Industrial real estate isn’t static. Buildings are constructed, leased up and absorbed, vacancy rates fall and climb again, buildings constructed for one purpose end up serving another. Everything varies with the cycle of the economy. Industrial real estate itself is a microcosm view of the industries using it. The Nevada Market In Nevada, indicators point to continued … [Read more...]
Industry Focus: Builders & Developers
Arguably the most beleaguered industry during the Great Recession, builders and developers have bounced back with a vengeance. Executives in this industry recently gathered to discuss their industry, the rebound and new challenges builders and developers face. Connie Brennan, publisher and CEO of Nevada Business Magazine, served as moderator for this event. The magazine’s … [Read more...]
Industry Focus: Commercial Real Estate
The commercial real estate (CRE) industry in Nevada has been growing in recent years despite a number of hurdles professionals have overcome. Leaders in commercial real estate recently met at the Las Vegas offices of City National Bank to discuss the challenges and opportunities facing their industry and what’s on the horizon moving forward. Connie Brennan, … [Read more...]
Developing Big Boxes: Growth in Nevada’s Industrial Market
That sound that developers of industrial properties hear in the background is the ticking of the clock counting down the longest-lived economic recovery since World War II. But although the ticks are growing louder, demand for space from new and expanding industrial companies keeps developers busy in Las Vegas and Reno alike. The reasons for the boom are a well-told … [Read more...]
NAIOP Southern Nevada Chapter Announces Winners of 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...]
NAIOP Southern Nevada presents, “The Developer Panel”
Who: NAIOP Southern Nevada, the commercial real estate development association; Rick Myers, President, Thomas & Mack Development Group; Jeff LaPour, Principal, LaPour; Rod Martin, Senior Vice President, Majestic Realty Co.; Jeff Foster, Vice President, Prologis; John Ramous, Senior Vice President, Regional Manager, Harsch Investment Properties What: NAIOP Southern … [Read more...]
Industry Focus: Builders and Developers
Many builders and developers in the Silver State fought through the recession only to come out on the other side and realize there are new challenges facing their companies. Leaders in commercial building and development recently met at the Las Vegas offices of City National Bank to address these challenges and discuss opportunities in the industry. Connie Brennan, publisher … [Read more...]
My Henderson
The City of Henderson is open for business. And families. And for anyone who enjoys being in a city consistently awarded best of designations. In November of last year, for example, 24/7 Wall Street named Henderson to the list of America’s 50 Best Cities to Live in. The city is growing. Businesses are opening, financial services and corporate headquarters are calling … [Read more...]
NAIOP Strong
By relying on the strong foundation formed by its members, and finding new ways to serve those members, NAIOP Southern Nevada has come out of the economic downturn stronger than ever. The premier association for commercial real estate professionals, NAIOP, the Commercial Real Estate Development Association, offers educational and networking opportunities, and also serves as … [Read more...]
Henderson Chamber of Commerce Names 2015-16 Board
Board took office July 1, will be sworn in Sept. 3 at State of the Chamber Address HENDERSON, Nev. – The Henderson Chamber of Commerce has named the members of its 2015-16 executive board. The board took office July 1 and will be sworn in Thursday, Sept. 3, at the annual State of the Chamber Address. The following were named to the executive board: Tim Brooks (Emerald … [Read more...]
Trending in Henderson
From a company town to a city companies want to be in: Henderson has trended towards the feel of a hometown community while evolving to meet the needs of residents and businesses. In the 1930s, Henderson housed builders working on Boulder Dam. During World War II the Basic Magnesium Plant in Henderson processed magnesium. Those workers left after the war, but Henderson … [Read more...]
A Developing State: Growing Economy Encourages New Projects
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...]
NAIOP Southern Nevada Chapter Announces New Officers, Board of Directors and Committee Chairs for 2015
Las Vegas –NAIOP Southern Nevada chapter -- a trade organization representing commercial real estate developers, owners and related professionals in office, industrial, retail and mixed-use real estate in Southern Nevada -- has announced its 2015 officers, board of directors, committee chairs, and liaisons. The 2015 NAIOP Southern Nevada officers are as follows: … [Read more...]
NAIOP Works for Southern Nevada’s Commercial Real Estate Industry
As an organization, it’s clear that NAIOP works. The commercial real estate development association serves as the premier trade organization for commercial real estate development professionals in Southern Nevada. Membership includes brokers and developers as well as general contractors, bankers, architects, engineers, title companies and attorneys. In large part, it’s the … [Read more...]
Is Nevada’s Recession Over?
“Yes. The pendulum is swinging back in a positive direction. Get ready... good things are happening now and it’s about to get fun again!” Mike Mixer • Managing Partner, Colliers International – Las Vegas - “We see promising signs that the recession is over and the economy is on a sustainable upswing. Certainly, there are challenges that remain, but our clients are … [Read more...]
Finding our Niche: Distribution Centers in Nevada
In an effort to diversify Nevada’s economy away from over reliance on travel and tourism, hospitality and gaming, economic development authorities throughout the state continue to work to find the perfect industries for Nevada’s business-friendly tax climate, wide-open spaces, multi-modal transportation systems and easy access to the 11 western states. In 2011, the … [Read more...]
Industry Focus: Economic Development
A phrase that’s been bounced around everywhere this year, economic development, has become a hot topic in boardrooms across the state. With Governor Sandoval’s guarantee to make economic development a priority for his administration, a fire has been lit throughout Nevada. Executives representing various economic development agencies throughout the state recently met at the Las … [Read more...]
