Industrial properties are those that support industrial uses, meaning either the land intended for development or the buildings intended for uses ranging from distribution and logistics to warehousing and manufacturing, to services that support the local community. Metro areas in Nevada are becoming increasingly land-constrained, and developers are turning to infill properties … [Read more...] about Industrial Properties in Nevada
Schnitzer Properties
Industry FocusBuilders and Developers
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
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
Reed Gottesman
SVP/Regional Manager Schnitzer Properties Type of Business: Commercial Real Estate Development and Operations Based: Las Vegas, San Diego and Salt Lake City Hails from: Teaneck, NJ “Luck is the sense to recognize an opportunity and the ability to take advantage of it. Everyone has bad breaks, but everyone also has opportunities. The person who can smile at his breaks and … [Read more...] about Reed Gottesman
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
Industry FocusBuilders & Developers
As most industries recover from the impacts of the COVID pandemic, builders and developers are still facing challenges with the supply chain, workforce issues and market uncertainty. In spite of those challenges, industry leaders are forging ahead in shaping Nevada’s skylines. Recently, builders and developers met in a virtual roundtable, sponsored by City National Bank, to … [Read more...] about Industry Focus
Around the StateFebruary 2022
UNR and SNU Acquisition Proposal Approved The University of Nevada, Reno (UNR) has been approved to acquire Sierra Nevada University (SNU) by the executive committee of the Northwest Commission on Colleges and Universities. The committee noted that the transaction, “will allow for continued long-term growth and financial stability,” for Nevada. The acquisition must now be … [Read more...] about Around the State