Usioessfj"""F1' -"""'''''''''''''''''''''''''''''..Nevada's Only State-Wide Business Magazine

SEPTEMBER 1986 eva a FIVEDOLLARS • USIOeSSfJ"""f1' -"""'''''''''''''''''''''''''''''..Nevada's Only State-wide Business Magazine

Birth Of The Business Park Anew animal on the office space scene Carson City Office Space Renovation making It's mark Nevada Skylines More than six pages of Northern Nevada's most outstanding office buildings and Industrial parks,

Liberty Center Office Building Ted Stoever Irighll, president of Real Properties Ltd., and hiS commercial property man· aser Glenn Fleming, pose in front of the liberty Center Office Building in downtown Reno . Real Properties Ltd. manages the building and is the exclusive leasing agent. Festival Specialty Center Flamingo at Decatur

The most prestigious and fashionable specialty cente r is now being developed in this high-traffic location for occu pancy in Fall '86. The lavish land ­ scaping, glass block columns. covered walkways. atrium-window store fronts, an attractive reader board, and individually sprinkled shops will make this exciting project the retail showplace in the west end of town. This uniquely designed specialty center complements the Festival Professional Park and will be part of a spectacular six-acre, 65,000 sq. ft. development. You are invited to join these fine specialty sho ps at the "Address for Success! "

• Marie Callender Restaurant • Atlan tic Seafood Gourmet Sho p . 7 Eleven • D'Lites of Amer ica • Supercuts Developed and Constructed By Investment Equity Development Corp.

Architect: Kittrell & Garlock For Leasing Inf ormation Contact Investment Equity at 877·9555 Nevada

Business.- """...._~ - , - ..·..·,

EDITOR & PUBLISHER The Henry C. Holcomb ASSOCIATE PUBLISHER Jack Dyer

BUSINESS MANAGER Silver Myra E. Holcomb

MANAGING EDITOR Leslie usee ASSOCIATE EDITOR Dome Donna Maxwell CONTRIBUTING EDITORS Lauren Belaustegul Joanne Eshow-Farett o Shelley Luna-Weaver university system sity of Nevada System, would conduct Sue Parkhurst research on ways used by early man to Ju lie Penn Seeks Funds adapt to desert life, and on the effects LInn Bras her Thome of salinity, extre me temperatures, Carol Voge l he University of Nevada water stress and other facto rs on plant System is in the running for growt h. ART DIRECTOR $3 million in National Sci­ The department of chemistry at Da...id Goldberg ence Foundation funds that UNR would get $992,000 of the ART ASSOCIATE wouTld help finance research aimed at money for studies of metal ato ms that Jim Michaels helping the state realize industrial and could help transform simpler mole­ cultura l expa nsion goals. cules, such as those that make up gas­ If the money is granted later this oline, into high-benefit products such CIRCULATI ON DIRECTOR summer, the University System will as pharmaceuticals, at low cost. Other Pamela K. Orr then ask the 1987 Legislature for $3 applications for these new chemicals CIRCULATION ASSISTANT million in matching funds that would include high-energy materials such as Terry J. Brown be allocated over the next five years. explosives, pro pellants and rocket COLOR SEPARATIONS And nearly $3 million more would be fuels. Southwest Color Graphics needed for direct and indirect costs of The balance of the grant money 3871 S. Valley Blvd.• Suite 21 the project. would go to the UN-Las Vegas physics Las Vegas, NV 89103 There are some interesting aspects department for further development ADVERTISING OFFICES of the research for Nevada's business of the department's laser-based reo Nort hern Nevada communi ty and farmers because the search. Jack Dyer research deals in part with ways of ad­ University Regents Chairman Dan 3008 Baker Drive justing to the state's arid climate . Klalch says a key goal is to build Carson City, NV 89701 For example, the depart ment of bio­ stronger programs in the basic sciences (702) 883·5611 chemisty at UN-Reno would get "that will help Nevada attract techno­ Southern Nevad. $600,000 of the $3-million grant for logical industries, stimulate en­ Chuck Dandy studies that would include an effort to trepreneurial activities, and generate 1641 E. Sunset ae., Suite B-117 develop strains of an important Neva­ increased employment opportunities Las Vegas. NV 89119 da cash crop, alfalfa, that are more re­ for Nevadans." (702) 361-1085 sistant to drought and saline condi­ NEVADA BUSINESS Journal is published tions. monthly at 1641 E. Sunset Rd.. Suite The Biological Sciences Center and Bankers Laud B-117. Las Vegas. NV 89119. suoscnctcn the Social Sciences Center at the De­ rates: $27.00 per year. Applicalion to mail State Universities at conncueo Circulation Hates pending at sert Research Institute wou ld get near­ Las Vegas. NV and additional post ctuc es. ly $1 million for research aimed at im­ The Nevada Ban kers Association Postmaster: Send address changes to proving the unde rstanding of desert has commended the University of Ne­ NEVADABU$INESSJournal, 164' E. Sun­ enviro nments. vada System's two universities for set Rd.. Suite B-l17. Las Vegas. NV 89119. The DRI, a division of the Univer- (Com in ll.ed on page JJ)

THE NEVADA BUSINESS JOURNAUSeplember 1986 3 Contents VOLUME 1 • NO 6 FEATURES NEVADA BRIEFS

OHlce& 12 Travel Industrial Space Guide seminar tells how to cope with ter­ Part II. Northern Nevada rcnsm. 12 Mining Denver compa ny seeks gold in Sil· 25 Directory & Maps ver State , The most complete directory of Northern Nevada office and in­ 12 Canventlans dustrial space ever published , accompanied by severa l maps for Las Vegas, Reno ready for the busy easy reference . season. 12 Rellglan Businessmen put God in the ctnce . 28 & 29 SkYlines 14 Regulations 32 & 33 Miniature profiles of more than two dozen of New FAA·required in-flight medical 3& & 37 Northern Nevada 's most prestigious business addresses. kits leaves manufacturer behind. 15 ACquisitions Digital of Las Vegas purchases 6 NNDA: Taming. Not Restraining Growth Telephone Systems of Nevada . Some people in Northern Nevada think " growth" is a four-letter 15 Automotive word. but NNDA aims to make the best of it. las Vegas Ford dealer eyes import market. 8 sunny Skies Over Reno's ORlce Market 18 Aviation Large new projects are in the works, wh ich could mean foul Reno airport unveils e~pa ns iOn weather for older properties. plans. 18 Communications 20 The Sleeping Giant Stirs In Carson City cemet proposes lower rural rates. New buildings aren't totally chang ing the face of the Carson Valley. Many professionals are opti ng for restoration.

58 Birth Of The Business Park Office and indust rial parks have become almost indistinguishable. The popular new hybrids are dubbed " business parks."

SO New Kid on The Block A brief look at some new faces in town and some net-so-new faces who are spo rting classy new addresses.

S6 In Ouest Of Project Approval City and county board s must oversee the area 's burgeoning de­ velopm ent- but do they go too far?

DEPARTMENTS

5 Sliver Dome THE COVER:Real Properties Ltd. 10 welcome TO Nevada President Ted Stoever poses with II Small Business Of The Month Commerc ial Property Manager Glenn 24 Editorial Fleming in front of the Liberty Center S4 Executive Suite Office Building.

4 THE NEVADA BUSINESS JOURNA L/September 1986 Image Efficiency Serenity The Ultimate office environment

Greystone was designed to work. And it has . In arch itec­ ture, landscaping, engineering, and total environment, Greys/one is designed to enhance your work and your corporate image. Greystone. The most sought-after business address in Las Vegas. Join such presti­ gious companies as Digital Equipment, Eastman Kodak, HiI· ton Hotels, Transamerica lns ., New York Lile, Meredith Broad· c;Js tinglTV5, Citicorp, RaCiSoei Pierce Relsnes, Inc. and many others at Greys/one.

'..... - --

--I ©'y'i(}I. J/{-JlC, ~ MAR KBOROU GH NEV INC. 1900 East Flamingo Boac, e " 5 Las Vegas , Ne vada '! 9 (702) 731-3696 ______...... NNDA EFFORTS -I NNDA: Taming, Not Restraining Nevada Growth There are some in northern Nevada who think "growth" is a jour-letter word. But others, including NNDA, realize it's inevitable, and aim to make the best oj it. ______..... By Bob Belknap;;;;; ,.

rowth 'Is. No Growth. It cutive director for the Carson Valley Nevada Governor Richard Bryan, sounds like a heavyweight Chamber of Commerce. His infec­ " Nevada' s past is part of our present, title bout or at the very tious enthusiasm is shared by full­ and our pioneer heritage is still avail­ least the debate of the de­ time Administrative Assistant Valerie able to experience and enjoy. In Ne­ cadeC when it comes to the future of Lingelbach, who has served in that vada, a family can enjoy a quality of northern Nevada , particularly Carson position since August, 1985. The life second to none. We are working City, Douglas, Storey and Lyon authority also has a 21-member board hard to expand and diversify our eco­ counties which make up the service of directors which oversees the au­ nomy, ensure a quality of education area of the Northern Nevada Devel­ thority' s operations and finances. for our children, protect Nevada's opment Authority. If you want to Nevada has been recognized as one independent lifestyle, provide quality know on which side of this fence of the fastest growing states in Ameri­ and affordable health care and pro­ Gary Cook, NNDA executive direc­ ca. This year Nevada will welcome its vide for a comfortable and dignified tor , sits, he'll tell you without a mo­ one millionth resident. According to retirement... ment's hesitation." Since it is inevit­ able that people willcontinue to move to this area, our challenge in economic development and diversifi­ cation is to encourage clean, high. wage businesses to come to our area," he says. " This will ensure a high quality of life for future genera­ tions. We want to discourage low­ wage, not so clean businesses." Cook has served as the authority's executive director since September, 1985; previously' he served as the exe-

"Our successes will I continue to bring clean. high.wage industry to the area. I really think it goes beyond that however. I live in Nevada because of the quality of life offered here. " Gary Cook. executive direct or, Northern Nevada Development Autho rity

6 THE NEVADA BUSINESS JOURNAUSeptember 1986 NNDA feels there are two distinct kinds of Nevadans. One group says, " We don't need any more people clogging our streets!" The ot her, of which NNDA is part , believes that growth is inevitable, that quality growth is good, that Nevada's econo­ my should and must diversify and that Nevadans must be prepared for the futu re with solid criteria to identi­ fy the type and qua lity of industry they want. NNDA feels it is prepared to meet this challenge. Next to the nameplate on his desk, Cook has a second plate which pro­ claims:" Growth Spoken Here." Cook maint ains, "Growth is not a fou r-letter word." He notes tha t con­ servative growth estimates indicate -~-_ that in the next 14 years Douglas ... .- County and Carson City will welcome . , .- a comb ined total of some 40,000 new residents. Along with these new resi­ Last year NNDA tripled its membership, added two full-time employees dent s, some 16,000 new jo bs will be and established headquarters in the Landmark Plaza in Carson City. created. Cook feels that " with num­ bers like these, the only way we can ensure a high quality of life for the two, located in Douglas County, are growth might have on the future eco­ fut ure is to adopt policies to attract the Bently Nevada Corp. Science nomy of nort hern Nevada. When quality business now." Park and the Douglas County Air­ Governor Bryan took office in 1983, As an example of the impact which port area Tahoe Minden Air parks. a new emphas is was placed on econo­ could be made by quality business, Ca rson City has the MSBProperties mic growth and diversifica tion Cook offers the following exampl e: Carson City Airpark and Lyon Coun­ beyond gaming. "A two-wage-earner household that ty has the Comstock Enterprises op­ While NNDA revenues come mostly earns a com bined average wage of erations in Moundhouse and Dayton, from private memberships, match $14 per hour has ap proximatel y and Dayton has the Eldorado Lakes grant funding was made available with $2,000 per month spendable income. Planned Community. At completion, the formation of the Nevada Commis­ This budget can carry a monthly these five projects will represent a sion on Economic Development, house payment in the area of $600. combined total of over to million whose staff have offices in Carson Ci­ This equates to a residential value of square feet of facility space which will ty. Most areas of the state have devel­ aro und $60,000. The two-wage-earn­ be the space to accommodate 16,000 oped economic development autho r­ er household that has a combined to 18,000 new jobs. ities like NNDA. wage of 122 per hour has approxi­ Currently comg business In the vuring the I~nS :HS 6 fiscal year .....hich mately $3,000 month ly spendable in­ NNDA four-county service area are ended June 30, 1986, NNDA tripled come. This budget can afford a Nevada's two largest manu facturing its membership, added two fulJ..time monthly house payment in the area of emplo yers. The largest , Bentley Ne­ employees and established itself in of­ $900. This equates to a residence vada Corp., employing about 1,000 fices in MSB Properties' Landmark value of around $90,000. Consider the Nevadans, manufactu res internal Plaza located at the south end of Car­ difference these two examples have monitoring devices which measure vi­ son City. MSB prope rties is one of on our overall economy in the next bration in rotat ing equ ipment. Xebec Carson City's leading developers and fourteen years . The $14-per-hour Corp ., which employs about 800 Ne­ is assisting NNDA in creating a "pee­ average wage for the 16,000 jobs to vadans, manufactures comp uter-re­ sentation center" on the second floor be created will have a total impact of lated disk drive controllers. NNDA is of the building which "in sbowca.s.e $180 million. If these 16,000 new jobs actively seeking companies that are area projects and highlight other CCG­ have an average S22-per-hour wage, comp atible with existing Nevada in­ munity assets. The presentation ceaer the total impact to the overall eco­ dustry. Successful attraction of these will be unique in economic ~ nomy will be $270 million. This is a "supplier" businesses helps everyone ment in Nevada, and NNDA boees II considerable difference in the quality by reducing the cost of goods used will increase its economic de'\· ~ of life we and our children will and thereby increases profits. and diversification successes. enjoy." NNDA. a not-far-profit Nevada Coo k feels the tremendous gra--:tl The four-county NNDA service corporation, was formed in 1982 by a in memberships NNDA enio'!'ed ill area already has in place five major small group of Carson City business 1985 is a positive indication thllloca:J industrial park projects. The first people concerned about the impact (Con linu«1 _ ~ u

THE NEVADA BUSIN ESS JOURNALJSe p t ~ O€"" ;EE 1 Sunny Skies Over Reno's Office Market The forecast for Reno's commercial-space market is fair, but as developers plan large new projects, some see clouds on the horizon-and for older properties-drizzle.

8 THE NEVADA BUSINESS JOURNAUSeptember '986 f you ask people in Reno's office complexes. And if all the pro­ In Beagle's opinion, there is some­ office space business what jects come on line that are proposed, thing of a glut in Reno's office space the market for their pro­ there definitely will be more soften­ market. " I see a lot of ' for lease' duct looks like these days, ing." signs throughout the area," he says. you'llIhea r for the most part that it' s "That' s not to say that quality pro­ He says there is enough space avail­ health y. How healthy depends on in­ able so that " most tenants are sho p­ jects with aggressive management dividual perspective, what area of ping," but it' s not such a tenant's haven 't been very successful in filling town the space is in and whether market that leasing agents have to them ... but they have to be very com­ you're talking abo ut Class A space or give up six months to a year in free petitive and offer incentives." the less-than-first-class kind . refit to fill the space. Beagle sees the market as "reach­ " We' re very excited about the mar ­ Pinjuv estimates the area's vacancy ing an overbu ilt situation" and at the ket ," says Ted Stoever , president of rate at about 8 percent downtown, 10 point of becoming saturat ed. Real Propert ies Ltd . in Reno. percent around the air port and 15 to Glenn Fleming, commercial pro­ " There's a fair amount of product on 18 percent in suburban office space. perty manager for Real Properties the market, but it seems to be absorb­ Nationwide, the vacancy rate is esti­ Ltd ., says, " What I see right now is a ing quite well." mated at 20 percent. He cites average lot of wait-and-see attitudes with re­ Reno Board of Realtors President rental rates for the three areas at gard to tena nts in the Greate r Reno Larry Ponton agrees : " What I see out $1.30, $1.10, and $1.00-$1.05 ($1.35 area ... because we have a lot of there is that we have a good market. for Class A) per square foot, respec­ buildings. that could come on line. We have plent y of new businesses tively. " I see a lot of movement of tenants coming into the area that are taking One of the reasons for the lower from one bu ilding to another, based up the space. The downtow n area and vacan cy rate downtown is that it has a on price and what they can get," says the office space south of Meadowood built-in clientele of people who need Fleming. " There's office space avail­ Mall are do ing very well." to be there for one reason or an­ able, but I wouldn 't call it a glut. " Ponton says the onl y negative ele­ other- a central corps, Pinju v points Dale McKen zie, president of ment he sees in the picture is that out. McKenzie Construction Co., views some of the older buildings will pro­ Over the next few years, as much as the suburban market as one in which bab ly have to be refurbished and mo­ 500,000 square feet of Class A office supply is currently somewhat greater dernized to compete with the new of­ space will be added to the downtown than demand. But he believes demand fice space. " The new buildings are of­ market if two major high-rise pro­ is outpacing supply in the downtown fering a lot," he observes, "and jects are built as planned. The "if" is area. they're mounti ng very professional related to finan cing difficulties that Says Mckenzie. " I see the current marketing campaigns, They do their Valley Bank of Nevada Loan Officer projects being developed maki ng a homework and get the big tenants." Keith Beagle says have held up the big change if they ever get off the J ohn Pinjuv, office leasing agent grou ndbrea king on those develop­ ground . I do n't see a real glut, if for Real Properties Ltd. , sees the lo­ ments, as well as man y other s. there' s only one large office building cal mar ket as " still relatively healthy, Lending acti vity for office, in­ put downtown . .. . But if two or three compared to othe r areas across the dustrial and commercial projects is were to go in at one time, you would count ry . But · it has softened very strong, Beagle indicates, partly be talking abo ut a three-year supply somewhat in the last six months to a due to the lower interest rates . But be­ of space." year, with the openi ng of some new cause of the compe tition in the build­ The two proposed major down­ ing space market," it's getting harder town office projects would be built to make properties' debt service . . .. within one block of each other in the Typically, a property would have to city's emerging central business dis­ " If you look at the be attractive [very high quality] and trict. At this writing it app ears the inventory of space available in the lease situation would have to be 14-story building, named for its fu­ downtown office buildings, attractive as well. Lenders would in­ ture street add ress of 100 West Liber­ Reno doesn't have that much sist on seeing at least 50 percent pre­ ty, will be bu ilt first. leasing prior to lending." Preston Q. Hale Co ., a real estate to offer. So the success of Describing the market as " soft services firm , is coordinating all local selling Reno as a major with potentially attractive pockets activity for the project being built by regional off ice location throughout it," Beagle says, " A lot Robert Dant of Oregon. According to depends on whether or not you would depend on the location and Steve Bruckner, a senior partner with have the proj ect-the type of aggressiveness of management. Ob­ Preston Q . Hale, Dant is "a very ex­ viously, it' s good timing, due to lower perienced investo r-builder of projects space that corporate users are interest rates, so there are projects throughout the West Coast area" used to. That's the type of nearing completion or on the drawing who has owned the 100 West Liberty space we've committed board that have much pote ntia l. At site for man y years. to build. " the same time, they have to be very " We suggested to him the timing well located. The southwest/South was appropriate to develop the land Paul Curtis, project coordinator, Liberty into a high-rise office building, " says Center Virginia area is obviously doing well." (Continued on page J8)

