E Sale, Industrial ADDRESS 4750 N. Lamb Blvd., 89115 BUYER Bixby Land Company SELLER Pamida Realty, LLC DETAILS 180,000 SF; $15.1 million APN 140-05-111-005 SELLER’S REP Ben Millis and Chris Beets of Newmark Grubb Knight Frank Sale, Industrial ADDRESS 3045 N. Lamb Blvd., 89115 BUYER Robbie Auto, Inc. SELLER Talmer West Bank DETAILS 10,646 SF; $970,000 APN … [Read more...] about Red Report: October 2015
Departments
Commercial Retail Summary: Second Quarter 2015
Southern Nevada The Las Vegas Valley Anchored Retail vacancy rate remained unchanged at 11.9 percent in the second quarter. At the end of Q2, vacancy rates ranged from 9.2 percent in Power Centers to 13.2 percent in Neighborhood Centers. The second quarter ends two consecutive quarters of increasing vacancy rates. With the retail market near the 10 percent stabilized rate and … [Read more...] about Commercial Retail Summary: Second Quarter 2015
Business Indicators: October 2015
The “second” estimate for U.S. real gross domestic product (GDP) in the second quarter of 2015 indicates an annualized rate increase of 3.7 percent, which is a significant upward revision from the advance estimate of 2.3 percent. The Bureau of Economic Analysis stated that second-quarter increases in real GDP mostly reflected strong consumer spending. More generally, personal … [Read more...] about Business Indicators: October 2015
What Do You Think of the Presidential Candidates Thus Far?
“This is the strongest field of conservative candidates in years. I see wisdom, integrity and executive experience, which makes me hopeful that our country will lead from strength once again.” Derek Neider | Senior Pastor Calvary Chapel Spring Valley “To date, it appears we Americans have a tough job ahead of us in electing a new leader. There are a number of tough issues on … [Read more...] about What Do You Think of the Presidential Candidates Thus Far?
Taxes and Education: The Decision-Maker’s Perspective
I am a native Nevadan and I was publicly educated here. In fact, my father took time away from his gaming career to teach and my daughter and daughter-in-law are Nevada teachers now. I appreciate the vital role teachers and education have in our society. However, the fact is that the cost of a public education is accelerating at a rate which is exceeding our state’s economic … [Read more...] about Taxes and Education: The Decision-Maker’s Perspective
George Moore:Quick Jet Charter
Founder and CEO Quick Jet Charter https://quickjetcharter.com/ How did you first get into your profession? I attended the U.S. Air Force Academy. When I graduated, I completed Pilot training in the Air Force. I then moved up the ranks to Captain and Aircraft Commander of the KC-135 Stratotanker where I decided to attend Spears School of Business at Oklahoma State … [Read more...] about George Moore:Quick Jet Charter
Michael Dermody: Dermody Properties
Chairman and CEO Dermody Properties https://www.dermody.com/ What is your pet peeve? My pet peeve in business is not taking notes in a business meeting. My personal pet peeve is using a text to respond to something that should be talked about face to face. Communication is the key to everything we do in our lives and the more direct that is, the better the … [Read more...] about Michael Dermody: Dermody Properties
Dr. Arthur Cambeiro: SurgiSpa Cosmetic and Plastic Surgery
Owner SurgiSpa Cosmetic and Plastic Surgery https://www.surgispa.net/ How did you first get into your profession? It was an easy progression to figure out during medical school. I always knew I wanted to be a surgeon, as I have always had strong hand-eye coordination and perceptual skills. Once I embarked on my plastic surgery training, plastic surgery captured my … [Read more...] about Dr. Arthur Cambeiro: SurgiSpa Cosmetic and Plastic Surgery
Businesses Needed for Scholarship Program: At No Net Cost to Firms, Donations will Improve the Lives of Students
Despite the spin from some, Nevada business people care deeply about education in Nevada and routinely donate millions towards K-12 and higher education. Unfortunately, politicians also routinely force “contributions” by raising taxes, including the largest tax hike in Nevada history during the last legislative session. For decades, business owners and employees have paid … [Read more...] about Businesses Needed for Scholarship Program: At No Net Cost to Firms, Donations will Improve the Lives of Students
Red Report: September 2015
E Sale, Retail ADDRESS 821 Lamb Blvd., 89110 BUYER Orexco 1031 Exchange SELLER DCR Real Estate VI Sub I, LLC DETAILS 17,606 SF; $2,250,000 APN 140-29-301-010 BUYER’S REP Carlington Miller of Realty One SELLER’S REP Ben Millis and Chris Beets of Newmark Grubb Knight Frank Sale, Industrial ADDRESS 4280 N. Pecos Rd., 89115 BUYER BAJ, LLC SELLER JJS, LLC DETAILS … [Read more...] about Red Report: September 2015
Office Summary: Second Quarter 2015
Southern Nevada Las Vegas Valley spec office vacancy rates during Q2, 2015 ranged from 16.3 percent for Class C space to 32.1 percent for Class A. The overall vacancy rate was 21.6 percent, a decline from 21.7 percent recorded in Q1, 2015. Compared to Q2, 2014, the vacancy rate is down 1.1 points from 22.7 percent. Q2’s decline in vacancy rate makes 6 quarters with an … [Read more...] about Office Summary: Second Quarter 2015
Business Indicators: September 2015
The preliminary estimate for U.S. real gross domestic product (GDP) in the second quarter of 2015 indicates an annualized rate increase of 2.3 percent. Recent Bureau of Economic Analysis revisions state that real GDP increased by 0.6 percent in the first quarter of 2014, higher than the negative 0.2 percent growth in the third estimate. Higher real GDP growth in the first … [Read more...] about Business Indicators: September 2015
If you could live in a television show, what show would it be?
“I’d like to live in ‘West Wing’ or ‘House of Cards’, although I may need to rethink the latter because a lot of people die unexpectedly…” Katie Ryan | Director, Communications and Public Policy, Dignity Health-St. Rose Dominican “‘Dr. Who’ – Not because I’m a sci-fi fan, but who wouldn’t want to travel into the future and back into the past, and maybe have some impact along … [Read more...] about If you could live in a television show, what show would it be?
Bryce Clutts: DC Building Group
President DC Building Group https://buildwithdcbg.com/ What do you want your legacy to be? That I loved God, my wife and children before anything else. What is your pet peeve? Lack of accountability. Not doing what you said you were going to do. What is a little known fact about yourself? I am the youngest President of the Las Vegas Chapter of the AGC (Associated … [Read more...] about Bryce Clutts: DC Building Group
Ann Simmons Nicholson: The Simmons Group
Las Vegas President & CEO https://www.simmons-group.com/ How did you first get into your profession? I was working as director of operations for a fast food chain. The position responsibilities were divided up and I was given my choice. I choose HR and training and development. What business advice would you give someone just starting in your industry? Find a way … [Read more...] about Ann Simmons Nicholson: The Simmons Group