Las Vegas The Las Vegas Valley office market witnessed a modest decline in vacancy with continued downward price adjustments. While no new space completed construction during the quarter, the market reported 97,300 square feet of positive net absorption, sliding the vacancy rate 0.2 percentage points to 24.0 percent. Looking ahead, eight projects totaling nearly 1.2 … [Read more...] about Office Summary: First Quarter 2011
What type of business consultant do you most value?
“I value my coach the most. I always have a coach and sometimes more than one. Coaching makes me think. As a business owner I need to stretch and learn constantly. My coach helps me stay focused on my business and continuous improvement so I can do a great job for my customers.” Alice R. Heiman • President & Chief Sales Officer, Alice Heiman, LLC “Business marketing … [Read more...] about What type of business consultant do you most value?
Industry Focus: Transportation
Making Nevada a more convenient place to visit is only one of the missions the transportation industry has taken on. A new interstate, toll roads and traffic cameras are just some ideas up for discussion. Recently, executives representing transportation in Nevada met at Holland & Hart’s Las Vegas office to discuss the changing modes of transportation in the Silver … [Read more...] about Industry Focus: Transportation
May 2011: Around the State
Las Vegas Named No. 1 Trade Show Destination According to a list from Trade Show News Network, Las Vegas has been ranked as the number one trade show destination for the seventeenth consecutive year. Last year, Las Vegas was host to 60 of the 250 largest shows in North America, encompassing 20.7 million square feet or 32 percent of the total space used for all 250 … [Read more...] about May 2011: Around the State
Industrial Summary: First Quarter 2011
Las Vegas The Las Vegas Valley industrial market remained fragile as significant move-outs continued to place downward pressure on pricing. The vacancy rate moved upward to 17.9 percent as 1.1 million square feet of negative net absorption was reported during the quarter. For comparison purposes, the vacancy rate is up 1.0 percentage points from the previous quarter (Q4 2010) … [Read more...] about Industrial Summary: First Quarter 2011
What’s the worst job you’ve ever had?
“Mine was more of a ‘dangerous’ job. When I pursued my career in journalism, I became a newspaper crime reporter in San Diego. I used to cover shootings, drug busts and more. I didn’t think twice about going into gang-ridden neighborhoods for interviews. I should have received hazard pay and the use of a bullet-proof vest!” Holly Silvestri, Principal, The Ferraro … [Read more...] about What’s the worst job you’ve ever had?
Industry Focus: Minority-Owned Businesses
Minority-owned businesses in Nevada face a number of unique challenges. Recently, executives from minority-owned businesses met at the Las Vegas offices of Holland & Hart to discuss these challenges and whether or not being a minority-owned business today presents the same hurdles it may have in the past. Connie Brennan, publisher of Nevada Business Magazine, served as … [Read more...] about Industry Focus: Minority-Owned Businesses
April 2011: Around the State
Northern Nevada Organizations Plan to Merge The Reno-Sparks Chamber of Commerce (RSCC), the Northern Nevada Chamber of Commerce (NNCC) and the Economic Development Authority of Western Nevada (EDAWN) has announced an agreement to pursue combining the three business organizations. The final outcome would create a cohesive, streamlined organization that serves businesses in … [Read more...] about April 2011: Around the State
M. Donald Kowitz: Saint Mary’s Health Plans
President & CEO Reno Number of Employees: 225 Years in Nevada: 18 Years with Company: 14 How did you get into your profession? After graduating from Michigan State, I joined Arthur Andersen as a CPA, performing audits in Detroit and Madrid, Spain. Among my clients was a forerunner in managed care, Independence Health Plan. Eventually, Independence offered me a … [Read more...] about M. Donald Kowitz: Saint Mary’s Health Plans
Retail Summary: Fourth Quarter 2010
Las Vegas Retail vacancies declined for the third consecutive quarter, as second-generation space in anchored retail centers was absorbed amid a decline in average asking rents. The vacancy rate fell to 10.2 percent during the quarter, a decline of 0.3 percentage points compared to the previous quarter (Q3 2010) and the same period over the prior year (Q4 2009). During the … [Read more...] about Retail Summary: Fourth Quarter 2010
What do you hope legislators will accomplish this session?
“It is my hope that the legislators will responsibly and thoroughly examine all issues that affect groups larger than just their constituents. Several bills concerning common-interest communities are being reviewed by the legislature, and I look forward to legislators enacting bills that are fair, balanced and beneficial to HOAs and homeowners alike.” Robert Rothwell, PhD, … [Read more...] about What do you hope legislators will accomplish this session?
Power Poll 2011
It could be the newly elected, fresh faces of our elected officials, the increase in hotel prices or any number of other indicators, but executives participating in this, the ninth annual Power Poll, indicate an optimism that has been missing from the last couple of years. The Power Poll survey was sent to business owners and executives at the end of 2010. Respondents … [Read more...] about Power Poll 2011
Industry Focus: Alternative Energy
Nevada’s Alternative Energy sector remains at the forefront as a possible way for the Silver State to diversify. One of the biggest concerns is whether or not that diversification will be sustainable after the solar and wind farms are actually built. Recently, executives representing alternative energy companies in Nevada met at the law offices of Holland & Hart in Reno … [Read more...] about Industry Focus: Alternative Energy
March 2011: Around the State
NCED Offers Incentives to Companies Moving to Nevada The Nevada Commission on Economic Development (NCED), chaired by Lieutenant Governor Brian Krolicki, has granted tax abatements to four companies for relocation and expansion efforts in Nevada that will result in more than $5 million in capital investment and 61 new jobs. Micro-lending expands in Rural Nevada through USDA … [Read more...] about March 2011: Around the State
Amelia R. Hyden: AMC of Southern Nevada
President & CEO Las Vegas Number of Employees: 40+ Years in Nevada: 20+ Years with Company: 2 What business advice would you give someone just starting in your industry? For any new business owner, make sure that you have a love and passion for what you are trying accomplish. What is a little known fact about yourself? I love to write poetry. People … [Read more...] about Amelia R. Hyden: AMC of Southern Nevada