THE NEVADA BUSINESS JOURNAUSeptember 1986 9 welcome TO Nevada

dealer in the area that carries the pro­ tamed to paying for education [of this sparks welcomes ducts. sort]." Allnco Electronics Corp. Gracey stocks 10 different kinds of Hallsays that she and Hunt realized tz-von power supplies, with ranges before they relocated that they would from five to 55 amps, four models of need to educate the public here of the hand-held, two-way radios, and two necessity to educate themselves different kinds of mobile radios. through seminars. Nevertheless. The radios range in price from business has been slower than an­ around $329 to S350, and accessories ticipated. start at $20. Gracey says he has Compounding the problem of S150,000 worth of inventory stocked weak interest in seminars themselves, in the warehouse at any given time. according to Hall, is Nevadans' ap­ Gracey reports that business has parent reservations regarding women been steady, with orders coming in as instructors. "That is moreso a equally fast from the West and east­ problem in Nevada than it was in ern areas of the country. Hawaii," says Hall. " And it has been Alinco Electronics Corp. was a problem in the industry for many founded in Japan in 1949. Gracey years. But corporations really going says the S8().million company is in the for the highest level of trainers are process of going public. getting over that." Hunt, president of the company, with a background in teaching, con­ Reno Welcomes ducts all the seminars. Hall, whose T1memasters Inc. strength is marketing, runs the ad­ ministrative end of the business, When Trinidad Hunt and Dana while Karen Olds functions as educa­ Hall moved their time management tion coordinator and sales director. firm from Honolulu, Hawaii to Reno Timemastera, founded eight years recently, they were going from a state ago, offers five different seminars, rife with competition for the seminar and can design new ones to meet speci­ dollar to one with a virtually wide­ fic needs. Two of the standard work ­ open market. But the business hasn't shops, " Strategy for Excellence" and Everett Gracey, president of AUn co Elec­ exactly been swamped. " TheStressEffect," are offered to the tronics In Sparks " Hawaii has tons of seminars," general public, while the other three says Timemasters Inc. Vice President are conducted for corporations in­ Hall. "very similar to the West house. When the Osaka, Japan-based Coast." But she likens the seminar One such workshop, "The People Alinco Electronics Corp. decided to business to the radio industry. Principle: Putting Others First," was make its move into the United States, " There is a lot of competition for the designed specifically for the casino in­ they left the site selection up to the education dollar, but little direct dustry. " It teaches employees how to man who would be running the distri­ competition in exactly what we teach. serve clients more effectively," says bution center here. Everett Gracey, Like in radio, you're competing with Hall. " It's a service seminar... . It's president of the U.S. subsidiary, all the other radio stations in town, for anyone from dealers on up to up­ chose the Reno-Sparks area-and for but you may be the only country­ per management." good reason. He simply liked the western station." This seminar has also proved popu­ area. " I used to live here," he says, Nevada, however, with little in the lar in Hawaii, where " as much as 60 "and I wanted to move back." way of business seminars, has also percent of all business is the tourist Gracey runs a 1,700-square-foot proved more than a little difficult to trade," says Hall. Hunt now travels warehouse facility at 44 Glen Carren sell on the idea. "In Nevada," says to Hawaii every two months or so to in Sparks. He and a staff of three dis­ Hall. " there has been very little com­ keep the business moving there. tribute the parent company's pro­ petition either way (either for the semi­ The most popular seminar offered ducts-two-way radios and acces­ nar dollar or in the specific topics of­ is the two-day, l6-hour leadership sories- to 85 dealers across the fered} . But because the industry is not training program "Strategy For Ex­ United States. Reno Radio is the only developed here, people are not accus- (Conrinutd on part IS)

10 THE NEVADA BUSINESS JOURNAUSeptember 1986 ....""'''''''''''''''''''''_SMALL BUSINESS OF TNE MONTH ....""'''''''''''''''''''''.... The Sliver Dame Rescued From (Continued/rom puge J)

Fina ncial their role in helping the state broaden and diversify its economy. slaught er The bankers' group praised UNR and UNLV for providing more techni­ cal assistance and more resources and Buddy Legarza kn ew his retail meal-cutting operation for providing their respective commu­ would be lOP choice if he could just get the necessary nities with "outstanding and civic­ financing. The NSBDC helped rope some reluctant bankers. minded academic representatives" who participa te in community and ======By Bob Gabrielli ======business activities. UNR Ne ws Bureau Manager Ted Wehking, executive vice presi­ Editor's Note; The Ne vada Small Business Development Center has initiated dent and secretary of the Nevada Q "Small Business of the M onth" program to give recognition (0 the impor­ Ban kers Association, says the resolu­ tant role ofsmall business in Nevada's economy. This month's winner was tio n points out the association's appre­ nominated by the staff ofNS BDC's Elko office. ciation for the university system 's ac­ complishments "in improving and ex­ '~y ou know what it was cutting meat for different wholesale panding business curricula and in serv­ like? I liken it to the and retail houses in Carson City and ing as a resource to Nevada ban ker and I getting in­ Reno and eventually came to manage businesses." to a rubber raft and a wholesale-retail house. By 1975, UN Regents Chairman Dan Klaich starting across the ocean. The weath er tho ugh, the allure of living in nor­ says both schoo ls have wor ked hard in was nice and the fishing was good. We thwest Nevada was fading for him. recent years to strengthen ties with the got halfway across the ocean and sud­ "Carson was growing so fast and business community. "Our mission is denly we hit a sto rm. Next thing you furious," he says. "I had a few head to serve as a partner to the state and its know, the fish turned into sha rks and of cattle on the side so we decided to people," he adds. the banker got a helicopter and left." move to the Saval Ranch up in North­ That's the analogy that Joseph fork." " Buddy" Legarza uses to describe the He ended up managing the ranch Home Owners beginning of a two-year scramble to until it was sold in 1977. At that point locate and secure refinancing for his he and his family, which Included son Sou r On Interest Elko retail slaughterhouse. Along the Jon and daughte r Shawna, relocated Rate Increases way, he met with bank rejections, to Lamoille, 20 miles south of Elko , learned about the vagaries of construe­ and Legarza went back to cutting meat The state Financial Institutions Divi­ tion loans and take-out financing and at the Elko Safeway. In 1979, he also sion is investigating complai nts filed was introduced to a flesh-and blood began cutting meat on the side. by Nevada ho me owners or buyers be­ "guardian angel." " I was leasing the ranch in La­ cause of the alleged failure of some 11 w as more than the Winnemucca moille. My neighbors knew th at I had mortgage companies to meet terms of native had bargained for when he first done everything in the meat-cutting financing or refinancing agreements. dreamed about owning his own plant. field. Th ey used to call me and ask me But mortgage company representa­ The seed was planted as a youth, when to slaughte r beef for them. We put up tives say they can't ta ke the blame for Legarza spent his summers on a ranch a little Qu onset hut on the building, financing prob lems in the flooded in Wadsworth. His father, John Joe brought in a reefer part of a truck as a home loan market. They contend the Legarza , ran a grocery store in North­ cooler, scro unged some other equip­ basic problem is a heavy influx of loan fork near Winnemucca and cut meat ment and started M Bench Meats." applications that followed a drop in on the side. His son soon learned the The side business thrived. So did his interest rates from 12 percent- fa per­ trade. job. By 1982, Legarza was the meat cent to 9 percent- IO percent. " I knew the sheep and cattle busi­ manager at Safeway. That, however, Th e problem most often cited by ness from the live end," says Legarza . had some mixed blessings. A manage­ consumers is the alleged failure of " I've always had an interest in meat ment position with a large corporation mortgage co mpanies to preserve cutting. I figured that I would like to meant a transferable employee. Leger­ "lock-in" agreements which guaran­ get into a trade like this." za was expected to co ntinue climbing tee certain interest rates for about 60 In 1966, Legarza and Phyllis, his the corporate ladder in the supermar­ days. wife of three years, moved to the ket chain. That meant relocation to But Greg Franks of Fleet Reno-Sparks area where he began CUl­ Salt Lake City or Portland. Trouble Mortgage's Reno office notes [hat it ting meat for Blue Ribbon Meats. For was, he didn't want to move. used to take 30 to 45 days to process the next ten years , Legarza continued (COlllinued on poge 16) (COlltinued on pate 4})

THE NEVADA BUSINESS JOURNAUSepl ember 1986 11 Nevada Briefs

class section would then have to be started up last October, yielded 5,500 Travelers' Tips moved, probably at gunpo int, to ounces of gold the first quarter of this another part of the plane, making year from its open pit heap leach mine. TO Avoid Terrorism them conspicuous. Silver State leases the Tonkin Springs Businessmen should dress casuallv project area from Denver' s Precam­ While vacationers can pick and to fit in with other passengers, and brian Exploration. choose where they will spend their Watkins added that travelers should Silver State's common stock trades holidays, businessmen can't always try to obtain window seats to be far­ over the counter and is quoted on pick the most convenient place to do thest away from the reach of hijackers NASDAQ's National Market System. business. walking down the aisleway. So as tourists stay a..... ay from the Finally, Watkins advised those who world's trouble spots- Western find themselves involved in a hijacking convention Europe, the Middle East and Latin to stay calm and obey the attackers. America-American businesses con­ " But don't confess if you're ac­ Season Fires up tinue to send employees into these cused of being with the CIA," he said. areas. And although experts in the "If you' re being abused to say you're About 130,000 people will be flock­ field of terrorism say the threat of with the CIA, don't confess. Hang in ing to Las Vegas and Reno for con­ such an action is net significant, more there. Remember that whatever ventions and trade shows this month, businesses are training their employees they're doing to torture you will be according to the cities' convention ..... ho travel in safety measures against worse if you do confess." aut horities. terrorist events. Las Vegas hotels will host 42 con­ One of the best protections is being ventions and trade shows .....ith 72,975 aware of what factions exist in the Denver corp. visitors expected, compared to last areas visited and knowing that many Seeks Nevada Cold September' s 62,272 visitors. Late fall terrorist groups commemorate special through early spring are the peak anniversaries with terrorist actions. Denver-based Silver State Mining times in Las Vegas for convention Claude Watkins, director of the Hos­ Corp. is banking on finding gold, not and trade-show activity. Last year, tage Survival Program for the Pro­ silver, in the silver state of Nevada. the most conventions and trade shows gressive International Advisory The company, whose main interests occurred in January with 188,106 Group, gave Las Vegas businessmen are currently in a gold project in Ton­ people visiting. and security officers some dos and kin Springs in central Eureka County, The Reno-Sparks Convention and don'ts for traveling safety. is scouting 18,(0) acres in .....estern Visitors Authority expects II conven­ Watkins first warned travelers to White Pine County for another gold tions and three trade shows this frequent as fe..... airports as possible by mine. Silver State Mining Corp. has month. About 15,(0) to 20,000 people booking direct flights. Once on the leased the adjacent properties from are expected to attend the II conven­ plane, they should remain as inconspl­ several different owners ..... ith an op­ tions while up to 38,000 visitors are ex­ cucus as possible. tion to buy one of the properties. pected to take part in the three sche­ Businessmen who have any connec­ " That happens to be where the geo­ duled trade shows. tion with the U.S. government, or ..... ho logy looks good to us,It Diane Gladys, might be involved in a business that director of investor relations for Silver sounds as if it might be a government State, says, explaining why the com­ Businessmen Bring agency, should refrain from volunteer­ pany is focusing on Nevada. Relig ion TO Work ing that information to other passen­ The White Pine County project, if gers. Watkins said one might go as far studies show. the area to be a good. While some might think religion as printing up false business cards risk, will begin production in 1987. Sil­ and business mix as .....ell as oil and stating one is the owner or employee ver State initiated its interest in the water, many Nevada businessmen are of some innocent-sounding business. area in late spring and finalized its using their net..... ork capabilities to Any material or membership cards leasing contracts this summer. bring others to Christianity. that would "conflict with the image of Silver State has been a public com­ There are at least seven chapters of being a tourist" should be removed pany since 1980. The company to date religious organizations in the state from .....allets and purses. Government­ has undertaken tWOprojects in Color­ that focus primarily on businessmen. al papers or documents should be sent ado. Only the Tonkin Springs project, More than 100 businessmen statewide ahead. the company's third, and the White are members. Businessmen should avoid flying Pine County project are fully func­ "There are a lot of businessmen in first class because, in the event of a tional. The company's first project, a town who won't go to church," Bill hijacking, the hijackers are likely to silver mine in Colorado, is currently Roush, president of the Christian Bus­ use the first-class section as a head­ on hold because of low market prices. iness Men's Committee in Las Vegas, quarters. Those sitting in the first- The Tonkin Springs project, w hich ( Con ljn ll ~ on fJillr 14)

12 TH E NEVADABUSINESS JOURNA USeptember 1966

market an FAA-approved medical kit. The FAA-approved kits include Nevada CMMS had previously developed a four non-narcotic medicines-for use medical kit for a regional air carrier, in case of heart attacks, allergic reac­ Briefs Key Air. tions, asthma attacks and diabetic (Conlilllledjrom page /1) CMMS halted its marketing plans emergencies-a blood pressure gauge, just before manufacturing began be­ a stethoscope and oral airways. cause high product liability insurance Nola n says airline crews may not says. "They might listen to another premiums made the project economi­ use the kits. Only doctors, nurses and businessman rat her than a minister." cally unfeasible. Nolan says his com­ emergency medical technicians may John Co llen. a life insurance agent pany had to refer eight airlines that use the supplies. However, he says, and a CBMe member in Reno, says he had committed with CMMS to buy its some airlines stipulate th at only doc­ helped start the Reno chapter about medical kits to another manufacturer. tor s may administer the medications. two years ago. " I look at the busi nessmen in this city and the pressures they're un­ der-they seem to be on a treadmill," Collett says. " The y need to be slowed down and be aware of a creator." SEE THE Meetings, usually held before or af­ ter business hours. ar e a time of testi­ mon y. Ed Golembiewski, vice presi­ LATE, LATE SHOW den t of the Greater Las Vegas Chap­ ter of the Full Gospel Business Men's It's 3 a.m. The movie's over, You suddenly remember that Fello wship Intern a tio nal, says lOUstill need those reports copied for a i a.m. meet ing. speakers talk about how God and Don't pan ic - just go to Kinko·s. We open 2-1 hours . i days a Jesus Christ affected their own week. business experience. Golembiewski says th e organization 's international 24 Caliternia Ave kinko's' 60 E. 9t h 51. membersh ip of about 1,500 welcomes 322·5277 Open 24 hours. 329·4535 everyone from business professionals to blue-collar workers. And although the meeting are geared towards men, women are also Nevada welcome to attend meetings. However, Golembiewski says women are more Business " '- ,"'- - -.. ----- likely to atte nd churc h. ADVERTISING OFFICES Sout hern Ne't.da Northern Nevada Chuck Dandy Jack Dyer Medical Kits Fly (702) 361-1085 (702) 883·5611 From Nevada Firm For the past five years, a group of Meadow Wood Office Plaza physicians and medical association members have been lobbying the Is Pleased To Welcome Federal Aviation Adm inistration to re- These Fine Tenants quire medical kits on major airlines. This year, the group finally succeed­ Great Western Leasing ed, and last mont h the FAA began en­ forcing its new ruling that airlines car­ Allstat e Insurance Company rying more tha n 30 passengers must also carry an FAA- approved medical Beneficial Life supplies kit. The catch is that many of the items in the kit- medications, a Southland Corporation scalpel, etc.- can only be used by a doctor. GMAC But Dennis Nolan, owner-adminis­ Additional Space Available Contact: Michael Woodhead trator of Las Vegas-based Consolida t­ ed Medical Management Systems, says the kit has the potential to save lives. ~ CMMS, a medical consu lting firm, as- sisted the FAA in determining what DUFFEL FINANCIAL AND CONSTRUCTION COMPANY items should be included in the re- 5270 Neil Road, Suite #111 702·825-5290 quired kit and last spring planned to Reno, Nevada 89502

14 THE NEVADA BUSIN ESS JOURNAUSepte mber 1986 panies includes Humana Hospital Gaudin Ford. a Las Vegas business Telephone Sunrise, UNLV and the Lad y Luck since 1955, has jus t recently completed Hotel and Casino. a deal to purc hase Atlas Motors of Las Intercon ned The company sells and services most Vegas. Gaudin Ford too k over opera­ of the major manufacturers including tions of the dealers hip, which sells Makes Purchase Northcom, Omega . Toshiba. ITT. Audi t, volkswagens and Porscbes, TIE Communications and Seimens immediately. The Atlas Motors opera­ In one of its first major moves since Northe rn Telecom. tion in Las Vegas has been renamed becoming a publicly traded corpora­ Gaudin Imports. tion. Digitel of Las Vegas has an­ "Las Vegas is a tough market for nounced it has purchased Telephone Ford Dealer car dealerships." Gary Ackerman, Systems of Nevada . general manager of both Gaudin Ford The acquisition adds 130 customers Expands TO Imports and Gaudin Imports. says. " It's a very to Digitel, includ ing The Ribeiro small big city. It' s a city that demands Corp.• Renai ssance Center and the AI ALas Vegas car dealership is ex­ service." panding its sights into the foreign auto Phillips cha in of dry cleaning sto res. (Continued on pat r JIJ) Danny Leavitt , former owner ofTele­ mar ket. phone System s of Nevada. has joined th e sta ff of Digitel and will continue to work with many of the customers ~~~,!lU (PA L) of his former company. ""''''''''''''''''~ In a prepared statement, Colin '!!!!!'!!!.... Com plete Secretarial Service Henry, vice president and general manager, states. "In a co mpetitive business such as ours. we have always • Corporate Packages • Resident Agent had th e highest regard fo r the way • Word Processing and • Notary Public Telephone Systems of Nevada o per­ Typing [All phases) • Temporary Services! ated. To have Danny Leavitt join us • Tape Transcription Employment is a testimony to thi s respect." • Resumes • Mail Service Digitel sells, services. installs and maintains systems for hundreds of 311 S. Roop S t.. Canon City, NY 89701 businesses locally. Its roster of com- 1102) aU·1646_(Hours ) 8:00 ·5:00 OlI

Avoid Memory LOSS.

Off-site storage of Backup Computer Data.

Valuable com puter tapes and di sks need a safe and secu re environment 10 protect them from theft or disasters. The Vault. Inc. can provide you r co mpany with a simple, low·cost canThe vault. Inc. vil al record prolection proor am tnat inclu des a ececet media tOda y: ...aun WIth co ntrolled humidity and tee cererure.walk-in vacns . 702/785·8408_ safe-deposit bo xes.or bulk stOfage units. soso • We also have a stale-of-the-art security system.the finest Halon fire crctecuen.con venient 24-hour acce ss. and a special ...MaI Corde ~ Reno, Nevada­89502 courier service.OH-srte stOfage at The Vault Inc,can also reduce your com pany's busi ness risk, ..- .,,-...La-­!!!!"l'

TH E NEVADA BUSINESS JOUANAUSeplember 1986 15 In 1982, the Legarzas decided the cows could be slaughtered and pro­ Business family could make a go of their own cessed here it would save a lot of retail slaughterhouse. Certainly the money for everybody. We wanted to Of The Month numbers were there. Legarza estimates create an alternative for ranchers." (COll ti n u td from pag~ III there are some 346.(xx) head of cattle Legarza quit his job at Safeway, in Eureka. Ely. Elka, Humboldt and purchased two acres of land in Elkc , Lander counties. When those herds and proceeded to [Urn his current cus­ " My kids were raised here and I were culled, Nevada ranchers had no rom-exempt plant-a meat-cutting op­ think the family comes first whereas choice but to ship their livestock to eration whose cuttings could not be reo some of those big companies tend to slaughterhouses out of state. The cost sold- into a full-fledged slaughter­ put the company first, " says the Neva­ of shipping one load of cattle to Cali­ house and retail store. Since all retail dan . " I was ha ppy here. If you 're hap­ fornia: SI,500. meat mu st be slaughtered in a USDA­ PY. why make a change'?" " My wife and I felt that if those inspected plant, Legarza's first hurdle was to have a building designed to meet thai agency's stan da rds. The blueprints were approved in 1984 and the agency set aside inspection num ber 1326 for use upon completion of the building. Now all that was left was to secure the finan cing. It was at th is time that Legarza and a local bank got into the proverbial fishing boat. Legarza too k out a con­ struction loan through a local bank and the Certified Development Co. o f Reno. Unfortunately, problems arose. No reserve funds were built into the loan. Thus when project costs exceed­ ed the initial loan, the bank balked at pro viding additional financing. Se­ cond. confusion arose over the take­ out financing. As it turned out. neither the CDC nor the bank were prepared to carry the 25-year mortgage note. With 90 percent of the building com ­ pleted, construction of M Bench Meats came to a grinding halt. "The next tWO years were sheer ...and look for overhead hell," says Legarza. " I went on a trea­ sure hunt . I went to Reno and made lines before you move your rig! some presentations but got nowhere. Several ranc hers expressed an interest in M Bench Meats but P hyllis and I CALL did n' t want to let an yone else in." But he could find no backers for his proposed business. 1-800-227-2600 " We were a high-risk situation be­ USA: Underground Service Alert cause o f our lack of collateral," he / says. " The building, the equip­ ment -e-we were looking at a package CENTEL NEVADAt:tBELL.. of SSOO.OCO with S240,OCO again st it." A P.cilic T_<:otnpany Augu st of 1985 found Legarza at a low point. He still had a gut feeling Sierra P a c ific that he could make M Bench Meats 1 G!iPi] ~ N E VAO l , ... COlTlpany work on his own, but he needed a ~we~ I~O M PA N Y a Sierra Pacific Resources company break . It came. "Valerie walked in," he says. " I would say that she's probably my 50UTHWEST r;A5 [ORPORATlon guardian angel." Val Easterly is the Nevada Small Business Development Center's senior • ana lyst in Elko. She had heard o f Le- 16 THE NEVADA BUSINESS JOURNAUSeptember 1986 garza's plight and dropped by to offer pete ....ith the local supermarkets in its brand new facility. Legarza esti­ her services. Legarza accepted the of­ producing quality beef at lower prices? mates that he will be slaughtering 100 fer. The NSBDC evaluated the pro­ In each instance, the numbers and ans­ cows a week in the very near future, ject . They first drew up a ma rket anal­ wers looked promising. with the capacity to double that as the ysis of the county. The study detailed Armed with that data, the NSBDC need arises. re-did Legarza's loan package and " w e're not out o f the smoke yet," mailed it o ff to the CDC in Reno. says Legarza . " We're going to be That company declined to reconsider feeding the shar ks for a while, but they When project the project. Ot her agencies w ere con­ will all be fed. We' ve got nowh ere to tacted. A lender from back East w as go but up." 0 costs exceeded the mentioned. All fell throu gh. Finally, the project was presented to the CDC initial loan, the office in Las Vegas. The CDC is a pri­ The Nevada Small Business Devel­ bank balked at vate company that screens applica­ opment Center is a business develop­ tions for a loan program ad ministered ment program funded rhrough a providing additional by the Small Business Administration. cooperative agreement between rhe After ta king a close loo k at the propo­ University of Nevada-Reno and rh e sal, the CDC decided to ta ke on 40 financing, U.S. Small Business A dministration. percent of the project. With ten per­ Ir is designed to provide all types of cent of the plant coming out of his managemenr assistancef ree ofcharge own pocket, Legarza needed to line up ro businesses statewide, rhrough of­ the nu mber of ranches in the area that one more partner. fices located at the UNR and UNLV "We took the pack age to an other would mo st likely use the local slaugh­ campuses and at rhe Nor thern terhouse. Since a part of Legarza's bank in Elko to get someone else in Nevada Community College in Elko. business would be wholesale and dis­ that boat," says Legarza. "They liked In addition, the NS BDC cooperates tributing, the NSBDC identified res­ it and thought it would work . We were with a variety of agencies and taurant outlets in Elko and the sur­ still a high-risk situation but since the organizations to provide services to rounding county. One- third of the SBA was on board , the bank agreed to Nevada's rural communities. business was retailin g directly to cus­ come in." tomers. Could ~ I Bench Meats com- Today, M Bench Meats is on-line in BusinessNews

Introducing CNB's Frank Modica

As executive vice president and COO of Showboat, Inc.,and president and CEOofAtlanticCity Showboat,Inc, Frank Modica knows business inside and out. As a member of our Board of Directors, Frank helps CNB understand and meet the needs of the Las Vegas business and professional community.He's a majorreasonwhy Continental National is the fastest gro....ing bank in Nevada. When it comes to business, Continental National is the bank to see for short-term working capital, funds for expansion and equipment, building and remodeling loans, and guaranteed SBA financing.

