Accelerating Success.
LAS VEGAS
INSIDER
A COMMUNICATION FOR BROKERS, EMPLOYEES, COLLEAGUES AND FRIENDS
SEPTEMBER 2020
The Top Convention Destination 320 days of sunshine, state-of-the-art facilities, and world-class dining and accommodations are just a few that make Las Vegas the world’s No. 1 trade show destination for the last 26 years.
We are what we repeatedly do. Excellence, then, is not an act, but a habit.
-Aristotle
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DISRUPTION 2020 – MARKETS
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UPCOMING CALENDAR - OCTOBER
6
FEATURED LISTINGS
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L AS VEGAS BY THE NUMBERS
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L AS VEGAS IN THE NEWS
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BROKER CONNECTION
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FEATURED DEALS
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KNOWLEDGE LEADER - MA XIMIZE
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LAS VEGAS RESEARCH - NOT DEAD
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L AS VEGAS DIRECTORY
OPEN F OR
Bu. s e n i s
DISRUP T ION 2020
September Public Market Updates. Building on our last Disruption piece on the public market’s performance both historically and during the early stages of COVID-19, we are taking a look at some new developing trends. Using the same four large public REITs in each sector (determined by market cap and market relevance)
SEPTEMBER 2020
revealed that REITs have underperformed the recent stock market surge.
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RETstockperformancehassigni4cantly laggedbehindthebroaderstockmarketindices,comparedtoboththepre-pandemicstock marketpeakandourlastanalysisinMay.
Nick Dessalines Research Analyst nick.dessalines@colliers.com
While other U.S. stock indices were revitalized in recent months, the REITs in our index posted an average stock increase of just 6.1% from May 27 to September 4. From February 19, the starting date for our last REIT analysis, to September 4, the values of data center companies increased by 12.7%, followed by losses in industrial (5.9%), healthcare (19.8%), residential (30.4%), retail (32.7%), and office (37.4%) — an average stock decline of 18.9%. The office sector in particular has been stuck in neutral; values barely increased (up 1.4% during that span). Three out of the four office companies in our index declined. Uncertainty about returning back to work has halted the sector’s growth and forced company executives to rethink real estate strategies. Many firms have also realized that working remotely hasn’t had the negative effects initially feared. Overall, the office sector had the weakest overall stock performance of any property type.
Data centers and industrial continue to be the best-performing sectors. The industrial sector has heavily benefited from the rapid and continued rise of e-commerce in the past few years, coupled with increased delivery demand in this current climate. Data centers, though, are unique, historically less impacted by economic downturns. And the heavy need for technology infrastructure during the pandemic has boosted data center REIT performance.
Highlights •
Office is the weakest-performing sector of all, while in May, retail was.
•
Data centers have performed the best, rivaling the expansion of the NASDAQ index since February. Industrial has been the best-performing large sector in that time frame.
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Since our last analysis, life science/ healthcare has posted the strongest gains, followed by retail.
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Residential is the only sector in which growth has declined since late May.
•
Alexandria Real Estate Equities, which focuses on only pure life science, has nearly returned to its pre-pandemic high.
•
Real estate services companies have rebounded of late, led by Colliers International.
COLLIERS INTERNATIONAL LAS VEGAS
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Photo by Matthias Mullie on Unsplash
Photo by ihtesham ismail on Unsplash
FEATURED LISTINGS Photo by Alive Coverage Photo by Alive Coverage/Sipa USA/
Photo by Marina Monroe from Pexels
AP Images
7900 West Sunset Road Dan Doherty, SIOR, Paul Sweetland, SIOR, Chris Lane, SIOR, CCIM and Jerry Doty, SIOR •
±69,580 SF available for lease
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±10,000 SF office space
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Lease Rate: $0.67 PSF, NNN – CAMS: $0.18 PSF
6400 S. Eastern Avenue Brett Rather, Steve Neiger, CCIM and Chris Clifford •
Suites ranging ±704 SF - ±12,635 SF for lease
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$150,000 Pads For Ground Lease
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New ownership with major property renovations coming soon!
710 Coronado Center Drive Alexia Crowley, CCIM •
±2,738 SF Class B medical office and professional office building
SEPTEMBER 2020
located in the Henderson Submarket
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•
Zoned (CC) Community Commercial
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Asking Price: $920,000
5970 South Fort Apache Road Steven Haynes •
100% occupied retail property for sale
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±12,000 SF Building + ±6,000 SF play yard
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Asking price: $3,495,000
3311 Meade Avenue and 3542 Sirius Avenue Dean Willmore, SIOR, Mike Willmore, Alex Stanisic and Lauren Willmore •
±15,400 SF light industrial space for lease
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Paved, secured yard space
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Lease Rate: $0.69/SF (NNN)
Partell Medical Center - 2870 S. Maryland Parkway Stacy Shapiro, CCIM, Patti Dillon, SIOR, Taber Thill, SIOR and Megan McInerney •
Medical office units ranging from ±1,085 to ±10,518 SF
•
4.5% Commission
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Ideal for large corporate headquarters and administrative uses
COLLIERS INTERNATIONAL LAS VEGAS
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LV NEED PRESS?
