Despite rumors of a looming recession, construction zones seem to be on every corner throughout Nevada. And while this surely signifies growth for the Silver State, builders and developers are facing serious challenges. They grapple with a scarcity in workforce, strict regulations and challenges in financing. And yet, despite these challenges, the experts are … [Read more...] about Industry Focus
Prologis
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
Commercial real estate in Nevada has seen its share of challenges and continues to face an uncertain market. Facing common issues of labor shortages and supply chain constraints, builders and developers are navigating a shifting market, concerns over capital and struggling to meet deadlines due to red tape. Commercial real estate executives recently met at a roundtable … [Read more...] about Industry Focus
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
Industrial SubmarketDemand Over Pandemic
The industrial real estate market has been crucial to the economy throughout the coronavirus pandemic as its stability has been driven by demand from e-commerce companies as consumer spending habits have shifted away from brick-and-mortar retail to online. That shift may be permanent as Nevada’s economy begins to recover from the pandemic. But some brokers believe retail … [Read more...] about Industrial Submarket
Suzette LaGrange Earns CCIM Designation
Las Vegas- Colliers International is proud to announce Senior Vice President Suzette La Grange has earned designation as a Certified Commercial Investment Member (CCIM). Ms. LaGrange joined Colliers International – Las Vegas in 2005, following a 10-year career with another local firm. She has been involved in industrial lease transactions totalling more than 7 million square … [Read more...] about Suzette LaGrange Earns CCIM Designation
Red Report: December 2016
E Sale, Industrial ADDRESS 2485 Marco St., 89115 BUYER Salazar Management Group V, LLC SELLER Lee Family Trust DETAILS 8,060 SF; $1,050,000 APN 140-17-801-006 BUYER’S REP Weichert Realtors – Aspire SELLER’S REP Sean Zaher of CBRE H Sale, Office ADDRESS 1410 & 1434 E. Lake Mead Pkwy., 89015 BUYER Great Blue Lake, LLC SELLER Lake Mead Properties, LLC DETAILS … [Read more...] about Red Report: December 2016
Winners of Henderson’s 17th Annual Economic Development and Small Business Awards Announced
HENDERSON – The Henderson Chamber of Commerce and the City of Henderson’s Economic Development & Tourism department held Henderson’s 17th Annual Economic Development and Small Business Awards Thursday, Nov. 10, at the Green Valley Ranch Resort, Spa & Casino. The awards program recognizes businesses that have impacted the growth of the city in a variety of ways. The … [Read more...] about Winners of Henderson’s 17th Annual Economic Development and Small Business Awards Announced
Henderson to Celebrate Economic Development, Small Businesses
Henderson – The Henderson Chamber of Commerce and the city of Henderson’s Economic Development/Redevelopment division will host Henderson’s 17th Annual Economic Development and Small Business Awards from 6 to 9 p.m. Thursday, Nov. 10, at the Green Valley Ranch Resort, 2300 Paseo Verde Parkway. Cocktail hour will take place from 6 to 7 p.m., and dinner and the program will begin … [Read more...] about Henderson to Celebrate Economic Development, Small Businesses
Developers: New Projects Signal Improved Markets
As the welcome sights and sounds of industrial construction continue to pop up all around the Silver State, business decision makers agree that economic good times are coming back. With 200 million square feet of development sprinkled around the U.S., Europe and Canada, developers at Panattoni Development Company, Inc. are happy to have stuck with in Nevada for 17 … [Read more...] about Developers: New Projects Signal Improved Markets
Colliers International – Las Vegas Updates September 14, 2015
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Biomet West Inc. The approximately 5,000 square-foot industrial property is located in Arrowhead Commerce Center, Building 7 at 6295 S. Pearl St., Ste 600 in Las Vegas. Spencer Pinter, Dan Doherty SIOR, Susan Borst, CCIM, Chris Lane and Jerry Doty of Colliers International represented the … [Read more...] about Colliers International – Las Vegas Updates September 14, 2015
Colliers International – Las Vegas Updates July 17, 2015
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a sale to Core and Value Advisors LLC. The approximately 166,911-square-foot,10.09 acre industrial property is located in the Patrick-Mojave Industrial Portfolio at 2700-2710 Patrick Lane, 6035 and 6045 Harrison Drive, 6038 Topaz St., and 6255 and 6285 Mojave Road in Las Vegas. The transaction amount … [Read more...] about Colliers International – Las Vegas Updates July 17, 2015
Colliers International – Las Vegas Updates June 29, 2015
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a sale to Jahan Moslehi. The approximately 75,999-square-foot retail property is located in Sunrise City Plaza at 2797 S. Maryland Pkwy. in Las Vegas. The transaction amount was $6,750,000. Joseph Bonifatto of Colliers International represented the seller, MLCFC 2007-7 Maryland Parkway LLC. LAS … [Read more...] about Colliers International – Las Vegas Updates June 29, 2015
Trending in Henderson
From a company town to a city companies want to be in: Henderson has trended towards the feel of a hometown community while evolving to meet the needs of residents and businesses. In the 1930s, Henderson housed builders working on Boulder Dam. During World War II the Basic Magnesium Plant in Henderson processed magnesium. Those workers left after the war, but Henderson … [Read more...] about Trending in Henderson
If You Build It, Will They Come?
Construction Returns to Nevada’s Industrial Market Nevada’s industrial market, which was devastated by the recession, has now recovered to the point where developers have returned to the market with “spec” projects (those built in advance of a contract or buyer). Now that 2014 year-end numbers have been tallied and evaluated, commercial real estate experts agree that the … [Read more...] about If You Build It, Will They Come?