Las Vegas Commercial Real Estate

RISMEDIA — NAR will launch a new leading indicator on Feb. 22 for the commercial real estate market: the Commercial Leading Indicator for Brokerage Activity.
The index, to be published quarterly, is designed to provide early signals of turning points between expansions and slowdowns in commercial real estate markets.
The index utilizes modeling of a variety of […]

Business Press - The Strip alone has $24.26 billion worth of resort expansions planned from 2006-09, including 34,639 more hotel rooms, 886 timeshare units, and 1.3 million square feet of added convention space, reported the Las Vegas Convention Visitors Authority.
Construction, not surprisingly, is now one of the valley’s fastest growing employers. The industry was responsible […]

Las Vegas Gaming Wire - Despite project cancellations and concerns about overbuilding on the Strip, Wynn Resorts Ltd. is proceeding quickly with development of the 2,000-room Encore, the second phase of Wynn Las Vegas.
Developer Steve Wynn said Thursday the project is on pace to break ground in June, and Perini Building Co. Chairman Dick Rizzo […]

House zoned professional office. Centennial Hills. Across the road from Starbucks. Two miles from the proposed Great Mall of Las Vegas and the new Valley Hospital. Plenty of parking, Owner will carry mortgage. Suit anyone who needs exposure to 40,000 cars a day. $900,000. For sale by owner contact telephone 702 525 4668

Reuters - Las Vegas’ streak of building condominiums has hit a rough patch, but a lot of players are still betting on big projects.
In the past year, a litany of dreamy named high-rise projects — the Icon, Liberty Tower, Krystal Sands and Acqua Blue — went by the wayside.
Ivana Trump backed out of her proposed […]