Summerlin Hospital Plans Expansion Receives Certification Summerlin Hospital, which is celebrating it’s 20th anniversary this year, will undergo a $16 million capital improvement project. The improvements will include expansions and renovations to the 454-bed hospital including adding 36 medical-surgical beds. The hospital was also recently awarded The Joint Commission’s Gold … [Read more...] about Around the State: June 2017
Red Report: June 2017
E Sale, Industrial ADDRESS 5080 Judson Ave. 89115 BUYER JDS Surfaces, LLC SELLER Liber, LLC DETAILS 14,500 SF; $850,000 APN 140-20-502-015 SELLER’S REP Danielle Steffen, SIOR and Amy Ogden, SIOR of Cushman & Wakefield | Commerce H Sale, Office ADDRESS 2534 Anthem Village Dr., 89052 BUYER Conejo Valley Properties SELLER Robison Seidler, Inc. DETAILS 5,040 SF; … [Read more...] about Red Report: June 2017
Office Summary: First Quarter 2017
Southern Nevada Las Vegas Valley’s office vacancy rate in Q1, 2017 increased by 0.1 points to 20.3 percent from Q4, 2016. Vacancy rates ranged from 15.4 percent for Class C space to a high of 27.0 percent for Class A space in Q1. Across the board, office submarkets are well above the 10 percent stabilized rate. There was one Spec Office completion in Q1, the 150,000 square … [Read more...] about Office Summary: First Quarter 2017
What Do You Most Enjoy About Being a Local?
“To me, growing up and living in the Valley has always been about the outdoors. The opportunities we have to spend time outdoors, with such great venues as Red Rock, Valley of Fire, Lake Mead, Mt. Charleston, all just minutes away, is very important to me.” Paul E. Valentine, PE | Director of Nevada Operations, The WLB Group, Inc. “Las Vegas has so much to offer! I actually … [Read more...] about What Do You Most Enjoy About Being a Local?
Industry Focus: Commercial Real Estate
The commercial real estate (CRE) industry in Nevada has been growing in recent years despite a number of hurdles professionals have overcome. Leaders in commercial real estate recently met at the Las Vegas offices of City National Bank to discuss the challenges and opportunities facing their industry and what’s on the horizon moving forward. Connie Brennan, … [Read more...] about Industry Focus: Commercial Real Estate
Movers & Shakers: Terry Kennedy
President & CEO Appreciation Financial (8 years in NV) Type of Business: Insurance and Financial Services | Hails from: Phoenix, Arizona 8 years with company in Nevada | Based in: Las Vegas How did you first get into your profession? An agent met with me to go over my own financial goals and retirement savings. I realized that what he was doing was so important and … [Read more...] about Movers & Shakers: Terry Kennedy
Burke Construction Group: Dedicated and Experienced Professionals
Committment Burke Construction Group has provided our clients with effective construction management based on our wealth of experience in building throughout a large diverse market for over 30 years. Our commitment to innovation includes utilizing advanced technologies in estimating, value engineering, scheduling, project management, document and cost control. With the … [Read more...] about Burke Construction Group: Dedicated and Experienced Professionals
Around the State: May 2017
Women in Technology to be Recognized at Ceremony The fourth annual Las Vegas Women in Technology awards is being held on June 2nd. The ceremony is presented by the Las Vegas Community Tech Fund, WomenAdvancing.org and HiTech Las Vegas. The awards are presented to acknowledge the contributions of women in Las Vegas’ technology sector and honors are from a wide range of … [Read more...] about Around the State: May 2017
Welcome to Nevada: May 2017
Astound Group Astound Group, a global design and fabrication company, is expanding its current Las Vegas facility from 140,000 square feet to 240,000 square feet. The expansion is expected to create over 50 positions in the Las Vegas area with an average wage of $25.14 over the next five years. Astound Group specializes in exhibits and events, manufacturing and installing … [Read more...] about Welcome to Nevada: May 2017
Red Report: May 2017
E Project, Industrial ADDRESS NEC of Las Vegas Blvd. & N. Walnut Rd., 89115 CONTRACTOR OF RECORD United Construction DETAILS The placement of the first wall panels for the 546,480 square foot LogistiCenter is complete. The building is slated for completion by the end of the second quarter of 2017. Sale, Office ADDRESS 1785 E. Sahara Ave., 89104 BUYER 1785 Office … [Read more...] about Red Report: May 2017
Retail Summary: First Quarter 2017
SOUTHERN NEVADA The Las Vegas Valley’s overall industrial vacancy rate in Q1 2017 was 5.5 percent, 0.3 percentage-points up from the 4th quarter of 2016. The warehouse/distribution product type was responsible for the vacancy increase as vacancy was down in all other product types. A large amount of warehouse/distribution space came to market in the second half of 2016; and … [Read more...] about Retail Summary: First Quarter 2017
Which Nevadan Do You Most Respect?
“The Nevadan I most respect is former Governor Kenny Guinn for his honesty, integrity, his ability to relate to everyone and, most of all, his ability to bring opposing sides to compromise.” Bernadette Mashas | CPA, Tax Partner Fair, Anderson & Langerman “I have always admired what LVCVA President & CEO Rossi Ralenkotter has achieved for the Las Vegas tourism industry … [Read more...] about Which Nevadan Do You Most Respect?
Industry Focus: Human Resources & Staffing
As the economy and staffing needs change, the human resources (HR) and staffing industry in the Silver State has been working on creative solutions to keep up with new trends. Executives in HR and staffing recently met at the Las Vegas offices of City National Bank to discuss the challenges and opportunities facing their industries. Connie Brennan, publisher and CEO of … [Read more...] about Industry Focus: Human Resources & Staffing
Movers and Shakers: Mike Pansky
Founder & CEO InterKn (1 year in NV) Type of Business: Software as a Service (SaaS) | Hails from: Reno, Nevada | 1 year with company in Nevada | Based in: Reno How did you first get into your profession? [I was] recruited to work for Sierra Nevada Corporation, and inspired by the innovation of small businesses and incorporating my passion for mergers and … [Read more...] about Movers and Shakers: Mike Pansky
Welcome to Nevada: April 2017
Axe Monkeys Las Vegas Axe Monkeys, an indoor recreational axe throwing facility, has opened its first location in the United States in Southern Nevada. Based in Canada, company executives saw the opportunity to expand in Las Vegas due to heavy tourism traffic and those looking for a unique experience. The facility can accommodate about 300 guests. The new location filled 12 … [Read more...] about Welcome to Nevada: April 2017