NAI Horizon Inks Deal for China Mart The NAI Corporate Services team of James G. Caldwell and Curtis Sanders recently announced an initial agreement with Vindex International (VDX) of Beverly Hills, Calif. to exclusively represent VDX in its planned development of a 1 million-square-foot product display and distribution facility in Las Vegas, to be called China Mart. VDX is … [Read more...] about December 2004: Nevada Briefs
The Season of Giving Lasts All Year: Corporate Philanthropy Thriving in Nevada
In 1941, during a speech given on behalf of the United Service Organizations, oil magnate and noted philanthropist John D. Rockefeller said he believed, "Every right implies a responsibility; every opportunity, an obligation; every possession, a duty." While few of today’s Nevada businesses leaders are old enough to have heard the speech, Rockefeller’s philosophy about … [Read more...] about The Season of Giving Lasts All Year: Corporate Philanthropy Thriving in Nevada
Don’t Let The Litigation Grinch Crash Your Holiday Party
Many employers hold holiday parties to build employee moral and teamwork, celebrate a successful year, or just have a little fun. But holiday parties can be fertile ground for unwanted sexual conduct that may lead to liability under Nevada law and Title VII of the Civil Rights Act of 1964, which prohibits sexual and other forms of harassment. Many complaints have been filed … [Read more...] about Don’t Let The Litigation Grinch Crash Your Holiday Party
Industry Focus: Retailers – In Search of the Elusive “Wow” Factor
Because of its tourism-based economy, and also its tremendous growth rate, Nevada is a unique state for owners of stores, shopping centers and malls. On October 12, we asked several retail industry leaders to take time out from holiday-shopping preparations to give us their insights into the retail industry in Nevada. This meeting was part of Nevada Business Journal’s Industry … [Read more...] about Industry Focus: Retailers – In Search of the Elusive “Wow” Factor
Keeping up with Nevada’s Growth: The 2005-2007 Capital Improvement Program
Question: "How does the Public Works Board decide which projects to approve, and why did this year’s list of buildings make the cut?" The Nevada State Public Works Board (NSPWB) coordinates the design and construction of all state and university facilities that are approved and funded by the Nevada Legislature. The board’s mission is to "efficiently and effectively plan, … [Read more...] about Keeping up with Nevada’s Growth: The 2005-2007 Capital Improvement Program
December 2004: State the Issues
Question: Are Personality Tests a Valuable Tool to Screen Potential Employees? Personality Measurement: A Proven Tool by Robert T. Hogan, Ph.D. Personality psychology is about people – literally the nature of human nature. The topic is important to employers because well-constructed measures of personality can forecast significant practical outcomes such as competence, … [Read more...] about December 2004: State the Issues
It’s That Time Again: Year-End Tax Planning
No matter what your income bracket, you need to plan. This year, higher-income taxpayers will find opportunities for tax cutting as a result of the Jobs and Growth Tax Relief Reconciliation Act of 2003. The new law primarily affects investors who may pay lower federal taxes on investment gains and dividends, and business owners who can benefit if they reinvest in their … [Read more...] about It’s That Time Again: Year-End Tax Planning
November 2004: Building Nevada Briefs
Survey Says: Las Vegas Has Happiest Homebuyers Las Vegas new-home builders achieved the highest overall customer satisfaction scores among the 25 markets surveyed in the J.D. Power and Associates 2004 New-Home Builder Customer Satisfaction Study released in September. The study found overall customer satisfaction in Southern Nevada up seven index points over 2003, with … [Read more...] about November 2004: Building Nevada Briefs
Trends in Office Real Estate: Will the Heat Wave Continue?
If you're looking to move into new office space any time soon, there are hot spots in metro areas across the state. Location, Location, Location The current hot sub-market in the Las Vegas Valley for commercial office real estate is along the I-215 corridor from Green Valley in the east to Summerlin in the west. This area has seen one-third of the absorption of available … [Read more...] about Trends in Office Real Estate: Will the Heat Wave Continue?
Montecito Companies: Developing Northwest Las Vegas Corridor
Las Vegas-based Montecito Companies is a commercial development group headed by Bob Schulman and Frank Nielsen, who together have developed more than $750 million in real estate projects over the past 30 years in Nevada and California. The team has developed several landmark properties in Southern Nevada, including the Alexis Park Hotel and Citibank Park. Its latest projects … [Read more...] about Montecito Companies: Developing Northwest Las Vegas Corridor
November 2004: Business Indicators
Nevada indicators generally reveal expansion. Only gaming revenue and visitor volume are below year-ago levels for July. Otherwise, the other indicators show positive performance. Most notably, the total number of jobs is up, growing at a 4.4 percent rate in the Silver State compared with 1.3 percent for the U.S. Moreover, Nevada has seen solid growth rates over the past year … [Read more...] about November 2004: Business Indicators
November 2004: Business Up Front
Give It to Me Straight Employees and their managers agree on one thing: A lack of open, honest communication takes a heavy toll on morale. Fifty-two percent of executives and 30 percent of workers gave this response when surveyed recently about factors that negatively affect the workplace mood. Failing to recognize employee achievements was the second most common answer among … [Read more...] about November 2004: Business Up Front
Thanksgiving Day: It’s Not About Turkey or Football
Most of what we know about the Pilgrims and the first Thanksgiving is more legend than fact. For example, official records don’t mention serving turkey, although the Pilgrims did eat various kinds of fish and shellfish. If we wanted an authentic Thanksgiving feast, we’d be eating cod, mussels and cornmeal mush. Personally, I prefer turkey. We do know the Pilgrims landed in … [Read more...] about Thanksgiving Day: It’s Not About Turkey or Football
The Adoption Exchange: Finding Families, Saving Tax Dollars
Few Nevadans realize that November has been designated as National Adoption Month by every American president since Gerald Ford. Fewer yet know about the good deeds of The Adoption Exchange, a growing not-for-profit organization that has helped more than 4,100 children nationwide find permanent homes since it was founded in 1983. But an increasingly active group of local … [Read more...] about The Adoption Exchange: Finding Families, Saving Tax Dollars
Economic Development: The Business of Growth
After last year’s legislative session resulted in an $836 million tax increase, many worried that Nevada’s economic development would slow. But compared to many other states, Nevada still has fewer regulations, fewer taxes, a lower cost of living – and unstoppable growth. In 2003, new business filings in Nevada rose by 18,128 over the previous year, resulting in a grand total … [Read more...] about Economic Development: The Business of Growth