EZMAYO, LLC dba Jimmy John’s leased 1,000 square feet of retail space for 60 months at 5463 S. Rainbow Blvd, Ste B-3, from Levian Flamrain Las Vegas, LLC and Ravan Flamrain Las Vegas, LLC. Total consideration was $143,346.84. Michael Zobrist and Nelson Tressler of Newmark Grubb Knight Frank represented the lessor in the transaction. … [Read more...]
Retail Summary: Fourth Quarter 2015
Southern Nevada The Las Vegas Valley anchored retail vacancy rate rose slightly from 10.2 in Q3. 2015 to 10.3 percent in Q4, 2015. At the end of Q4, vacancy rates ranged from 7.5 percent in power centers to 11.2 percent in neighborhood centers. With the retail market just above the 10 percent stabilized rate and taxable retail sales at all-time highs, the Valley’s anchored … [Read more...]
Retail Summary: Third Quarter 2015
Southern Nevada The Las Vegas Valley anchored retail vacancy rate dropped slightly to 11.4 percent in Q3, 2015. At the end of Q3, vacancy rates ranged from 9.3 percent in power centers to 13.2 percent in neighborhood centers. With the retail market just above the 10 percent stabilized rate and taxable retail sales at all-time highs, the Valley’s anchored market remains fairly … [Read more...]
Commercial Retail Summary: Second Quarter 2015
Southern Nevada The Las Vegas Valley Anchored Retail vacancy rate remained unchanged at 11.9 percent in the second quarter. At the end of Q2, vacancy rates ranged from 9.2 percent in Power Centers to 13.2 percent in Neighborhood Centers. The second quarter ends two consecutive quarters of increasing vacancy rates. With the retail market near the 10 percent stabilized rate and … [Read more...]
Park Place Infiniti Sponsors Smiles for Survivors; Governor Approves Solar Tax Incentives
Park Place Infiniti Sponsors Smiles for Survivors Park Place Infiniti is sponsoring the fourth annual Blow Out Breast Cancer event, presented by the Smiles for Survivors foundation and Square Colour Salon and Spa. [Read More...] Governor’s Office of Energy Approves Solar Tax Incentives Highlighting its commitment to renewable energy in Nevada, the Governor’s Office of Energy … [Read more...]
Henderson Chamber Opposes ‘Margin Tax,’ Question 3
No guarantee money slated for education would land in educators’ hands HENDERSON, Nev. – The Henderson Chamber of Commerce recently surveyed its membership regarding the proposed Margin Tax, or Question No. 3, on the November ballot and received an “overwhelming response” in opposition, said Scott Muelrath, president and CEO of the Henderson Chamber of Commerce. The … [Read more...]
