Monthly Archives: March 2015

Office Markets in Tech-Heavy Cities Lead 2015 Pack

Posted by WSJ on March 31, 2015
Wall Street Journal / Comments Off on Office Markets in Tech-Heavy Cities Lead 2015 Pack
The U.S. office market continued its slow-and-steady recovery in the first quarter, with technology-heavy markets leading an overall modest growth of rents and occupancies.

CBRE to Buy Johnson Controls Workplace Unit

Posted by WSJ on March 31, 2015
Wall Street Journal / Comments Off on CBRE to Buy Johnson Controls Workplace Unit
BRE Group, the world’s largest commercial real-estate-services firm, is making a further push into managing facilities for big corporations by agreeing to buy Johnson Controls Inc.’s workplace solutions business for $1.48 billion.

Number of Las Vegas visitors up slightly in February

Posted by Las Vegas Sun Stories: Business and Economy on March 31, 2015
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That growth comes in part due to a jump in convention attendance, despite a decline in the overall number of events for the month ...

Moscow Stadium Project Pushes Ahead

Posted by WSJ on March 31, 2015
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Despite an economy pinched by sanctions, work is full-steam ahead on state-controlled bank VTB’s high-profile real-estate development in Moscow, which includes a new stadium for the Dynamo Moscow football club.

Allegiant Air taking on another $37.5 million in debt

Posted by Las Vegas Sun Stories: Business and Economy on March 31, 2015
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After going on a borrowing binge last year, Allegiant Air is taking on more debt. The Las Vegas-based discount airline today closed on a loan to borrow $30 million, putting up two Airbus A319 aircraft as collateral. The carrier also obtained ...

Report: Las Vegas homes among nation’s most overvalued

Posted by Las Vegas Sun Stories: Business and Economy on March 31, 2015
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Las Vegas’ housing market is one of the most overvalued in the country, as investors pushed up prices amid limited supply and a sluggish economy, a new report says. Fitch Ratings said today that housing demand ...

Rents Fall, Vacancies Rise as Moscow Confronts Flagging Economy

Posted by WSJ on March 31, 2015
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The empty storefronts and for-rent signs that pockmark the upscale shopping strip of Tverskaya Street illustrate impact of the ruble’s collapse and Russia’s broader economic troubles on commercial real estate.

Subsidy Aims to Stem Falling Russian Apartment Sales

Posted by WSJ on March 31, 2015
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Apartment sales have begun to fade in Russia, prompting the government to launch a new mortgage-subsidy program to stoke the market.

Report: Nevada among most financially illiterate states

Posted by Las Vegas Sun Stories: Business and Economy on March 31, 2015
Las Vegas Sun / Comments Off on Report: Nevada among most financially illiterate states
Nevada is near the bottom of yet another ranking of Americans’ financial health, with dismal findings of consumer spending habits. The Silver State is second last among U.S. states and the District of Columbia for ...

Las Vegas Warehouse/Distribution For Lease

Posted by Colliers on March 31, 2015
Exclusives / No Comments

ProLogis Sunrise Industrial Park
4601 E Cheyenne Ave Bldg 1, Suite 107-109
Las Vegas, NV 89115
Available SF: ±42,240

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