Nathan Adelson Hospice Acquires Kindred Hospice Nathan Adelson Hospice, the largest non-profit hospice in Nevada, has acquired Kindred Hospice in Southern Nevada. Nathan Adelson currently treats 400 hospice and palliative care patients each day and has been in business since 1978. Leadership at the non-profit expects the acquisition to strengthen its position in the post-acute … [Read more...] about Around the State: March 2018
Welcome to Nevada: March 2018
Premium Waters, Inc. Premium Waters Inc., a producer of bottled water, has announced the opening of a new factory in Las Vegas. The company utilizes eight plant locations in the United States to distribute across 48 states, Canada and Mexico. The opening of the Southern Nevada plant, which operates a fully integrated bottling line, will bring 40 new jobs to the area. The … [Read more...] about Welcome to Nevada: March 2018
Office Summary: Fourth Quarter 2017
Northern Nevada By Colliers Reno The Reno office market finished 2017 strong with 61,734 square feet of positive net absorption year-to-date, despite the slight decrease in the fourth quarter with negative 17,608 square feet. The South Meadows submarket finished the year with positive 47,549 square feet of absorption, making it the top submarket in the area. In terms of … [Read more...] about Office Summary: Fourth Quarter 2017
Red Report: March 2018
E Sale, Industrial Address 5450 Stephanie St., 89122 Buyer Stephanie Industrial Park Seller NGP Stephanie Property Details: 206,474 SF; $905,000 APN 161-27-314-003 Seller Rep Dean Willmore, SIOR of Colliers International Sale, Multi-Family Address 4801 E Sahara Ave., 89104 Buyer 29SC Sahara LP Seller Prime Residential Details: 312 Units; $74,679 per unit APN … [Read more...] about Red Report: March 2018
What Industry in Nevada Has the Most Potential for Growth?
“Healthcare Informatics: Millennials are quick to recognize solutions and this new field fits with the improvements needed in the healthcare system. Informatics uses the process design and implements technology for efficiencies. All you need is the staff willing to take it on.” Rachel Papka, Chief Health Informatics Officer | Steinberg Diagnostic Medical Imaging “Tourism and … [Read more...] about What Industry in Nevada Has the Most Potential for Growth?
Industry Focus: Builders & Developers
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...] about Industry Focus: Builders & Developers
Around the State: February 2018
Public Meeting Launched to Address Underperforming Education System In what is expected to be the first of several meetings, Treasurer Dan Schwartz has called for a public meeting to receive input on the draft of a bill targeted at Nevada’s beleaguered K-12 education system. The treasurer hopes to draft a bill for the 2019 legislation that will address educational choice … [Read more...] about Around the State: February 2018
Movers & Shakers: Gloria M. Petroni
President Petroni Law Group (3 years in Nevada) Type of Business: Law Firm | Hails from: Yerington, NV | 3 years with company in Nevada | Based in: Reno, NV How did you first get into your profession? I knew I wanted to practice law but it was not until I graduated from law school that I determined that family law was the practice area I felt most passionate … [Read more...] about Movers & Shakers: Gloria M. Petroni
Welcome to Nevada: February 2018
Asia Union Electronic Chemical Corporation Asia Union Electronic Chemical Corporation (AUECC) is moving to a new facility in the Tahoe Reno Industrial Center in Storey County. The facility is expected to be operational by the end of this year and the company plans to hire over 100 employees. AUECC is headquartered in Taipei, Taiwan. The company is a leader in the manufacturing … [Read more...] about Welcome to Nevada: February 2018
Industrial Summary: Fourth Quarter 2017
Northern Nevada By CBRE Reno The Northern Nevada industrial real estate market showed strong performance in Q4 2017. With approximately 1.4 million square feet of positive net absorption recorded this quarter, the region’s 2017 positive absorption total grew to 3.9 million square feet. The completion of two new Class A speculative projects in Q4 added much-needed space to … [Read more...] about Industrial Summary: Fourth Quarter 2017
Red Report: February 2018
E Sale, Industrial ADDRESS 4620 Calimesa St., 89115 BUYER Bacio SELLER NLV Sagebrush DETAILS 22,750 SF; $2,661,750 APN 140-05-112-001 SELLER REPS Dan Doherty, SIOR and Paul Sweetland, SIOR of Colliers International Sale, Industrial ADDRESS 2782 Abels Ln., 89115 BUYER Aaron David Industrial SELLER Baldwin Holdings DETAILS 9,960 SF; $812,000 APN … [Read more...] about Red Report: February 2018
How Did You Meet Your Significant Other?
“I met my husband through Nevada Business Magazine! My PR firm ran an advertorial 18 years ago, and he came across the article. He told one of our clients he wanted an introduction to me, and the rest is history. I credit the magazine with my marriage and two daughters!” Holly Silvestri, Partner | The Ferraro Group “On business in Portland one morning, I had forgotten to pack … [Read more...] about How Did You Meet Your Significant Other?
Industry Focus: Non-Profit
Non-profits in Nevada are facing a myriad of challenges from finding qualified staff and volunteers to changes to the federal tax code. Recently, executives for Nevada non-profits met at the Las Vegas offices of City National Bank to discuss these and other issues facing their industry. Connie Brennan, publisher and CEO of Nevada Business Magazine, served as moderator for … [Read more...] about Industry Focus: Non-Profit
Around the State: January 2018
UnitedHealth Buys DaVita’s Primary and Urgent Care United Health Group, Inc., the largest health insurer in the United States, has announced the purchase of DaVita Inc.’s primary and urgent care services for $4.9 billion. DaVita operates medical groups in six states, including Nevada, and serves 1.7 million patients through approximately 300 clinics. In addition, the purchase … [Read more...] about Around the State: January 2018
Welcome to Nevada: January 2018
Latitude 36 Food, LLC This supplier of condiments for packaged salads and fresh produce has moved their operations to Reno. Buying raw materials in bulk, the company then packages the items into smaller condiments and single-serving cases for prepared boxed salad kits, an industry which has seen a significant demand increase over the past year. The new Washoe County location … [Read more...] about Welcome to Nevada: January 2018