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Archive for October, 2006

Paying a Premium Price

Tuesday, October 31st, 2006

Just how much did Harrah’s Entertainment pay to pick up the 4.3 acre Barbary Coast site at the corner of the Strip and Flamingo Road? How does $84.8 million an acre grab you? Harrah’s is trading 24 acres located next to the Stardust to Boyd Gaming Corp. for the Barbary Coast in a […]

The Low Down on Industrial Space

Saturday, October 28th, 2006

The industrial market in Southern Nevada has reached a 3.4% vacancy rate, which is near the all-time-record low of 3.3% noted earlier this year. According to Applied Analysis, the Las Vegas Valley’s industrial inventory grew to 2,733 buildings, totaling 87.5 million square feet, in the third quarter of 2006. Roughly 5 […]

Jewels Fabulous Jewels!

Thursday, October 26th, 2006

Las Vegas….Jewelry Capital of the World! Well, may be not just yet, but that is what the Mayor is working toward. He is expected to announce plans for the World Jewelry Center this week.
Located at Union Park near Grand Central and Bonneville, the new building is expected to revolutionize the jewelry industry. […]

Benefits of Tenant-in-Common Programs

Thursday, October 26th, 2006

Real estate owners can be faced with a big capital-gains tax when they sell. One solution for an investor is a Tenant-In-Common (TIC) program. This increasingly popular investment tool offers fractional ownership of commercial real estate, from apartments to factories to office buildings.
TIC’s were created so that investors could be direct owners of […]

Top 40 Real Estate Markets

Wednesday, October 25th, 2006

Expansion Management has come out with its Top 40 Real Estate Markets which is their annual rating of the metros with the ideal combination of low prices and high industrial and commercial vacancies.
The list is a ranking of metro areas where low prices and high vacancy rates come together to create ideal opportunities for expanding […]