Southern Nevada The overall vacancy rate for the Las Vegas Valley Industrial market in the second quarter was 6.2 percent, a drop of 0.5 points, from 6.7 percent in the first quarter of 2015. This decline equates to ten straight quarters of declining industrial vacancies. The strong growth in demand for industrial space, paired with resurgent construction and industrial … [Read more...] about Industrial Summary: Second Quarter 2015
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Nevada’s Booming Technology Sector: Start ups Find a Home in Southern Nevada
Almost every major American city has claimed to be the burgeoning, “New Silicon Valley” at some point in the past decade. However, the vibrato concerning Southern Nevada may actually be true. Las Vegas is stepping up its game for tech and startups. Since the recession, the name of the new game in Las Vegas has been business diversification. Nowhere is that reality more … [Read more...] about Nevada’s Booming Technology Sector: Start ups Find a Home in Southern Nevada
The Office Market: Slow and Steady into the Future
As a mixture of economic indicators appear to show the recession in our rear view mirrors, movers and shakers in Southern Nevada’s office market are cautiously planning ahead for slow and modest growth in the coming months. “The trending is moderate growth overall due to a bettering economy,” says Lance Bradford, founder of Stable Development in Las Vegas. “There are … [Read more...] about The Office Market: Slow and Steady into the Future
November 2014: Around the State
Union Village Breaks Ground One of the world’s first integrated health villages, Union Village, has broken ground in Henderson. The Valley Health System has partnered with Union Village, LLC to create a master-planned hospital complex and health center that combines residential components, entertainment and retail, a senior community and a civic and culture arts center. The … [Read more...] about November 2014: Around the State
Technology Trends in the Silver State
In December 2011, Frederick Cook and Kelly Eidson co-founded a business that aims to make moving one’s office or home a seamless, problem-free process. Using its proprietary technology, this Las Vegas firm acts as the intermediary between people who need moving services—truck rentals, full-service movers, pods, freight trailers and more—and the companies that provide those. … [Read more...] about Technology Trends in the Silver State
Groundbreaking for Downtown Las Vegas Clinic; Wells Fargo Invests in Southern Nevada; Home Prices Holding Steady
Volunteers in Medicine of Southern Nevada Hosts Groundbreaking Event for Clinic in Downtown Las Vegas Groundbreaking ceremony for VMSN’s new downtown Las Vegas clinic. Members of the community are invited to attend and receive information about the project. [Read more...] Wells Fargo Invests in Southern Nevada through Las Vegas Global Economic Alliance's 'Engage Southern … [Read more...] about Groundbreaking for Downtown Las Vegas Clinic; Wells Fargo Invests in Southern Nevada; Home Prices Holding Steady
Industrial Summary: First Quarter 2014
Southern Nevada The Las Vegas industrial market continued to witness substantial demand in the first quarter of 2014. The sector’s vacancy rate fell to 12.2 percent during the period, which is down 0.8 percentage points from the prior quarter. Compared to a year ago, vacancies are down an even more dramatic 2.8 percentage points. The industrial market vacancy rate has … [Read more...] about Industrial Summary: First Quarter 2014
November 2013: Around the State
FiveGen Sets Up Shop in the InNEVation Center A security and infrastructure company that offers application development, software solutions, cloud hosting and project management consulting, FiveGen has moved to the inNEVation Center by Switch SUPERNAP’s campus. FiveGen is the latest startup to move into the 65,000 square-foot facility which was started to foster economic … [Read more...] about November 2013: Around the State
The Cyber State: Nevada’s Burgeoning Technology Industry
The Brookings Report; Unify, Reorganize, Diversify: An Economic Development Agenda for Nevada, commissioned by the Governor’s Office of Economic Development in 2011, identified seven industry clusters Nevada should develop, specifically naming the technology and aerospace industries. In 2013, many in those industries are looking at and locating in, Nevada. Tech Comes to … [Read more...] about The Cyber State: Nevada’s Burgeoning Technology Industry
What is Paper? Nevada Embraces Technology and the People that Create It
Remember when businesses relied on rotary phones, typewriters and snail mail, when sales were done face to face and clients paid by cash or check? Today’s essential work tools are a cellphone, laptop or tablet and the Internet. We have e-mail, videoconferencing, telecommuting, e-tail, PayPal, apps and so much more. “There are so many technologies to choose from,” said Dave … [Read more...] about What is Paper? Nevada Embraces Technology and the People that Create It
Telecom: Now Calling the Future …
What’s ahead for Telecom in 2012? Lots of exciting new technologies and services, for one thing. And continued diversification, for another. And a still-crummy economy that will hamper a good amount of the growth that should be taking place. Reuters reported in early January that telecom firms around the world are expected to slash spending on networks over the next 11 … [Read more...] about Telecom: Now Calling the Future …