streak in the second quarter of 2018. Southern Nevada has seen 14 consecutive quarters of positive net absorption, which has sent vacancy down from … [Read more...] about Colliers International – Las Vegas Releases 2nd Quarter Report
Steven Haynes Promoted to Associate Vice President
LAS VEGAS – Colliers International – Las Vegas is proud to announce Steven Haynes has been promoted to Associate Vice President. Haynes joined Colliers in 2014 and specializes in transactions related to land and investment sales. “Steve is completely deserving of this promotion,” said Mike Mixer, Executive Managing Director for Colliers Las Vegas. “He works hard and always … [Read more...] about Steven Haynes Promoted to Associate Vice President
Colliers International – Las Vegas and Four Brokers Receive 2017 CoStar Power Broker Awards
Colliers International – Las Vegas is pleased to announce it has been named a 2017 CoStar Power Broker by CoStar Group, Inc. (NASDAQ: CSGP), commercial real estate's leading Internet provider of information, analytics and marketplaces. Colliers International – Las Vegas qualified as one of the top commercial brokerage firms for leasing and sales in the Las Vegas market based on … [Read more...] about Colliers International – Las Vegas and Four Brokers Receive 2017 CoStar Power Broker Awards
Red Report: April 2018
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
Colliers International – Las Vegas Named Brokerage Firm of Year for 13th Consecutive Year
LAS VEGAS – Colliers International – Las Vegas was named Brokerage Firm of the Year for the 13th consecutive year by NAIOP Southern Nevada. The award was announced at NAIOP’s 21st Annual Spotlight Awards event on February 24, 2018 at Green Valley Ranch Resort and Casino. The award is the highest honor a brokerage firm can receive through NAIOP. Judging was based on the … [Read more...] about Colliers International – Las Vegas Named Brokerage Firm of Year for 13th Consecutive Year
Colliers International – Las Vegas Recognizes Top 10 Producers for 2017
LAS VEGAS – Mike Mixer, Executive Managing Director of Colliers International – Las Vegas, is proud to announce four brokers from the Las Vegas office have joined the esteemed Colliers Everest Club for 2017. Dan Doherty, SIOR, Mike Stuart, Dean Willmore, SIOR, and Brian Riffel, SIOR were inducted into the prestigious Colliers Everest Club. Their 2017 revenue places them in … [Read more...] about Colliers International – Las Vegas Recognizes Top 10 Producers for 2017
Red Report: March 2018
E Sale, Industrial Address 5450 Stephanie St., 89122 Buyer Stephanie Industrial Park Seller NGP Stephanie Property Details: 206,474 SF; $905,000 APN 161-27-314-003 Seller Rep Dean Willmore, SIOR of Colliers International Sale, Multi-Family Address 4801 E Sahara Ave., 89104 Buyer 29SC Sahara LP Seller Prime Residential Details: 312 Units; $74,679 per unit APN … [Read more...] about Red Report: March 2018