Accelerating Success.
LAS VEGAS
INSIDER
A COMMUNICATION FOR BROKERS, EMPLOYEES, COLLEAGUES AND FRIENDS
NOVEMBER 2020
Accelerating Success.
As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them.
- John Fitzgerald Kennedy
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LV RESEARCH – JOBS
6
FEATURED LISTINGS
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L AS VEGAS IN THE NEWS
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FEATURED DEALS
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DISRUPTION 2020 – INDUSTRIAL PACE
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LV PROPERT Y MANAGEMENT SHINES
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UPCOMING DECEMBER CALENDAR
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L AS VEGAS BY THE NUMBERS
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BROKER CONNECTION
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U.S. MARKET INSIGHTS – OFFICE
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L AS VEGAS DIRECTORY
COLLIER S PROFESSIONAL S ARE HELPING COMPANIES MOVE FORWARD BEC AUSE WE
see what could be.
L A S VEG A S RESE ARCH
JOBSWHAT WE LOST!
We have September job numbers now, and they do show improvement in the Valley in most sectors, though not all. The job situation has been improving since April, but the job gains have been stubbornly slow, no doubt due to continued disruption of business as usual – and especially due to the disruption of the hospitality industry, especially in terms of conventions. Comparing September job numbers to March numbers – the last pre-business closure numbers we had – reveals some surprises. The industrial real estate market, for example, is doing quite well in the Valley,
NOVEMBER 2020
so it is slightly surprising that the sector is still down 17,467 jobs, after losing 30,642 jobs from March to
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April. By comparison, the office sector lost 18,928 jobs from March to April, and in September is down 6,930. To put it another way, office has regained 63 percent of the jobs it lost, while industrial has only regained 43 percent of its lost jobs. John Matt Stater Research & GIS Manager, SW Las Vegas - john.stater@colliers.com
The retail sector lost 26,351 jobs between
This points to the bifurcation we have
March and April, and is still down 8,653 jobs,
noted in the industrial world – between the
regaining 67 percent of the lost jobs. Medical
massive logistics buildings that are in high
office lost 3,284 jobs between March and
demand and the smaller buildings occupied
April, and is still down 846 job, regaining 74
by small businesses. The transportation and
percent of those lost jobs.
warehousing sector lost 2,400 jobs between April and May, but has regained 5,100 jobs
The industrial sector, which is seeing high
from May to September, meaning a net gain
levels of net absorption, has regained the
since the business closures.
fewest number of jobs among sectors. Note that these numbers are based on
The e-commerce businesses are hungry for
where people actually work, not on the
workers to support the massive increases
classification of the industry in which they
in online retail shopping that have occurred
work – i.e. industrial jobs means jobs in
since the business closures. This is also good
industrial buildings.
news for the industrial real estate sector in aggregate, as the occupancy of a 350,000
The key weak spots in industrial jobs appears to be in construction; the Valley not only lost 7,100 construction jobs since April, it has lost 1,200 since May, when most industries began seeing job growth. Specialty trade contractors are down 4,800 jobs since April, and 1,200 jobs since May; building foundation and exterior contractors are down 1,800 jobs since April, and 100 jobs since May; and building finishing contractors are down 2,100 jobs since April, but fortunately up 600 jobs since May. The numbers are better for manufacturing jobs and wholesale jobs, and much better for logistics jobs.
square foot logistics building displaces a whole lot of vacated 5,000 square foot light industrial units. The losers of this shift will likely be the office and retail sectors, who rely on paying customers to pay their rent, and who will have fewer industrial workers as paying customers until the economy sees some overall improvement.
Job gains have been stubbornly slow, no doubt due to continued disruption of business as usual!