CNB In Renaissance CenlerlTropicana at:Eastern In the Fmancial Centertsahara at: SpanishOaks Soon to be in Renaissance Cenler wee Continental 798-8700 National Bank Member FDIC

THE NEVADA BUSINESS JOU RNAU Sepl ember 1986 17 Welcome "In Just over a year we've grown to num ber one in sales." to Nevada (Continuedfrom poge 10) More and more people in the Carson Valley are buying and sen­ ing with Century 21 , Clark Properties, Inc. The company that's cellence," at a cost of $350 a person. number one. Fees for other seminars vary, with one-day workshops running between 1t1 In Commercial Properti es $35 and $85 a person. Timemasters Century 21 1t1 In Industrial Propert ies usually conducts those that are open Clark Properties Inc. ---'-1t 1= In O=verall=S='----ales __ to the public at The Nugget in Reno, 1561 H w y 395 Minden, NV 89423 (702) 782-7111 while those for corporations are gen­ erally conducted in space provided by the corporation itself. The workshops can accommodate between 20 and 80 people. Currently, Timemasters conducts IF YOUR BUSINESS PROVIDES between 40 and 50 workshops a year, most in Hawaii. The company's more EMPLOYEE HEALTH BENEFITS, than 6,000 alumni include managers and executives from First Interstate THERE ARE MANY QUESTIONS••• Ban k, American Airlines, IBM, • Who makes sure )lour employees are gett ing American Express and all branches of the U.S. military. quality care? Hall says Timemasters uses the di­ • Who makes sure that hospital admissio ns are rect sales approach to market the necessary? seminars. " We find out the needs of a company and we design a program • Who Rrotects you from overcharges? for them, or they may fall into one of the well-established programs," she THERE IS ONLY ONE ANSWER- says. Curre ntly the firm is concentrating on developing a stronger foothold in the Reno-Carson City area, but hopes PROFESSIONAL PEERREVIEW INC. to eventually market itself to South­ "I~.~ ern Nevada and Southern California as well. . CALL (702) 826·1996 In the meantime, the firm keeps 4600 Kietzke Lane, Suite 108, Bldg.A 0 Reno, Nevada 89502 busy by doing community service, ac­ cording to Hall." We do a lot of pub­ lic speaking for non-profit groups and we also work with schools. We , , ~ I NCREASE YOUR have a fourth-to-eigth-grade program and we do a lot of work with high BOTTOM LINE! schools." 0 Why carry: extra overhead? Your employees' time could be spent elsewhere at more profit to you. Cont ract wit h us for special snort-ru n jobs Nevada Of for year-round prod uction needs. We'll do the job for you, Economically. Quickly. Just like Briefs we've been doing it for over 20 years. , ~?Z7"""· .d (Continued/ rom page 1$) :-/- . ~ " .~...-w-=x . WE DD: PACKAGING, MANUFACTURING & PRDDUCTION SERVICES FREE~rMATE •Pickup & delivery . Competitive Aates Ackerman says Atlas Motors, which • Quic k Turn Around. Outsta nding Quality has about 30 dealerships in the LET " FOR FOR NO OBUGA TlON Western United States and is based in IT •K YOU INFORMA TlON CALL: Long Beach, Calif., was unable to keep up with the city's demands. He VDCATIDNAL ASSESSMENT CENTER says one of the most significant BUREAU OF YOCATIONAl REHABIlITATION changes to be made in the operations 1050MAUU LANE. RENO , NY . 89502 789·0480 of the new dealership will be image.

18 THE NEVADA BUSINESS JOURNAUSeptembe r 1986 " This is a very difficult city to do companies. for measures that would allow the business in as absentee owners," Don " The decision to pass along the cost company to provide service at-cost Ackerman, president of Gaudin savings would be up to the long dis­ rather than artificially higher rates in Ford, says. " The primary change tance companies," says Don Innes. order to subsidize other Nevada tele­ we'll make will be in our promotional Cemel general regulatory manager. phone companies. efforts to get across to the community In addit ion to Mount Charleston Centel's access charge reduction that the dealership is local and caring . and Laughlin. the Southern Nevada proposal is designed to benefit about We'll have the type of services our Calling Area includes Searchlight, 20 long distance companies operating customers have come to expect." lathrop Wells, Pahrump, Sandy in Las Vegas. These companies pay to Gary Ackerman says other changes Valley, Indian Springs and Moapa use Cemel's local network in order will include the reopening of a body Valley. to transport their customers' long shop on the premises of the new deal­ Cemel in recent month s has been distance calls to other areas of the ership and changes in management . trying to hold down rates by pushing state. 0 Reno Airport Expansion Takes Off The Reno Cannon International Airport will undergo a major expan­ sion with the addition of more than 50 ~ new hangars, a flight school and a ... . .Irs charter service. r11- -"'.?:;-:· 111-:::'~--',..-::i:::, 1111 III" ,l i .....· ./ Truckee Meadows Aviation will , ·=;r-:iV!-:' . , I' i ' . " ~ ,." I pump $3 million into the expansion on the east side of the airport. A mainte­ '/{lrl!!lltaJity. Andall'!:Je r~ nance hangar, an office building and ' · , ~" p ""'ehf~ o r s ~nl ert alq~l 57 T-bangars will be constructed. An d'oeUVlllS • L1 v, additional four corporate hangers. I : !- !--= ~ . '-: Re ~ t a u ra n t e LotSnge . Ppol ...~~ large enough to house Lear Jets, might CllR~f ~ VbIHMENT ANDWEEKL.¥ .~.wAILABLE be included in future plans. Jim Federici, a Reno airport en­ sAflQUEf ANll MRrING FACl liTlEScfOR . GROUPS UP TO 400<, gineer, says a Highway 395 off-ramp ~C, ' O,") T/O.I Ot ClRl/.GAUISTAlKf'tilf;;;::.·...:..:,,-== =r.. and an on-ramp onto 395 from the p~''. 71l74~8;6~ (ht.i 07) OR 1·8 00.5 47 ·DI~ rOllllU . _ ' . -- ~ airport , geared towards servicing the c;e-- _.- "or __0------__ downtown area, are currently under 55 f . NUGGfT AVE ., SPARKS, NV· 89431 (1-80 & f . McCARRAN) construction. The Truckee Meadows Aviation Center, which leases its space from the Reno Airport ; is scheduled for com­ pletion next summer. Centel Proposes Lower Rates

Centel has proposed a S3.5-million an nual rate reduction for customers calling outlying communities and lower access charges for long distance Sundance Plaza companies using the company's net­ NOW LEASING work. Prim, Commerclll Spi el Savings to long distance companies Near New Main Post Qllice and McCanan Airport Reta il Shops Oelulle Ofllces OfliceIWar ehouses operating in Southern Nevada could B• • lc Rant Includl' result in lower rates for customers call­ • $1000 Improvement AllOwance • Private BathS ing other areas of the state. • i:luminaled Sign • Deluxe 10' x 10' Warehouse Doors The rate-cutting proposal, filed with • 3O

THE NEVADA BUSINESS JOUANALJSeptember 1986 19 ""''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''' CARSON CITY SPACE ""''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''..;I The Sleeping Giant Stirs In Carson City A growing business community has taken Carson City almost by surprise. But new buildings aren't totally changing the face of the valley- many professionals are opting for restoration.

""''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''' By Shelley Luna-Weaver ""'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''..

arson City's young business "Local lessors who try to get Reno himself with a high vacancy factor. community is stretching its rat es, which would be $1.30 per square Man y Carson City lessors have to limbs and starti ng to grow. foot, may as well forget it." drop their rates to make sweeter deals And in the Carson City The basic block-type structures are a or suffer with the high vacancy. area,C nestled here and there. are a common sight in Carson City, and Says Empey: "Building a large of­ variety of office choices for the small most are o .....ned by one local business­ fice complex in Carson City with the business looking for space. man, namely Ganh Richards. intent of leasing it right away would be Says Carson City businessman Gene "The less expensive structures own ­ an extreme risk . The reason is because F. Empey, owner of Empey and Com­ ed by Richards are minimum when it people in this area are not demanding pany Realtors, "Carson City has comes to the necessities," says Empey. large offices. The only exception to much to offer the newcomer. Many " They rent from 45 to 65 cents which that might be the state agencies. They new residents express the desire to own may need more square foo tage to ac­ their property "and Carso n City will commod ate growing staffs . . . . Their give them that op portu nity. Industr ial usual pattern is to rent a less expensive land will go for as little as $40,000 an If a lessor tries to building when it is new, and then when acre. Th at is less than a dollar a foot . it no longe r fills their particular needs, Many of the smaller manufacturers milk the Carson they move on. This kind of migration will loo k for land deals in Ca rson City business com­ has been going on with the state agen­ City." cies in Carson City for 25 years." His enthu siasm for Carson City and munity for high Michael Meizel, superintendent of the future there is infinite. "If these buildings and grounds for the state, blue-collar types of operations can rates, he will find comments on this nomadic behavior: pick up a piece of land for under himself with a high " We ha ve to follow the budgets of the 550,000, they usually will go on to particular agencies. Each of their build their entire complex for around a vacancy factor. needs are different . Ifwe can get a bet­ quarter of a million." Empey's know­ ter deal with another lessor, we have ledge is based on years of doing busi­ no choice but to accept the offers. ness in the area in a variety of fields. " We are offered incentives like The rates in Carson City for general accommodates ma ny of the smaller everyone else-free rent, improvem ent office space run anywhere from 30 businesses in Carson City." allowances an d other solicita­ cents up to 60 cents per square foot ac­ The guidelines for Reno and Las tions-but the fact remains that every­ cording to Empey. " If a business is Vegas differ greatly fro m leasing pro­ thing is figured into a budget for the loo king for a mo re luxu riou s office cedures in the Carson City, Gardner­ agency at hand," he adds. " We in­ building with all the amenities, they ville an d Minden areas. Ifa lessor tries clude cost of moving , renovation, will be paying up to 85 cents. This is to milk the Carso n City business com­ rent, everything that will cost .. . then the way it is in Carson City," he says. munity for high rates, he will find it is figured into the agency's budget."

20 THE NEVADA BUSIN ESS JOUANALJSeptember 1986 According to Meizel, the econo mic sit­ City is a real estate broker who keeps son. Brunetti. Mackenzie, Hartman. uatio n dictates the agencies' actions. her clients filled with optio ns when Soumbe niotis & Russell Ltd . is a mem­ Proximity is another factor. After they are hunting for space. " I don't ber of the Carson City Redevelopment all. it would not make sense for the like cold, impersonal deals," she says, Agency. which directs the flow for his­ Employment Security office to be ill a " I will ha ndle everything from the torica l growth and renovation. "Many residential area." In Carson City smallest ho me to the largest indu stria l of our profess ional people are choos­ proximity is not as much of a problem building. It just depends on what my ing renovation of a historical land­ as Reno for example," says Meizel, mar k for the simple reason of taste. " but we still try to locate the most ac­ They like the look of the older homes. cessible location for that particular The location of many of these land­ clientele for that particular agency." marks allows perfect accessibility to Most state offices are located in Las supreme court and other necessary of­ Vegas, with Carso n City close behind fices." says Hartman . "The econo­ and then Reno. "I do not see any ma­ mics of renovating for the purpose of jor growth or relocations at this time business is also desirable. as profe s­ ....i th our state offices. It has somewhat sionals can use it as a deductio n. A stabilized now. We have not seen ma­ person would have to be extremely jor growth since the early '70s, when wealthy to go into complete renova­ things were moving in leaps and tion of a historical landmark without bounds," says Meizel. the intent of using it for a business. Although the state agencies tend to " Preserving these older home s is lease space in the less expensive build­ not an easy task," he adds. "The peo­ ings, more luxurious accommodations ple who take on these projects put in are available for business people will­ long months of work . Many begin ing to pay the extra dollars. with nothing more than an empty. Lynette Frey. owner-manager of dilapidated old struct ure, and it Design Travel in Carson City. says of becomes a beautiful restora tion her office in Evergreen Center: "We within a year to two-year period." could have gotten a better deal else­ Hartman feels Carson City's biggest where, but there is a lot of traffic go­ «I don 't like cold, asset is its history. " We have some­ ing thro ugh here and we liked the look impersonal deals. I will thing here that very few cities do, " he of the building. We checked out every handle everything from says. The Carson City Redevelopment possible site in Carson City and this Agency is composed of a small group one had more appeal to us than the the smallest home to the of local residents. including an engi­ rest.' : largest industrial neer, an architect. a banker. an econo­ Pat Menke, -Frev's part ner. add s. building. It just mic developer for the state depa rtment " The Evergree n Center went along depends on what my and of course Hartman . an attorney. with all of our construction plans. We ettent needs. " Their goal is to revitalize Carson City. wanted a wet bar, a kitchen and a " There should be more activity in the definite color scheme. and that is heart ofthe city." says Hartman. "We Juana Jones Jclcover, owner, tntemauon­ what we have." al Investments want to address problem s of pa rking Bill Potts. who manages the Ever­ for tourists and merchants, signage for green Center for Dancey Media says. our historical landmarks and traffic "We are very easy to get along with client needs." flow. With all this grea t history we and are probably one of the best-main­ Client needs and wants vary, as do have to see, we need a decent walking tained buildings in this part of the design trends. Says Jolcove r: " I think and strolling path. Take the Nevada state. We prepare a budget and run it the tilt-up buildings are becomi ng Sta te Museum for example. If you just like any business. If you have seen more popular. The tilt-up are built weren't a local resident and didn't the KOLO station building in Reno from solid concrete and cannot be know where to find it, you would hunt you will understand the Dancey look; broken into.They are more secure." for hours before track ing it down . it is contemporary. neat and clean." Another strong trend in the stat e There needs to be more continuity and The more desirable the client, the capital is the renovation of historic flow to the downtown area. We want more the lessor will do to get a tenant landmarks. Usually done by profes­ the city to be more accessible to tour­ into the building. It was a step forward sionals such as attorneys, doctors and ists and residents," he says. for the Evergree n Center to have a re­ white-collar business people, [he work Some local business people have put puta ble travel company in the build­ is screened carefully by the Historical in much money and work to keep the ing. Soden' and the Carson City Redevel­ historical land marks in step with their Juana Jones Jolcover, owner of opment .-\.genc~i. par ticular period. One such person is International Investments in Carson A~ epben H anman of Alli- Julian Smith, a Carson City attorney

THENEVADA BUSINESS JOURNAUSeptembe!' 196E 21 who houses his practice in the famous side looks like. " Herring leases the upstairs. The businesses that come Orion Clemens House. (Orion was the other half of the building to two doc­ here are relatively small. Most are one­ brother of Samuel Clemens, alias tors of psychiatry. " It is a perfect set­ person operations." Mark Twain.) ting fo r myself and my tenants ," adds Tomerlin agrees with this tight-ship Originally built of wood siding, this Herri ng. assess ment. " I think .....e are at ou r structure was stuccoed in 1940. Smit h The Kelly-Schulz House, built in peak at this time.. . but after The Vil­ owns the house now and has managed 1874, is still owned by descenda nts of lage is buill 1 feel there ..... iIl be much to keep the interior as close to the ori­ its original owners. Don Schulz, a Ca r­ more interest in this area. Everything ginal as possible, with the exception of son City CP A, uses the place for his is full right now and it would be a some office furnitur e. Smith's wife business. He is candid ab out the reno­ good time to create more office Joanna comments, " Ju lian gets used vation. "I would never take on a pro­ space," she says. " I feel the way the ject like this again," he says fra nkly. " It was nothing but a headache. The guidelines that I had to follow were ex­ treme. Everythin g had to be done ac­ cording to certain historical ordi­ nances. That was 10 years ago when I decided to restore the home for my of­ fice." Schulz says that he wanted to put up a steel fence, bu t ordinances dictated he must put up a wooden fence like the original. "Now that that is all over I' m glad I am here," he says. "The park­ ing is plentiful and my clients enjoy coming here ." Gardnerville and Minden rest peace­ fully at the ot her end of th e Carson Valley; but even here developers are breaking ground. In a quiet alfalfa field speckled with fat hogs and cattle, work is beginning on " The Village," a massive complex consisting of shops, office buildings and residential areas. " We are very easy Marsha Tomerlin, owner-broker of to get along with and Coldwell Banker. Itildo Inc. Realtors "I f eel the way are probably one of the in Minden, looks to the future o f the the economy is at this best-maintained buildings developm ent. " Two buildings there are already leased. Th ere will be a title time, an individual in this part of the company, a savings and loan, and one who may be working out state. We prepare a of our sales offices will be there . It is of his or her home will budget and run it just primarily professional ."She adds that be ready to move into like any business. ,. there are plans for another casino, a his own private off ice strolling area, 232 apartments and very soon. I see the Bill Potts, manager, Eve rgreen Genter multiple shops. They will all follow a European th eme . economy getting better With office space minimal in the in this area f or that to the traffic of tourists that come Minden and Gardnerville areas, this type of individual. .. through during the peak seasons. new cons truction project is a welcome When you have a building as special as option fo r new businesses. Marsha Tomerlin , owner-broker, Coldwell this one for your business use, you had The Itildo-Ccldwell Ban ker buildi ng Banker, Itild o Inc, Realtors better get used to the onlookers." along with the Warren W. Reed build­ Norman Herring, also a Carson ing in Minden are two of the major econ omy is at this time, an individu al City attorney, owns the Abe Cu rry complexes in the connecting towns. who may be working out of his or her House that was built in 1871 of sand­ Bruce Holland er, Charter P roperty home will be ready to move int o his stone quarried from the Nevada State Casualty Underwriter for Warren W. own private office very soon. I see the P rison. " I have always loved antiques; Reed Insurance says, "There are not economy getting better in this area for I suppose owning this place is the epi­ many buildings up for lease in th is that type of individual." tomy of an tique collecting," he says. area. It is a pretty tight ship as of now. Tomerlin concludes thoughtfully: " I do n't mind the browsers that come The Warren Reed building has been " This area is like a sleeping giant. One through. Most are polite and well-be­ here since 1980. We have an engineer, day people ",,;11 look up an d just be haved and just want to see what the in- a planner, a construction contractor am azed at what it has become ." 0

22 THE NEVADA BUSINESS JOURNALJSep tember 1986

Co nsider: If the total construction cost of a building, including land , is $100 per square foot, and financing is at 12 percent, the consta nt cost of "interest o nly" is $1 per square foot per month. If only 10,000 square feet are vacant, it is costing the buildi ng publisher's owner from $10,000 to $12,000 per mon th for debt service and mainte­ nance alone. Notes It would seem that a menial $1,000 Henry C. Holcomb per month for advertising and pro­ l:dilor/ JDublisher motion makes good commo n sense, especially when you consider the cost T" e Hlg" Cost of a 20 percent vacancy facto r. Of Rem ainin g Vacant All of the infor mation in this direc­ tory was provided by either the pro­ he listings in this directory observe, though, that most of these ject developers or their leasing agents, are publi shed at no COSI to are the same developers and leasing and is publi shed at no cost to them. the developers or their leas­ agents who rarel y advertise any­ However, those who supported their ing agent s. The full-color where. directory entries with advertising art picturesTof buildings in our "Nevada highlighted with gray bars, and nota­ Skylines" section are also published As we read the data published in tions are made as to the pages on free. Strange that so many did not re­ other office guides similar to ours, in which you will find their advertise­ spond to our information form s. other states around the country, un­ ments for mo re info rmation. Strange that so many seemed so un­ leased space is costing at least a dollar In addition to those who did not reo concerned about promoting their pro­ per square foot per month. And that turn [he information forms at all, jects. Especially when you consider is just to pay the inte rest on the con­ there are some who did, but declined thai the office vacancy rate in Nevada struction finan cing. Maintenance to include sufficient information to (both north and south) is in the area may well cost another quarter or justify our publicizing them. Other of 20 percent. It is doubly strange more per square foot, even though than these. no one was left out inten­ when you consider the high and un­ utilitie s and other services on un­ tionally. All were given an opportu­ avoidable cost of unleased space. We leased space are at a minimum . nity to participate. 0

WAREHOUSING AND DIS TRIBUTION. INC.

