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REAL ESTATE 2020 LAS VEGAS PERSPECTIVE Real Estate
LAS VEGAS GLOBAL ECONOMIC ALLIANCE LAS VEGAS 2020 PERSPECTIVE REAL ESTATE 2020 LAS VEGAS PERSPECTIVE Real Estate Residential Real Estate Market 170 Residential Market Overview ................................................ 170 New Home Market ................................................................171 Resale Home Market ............................................................171 Home Sales and Pricing .......................................................171 Resale Home Closings by Type ............................................ 172 Home Sales Pricing Distribution .......................................... 172 Major Residential Developments .......................................... 173 High-Rise Condominiums and Timeshares .......................... 174 Home Sales Activity .............................................................176 Residential Building Permits ................................................ 178 Commercial Real Estate Market 179 Commercial Market Overview .............................................. 179 Industrial Market ..................................................................180 Office Market ........................................................................183 Retail Market ........................................................................185 Commercial Building Permits ............................................... 187 Vacant Land Market 188 Vacant Land Overview ..........................................................188 Vacant Land Transactions ....................................................188 -
Lasvegasadvisor May 2021 • Vol
ANTHONY CURTIS’ LasVegasAdvisor May 2021 • Vol. 38 • Issue 5 $5 THE PASS OPENS Spruced up casino hits downtown Henderson … pgs. 1, 4, 5, 16 VIRGIN TERRITORY What’s the new joint all about? … pgs. 2, 8, 9, 12, 13, 14, 16 VAX PROMOS Take the shot, get a lot … pg. 3 BUFFETS Are they coming back? … pg. 7 POOL SEASON Cool pools open everywhere … pg. 14 CASINOS Local (702) Toll Free 2021 MEMBER Aliante Casino+Hotel+Spa ...................692-7777 ...... 877-477-7627 Aria .......................................................590-7111 ...... 866-359-7757 Arizona Charlie’s Boulder .....................951-5800 ...... 800-362-4040 REWARDS Arizona Charlie’s Decatur .....................258-5200 ...... 800-342-2695 Bally’s ...................................................739-4111 ...... 877-603-4390 Bellagio .................................................693-7111 ...... 888-987-7111 DINING, INCLUDING Binion’s .................................................382-1600 ...... 800-937-6537 “LOCAL CORNER”, DRINKS, Boulder Station .....................................432-7777 ...... 800-683-7777 Caesars Palace.....................................731-7110 ...... 866-227-5938 ATTRACTIONS, AND California ..............................................385-1222 ...... 800-634-6505 Cannery ................................................507-5700 ...... 866-999-4899 GAMBLING Casino Royale (Best Western Plus) ......737-3500 ...... 800-854-7666 Circa .....................................................247-2258 ...... 833-247-2258 Circus Circus ........................................734-0410 -
Las Vegas Locals As Gamblers and Hosts to Visiting Friends and Family: Characteristics and Gaming Behavior
Las Vegas Locals as Gamblers and Hosts to Visiting Friends and Family: Characteristics and Gaming Behavior RachelS. Shinnar Cheri A. Young David. L. Corsun Abstract Local gamblers are an important market segment for casino marketers providing a reliable source of revenue during slow periods. This paper presents selected gaming behavior of local residents in the Las Vegas area, linking socio-demographic characteristics with gaming behavior. In addition, this article examines the relationships of Las Vegas area locals and their visiting friends and family members in two aspects. First, we identified the influence local residents have on visiting friends and family in terms of recommendations made regarding gambling in general and specific gaming locations. Second, this article describes how visiting friends and family influence local residents in terms of gaming behavior and additional spending. Key Words: Las Vegas, local gamblers, visiting friends and family, casino gambling Introduction The impact of local residents on casino revenue has long been recognized. In RachelS. Shinnar, Ph.D. Nevada, casinos pay considerable attention to this market segment. Some casinos even Appalachian State University Walker College of Business categorize themselves as locals' casinos and cater almost exclusively to this group, Department of Management offering customized promotions targeting local residents (Compton & Dancer, 2004). In ASU Box 32089 Boone, NC 28608-2089 the following, we provide a profile of Las Vegas area local gamblers and their gaming (828) 262-7314 behavior. Local gamblers are also important in relation to the visiting friends and shinnarrs@ appstate.edu relatives sector extensively studied in tourism. We examine the influence local gamblers Cheri A. -
10Th Annual Henderson Economic Development Awards Mary Kay Peck — City Manager for the City of Henderson Success Comes with Hard Work and Planning