COLLIERS INTERNATIONAL LAS VEGAS
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FEATURED LISTINGS
4455 Paradise Road Chris Clifford, Steve Neiger, CCIM and Brett Rather •
Retail lease opportunities at Virgin Hotels Las Vegas
•
±1,055 SF – ±3,025 SF available for lease
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Opening January 15, 2021
3125 Marco Street Chris Lane, SIOR, CCIM, Jerry Doty, SIOR, Paul Sweetland, SIOR and Dan Doherty, SIOR •
±75,000 SF industrial/warehouse suite available
•
Cheyenne Industrial Center is located in the North Las Vegas submarket
•
Lease Rate: $0.52 PSF NNN
5252 Ricky Road
NOVEMBER 2020
Suzette LaGrange, CCIM and Kara Walker, CCIM
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•
±2,630 SF building on ±0.85 acres available
•
Newly renovated with large yard area
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Sale Price: $747,000 / Lease Rate: $4,153/Mo Net
5385 Wynn Road, Suite B Brian Riffel, SIOR and Tyler Jones •
±24,634 SF available
•
±7,000 SF office (two-story) and corporate office layout
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Lease Rate: $0.79/PSF (NNN)
5375 Procyon Street Dean Willmore, SIOR, Stacy Shapiro, CCIM, Mike Willmore and Lauren Willmore •
For Lease: ±20,000 SF Warehouse/Distribution space
•
Located in the heart of the Stadium District
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Lease Rate: $0.75/PSF (NNN)
1.89 acres of land Steven Haynes •
±1.89 acres of land
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Residential parcel within the Northwest portion of Las Vegas
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Asking Price: $415,500
COLLIERS INTERNATIONAL LAS VEGAS
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LV
In the news. Colliers | Las Vegas Introduces Leasing Opportunities For Multiple Spaces At Virgin Hotels Las Vegas November 23 – CRE Confidential Las Vegas
Colliers | Las Vegas Donates $10,000 To The Las Vegas Rescue Mission For Its Holiday Toy Drive November 19 – CRE Confidential Las Vegas
NEED PRESS?
Get the news out!
Executive Managing Director Of Colliers Las Vegas Promoted To Chairman November 16 – CRE Confidential Las Vegas
Reach out and let us know the good news. New listings, properties just sold/leased, team news, etc! Help us, help you.
NOVEMBER 2020
Holiday Cheer.
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Doherty Industrial Group at Colliers Las Vegas Sells Final Industrial Unit at Matter Business Park November 12 – Nevada Business Magazine
Helping provide hundreds of families in need with toys for the holiday season.
$
5,000
LINKS FOR LIFE FOUNDATION LAS VEGAS Colliers International and the Links For Life Foundation is proud to support Nevada Childhood Cancer Foundation Project A.R.K. Their services provide help to 4,600 Southern Nevada families. READ MORE
The Strength of the U.S. Industrial Sector Persevered in the Third Quarter As many real estate sectors remain challenged by the ongoing pandemic, the U.S. industrial sector continued to persevere through the third quarter. Overall net absorption remained positive with occupancy gains of nearly 165 million square feet year-to-date, 3.3% higher than the same period a year ago. Third quarter absorption of 57.2 million square feet was up 35.3% over the second quarter, which was expected to be a strikingly slow quarter.
IAOP Webinar 2025 Future Scenarios for Office The International Association of Outsourcing Professionals (IAOP) hosted a 60-minute, complimentary webinar exploring implications of four different future scenarios ranging from options to resemble a pre-COVID-19 environment to alternatives that focus on a purely
Workplace Expert Colliers’ Workplace Expert helps businesses take the first steps in shaping their future workplace strategy. A quick and easy way to explore your ideal work environment.
digitized office experience.
VIEW INTER ACTIVE SITE
COLLIERS INTERNATIONAL LAS VEGAS
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U.S. FLEXIBLE WORKSPACE REPORT
November 2020
Workspace Spotlight.
