In yet another rags to riches story, Zappos, the major online shoe retailer has bought and is renovating the old city hall building and will be using it as their international headquarters. The ‘old’ building is in fact only 40 years old, which means it still has a lot of...Read more
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Downtown Las Vegas is becoming the mecca for young people. They are not only looking for great nightspots, they’re looking for a place to live, and that means the need for businesses to cater to them will be growing. Residents need grocery stores, places to buy household goods, doctors’ offices...Read more
Recent indicators tell us that slowly, one by one, commercial properties in Las Vegas are being filled. It is unfortunate that commercial real estate tends to lag residential property markets by at least a year, and those prices have been bouncing back for a while. Finally the commercial market can...Read more
Since the Las Vegas commercial real estate market has bottomed out, more and more business owners are choosing to buy their own properties. The main reason is that they know that since things are beginning to climb back up, they want to be able to lock in those rents while...Read more
One of the charms of buying commercial real estate in Las Vegas is not only the distressed properties. When the market was on the upswing, local officials were investing in tons of infrastructure, like highway exchanges and sanitation lines, to name just a couple. Much of this has remained unused...Read more
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