the magazine for southern nevada commercial real estate JANUARY 2009 10th Annual Henderson NEW KID ON THE BLOCK Cashman Equipment Company, has moved to Henderson! EconomicA member of the southern Nevada community since 1931. EXCITING FACTS ABOUT OUR NEW 53 ACRE CAMPUS CASHMANDevelopment CAT - THE RENTAL STORE HAS MORE THAN FOUR TIMES THE EQUIPMENT STORAGE AREA, WHICH MEANS WITH SEVEN GREATER MACHINE VARIETY AND TIMES THE AVAILABILITY. COMPONENT Did you know 40% of the REBUILD construction materials used AREA, during construction came CASHMAN Awardsfrom the local region? IS READY TO Part of being a green HANDLE YOUR facility means being TOUGHEST a community- orientated facility. REPAIRS. Did you know the fast action shop doors minimize contaminants entering the service area? Part of being a green facility means being a healthy facility. CASHMAN’S sponsored by NEW POWER SOLUTIONS LOCATION FEATURES ENHANCED SERVICE BAYS AND LOCAL CHASSIS DYNO DIAGNOSTICS FOR ON-HIGHWAY TRUCKS, RECREATIONAL VEHICLES, AND BUSES. Did you know all seven of our buildings have ambient lighting? Part of being a sustainable facility means being an energy-efficient facility. 3300 St. Rose Parkway, Henderson, Nevada 89052 1.800.937.2326 www.cashmanequipment.com SUPPLEMENT TO IN BUSINESS LAS VEGAS Industrial Office Retail Now your business can communicate at a fantastic rate. Fast, effi cient, reliable Bundle business phone communications from and Internet Cox Business can help you for only accelerate your company’s success. And our special * offer puts your savings into 99 high gear. Switch to Cox $ per month and get your voice, data 79 and video communications working at a fantastic rate. -
2006 NBJ November
Vicky VanMeetren, CEO of the San Martín campus of St. Rose Dominican Hospitals COMMENTARY LYLE E. BRENNAN Publisher Doing Business in Nevada? www.nbj.com is Critical If you haven’t visited our website in the last month, now is the perfect time to log on. We have just finished a complete redesign of www.nbj.com. It’s easier to navigate and jam- packed with historical data, all in a format that can be easily searched. The website offers many opportunities to promote your business – many of them at no charge. s an online user and larger competitors by offering per- releases. While it is impossible to subscriber, you’ll have sonalized service and innovative publish all these news items in the A access to our free busi- products. Our other ranking system, magazine, we now have an online ness listings, allowing Nevada’s Choice, allows online outlet. Our paid subscribers can now you to post up-to-date information users to vote for the best in Nevada post their press releases on our web- about your company and show how business. We want to know, so we site at no charge. We at Nevada Busi- your business is different from the can pass that information on to you. ness Journal are especially pleased competition. Your posting automati- Nevada’s Choice will highlight to provide this service, as postings cally makes your organization eligi- the top vote-getters for each type of on www.nbj.com are searchable by ble for ranking in two ways: business: Best Bank, Best Private all search engines and can be ac- TopRank Nevada is a comprehen- Golf Course, Best Public Relations cessed by readers throughout the sive listing of Nevada companies Firm, etc. -
A Positioning Analysis of Locals Casinos in Las Vegas
A POSITIONING ANALYSIS OF LOCALS CASINOS IN LAS VEGAS Mike Ahlgren, William F. Harrah College of Hotel Administration, University of Nevada Las Vegas, 4505 Maryland Parkway, Las Vegas, Nevada 89154-6017 Seyhmus Baloglu, William F. Harrah College of Hotel Administration, University of Nevada Las Vegas, 4505 Maryland Parkway, Las Vegas, Nevada 89154-6017 ABSTRACT A company’s market position is the proposition that the brand offers to potential guests or customers. This proposition makes the case for booking a room, eating their food, or gambling on their machines and/or their tables. Furthermore, the market position encompasses the collection of attributes the hospitality company tenders for the purpose of meeting their guests’ or customers’ wants and needs [1]. In the hospitality industry, positioning has conceptually been investigated in the following major areas: destinations, stand-alone businesses such as hotels or tour operators, and theme parks [2]. Magnified by the current economic downturn and combined with challenges inherent in today’s increasingly competitive marketplace, long-term success in the hospitality industry is at least partially reliant upon how well companies are positioned with respect to their competitors [3] [2] [4]. A successful participant in the market should identify a segment that will reward a participant’s distinct offerings, which enable it to fulfill customer needs better than its competitors [3]. This investigation extends previous research on positioning to the ”locals” casino segment in the southern portion of the Las Vegas metropolitan area. With respect to the gaming industry, the “locals” market refers to local area residents who frequent legalized gambling establishments in contrast to “out of town” visitors who visit legalized gambling establishments [5]. -
Las Vegas Review-Journal
