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
Logic Commercial Real Estate
Red Report: January 2017
E Sale, Multi-Family ADDRESS 501 S. 10th St., 89101 BUYER Ambleside Properties LLP SELLER T.H. Steele DETAILS 44 units; $32,727 per unit APN 139-34-811-006 SELLER’S REP Michael R. LaBar and Michael L. Shaffner of Marcus & Millichap H Sale, Retail ADDRESS 210 N. Boulder Hwy., Bldg. F, 89015 BUYER Southpoint Apartment, Inc. SELLER WPI-Lake Boulder, LLC DETAILS … [Read more...] about Red Report: January 2017
With the Elections Behind Us, What Do You Feel Is America’s Number One Challenge?
“The challenge is to demand that our leaders refocus their energy on creating solutions. The candidates spent months telling us what was wrong with America; now they must guide us on how to make things right” Howard Russell | Managing Partner, Weinberg Wheeler Hudgins Gunn & Dial “I feel the biggest challenge that our country faces is confidence! We need to be … [Read more...] about With the Elections Behind Us, What Do You Feel Is America’s Number One Challenge?
Industry Focus: Commercial Real Estate Brokers
Overall, commercial real estate (CRE) in Nevada has been seeing an uptick from the recession. However, some markets are recovering more quickly than others and there are still many challenges the industry must face moving forward. Recently, CRE experts met at the Las Vegas offices of City National Bank to discuss the changes, challenges and opportunities, facing the industry in … [Read more...] about Industry Focus: Commercial Real Estate Brokers
Red Report: November 2016
E Project, Office ADDRESS 700 S. 3rd St., 89101 CONTRACTOR OF RECORD OS Construction Services, Inc. DETAILS Rogers, Mastrangelo, Carvalhi & Mitchell, Ltd. (RMCM), a law firm, has broken ground on new headquarters in downtown Las Vegas. The 1.2 acre site will undergo the demolition of an existing building and construction of a new two-story building with Class A finishes … [Read more...] about Red Report: November 2016
Red Report: October 2016
E Sale, Multi-Family ADDRESS 517 N. 28th St., 89101 BUYER Green Tree Apartment, LLC SELLER Las Vegas Apartments, LLC DETAILS 72 units; $54,166 per unit APN 139-36-110-028 SELLER’S REP Devin Lee, CCIM and Robin Willet of NAI Vegas | The Sauter Multifamily Group H Project, Other ADDRESS 655 E. Lake Mead Pkwy., 89015 CONTRACTOR OF RECORD Core Construction DETAILS A … [Read more...] about Red Report: October 2016
Red Report: September 2016
E Sale, Multi-Family ADDRESS 5325 E. Tropicana Ave., 89122 BUYER Aspen Square Management, Inc. SELLER Majestic Heights Owner, LLC DETAILS 240 units; $77,500 per unit APN 161-28-102-002 SELLER’S REP Art Carll and Patrick Sauter of NAI Vegas | The Sauter Multifamily Group H Sale, Retail ADDRESS Multiple Properties, 89052 BUYER 3D Investments, LLC SELLER Eastern … [Read more...] about Red Report: September 2016
20/20 Visionaries for the Silver State
Perfect vision, otherwise referred to as 20/20 vision, is the ability for an individual to see clearly both in their near field of vision as well as far away. Likewise, a 20/20 executive, such as those featured in the following pages, has a clear vision for their business in both the short and long term. These executives strive to do what is right for their companies, … [Read more...] about 20/20 Visionaries for the Silver State
If Decades Were to Repeat Themselves, Which One Would You Look Forward to Most?
“The 90’s. The shift in our world with the advent of the Internet, cell phones and MP3 music was transformative to our whole society. (I might buy Apple stock too.)” Stephen Ranck, AIA, LEED AP | Principal/Managing Director, Gensler “Turbulent 30’s pops out at me. The reason being is that tough times create BIG opportunities for those willing to swim against the tide. Also, … [Read more...] about If Decades Were to Repeat Themselves, Which One Would You Look Forward to Most?
Industry Focus: Commercial Real Estate
Commercial Real Estate in Nevada is recovering from a tough recession. Brokers agree that the industry has improved, but some markets are clearly bouncing back more quickly than others. Recently, commercial real estate experts met at the Las Vegas Law Offices of Snell & Wilmer to discuss the factors affecting the overall health of the industry in the Silver State. Connie … [Read more...] about Industry Focus: Commercial Real Estate
Red Report: December 2015
E Sale, Office ADDRESS 1380 E. Sahara Ave. & 2408 Pardee Pl., 89104 BUYER Consulting Advisors of Nevada, LLC SELLER Rusty Croissant, LLC DETAILS 5,540 SF; $650,000 APN 162-02-410-116 & 162-02-410-117 BUYER’S REP Amy Kyzykyan of Realty One Group SELLER’S REP Matt Feustel of Virtus Commercial Sale, Retail ADDRESS 1100 E. Charleston Blvd., 89104 BUYER Ten15 … [Read more...] about Red Report: December 2015