"NORTHERN NEVADA ... the perfee! location for your Warehou sing and ITILDO INC. Dlstrlbull on opare 'lon." REALTORS'

Let 'he Proteu lonll il li t Gateway Help You: THE VILLAGE Beautif ul office complex to be • 30 Years E"p.,.,ence co mpleted in early 1987. NOW LEASING . • MOdern Facil ItIeS HIgh CeIlings for "'a",mum Storage Capacity TAHOE·MINDEN W, reroouses Served by Ooc~ AIRPARKS H'g" and DrIve In Truc ~ UnloadIng Great development potential. 000" Over 650 ac. of industri al land. CQmputeTized Inventory Control ano U P,S Se

970 Me/l!'dltfl Way AA ~y o.re:l arld ODe'il!elJ Membe' Sp,arts. NV 89431 01 Colltwell Ban'er /lesJOel11iai :'l!'!Ldles Inc

24 THE NEVADA BUSIN ESS JOURNAUSeptember 1986 _. fJqorado Ia!ses "A PLANNED COMMUNITY' BUSINESS and INDUSTRIAL AIRPARK Municipal Water & Sewer / Natural Gas Electric / Phone Underground PART OF 2000 ACRES Only Minutes from Lake Tahoe and Reno Including • Varied Residential • Neighbo rhood Shops • Golf Course (18 Holes) • Airport (6000' Runway) rsn dl A Great Place To LIVE! • SEATTLE U\'J®W@) ~@) A Great Place To Do BUSINESS! • No Corporate Income Tax • No Personal Income Tax • No Business Inventory Tax • No Franchise Tax • No Inheritance Tax • Low Property Tax

For more information contact: Nevada Northwest Corporation" P.O. BOX 1269, DAYTON, NV 89403 PHONE (702) 246-5860

s COPVRIGI-iT 1986 NEVADA NO RTH WEST CORPOR A,TION ~ AU RIGH TS RESERVED REPRODUCTION IN WHOLE OR PART PROHIBITED Map A: Reno Central

W. ttI'I ST.

f---+--+---CAPITOI. HILLBVD.- I. ~ \ • • • • ,\ lit> • •a <.UAaA0< •~ • ~ ® i r "lUM. LN LUNl l N ..

o\CTlVlTlES fEATURES. SEJ'lYIC(S UTun.es

BUILDING/PARK NAM E BUILDING TOTAL SO.FT. LOCATION COMPLETION AVAIL sa.FT. DATE LEASING CONTACT RENT RANGE PHON E STORIES PER YR.

Airport Olrdens 1980 77,154 It. C 1325 Airrnotive Way 3 7.552lt. Reno. NY 89502 &0 Lois Garret! • Garrell Realty 786-1223

26 THE NEVADABUSINESS JOURNAU September 1986 Map B: Reno South

; c •~ • URBA'" RD. I GROVE ST. r---' 1---\--LlNDEN51.+ - - --'i ~ • •> •3

.1-.f.,,---t MOAN AI N-1 ~ ® \ ~~--'MOANA IN.-- + - - --''',.''''- --.- MOANALN . ---';Ir--~r 3 ® w • "s MEADOWVIEW LN.

F REDERICK LN. W. PECI

® ~ •c ! w c ~ ; 5 z ! \ i \ s. Me CA\RRAN \ to ACTlvmES FEATURES & S Ell VICES UTILITIES lIl: BUIL01NQIPAR K NAME BUILD ING TOTA L SO.FT. oil LOCATI ON COM PLETION AVAIL. Sa.FT. DATE CL LEASING CONTACT RENT RANGE I PHONE STORIES PER YR. Airport Plaza 197 2 75,859 It. a 1755 E. Plumb Lane 2 5.000 It. Reno. NV 89502 $13.20 1 Glenn E. Fleming to • Real Properties, Ltd. $14.40 323-3001 Arli ngton Towers 1970 11,000 ft. 100 N. Arlington 20 4,500 It. A Reno, NV 89503 $12.00 2 James H. Keller, S.E.C. to • Keller Realty Co. $17.40 786-16t6

THE NEVADA BUSIN ESS JOURNAUSeptember 1986 27 Nevada Skylines ;;;;;;;;;;;;;;;;;;;;;;------~I Airport Plaza Treadway Park professional Center

Revamped to meet the needs of a condominium agreement, the Tread­ way Park Professional Center in Car­ son City offers medical offices conve­ niently located across the street from the Carson-Tahoe Hospital. This one-story building has a slate roo f and a brick veneer exterior that sits atop a block of concrete. It is sur­ rounded by a lawn shaped with flow­ ers, shru bs and small trees. A paved parking lot provides plenty of par king for tenants and patients. Also at the end of the parking lot is S,lXX> square feet ofland available for development. Inside, the building is designed to suit the needs of the medical profes­ sional- from doctors' offices to X-ray facilities. Every suite is fully trussed and owners will finish to suit tenant needs. If being near the airport is a must, and a self-contained parking lot wraps the Airport Plaza is one office com­ itself around the complex. Spots of plex to consider. Just across the street lawn with shady trees and an abun­ Mill & Terminal Plaza from the Reno Cannon International da nce of shrubs tum the outside into a Airport, it is also only a block from picnic spot or a tranquil breat her from the freeway entrance. a busy work day . Th e building The Spanish-style building rises two features a conference roo m availa ble stories. Topping off its Spanish look is for use by tenan ts and includes wide a tile roof with vertical strips of wood lobbies at each entrance with carpeted breaking up the sandstone walls. hallway, gradual stairwells and eleva­ Th ere are six entrances to the building tors.

Capital Plaza Business Center The Mill & Terminal Plaza, situated yard is fully landscaped with shru bs, on one of the most highly trafficked trees, lawn and river rock s. corners in Reno. has just undergone a Inside, each building has a lobby face lift and inside remodeling. The with a directory. Other amenities in­ plaza, geared towards service and reo clude free conference room s, carpet­ tail businesses, has units ranging from ing, central restrooms and cantinas. 600 to S,lXX> square feet. Owners will On the premises is a snack bar that will finish to suit tenant needs. deliver food to tenants. Three build­ Unique to this complex are mini­ Capital Plaza Business Center is one ings have elevators. Owners \\.;11 finish warehouses in back, ideal for extra in­ of the more modern centers in Carson to suit tenant needs. The complex is ventory. The warehouses are 300 to City, donning a slump stone siding three blocks from the state capital and 3,lXX> square feet, and have roll-up with arched windows that extend the main post office and directly across doors. The exterior is made of stucco two stories of the buildings . The com­ the street from Mill Park-which pro­ with a tile roof and has a self-con­ plex sits on almost six-and-a-half acres vides a relaxing atmosphere for a tai ned parking lot. Th e offices have and consists of four buildings linked noon-time jog or a Quiet lunch by the store-front windows, self-contai ned with covered walkways. The court- park's creek. restrooms and carpeting.

28 THE NEVA.DA. BUSINESS JOUANALlSeptember 1986 Greg Business Park southwest professional Centre

If you are looking for office space close to the residential area of Reno, not too far from downtown, yet with a fla..'or of working at home, then consi­ der the Southwest Professional Centre at the comer of Plumb and Plumas streets. Designed by Don Mackey and developed by Dil.oretc/Harris Con­ struction, the buildin gs look like the "all-American home, " complete with The Greg Business Park is in the double doors, three car garage and pulse of the industrial area east of large livingroom windows. Rolling mand, and a total ofup to 13 units will Reno. Built six years ago, the park of­ law'ns with plenty of shrubs, trees and be built. A self-contained parking lot fers offices with store-front windows river rocks complete the residential is already in place. To date. four units and warehouses in back. Four build­ look. have been completed. The complex is ings , each with eight units. make up The main level of the offices ranges approximately five minutes from the park. from 3.100 to 1O,

Landmark Plaza OHlce Complex Built to look like a lighthouse. the Landmark Plaza Office Complex sits at the corner of U.S. 395 and Highway 50 at the south end of Carson City. The four-story building has white aluminum siding with brown trim and each floor has 12 windows on each The Lakeridge Plaza Office Com­ space is based on condominium agree­ side. Pine trees ranging from 12 to 35 plex features a large wood trellis to its ment, with tenants enjoying all the feet dominate the landscape which in­ side ....rith a sunken pat io with benches amenities of carpeted offices, drapes, cludes lawn and shrubs. and a manicu red garden with a view of central restrooms and janitorial set­ Inside suites range from 300 to tht Sierra Nevada . vices. 2,500 square feet and can be finished Designed by Sheehan Haase & Van The bonus to this office complex is to suit tenant needs. Amenities include woen of Reno , this structure has that it is set away from the do....-atcwn carpet, central restrooms, janitorial brick veneer with inset tinted windows area, but easily accessible by a five services and a computerized central and wood accents. The two-sto ry minute drive down Lakeside Drive. To telephone system. The large Iobb)' building is set on a lawn of rolling the south of the complex , business is contains overstuffed chairs, an MA­ grass, shrubs, pine trees and river expanding rapidly o n South Virginia tor and directory. rocks with a view of Reno. Rental Street, making it an ideal location.

THE NEVADA BUSINESS JOURNAU5eptembef 1986 2lI -\

HYME" Av,

GLENDALE AV.

QLENDALEW't. @ \., - """''' .1_l!l<'-r--~L-":L--t----i '.o I ' +", ; •~ HARDY DR. '>, 5a •<

~Q .~ -'- CONEY ISLAND DR. I ~ (1'

Bender Moving & Siorage 1980 32,000 ft. 4051 Htnway 50 East 1 32.000 It . E Carson -ty. NV 89701 S 2.82 70 Sue Baggett • •• •• • Coldwell Banke r/Firs' Western Reatty 663-2300 a.". rfy Roberts, Prof. BU ilding 1986 4.130 ft. -;; 1463 Main 51. 2 1,470 11 . " Gardnerville, NV 89410 $12.00 Beverly Roberts • -•D Building Uanager -:I 782·7143 30 THE NEVADA BUS INESS JOURNA U5eplem bef 1986 I OUIIIN CIR . @ I ~~,...-- "K l E P PE IN . _ ~ • @ ci g ~ - ; - KRESGE 1'10. - [ : \ ~ t_---C...,"'--'U ST GReG- __':'L_~'-1iirr'j,')t------\ ~ .. ~ • •, "•

SPICE ISLANDS DR. I Map D: Sparks East : ACTIVITIES FEATURES & SERVIces UTILITIES III BUILDING/PAR K NAME BUI LDING TOTAL sa.FT. 011 LOCATION COMPLETION AVAIL. s a .FT. DATE A LEASING CONTACT II RENT RAN GE Z PHONE STO RIES PER YR. Capilal Plu a Bus ine ss Center 1974 100,000 It. E 1100 E. Williams 51., Suite 222 2 26,000 ft. Carson City . NV 89701 $ 9.00 3 Thomas Y. JohnsonfTerfY Yeager to • ••• •• Gold Dust Properties $ 9.60 883-3936 Carson Airp ort Industrial Park 1968 11,200 ft. Conestoga & Grumman 1 11,200 It. E Carso n City, NY 89702 $ 3A8 4 Bob Miller 10 • • • • Millard Really & Construction $ 3.84 882·5000

Dermody AlrCen ter

Insulll eleni Information For listing

East Ole nd ale BusInes s Cente r 1981 103,920 II. East Glendale Ave . & Packer Way t 7,200 'I. 0 Sparks. NV 89431 s 2.50 89 Mr. Jack Trainor to • Trammell Crow Company $ 6.60 356-6118 N. EdIson In d us tri al Park 1977 175,431 It. N. Edison Way t 11.' 82 It . A Reno, NV 89502 s 6.00 I 58 Ed YUill/Russe ll Ardillo to • ••• • • • • The Ribeiro Corp. S 8.00 322·9 153 EI Dorado lake s Ind us tri al Alrpar1l: 170,000 It. ! z P.O. Box 1269 '98' ..~ Dayton, NV 89403 ~ • • • ••• • c Dave Schelin CS- ad on p~ 25) •• • • .. Nevada Northwest Corp. 246-5860

THENEVADA BUSINESS JOURNAUSep t ~ 1ge6 J1 Nevada Skylin

Reno-Tahoe Liberty center OHlce Visitors Center Liberty Center Office Building is one of the best-located office com­ plexes in downtown Reno. It sits directly across the street from the Washoe County Library, a hal f block fro m the financial center and three blocks fro m the coun ho use. Built in 1972. this six-story building jets straight up with curved comas and bands of horizontal windows wr apping the entire building. Wide built-up planters dress the sides. Built in 1928. the Reno-Tahoe Visi­ lobby is adorned with plants tors Center is undergoing restoration bank of elevators and a d;",' ,,,,­ as pan of Reno' s Downtown Rede­ Rental agreements include velopment program. Restoration suit suites. janitorial service work began more than seven years ago, and the " Old Time" theme of the build ing is being maintained with Glendale Vis hard-wood floors, oa k paneling and complex even some crystal chandeliers on the Glendale Vista Com plex it • upper floors. The owner will finish ing that offers industrial space to suit the tena nt. house facilities with m jp"" The 36,OOO· sq ua re-foot, brick space. Located at the COrDC' building serves as the foca l point for dale and Vista streets. --~ tourist and visitor infor mat ion in the easy access [0 ( downtown area. Present tenants in­ directions. clude The Reno-Sparks Chamber of Commerce, the Sierra Arts Fou nda­ The zo.eoo-scuare-rcor projecr. tion, the Nevad a Histo rical Societ y eludes dock-high and ~ and the Reno-Tahoe Gaming Acade­ trances. Ot her amenities i my, as well as the Reno-Tahoe Visi­ ceiling fo r storage up to 20 feel. tors Center. The build ing, with three phase electricity, sealed cono::rur floors and a basement, also houses a and a sprinkler system. Of retail mall . includes carpet and sdf'",,,,,__ Located on Sierra Street, the build ­ restrooms. Outside the ing is ju st two blocks from the train bas station and the bu s depot . Trees and painted sid ewa lks fr a me the building's exterior. A parking lot is adjacent to the structure.

Built in 1927, the Hendefl(X1 Building still holds that de.­ charm that helped shape the of nonhero Nevada. This story building stands c. Street in the bean at Iz-foot, arched ",ill' 0000.. metrically around the building. Contrast iD

32 THE NEVADA SUS' ''',, Verdi Business Park

Located seven miles west of Reno the walls are expected to cut energy off Interstate 80, the Verdi Business costs by 50 percent. Park offers the aesthetic surrou ndings T he first building is already leased; of the Sierra Nevada foothills and the the second is waiting to be leased and convenience of the interstate a quarter can be finished to suit tenant needs. mile away. making downtown Reno Amenities for the second building can and the airport less than a tu-mlrnne include high ceilings for storage space, drive. roll-up door with dock-high or drive­ Planned for three phases. the park in option and sprinkler system. Office has most of its first phase complete space will include lowered ceilings, which includes three buildings. De­ carpet and resrrooms. signed by architect Larry Sumerton of Between buildings One and Two on end of 1986. Similar in structure to the Sacramento and developed by Armico the south side is a courtyard with an other buildings, it will be finished to Nevada Inc.• its redwood frame holds outdoor conference table admist pine suit tenant needs. a steel exterior and roof. The IO-inch and aspen trees. River rock and flower Phases II and III will cover an walls feature R-30 insulation with beds dress the perimeter of the build­ IS-acre area and are expected to be de­ R-38 in the ceiling. A solarium corri­ ings. veloped over the next five years. The do r running the length o f the south T he thi rd building is not yet built, project has a self-contained pa rking side of the buildings and fans built in but is expected 10 be finished by the lot.

Executive Plaza Meadow Wood OHlce Plaza Heavy landscaping, red brick and tinted window s make up the two­ phase Meadow Wood Office Plaza. The first phase, finished earlier this year, is completely leased. The second phase, completed this summer, in­ t.'r,,'6~ ~,~ ~Mo"i~ ':-a... . Y'~Ub~h;

THE NEVADA BUSINESS JOURNAU5eptembef 1986 33 Map E: Carson City , .....,-- .. • .. ,.." .. "'. i ! ; , ...... 0 ! ...... ,, _. ,. •.. , _.. , -.­ - -. , _.... , I

, , ,

e - - - -- 'i" ;....,.,.,_~~-- , ", I :l ...0--."'-'...... '' -

'-.r"""" !1 - .. , .. _ _ ,f •

! , -, "..... : j > -.­ , 2 4 • Ii""''' ,, -

•• ! • ,h • • ,. ,. 1!1 , . ' " , '.. , ~ i ( , • '-l...... ,. • . , .' 0..(:;." -.r' n •

• •

• ~ 3. ~ -- " I ~ - '-- @ -I ....:.:;'. ' ,I .. ..•- e - • ".

