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
Las Vegas real estate
Red Report: April 2017
N Sale, Retail ADDRESS 8043 – 8053 N. Durango Dr., 89131 BUYER Durango SNS, LLC SELLER SSB Propco, LLC DETAILS 11,060 SF; $2,225,000 APN 125-08-817-002 SELLER’S REP Dustin R. Alvino of Marcus & Millichap Sale, Land ADDRESS SEC of Rainbow Blvd. & Ann Rd., 89130 BUYER Herbst Development, LLC SELLER Rainbow Ann 1, LLC DETAILS 1.64 acres; $1.4 million APN … [Read more...] about Red Report: April 2017
Retail Summary: Fourth Quarter 2016
Southern Nevada The Las Vegas Valley anchored retail had an encouraging finish to 2016 with vacancy dropping 0.7 points from 11.2 percent in Q3, 2016 to 10.5 percent in Q4, 2016. At the end of Q4, vacancy rates were 6.8 percent in power centers, 11.8 percent in community centers and 11.4 percent in neighborhood centers. Record high taxable sales are playing a significant role … [Read more...] about Retail Summary: Fourth Quarter 2016
The McGarey Group Named #1 Berkshire Hathaway HomeServices Commercial Team in U.S.
LAS VEGAS - The McGarey Group, a commercial real estate division of Berkshire Hathaway HomeServices Nevada Properties, was recognized as the top-producing team throughout Berkshire Hathaway HomeServices for 2016. This is the fourth consecutive year the team has ranked #1 in the nation and the eighth year in a row that it has been one of top five ranked commercial teams in the … [Read more...] about The McGarey Group Named #1 Berkshire Hathaway HomeServices Commercial Team in U.S.
CALV hosts May 3 mixer for commercial real estate professionals
LAS VEGAS – Commercial Alliance Las Vegas (CALV) is hosting its annual spring networking mixer for local commercial real estate professionals on Wednesday, May 3, from 5:30 to 7:30 p.m. at the Cili Restaurant at the Bali Hai Golf Club, 5160 Las Vegas Blvd. South. Event sponsors and partners include the local chapters of the Appraisal Institute; BOMA (Building Owners and … [Read more...] about CALV hosts May 3 mixer for commercial real estate professionals
Patti Dillon of Colliers International – Las Vegas Receives SIOR Designation
Patti Dillon, SIOR of Colliers International | Las Vegas has achieved the SIOR designation awarded by the Society of Industrial and Office REALTORS®. SIOR is a Washington, DC-based international professional organization of more than 3,000 commercial real estate professionals. Dillon becomes the tenth SIOR designee for Colliers International’s Las Vegas office. “We … [Read more...] about Patti Dillon of Colliers International – Las Vegas Receives SIOR Designation
GLVAR’s Young Professionals Network Honors its Top “40 Under 40” Local REALTORS and 2017 Hall of Fame Members
LAS VEGAS – The Greater Las Vegas Association of REALTORS (GLVAR) and its Young Professionals Network of Las Vegas (YPN) have announced the winners of their annual “40 Under 40” awards. The awards program was created to acknowledge the top 40 local REALTORS under the age of 40 who demonstrate excellence in their careers and service to their community, the real estate … [Read more...] about GLVAR’s Young Professionals Network Honors its Top “40 Under 40” Local REALTORS and 2017 Hall of Fame Members
Dickson Commercial Group Represents Seller in a 24-Unit Multifamily Student Housing Transaction
Reno – Dickson Commercial Group is pleased to announce the successful transaction at 1415, 1421, and 1425 N. Virginia St, Reno, NV 89503 directly across from the University of Nevada, Reno. The 24-unit assemblage consists of three apartment buildings, a duplex and a single-family home. The one bedroom one bath units are primarily occupied by students and professors attending … [Read more...] about Dickson Commercial Group Represents Seller in a 24-Unit Multifamily Student Housing Transaction
REALTORS Increasingly Confident in Health of Local Housing Market
GLVAR-Lied Institute Survey Shows Nine of 10 Expect Rising Home Prices LAS VEGAS – More than nine out of 10 local REALTORS expect local home prices to keep going up in the next year. That’s one of the highlights from the latest Quarterly Sentiment Index released this week by UNLV’s Lied Institute for Real Estate Studies in partnership with the Greater Las Vegas … [Read more...] about REALTORS Increasingly Confident in Health of Local Housing Market
GLVAR and CALV Offer Commercial Real Estate Education Day, Starting April 11
LAS VEGAS – If you want to learn more about commercial real estate, here’s your chance. Starting April 11 and continuing once every quarter throughout the year, the Greater Las Vegas Association of REALTORS (GLVAR) and its Commercial Alliance Las Vegas (CALV) will be presenting a “Commercial Real Estate Education Day” at the GLVAR building at 1750 E. Sahara Ave. According … [Read more...] about GLVAR and CALV Offer Commercial Real Estate Education Day, Starting April 11
Construction Milestone Reached at Dermody Properties’ LogistiCenter at Las Vegas Boulevard
Las Vegas – Dermody Properties, a national industrial real estate owner-operator headquartered in Reno, Nevada, announced that it reached a construction milestone with the tilt-up and placement of the first wall panels for its 546,480 SF industrial facility on Las Vegas Boulevard near North Walnut Road. The building will be completed on time by the end of the second quarter of … [Read more...] about Construction Milestone Reached at Dermody Properties’ LogistiCenter at Las Vegas Boulevard
Nevada REALTORS Visit France to Show Off Silver State Real Estate Opportunities
LAS VEGAS – Leading REALTORS from throughout Nevada will be showing off real estate and investment opportunities in the Silver State by attending MIPIM, the world’s leading global real estate market, business conference and networking event, being held March 14-17 in Cannes, France. Seven Nevada real estate industry leaders are attending the event this week, representing the … [Read more...] about Nevada REALTORS Visit France to Show Off Silver State Real Estate Opportunities
Dickson Commercial Group Helps Bring Asian Fusion Restaurant Venue to Downtown
Reno – Dickson Commercial Group is pleased to announce the successful lease transaction at 50 W. Liberty Street in Downtown Reno. Lindy Deller of DCG represented the tenant, CreAzian in the lease negotiations for new location. CreAzian is a fusion of Vietnamese and American Cuisine and will occupy a 4,924 square foot ground floor restaurant space at the Class A office tower, … [Read more...] about Dickson Commercial Group Helps Bring Asian Fusion Restaurant Venue to Downtown
Colliers International – Las Vegas Recognized as Brokerage Firm of the Year for 12th Consecutive Year
Mike Mixer, executive managing director of Colliers International – Las Vegas, announced that the company was named Brokerage Firm of the Year for the twelfth (12) consecutive year by NAIOP Southern Nevada. The award was announced at NAIOP’s 20th annual Spotlight Awards event on March 4th at the Red Rock Casino Resort Spa. This award is the highest honor that a Brokerage … [Read more...] about Colliers International – Las Vegas Recognized as Brokerage Firm of the Year for 12th Consecutive Year
Berkshire Hathaway HomeServices Nevada Properties Recognizes 2016 Sales Leaders
LAS VEGAS - Berkshire Hathaway HomeServices Nevada Properties recognized its top real estate sales executives and teams for their 2016 achievements. The company completed $3.7 billion in sales last year, a 19 percent gain over 2015. “We are steadily growing year after year,” said CEO Mark Stark. “We completed $3.1 billion in sales in 2015, which was a 15 percent increase … [Read more...] about Berkshire Hathaway HomeServices Nevada Properties Recognizes 2016 Sales Leaders