The Flexible Workspace Report 2020 explores the dual impacts of COVID-19 and the continued growth of flexible workspace on occupier strategies in our new normal. We review the common health and safety measures operators are implementing, what options landlords have for delivering flexible workspace, what impacts flexible workspace may have on building valuations, among other topics. With roughly 20,000 flexible workspaces worldwide and IWG (3,300) and WeWork (848) accounting for less than a combined 25% of total inventory, the continued demand for flexible workspace has welcomed new players and operating models across the globe. Many predict the inventory share of flexible workspace of the total office stock to accelerate as the
NOVEMBER 2020
number of flexible workspaces double or triple over the next five years – despite a
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temporary setback from the COVID-19 pandemic.
Francesco DeCamilli Vice President, Flexible Workplace francesco.decamilli@colliers.com
Good News For Las Vegas.
RE AD MORE
RE AD MORE
RE AD MORE
DOWNTOWN LAS VEGAS LIGHTS ARCHES
LAS VEGAS RECRUITING REMOTE TECH WORKERS
$59M WIDENING OF ROUTE 160
80-FOOT-TALL GLITTERING ARCHES
SAN FRANCISCO & SEATTLE TARGETS
TWO YEAR PROJECT IS COMPLETE
Las Vegas is known worldwide as the
Las Vegas wants to be your next
The 6-mile widening project serves as the
getaway for the best in entertainment
work-from-home office
main connector between LV & Pahrump
OP TIMIZE YOUR PROPERT Y M A N AGEMENT Successful management of your real estate requires skillful stewardship of the physical space, tenant relationships and your reputation in the marketplace.
COLLIERS INTERNATIONAL LAS VEGAS
11
NOVEMBER 2020
FEATURED DEALS Industrial Lease A lease to The United States Postal Service. The ±117,450 square foot industrial property is located at 6650 Spencer Street, Suite 100 & 110 in Las Vegas. Grant Traub, SIOR, Chris Connell, SIOR, Dean Willmore, SIOR, Alex Stanisic, Mike Willmore, Lauren Willmore and Stacy Shapiro, CCIM of Colliers International represented the landlord, Spencer Street Investors, LLC.
Industrial Lease A lease to Red Carpet Moving, Inc. The ±10,869 square foot industrial property is located in Mesa Vista Business Center at 3955 West Mesa Vista Avenue, Suite A-13 in Las Vegas. Spencer Pinter of Colliers International represented the landlord, Mesa Vista Business Center LLC.
Industrial Lease A lease to Safe Life Defense L.L.C. The ±137,225 square foot industrial property is located in Matter Park @ West Henderson at 1379 Raiders Way in Henderson. Dan Doherty,
NOVEMBER 2020
SIOR, Paul Sweetland, SIOR and Jerry Doty, SIOR of Colliers
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International represented the landlord, Centra Gateway Corporate Center LLC. Chris Lane, SIOR, CCIM of Colliers International represented the tenant.
Industrial Sale A sale to Rockstream Properties, LLC. The ±6,170 square foot industrial property is located in Traverse Pointe Commerce Center at 1172 Wigwam Parkway in Henderson. The transaction amount was $1,275,000.00. David A. Grant of Colliers International represented the seller, Landmark Ventures, LLC.
Land Sale A sale to DFA LLC. The ±0.82 acre land property is located at 815 North Martin Luther King Boulevard (APN: 139-28-304002) in Las Vegas. The transaction amount was $215,000.00. Brian Fike and Gabe Skerlich of Colliers International represented the buyer.
Retail Sale A sale to Richard Bradley. The ±39,175 square foot Dotty’s retail property is located at 2428 East Cheyenne Avenue in Las Vegas. The transaction amount was $6,175,000.00. Chris Clifford, Steve Neiger, CCIM and Brett Rather of Colliers International represented the buyer.
