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Archive for August, 2006

International Retailer Eyes Las Vegas

Thursday, August 10th, 2006

The UK’s biggest retailer, TESCO, owner of Fresh & Easy supermarkets, are looking for possible store locations in Las Vegas. TESCO recently registered its two Stateside subsidiaries - Tesco Stores West and Tesco Stores Holdings - in Las Vegas’ home state of Nevada, as well as in California and Arizona. With 100 outlets planned […]

Del American Moves Forward

Tuesday, August 8th, 2006

Del American is still keen on the Las Vegas market and the draw of the condo as they continue to put their money where their mouth is. Condo project, Vegas Grand is currently under construction. The first phase of construction comprises 212 residences at Bella Venezia I which has now gone vertical. Vegas Grand […]

First Professional Plaza in Aliante

Monday, August 7th, 2006

The first professional plaza to be built in Aliante is well underway and city officials are pleased. The Ann Professional Plaza includes more than 120,000 square feet of office and retail space on a 21-acre site. The $30 million project will be home to dental providers, real estate offices, financial services and a […]

Industrial Market Posts Strengths

Friday, August 4th, 2006

Colliers International is reporting that the industrial real estate market posted a strong second quarter, with absorption back up above the 50.0 million square feet (msf) threshold — coming in at 52.8 msf — compared with 39.3 msf during Q1 and 53.5 msf during the year-ago quarter.
According to Ross Moore, SVP for Colliers, the manufacturing […]

Quality Retail Space

Friday, August 4th, 2006

Retail vacancy rates remain low, but the lack of quality retail space is keeping rents flat. That’s the conclusion of a recent report released by Colliers International and Restrepo Consulting Group.
In the second quarter, the Las Vegas valley retail market had a 2.9% second quarter vacancy rate, while still absorbing nearly 250,000 square feet. […]