Northern Nevada By CBRE Reno When reviewing 2018 and examining overall real estate fundamentals, the Reno industrial market continues to perform well. The region has been running at historically high demand levels for the past six years characterized by consistent demand, disciplined development, strong fundamentals, and increasing rental rates. Illustrating this has been … [Read more...] about Commercial RE Report
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Business IndicatorsFebruary 2019
The “third” estimate of the growth rate of U.S. real gross domestic product (GDP) for the third quarter of 2018 fell by 0.1 percent to an annual rate of 3.4 percent compared to the “second” estimate. The revision reflected smaller-than-expected personal consumption expenditure and net exports, which a larger-than-expected private inventory investment partly offset. U.S. nonfarm … [Read more...] about Business Indicators
Last WordHow did you meet your spouse?
“I met my husband while working on my resume at my father’s office at a Las Vegas engineering firm, where he also worked. He walked by me and said to himself, ‘I’m going to marry her.’”Darcy K. Neighbors, Founder/CEO, CIM Marketing Partners “You could say music brought us together. I met my husband, Dan, at the University of Colorado. We were both music majors, played in … [Read more...] about Last Word
Profit & LossMidterms Remind Us Why Gridlock Is Good
By now we know that the Democrats took the U.S. House of Representatives and Republicans held the Senate – all of which was the general expectation heading into the midterm elections. This political shift potentially opens the door for four major policy changes in the areas of infrastructure, healthcare, immigration and trade. All of these may have a meaningful impact on the … [Read more...] about Profit & Loss
Free Market WatchMarkets Are About Individuals Why Isn’t Education?
In January, we will once again celebrate National School Choice Week. The focus on the week will, rightfully so, be about those students who are currently stuck in educational environments that don’t fit their needs — and the importance of empowering their parents with the ability to choose a better alternative. It’s a concept that the culture at large seems to be … [Read more...] about Free Market Watch
Kimberly Trueba
Chief Executive Officer Girl Scouts of Southern Nevada (86 years in Nevada) Type of Business: Non-Profit Organization | Based: Las Vegas | Hails from: Wichita, Kansas | 6 months with company in Nevada What was your first job? I worked the summers for my dad’s architecture firm during college, but my first paid job was a student internship at Walt Disney Imagineering. Disney … [Read more...] about Kimberly Trueba
Commercial RE ReportRetail Summary: Third Quarter 2018
Northern Nevada By NAI Alliance The Northern Nevada economy continues to improve through the third quarter. The overall vacancy in the Reno/Sparks area decreased to 11.9 percent from the previous quarter of 12.45 percent. There was a total gross absorption of 148,937 square feet during the quarter, with a net absorption of 74,456 square feet. The most notable sale … [Read more...] about Commercial RE Report
Around the StateJanuary 2019
Nevada Graduation Rates On the Rise According to data compiled by the Nevada Department of Education, the final graduation rate for the Clark County School District’s (CCSD) Class of 2018 was 85.22 percent, a record high and increase of 2 percentage points over 2017. Over the past eight years, CCSD’s has risen from 59.34 percent in 2011. In addition, the Washoe County School … [Read more...] about Around the State
Red ReportJanuary 2019
E Sale, Retail Address 1205 Las Vegas Boulevard S, 89104 Seller DeCar Enterprises Details 31,000 SF; $6 million APN 162-03-106-001 Seller Rep Cathy Jones, CCIM, Anders Graciano and Paul Miachika of Sun Commercial Real Estate Sale, Industrial Address 4432 Calimesa St., 89115 Buyer Solis Properties Seller NLV Sagebrush Details 31,000 SF; $3.65 million Buyer Rep Chris Lane, CCIM … [Read more...] about Red Report
Business IndicatorsJanuary 2019
The “second” estimate of U.S. real gross domestic product (GDP) for the third quarter of 2018 increased at an annual rate of 3.5 percent. Based on more complete data compared to last month, business investment, including inventory investment, was revised upward, which was offset by smaller estimates of consumer and state and local government spending growth. The overall picture … [Read more...] about Business Indicators
Last WordWhat Are Your Hopes for 2019?
“I hope this country can find common ground and come together. When we unite, we are the greatest country in the world. We need to demonstrate positivity, success and happiness to our future generations.” Bryan Kroten, Vice President of Marketing | Maverick Helicopters “I hope that the new year brings renewed commitment to working together for a better today and tomorrow … [Read more...] about Last Word
Putting Politics Aside, There Could Be a Couple Major Wins in 2019
Policy, not politics, is what will really matter in Nevada’s 2019 legislative session. Of course, it’s easy to get caught up in the political, rather than the policy world. After all, elections have consequences, and it’s often hard to get past the headlines pitting Republicans and Democrats against each other. Likewise, politics too often drive policy. After all, last … [Read more...] about Putting Politics Aside, There Could Be a Couple Major Wins in 2019
Welcome to Nevada: December 2018
Aqua Metals, Inc. The world’s only clean battery recycling company, Aqua Metals, Inc., has announced an additional 50 jobs and over $1.3 million in capital investments to Storey County. The company built a lead facility in the Tahoe Reno Industrial Center in mid-2016 and has been expanding since. Among other uses, lead-based batteries provide back-up power for hospitals and … [Read more...] about Welcome to Nevada: December 2018
Around the State: December 2018
First Tissue Processing Facility in Nevada Opens Origin Biologics, the first-of-its-kind tissue processing facility in Nevada opened last month. A partnered venture between Nevada Donor Network and Australian Biotechnologies, Origin Biologics honors tissue donors while also providing tissue processing expertise in one place. The facility is 22,000 square feet, located less … [Read more...] about Around the State: December 2018
Nevada’s Oldest Contractor: Savage and Son’s 125 Years in Business
Savage and Son, Inc. marked their 125th anniversary of business this year. Established in 1893, Savage and Son is a family-owned and operated business that serves Northern Nevada and the Sierra as a provider of plumbing, HVAC and piping. The company holds Nevada Contractor’s License number 10 and is Nevada’s oldest contractor having passed the family business down through four … [Read more...] about Nevada’s Oldest Contractor: Savage and Son’s 125 Years in Business