COLLIERS INTERNATIONAL LAS VEGAS
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DISRUP T ION 2020
Industrial Sector on record pace. The U.S. industrial sector continues to perform exceptionally well despite headwinds facing commercial real estate. Robust net absorption, rent growth, construction, and occupancy all remain healthy, fueled by the continued growth of e-commerce and an increase in demand for warehouse and distribution NOVEMBER 2020
space. E-commerce sales grew 31.8% in Q2 2020 (the most recent data available)
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from the same time last year and now represent 16.1% of total non-auto retail sales. E-commerce will continue to be a driving force in industrial real estate for the foreseeable future. Amanda Ortiz National Director, Industrial Research | U.S. | amanda.ortiz@colliers.com
The industrial pipeline is expected to remain full in the quarters ahead. Despite the headwinds facing the industrial sector, including the ongoing pandemic and tensions surrounding the U.S. presidential election, interest in warehouses and industrial buildings is expected to remain strong as companies continue to adjust distribution networks to accommodate increasing e-commerce demand.
Q3 2020 Headline Numbers
As e-commerce continues to be
•
•
The U.S. industrial vacancy rate rose for the fifth consecutive quarter to 5.6%, mostly due to vacant speculative deliveries, the first time it has topped 5.5% since midyear 2016.
•
Net absorption remained positive with occupancy gains of 164.7 million SF year-to-date, 3.3% higher than the same time a year ago.
•
Third quarter absorption of 57.2 million SF was up 35.3% over the second quarter — which was expected to be a strikingly slow quarter — as the market began to recover from the negative effects of the global pandemic.
•
The Southern U.S. dominated activity at the close of the third quarter, with 40% of both new supply added and occupancy growth in the U.S. year-to-date. The region’s logistics advantages and growing population continue to attract occupiers. According to Real Capital Analytics, however,
preferred by many consumers,
quarterly investment sales volume continued
Amazon’s explosive growth is expected
to soften as year-to-date transactions totaled
to continue, and it recently announced
$59.9 billion — a 25% decrease from 2019.
that third quarter sales surged 37% to
Average pricing increased to $101.40/SF — only
a record $96.2 billion. The company
the second time average square-foot pricing
plans to add 100,000 seasonal workers
exceeded $100.
in the U.S. and Canada to meet holiday demand, as sales volumes
•
Year-to-date, new industrial supply hit a record
are expected to increase even more
high in 2020, surpassing 2019 by 27%. A total of
by year-end. As Amazon continues
252 million SF was delivered at the end of the
to seek space in nearly every major
third quarter, compared to approximately 198
market, the strength of U.S. industrial
million SF in both 2019 and 2018.
real estate will continue to outpace that of other commercial sectors.
•
Development stayed the course and totaled
Holiday sales are expected to provide
328.3 million SF under construction at the close
an additional boost to the industrial
of the quarter, broadly in line with construction
market in the fourth quarter.
at this time last year.
COLLIERS INTERNATIONAL LAS VEGAS
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Real Estate Management in Las Vegas shines as bright as Las Vegas Boulevard! Congratulations to our REMs Division on their numerous awards won at
NOVEMBER 2020
the 2020 IREM Annual Awards. We’re so proud of all your hard work!
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ACOM of the Year
NextGen of the Year
ERICA AULINO
JENNIFER MOUNT
The ACoM from IREM® is the early career certification for commercial property managers.
The NextGen from IREM® given to young up-and comers who are likely to be influential in the commercial real estate industry.
Professional Achievement Award
Mentorship Award
ANGELINA SCARCELLI
ANGELINA SCARCELLI
Recognizes outstanding individuals who make valuable contributions and show extraordinary dedication to the real estate management profession.
Given to individuals who give their time, talent and themselves to further the principals of our organization. They prescribe to the high standards of excellence and performance.
Las Vegas has the best-in-class advisors who will manage the ever-changing needs of your property to maximize value and tenant retention, freeing you up to focus on your business.
Celebration! THANK YOU TEAM! Af ter a year f illed with social distancing, it was nice to safely gather for some good food & conversation. The specialt y dishes were delicious. This year we even got to enjoy a lit tle bit of the Mexican culture with Brianna’s Tamales and Mama Telles’ Famous Chili.
