E Sale, Retail ADDRESS 1201 – 1240 E. Charleston Blvd., 89104 BUYER Downtown Rental, Inc. SELLER US Bank National Association DETAILS 27,402 SF; $2,250,000 APN 139-34-814-001 REP (BOTH) Wil Chaffee and Paul Chaffee of NAI Vegas Sale, Land ADDRESS 5366 Stephanie St., 89122 BUYER Oxford Investment Partner, LLC SELLER CRV Classic Properties, LP DETAILS 1.66 acres; … [Read more...] about Red Report: January 2016
Reno business
Business Indicators: January 2016
The second estimate for U.S. real gross domestic product (GDP) for the third quarter of 2015 reports a 2.1 percent annualized growth rate, revised up from 1.5 percent in the first estimate. The revision mostly reflected higher levels of inventory investment in the private sector, while consumer spending and net exports were revised downward. Strong consumer spending still … [Read more...] about Business Indicators: January 2016
NVAR Honors Top Nevada REALTORS, including Kevin Sigstad as REALTOR of the Year
The Nevada Association of REALTORS (NVAR) honored its leading members at an awards event in Las Vegas on Friday, naming longtime industry leader Kevin Sigstad as its 2015 Nevada REALTOR of the Year and recognizing others from around the state for their continued service to their association, their profession and their communities. Sigstad, a longtime Reno REALTOR, served as … [Read more...] about NVAR Honors Top Nevada REALTORS, including Kevin Sigstad as REALTOR of the Year
New Juvenile Justice Profile Tool Provides States Findings in Six Key Areas
Provides highlights for 28 diverse juvenile justice reform topics Reno – The National Center for Juvenile Justice (NCJJ) has released a powerful new feature on the Juvenile Justice Geography, Policy, Practice & Statistics website (JJGPS) website that profiles each state with the most recent state trend data on juvenile arrests and custody issues from national data … [Read more...] about New Juvenile Justice Profile Tool Provides States Findings in Six Key Areas
Dermody Properties and PCCP Begin Construction on 1.6 Million-Square-Foot Industrial Park in Reno
PCCP, LLC and Dermody Properties, a national industrial development and operating company, recently broke ground on LogistiCenter at 395 Phase 2. On December 9, the companies and Nevada Governor Brian Sandoval celebrated the start of construction on the first facility, which is planned for 722,512 square feet with completion anticipated for May 2016. The facility is located at … [Read more...] about Dermody Properties and PCCP Begin Construction on 1.6 Million-Square-Foot Industrial Park in Reno
Two Tech Leaders Re-Elected to NCET Board
Matt Brown and Rick Saake have been re-elected to one-year terms on the board of directors of NCET, a member-supported nonprofit in Reno that produces events to help individuals and businesses explore and use technology. Brown will serve on the NCET board as vice president of blog content. Saake will serve as vice president of newsletter and database. Both were first elected … [Read more...] about Two Tech Leaders Re-Elected to NCET Board
Giving Back
Corporate giving is not static and unchanging, but rather an evolving process dependent on economic realities for companies that choose to give back to the communities in which they’re doing business. “It’s a concept of partnership,” said Michael Brown, executive director and vice president of corporate affairs, Barrick North America. “We’re in the mining business, but we’re … [Read more...] about Giving Back
Industry Focus: Commercial Real Estate
Commercial Real Estate in Nevada is recovering from a tough recession. Brokers agree that the industry has improved, but some markets are clearly bouncing back more quickly than others. Recently, commercial real estate experts met at the Las Vegas Law Offices of Snell & Wilmer to discuss the factors affecting the overall health of the industry in the Silver State. Connie … [Read more...] about Industry Focus: Commercial Real Estate
Protecting Your Business
Whether dealing with intangible threats from a murky cyber world or those closer to home such as litigious employees, business owners need to be protected on a myriad of fronts. While many threats that businesses face today are not new, there is a growing faction of creative criminals looking to attack companies through electronic vulnerabilities. As part of the Business First … [Read more...] about Protecting Your Business
Around the State: December 2015
Republic Services Opens Largest Residential Recycling Center in North America Republic Services, Inc. has recently opened a new residential recycling center that is both the largest and smartest of its kind. The center is capable of processing two million pounds of material per day or 70 tons per hour and is expected to double recycling capacity in Southern Nevada. The … [Read more...] about Around the State: December 2015
Telecom Technology Advances Transform How Nevada Does Business
A Southern Nevada-based radiology practice of more than 60 physicians with numerous offices uses a custom-designed network linking all locations, including the physicians’ homes, in order to read films there any time of the day or night when on call. The technical arrangement demands an ultra high-speed connection. Cox Communications, a broadband communications and … [Read more...] about Telecom Technology Advances Transform How Nevada Does Business
Office Summary: Third Quarter 2015
Southern Nevada Las Vegas Valley “spec office” vacancy rates during Q3, 2015 declined 0.3 points to 21.3 percent from Q2, 2015. Compared to Q3, 2014, the office vacancy rate is down 0.3 points, from 21.6 percent. Q3’s vacancy rate-decline means that the Valley’s office market has been improving for seven of the last eight quarters. Vacancy rates ranged from 15.2 percent for … [Read more...] about Office Summary: Third Quarter 2015
Nevada State Bank teams up with Wolf Pack to collect nearly 3,000 pounds of food and $2,244 for those in need
Food drive benefits the Food Bank of Northern Nevada RENO – As the sponsor of the Can the Spartans food drive, Nevada State Bank partnered with Nevada Athletics and the Food Bank of Northern Nevada to collect 2,928 pounds of food and $2,244 in cash donations. This effort will help the Food Bank of Northern Nevada to be able to distribute more than 9,000 meals during the … [Read more...] about Nevada State Bank teams up with Wolf Pack to collect nearly 3,000 pounds of food and $2,244 for those in need
Dermody Properties Wins Industrial Deal of the Year
Reno, Nev. – A new fulfillment center that Dermody Properties, a national industrial development company headquartered in Reno, Nev., and Hillwood Investment Properties are developing for Wayfair Inc. (NYSE:W) was recently named the Industrial Deal of the Year by NAIOP, the Commercial Real Estate Development Association (NAIOP). The 898,560-square-foot facility, known as … [Read more...] about Dermody Properties Wins Industrial Deal of the Year
SUPERNAP Executive Missy Young Elected to NCJFCJ Board of Directors
Focus for both organizations is on education Reno – The National Council of Juvenile and Family Court Judges (NCJFCJ) has elected Missy Young, a lifelong philanthropist, to the Board of Directors. "There is no doubt that Missy will have a positive impact on our organization," said Judge Darlene Byrne, President of the NCJFCJ Board of Directors. "Her business acumen and … [Read more...] about SUPERNAP Executive Missy Young Elected to NCJFCJ Board of Directors