Southern Nevada The Las Vegas industrial market vacancy rate fell to 8.0 percent in the fourth quarter of 2014. The vacancy rate is down 3.6 percentage points from a year ago. Industrial vacancies have been in the single digits for three consecutive quarters with annual declines reported for 12 consecutive quarters. In addition, the vacancy rate has declined 9.0 percentage … [Read more...] about Industrial Summary: Fourth Quarter
Are You Optimistic That Our Legislators Will Work Together This Session?
“I am optimistic they will come together. Once the session commences, the realization usually sets in, that they were elected to do the people’s business and most understand that involves compromise.” Carole Vilardo | President, Nevada Taxpayers Association - “With internal leadership struggles appearing to now be behind us, policymakers can now get down to business and … [Read more...] about Are You Optimistic That Our Legislators Will Work Together This Session?
Medical Education: Preparing for the Future of Healthcare in Nevada
Medical education in Nevada is growing and is poised for significant expansion. Collectively, the current and proposed changes will eventually go far in reversing the state’s shortages of medical students, physician residency programs, doctors and nurses. “Everything is about everybody getting bigger, everybody getting successful,” said Dr. Thomas Schwenk, dean of the … [Read more...] about Medical Education: Preparing for the Future of Healthcare in Nevada
Industry Focus: Non-Profit
As the state continues its steady economic recovery, Nevada’s non-profit organizations have gotten creative in order to fulfill their mission. Collaborative efforts move forward making industry leaders optimistic about the coming years. Executives representing several non-profits throughout the state recently met at the Las Vegas offices of City National Bank to discuss the … [Read more...] about Industry Focus: Non-Profit
Around the State: January 2015
Cox Activates 500 Wi-Fi Hotspots in Las Vegas Cox Las Vegas has launched the first of 500 hotspots that have been installed around the Las Vegas Valley. The launch came on the heels of a ribbon-cutting for a Henderson Cox Solutions store. The Las Vegas hotspots are part of a 300,000 nationwide hotspot network being offered by the communications company through a collaboration … [Read more...] about Around the State: January 2015
Kevin Ryan: Nevada Humane Society
CEO https://www.nevadahumanesociety.org/ What do you want your legacy to be? I hope I can help the organization grow and help Nevada become a no-kill state. It is absolutely possible. What business advice would you give someone just starting in your industry? A non-profit is a business, make no bones about it. Everything you do and everything you endeavor to do is on … [Read more...] about Kevin Ryan: Nevada Humane Society
Alexandra Lourdes: Managing Partner Unlokt
Co-Founder Managing Partner https://unlokt.com/ How did you first get into your profession? I grew up in a family of entrepreneurs, so that was unquestionably a strong influence on how I thought about business. What business advice would you give someone just starting in your industry? The people you work with become your family. Don’t settle for just anyone and … [Read more...] about Alexandra Lourdes: Managing Partner Unlokt
Joseph Miller: Fisher Sand & Gravel Company
Nevada Area Manager Project Manager https://www.fisherind.com/ What do you wish you would have learned at the beginning of your career? To believe in myself more than I believed in anyone else. What business advice would you give someone just starting in your industry? Listen, learn and work your butt off. No one can teach you like you can teach yourself. It is … [Read more...] about Joseph Miller: Fisher Sand & Gravel Company
Red Report: January 2015
E Sale, Industrial ADDRESS 6070 Boulder Hwy, 89122 BUYER Frederic and Barbara Rosenberg Family Trust SELLER Burton-Bowels LLC DETAILS 6,400 SF; $885,000 APN 161-27-311-011 BUYER’S REP Bob Diamond of Platinum Real Estate Professionals SELLER’S REP Neil Sorkin of Cushman & Wakefield Commerce N Sale, Industrial ADDRESS 3355-3675 W. Cheyenne, Ave., 89032 BUYER BKM … [Read more...] about Red Report: January 2015
Retail Summary: Third Quarter 2014
Southern Nevada In the third quarter of 2014, the Las Vegas retail market reported a vacancy rate of 9.1 percent. The latest period represents a decline of 0.1 percentage point compared to the prior quarter (Q2 2014). Compared to a year ago (Q3 2013), the retail vacancy rate has declined 0.3 percentage points. Anchored retail space has now reported annual declines in vacancy … [Read more...] about Retail Summary: Third Quarter 2014
Business Indicators: January 2015
The “second” estimate for third quarter 2014 shows U.S. real gross domestic product increasing at an annualized rate of 3.9 percent, higher than the 3.5 percent growth initially reported. In the revision, personal consumption expenditures and nonresidential fixed investment increased more than previously estimated, while private inventory investment decreased less. Residential … [Read more...] about Business Indicators: January 2015
Enjoy the Ride: Nevada’s Luxury Car Business
Nevada’s luxury car business dipped during the recession but rebounded fairly quickly, coming back strong. After all, given the demographics of luxury car buyers, the customer base has a bit more resilience and disposable income than other car buying populations. “Business is good and demand is high,” said Don Hamrick, general manager, Chapman Las Vegas Dodge Chrysler Jeep … [Read more...] about Enjoy the Ride: Nevada’s Luxury Car Business
Industry Focus: Commercial Real Estate
As the economy recovers, commercial real estate is slowly regaining footing in the Silver State. Recently, executives representing the industry met at the Las Vegas offices of Gordon Silver to discuss the challenges of commercial real estate in Nevada. Connie Brennan, publisher of Nevada Business Magazine, served as moderator for the event. These monthly meetings are … [Read more...] about Industry Focus: Commercial Real Estate
Around the State: December 2014
Board of Regents Announce UNLV President Nevada’s Board of Regents have announced their selection for the next president of the University of Nevada, Las Vegas as Dr. Len Jessop. Replacing Neal Smatresk who was appointed in 2009, Dr. Jessop was selected after a national search and is currently the dean of the Eller College of Management at the University of Arizona. Dr. Jessop … [Read more...] about Around the State: December 2014
Cecilia Lee: Cecilia Lee, Ltd.
Attorney at Law Cecilia Lee, Ltd. https://www.cecilialee.net/ How did you first get into your profession? I began working as a paralegal in a law firm after I finished graduate school. I really enjoyed the work and decided to go to law school. What do you want your legacy to be? A career of helping people and businesses solve their problems. What business advice … [Read more...] about Cecilia Lee: Cecilia Lee, Ltd.