John Restrepo
RCG Economics
3900 S. Paradise Rd,
Suite 209
Las Vegas, Nevada 89169
Tel: 702-967-3188
Fax: 702-967-3196
Email: jrestrepo@rcg1.com
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Unemployment Rate (SA) Mar-13 Annual Change: -22.22%
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Taxable Sales (dollars) Feb-13 Annual Change: -0.07%
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Gaming Revenue Feb-13 Annual Change: 17.77%
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Housing Units Permitted Mar-13 Annual Change: -11.87%
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Residential Building Permit Valuation Mar-13 Annual Change: -45.70%
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Commercial Building Permits Mar-13 Annual Change: 26.09%
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Commercial Building Permit Valuation Mar-13 Annual Change: 276.48%
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Clark County Taxable Gasoline Sales (Gallons) Feb-13 Annual Change: -3.63%
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New Residents (Drivers License Count) Mar-13 Annual Change: -7.75%
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Active Residential Electric Meter Count Mar-13 Annual Change: 0.98%
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Clark County Visitor Volume Feb-13 Annual Change: -1.60%
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Las Vegas Valley Convention Attendance Feb-13 Annual Change: -20.06%
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McCarran Total Airline Passengers Feb-13 Annual Change: -3.71%
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Las Vegas Valley Hotel/Motel Occupancy Feb-13 Annual Change: 2.20%
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Median Existing Home Price Mar-13 Annual Change: 49.55%
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Median New Home Price Mar-13 Annual Change: 12.95%
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Existing Home Sales Mar-13 Annual Change: -20.65%
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New Home Sales Mar-13 Annual Change: 76.30%
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Hurley & Withington LLC signed a 63-month $176,466 lease for 4,043 square feet of industrial space inside EJM Development Co.’s Arroyo South Business Center, Phase I, at 7060 W. Warm Springs Road, Suite 110, in Las Vegas. Realty One Group’s … Continue reading
The NAIOP Southern Nevada chapter hosted its 16th Annual Spotlight Awards on Saturday, March 2, inside the Golden Nugget in downtown Las Vegas. The annual event was hosted by the Mayor Carolyn Goodman and Terri and Kevin Janison. The awards … Continue reading
By Hubble Smith – Las Vegas Business Press The industrial real estate recession continues to move sideways in Las Vegas, with 16.2 percent vacancy in the fourth quarter, John Restrepo of RCG Economics said. It will take at least three … Continue reading
Gerald and Reesa Niznick bought the 10-year-old, 16,696-square-foot Seven Hills Surgery Center, on 1.88 acres, at 876 Seven Hills Drive in Henderson for $5.6 million, or $335-per-square-foot, from Seven Hills Medical Center LLC. New Growth Commercial’s Jason Lesley represented the … Continue reading
By DAVID McGRATH SCHWARTZ Las Vegas Sun Foreclosures in Nevada could spike next year if lawmakers and banks roll back a bill passed in 2011 that played a large role in stymieing banks’ attempts to retake homes from Nevadans, according … Continue reading
Main Street-Santa Ana LLC bought the 7-building, 48,415-square-foot Russell Gateway Professional Center, on 4.1 acres, at 4020-4080 E. Russell Road in Las Vegas for $1.85 million, or $38-per-square-foot, from Russell-Gateway LLC. CB Richard Ellis’s Charles Moore and Marlene Fujita Winkel … Continue reading
Wahoo’s Taco Shop signed a 128-month $903,830 lease for 4,752 square feet of retail space inside the 7-year-old Black Mountain Marketplace, on 3.55 acres, at 76 Horizon Ridge Parkway in Henderson. Gatski Commercial’s Rob Lujan and Jason Simon represented the … Continue reading
Selman Breitman LLP signed 5-year lease for 3,762 square feet of Class A office space inside Hughes Center at 3993 Howard Hughes Parkway in Las Vegas. Colliers International’s Tom Stilley, Lizz Stilley, Ryan Martin and Patti Dillon represented the lessor, … Continue reading
Alan Whittington Insurance Associates signed a 3-year, $29,832 lease for 710 square feet of office space inside Pace Plaza, on 4.51 acres, at 7885 W. Sunset Road, Suite 110, in Las Vegas. Commercial Executives’ Soozi Jones Walker and Bobbi Miracle … Continue reading
Galardi Group Franchise & Leasing signed a 5-year, $462,242 lease renewal for 4,000 square feet of retail space inside the 33-year-old Charleston Square Retail Center, on 6.93 acres, at 4470 E. Charleston Blvd. in Las Vegas. Gatski Commercial’s Laramie Bracken … Continue reading