34 TH E NEVADA. BUSINESS JOU~ A.;...Soo_- .. ACTIVITIES FEA1lUl£S& SUlVICf:$ '""""~ I III BUILDING/PARK NAME BUILDING TOTAL so.rr, c e • : : " . • t ~ ~ ~ ~ i i ~~ii. oil LOCATION COMPLETION AVA IL SQ.FT. E : ~ iJ: ! 5 f ... ", :lEi ::lifii . . DATE ~ ~ ~ ~ ... ~ •• ii: J: -S ~ l'; ~ 1& LEASIN O CO NTACT • I - 1 :I i 5 J = : ... : • .c'" u "' ~ . - j ~ ~ 'E 'J: ! lr~ ! ~ a RENT RANGE ~1 £ EI ! 1 'i-C: ~~2 i I .;:::~ - .:-;;:-i~r STORIES o~ J: ~u:l a::l':.z \!&I~ ~ ~ . I ~ I. :Ii PHO NE PER YR. ... .: c u u u J: u u Execut ive Piau 1974 40.000 It. 1005 Terminal Way 2 5.300 ft. C Reno. NV 89502 $13 .20 l R.E. " Skip" Hansen • century 21 $kip Hansen & Assoc. 825-2700 Fairview Business Park 1984 50.000 It. 1601 Fairview Olive 2 10,000 11 . E Carson City, NV 89701 $ 3.60 & Helen Young/Ian MacSween tc •• •• ProPerlY Managers $ 6 .60 • • • 883-4524 Fehr B U ll d ln ~ ' 982 2,340 II. 175 So. Park t. 1 2.340 II. A Reno. NV 89502 $ 8.40 7 Mrs. Renate Fehr 10 • • •• Broker1Owner $10 20 329-1027 Freeport Ind ullrlal Park 1976 186.05 1 h . Freeport BIYd. 1 14,68 1 It. C Sparks. NV 89431 5 6.00 • 78 Ed YuillJRussell Ardillo 10 •••• •• • The Ribeiro Corp. 58.00 322-9153 - Frontier Plu a 1981 190,000 It. 1923 N. Carson St., Suite 105 2 5,700 II. E Carson City. NV 89701 5 4 .SO 8 Anthony A. Abbo tt 10 • Fronti er Enterp rises Inc . $10.20 882-2100 Garden Office Center 1978 10,000 ft. 300 Hot Springs Road 1 1.770 It. E Carson City , NV 8970 1 S 7.80 1 Gene Rossiter 10 • Rossiter & Assoc . Realtors S 9 12 885-7500 Glend a\elV lsl a Complex 1978 102.000 It Gleoda le1Deming Corner 15.000 It D Sparks. NV 89431 5 2 64 71 Kathy Drake 10 • ••• • •• •• • • • The Meiser Co. S 4.20 359-0313 Gr ant Drive Ofllca Complex 198 ' 20 ,000 ft . 3670 Grant Drive , 2.200 It <>z Reno, NV 89502 $12.00 John Pinjuv 10 • -~ Real Prope rties lid. 513 .SO 323-1144 Greg Slteet BUl in esl Part 1970 42,000 It . 1511-1611 Greg Stree l : 1.600 It . C scares. NV 89431 5 4.20 10 Glen E. Fleming 10 • Real Prope rties. Lid . 5 5.40 323-3001 Greg SL In duslrial Park 1979 « .160 It . 745 E. Greo 5t 1 o. 0 Sparks. NV 89502 5 6.00 80 Ed YuillJRussell Araillo ' 0 •• •• •• • • The Ribeiro Corp. 5 8.00 322-9153 Heland er Buil ding .957 10.000 II . 111 W. Telegraph 2 7,600 'I. E Carson CilY, NV 89701 5 9 00 11 Thoma S Y. John son 10 • Gold Oust Proper ties 5 9.60 983-3936 Hend erson Bank Bu ilding 1929 14.345 11 . 402 Railroad Street , 2,020 'I. <>z Elko, NV 89801 S 900 Gail Curtis • - Prope rty Manager - 738--4242 , ThE NEVADABUSINESS JOURNAU$eplember 1986 35 Nevada Skylines

Reno America Center Airport Gardens An elaborate atrium running almost the entire length of the Airport Gardens sets this office complex off from all the rest in the Reno area . Redwood benches, tiled floors and built-up planters with Iusb folia ge- and shallow pools fill the bottom floor of lhis three-story building. The o ffice space on aD three Floors "Taps around the atrium. Each office includes either an outside ....indow with a view of Truckee Meadows or an in­ side window with a view of the atrium. Skylights light up the building, adding to the outdoor feeling . Office amenities include central restroorns, carpet, five-day janitorial Reno Ame rica Center, in the heart city and sprinkler systems in ware­ service and a weight-exercise room of the industrial area, is designed for hou ses. with sau na , showers and lockers. Out­ heavier office tra ffic and warehouse Outside, the street -front property is side, the building is almost entirely facilities. built dock-high in tilt-up concrete with made of windows with a winding ap­ Rock y Mountain Quartzite in a ran­ proach that slopes gently to the main Two-story offices face the front dom pattern with bronze-tinted store­ entrance. The property also features a with war ehouses in the back. Ameni­ front windows. Land scaping includes self-contai ned parking lot. The com­ ties include carpet and self-contained shrubs and rocks with a paved parking plex is located less than a quarter mile restroo ms in the offices , with standard 101 . Owners will finish to suit tenant from the Reno airpo rt and has access size roll-up doors. three-phase electri- needs. to the freeway. Fairview Bender Moving And storage Building Business park

Not your typical office-warehouse most 240 SQuare feet ofhighway front­ building. the Fairview Business Park age. There are four elect rical mai ns in Carson City offers pleasing aesthe­ (two ou tside and twOinside). with 120. tics as well as practicability. From the 200 and 240 amps. The building ha s ou tside. sandstone dresses the front three-phase power. with large windows and lamp posts at each office entrance. Lawn. trees and Mill Internatio na l shru bs make up the landscape. Phases I and II o f the complex in­ ~ 1iB IIllC'l'*icwaI.-as designed with clude a two-story office building ....ith a Spanish aa::cM com:plete with stucco warehouses jetting off the bade side . Located at 4051 Highway SO East in walls, an:bcd ~"S and tile roof. Included in the two phases are eight Carso n City, the Bender Moving And This awlti-kDant office complex o ffice units at 330 SQuare feet a piece, Storage Building offe rs 1,800 square has a \ ~ ofsailcs from 100 SQuare and a 2.500-SQuare-foot warehouse. feet o f office space and approximately feet up. OfflCCS the usual ame­ Office ame nities include separate rest­ 30.920 square feet of warehouse space. nities of carpel. drapes and centrally room facilities. carpet or tile and The metal building offers air condi­ located rescocea 011 each of the two drapes. The warehouse includes dou­ tioning and fo rced -air propane heat ­ floors. Outside, a parking 101 encom­ ble overhea d doors. 14 feet by 12 feet . ing. It has sprinkler and security sys­ passes the buildinr- '{any mature Phase III will include five units con­ terns. Amenities include two rest­ shrubs and plants male up the land­ sisting of office and ware house space. rooms. one with a shower. scape. The building is located near The park has access to four main The building has two lo-fool downtown and 1M industrial area streets in Carson. Three of the streets covered bays and six 12-foot roll-up which spreads east of Reno. It offers are dir ect routes to Highway 50 while doors. Asphalt co mpletely encircles access to the freewa y and is only a mile the fourth leads to U.S. 395. the building, and the property has al- from the Reno airport.

36 THE NEVADA BUSINESS JOURNAU5eptember 1986 Halander Building Lakeside Crossing

Thirteen buildings includi ng both buildi ng. Winding stairs lead to the se­ office and retail space will make up the cond level which is highlighted with a Lakeside Crossing in southwest Reno. skylight that looks down upon the atri­ Designed by the Reno architectural um. Outside. red brick breaks up the firm Sheeh an Haase & Van woert, the man y windows which overlook the ci­ complex will include seven two-story ty streets. buildings, two three-story buildings Roughly 7,500 square feet of the and four one-story buildings (for retail IO,OOO-square-fool building is avail­ use). The contemporary design will able for lease. Office space can be fi­ feature brick veneer with ceramic tile nished to suit tenant needs. Amenities accen ts and large tinted windows. Recently remodeled, the Halander include carpet, drapes, elevators. di­ The rectangular-shaped buildings Building on Cu rry and Telegraph rectory and central restrooms. The are grouped to form a series of court­ streets in Carson City. now has an eye­ complex is located in downtown Ca r­ yards. T he grounds will have built-up catching entrance which includes an son, just a few blocks from the court planters, shrubs, trees , bou lders and atrium with curved glass climbing the house and casinos. Street and metered benches. height of the two-story rectangular parking is avai lable. The 60,000 square feet of office space will include carpeting and cen­ Carson Airport 2300 Arrowhead Drive tral restrooms. The 26,000 square feet Indust:rlal Park of retail space will feature store-front windows, self-contained restrooms and will be furnished to suit tenant The Carson Airport Industrial Park needs. The project is scheduled for sits on 800 acres of land surrounding completion in 1987. the Carson City Airport . The park is geared towards high tech and light In all, the building has 132,376 ma nufacturing firms, with less empha­ square feet; of that 126,565 square feet sis on warehousing, due to lack of rail An ideal industrial building is wait­ is warehouse and 5,811 square feet is service. Generally , land is bought or ing to be occupied in Carson Cit y. office space. Included in the building leased and the n developed by a firm to Used originally by Electro Mechanical arc two truck wells, three roll up suit its needs. Since the park is less Engineering Co ., the building offers doors, two mezzanines (not included than half-way developed, businesses man y features ideal for a light in total square feet), three overhead that locate there an d find a need to ex­ manufacturing or high tech company. trollies, a sprinkler system and 800 pand, can do so easily. With most of Located in the Carson Airport In­ amps of three-phase power. the area less than a mile fro m the air­ dustrial Pa rk , the building faces Ar­ The building exterior is made of tilt­ port, and with major trucking routes rowhead Drive, a major trucking route up concrete with available parking and linki ng Highway 50 and U.S. 395, it that links Highway 50 and U.S. 395. some landscaping. The entrance has a ma kes an ideal spot for any growing It's also a mile from the Ca rson City lobb y which leads to the carpeted of­ company. Airport. fices with restrooms.

RenoPort: Business park

North of Sparks in Panth er Valley bronze-plate, store-front windows. lies RenoPort Business Park , a single­ Amenities for the warehouses in­ story, dock-high industrial and ware­ clude 100 amp single-phase electr icity, house facili ty. with three-phase available, roll-up doors and sprinkler or fire det ector Four buildings, th ree in rectangles systems. Office space makes up 30 an d one in an upside down " L" per cent of the park with carpet and shape, make up the park. Outside, the self-contained restrooms included. structures are made up of tilt-up con­ Three of the buildings are dri ve-in, crete with Rocky Mountain Quartzite while one is dock-high. The complex inlaid in geometrical pattern s and has qu ick access to the interstate .

THE NEVADA BUSINESS JOURNALJSeplember 1986 37 Halander Building lakeside Crossing

Thirteen buildings including both building. Winding stairs lead to the se­ office and retail space will ma ke up the cond level which is highlighted with a Lakeside Crossing in southwest Reno. skylight that loo ks dow n upon the atri­ Designed by th e Reno architectural um. Outside, red brick breaks up the firm Sheehan Haase & Van w oert. the many wi ndows which overlook the ci­ complex will include seven two-story ty streets. buildings, two three-story buildings Roughly 7.500 square feet of the and four one-story buildings (for retail lO,OOO-square-foot building is avail­ use). T he contemporary design will able for lease. Office space can be fi­ feature brick veneer with ceramic tile nished to suit tenant needs. Amenities accents an d large tinted windows. Recently remodeled. the Halander include carpet, drapes, elevators, di­ The rectangular-shaped buildings Building on Curry and Telegraph rectory and central restroo ms. The are gro uped to form a series of court­ streets in Ca rson City, now ha s an eye­ complex is located in downtown Car­ yards. The grounds will have built-up catching entrance which includes an son, just a few blocks from the court planters, shrubs, trees, boulders and atrium with curved glass climbing the house an d casinos. Street and metered benches. height of the two-story rectangular parking is ava ilab le. The 60,000 square feet of office space will include carpeting and cen­ Carson Airport 2300 Arrowhead Drive tral restrooms. The 26,000 square feet Industrial Park of retail space will feature store-front windows, self-contained restroo ms and will be furnished to suit tenant The Carson Airport Industrial Park needs. The project is scheduled for sits on 800 acres of land surrounding completion in 1987. the Carson City Airport. The park is geared towards high tech and light In all, the building has 132,376 man ufactu ring firm s, with less empha­ square feet; of that 126,565 square feet sis on wareho using, due to lack of rail An ideal industrial building is wait­ is ware house and 5,8 11 square feet is service. Generally. land is bought or ing to be occupied in Carson City. office space. Included in the building leased and then developed by a firm to Used originally by Electro Mechan ical are two truck wells, three roll up suit its needs. Since the park is less Engineering Co .• the building offers doors, two mezzanines (not included than half-way developed , businesses many features ideal for a light in total square feet), three overhead that locate there and find a need to ex­ manufacturing or high tech company. trollies , a sprinkler system an d 800 pa nd. can do so easily. With most of Located in the Carson Airport In­ amps of three-phase power. the area less than a mile from the air­ dustrial Park. the building faces Ar­ The building exterior is made oftilt­ port, and with major trucking routes rowhead Drive, a major trucking rou te up concrete with available parking and linking Highway 50 and U.S. 395, it that links Highway 50 and U.S. 395. some landscaping. The entrance has a mak es an ideal spot for any growing It's also a mile from the Carso n City lobby which leads to the carpeted of­ company. Airport. fices with restrooms.

RenoPort BUsiness park

North of Sparks in Pan ther Valley bronze-plate, store-front windows. lies RenoPort Business Park, a single­ Amenities for the warehou ses in­ story, dock-high industrial an d ware­ c:.luc:k 100 amp single-phase electricity, house facility. _ith three-phase available, roll-up doors and sprinkler or fire detector Four buildings, three in rectangles systems. Office space makes up 30 an d one in an upside down "L" percent of the pa rk with carpet and shape, ma ke up the park. Outside, the sdf

THE NEVADA BUSINESS JOURNAUSeptember 1986 37 Birth Of The Business Park Once entirely different animals, office and industrial parks have become almost indistinguishable. Developers have dubbed the popular new hybrids simply "business parks. "

ention the term " Indus­ trial Office Park" and be prepared to get a dif­ ferent definition from eaMch person you talk to. In the past there was a clear distinction between an industrial pa rk and an office park. They were two separate entities. In­ dustrial parks were often though t o f as little more than parcels of land shunted off into the less desirable edge of town zoned for industrial use, whereas office parks were nicely la nd­ scaped areas where corporate offices were headquartered . Today that distinction is not that clear. In fact it's con fusing to some. "Actually I don't know what an in­ dustrial par k is as opposed 10 a n of-

"/ guess it's like everything else. like cars with more gadgets and so on. Industrial parks offer more conveniences. better access. better working conditions, better land­ scaping, adequate parking, air conditioning, and proximity to arterial streets and highways. "

Vern Meiser, pres ident, Vern Meiser Enterpr ises "" -' ...

38 THE NEVADA BUSINESS JOURNAUSepl ember 1986 ""' '" BUSINESS PARKS '"

fiee park," says Andrew Grose. Ne­ sing or health care. vada Commission on Economic De­ " Business parks arc a lot of land ­ velopmenr director. "Frankly, I'm scaping, a lot of greenery with trees not sure if this is the right answer be­ and shrubs, low noise and high-quali­ cause I have never seen a definition . ty construction where the buildings What my impression is of an industri­ are very pleasing to the eye," he says. al office park wou ld be one where "There's rich carpeting inside the you could combine industrial activi­ building, good parking facilities and ties with office activities. all that kind of stuff." " Whereas in a regular office park Often corpo rations usc business you would not have Industrial zoning parks as an initial move into an area and a pure industry park. You would to test the economic waters. Ifthere is only have the limited offices needed a positive response to their product or Just for the management of plants service they either stay where they and facilities. In an industrial office are, build their own complex or move park you have more of th e manage­ into a larger facility. ment and sales aspect." This is generally the case when new In recent years the blending of in­ businesses decide to come to Carson dustrial parks and office parks has City, Minden an d Gardn erville . brought about a dramatic change. Roger L. Shaheen. the largest builder The ap plicable name in the future of industrial office parks in Carson _~ ' - may be "business park " to cover City, is presently constructing a ... both uses, according to Ken Lynn, 24-acre planned development called Economic Development Authority Shaheen Business Park. locat ed at for Western Nevada director. 1445 Hot Springs Rd. It was started ../ think we're going "Industrial Par k was the generic more than a year ago and although to continue on with a good Dame that really described a bunch of only eight acres are completed. Sha­ steady growth here. I think we industry which got together in a de­ heen believes it is one of the most in­ have to credit the state signated area in or adjacent to a novative and attractive business parks economic development city," Lynn says. not only in Carson City but in north­ Within the last five years industrial ern Nevada. efforts as being successful parks in northern Nevada have be­ " It might be a lucrative field in and ongoing with wide come more refined and have evolved ot her areas of the country but Nevada support for local business­ into what Lynn describes as "busi­ has been a tough market, especially and that team approach has ness par ks where nothing is actually Carson City," explains the former worked out well. .. produced and there arc no ne of the San Fran cisco developer. " I moved accoutrements associated with the here simply by choice and not to Frank Gallagher, senior associate. manufacturing industry." There arc make a living. Carson City is a much Preston Q. Hale & Associates DO machines, chemicals or noise. The different situation than California main product ion tools arc usually a where there is 25 to 30 million people series of computers or typewriters, as compared to a state where there is " I've actually been in semi-retire­ .... here the prod uct is telecommunica­ less than a million and a city with less ment up here because I actually can't tions, video distribution, data proces- than 35,()(X) residents. do a lot. 1 ju st have to go along with the economy when it lets me." Yet, Shaheen adds, he wouldn 't have moved to Carson City or under­ taken building his industrial park if the futu re didn't look optimistic. " I feel I have a product that is unique," he says. "I' m not financ­ ing, I'm building cash-out-of- peeker and it' s my business, I'm not doing this as a hobby. I' m a developer. " When I build it' s done on specu­ lation with no tenants in line and none perceived. I just build it. People will come and look through Reno and Carson City at the various projects Roger L Shaheen, the largest builder of industrial parks in Carson City, and they will go for prices and make a s presentl y constructing a 24-acre planned development called Shaheen deal. " 3usiness Park, which he says is one of t e most innovative in northern The original developer of a park Nevada. rConlinu.ed Ol'I ptI",2J THE NEVADA BUSINESS JOURNALJSept ember 19a6 39 Nevada Skylines

Keltzke Plaza Directly behind the Reno-Spa rks Convention Center. Kletzke Plaza is quick ly becoming one of the office complex hubs of southeast Reno, as business continues to grow south on Virginia Street. The one-story, garden level, frame­ an d-masonry complex houses 15 buildings all linked by covered walk­ ways. Among the buildings are elabor­ ate shrubs and rock gardens wi th a sprinkling of benches and directories located at each entrance. With a total of 108.000 square feet. the offices will be finished to suit by the owners. Each building has central­ ly located restrooms an d hallway en­ trances. Office windows over look the ga rdens. Some of the suites have street. and all the buildings have self­ contained pa rking. An added bonus is that man agement for the co mp lex is on the premises. keeping regular business hours. accepting packages for tenants who miss the ma il and boasting a good maint ena nce crew.

Pacific Freeport Valley Bank Center Industrial park Locateyour office at theVall ey Bank Ce nter. in the heart of Las Vegas overlooking the entire Pacific Freeport Industrial Par k has LasVegas valleywith spectacular viewsof the just completed its seven-building Desert Inn GolfCourseandtheStrip. phase, ending with the construction of the Pacific Freeport building No.9. Theseaffordable custom designed suites corn­ Th is newest building features unique bine the conve nienceofa central location just steel columns with standing-seam minutes from the convention center, major roof-deck; do uble. pre-stressed con­ hotels, airport, and downtown with a productive crete an d tilt-up wall panels. Th e dock-high building has natural gas working environment. heating, fluorescent lighting. wet • Covered parking. • Beautiful courtyard sprinkler system and 480 am p, three­ entrance with fountains and lush landscaping. phase electricity. The multi-tenant warehouse is rail served and is one • Restaurant site available.· Secretarial service. mile from the freeway entrance. • Broker cooperation invited. About 4 percent of the building is office space which includes carpet, 737-8000 self-contained restrooms and store­ front windows. Th e 255.161-square­ foot warehouse can be sectioned off to meet tenant needs. Outside landscaping includes lawn. shru bs. trees and a self-contained parking lot. T he park itself includes • seven buildings on 170 acres of land INTERWEST with a total of two million square feet of buildings. 0

40 THE NEVADABUSINESS JOUANALJSeptember 1986 .. ACTIVITIES FEATURES" SERVICES UrlU T1ES .. . ~ ...... Ii. II BUILD ING/PARK NAME BUIL DING TOTAL SO.FT. ns te r.s .. ,! ...... : .: =. - c::i~ ji COMPLETION ~ ii trE !';:,:; .. 011 LOCATION AVA IL. SO.FT. r i? : ll ...~ ...'t.fi;;;~ ... "" J; ~ ~ -- -c&-" =1.. . !I= .. .. " I . ~ ~ .. ... iI:~= Q : ,! ... ;" DATE .. l! 0 :1 ~ ... ::Ii '" ~ I Ci A ~;( li.!' z- ~ LEAS ING CONTACT RENT RAN G E .. 1 "' .. u .. -; - .: i c: ~ ~ i1~ :i t:J !It i ':; ~ a ~ ~ li & , ~ i l !It ~ ~ PHO NE STORIES PER YR. '- J .. -~- , '.. I'~.. I • I .;~ E; i &_ lE 0 ... iI: u m % ... , ...... -1... -e u a: ...... u !u 3: ... A : u u z Hill Rid ge Buildin g 1958 275 Hill St. 3 5.000 n. A Reno. NV 89501 $10.20 86 John F. Royce ' 0 • Proper ty Consultants $11.40 322·5791 Indepen denc e Squ are 1986 62.000 I\. , 45 .000 fl _ 8 Reno. NV 89502 $13.80 1l Tom Cony/Dave Schuster '0 • Lands of Sierra Inc. $15.00 , 23-0807 Key st one Squ are 1985 57,000 fl. 1155 West Fourth St.,Ste 120 2 27.000 It. A Reno. NV 69503 $12 ,00 65 John Glikbarg to • • •••••1. •• Winston Management 524.00 348-0544 Kletz ke Plaza 1974 108,000 Bldg " G" sune 170. 4600 Kletzke In. , 4.885 8 Reno, NV 89502 10.80 14 Trude Twersky to • leasing Agent (See ad on pag e 42) 12.00 825-5311 Kleppe Indust ri al Parll. 1979 150,381 It. 1220 E. Greg St. , 9.061 D Sparks. NV 89431 s 6.00 15 Russell A. Ardillo to • ••1.1 • • • • The Ribeiro Corporation s 8.00 322-9153 l akean a Complex 1960 35 .600 !to 1055-1175 W. Moana lane 1& 2 1.000 ft. 8 Reno. NV 89509 $12 .60 16 Glen E. Fleming 10 • Real Prooemes ltd $16.80 323-3001 lakerldge Plaza Off ice Complex 1985 1.042 It. 6121 lakeside Dr., Suite 230 2 1.042 h_ 8 ge ne. NY 89509 $16,20 18 John Pinjuv • Real Prooerees. ltd. 323-1144 l andmark Plaza Olllee 1981 10,000 u. 5151 South Carson SI. , 6.500 It. E Carson City. NV 89701 $11.00 19 Jim Bawden ' 0 • M.S,B. Propert ies $15.00 882-5500 U berty Cente r Off lc. Bldg. 1912 85.865 350 South center St. '2C"'" A Reno. NY 89501 • ' 3 80 87 Glenn E. Fleming (See ad on Back • Real Properties l td Co.,." '500'" 323-3001 Libert y Ce nter " 425 500 ft. Liberty SlIS . Center .. 283.800 - ft. A Reno. NV " 52'''' 2D Paul co-ne to • •••• • I. • • •• Project Coordinator 52280 821-0666 l ongs Drug 1;75 sooooft. Corne r Plumb & Kietzke s 3 9lXl - n. 8 Reno. NV 89502 5 :.:0 67 Sandy Moore to • Myers Realty Inc . S·· • 827~55

