Nevada Business Magazine

The Decision Maker's Magazine

Las Vegas business

ASCAYAWelcomes Niya Rivera for January Art Installation

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ASCAYA welcomes Niya Rivera as its artist in residence during the month of January. Rivera’s installation will officially open January 11 from 3-6 p.m. during ASCAYA’s weekly Vino With A View event. Following the opening, the installation will be open for public viewing during ASCAYA office hours through the end of the month. “We are thrilled to welcome another talented and … [Read more...] about ASCAYAWelcomes Niya Rivera for January Art Installation

Commercial Real Estate Market in Southern Nevada Ends 2016 on Upswing

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LAS VEGAS – A report released by Xceligent and the Commercial Alliance Las Vegas (CALV) shows the commercial real estate market in Southern Nevada ended 2016 on an upswing, with positive momentum in the office, industrial and retail markets. CALV President Jennifer Ott, CCIM, and a longtime local commercial real estate broker, said most aspects of the industry continued to … [Read more...] about Commercial Real Estate Market in Southern Nevada Ends 2016 on Upswing

The Ups and Downs: Nevada’s Economic Forecast

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Experts are bullish on Nevada’s overall economy this year, anticipating continued recovery from the recession and growth, they said. Four key markers support their outlook: Wages: The average private weekly wage for Nevada workers peaked in October at $758.86, representing a 2.3 percent year-over-year increase, according to Applied Analysis, a Las Vegas-based economic fiscal … [Read more...] about The Ups and Downs: Nevada’s Economic Forecast

On Campus or Online: Opportunities for Executive Education in Nevada

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Ask the administrator of an executive education program why an individual would spend the money and take the time to earn an advanced degree in business, and the answer comes back threefold. “People are coming into the program because they are looking to move up the corporate ladder,” said Nikkole McCartin, director, EMBA program, Lee Business School, University of Nevada, … [Read more...] about On Campus or Online: Opportunities for Executive Education in Nevada

Southern Nevada Home Builders Association: Advocate for Housing

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For more than 60 years, the Southern Nevada Home Builders Association (SNHBA) has been a leading advocate for housing in the state of Nevada. SNHBA has played a leadership role in the numerous governmental and public affairs’ issues that impact the housing industry, and in particular, homebuilders, homebuyers and homeowners. The association is the oldest and largest trade … [Read more...] about Southern Nevada Home Builders Association: Advocate for Housing

Industry Focus: Philanthropy

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As a new administration assumes leadership, non profits across the state brace for changes. From funding challenges to community engagement efforts, leaders of non profits recognize a need for flexibility in their operations moving forward. Recently, a group of non profit executives met to discuss the issues their industry faces and the state of the non profit industry. The … [Read more...] about Industry Focus: Philanthropy

Movers & Shakers: Chris Flocchini

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President & CEO Sierra Meat & Seafood (68 years in NV) Type of Business: Meat and Seafood Manufacturer and Distributor | Hails from: Los Gatos, California | 16 years with company in Nevada | Based in: Reno How did you first get into your profession? After college I decided not to get into the meat and seafood business with my family; I went into the real … [Read more...] about Movers & Shakers: Chris Flocchini

Welcome to Nevada: January 2017

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Amazon A new fulfillment center is under construction in North Las Vegas expanding Amazon’s presence in Southern Nevada. The company plans to open the facility by the summer of 2017 which will be operated by Amazon.com.kycd LLC, a subsidiary of Amazon.com. Plans for the new center include the hiring of 1,000 employees within the first few months with an average hourly wage … [Read more...] about Welcome to Nevada: January 2017

Around the State: January 2017

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Rural Nevada Receives Over $188 Million Investment for FY 2016 The US Department of Agriculture Rural Development (USDA RD) has announced that, for fiscal year 2016, rural Nevada received $188 million in support of housing, community facilities, water systems and businesses. Further, the department announced that a total of $1.35 billion has been obligated statewide since 2009 … [Read more...] about Around the State: January 2017

Thanks to Capitalism, the Future Is Quickly Arriving

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The future is apparently upon us. It’s true that we don’t yet have flying cars, cities built on clouds or Back-to-the-Future-style hover boards. But we are on the verge of having self-driving cars. And we already have telephones with more computing power than the system that successfully landed men on the moon. And now, thanks to retail giant Amazon, we will soon have … [Read more...] about Thanks to Capitalism, the Future Is Quickly Arriving

Carefully Planned: Architects and Engineers in Nevada

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Like the fellow who narrowly escaped drowning, executives of architectural and engineering firms in Nevada are really cautious as they venture back into the water. Obviously, industry executives are thrilled they’re landing a steady stream of new work as the development and construction sectors come back to life but, they’re wary of once again getting into deep water too … [Read more...] about Carefully Planned: Architects and Engineers in Nevada

Red Report: January 2017

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E Sale, Multi-Family ADDRESS 501 S. 10th St., 89101 BUYER Ambleside Properties LLP SELLER T.H. Steele DETAILS 44 units; $32,727 per unit APN 139-34-811-006 SELLER’S REP Michael R. LaBar and Michael L. Shaffner of Marcus & Millichap H Sale, Retail ADDRESS 210 N. Boulder Hwy., Bldg. F, 89015 BUYER Southpoint Apartment, Inc. SELLER WPI-Lake Boulder, LLC DETAILS … [Read more...] about Red Report: January 2017

Retail Summary: Third Quarter 2016

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Southern Nevada The Las Vegas Valley anchored retail vacancy rate ticked up from 11 percent in Q2, 2016 to 11.1 percent in Q3, 2016. At the end of Q3, vacancy rates were 7.8 percent in power centers, 12.8 percent in community centers and 11.2 percent in neighborhood centers. With the retail market just one point above the 10 percent stabilized rate and taxable retail sales at … [Read more...] about Retail Summary: Third Quarter 2016

January 2017: Business Indicators

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U.S. real gross domestic product (GDP) for the third quarter of 2016 grew at a 3.2 percent annualized rate instead of the 2.9 percent from the advanced estimate. The upward revision reflected higher consumer spending and net exports than previously reported, which were partly offset by smaller-than-expected fixed investment and state and local government spending. The … [Read more...] about January 2017: Business Indicators