Co-Founder/Managing Partner M&A Business Advisors Type of Business: Business Brokerage & M&A Advisory Firm | Hails from: Richmond, Virginia | 1 year with company in Nevada | Based in: Reno, NV What was your first job? Working the register at the gift shop at the Ormsby House in Carson City. Who in your life has been instrumental to your success? My … [Read more...] about Movers & Shakers: Katrina Loftin
Departments
Office Summary: First Quarter 2018
Northern Nevada By Colliers Reno The Reno office market continues to be active and thriving. However, as new deals are finalized they are leaving offices vacant resulting in stagnant statistics. The first quarter of 2018 posted negative 13,792 square feet of net absorption. The Downtown submarket started the year off with 15,215 square feet of positive absorption and the … [Read more...] about Office Summary: First Quarter 2018
Red Report: June 2018
E Lease, Retail Address 6775 E. Lake Mead Blvd., Ste. B3-B5, 89156 Tenant Fitness Factory 1, LLC Landlord Urgent Care Nevada, LLC Details 4,995 SF; $658,916 for 8 years Sublessor Rep Michael Zobrist and Nelson Tressler of Newmark Knight Frank Lease, Industrial Address 2875 N Lamb Blvd., 89115 Tenant Global Logistics & Fulfillment, LLC Landlord Prologis, … [Read more...] about Red Report: June 2018
Business Indicators: June 2018
The “advance” estimate for U.S. real gross domestic product (GDP) for the first quarter of 2018 rose at an annual rate of 2.3 percent, a slower pace than the previous three consecutive quarters of about 3 percent. The first quarter real GDP growth, however, exceeded the first-quarter growth in recent years. The increase in real GDP largely reflected a moderate growth in … [Read more...] about Business Indicators: June 2018
What Is a Skill You’d like to Learn?
“I have always admired the classic cars that cruise through the streets in our community. I decided this last year to refurbish a vehicle with my son. The process was rigorous, but I can’t wait to learn more.” Mike Whan, Executive Director | Hot August Nights “I’d like to master the core mindfulness skill of presence, i.e., the art of disengaging from my busy mind to shift … [Read more...] about What Is a Skill You’d like to Learn?
Movers & Shakers: Dr. Constantine George
Founder and Chief Medical Officer Epitomedical Private Practice and the Vedius App (13 years in Nevada) Type of Business: Concierge Medical Practice of Pediatrics and Internal Medicine and Medical App | Hails from: Las Vegas, NV | 13 years with company in Nevada | Based in: Las Vegas, NV What do you want your legacy to be? To be remembered as an ethical, courteous and … [Read more...] about Movers & Shakers: Dr. Constantine George
Just Because It’s Bipartisan, Doesn’t Mean It’s a Good Idea
During the tumultuous presidential primaries in 2016, one candidate promised to impose huge tariffs on Chinese goods, “until they stop dumping steel into the United States,” thus restoring the American steel industry to its former glory. The candidate I’m thinking about was actually the self-described socialist senator from Vermont, Bernie Sanders — but it just as easily … [Read more...] about Just Because It’s Bipartisan, Doesn’t Mean It’s a Good Idea
Welcome to Nevada: May 2018
Monin, Inc. Monin, Inc. is a global manufacturer of beverage syrups, concentrates, sweeteners and flavorings. The company has announced plans to build an 80,000 square foot manufacturing and distribution facility in Reno to serve as a backbone for the company’s long-term west coast operations. The opening of the facility is expected to provide 30 jobs and $9 million in capital … [Read more...] about Welcome to Nevada: May 2018
Around the State: May 2018
Design Unveiled for Las Vegas Convention Center Expansion The Las Vegas Convention and Visitors Authority (LVCVA) has unveiled design drawings of the new look of the Convention Center once the expansion is complete. Geotechnical & Environmental Services has begun drilling for footing locations as part of the expansion phase which will cost $860 million and add 1.4 million … [Read more...] about Around the State: May 2018
Don’t Ignore Politics: Politics Won’t Ignore You
In the midst of today’s polarizing political climate, I sometimes hear people say they prefer not to get involved in politics. It’s dirty, negative and depressing. It’s a sport fought with knives. All of which may be true to a point. But, as distasteful as politics may be, politics will never ignore you. It will influence the amount you take home in your paycheck, the quality … [Read more...] about Don’t Ignore Politics: Politics Won’t Ignore You
Industrial Summary: First Quarter 2018
Northern Nevada By CBRE Reno The Northern Nevada industrial real estate market remains healthy with strong fundamentals. Net absorption for the first quarter of 2018 totaled 76,799 square feet. While this is less than in previous quarters, overall activity is robust and an increase in transaction volume is expected as the area moves into the second quarter, and throughout … [Read more...] about Industrial Summary: First Quarter 2018
Red Report: May 2018
E Sale, Retail Address 5105 E Sahara Ave., 89142 Buyer HSJC Investments Seller Niban Properties Details 24,610 SF; $3.75 million APN 161-09-110-107 Seller Rep Cathy Jones, CCIM, SIOR and Roy Fritz of Sun Commercial Real Estate Sale, Retail Address 5051 Stewart Ave., 89110 Buyer 5051 Stewart 1 LLC Seller LDR & Associates LTD Details 16,170 SF; $3,612,500 APN … [Read more...] about Red Report: May 2018
Business Indicators: May 2018
The “third” estimate for U.S. real gross domestic product (GDP) for the fourth quarter of 2017 increased at an annual rate of 2.9 percent, up by 0.4 percentage point from the previous estimate. U.S. nonfarm employment added a disappointing 103,000 jobs in March after the large increase of 326,000 jobs in the last month. The unemployment rate remained at 4.1 percent for the … [Read more...] about Business Indicators: May 2018
What Do You See as Nevada’s Best Asset?
“I believe that Nevada’s best asset is our unique approach to both opportunities and challenges. We possess an entrepreneurial spirit combined with an openness to reinvention. We’re not wed to our past.” Mark Haley, President | Smart City Networks “Nevada’s best asset is its people – those who come from other places and those born here. Our collective spirit of adventure, … [Read more...] about What Do You See as Nevada’s Best Asset?
Encourage Businesses to Invest in Education: Expand Educational Choice
Democrat gubernatorial candidate Steve Sisolak unveiled his education platform last month and, despite his best efforts, he unintentionally made a strong case for expanding Nevada’s only funded educational-choice program: Opportunity Tax-Credit Scholarships. “People want to help” improve education, said Sisolak, according to the Las Vegas Review-Journal. “Businesses want to … [Read more...] about Encourage Businesses to Invest in Education: Expand Educational Choice