Local News

“We have to find a way to finance infrastructure that gets it done fast and creates a return.” – Gordon Brown, Chair, World Economic Forum, Global Strategic Infrastructure Initiative As all NAIOP Southern Nevada members are aware, the Infrastructure Bank has sat atop of our issues list for years.  In 2017, we worked with RTC to pass […]

Name: Thomas Godbout DLI Class President Title: Vice President – Commercial Lending Company: First Savings Bank Years in the Industry: 7 Where are you originally from?  I’m originally from Bristol, CT and have lived in Las Vegas for the last 7 years. What has NAIOP provided you that has helped you grow professionally or personally? […]

  Name: Matthew Weinberger Communications Committee Chair Title: Director of Business Development Company: Martin-Harris Construction Years in the Industry: 14 Where are you originally from? I was born in Cleveland, Ohio and my family moved to Las Vegas in 1978. So, while I wasn’t born in Las Vegas, I do feel like a native. What […]

Nevada State Treasurer Zach Conine has extended the Commercial Rental Assistant Grant program, making grant funds available to aid commercial landlords and tenants, as they work together to survive the current economic downturn. Should a landlord agree to the terms (generally, a 90-day forbearance of eviction action), grant funding up to $10,000 (per tenant applicant) […]

Nevada experienced a sharp decline and disruption in real estate activity after a stay-at-home order for the State of Nevada was issued due to the spread of the Coronavirus.  All non-essential businesses were shut down while the virus continued to spread throughout country.  Commercial office demand for lease and purchase came to a halt with […]

NAIOP Southern Nevada commissions study that evaluates how short-term and long-term developable land constraints could impact the region’s economic strength and stability. RCG Economics prepared the 2020 Southern Nevada Industrial Land Analysis for NAIOP Southern Nevada.  The study evaluates whether short-term and long-term developable land constraints could negatively impact the region’s economic strength and resilience. […]

Demand Remains Strong as Market Conditions Continue to Improve The Las Vegas industrial market continued to show resiliency in the second quarter of 2020 even amidst the economic uncertainty related to the COVID-19 pandemic. Robust tenant demand for new and larger industrial space contributed to 1.7 million sq. ft. of net absorption, slightly outpacing Q1 […]

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