Building in Nevada has never been easy. From the scorching temperatures of southern Nevada to the rocky terrain of northern Nevada, developing the Silver State is not for the faint of heart. The challenge has only been made greater by a lack of talent, unavailable land and red tape leaving even the most experienced wondering what Nevada’s future holds. Recently a group of … [Read more...] about Industry Focus
John Ramous
Shifting Supply and DemandIndustrial Real Estate in Nevada
At the height of the pandemic, industrial real estate was at a premium. With everyone everywhere buying everything online, warehouses, distribution systems and logistics centers were in high demand. So was land zoned for industrial use and infill spaces that could be converted. Simultaneously, the demand for office space reduced as remote work replaced commuting to the office. … [Read more...] about Shifting Supply and Demand
Industry FocusBuilders & Developers
Despite rumors of a looming recession, construction zones seem to be on every corner throughout Nevada. And while this surely signifies growth for the Silver State, builders and developers are facing serious challenges. They grapple with a scarcity in workforce, strict regulations and challenges in financing. And yet, despite these challenges, the experts are … [Read more...] about Industry Focus
Industrial MarketWhat Goes Up, Must Come Down
Nevada’s industrial sector has been the hottest of all market segments statewide. Due in large to Nevada’s reputation of being business friendly, more companies are looking to move to the Silver State. And with a high demand for warehouses of any and all sizes, low vacancy rates and extensive preleasing activity, industrial development in Nevada has remained strong even in … [Read more...] about Industrial Market
City of North Las VegasBreaking Barriers
“People have a choice when they decide where to live, and they continue to choose North Las Vegas. We offer everything they need,” said Mayor Pamela Goynes-Brown of the City of North Las Vegas. “We have great schools, amazing parks, community events and people want to live and do business in North Las Vegas.” Goynes-Brown is newly elected to the position of mayor at the … [Read more...] about City of North Las Vegas
Dermody Properties Hires Pearce Dermody as Vice President and Investment Manager
RENO, Nev. — Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, has hired Pearce Dermody as Vice President and Investment Manager in Nevada. Dermody brings a breadth of experience in the federal funds allocation process, land use policy, and cost structures – all … [Read more...] about Dermody Properties Hires Pearce Dermody as Vice President and Investment Manager
High-View LandscapesCommercial Real Estate Developments in Nevada
The economic climate in the United State, and the globe, is leaving many professionals scratching their heads. A lot of indicators suggest the economy might be slowing and could even be entering a recession. Those indicators, however, are telling a different story than a lot of previous economic downturns. Companies for instance are in desperate need of employees, … [Read more...] about High-View Landscapes
Industry FocusBuilders & Developers
Over the past decade, builders and developers in Nevada have seen a host of changes and have had to adapt to a difficult and quickly changing economic landscape. Leaders in this industry recently met at the Las Vegas offices of City National Bank to discuss the future of building and development in Nevada. Connie Brennan, publisher and CEO of Nevada Business … [Read more...] about Industry Focus
Industry FocusBuilders & Developers
In many ways the commercial real estate industry is thriving. While the industry isn’t facing the issues it was during the recession, builders and developers are facing and adapting to a new set of challenges. Recently, executives representing builders and developers in Nevada met at the Las Vegas office of City National Bank to discuss building and development … [Read more...] about Industry Focus
Build-To-Suit, Spec, Flex: Nevada’s Industrial Real Estate Industry Has It All
Industrial real estate isn’t static. Buildings are constructed, leased up and absorbed, vacancy rates fall and climb again, buildings constructed for one purpose end up serving another. Everything varies with the cycle of the economy. Industrial real estate itself is a microcosm view of the industries using it. The Nevada Market In Nevada, indicators point to continued … [Read more...] about Build-To-Suit, Spec, Flex: Nevada’s Industrial Real Estate Industry Has It All
Industry Focus: Builders & Developers
Arguably the most beleaguered industry during the Great Recession, builders and developers have bounced back with a vengeance. Executives in this industry recently gathered to discuss their industry, the rebound and new challenges builders and developers face. Connie Brennan, publisher and CEO of Nevada Business Magazine, served as moderator for this event. The magazine’s … [Read more...] about Industry Focus: Builders & Developers
Industry Focus: Commercial Real Estate
The commercial real estate (CRE) industry in Nevada has been growing in recent years despite a number of hurdles professionals have overcome. Leaders in commercial real estate recently met at the Las Vegas offices of City National Bank to discuss the challenges and opportunities facing their industry and what’s on the horizon moving forward. Connie Brennan, … [Read more...] about Industry Focus: Commercial Real Estate
Developing Big Boxes: Growth in Nevada’s Industrial Market
That sound that developers of industrial properties hear in the background is the ticking of the clock counting down the longest-lived economic recovery since World War II. But although the ticks are growing louder, demand for space from new and expanding industrial companies keeps developers busy in Las Vegas and Reno alike. The reasons for the boom are a well-told … [Read more...] about Developing Big Boxes: Growth in Nevada’s Industrial Market
Industry Focus: Builders and Developers
Many builders and developers in the Silver State fought through the recession only to come out on the other side and realize there are new challenges facing their companies. Leaders in commercial building and development recently met at the Las Vegas offices of City National Bank to address these challenges and discuss opportunities in the industry. Connie Brennan, publisher … [Read more...] about Industry Focus: Builders and Developers
My Henderson
The City of Henderson is open for business. And families. And for anyone who enjoys being in a city consistently awarded best of designations. In November of last year, for example, 24/7 Wall Street named Henderson to the list of America’s 50 Best Cities to Live in. The city is growing. Businesses are opening, financial services and corporate headquarters are calling … [Read more...] about My Henderson