McCarran Plaza :""'5 502.000 tt. 590 E. Prater 3.100 It. D Sparks. NV 89431 5"1 .:0 66 Sandy Moore 10 • Myers Really Inc. S1320 827-6655 I , THE NEVA DA BUSINESS JO URNALJSeptember 1986 41 an application, and now it takes 60 to tempted in some cases if the mortgage 90 days. Once the lock-in period ex­ company is agreeable. pires, the interest rates can change. walshew also says there is no evi­ The Scott Walshaw, administrator of dence of "pervasive fraud" although the Financial Institutions Division, there are man y cases in which mort­ Sliver Dame says his agency has received about 100 gage companies apparently failed to (Continutdfrom pagr JJ) verbal complaints and some written meet all terms of initial finan cing complaints. He says mediation is at- agreements made with customers. Development You should be at Kietzke Plaza Commission Asks For A Raise DELUXE GARDEN OFFICE COMPLEX The state Economic Development • Suites from 262 sq. ft. to 2000 sq. ft. Commission is asking Gov. Richard Bryan and the 1987 Legislature to in­ •Prime Southeast location. crease commission funding by more than a third , to nearly $2.5 million, to 4600 KIETZKE LANE. 825-5311 continue the effort to draw more busi­ ness into Nevada . Across From Convention Center Andy Grose, executive director of the commission , says the spending plan would allow for more employees, including additional rural develop­ ment staffers. And he says S75O,000 of 329·4440 Reno Industrial Products the money would be used for grants. CONVEYOR . SHELVING. CARTS . LOCKERS The commission wants, among New­ PALLET RACKING . WORKBENCHES. ROLLING other things, to create an office in SAFETY LAOOERS . FLAMMABLE STORAGE Used­ CABINETS. MATERIAL HANDLING Tokyo, Japan and boost spending for Damaged- EOUIP,. WHOLESALE FORKLIFTS promotio ns that would lure more Design. Sales . Installation movie companies into Nevada . WE REPRESENT Grose says a trade mission to the MOST MAJOR BRANDS I 100 E. GLENDALE AVE. Far East earlier this year produced SPARKS. NV. Design ' Sales . Installation . Rentals 89431 " IS active clients" interested in Ne­ vada 's location . Funding for the Tok yo office would be included in a DISCOUNT DESKS ETC. 359·DESK S150,000 international development ventures bill that would be includ ed in a bill separate from the general Economic Development budget bill. The staff of the state's Motion Pic­ ture Division would be raised from three to five members and its advertis­ WE BUILD. ing budget would more than double to S70,OOO. While the Economic Development Commission supports Grose's pro­ posed budget, there is some dissatis­ faction because of concern the agency may be trying to do too much . One commission member, Zack Taylor of Las Vegas, says the commis­ sion should try to help rural Nevada mainly, and let development agencies in Reno and Las Vegas deal directly with businesses looking for a new lcca­ tion in those urban areas. But Grose says his staff must do a lot of initial con tact .....ork with poten­ tial clients, and some of those clients 634 3 HIGHWAY SO EAST (702) 883.7069' : • would prefer to deal with the state CARSON cn:Y. NV 69701 rather than with a local agency. 0 42 THE NEVADA BUSINESS JOUAN.4. USeptember 1986 .. ACTIVITIES FUTURES . SERVICES UTILITI ES BUILD ING/PA RK NA ME BUI LDING TOTAL So.R. ce" ~ su . s- - .. E c ~JJ]e e~ &CI .. ~ 011 LOCATION COMPLETION ", :1 ~ Jl · ·~ · !!.! ~t·: " AVAIL SO.FT. i:~lio'; J: i :.. l: ...~ "" . "'- ~ J: ~ ~o:·"'E '" DATE .. 0 :1 - ~ ~ ~ 0 _ !ul ...... J: .... - A 1 a i - ClO LEASIN G CON TACT RENT RANGE .. ",,,, u .. . .. - .. - li", - J: :J: !I -", . a I'.~ .. E ~ ..~ C~ - "l.!l! -~ c :0 PHONE STORIES PER YR. :I: "_ .. . .. " ~ ~ ~ .. • t ~• 8 - • I o",'l"q'·l"·JJ: ... u za:: ...... c A u lu it '" ... u U z Meadow Wood Ollie. Plaza 1985 90.000 It. I 5250 Neil Road 3 30.000 fl . 8 Reno . NV 89502 $16.80 21 Mike Woodhead '0 • Dullel Financial & Ccnst Co. (See ad on page 141 $16.00 825-5290 MlIllntern. tional 1974 32.000 It. 3100 Mill Street 2 13.000 ft. A Reno, NY 89502 $10 .20 85 Frank S. Gallagher 10 • Preston Q . Ha le Co. $12 .00 329-4000 Mill & Termlnl 1 Pilla iseo 14.000 It. Mill Str eet & Terminal Way 1 7,000 ft. e Reno . NY 89502 $10.20 22 Glenn E. Fleming '0 • Real Properties. Ltd. $11.40 323-3001 North Hills Shopping C.nter ,,.. 225.000 II. US 395 & Golden Valley Rd 25 100,000 It. i Reno. NV $10.20 • Rick Casazza '0 • • Myers Really Inc $16.20 s 827-6655 Old Town Mall 250,000 It. S.Virginia & Peckham lane 25 20,000 n. 8 Reno. NV 89501 $10.80 68 Rick Casazza ' 0 • Myer s Realty Inc. $18.00 827-6655 Owen D1st rlbu tl on Company 1978 550.000 ft. 1235 Southern Way , 150.000 ft. e Sparks, NV 89431 21 Gary Owen • Leasing Agent 358-4010 Pace-Tek Building ' 987 12,000 It. Sparks Blvd , 10.000 It . I D Sparks. NV 89431 s 4.20 I 12 Malcolm Pace to ••• • ••••• • • • • • •• • • Pace-Tek S 4.80 766-5333 I I Pacifi c Freeport bu ilding 5 1974 116.000 930 Kleppe I n. , 28.000 D Sparks. NV 89431 2.10 25 Beth E. Mortimore 10 Pacilic Freeport Corp. 2.22 • 358-3931 Pacific Freeg ort building 6 1978 300.000ft. 962 E. Greg I. 1 26.400 It. D Sparks. NV 89431 s 2.22 27 Beth E. Mortimore • Pacific Freeport Corp. S '02.64 358-3931 Pacific Freeport building 8 1983 404.280 It. 100111141 E. GlendaleAve , 40.320 It . D Sparks. NV 89431 s 2.49 71 Beth E. MOrlimore • Pacific Freeocrt Corp. $' 20.62 358-3931 Reno Am erica Center 1974 75,000 1I. 315 Freeport Blvd 2 4,400 It. e Sparks , NV 89431 $ 3.60 74 Kathy Drake '0 ••• • •• • • • • • The Meiser Co. s 7.80 359'()313 Reno Galleria 1988 110,000 It. 370 Casazza Or. 15 110,000 It. A Reno. NV 89502 $18.00 28 Ralph Casaua/Alice Jacobsen '0 •• • ••• • • Tore. Casa Ltd $36.00 323-0430 I ·1 THE NEVADA BUSINESS JOU RNAL/Seplember 19E16- 4.3 500 new local jobs. partment of Education when it Says Cook, " Our successes will con­ selected the Gardnerville school as be­ NNDA tinue to bring dean, high-wage indus­ ing one of 270 'exemplary' schools in try to the area. I really think it goes America." Efforts beyond that however. I live in Nevada While the focus o f NNDA's work is because of the qualit y of life offered in Carson City, Douglas, Storey and (Continued/rom paRt 7) here. 1want to see to it that NNDA is Lyon cou nties, NNDA membership is able to do everything it can to main­ open to any person, business or grou p tain and even improve the quality of who wan ts to support quality growth business people desire to see the con­ life that we now enjoy. That means in north ern Nevada. NNDA phone is tinuation of NNDA efforts to bring that when my children graduate from (702) 883-4413. The mailing address is quality business to the area. school, if we are successful now, they P.O. Box 140, Carson City, NV Since Coo k came aboard with will be able to remain here and be abl e 89702. NNDA last Septembe r, NNDA has to get good jobs. By planning and processed over 700 inqu iries about the working in the direction that NNDA four-county area from prospective is, we will be able to do just that." businesses worldwide. NNDA re­ Th e NN DA board of directors in­ sponse procedures include sending cludes representatives from allover general and specific information to the northern Nevada. The board 's presi­ inqui rers. Of these inquirers, Cook dent , Bill Mathis, plant engineering feels that around 150 of these have a manager for Bentley Nevada Corp. , serious interest in the area as indicated enthusiastically supports NNDA and by multiple correspondence with the says, " I hope we can continue the prospects. Among these serious pros­ growth we have experienced. My goal pects, more than 50 have visited the is to continue to market Carson City area in the last year. and the surrounding three counties in When a prospective business takes a fashion that ....i ll benefit us all. FOR THE FINEST LINES the time to visit an area, it's " real " We have more to offer a prospec­ serious," according to Cook. " A visit tive business than just about any other OF OFFICE FURNITURE by a prospective business indicates place in the country," he con tinues. VISIT OUR that the business is actively looking for "Our state, counties, cities and STATIONERY STORE a relocation or expansion site and it schools are committed to economi c growth . We will help new businesses wants to get a feel for the community • Ample free parking it is investigating , Many factors are from the point of assisting them in weighed by a company before it de­ selecting a suitable site to financing to • Easy acce ss cides to move or expa nd its opera­ employee procu rement an d training. • Fu ll li ne o f office supplies tions. Nort hern Nevada offers man y We're determined to ma ke the transi­ • Printing for every need unique benefits ... . Carso n City is tion to Nevad a as easy and rewarding home of Western Nevada Community as possible. We wan t to develop a College. WNCC make a conscious ef­ strong and healthy business climate. A fort to work with existing and new good example of the kind o f commu­ a·carrlSle businesses to provide job-specific cur­ nity assets we enjoy pointing out to ricula that will benefit both employers prospective businesses is the recent na­ O'h"• •~PP '_ a ' ~ ,n" ~ ' e • P""'.'. 'al...... ' y Pos t 0'10". 80. " 610 and employees. Carson City is also tional recognition to Gardnerville Il..,o N...acua~ ' r home of the newly ope ned Stewart Ro­ Elementary School by the U.S. De- 1 __110:21 323- .'" botic Facility. Here students can ob-­ tain training as robotic technicians and in other computer related technical Endorsed b)" fields." S e ~'ada Manufacturers Assoc. NNDA economic development and diversificati on successes in the 1985-86 travel management , bl!'ntly " ...." " (Omp2l1y fiscal year include commitments from WE' VE BROUG HT TH E BEST I X COJf .\fERClA L TRA VEL 21 new, relocating or expanding busi­ SERVICES HO.\fE TO NEVADA nesses to come to the fou r-county area. Among these , 11 are already 24 Hour g eservaucre • Guaranteed Lo...esr Airfarn • Preferred Rare HOld s &. Cars here. These companies range from M ln a~ " mc: il t Reports • \Iee-l in!! Plannin g • F rave! Risk Mlnaj!(ment small and medium manufacturers to ~ / F 'IOU'RE SOT US1A'G A TS. rOU'RE S IM PL Y research and developme nt businesses PAYINGTOO M UCH FOR 'lOUR TRAVEL " involved in the high-tec h industry. These northern Nevada newcomers CA LL TODAY FOR FREE have filled almost 300,000 square feet (702 ) 826-6501 TRAVEL A:'ol AlYSIS (800) 824-3263 of facility space and created almost

U TH E NEVADA BUSINESS JOURNAUSeplember 1986 J,CTIVlTlES FU 1l,JRES" S ERVICES UTILITIES

:lII: BUILDING/PARK NAME BUILDING TOTAL Sa.FT. til LOCATION COMPLETION AVAIL. sa.FT. DATE Do LEASI NG CONTACT RENT RANG E I PHONE STORIES PER YR. Reno Tahoe Visitors Center '928 36,000 ft. A 135 North Sierra St. 3 6.800 It. Reno. NY 89501 s 6.00 30 Daniel C. aecnenmacner to .I... • II•• gechenmacner & Co. $12.00 786-7848 ·1· Reno Industry Center 1975 445,282 lt. 700-800 E. Glendale Ave. , 23.307 't. D Sparks, NY 89431 $ 2.16 77 Jack Teamer to • Trammell Crow Company $ 3.00 356-6118 Reno Industry Center Phase 11 1975 378.726 It. Meredith Way and Kleppe Lane 1 26.235 + It. D Sparks. NY 89431 5 2.52 76 Jack Trainor to • Trammell Crow Company 5 2 66 3~1 1 8 .. RenoPo" Bu. ine• • Par1l 1985 81.000 i 320 Western Road 1 30.000 Reno, NY 89506 380 Ii Kathy Drake • ••• • • • • = The Meiser Co '06.00 . 35g..{)313 Shaheen Business Park " 86 23,000 It. E 1445 Hot Springs Rd , 5.250 It. ca rson City, NV 89701 $ 7.00 51 Roger or Nancy •• • • • • • R L. Shaheen Co. 683·3040 Shoppers Square Shopping Cntr. 1965 190,000 It. A 370 Casazza Dr. 2 20.000 II. Reno. NY 69502 S 9.00 14 Rick ceseeee • Myers Bealty $1'05.00 827-6655 Southwesl Profession al Centre 1988 43.000 II. A 439 W. Plumb Lane , 31.000 II. Reno. NY 69509 $13.20 83 John Pinjuv • aeet Properties $16,'020 323-1144 Sparks Ind ustry Center 1979 146,500 It. D 980-996 Packer Way , 15,050 II. Sparks, NY 89431 $ 2.76 75 Jack Trainor • Trammell Crow Company $ '03,12 35&6116 SI. Mary's Medical Plaza 1981 36,000 It. A 236 W. Slxl h Street oIt. Reno. NY 89503 $11 40 47 Glenn E. Fleming • Real Prccertles. uc. 519'0.60 323-3001 Treadway Par1l Professional Cntr. 196. 7.200 E 911·919 Norlh Mounl ain St. , 1,585 ca rson City, NY 69701 9 00 48 Dr. Evan L. Allred '0 • Property Manager 10.20 682-4433 Truck ee Maadow. Busln ass Park 1985 30,000 't. C 210 Coney Island Dr. , 11,640 '1. Sparks, NY 89433 S 3.00 ••• e 55 Eel Killian • • • • •• • • The Killian Company S' 30.60 329-8833 United Circle

Insuffjcient I n f ~t iofl For listing

THENEVADA BUSINESS JOURNALJSeptember 1986 4-5 .. ilCn VITIES f EATURES '" SERVICES UTIUTIES II BUIL DING /PARK NAME BU ILDIN G TOTAL SQ.FT. . .; ..: .. .. ~ E cd .. t '! t ~ <:_ ..&0.. .: ' .. oil LOC ATION CO MPLETION .. - . ~ " .. .. t.t. "' "1 -c '"-I" AVAIL. sa.n. ~ : i I ~ : ! ~ '" ~ 2 "'i '::~ i! ~ ; i5;o !it ~ 11 DAT E .. ~ :1 .§ " S.i a ~ r 1;) ."' !: .. .. - OJ .. .. "' t lI. LEASING CONTACT .. .<: ... .. u ... ! 1. ..; = .. ~ ~ _ I J; . ;r;!t _ "' ~ D RENT RANGE .!l J t l:! ~ iIIi ", 1; i¥ l!i ~ & E~ i ! "' '' j ~ li::~ IE PHONE STORIES PER YR. 5 .. 1.:; &: :!:: ...... :

50-390 Freeport Blvd. 1978 186,051 II. 1 e Sparks. NV 89431 $ 3.60 36 Russell A. Ardillo '0 •• •• • • • • The Ribeiro Corp. S 8.40 322-91 53 155 Gla ndele Ave. 19SO 57,360 II. 1 e Sparks, NV 89431 S 3.60 37 Russell A. Ardillo ' 0 •• •• • • • • The Ribeiro Corp . $10.20 322·9153 255 Glendale Aye . 1980 28.15511. 1 e Sparks. NV 89431 $10.80 38 Russell A. Ardillo • •• • • • The Ribeiro Corp. 322-9153 745 & 755 E. Greg 51. 19SO 44,160 It. 1 D Sparks. NV 69502 s 3.60 39 Russell A. Ardillo 10 • • •• • • The Ribeiro Corporation s 8.40 322-9153 235 W. Pueblo 1985 2.900 h. , 2,800 ft. A Reno. NV 89509 $11.40 40 Susan Lewis/Mary 'ronete • • • • •• • Doyle Realty 82&-9510 46 TH E N EVADABUSINESS JOURNAUSepl ember 1986 ACTIVITIES FEA11JRES.S II.. ERVICES """'" III BUILD ING/PARK NAME . ;:: .... BUILDING TOTAL sa.FT. . .. ~ ~ ~ ~ ~ .. -. · ..;; ""~ '; -ll ..,.. t· E!!'l c. c "'....&_ c ~ 01 LOCATION CO MPLETION AVAIL s a .FT. DATE '"~ ..;2 !: .::· ~~.... t- o • • Do LEASIN G CONT ACT .. i ::l -i ::E~&j 1: 0 1:*...; 8,!I':.. .1t RENT RANGE !'l" ': u'""r~ "',;; c i Ji c 3' Do "11'" ;: ~ . ~ : I~ ~ ' C I.:J PHONE STOR IES PER YR. o ",3:~ u ~ &E iii;: Z • 'i]!>pZII: . .... 0. ... cua: .. ... uu ",I .., ...• u'hu 527 Washington St. 1983 3.200 n. A I 1.700 II. Reno. NV 89503 $ 9.38 44 Mike Willi amson Keller Really Co. • • • • • •• 78&1616

368ll Research Way 1986 10.200 It. I 6.600 11. E Garson City, NY 89701 $ 3.84 45 Gene Rossite r Rossite r & Assoc . Realtors S '03.96 • 885-7500

~ 1425 Industria l Way 1986 32.000 It . s 1 32.000 It . ~ "~ Gardnerville, NV 89410 $ 3.36 z a Gary Peterson • ~ Century 21 Clark Prop. S'0 4.80 :l 782·7111 245 Con ey Jsl. nd 1976 70.900 It. D 245 Con ey Island Dr. 1 70.900 11. Reno, NV 89502 $ 2.04 61 Loretta StarbucklKaren Aldrich • Associated Realty Corp_ S '20.28 82&&186 888 W. 2nd 5 1. 1980 12,500 ft. 3 12.500 It. A Reno. NV 89503 $12.00 41 Bill Morrison Morrison Whear Propert ies $17.4'0 0 • • •• 786-3773 1-47 5 Terminal Way 1978 15.14611. 1 C Reno, NV 89502 $14.40 41 Russell A. Ardillo • The Ribeiro Corporat ion $15.60 '0 •• • • •• 322-9153

1280 Term ina l Wa y 1978 12.485 It. 1 C Reno. NV 89502 $12.00 81 Russell A. ArdillO • •• • • • • The Ribeiro CorporatiOn 322-9153 Hard y/Freeport 1981 4.000 It. 16 Hardy Or. I 4,000 It. C Sparks, NV 89431 s 6.00 'I John Pinjuv • Real Proper ties Ltd. 323-1144 1 , l------oR-oEFi -Fo-Riil------... -... _------. , , u.. th is form to or der more copies of th is issue. , Adnrtlsers Note: Advert isers are en t it led 10 live (5) FREE copies. A ddillonal copies 53.00 each. • All ot M rs may order .. 10I1o¥w s: • Number Enter 01 Copies Amount '0 5 Copies @ $5.00 ea. • Name _ 8 to 10 Co pies @ 4.75 ea . • Compan y _ 11 to 15 Coples @ 4.50 ea . • 16 to 20 Copies @ 4.25 ea . • Addres s _ 21 or more o 4.00 ea. , _ City ST------ZIP· _ Add 50" per copy l or posta;.e: " _ Tot,, 1 eecsosec 5' _

hEY.l.OA ·ESS Journal t 1641 E. s.c.s.t: - s.u.. !-111. u s V..,.,..------. NV 8911 9 ------

- -~ NEVADA BUSIN ESS JOU RNAlJSeptember 1986 47 • Free Listings.

