Commercial Property:

The city remains under constant development for commercial and residential purposes. The greater Las Vegas area has seen a large amount of housing construction due in large part to a swelling population. Even with a downturn in recent months, the area still has a high number of developments ongoing. Since the late 80’s the area has been creating options for businesses of all backgrounds to grow and develop. The City Center project on Las Vegas Blvd. was completed in late 2009 and has helped bring attention back to Las Vegas. In a recent survey of open spaces for both Las Vegas commercial properties and retail divisions, the prices range from low cost spaces in prime locales starting at $500 a month, to larger square footage spaces for $2 a square foot. The area has a great number of opportunities to look at online (where you can see images, maps, and more), and with consistent development, even in hard times, the area offers entrepreneurs a chance to develop and grow their business without the growing pains involved with the process. We have executive suites and office spaces available in Summerlin, Henderson, Airport, The Strip, Green Valley, and near Flamingo, Rainbow, Sahara, I15 and more. Our website also has listings in Phoenix, San Diego, Los Angeles, Salt Lake, and Dallas. Renting a commercial property is expensive, risky, and time consuming, but if you follow the right steps and sign a good lease you can really take your company to the next level here in Nevada.

Office Amenities:

If you are going to rent a commercial property in Las Vegas, then plan out the type of services you need? Where will your employees park, who will be at the front desk, and do you need kitchen facilities? Check our list below that will help you when considering the various price quotes you get from Las Vegas commercial property managers. Admin / Secretarial Support, On Site Car Parking, Kitchen Facilities, Furnished Options, Meeting Rooms, Conference Suites, Alarm or manned security, Postal Services, 24 Hour Access. To learn more about renting a space and other local markets check out our office articles.

Las Vegas Nevada:

The city of Las Vegas is the most populated city in the state of Nevada and is internationally renowned as a major resort and travel destination. The area is continually growing by leaps and bounds in terms of real estate, commercial real estate, especially in the gaming sector. The area sees a great influx of tourism from all walks of life, and is home to several large-scale conventions. The city has several nicknames, most notably “The Entertainment Capital of the World” and “Sin City”. The estimated population of the city center is 558,383 and a greater metropolitan area of 1.8 million residents.

Economy /Climate:

The economic portrait of Las Vegas is easy to figure out. The area relies heavily on tourism, gaming, and conventions alongside many service industries that support those different sectors. The city is home to a lot of large companies as well, including several companies listed in the Fortune 500. The city has a continual amount of employment options from a diverse array of backgrounds. Most notably the two largest Fortune 500 companies in the world call the area home; they are Harrah’s Entertainment and MGM Mirage. Despite a large concentration of jobs in the area, the unemployment rate of Las Vegas is around 13% and is nearly double the national average. While there aren’t a huge amount of areas that is seeing growth, economists have remained optimistic about the area, due in large part to the prowess and draw of gaming and conventions that are located in the area annually.
The climate of Las Vegas is that of a desert, since it is located near the Mojave Desert. The city has sunshine 300 days a year, and annual rainfall of around 4 inches a year, and only 29 days annually. The hottest points in the summer can yield temperatures of around 104 degrees on average, and winter months yielding lows of around 40 degrees. The mountains receive some snow, but the average temperatures are never too low.

Las Vegas Housing:

The median home price is around $134900 and has seen some problems in the real estate market. Despite the large increase in foreclosures, and lower level values, the area still manages to get a lot of growth in regards to private residents. Whether its low cost housing, and high entertainment options, or simply the cost of living and attraction of pressing luck, the area manages to get a lot of interest from many different walks of life.
The mayor of Las Vegas is Oscar B. Goodman and is the 19th mayor of the year. He has worked on generating a large amount of commerce and growth potential to facilitate business growth. He has also worked on getting downtown revitalized and changed, to evolve into a more vibrant locale. It’s interesting to note that in 2007 he won 84 percent of the voter garnering a third 4-year term.