January 14, 2007 Copyright © Las Vegas Review-Journal Run of the millions Hubble Smith LAS VEGAS REVIEW-JOURNAL By HUBBLE SMITH REVIEW-JOURNAL It's a buyer's market in Las Vegas — unless you're looking at luxury homes. While the median price of an existing home has flattened for the past year and may even be poised for a decline, the high-end market is soaring . James Beasley of Sotheby's International Realty just picked up a $12 million listing for a penthouse unit at Turnberry Place, the four-tower luxury condominium complex on Paradise Road. It's priced at about $2,000 a square foot, or twice the starting prices at Trump International Tower. "I don't think people grasp that for these premier high-rise units, people are willing to pay Manhattan prices," Beasley said. The luxury home market has had strong and consistent results, with prices climbing and sales steady, Beasley said in his third-quarter market report. There were 70 transactions at $1.5 million or more totaling $160 million in sales volume, up from $151.9 million the previous quarter. His brokerage recorded the highest sale of the year in September at $8.5 million. "In this last year, we have seen the market shift into a healthier and more stable market, a market that is yielding more consistent home values adjusting from the boom in prices during 2004," Beasley said. "Since the growth fundamentals have not shifted and population growth continues in Las Vegas, our company is bullish on the future outlook of our market." He sees Mountain's Edge in southwest Las Vegas Valley and Lake Las Vegas in east Henderson as key growth areas. -
Casino/Resort Capabilities
Branding • Creative • Media Services • Digital & Web • Outdoor • Radio & TV Production • Direct Mail Casino/Resort Capabilities September 2017 n 3136 East Russell Road, Las Vegas Nevada n 702 382 9610 n gearycompany.com Las Vegas-based • Established 1969 n More Than 48 Years of Results The Geary Company has been creating, placing and directing advertising campaigns in Las Vegas since 1969. What started as a mom and pop agency (literally) specializing in entertainment has grown to a full-service agency, adding retail, gaming, law, medical and many other categories to their client list. And though that client list has included some of the world’s biggest stars, from the King of Rock and Roll (Elvis was our very first client) to the Chairman of the Board, ol’ Blue Eyes, himself, the Geary Company is still known for its family feel and personal touch. The Geary Company’s first client. Page 2 n Copyright 2018 RW Geary Company n gearycompany.com n Casino & Resort Experience GAMING CASINO • HOTEL CASINO • HOTEL CASINO • HOTEL Original FULL HOUSE RESORTS A DENVER TECH CENTER HUNTINGTON BEACH MISSION BAY TAMAYA MANCHESTER LAKE LAS VEGAS FULL HOUSE RESORTS B FULL HOUSE Page 3 n Copyright 2018 RW Geary Company n gearycompany.com RESORTS A GAMING COMPANY C n Casino & Resort Experience (Continued) Page 4 n Copyright 2018 RW Geary Company n gearycompany.com What our clients say about us... They provided thoughtful insight, identified new opportunities, “Great values. Utmost integrity. leveraged partnerships to help increase exposure for our resort – and most importantly, helped us maximize each penny of our A commitment to customer working budget as if it were their own.” service.” Kurt Wuebbenhorst, Vice President of Sales John Sheldon, CMO The Cosmopolitan of Las Vegas, Las Vegas, NV Full House Resorts, Inc. -
Exterior Wall Panel Construction
EXTERIOR WALL PANEL CONSTRUCTION KHS&S CONTRACTORS WE DON’T JUST BUILD. WE INVENT. WORLD MARKET CENTER, BUILDINGS A & B LAS VEGAS, NEVADA 2.9M SF OF PREFABRICATED EXTERIOR WALL PANELS KHS&S is one of the leading interior / exterior design-assist building companies in the world. Founded in 1984, we’ve built our business on the cornerstone of one key philosophy – achieving excellence in everything we do. From its foundation as one of the largest specialty wall and ceiling contractors in the United States, KHS&S has developed a full range of services and companies that focus on the whole project. From using technology to bring building teams together to create virtual project modeling to combining art and construction to create spectacular finishes and themed environments, KHS&S is setting the standard for innovative and leading-edge building practices around the globe. KHS&S has an award-winning portfolio of more than 2,500 commercial projects located across the world. These projects include major resorts, gaming and entertainment centers, theme parks, commercial office buildings, hospitals, airports, convention centers and government facilities. Today, through a network of more than 15 offices strategically located in construction hubs around the world, we offer a full spectrum of preconstruction and construction services to the international marketplace. Due to our broad range of services and resources, KHS&S can enter a project at any stage, whether it be for consultation, virtual project delivery, targeted design assistance, value engineering, custom finish creation or specialty construction services. Regardless of our scope of work, our mission is to help you deliver the best project, on schedule and with exceptional value. -
Image and Perception of the Top Five American Tourist Cities As Represented by Snow Globes Caitlin Malloy
