Southern Nevada The Las Vegas office market vacancy rate fell to 24.8 percent in the third quarter of 2014. Compared to the prior quarter, vacancies fell 0.4 percentage points. Meanwhile, the vacancy rate is down 0.7 percentage points compared to a year ago. While the office market vacancy rate remains significantly higher than its industrial and retail counterparts, it has … [Read more...] about Office Summary: Third Quarter 2014
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The Cyber State: Nevada’s Burgeoning Technology Industry
The Brookings Report; Unify, Reorganize, Diversify: An Economic Development Agenda for Nevada, commissioned by the Governor’s Office of Economic Development in 2011, identified seven industry clusters Nevada should develop, specifically naming the technology and aerospace industries. In 2013, many in those industries are looking at and locating in, Nevada. Tech Comes to … [Read more...] about The Cyber State: Nevada’s Burgeoning Technology Industry
Economic Development: Critical to Nevada
When it comes to Nevada’s future, economic development is critical. Over the last 12 months, The Silver State has made strides on this front. Among other accomplishments, the Governor’s Office of Economic Development (GOED) hired a leader in November 2011. This spring Gov. Brian Sandoval released “Moving Nevada Forward: A Plan for Excellence in Economic Development … [Read more...] about Economic Development: Critical to Nevada
Northern Nevada: Hard Work Pays Off
Northern Nevada has earned its developing economic comeback the old-fashioned way: building on its strengths, looking to the future and taking common sense steps to coax and reward entrepreneurialism and innovation. It’s paying off. “There’s a lot going on,” says Rob Hooper, Executive Director of Northern Nevada Development Authority (NNDA), the Economic Development … [Read more...] about Northern Nevada: Hard Work Pays Off