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Real estate and commercial development companies are faced with a variety of challenges in Southern Nevada’s business climate today. From the lack of affordable land and rising construction costs to timing issues for permits and entitlements, it’s becoming increasingly difficult to remain competitive. However, Plise Companies, LLC (Plise) continues to be ranked among industry … [Read more...] about Plise Companies, LLC: Planning for the Future

Beginning in the mid-1800s, a six-horse stagecoach rumbled across the American West, delivering gold and other valuables. It was a service of Wells, Fargo & Co.’s Bank, San Francisco, a company founded by Henry Wells and William Fargo in 1852. Since then, the Wells Fargo name has been associated with the stagecoach image, which represents the company’s past and service. … [Read more...] about Wells Fargo Bank: Looking Toward the Future

Survey Shows Real Estate Optimism The Commercial Real Estate Industry Confidence Survey, recently released by McDonald Carano Wilson, Restrepo Consulting Group and Colliers International-Las Vegas, reveals that members of the commercial real estate industry are optimistic about the economic and market conditions in Southern Nevada. Thirty-eight percent of respondents … [Read more...] about December 2006: Building Nevada Briefs

The recent decision by the Pahrump Town Board making English the official language of the town isn’t likely to make much difference to the nation as a whole, and may not even make much difference in Pahrump. However, the publicity it generated may be put to some good use if it serves to get people thinking about this important issue. The Pahrump law, called the English … [Read more...] about Press One for English? I Don’t Think So!

If you plan to relocate your office to a new facility, here are a few suggestions. Start the process early, at least six to 12 months before your existing lease expires. The timeframe depends on the size and complexity of your project. An early start will allow you the time to make informed decisions on information provided by your consultants. Assign a member of your … [Read more...] about Relocating Your Office? Some Points to Ponder

Mergers, acquisitions and giant-sized construction projects are changing the Nevada market, with hectic activity in banking and the resort industry setting the pace in 2006. Several large bank holding companies swallowed smaller firms, while resort companies bought, sold, swapped and built properties to consolidate and improve their positions in the lucrative tourism market. … [Read more...] about Deals and Deal-Makers in 2006: Nevada’s Largest Transactions

In August, the board of Business Bank of Nevada received an unsolicited offer from City National Bank to purchase their financial institution, which was founded in 1995. Jason Awad, who became chairman of the board of Business Bank of Nevada in December, 1999, said the bank has made an impressive turnaround in the last six years. “It was known as a ‘troubled bank’ and was … [Read more...] about Deal-Makers Extra: Business Bank – Persistence and Corporate Culture Lead to Success

While national and local media outlets have been speculating whether there will be a sharp downturn in housing, the commercial real estate market in Nevada remains healthy. Although it faces challenges due to rising costs for land and construction, plus slightly elevated vacancy rates in Southern Nevada, the outlook for the office markets at both ends of the state seems … [Read more...] about Nevada’s Office Market: An In-Depth Report

Charleston Pavilion Centre, located at 10801 West Charleston Blvd. in western Las Vegas, is a six-story, 150,000-square-foot class A office building. Charleston Pavilion, LLC, the investment group that owns the building, purchased the 7-acre site from The Howard Hughes Corporation in 2004 with the intention of having the building serve as the corporate headquarters for Business … [Read more...] about Nevada’s Office Market- Extra: Charleston Pavilion Centre Class A Summerlin Project Underway

In February 2001, Nevada Business Journal reported on efforts to bring high-tech businesses into the state. The dot.com boom and bust had taken its toll on California’s Silicon Valley, and the article focused on what was being done throughout the Silver State to reap the benefits of the Golden State’s woes. In particular, the article focused on the advantages offered by … [Read more...] about Can You Hear Me Now? High-Tech Puts Nevada On The Map

In September of this year, Dave Clark was selected as the Tech Entrepreneur of the Year by The Technology Business Alliance of Nevada (TBAN). Though his company, CommPartners, was founded in 2003, Clark is a telecom industry veteran with more than 20 years of experience in the field. He started in the telecom industry with a private pay telephone company, one of the first … [Read more...] about High-Tech Extra: Dave Clark of CommPartners TBAN’s Entrepreneur of the Year

When the 2006 political cycle started directly after the 2005 Legislature closed, everyone predicted it would be one of the most exciting campaign years Nevada had ever seen – so many open seats, so many good candidates talking about running. And, for the first time in a decade or more, an extremely competitive governor’s race. Looking back in the weeks after the polls … [Read more...] about Election 2006: A Wild Ride for Nevada

To paraphrase Tennyson’s comments on young men and spring, in the winter everyone’s fancy turns to thoughts of tax-savings. With just a few weeks before the end of the year, business owners especially should be considering what they can do to reduce their tax burden. The deduction for domestic production activities continues from 2005, but it’s often not well understood. For … [Read more...] about Year-End Tax Review: There’s Still Time to Reduce Tax Burden

Getting the job you want starts with your ability to get an interview; getting the interview depends on the quality of your résumé. Most résumés are little more than a copy of a person’s last job description. They tell little, if anything, about you as an individual or about your accomplishments. One of the most difficult things for people to do when writing a good résumé is … [Read more...] about Want a Job Interview? It All Starts with a Résumé

The government normally does not target mom-and-pop companies when its goal is to scare corporate America into doing the “right” thing. No, it aims at the big boys and girls like Wal-Mart, Tyson Foods and even Martha Stewart. Although law firms have generally been immune from such attacks, the United States Equal Employment Opportunity Commission (EEOC) has broken this … [Read more...] about Are Your Partners Actually Employees? You Might Be Surprised by the Answer