Before commencing the construction of a commercial building, the biggest and initial concerns are always the construction costs per square foot. Commercial buildings are used in different sectors such as education, health, and retail. Dependent on usage and other factors such as location, the costs can vary greatly. The area’s zoning and geography also affect
— By Megan Husic — For a long time, Las Vegas could not seem to attract major sports venues due to fear of sports gambling. But perceptions changed and opportunity skyrocketed when the supreme court struck down the federal law that prohibited sports gambling outside of Nevada in 2018, allowing other states to open sports
NAIOP Southern Nevada presents “Southern Nevada Elected Leaders: Building Partnerships with Commercial Real Estate” at its June 20 breakfast. Speakers include Las Vegas Mayor Carolyn Goodman; North Las Vegas Mayor Pamela Goynes-Brown; Henderson Mayor Michelle Romero; and Clark County Commission Chairman Tick Segerblom. Tim Castello, of Castello Group, will moderate the discussion. The panelists will explore
Northern Nevada By Jordan Lehman, Colliers Reno Reno’s office market experienced robust tenant demand, recovering sales activity, and a slight uptick in available sublease space. Net absorption nearly reached 102,000 square feet this quarter, which was the largest total in the last four and a half years. Office sales totaled $38.1 million in the first
LAS VEGAS — A joint venture between CEDARst Cos. and Bridge Investment Group has broken ground on Flats Arts District, a $112 million multifamily project on 2.2 acres in Las Vegas. Constructed is slated to take 24 months, with delivery of the first units expected around mid-year 2026. Located at 123 W. Imperial Ave., Flats
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— By Geoffrey West, Senior Vice President, Investment Property Sales and Acquisitions, MDL Group/CORFAC International — The Las Vegas retail market remains a tale of two cities with the tourism-driven Resort Corridor and surrounding MSA comprising two very different markets. In the past, the stories of the “cities” were somewhat divergent with robust development, premium