University of Arkansas, Fayetteville ScholarWorks@UARK Architecture Undergraduate Honors Theses Architecture 5-2017 Image and Perception of the Top Five American Tourist Cities as Represented by Snow Globes Caitlin Malloy Follow this and additional works at: http://scholarworks.uark.edu/archuht Part of the American Popular Culture Commons, Architectural History and Criticism Commons, Marketing Commons, Other Architecture Commons, and the Tourism and Travel Commons Recommended Citation Malloy, Caitlin, "Image and Perception of the Top Five American Tourist Cities as Represented by Snow Globes" (2017). Architecture Undergraduate Honors Theses. 19. http://scholarworks.uark.edu/archuht/19 This Thesis is brought to you for free and open access by the Architecture at ScholarWorks@UARK. It has been accepted for inclusion in Architecture Undergraduate Honors Theses by an authorized administrator of ScholarWorks@UARK. For more information, please contact [email protected], [email protected]. IMAGE AND PERCEPTION OF THE TOP FIVE AMERICAN TOURIST CITIES AS REPRESENTED BY SNOW GLOBES A thesis submitted in partial fulfillment of the requirements of the Honors Program of the Department of Architecture in the School of Architecture + Design Caitlin Lee Malloy May 2017 University of Arkansas at Fayetteville Professor Frank Jacobus Thesis Director Professor Windy Gay Doctor Ethel Goodstein-Murphree Committee Member Committee Member ACKNOWLEDGEMENTS I am so grateful for my time at the Fay Jones School of Architecture + Design – during the past five years, I have had the opportunity to work with the best faculty and have learned so much. My thesis committee in particular has been so supportive of my academic endeavors. My deepest appreciation for my committee chair, Frank Jacobus. -
Overlooking the Pool's Lagoon Are the Turnberry Towers. LIVING the GOOD LIFE High-Rises Reach New Heights in Luxury
Overlooking the pool's lagoon are the Turnberry Towers. LIVING THE GOOD LIFE High-Rises Reach New Heights in Luxury Ask any realtor which property to purchase, and they’ll say it comes down to three things: location, location, location. However, the new luxury high rises popping up around the valley have added a twist to that age-old adage. Now, it’s not just about location, it’s also about lifestyle, lifestyle, lifestyle. BY CINDI R. MACIOLEK wenty-four hour valet and concierge. On-site security. “I’ll never go back to a single-family home in Las Vegas,” Fitness room. Swimming pool and barbeque area. said Bruce Hiatt, president of Luxury Realty Group, Inc., and T And, depending on the property, you might have a resident of SKY Las Vegas. “In high rises, the homeowners wine cellar, spa, card room, billiard room or private meeting association is constantly looking at ways to improve or rooms. Returning from a long trip? Just call ahead, and your increase services, not trying to cut back. Your expectations refrigerator will be stocked when you get home. Oh, and are higher, but they’re being delivered.” don’t forget about the fabulous views. These amenities are It’s not just the residents who enjoy the atmosphere of no longer limited to tourists at five-star hotels on the Strip. luxury high rises. Employees like it as well. “Everything we Homeowners are enjoying the good life every day. stand for and everything we do is all for our residents,” said Those of you who come from parts of the country where Sydney Young, assistant general manager at One Queensridge high-rise living is quite common, like New York, Miami or Place. -
Redevelopment Agency : 2007 Annual Report : City of Las Vegas
RRRE::: DevelopmentDevelopmentEE redevelopment agency : 2007 annual report : city of las vegas Redevelopment Agency Annual Report : 2007 Fiscal Year : 1 Downtown Las Vegas “continues its successful march toward a revitalized urban core. –– Las Vegas Mayor Oscar B. Goodman ” Redevelopment Agency Annual Report : 2007 Fiscal Year : 1 Phase III of world market center Redevelopment Agency Annual Report : 2007 Fiscal Year : 2 Re:thinking It’s about looking at Las Vegas in a different light. And overturning the conventional wisdom about building downtown. Developers are seizing the opportunities presented in the city’s urban core — and making a $24 billion investment in our revitalization. For downtown Las Vegas, 2007 was a year of changes and • Helped builders with numerous downtown residential growth. High-rise residential developments now dot the developments. Currently, a combined total of at least skyline. New restaurants, cocktail lounges and hotspots 15,500 residential units are under construction or have opened their doors. An entertainment district has planned. been transformed. • Completed a major $5.5 million streetscape project in In short, the city’s urban core continues to witness a downtown’s new entertainment district, Fremont East. remarkable revitalization. It’s all part of an ongoing urban Improvements were made to the three-block area between renaissance that’s helping to return downtown Las Vegas to Las Vegas Boulevard and Eighth Street. its glory days — only with a new, more modern twist. • Approved a $9.5 million construction contract for What was once a dream is now becoming a reality. And renovations to the Fifth Street School in April 2007.