Accelerate your success with our all-new technology platform.
https://my.colliers.com/
Big Win.
Doherty Industrial Group represented the buyer, Black Creek Group, in the property acquisition of South 15 Airport Center buildings C and D, a two building industrial asset totaling 266,560 square feet in Henderson, NV.
JUST SOLD
BLDG C – 1720 CHAPARRAL ROAD, HENDERSON, NV 89044 BLDG D – 1725 CHAPARRAL ROAD, HENDERSON, NV 89044
DAN
dan Lic
RA
IDE
RS
WA Y
PAUL
paul. Lic
BLDG D
CHRI
ch Lic
BLDG C
JE
jer Lic
Copyright © 2020 Colliers International. Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification.
COLLIERS INTERNATIONAL LAS VEGAS
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Upcoming Calendar. DECEMBER 2020 Virtual SIOR Holiday Recognition & Awards Ceremony
Office Monthly Meeting Zoom
3:30pm–5:00pm
Wednesday, December 16
Thursday, Deccember 3
(Taber Thill to send Zoom link)
NAIOP Winter Wonderland Holiday Lunch
Industrial Monthly Meeting
Red Rock Casino - Pavilion Ballroom
Thursday, December 17
11:30am–1:30pm Friday, Deccember 4
9:00am–10:00am
9:00am–10:00am
Christmas Eve Office Closed
Investment Monthly Meeting Zoom
Thursday, December 24
9:00am–10:30am
Merry Christmas
Tuesday, December 8 (Grant Traub to send Zoom link)
CREW Luncheon Zoom 11:30am–1:00pm Tuesday, December 8
Happy Hanukkah Friday, December 11
Retail Monthly Meeting Zoom 9:00am–10:30am Tuesday, December 15
NOVEMBER 2020
(David Grant to send Zoom link)
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Office Closed
DECEMBER BABIES: Jennifer Mount Lauren Willmore Brett Rather Caryl Lou Paayas
Friday, December 25
Christopher Sutton
New Year’s Eve
Taber Thill
Office Closed Thursday, December 31
Happy New Year Office Closed Friday, January 1
2020/21 SALES AWARD TRIP MARCH 11–15, 2022
FAIRMONT KEA LANI IN WAILEA, MAUI
C ongratulations! - DAN DOHERT Y - PAUL SWEETLAND - DAVID GR ANT - CHRIS LANE - JERRY DOT Y - SPENCER PINTER - KEITH CUBBA - CHRIS CLIFFORD - BRIAN RIFFEL - PAT MARSH - GR ANT TR AUB - DEAN WILLMORE
YOU MADE THE PLANE
COLLIERS INTERNATIONAL LAS VEGAS
19
// OCTOBER 2020 //
MONTHLY LAS VEGAS OFFICE REPORT
NOVEMBER 2020
Broker Rankings YTD
20
1.
Dan Doherty
24. Brian Fike
2.
Paul Sweetland
25. George Connor
3.
Jerry Doty
26. Steven Haynes
4.
Chris Lane
27. Ryan Hendershot
5.
Chris Clifford
28. Al Twainy
6.
Spencer Pinter
29. Kara Walker
7.
Dean Willmore
30. Suzette Lagrange
8.
Brian Riffel
31. Gabe Skerlich
9.
