Incorporated on May 1, 1946, the City of North Las Vegas (NLV) has a long history in southern Nevada. Since its beginnings, the city has established itself as an economic oasis in the region due to the area’s abundance of land, steady pipeline of available workers, pro-business environment and easy reach to western markets. The city’s draw can effectively be … [Read more...] about Land, Infrastructure + Opportunity
Apex Industrial Park
Space Available?Update on Land in Nevada
Nevada has seen tremendous growth in the past two years with more than 150,000 people becoming Nevadans. As more and more people move into the state it has caused industrial developers to see increased opportunity. More than half of Nevada’s land belongs to the state and is managed by the Bureau of Land Management (BLM). But, in the last decade that amount has gone from 87 … [Read more...] about Space Available?
Supply & DemandNevada’s Industrial Market
The demand for industrial space has been extraordinarily strong in Nevada throughout this economic expansion and is expected to stay consistent throughout the rest of this year and into 2021, according to real estate professionals throughout the state. Originally, a decline in demand was expected due to the country’s trade war with China, but with trade tensions easing that … [Read more...] about Supply & Demand
Blueprint for Evolution: Economic Development in North Las Vegas
Cities evolve. They follow distinct life cycles as economic conditions change. For the past three years the City of North Las Vegas has experienced a renaissance, and economic development is the driver igniting the growth. Through innovative programs and streamlined processes, North Las Vegas is creating opportunities for investors, developers and residents who want … [Read more...] about Blueprint for Evolution: Economic Development in North Las Vegas
Nevada’s Industrial Future: Two Parks Hold Great Promise for the Silver State
“It was the best of times, it was the worst of times” applies to Nevada’s tale of two industrial parks, one in the north and huge, the other in the south and a fraction of the size. Though the genesis of both took place at about the same time, in the late 1990s, their courses differed radically due to various circumstances of ownership, place and time. Today, the one with 17 … [Read more...] about Nevada’s Industrial Future: Two Parks Hold Great Promise for the Silver State
Welcome to Nevada: February 2016
Deceuninck North America A global organization specializing in PVC window and door systems and composites for the building industry, Deceuninck North America, broke ground on a new plant in Fernley last year. The plant is expected to open in the second quarter of 2016 and includes 150,000 square feet of extrusion, manufacturing, support, warehose and office space. Deceuninck … [Read more...] about Welcome to Nevada: February 2016
Developers: New Projects Signal Improved Markets
As the welcome sights and sounds of industrial construction continue to pop up all around the Silver State, business decision makers agree that economic good times are coming back. With 200 million square feet of development sprinkled around the U.S., Europe and Canada, developers at Panattoni Development Company, Inc. are happy to have stuck with in Nevada for 17 … [Read more...] about Developers: New Projects Signal Improved Markets
A Developing State: Growing Economy Encourages New Projects
As Nevada’s economy picks up the pace, businesses are returning to Nevada and Nevada is returning to business – mostly. In Southern Nevada there’s no real wage growth, gaming revenues are down, home sales are slowing. At the same time, industrial property vacancies are dropping, flex space rents are low but flex spaces themselves are filling, and big box industrial space is … [Read more...] about A Developing State: Growing Economy Encourages New Projects
Game Changers: Economic Development in Nevada
Nothing paints a clearer picture of the results of economic development than the Silver State. Nevada has transitioned from a state with the highest unemployment rates in the country to a state welcoming Tesla to its economy, breaking ground on a 12,000-home master planned community, launching one of the first-of-its-kind interactive medical communities with Union Village and … [Read more...] about Game Changers: Economic Development in Nevada