The firm concluded it would be irresponsible “to put 500 people in an enclosed area and act like the world is OK right now,” Matter partner Jim Stuart told the Las Vegas Review-Journal.
Eli Segall
Reporter: Real estate
Email: esegall@reviewjournal.com
Phone: (702) 383-0342
X: @eli_segall
Eli Segall joined the Review-Journal in August 2016 after covering real estate and other business topics for four years at the Las Vegas Sun. He also worked for the Silicon Valley/San Jose Business Journal, The Associated Press and other news groups. Segall has a bachelor’s in political science from the University of Michigan and a master’s in journalism from the University of Maryland. His awards include 2017 Story of the Year from the Nevada Press Association.
A big retail real estate convention in Las Vegas is postponed over the new coronavirus.
Effects of coronavirus fear could leave Southern Nevada facing steep economic problems, given its lucrative convention industry and high dependence on tourism.
Investors plan to build at least four higher-end projects totaling around 900,000 square feet of office space along the 215 Beltway in the fast-growing southwest valley.
It was the highest number of January closings since 2008, when it was 881.
Investors paid a median of about $383,840 per acre last year for Southern Nevada land, up more than double from the depths of the Great Recession, according to figures from John Stater, Las Vegas research manager at brokerage Colliers International.
The median sales price of previously owned single-family homes — the bulk of the market — reached an all-time-high of $316,000 last month, according to a new report.
Dermody Properties wants to build a 52.6-acre industrial park just south of Volunteer Boulevard near Henderson Executive Airport, according to city records.
Clark County commissioners rejected plans for a webcam business in a shuttered Las Vegas strip club.
The month’s 3.6 unemployment rate is the lowest rate on record in state history.
Today, a spreading novel coronavirus boasts a similar name – and no other connection – to the popular Corona beer. But there’s no indication that sales are tumbling.
Sam Aldabbagh, whose decades-old strip joint saw its business license revoked last year, has filed plans to rent out private studios for live streaming in the former club just west of the Strip.
The football team hasn’t finished building the complex in Henderson, let alone played a game in Las Vegas, and it’s already flipping real estate here.
Hughes Corp. sold 319.4 acres of residential land in Las Vegas’ largest master-planned community last year, the developer reported Thursday.
Silverstein Properties is teaming New York financial firm Cantor Fitzgerald and Las Vegas-based Tru Development Co. to build a 334-unit complex next to Meadows Mall.
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