David Grant
32. Steve Neiger
OTHER
OFFICE
3%
3%
RETAIL
16%
LAND
4%
OCTOBER PROPERTY TYPES 170% Monthly Budget 60% YTD Budget
INDUSTRIAL
74%
10. Pat Marsh
33. Brett Rather
11. Grant Traub
34. Jennifer Lehr
12. Keith Cubba
35. Tyler Jones
13. Eric Molfetta
36. Gabe Telles
14. Dan Gluhaich
37. Lauren Willmore
15. Alex Stanisic
38. Sam Newman
16. Mike Mixer
39. Joe Bonifatto
17. Scot Marker
40. Rebecca Staniec
18. Stacy Shapiro
41. Chase Pavlov
Marge Ruderman
2001
19 Years
19. Mike Willmore
42. Megan McInerney
Chris Lobello
2007
13 Years
20. Taber Thill
43. Chris Bentley
Chris Bentley
2016
4 Years
21. Patti Dillon
44. Jeff Swinger
Valerene Corbin
2017
3 Years
22. Chris Connell
45. Chris Lobello
Amanda Ir ving
2019
1 Year
23. Alexia Crowley
46. Amanda Irving
Sales vs. Lease Revenue 42% - Sales
58% - Lease
October Anniversaries
BROKER OF THE MONTH
C ongratulations! DAN DOHERTY A Giving Spirit. DAN’S DONATION WILL BE GOING TO MAKE-A-WISH ® SOUTHERN NEVADA Make-A-Wish creates life-changing wishes for children with critical illnesses. They seek to bring every eligible child’s wish to life because every child deserves a childhood. Research shows children who have wishes granted can build the physical and emotional strength they need to fight their
A few words of wisdom. “I can’t change the direction of
illness. Together with generous donors, supporters, staff,
the wind, but I can adjust my sails
and more than 34,000 volunteers, Make-A-Wish Southern
to always reach my destination.”
Nevada and 58 other chapters throughout the U.S. have granted more than 330,000 wishes nationwide.
Slowly but surely, the foundation for a Las Vegas entertainment comeback is being laid. Las Vegas visitation rose to more than 1.7 million in September, up 10.9 percent from an approximate 1.5 million visitors in August. That number is expected to hold steady or possibly inch upward for October into early November before a deeperthan-usual dip for the holidays.
- Jimmy Dean
55 Deals
Our Las Vegas Office completed a total of 55 Deals for the month of October.
Casino resorts needed to expand current amenities and offerings.
READ MORE COLLIERS INTERNATIONAL LAS VEGAS
21
Megan McInerney Office Division
NOVEMBER 2020 2020
Thill-Dillon-McInerney Team
22
L A S V EG A S BROK E R CONNEC T ION
You’re well-traveled, what’s your favorite place you’ve ever visited?
Definitely Vietnam. Everything is so beautiful... The people, the food, the culture, the beaches.
If you ever have the chance, GO! What are you currently listening to when you get in your car?
Anything Country. I go through music phases but Country has always been my favorite! Yee Haw!
What does your perfect breakfast look like?
Salmon Eggs Benedict and a mimosa of course!
Tag! You’re it! Steven Haynes will be featured next month. Your custom questions will be on the way. Be on the lookout.
COLLIERS INTERNATIONAL LAS VEGAS
23
Knowledge Leader
Market Insights U.S. Office Q3 2020 Explore the latest key statistics and Colliers’ outlook for the U.S. office market. Click the data you want to review or scroll.
CLICK
HAPPY
THANKSGIVING Wishing our family, friends and colleagues blessings of
NOVEMBER 2020
health, happiness & success. Enjoy the holiday.
