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...]
Red Report: April 2016
E Sale, Land ADDRESS SWC of Nellis Blvd. & Geist Ave., 89115 BUYER Millis Nellis, LLC SELLER Criswell Properties, LLC DETAILS 1.39 acres; $292,000 APN 140-17-611-011 BUYER’S REP Ben Millis and Chris Beets of Newmark Grubb Knight Frank SELLER’S REP Gary Burgher of Pro Commercial Real Estate, Inc. H Sale, Office ADDRESS 2811 W. Horizon Ridge Pkwy., 89052 BUYER … [Read more...]
Commercial Real Estate in Nevada: Then and Now
Thirty years ago, the Las Vegas Strip was a different Strip than today. Technology companies had yet to discover Nevada. Cell phones were rare. Businesses relied on PBX rooms for their telecommunications and if one part of the system failed, the others continued because everything didn’t depend on an IP framework to run all systems together. Thirty years ago, industrial … [Read more...]
Frank Martin Joins LVGEA Board of Directors
LAS VEGAS — The Las Vegas Global Economic Alliance welcomes businessman Frank Martin, co-founder of Martin-Harris Construction, to its board of directors. A native Nevadan, Martin moved to Las Vegas in 1961. Since then, he has played an active role in the community in order to help make Las Vegas a better place to live, work, and raise a family. “We are honored to accept … [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...]
Red Report: April 2015
E Project, Other ADDRESS SW Corner of Sahara Ave. & Las Vegas Blvd., 89104 CONTRACTOR OF RECORD Martin-Harris Construction DETAILS Construction is underway on MGM Resorts International’s open-air music venue. The entertainment complex will have a 2,700 SF administration and storage building, 23.3 acres for the main festival area, 7.7 acres for transportation pick-up and … [Read more...]
NAIOP Southern Nevada Chapter Announced Winners of the 18th Annual Spotlight Awards
Las Vegas, NV – NAIOP Southern Nevada announced its 2015 Spotlight Award Winners, which run the gamut from concert venue to educational institution and everything in between. At a gala held Saturday at the Hard Rock Hotel & Casino, NAIOP Southern Nevada named its 18th Annual Spotlight Award winners, honoring distinguished commercial real estate entities in our local … [Read more...]
Around the State: December 2014
Board of Regents Announce UNLV President Nevada’s Board of Regents have announced their selection for the next president of the University of Nevada, Las Vegas as Dr. Len Jessop. Replacing Neal Smatresk who was appointed in 2009, Dr. Jessop was selected after a national search and is currently the dean of the Eller College of Management at the University of Arizona. Dr. Jessop … [Read more...]
CenturyLink Invests in LVGEA
CenturyLink Invests in Southern Nevada through Las Vegas Global Economic Alliance’s ‘Engage Southern Nevada’ Campaign Las Vegas – CenturyLink has joined an expanding number of businesses that support Las Vegas’ global economic development efforts. CenturyLink recently invested in the Las Vegas Global Economic Alliance’s ‘Engage Southern Nevada’ investment campaign, which … [Read more...]
Groundbreaking for Downtown Las Vegas Clinic; Wells Fargo Invests in Southern Nevada; Home Prices Holding Steady
Volunteers in Medicine of Southern Nevada Hosts Groundbreaking Event for Clinic in Downtown Las Vegas Groundbreaking ceremony for VMSN’s new downtown Las Vegas clinic. Members of the community are invited to attend and receive information about the project. [Read more...] Wells Fargo Invests in Southern Nevada through Las Vegas Global Economic Alliance's 'Engage Southern … [Read more...]
Wells Fargo Invests in Southern Nevada through Las Vegas Globa Economic Alliance’s ‘Engage Southern Nevada’ Campaign
Las Vegas – Wells Fargo has joined a growing number of businesses that support Las Vegas’ global economic development efforts. Wells Fargo recently invested in the Las Vegas Global Economic Alliance’s ‘Engage Southern Nevada’ investment campaign, which launched in the fall of 2013 and is a three-year effort to raise $7.5 million for regional economic development. Thanks to … [Read more...]
Builders and Developers: Bullish on Nevada
Nevada’s skyline is once again changing. Commercial real estate, which saw many projects stalled mid-recession, is finally moving: contractors are hiring and builders are returning. But is there activity across the board in all industry sectors – industrial, office, retail, mixed-use – or are some moving faster than others? Does it spell recovery? Or another boom and bust … [Read more...]
Officials Break Ground on Moapa Paiute Tribe Solar Project
The first utility-scale solar project on tribal land is underway in Southern Nevada. U.S. Senate Majority Leader Harry Reid (NV) joined representatives from the Moapa Band of Piautes and executives from First Solar, Inc. (Nasdaq: FSLR) and the Los Angeles Department of Water and Power (LADWP) to kick off construction on the 250 Megawatt power plant. The project is located on … [Read more...]
Nevada Real Estate & Development Report: March 2014
E Lease, Industrial ADDRESS 4935 Steptoe St. Ste 500, 89122 TENANT Charming Exhibition Inc. LANDLORD Lomas Regency LLC DETAILS 5,850 SF; $22,464 for one year REP (BOTH) Jarrad Katz, CCIM and Galit Kimerling of MDL Group H Project, Office ADDRESS 875 Warm Springs Rd., 89011 DETAILS Cadence, the 2,200-acre planned community in Henderson has begun construction on a … [Read more...]
Nevada Real Estate & Development Report: December 2013
Projects Las Vegas, 89110 Government CORE Construction began building Fire Station 108 in conjunction with National Fire Prevention Week in October 2013. The project was initially placed on hold due to economic conditions in 2009. Construction is projected for completion on August 21, 2014. The $6.7 million project will improve emergency response time in its area, as well … [Read more...]
Nevada Executives Speak Out: Power Poll 2013
As the Silver State struggles to pull itself out of the worst recession many Nevadans have seen in their lifetime, executives are beginning to see a light at the end of the tunnel. This year marks the eleventh annual Power Poll wherein Nevada Business Magazine asked executives throughout the state to speak up on issues that affect their businesses. This year’s poll illustrates … [Read more...]
