Southern Nevada Las Vegas Valley’s office vacancy rate in Q2 2017 declined by 1.1 points to 19.2 percent from Q1 2017. Compared to Q2 2016, the office vacancy rate was down 1 point, from 20.2 percent. Vacancy rates ranged from 15.7 percent for Class C space to a high of 23.3 percent for Class A space in Q2. Las Vegas Valley’s office vacancy rate in Q2 2017 declined by 1.1 … [Read more...] about Office Summary: Second Quarter 2017
What Is the Most Significant Change You’ve Seen in Nevada?
“The most significant changes I’ve witnessed is the evolution of our community and state to accommodate the arts, energy, technology and other great industries!” Valerie Clark | President, Clark & Associates (24 years in Nevada) “One of the greatest things I’ve seen is Southern Nevada’s evolution into a true entertainment destination. We now have world-class restaurants … [Read more...] about What Is the Most Significant Change You’ve Seen in Nevada?
Industry Focus: Manufacturing
The manufacturing industry has been in the midst of a growth spurt, with peaked interest from companies moving into the Silver State. This growth is presenting workforce challenges for the industry. Leaders in manufacturing recently met at the Reno offices of City National Bank to discuss the challenges and opportunities facing their businesses moving forward. Tarah … [Read more...] about Industry Focus: Manufacturing
Burke Construction Group
Leadership As owners and designers continue to be challenged in today’s market of innovative and transformational office design, Burke Construction Group holds the necessary leadership and experience to keep up with the ever evolving office market. With the growing significance of class A office space and call centers in the local market, our recent relevant project … [Read more...] about Burke Construction Group
Movers & Shakers: Troy Means
Co-Owner HomeCrafters Reno (20 years in Nevada) Type of Business: Home Builder | Hails from: Reno, Nevada | 20 years with company in Nevada | Based in: Reno How did you first get into your profession? Construction, engineering and architecture have been in my family for the last three generations, and I ultimately ended up pursuing that passion too. What do you … [Read more...] about Movers & Shakers: Troy Means
First Independent Bank: Northern Nevada’s Healthcare Banking Resource
At First Independent Bank, we've written a prescription for your businesses success. STRATEGIC EXPERTISE First Independent Bank has everything you need to establish and grow your practice, manage cash flow, finance new equipment and more. Our customer-focused approach means you get a dedicated, experienced relationship manager to help with all your professional and personal … [Read more...] about First Independent Bank: Northern Nevada’s Healthcare Banking Resource
Bank of Nevada: Healthcare Banking Solutions
At Bank of Nevada, we've written a prescription for your businesses success. STRATEGIC EXPERTISE Bank of Nevada has everything you need to establish and grow your practice, manage cash flow, finance new equipment and more. Our customer-focused approach means you get a dedicated, experienced relationship manager to help with all your professional and personal banking needs to … [Read more...] about Bank of Nevada: Healthcare Banking Solutions
Diagnostic Imaging finds its edge at Steinberg Diagnostic
Founding SDMI on the philosophy of “If you practice great medicine, patients will follow”, Dr. Leon Steinberg, truly set the tone from Steinberg Diagnostic Medical Imaging Centers (SDMI) inception in 1988, as they continue to set the standard in patient care today. Building on Dr. Leon Steinberg’s philosophy, SDMI’s mission has always been: To provide an exceptional patient … [Read more...] about Diagnostic Imaging finds its edge at Steinberg Diagnostic
Welcome to Nevada: August 2017
Asia Union Electrical Chemical Corporation Founded in 1988 in Taipei, Taiwan, Asia Union is a chemical production company locating its North American headquarters to McCarran, Storey County. Producing and marketing high-pure chemicals, chemical formulas and solvents for cleaning, photolithography and more, the company will be investing approximately $17 million for capital … [Read more...] about Welcome to Nevada: August 2017
Around the State: August 2017
Southern Nevada Communities Rank Among Nation’s Top Ten According to a report by RCLCO Real Estate Advisors, Summerlin in Southern Nevada ranked 7th among the nation for the best selling master-planned communities. Sales have been strong for the community in the first half of the year, Summerlin topped last year’s numbers by 28 percent. Since the list debuted in 1994, … [Read more...] about Around the State: August 2017
Red Report: August 2017
E Sale, Industrial ADDRESS 3110 Venture Dr., 89101 BUYER Pro Point, Inc. SELLER Nevada Builders Venture, LLC DETAILS 8,564 SF; $899,220 APN 139-36-813-008 BUYER’S REP Zac Zaher of CBRE Sale, Multi-Family ADDRESS 150 Hoover Ave., 89101 BUYER The Hoover, LLC SELLER Pinetree, LLC DETAILS 56 units; $38,661 per unit APN 139-34-410-031 BUYER’S REP Devin Lee, CCIM and … [Read more...] about Red Report: August 2017
Industrial Summary: Second Quarter 2017
Southern Nevada The Las Vegas Valley’s overall industrial vacancy rate in Q2 2017 was 6 percent, up 0.5 percentage-points from the first quarter. Vacancies were up in every product type except for incubator. However, that did not put a dent in completions. A large amount of new space came to market during the quarter. The industrial market appears to be continuing to … [Read more...] about Industrial Summary: Second Quarter 2017
If You Had to Choose Another Career What Would It Be?
“I would be a national talk show host so that I could interview people from every walk of life and hear their amazing stories to inspire hope. Everyone has a story.” Fafie Moore | Executive Vice President Southern Nevada, ERA Brokers Consolidated “I would choose to coach soccer. I’ve played the sport for over 40 years and have coached at many levels. Skills and lessons … [Read more...] about If You Had to Choose Another Career What Would It Be?
Kele Welcomes Richard Campbell as President and CEO
KeIe, Inc. announces the appointment of Richard Campbell as President and Chief Executive Officer. Campbell will assume the responsibilities of outgoing President and CEO, Tim Vargo, who announced his retirement in April. Campbell brings over 30 years of experience with commercial and industrial products at IngersollRand, 27 of which were spent with Trane focused on HVAC … [Read more...] about Kele Welcomes Richard Campbell as President and CEO
Residential Real Estate Investors in Nevada Gain New Loan Options
Lima One Capital, a premier specialty lender, opens office in Las Vegas. LAS VEGAS, Nev. — Residential real estate investors in Nevada have a new set of financing options. Lima One Capital, a specialty lender with operations in 42 states and Washington, D.C., began lending in the state as part of the company’s multi-state expansion. The company, which has also opened an … [Read more...] about Residential Real Estate Investors in Nevada Gain New Loan Options