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For more office insights, read the Q3 2020 Office Market Outlook Report
READ MORE
DIREC TORY INDUSTRIAL
PROPERTY MANAGEMENT
HOTEL/RESORT
Dan Doherty
+1 702 836 3707
Erica Aulino
+1 702 836 3745
Jerry Doty
+1 702 836 3735
Valerene Corbin
+1 702 836 3761
Ryan Hendershot
+1 702 836 3751
Jennifer Kennedy
+1 702 836 3772
Tyler Jones
+1 702 836 3754
Jennifer Mount
+1 702 836 3753
Suzette LaGrange
+1 702 836 3799
Christine Norberg
+1 702 836 3704
Chris Lane
+1 702 836 3728
Angelina Scarcelli
+1 702 836 3768
Pat Marsh
+1 702 836 3741
Sam Newman
+1 702 836 3724
Alyssa Parks
+1 702 836 3755
Chase Pavlov
+1 702 836 3731
Spencer Pinter
+1 702 836 3776
Brian Riffel
+1 702 836 3773
Danielle Scarano
+1 702 836 3747
Stacy Shapiro
+1 702 836 3762
GOLF COURSE
Alexander Stanisic
+1 702 836 3742
Paul Sweetland
+1 702 836 3750
Keith Cubba
Gabe Telles
+1 702 836 3758
Kara Walker
+1 702 836 3705
Dean Willmore
+1 702 836 3763
MULTI-FAMILY
Mike Willmore
+1 702 836 3748
Lauren Willmore
+1 702 836 3730
Christopher Bentley
+1 702 836 3779
Shalonda Hughes
+1 702 836 3765
Jeffrey Swinger
+1 702 836 3764
Mike Mixer
+1 702 836 3777
INVESTMENT SERVICES Joe Bonifatto
+1 702 836 3729
Brian Fike
+1 702 836 3744
Amanda Irving
+1 702 836 3732
Eric Molfetta
+1 702 836 3756
Gabriel Skerlich
+1 702 836 3708
Grant Traub
+1 702 836 3789
STAFF Nicole Cauilan
+1 702 836 3706
Sara Johansson
+1 702 836 3771
Gina Jones
+1 702 836 3783
Brianna Maldonado +1 702 836 3701 +1 702 836 3733
Caryl Lou Paayas
+1 702 836 3702
Matt Stater
+1 702 836 3781
Chris Sutton
+1 702 836 3721
OFFICE Chris Connell
+1 702 836 3709
RECEIVERSHIP
Patti Dillon
+1 702 836 3790
Christopher LoBello +1 702 836 3714
Megan McInerney
+1 702 836 3700
Rebecca Staniec
+1 702 836 3792
Taber Thill
+1 702 836 3796
MEDICAL OFFICE Alexia Crowley
+1 702 836 3778
RETAIL Chris Clifford
+1 702 836 3746
George Connor
+1 702 836 3786
Dan Gluhaich
+1 702 836 3757
David Grant
+1 702 836 3785
Jennifer Lehr
+1 702 836 3736
Scot Marker
+1 702 836 3782
Steve Neiger
+1 702 836 3760
Brett Rather
+1 702 836 3794
Al Twainy
+1 702 836 3725
LAND Steven Haynes
+1 702 836 3727
VALUATION SERVICES Richard Koldewyn
+1 702 836 3738
Heidi Meidenbauer +1 702 836 3726 Leah Mullen
+1 702 836 3775
Evan Ranes
+1 702 836 3749
Brandon Roper
+1 702 836 3734
LAS VEGAS COLLIERS INTERNATIONAL LAS VEGAS
25
Accelerating Success.
400 offices in 68 countries on 6 continents MARKET CONTACT:
ANZ: 54 United States: 159 Canada: 48
Mike Mixer, SIOR Executive Managing Director
+1 702 735 5700
mike.mixer@colliers.com
Latin America: 20
John Stater Research & GIS Manager
Asia Pacific: 45
+1 702 836 3781
EMEA: 114
$3.5 billion in annual revenue 2 billion square feet under management 18,000+ professionals and staff
john.stater@colliers.com
Colliers International | Las Vegas 3960 Howard Hughes Parkway, Suite 150 Las Vegas, Nevada 89169 | USA +1 702 735 5700 www.colliers.com/lasvegas
ABOUT COLLIERS INTERNATIONAL Colliers International (NASDAQ, TSX: CIGI) is a leading real estate professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn. Š 2020 Colliers International. The information furnished has been obtained from sources we deem reliable and is submitted subject to errors, omissions and changes. Although Colliers Nevada, LLC has no reason to doubt its accuracy, we do not guarantee it. All information should be verified by the recipient prior to lease, purchase, exchange or execution of legal documents.
