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
VanTrust Real Estate
Industrial Projects Transforming Nevada
Industrial projects at both ends of the state, especially big-box warehouse and distribution facilities, are playing a pivotal role in diversifying Nevada’s tourism-dependent economy. Large tracts of empty land are being transformed into industrial parks and high-tech hubs that increasingly attract out-of-state companies seeking proximity to West Coast markets without high … [Read more...] about Industrial Projects Transforming Nevada
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
City of North Las VegasGrowth by Design
The City of North Las Vegas turned 75 in 2021. When incorporated in 1946, North Las Vegas was a sleepy, bedroom community. Today, North Las Vegas is a thriving metropolis with one of the strongest economies in the state. Through a pro-business approach, North Las Vegas is the epicenter of commerce, manufacturing and logistics in southern Nevada. The origins of the City of … [Read more...] about City of North Las Vegas
Industry FocusBuilders & Developers
Like many other industries, builders and developers have been dealing with a multitude of COVID-related issues, from supply chain disruptions to market uncertainty. Building and development leaders have been challenged with remaining flexible on projects and adapting where possible. Recently, leaders in these industries met in a virtual roundtable, sponsored by City National … [Read more...] about Industry Focus
Blueprint for Evolution: Economic Development in North Las Vegas
Cities evolve. They follow distinct life cycles as economic conditions change. For the past three years the City of North Las Vegas has experienced a renaissance, and economic development is the driver igniting the growth. Through innovative programs and streamlined processes, North Las Vegas is creating opportunities for investors, developers and residents who want … [Read more...] about Blueprint for Evolution: Economic Development in North Las Vegas
Red Report: April 2016
E Sale, Land ADDRESS SWC of Nellis Blvd. & Geist Ave., 89115 BUYER Millis Nellis, LLC SELLER Criswell Properties, LLC DETAILS 1.39 acres; $292,000 APN 140-17-611-011 BUYER’S REP Ben Millis and Chris Beets of Newmark Grubb Knight Frank SELLER’S REP Gary Burgher of Pro Commercial Real Estate, Inc. H Sale, Office ADDRESS 2811 W. Horizon Ridge Pkwy., 89052 BUYER … [Read more...] about Red Report: April 2016