COMING I Statewide Office

Editorial Concept: T he Office G Uide W ill b e much m o r e tha n Ju s t a d ire ctory.It w ill b e a complete e cnco r -er package t h at W ill pro­ m o te the e n t ire state of N evada a s a ocee-e ee r e lo c a t io n d es­ tination . Feature a r t ic les W ill hig hlig h t the positive aspec ts o f our state's b ueineee e e rvrr-o rvr-ert c N e w construction e' c t avi­ t ies o f office b Uildings a n d In d u s t rial off ice p arks throughout t h e state W ill b e d iscus s ed.In c lu d e d a lso w tll b e profile s of some o f our o utstanding office comple x e s and their d eve lope rs.

Who Will Use The Guide? L e aSing agents a n d brokers, working w ith prospective t e n a nts, W ill ucmz e the G Uide to o b tain In f o r m a tio n to f acilitate t h e office mov e. Corn­ pane s s e e ki ng Inf o r m a tion o n o p e n ing, expand in g o r r e­ lo c a t in g

Building Listing: L istin g s W ill In c lu d e a ll of the In f o r ma­ t ion s h o w n o n the form o n the f aCing p a g e Offic e m a r k et m aps w ith b Uilding lo c a t io n s keyed t o e cae cjfic a reas W ill b e In c lu d e d

Circulation, 15,000: In a d d it io n to our r egular m a lf-l In g hs t s , copie s W ill b e t a r gete d to c orporate r e s

48 THE NEVADA BUSINESS JOUANAUSe pte mber '988 • Free Listings.

ECEMBER ndustrial Space Guide

.------. :r BUILDING INFORMATION FORM :, [For Your FREE Listing] ,: If you have a mvm-teoant commercial buildlna or indu strial park please fill out the form and I send it to us for your FREE li sti ng in the Off ice & Ind ustr ial Space Guide . ' f You Have More Than One BuUdlng Or Par1l: Sub mit A Separate Form For Each Type of Building D Oflice O Oflice-Condo C Off ice·Retall Shops D lndustrlal O Warehouse C Retail Shops C OUice Mixeo Use (describe) _ Building or property name' _

Street Address _ Clty Zip Code_ _ Cont act Person' _ Leasing Company _ Phone _ Address _ Clty _ Sl ate _ Zip _ Year O Under Constructi on Number Built Year of Completlon _ of Stori es__ Total Sq. FI. _ Leasable Sq. F\. Currently Available Rate per Sq. Ft. per Year: Ranges from S 10 $ _ Tnls Infofma tlon supp lled by Oale _

BUilding Own ed by Pho ne _ (For Verification Purposes Only ) D Plen e send m. an ~ Media Kit . Retu rn this form 10: Nevad a Business Journal.. 601 1 s-sel, Suit e B·117, Las Veg.., NV 89119 or Phone 361-1085

ACTMnES FEATURES & SERVICES UTILITIES Please Check The •, , Appropriat e , •, Boxes : = =~ OO OO ~------_. 55 JOURNAWSept ember 1986 49 New Kid On The Block

struction, mining and emergency uses free agents used in diabetes detection. The Cabinet Tree such as sandbags.The company em­ Paulas says he will initially employ 10 ploys six people. people. Over the next two years, the The Cabinet Tree, with its home of­ company plans to manufacture high­ fice in Salt Lake City. expanded its tech rapid screening tests for various Rexham Lamlnlx diseases and increase its workforce up operations ( 0 Nevada because of the growth boom in both the north and to 80 people . south regions of the state. Ma kers of laminating film for such With two locations in Salt Lake City uses as photo identification tags and Syntech and one in Las Vegas, the compa ny es­ driver licenses. Rexham Laminix has tablished another center in Spar ks "to opened a Nevada division in the better place products in the northern Meiser Building in the Pacific Freeport When International Gaming Tech­ Nevada markets," explains Dennis Industrial Park in Sparks. nologies purchased $11 million in Syn­ Carter, a division manager for the Although the compa ny has sto res tech shares, it was enough incentive company. " in jus t about every state," accordi ng for Syntech to relocate to Sparks. The cabinet-making company to Bob Smith, facilities manager for Now located in the IGT building at moved to Sparks in the summer of the Sparks operation, the Nevada op­ 520 S. Rock Blvd.• the firm manufac­ 1985 and employs five people. Located eration is uniq ue in that it's thedistri­ tures and distributes several types of at 1271 E. Glendale Ave., the com­ bution center for the company's West­ computer machines. pany manufactures and distributes the ern market. One of those compute rs is the PAT Merillat Kitchen Cabinet line along " The company chose Sparks be­ 2000 (Player Activated Terminal). a with its own custom cabinet line. the cause it has central shipping and be­ lotte ry mach ine that automatically Cabinet Tree. cause there were attractive warehouse pays off the player. and shipping facilities available," Originally based in Dallas, Texas. Smith says. the company moved 20 of its 70 em­ western The company. with home offices in ployees from Texas and hired 25 in Plastex Company Charlotte. N.C. , is located in the Reno Nevada. Gordon Graves. president of America Building in Pacific Freeport Syntech expects the workforce to dou­ Industrial Park. In addition to pro­ ble over the next couple of years. The amicable at mosphere of Reno ducing film. the compa ny sells and dis­ was the attraction for the Western tributes laminating machines and pro­ Northern Plastex Co mpany which moved its op­ ducts. erations to the RenoPort Business Neva da Equipment Park in January. " We hap pened to like the people in Immunex After working for a local painting northern Nevada. They're friendly contractor for 10 years, Allen Ghislet­ and helpful," says Howard Hershle­ ra, president of Northern Nevada der, vice president of the firm. Tired of the hustle of the rapidly ex­ Equipment, decided the area needed a Other factors drawing Western panding San Diego area. lmmunex, store that would rent better products Plastex to Nevada included the state 's maker of diagonic free agents. decided to local and out-of-state contracto rs. lenient tax structure and its central 10­ to relocate its operations to Ca rson "It costs you a [at of money to rent cation to Oregon. Washington , Colo­ City. equipment that doesn't work," Ohis­ rado. Califo rnia and Utah-all areas The firm plans to open its opera­ lena says. " We are providing new the company hopes to serve. tions around Sept. 1. according to equipment alo ng with a service pro­ "The Reno-Sparks area has excel­ Heinz A. Paulas, president of the gram so loss of prod uction and labor lent facilities for warehousing and company. is minimized." shipping compared with those in Sa­ " We decided to relocate in Ca rson Some of the equipment the com­ cramento and we found we like the City because it is a more friendly at­ pany rents, sells, leases and services area better," Hershleder says. mosphere than San Diego and the tax are generators, compressors and ma­ The compa ny manufactures and climate and real estate buys are much terial and manual lifts. distributes a type of bag made out of better." Paulas says. The company is located at 340 woven polypropylene. The bags are The company manufactures and Western Rd.• in Panther Valley north used in such areas as agriculture, con- distributes immunizational diagnostic of Reno, and employs four peop le.

50 THENEVADABUSINESS JOUANAUSeplember 1986 dustrial Park, the company will open Nevada division. Beneficial its Nevada operations on Sept. 1. It Listed in Forbes magazine as one of Life Insurance will initially employ five people, and the top 200 companies under $3 mil­ will man ufac ture spark plugs and lion, the company produces and distri­ windshield wiper blades. Beneficial Life Insurance, a national butes plastic injection moldings, paper insurance company, was lured to the conversions and hand-held machines for business and personal use that seal Truckee Meadows a little more tha n a Hlltl year ago to take advantage of the po­ docu ments and printed material for tential growth predicted for the area, permanent protection and profession­ says Reno Manager David West. Hilti, a concrete manufacturing al quality. " We had quite a number of custo m­ company, is expanding its Sparks op­ Since the move the company has ers and agents in the area and with the erations in the Pacific Freeport Indus­ added 20 employees to its staff, growth potential looking very good, trial Park. bringing the total to 80 employees. we decided it was a good foundation The com pany, which produces con­ in which to locate an office," West crete fastening systems, has been in the Clarkson Company says. state since 1974. The expansion will in­ The compa ny is located at 5270 Neil clude 10,000 square feet. To date. Clark son Company, a manu factur­ Rd., and employs nine people. there has been no expansion in the er of liquid chemical reagent feeders West says the company is looki ng workforce. for mineral processing, considered into opening offices in Carson City many Western cities before moving its and Elko. Beneficial Life serves ap­ operations from Pa lo Alto. Calif., to proximately 2,000 clients in the Reno­ Gilm o u r Sparks. Sparks area. " We felt for our circumstances that Pennsylvania-based Gilmour com­ the Reno-Sparks area offered the best voight Sports pany opened its first distributio n amenities," says Orner King, vice pre­ center in Sparks this month. sident of administration for the com­ The company was attracted to the pany. Some of the attractio ns in the Voight Sports , with headquarters in area because of the central location area for this firm included Univer­ Rochester, N.Y., has established a and ideal shipping and warehouse fa­ sity of Nevada-Reno Mackay School warehouse center in the Pacific Free­ cilities available in the Pacific Freeport of Mines, the U.S. Bureau of Mines port Industrial Park which will handle Indu strial Park . and its central location from Portland, 90 percent of its importing operation. The firm, which will employ be­ Ore., and Sacrame nto. Calif. , where David Goldman, president of the firm, tween three and five people, manufac­ the company's largest suppliers are. savs the move to northern Nevada was tures lawn products such as hose, noz­ " We do a lot of transportation by a natural one because " it's a central zle and sprinkler components. trucks and Reno is a good. if not bet­ location to our Western market and ter, area for this type of transpor­ includes many transportation savings tation than the Bay area," King says. for us." veloBind " We also do a lot of air transporta­ The company, which hopes to open tion, and having a major airport in by Sept. 1, manufactures inflatable Velojlind , a plastic man ufacturing Reno was anothe r factor. sporting equipment, athletic swimwear company. moved its operations to the " Plus the people in this area are and exercise equipme nt. Free Trade Zone (FrZ) in Sparks, ex­ very friendly, we have been extremely panding to 100,000 square feet at 850 happy with the personal greeting ex­ Spice Island Dr. The move came afte r tended to us, all the way up to the Champion the company's subsidiary, Beaton governor." he adds. Tool & Die, was phased out and the The compa ny was founded by l .R. Labor and transportation costs were company decided to make Sparks its Clarkson when he invented a liquid enough incentives for the Toledo. regional distribution center. chemical reagent feeder that is used in Ohio-based Champion company to l0­ " The company decided Spark s was flotation mineral processing. In addi­ care its Western headquart ers to a good idea because of the FTZ and its tion to feeder production, the com­ Sparks. shipping location," says Susan Ham­ pany also manu factures a variety of Located in the Pacific Freeport In- lin. human resources manager for the slurry valves. 0

THE NEVADA BUSINE SS JOURNAUSeptember 1986 S1 lieve the secret to creating a successful environment and they're on spacious Business business par k is location . Meiser disa­ sites." grees. He feels the key is understand­ Frank Gallagher, senior partner Parks ing the economic trends. with Preston Q. Hale Co., agrees (Conlin un/f rom paI r J9) " From my point of view it's with Meiser's obser....arion. Preston timing," he says. " It's kno....ing when Q. Hale has been in operation for 30 to build the right things at the right years and is primarily a leasing agent. can either continue to operate it after time." The firm brings in a tenant and lets it is fully occupied, tum over it's op­ Out-of-state companies are particu­ him decide where he wants to operate eration and ownership to a tenant's larly attracted to Nevada because of his business. Gallagher refers to the associa tion. or retain ownership and the natural resources and other advan­ parks as " incuba tor space." simply "rent" or lease out space to tages it offers. For example. he says. " There are a lot of industrial types tenants. Some park s where a tenant' s one of the biggest draws is the fantas­ who say they're attracted to Nevada association has been formed charge tic climate, then it' s the convenience of because of the cost of doing business monthly membership fees to finance transportation up from Reno and and the climate and excellent geogra­ the upkeep of the park. Sparks, the Reno Cannon Airport, phical distribution, " he says. Contro lled ownership is one of the and the absence of state income tax, "Operational costs are lower here key advantages for a prospective bus­ inheritance tax and inventory tax. than other places such as California. iness park tenant. Covenants or te­ Reception by the communities and And that's a big factor in helping Ne­ nant records clearly outli ne what kind vada draw new business." Gallagher of development may be built in the adds. park . how it may be decorated. and While he doesn't think business even what kind of tenant may locate Often corporations parks are more popular than in the in the park. This assurance lets the past, he does see an increase of new prospect know that his original ln­ use business parks businesses which are expanding and vestment will be protected, at least as diversifying their operation. making far as its physical values are con­ as an initial move the growth of par ks more a function cerned. into an area to test of market gro .....th than anything else. How are business park s affecting "I would say they are more appeal­ the industrial and office environment the economic ing and a lot are well-constructed and of northern Nevada? Reno developer well-thought out. Yet. again. it boils Vern Meiser, of Vern Meiser Enter­ waters. down to what the tenant wants. A lot prises. feels the effect has been a pcsi­ of tenants we' re seeing up here in tive one. Reno are distribution-oriented and " There probably were no business local government has been nothing but lean to.....ards having their office space park s 12 years ago. There was nothing positi....e. Meiser says. Communities combined with some amount of ware­ but warehouse distribution facilities. look favorably on .....ell-done, aurae­ house storage." But since then there have been a num­ tive business parks. Gallagher lists several reasons why ber of industrial park s built and that " And that 's what we do," he adds. companies are attracted to parks: are still being built. I guess it' s like "We don't build anythi ng that 's not a First. it's the user who dictates everything else. like cars with more credit to the area. But just like every­ whether he needs the storage space. gadgets and so on. lndustrial parks of­ thing else you can get a dingbat car Second, typically these parks are con­ fer more conveniences, better access. and you can get a Porsche." structed in the suburbs, which is much better working conditions. better land­ No matter what you call them-in­ cheaper than in downtown and usually scaping, adequate parking. air condl­ dustrial parks or business parks. the in a more pleasant area. Third. par k. tioning and proximity to arterial trend is gaining momentum not only ing availability is better. It's cheaper streets and highways." in the Reno-Sparks area but in Carson for the developer to acquire the land. Meiser says his company has com­ City.Minden and Gard nervilleas .....ell. so consequently the rent he charges is pleted several projects for Dallas­ says Meiser. who has been in business less. based Trammell Crow Co.• one of the for 22 years. The romance ....i th business par ks in largest developers in the world. One of " Twenty to 2S years ago the Reno­ northern Nevada is slo.....ly developing, them is the Reno-Sparks Industry Sparks area looked a lot like Minden. and wi th the help of the commu nities Park and the other has no specific Carson City and Gardnerville do to­ and state government it promises to be name. Both are located in Sparks. His day. So what you have been made a solid relationship. company also developed a park for it­ aware of subsequently are of the Quite frankly. Gallagher says." I self called Renoj'ort, located in Reno. events of the last 2S years b)' the pe0­ think we're going to continue on with and another called Reno America ple promoting this sort of thing. The a good steady growth here. I think we Center in Sparks. industrial areas of northern Ne....ada in have to credit the state economic de­ " That' s about 80.000 square feet in general are all located with good ac­ velopment efforts as being successful general, with over 100 buildings in the cess to free.....ays and arterial roads. and ongoing with wide support for lo­ last ten years or so," Meiser says. They're located in good environmental cal business-and that team approach While some real estate agents be- areas that don't pose a problem to the has worked out well." 0

52 TH E NEVADA BUSINESS JOURNAUSeptember 1986 RANKING RANKING Nevada's Nevada's TOp 50 TOp 100 Public Private Companies Companies

NEVADA BUSINESS Journal is com­ NEVADA BUSINESS Journal is com­ piling information on Nevada's publicly piling information on Nevada's top pri­ held companies for its annual ranking of vately held companies for its annual "Nevada's Top 50 Public Companies" ranking of "Nevada's Top 100 Private which will be published in an upcoming Companies, •• which will be published in issue. The specific issue will be an­ an upcoming issue, The specific issue nounced.If you think your company or will be announced. If you think your some other company would be among company or some other company would "Nevada 's Top 50 Public Companies " be among "Nevada's Top Private 100" please f ill out the form below and mail please fill out the form below and mail to NEVADA BUSINESS Journal. to NEVADA BUSINESS Journal. Remember, though, the company Remember, though, the company must be headquartered in Nevada and must be headqu artered in Nevada and not be a subsidiary of any company not be a subsidiary of any company headquartered outside the state of outside the state ofNevada, nor be a sub­ Nevada. sidiary ofa publicly held company. Cooperatives, brokerages, and tax ex­ Cooperatives, brokerages, and tax ex­ empt organizations are not eligible. empt organizations are not eligible.

~------,I ------j, Nevada ,, Nevada i Business "'"...., Business"..,,·.., 1641 E. Sunset Rd., Suile 8·117, Les Vegas, NV 89119 1641 E. Sun.et Rd., Suile 8·117, l as Veg as, NV 89119 PUBLIC COMPANIES PRIVATE COMPANIES I suggest the foll owing company be included I suggest the following company be includ ed in your ranking of " Nevada's Top 50 Public in yo ur ranking of "Nevada's Top Private Companies." 100." I Company: _ Company: _

Address _ Address: _

City Zip _ City Zip _

Contact _ Contact _

Tille::======-Phooe ( TiUe::===:-::::::=Phone ( THE NEVADA BUSINESS J O UR N A lJSePt~ =e' -see 53 Executive Suite

Ronald Zurek Claire H. Young Dr. Chris Rogers Pat Kirkwood

Robert Culp James V. Bradham Tim Carlso n Randall V. Capurro

Ronald M. Zurek, manager of the tiona! account customers. Young has as president of the Clark County Retail Banking Group of First Inter­ served as an assistant vice president in Chapter of AlB. The organization, state Bank of Nevada, has been named National Accounts since last October. which offers banking education for executive vice president. An IS-year She joined FINV in 1982. ba nkers, is the largest provider of ban king vetera n, Zure k first joined ad ult education in private industry in FINV in May, 1981 as vice president Chris Rog ers , M.D., was appoint­ the country. Nevada has an enroll ment and manager of the Financial Plan ­ ed medical director of the Radiology of nearly 3, . ning Department. He left in April, Department at Commu nity Hospital 1982 ( 0 join Security Bank of Nevada of North Las Vegas recently. Rogers Bob Culp, president of the Nevada as execut ive vice president and chief fi­ completed medical school at Howard Development Authority, was ap­ nancial officer, returning to FINV in Univers ity in Washington D.C. , and pointed to the Dean's Ad visory Coun­ April, 1985 as a senior vice president interned at Brook General Hospital in cil ofthe College of Arts and Letters at in the Finance and Information Ser­ San Antonio. He moved to Las Vegas UNLV recently. vices Group. He became head of the in 1973 and has served on the staffs of Retail Banking Group in September , four area hospitals. J ames V. Bradham, president of 1985. American Bank of Commerce, has Pa t Kirkw oo d, a vice president of been reappointed to a third year 's term FINV also annou nced that Cla ire Ame rican Bank of Com merce. has as a member of the Advisory Board of H. Young, corporate finance officer been elected state chairman of the the Community Bank ers Council for in the Corporate Ban king Division, Ame rican Institute of Banking. A the American Banking Association. has been named a vice president in Na­ 13-year veteran of the Las Vegas The council serves as the leadership tional Accounts, where she will contin­ banking industry, Kirkwood joined group for the Ame rican Banking As­ ue to guide a team of corporate fl­ American Bank of Com merce in 1980. sociation. There are 150 members in nance officers serving the ba nk's na- For the past two years she has served the cou ncil, including two representa-

54 THE NEVADA BUSINESS JOURNAUSeptember 1986 Howard Wells, Jr. Karen Olsen Dan Rotunno Paul Niday

Roger Heath Nancy Balentine William 8. Hammond Jeanine Hodson rives from Nevada. More than 1O,()()(J Pioneer Citizens Bank also named tunnc first joined Valley Bank in 1969, banks around the country are eligible Howa rd Wells, J r. to its board of di­ in the installment loan department. He for membership. rectors. A native Nevadan,Wells has advanced to senior vice president and long been active in both Reno and Las manager of the Charleston Heights Tim Car lson , former executive di­ Vegas civic affairs. Wells currently branch during his lj-and-a-half years rector of the Nevada Development serves as president of his family's con­ with the organization. Authority, is returning to Nevada to struction firm, Wells Cargo Inc. join The Ribeiro Corp . Carlson has Bently Nevada has promoted Pau l been named special projects director Reno-based Communication by De­ Niday from software programmer to for the Las Vegas-based general con­ sign, a full-servicegraphic design firm, engineer, upon Niday's completion of tracting and development company. got a new limited partner in Karen his masters of science in computer sci­ Prior to taking the position, Carlson Olsen, a graphic designer formerly ence from UNR. served as president of Cemo Inc., a with The Baker Group. Olsen will be privately owned development com­ responsible for graphic design, illus­ Bently Nevada also pro moted pany in Sacramento. He was head of tration and art direction for the com­ Roger He ath from engineer to pro­ the NDA for six years before leaving pany's clients. ject engineer. Heath has worked for Nevada in 1984. the company since 1975. After a three-and-a-half-year ab­ Ra nd all Ca purro has been named sence, Dan Rotunno has rejoined Nancy Bale ntine of Phoenix­ to the executive committee of the Valley Bank of Nevada as regional based JPK Management has been Pioneer Citizens Bank board of direc­ vice president. Rotunno's duties in­ named district supervisor of Pacific tors. Capurro has been the director of elude overseeing the Industrial, North Harbors I and III in Las Vegas. The the board at Pioneer Citizens since Las Vegas, Plaza and Rancho branch­ 168-unit Pacific Harbors I is located at 1975. es of Valley Bank in Las Vegas. Ro- (Continued on page 62)

THE NEVADA BUSINESS JOURNAL/September 1986 55 In Ouest Of project Approval N orthern Nevada is sp urting up like a lanky teenager, and it 's the j ob of city and county boards to make sure it grows up straight. But some developers think they go too far.

