GOED International Receives STEP Grant The Nevada Governor’s Office of Economic Development (GOED) International Trade Division received a $250,000 State Trade Expansion Program (STEP) grant. This is the largest grant of its kind the organization has ever received. STEP is a federal trade and export initiative that makes matching-fund awards for states to assist small … [Read more...] about Around the State
Departments
Commercial RE Report: Retail SummarySecond Quarter 2021
Northern Nevada By Dickson Commercial Group Retail had another strong quarter with Q2 total sales at nearly $48 million over 23 total sales. The average price per square foot in the first quarter was $356.76 with two sales over $1,000 per square foot. No neighborhood centers have traded hands in the first two quarters of 2021. The market has limited inventory and … [Read more...] about Commercial RE Report: Retail Summary
Business IndicatorsOctober 2021
The “second” estimate of U.S. real gross domestic product (GDP) for the second quarter of 2021 grew 6.6 percent at an annual rate, revised up slightly by 0.1 percent from the “advance” estimate. The strong growth in the second quarter largely reflected a strong surge in consumer spending, which was boosted by significant injections of federal relief money. The leisure and … [Read more...] about Business Indicators
Last WordWhat Are Some Pros and Cons of Social Media?
Victor Fuchs PresidentHelix Electric of Nevada “Social media is one powerful machine; we enjoy showcasing, not only our projects and partners, but the members of our team. With the ability to reach anyone in the digital space, we continue to thrive with the added component of connectivity social media offers.” Madeline Lapping Assistant Sales ManagerLogical … [Read more...] about Last Word
The Public Education Monopoly is Not Long for This World
Our one-size-fits-all public education model simply isn’t up to the challenges faced by a post-pandemic world. Although, to be fair, it wasn’t exactly knocking it out of the park prior to the pandemic either. Nonetheless, the seismic disruptions to our world—economically, socially and culturally—are demonstrating the full extent of such a system’s shortcomings. As usual, … [Read more...] about The Public Education Monopoly is Not Long for This World
Keith Earnest
Executive Vice PresidentVan Trust Real Estate Type of Business: DevelopmentBased In: North Las Vegas, NVHails From: Boulder, Colorado Years Co. has been in Nevada: 06Years with Company: 07Employees with Company: 60 “Your people skills are just as important as academic skills – develop them both.” What was your First Job? I worked as a bus boy at Pedro … [Read more...] about Keith Earnest
Around the StateSeptember 2021
Home Means Nevada Co. Clothing Goes Statewide The Reno-headquartered Home Means Nevada Co. clothing brand has announced the opening of its third Nevada location at the District at Green Valley Ranch in Henderson. The company began as a Reno t-shirt brand and has grown to represent the Nevada lifestyle on a national scale. The retailer has three locations in Nevada and has … [Read more...] about Around the State
Commercial RE Report: Office SummarySecond Quarter 2021
Northern Nevada By Colliers | Reno Reno’s office market activity has remained strong through the first half of 2021. The region has not seen the influx of sublease office space and rising vacancies that have burdened other markets in the past fifteen months. Office vacancy increased slightly this quarter to 12.6 percent, though it remains equal to the pre-COVID rate of … [Read more...] about Commercial RE Report: Office Summary
Business IndicatorsSeptember 2021
The “advance” estimate of U.S. real gross domestic product (GDP) for the second quarter of 2021 grew strongly, but lower-than-expected, at an annual rate of 6.5 percent. As a result, the real GDP has now fully recovered from the COVID pandemic recession and surpassed its pre-pandemic peak. The strong growth largely reflected a 11.8 percent surge in consumer spending, which was … [Read more...] about Business Indicators
Last WordWhat Habit Are You Working on Forming?
Chris Richardson Director Logic Commercial Real EstateCCIM “I’m working on leaving ‘work’ at work. It’s a harder habit to form than I expected because my workplace is the office AND everywhere my phone is.” Angela Giles Online Marketing and Success Coach “[I’m working on] making sure that my communication is on point. When I use empathy as a skill in … [Read more...] about Last Word
Around the StateAugust 2021
Henderson Supplements Water Smart Incentives The City of Henderson recently announced a supplement to Southern Nevada Water Authority’s (SNWA) Water Smart Landscape cash incentive. The supplement, valid for properties with large amounts of grass among public rights of way, will add $1.50 to SNWA’s already $1.50 per square foot rebate for conversions up to 40,000 square … [Read more...] about Around the State
Beware of Supposedly ‘Pro-Business’ Politicians
Being “pro-business” is a nice talking point for politicians— but often that’s all it is: A talking point. The truth is, the term doesn’t actually mean much in today’s political climate. Certainly, it looks good on campaign flyers, and sounds good in 30 second radio spots—however, businesses aren’t some monolithic demographic with universally recognized values. In fact, the … [Read more...] about Beware of Supposedly ‘Pro-Business’ Politicians
David B. Walker
CEONevada Museum of Art Type of Business: Art MuseumBased In: Reno, NevadaHails From: Santa Monica, California Years Co. has been in Nevada: 90Years with Co. in Nevada: 14Employees with Co.: 70+ “Failing to prepare is preparing to fail.” What was your first job? At 14 years old I landed a busboy job at a popular steak and seafood restaurant. This led to eight … [Read more...] about David B. Walker
Commercial RE Report: Industrial SummarySecond Quarter 2021
Northern Nevada By CBRE Reno The northern Nevada industrial market turned in healthy market fundamentals in Q2 2021, posting the seventh quarter in a row of positive net absorption. Net absorption for the quarter totaled 1.1 million square feet while gross absorption finished at 1.7 million square feet which helped push the market wide vacancy rate down 50 basis points … [Read more...] about Commercial RE Report: Industrial Summary
Business IndicatorsAugust 2021
The “third” estimate of U.S. real gross domestic product (GDP) for the first quarter of 2021 grew strongly by 6.4 percent at an annual rate, remaining unchanged from the “second” estimate. According to more complete source data, an upward revision in business investment, including inventory investment was offset by a downward revision in net exports. Overall, the strong … [Read more...] about Business Indicators