President Capstone Brokerage (21 years in Nevada) Type of Business: Risk Management/Insurance | Hails from: Buffalo, New York | 14 years with company in Nevada | Based in: Las Vegas, NV How did you first get into your profession? I obtained my first insurance job through an employment agency. What is your pet peeve? Blame and defending one’s mistakes. What do … [Read more...] about Movers and Shakers: Mary Thompson
Departments
Welcome to Nevada: September 2018
BBSI New to Las Vegas, BBSI is a business management solution company that was founded in 1951. The company opened its first Southern Nevada office last month and has a total of 58 physical offices. BBSI helps companies deal with payroll, employee benefits, workers’ compensation and compliance issues, among others. The new branch is located in Summerlin. Bently … [Read more...] about Welcome to Nevada: September 2018
Around the State: September 2018
Back-to-School Spending Expected to Exceed $369 Million in Nevada According to the Retail Association of Nevada (RAN), back-to-school shoppers are expected to spend over $369 million on new clothes, backpacks and school supplies to gear up for the new academic year. With the school year starting last month in most Nevada schools, back-to-school shopping is second only to … [Read more...] about Around the State: September 2018
Question 3 Nevada: A Nevada Constitutional Amendment on Energy
One of the questions on this November’s ballot, Question 3, will address energy in Nevada. A proposed constitutional amendment, the question must be approved in two consecutive election years. Having passed in 2016, this is the second time it’s appeared on the ballot. The question reads: “Shall Article 1 of the Nevada Constitution be amended to require the Legislature to … [Read more...] about Question 3 Nevada: A Nevada Constitutional Amendment on Energy
America’s ‘Socialist’ Generation Is More Capitalist Than It Thinks
Kids today ruin everything. Socialism, for example, just isn’t what it used to be. Of course, that’s not necessarily a bad thing. In fact, for advocates of the free market system, the evolving understanding of what it means to be a “socialist” in modern America isn’t nearly as dire as it sounds. The newly empowered generation of young Americans — millennials certainly … [Read more...] about America’s ‘Socialist’ Generation Is More Capitalist Than It Thinks
Office Summary Second Quarter 2018
Northern Nevada By Colliers Reno The Northern Nevada office market pulled ahead this quarter and 2018 is setting up to be a productive year. The market posted an increase in positive absorption to 63,786 square feet and the vacancy rate decreased to 11.7 percent from the 12.3 percent recorded in the first quarter of 2018. Office activity has been strong in the Reno market … [Read more...] about Office Summary Second Quarter 2018
Red Report: September 2018
E Sale, Retail Address 1935 N. Hollywood Blvd., 89156 Buyer TNG Investors Seller Palmer Company-Vacaville Details 7,360 SF; $2.3 million APN 140-22-715-006 Buyer Rep Phillip Dunning, CCIM of Colliers International Seller Rep Brian Fike of Colliers International Sale, Industrial Address 4460 E. Cheyenne Ave., 89115 Buyer Top Street Estate, Ben Hajdun Seller William … [Read more...] about Red Report: September 2018
Business Indicators: September 2018
The “advance” estimate for U.S. real gross domestic product (GDP) for the second quarter of 2018 expanded by a strong 4.1 percent annualized rate, the fastest pace in almost four years. Consumer spending, which accounts for two-thirds of real GDP, also grew strongly, which probably reflected somewhat the tax cut. U.S. nonfarm employment added a lower-than-expected 157,000 jobs … [Read more...] about Business Indicators: September 2018
Do You Think Nevada Is Still a Tax Friendly State?
“Absolutely! Living in Nevada with no state income tax is a big deal. Especially for Californians who are sick and tired of paying considerably more income tax on their hard earned income.” Mike Mixer, Executive Managing Director | Las Vegas, Colliers International “Nevada is certainly still a tax friendly state, especially as compared to states like California where we moved … [Read more...] about Do You Think Nevada Is Still a Tax Friendly State?
Around the State: August 2018
First UNLV Innovation Building Breaks Ground Gardner Company, the University of Nevada, Las Vegas (UNLV) and the UNLV Research Foundation has begun construction on the first building of the UNLV Harry Reid Research and Technology Park. Part of a 122-acre, master planned campus, this first building will be four-stories and 110,000 square feet. This research, technology and … [Read more...] about Around the State: August 2018
Free Speech? Social Media and its Gatekeepers
What happens when the “public square” is guarded by gatekeepers eager to censor anything they view as inappropriate political speech? That’s a question many conservative and libertarian activists are now asking, as “progressive” social-media companies accelerate their crusade against anything that gets labeled as hate speech, online bullying and fake news. At its outset, … [Read more...] about Free Speech? Social Media and its Gatekeepers
Movers & Shakers: Ann Silver
Chief Executive Officer Reno + Sparks Chamber of Commerce (99 years in Nevada) Type of Business: Chamber | Hails from: New York, New York | 1 year, 7 months with company in Nevada | Based in: Reno, NV What was your first job? [I was a] camp Counselor at Rye Recreation Center. I had a group of 30 eight year olds. Who in your life has been instrumental to your … [Read more...] about Movers & Shakers: Ann Silver
Small Business Fraud: Detection and Prevention
Has your business been victimized by fraud? If not, it very likely will be. If you answered yes, you already know it could very well happen again. In a study done by international accounting firm, Pricewaterhouse Coopers, 38 percent of all US firms suffered economic loss as a result of fraud in 2016 alone, and that of course is just what was detected. Most fraud goes undetected … [Read more...] about Small Business Fraud: Detection and Prevention
Industrial Summary: Second Quarter 2018
Northern Nevada By CBRE Reno The Northern Nevada industrial market continues to demonstrate strength and resiliency. Despite a slow start to the year that recorded just over 70,000 square feet of net absorption, Q2 2018 leasing activity was robust with 1.8 million square feet of net absorption and 2.5 million square feet of gross absorption. The remainder of the year is … [Read more...] about Industrial Summary: Second Quarter 2018
Red Report: August 2018
E Sale, Office Address 302 & 304 Carson Ave., 89101 Buyer Drock 3rd Street LLC Seller Highbrook Investors Details 161,924 SF; $39.7 million APN 139-34-210-066 Seller Rep Kevin Shannon and Brunson Howard of Newmark Knight Frank Capital Markets Sale, Retail Address 1700 & 1710 Sahara Ave., 89104 Buyer Marks Garage One LLC Seller Jay Kim Details 35,440 SF; … [Read more...] about Red Report: August 2018