...... ;;;;;;;; By Joanne Eshow-Faretto "

hile northern Nevada is part ments within each governmental and could be expedited. "Since the in the midst of a major entity are cooperative while others are building department is a revenue-gen­ building boom,Reno is not and , in fact, seem to be uni­ erati ng arm of the governme nt, staff W still making it difficult formed. Hamilton agrees there is a members should be added to ta ke on for area developers to get their pro­ growing number of restrictions with some of the heavy work load." ject s appro ved. which the developer has to contend. Vice-President of Helms Co nstruc­ President of Q&D Construct ion in " Certain rules and regulations are ne­ tion Co. in Spar ks,Paul Helms, says Reno , Norman Dianda says his com­ cessary, but others are a waste of time his company has had nothing but co­ pan y has received an adequate amount for the government entit ies and the operation from Reno, Sparks and Wa­ of cooperation from Sparks and shoe County . He recognizes the in­ Washoe County but not from Reno. creased amount of restrictions but says " The city makes it difficult at the there are " none tha t aren't needed be­ council level. I think they're trying to "Since the building cause of so much growt h going on. " contro l Reno growth by making it dif­ Helms contends the time it takes to ficult to get projects approved. At department is a obtain a building perm it has not in­ times they cooperate, at others they revenue-generating creased. " You still have to go th rough don't. I have had a good rapport with the channels but we have not been held the city but they still do things that up­ arm of the govern­ up for any unusual reason . Both the set me." cities are different, but you get the Accordi ng to Diand a, it takes ap­ ment, staff members same result. The things they are asking proximately six months, sometimes us to do are needed." longer, to obt ain a building permit in should be added to Greg McKenzie, president of Reno. "We should be able to get it take on some of the McKenzie Const ruction Inc. in Reno, within 45 days," he says. says it recently too k him two weeks to Restrictions and regulations im­ heavy work load. " get building approval for a shopping posed on developers have been in­ center in Sparks. He waited three creased in northern Nevada and , ac­ Steve Hamilto n, real esta te developer , months for approval on the same cen­ cording to Dianda, are not always Murphy Brothe rs ter in Reno. McKenzie explains that clear cut. "Sometimes in the early the difference in time is partly due to planning stages you' re left hanging dry Reno's major projects review board. because you don't know what's going contractor," he says. " If you' re over 40,000 square feet in on." Wasted time means wasted money. Reno you're required to go through Murphy Brothers' real estate devel­ The approval process, according to MPR. This is one of the items that oper Steve Hamilton says certain de- Hamilton, takes longer than necessary probably isn't needed."

56 TH E NEVADA BUSIN ESS JOURNALlSeptember 1986 ...""'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''... LOCAL COOPERATION ...""''''''''''''''''''''''''''''''''''''''''''''''''''''''''...

McKenzie is also the president of General Partner of R&S Invest­ Rezoning is another aspect of the the Associated General Contractors. ments in Sparks, Tim McDonald, says developer-government relationship. He says the AGC has been meeting the time it takes to obtain a building "It's a lot of hard work and in­ frequently with City of Reno officials permit vades for each government en­ volves a lot of papers, but we've been in an attempt to streamline the build­ tity. with Reno being " the most diffi­ successful," says Dianda. " However, ing permit process. " I can't tell you cult to get to. I don't feel the city (Reno] is specific why we have these problems, we just "Where you used to have three or about land use and what can go where. do. However, the attitude of the new four small things to take care of before That has been proven by property that city manager [Hal Schilling] is such obtaining a permit (to build a house] has been zoned for hotel-casinos but that I think we can work some of these you now have to or I I." has not been able to be built on by things out." Mcljonald suggests simplifying the hotel-casino developers." McKenzie describes the Reno Build­ process by setting up a regional build­ When dealing with rezoning, Dian­ ing Department as a bottleneck opera­ ing department which would handle da says the Reno City Council does tion. " There are some very good peo­ Reno, Sparks and Washoe County not favor either developers or resi­ ple in this department, but they can't project approvals. " They' ve talked dents but rather " tends to listen to get the work out on time. I think this is about this before but have never done whoever speaks the loudest. At times simply due to a lack of personnel." anything about it," he says. they close their eyes and just give ap­ proval to whoever screams the loudest." Hamilton comments, " They have an impossible job to do when it comes to rezoning and trying to please every­ one. I think it has been handled on a case by case basis." " We have no problems with rezon­ ing," says Helms. " The cities are spe­ cific about land use and judge each case on it's own merit." McKenzie contends land use guide­ lines are vague. " They' re not exactly clear about what can go where. but they're trying to be. They've been get­ ting better." "Sparks' guidelines are clear cut; Reno's are not," says McDonald . In general, each developer praises the planning and engineering depart­ ments of Reno, Sparks and Washoe County. They agree that these depart­ ments are knowlegeable and cooper­ ative. It' s the Reno City Council and Building Department, they say, that are delaying Northern Nevada developers. 0

"The city makes it difficult at the council level. I think they 're trying to control Reno growth by making it difficult to get projects approved. A t times they cooperate, at others they don 't. "

Norman Dianda. president. OlD cee­ sttuetion

THE EVAO A. B(JSINESS JOURN"L~"'" 51 ""''''''''''''''''''''''''''''''''''''''''''''''''''''''''..... OFFICE OVERV lEW ""''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''i

jeer slated for downtown, Liberty represents one area that can support a Center, is in the planning and pre­ project of this type." He anticipates Office construction stage. Major Project Re­ that prior to the opening of Liberty Overview view by the Reno City Council was Center, a significant portion of the (Conrinlledj rom pa" 9) obtained in April, and construction office space would be pre-leased, will begin "as soon as all the factors " based on market research results. come together satisfactorily," accor­ " Looking at the downtown Reno Bruckner. " It's our opinion that the ding to project coordinato r Paul Cur­ area, you get an idea of the type of downtown office market is becoming tis. The developer is Joe Burkhardt & client that needs to be there-finan­ ready for another office complex, but Associates. cial, legal, accounting, stock brokers, of a different kind. The quality and Liberty Center would encompass some corporate headquart ers," con­ the level would be along the line of a an entire block in the city's growing tinues Curtis. "We're also hopeful Grade A, top-notch project. The financial-business district. It will cost that our efforts, in conjuctic n with building will be a multi-story, multi­ an estimated $5()..S6Q million and will those of EDAWN and the state Com­ faceted structure. .. with good, free­ include a 17-story office tower con­ mission on Economic Development, standing identity." taining approximately 280,000 square will be successful in attracting more The Dant building will contain ap­ feet of leasable space. The design major corporate users for the area . proximately 150,000 square feet, and allows for addition of a second office "Right now," he says, " if a major Bruckner estimates the amount of tower as market conditions warrant corpora te office user wants to relo­ downtown office space that will be it. A two-level enclosed mall willcon­ cate to the West, Reno represents an available upon completion of the new tain about 66,000 square feet in retail ideal location for a lot of reasons. But building could be absorbed in about space. there's no space downtown of the two years. While the office market is overbuilt quality or size that would accommo­ " We feel the downtown market is nationally, Curtis says, " there is still date that kind of user [requiring healthy," he says. "It' s currently a strong interest on the part of inves­ 30,OOO- plus square feet]. So when fairly full, with a vacancy level of tors in quality properties. They're be­ EDAWN goes out to market North­ about 6 or 7 percent." coming very site-specific as to where ern Nevada to major corpo rate office Meanwhile, the second major pro- those properties are. We believe Reno space users and comes up with a pros-

58 THE NEVADA BUSINESS JOURNA LJSeplember 1986 "It's our opinion that the downtown office market is ready for another office complex, but ofa different kind. The quality and the level would be along the line of a Grade A, top-notch project. ..

Steve Bruck ner, senior partner, Preston a . Hale Co., shown (right) w ith Fra nk Gallagher, senior partner

of new office space. Reconsolidation of space resultin g from the moves of two large office users into new quart­ ers has also played a part in softening the market. Says Preston Q. Hale's Bruckner. "The suburban office market is sub­ ject to higher vacancy rat es becau se the completion of several new office complexes has brought on line sur­ pect , until Liberty Cent er and the There are two major problems to plus office space- not because the Dant building are built, there will be be addressed, he says. "One, there projects are surplus, but because of noth ing to show them." isn't really anybody that has actively the reconsolidation of space. It has Curtis add s that corporate office promoted that type of business in affect ed space availability, rates, users usua lly are not willing to wait Reno. And two, the space that na­ etc." around to get the space they require. tional and regional companies nor­ The new office buildings include Accommodating these potential cli­ mally require in terms of size. quality the 93,OOO-square-foot Mead ow ents is what developer Joe Burkhardt of finish, prominence of location, Wood Office Park. developed by hopes to be able to do with Liberty etc., really doesn't exist here. Duffel Financial and Construction Center, but he sees a need for a con­ " If you look at the inventory of Co., and the first building in the certed effort to bring mo re of them space available in down town office Lands of Sierra office par k, Sierra into the area . . buildings," he continues, "Reno Plaza Office P a r k. The Noting the success of the program doesn 't have that much to offer. So 347,OOO-square-foot building is oc­ undert aken a few years ago by private the success of selling Reno as a major cupied by Sierra Pacific Power Co. and public entities to promote the regional office location depends on The power company's move into new Reno area as a major wareho using whether or not you have the pro­ facilities, along with Nevada Bell's center, Burkhardt suggests a similar ject-the type of buildings and space move into newer, smaller quarters. approach could be employed to esta­ that corporate users are used to, accounts for the add ition of more blish the city as a major regional cor­ that's available in places like Denver, Class B space to a marke t saturated porate offi ce center . Salt Lake City or San Francisco. with unoccupied space in that seg­ That's the type of space we've com­ ment . mitted to build ." Pinjuv thinks the suburban market " In my opinion, l easing activity in me airport seg­ "will probably pretty much continue ment of Reno's office mark et is re­ in the same pattern. One reason is most Of the space that's portedly brisk, with a vacancy rate es­ that there are a number of proposed vacant around town is not timated at IOpercent or less. The first projects for the South Virginia Street what you'd call prime. It's phase of the 200-acre Dermody Busi­ area that will add to the existing adequate, but not prime. ness Park that's being developed east space. Older buildings in the suburbs Most of the sophisticated of Reno Cannon International Air­ will have a tough time att racting port is completed and said to be fully tenants because they have brand new companies want prime space. " occupied. Two of the occupants at buildings to compete with." Ralph Riggins, vic e president and limited the park are the PSA reservations Mike Woodhead is a leasing agent part ner, Duff el Financial and Construc­ center and a Spiegd catalog center. under contract with Duffel Financial. tion Co., shown (standing) wit h Mik e In the suburban office market. the He says the market is " quite good ." Wood head, leasing agent vacancy rat e has been boosted by the "The project we have he re recent addition of several ~ Wod s (Meadow Wood Office Park) is the

r-e N='iA!)A BUSINESS JOURNAU5epl ember 1986 59 ..,;; OFFICE OVERVIEW ..,;; ~)

only new suburban, garden-style of­ statistical analysis of the market­ foot range, he observes, " If someone fice project in the Reno-Sparks place, you would say there' s no need needs anything above, say, 3,000 area, " says Woodhead. "There are for it. But looking at it in terms of square feet of nice space, they don't two three-story buildings, each con­ Class A space, there' s a big need for have a choice. There are a few spots taining about 45,000 square feet of it. Anyone who is concerned with downtown, but not much." Class A space that leases for $1.40 per their image is not really going to go Developers such as Ralph Riggins, square foot, gross. The first building into Class B." vice president and limited partner of was completed last July and was 100 To illustrate his point about the Duffel Financial and Construction percent leased by October. The se­ need for more Class A space, the leas­ Co. , are gambling that the demand cond building is being completed ing agent tells about a recent incident for Class A space will continue to now. It' s 35 percent leased and involving a prospective major corpor­ grow. Riggins just completed the should be filled, effectively, within ate tenant from Boston. Meadow Wood Office Park project anot her three months." " The man was looking for about and is at work on another office pro­ Woodhead says that what the pre­ 20,000 square feet of tOP quality ject in the same vicinity. Still to go sent level of demand for office space space," says Woodhead. " He came before the planning commission, the is "depends on what you want. In into the area expecting to find quite a new office complex would contain Reno, there's a lot of Class B office few choices, but of the eight buildings approximately 80,000 square feet of space vacant-maybe 200,000 square I showed him, six were totally unac­ space and would be built on 4 Y.t acres feet of it is available. But the market ceptable to him." on Meadow Wood Lane. is more for Class A space right now. While there is quite a bit of space "It's a very big gamble, building If you look at it in terms of a purely available in the 1,500-to 2,500-square- one of these buildings on spec," Rig.

60 THE NEVADA BUSINESS JOURNAUSeptember 1986 ;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;0;;; OFFICE OVERVIEW ;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;

"We're very excited about the market. There's a f air amount ofproduct on the market, but it seems to be absorbing quite well.

Ted Stoever, pres ident, Real Properties Ltd. , show n (right) with Glenn Fle ming, leasing manager

gins acknowledges." You're talking $7 to $8 million. But we have confi­ dence. We think that out of northern California there might be some com­ panies that wou ld like to move to a better environment for doing business and establish themselves in the Reno market. "We can supply office space for a lot less tha n in the East Bay Area, less than in San Francisco, and hopefully less than in Sacramento, which is ta k­ ing a lot of the northern California business now," he adds. Riggins' assessment of the demand for mo re Class A space in the area is similar to Burkhardt' s. " In my opin­ and rent mediocre space. Most com­ concentrations are higher in that sec­ ion," says Riggins, "most of the panies won't wait a year (for a tor. We do n't have to market as hard space that's vacant arou nd town is building to be built to meet their in warehous ing and distribution be­ not what you'd call prime. It' s ade ­ needs). Clients won't come into town cause Reno-Spa rks is alread y known qua te, but not prime. Most of the so­ unless the space is here for them to for that. " phisticated companies want prime move into," he says. Shriver says EDAWN is currently space. So, based on the premise that " if working with some clients who could "If we're going to try to entice na­ you don ' t have the building up, you become major corporate office users tional or regional companies to set up can't lease it," Riggins continues to in this area. headquarters here, we' ve got to pro­ build the space to attract the ten­ With all the office projects under­ vide space in quality build ings. ants- hoping the economic develop­ way and planned for the near fut ure, They're not going to come to town ment people will increase their efforts havi ng an ample supply of Class A to attract the tenants to fill the space office space shouldn't be a problem he's building. within the next few years. " Reno wants to attract high " I've been trying to convince Future tenants will be able to find quality businesses to the area. EDA WN to go af ter corporate com­ office space in a wide variety of facili­ panies... . They spend the money, ties and locations, from high-rise But no corporate tenant is go­ buy the cars , buy the homes. The tax buildings dow ntown to garden-style ing to say 'You put up a Class base on my buildings is higher than office park s or office-condos in the A building and I'll move to on warehouses, and they don't tak e suburbs. Reno. • The building must go up as much land," Riggins says. The office-condo concept is relative­ up first, which means the Bob Shriver, associate director of ly new to the area. Q&D Construction , heavy f inancial responsibil­ EDAWN, says the organization 's in a joint venture with Frontier Sav­ new plan proposes devoting more of ings &Loan, broke ground in J une on ity-the gamble-Jails to the its efforts to attracting the "corpor­ such a project. Lak eside Crossing is developer. And we need a ate clientele." described by Q&D President Norman more positive attitude on the " We're going to concentrate on Dianda as a planned-unit-development part ofcity and county gov­ bringing in more service-related busi­ project that will be comprised of nine ernment. Currently it is entire­ nesses, corporate headquarters, office buildings contai ning a total of etc.,.. Shriver says. "We pretty much about 60,000 square feet. Two of the ly too negative. .. want to attract the office and techni­ buildings are three-story, the rest, two­ Presion Q. Hale cal people, as well as cont inuing our story. The buildings will be built as effort in manufacturing because job they are sold, Dianda says, with some

TH ENEVADA BUSINESS JOURNAUSeptember 1986 61 ... "'" OFFICE OVERVIEW ...

probably do ne on speculation. the tax reform legislation pending in new businesses coming into town and "It's a very high quality office Congress, " I'm pretty sure that the a local econo my that is "great," from complex that will be somewhat differ­ highly leveraged tax shelter type ofde­ his perspective, the outlook for the ent," according to Dianda . Comple­ velopmeru will be a thing of the past. industry is bright. " I' m loo king for­ tion of the SID-million project is sche­ So tax attributes would play a lesser ward to an awfully good business cli­ duled for Ju ne or July 1987, with and lesser part in planning such devel­ mate," he says. some of the buildings to be available opments." With millions of dollars at stake, as early as January or February. It is BUl Gilbert, who is the local part­ it's a scenario developers and inves­ being built at the corner of Lakeside ncr-in-charge for Arthur Young & tors in the office space development Drive and Moana Lane in southwest Co. , says that "lith the number of business are counting on. 0 Reno. Regarding the current office mar­ ket Dianda says, " We see it as strong. Looking down the road, I think there' s a good market for a couple years ahead . Right now the space is being absorbed. REALTORS® " The biggest problem would be if Interest rates started to climb up to where the bottom line of these projects doesn' t pencil," he says. " Because of HAVE ALL THE the new tax laws, these projects have to develop a cash flow because there RIGHT won't be the tax benefits there were before. That'll make it a little more difficult." PROPERTIES Says accountant Dick Gilbert, re­ garding the potential ramifications of ~ . ~ ~-~. - .~~ .,.~ . '.~ ~ ". -- . ~~- ....-..--~~ ---...--.. ::- ' ...... _ ;- - - -':' - ...- .,,." .-- ". - ~~.. ~..'; ..., ....:: ~ :>. ,-"- ':;C'i'];:>'9::.:J./'='.' ~ ~,.,. ..:. . ' -' ~~~~ ' .. ',". -'. "1"' ,,~ ~ ,:, ;:,<;..:f."'::1 i ;""" k~~~~ :.""': ~0 ,'~ ~_--· ' ~ :Y:·~ • - .., -:.= .- ' ----.....:. <'....~~._ ~ - , ' • . • .::: ~- ,= ft. ~ . - I I~· ~ '::... ~ ~ ~ ' ".N ~ ·· .;'" . ~~. ", - , -~~ ~ = ~ ...... --"-:"'u ' Executive .,.,.".~v ' ~ . j ], =..'»-- ~l:i ~£~,' k:'< ,r u . :in ;;, ~{7R' f§Wm~D1U'~Jtij' :-";;'1 ~'~~i' ~~'''''' J ~ '~1 ~;' ;'1· Suite .• .,~ ... : ~-1" ' l ,.: .j:::!•.... ~ •~ :- .,.. r:. ' ..~.".' ,. . (Continued/ rom page jj) ' ill'l i ~~ "Ii ' ;It . ;; -...' .~" ,/ -t .....", ~ ! i : ; ~ ~( ; r ~", ~",. - ~~ ~~f: ""~ i!1 -~-: ~ 5 150 East Sahara Ave. and the .;; " '" Ii','; e s- se-•.•. - :--,.,. :.-- . "" .'::1 •• ~"" ••~ " . ;."~"... '~!?- ~~~ ~ .~ 104-unit Pacific Harbors III is located _'\ ' . • .: I """",,:- , ,

62 TH E NEVADA BUSINESS JOURNAUSepl ember 1986 , •

YOUR COLOR SEPARATIONS ARE AT SOUTHWEST COLOR GRAPHICS 3871 SOUTH VALLEY VIEW BLVD., SUITE 21 LAS VEGAS, NEVADA 89103 . (70 2136 2-7 6 60