In the news. Black Creek Group Grows West Henderson Assets With Two New Industrial Buildings September 17 – Nevada Business Magazine
Raiders to lease industrial complex across from Allegiant Stadium September 15 – Las Vegas Review-Journal
Get the news out! Reach out and let us know the good news. New listings, properties just sold/leased, team news, etc! Help us, help you.
SEPTEMBER 2020
Milestone.
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Historic Downtown Las Vegas Property Under Revitalization to Become Premiere Food and Retail Destination August 26 – KTNV
SHOUT OUT TO KEITH & SUZETTE ON 15 YEARS WITH COLLIERS LAS VEGAS
$
1,000
LINKS FOR LIFE FOUNDATION LAS VEGAS Colliers International and the Links For Life Foundation is proud to support Candlelighters, Childhood Cancer Foundation of Nevada with their virtual Superhero 5k. READ MORE
The Rise of Telehealth: Issues and Implications
Raiders partner with Colliers LV on 10-year lease
The rapid growth and adoption of
The Las Vegas Raiders have secured a
telehealth has been put into even
decadelong lease on an industrial complex
sharper focus by the COVID-19 pandemic.
across the street from Allegiant Stadium.
Colliers’ Fall 2020 Healthcare Services Report defines telehealth and its various
Colliers International-Las Vegas helped
applications, looks at its expansion and
the team with the 10-year lease on the
potential and considers the issues and
33,040-square-foot industrial property at
challenges facing operators looking to
5525 Polaris Ave., the company announced
implement and grow telehealth services.
Thursday. The team plans to utilize the office and warehouse space for Raiders/
DOWNLOAD REPORT Shawn Janus & Stephen Newbold, Colliers International
$
1,000
LINKS FOR LIFE FOUNDATION LAS VEGAS We’ve donated to Construction vs. Cancer. A unique fundraising event that provides a festive, fair-like atmosphere for young cancer survivors and their families.
Allegiant Stadium employee check-in, vendor use and storage, according to Raiders President Marc Badain.
Latest insights on commercial real estate trends Colliers is committed to digging deep, uncovering commercial real estate trends and providing unique perspectives our clients can use to make the best decisions possible.
COLLIERS INTERNATIONAL LAS VEGAS
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Retail Spotlight.
WHAT’S HAPPENING NEXT IN RETAIL?
An Inside Look Featuring Shopify.
September 10
Colliers’ Fall 2020 Retail Spotlight Report looks closely at the level of impact the coronavirus pandemic had on commerce, from supply chain and brick and mortar to delivery logistics and customer service. Although many things remain uncertain as retailers and restaurants navigate the phases of reopening their businesses, the pandemic has forever altered the immediacy in which retailers must innovate to maintain relevance in the changing landscape.
SEPTEMBER 2020
This in-depth report takes a look at the future of where we’ll shop, provides a comprehensive
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trend report and features a Q&A with Shopify’s Kevin Donnelly, who discusses how retailers are moving online to change consumer behaviors, among other trends.
Anjee Solanki National Director, Retail Services anjee.solanki@colliers.com
Good News For Las Vegas.
RE AD MORE
LAS VEGAS BARS REOPEN FOR SERVICE
RE AD MORE
RE AD MORE
RAIDERS HISTORIC WEEK 2 VICTORY @ HOME
SLOWLY OPENING BACK UP
AFTER A 10-WEEK SHUTDOWN
FIRST HOME GAME ENDS WITH A WIN
QUARANTINE EASING IN U.S.
Taverns, bars, breweries, distilleries
Watch exclusive behind-the-scenes footage
A small victory for a tourism-driven
and wineries are open for business.
of the Las Vegas Raiders’ victory
state whose visitor numbers are down.
LEARN MORE ABOUT THE R AIDERS BR AND NEW STADIUM
COLLIERS INTERNATIONAL LAS VEGAS
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Photo by Matthias Mullie on Unsplash
Photo by ihtesham ismail on Unsplash
SEPTEMBER 2020
FEATURED DEALS Industrial Sale A sale to BCI IV Acquisitions LLC. The ±183,560 square foot industrial property is located in South 15 Airport at 1720 Chaparral Road, Building C in Henderson. The transaction amount was $22,394,970.26. Dan Doherty, SIOR, Paul Sweetland, SIOR, Chris Lane, SIOR, CCIM and Jerry Doty, SIOR of Colliers International represented the buyer.
Industrial Lease A lease to Just For Show, Inc. The ±4,800 square foot industrial property is located in Arroyo North Business Center (Phase I) at 6555 South Tenaya Way, Suite 700 in Las Vegas. Spencer Pinter of Colliers International represented the landlord, EJM Arroyo North I Property LLC.
Land Sale A sale to Paul & Lori Scrima. The ±1.25 acres of land located near Decatur Boulevard along West Agate Avenue (APN: 177-19-105-
SEPTEMBER 2020
003) in Las Vegas. The transaction amount was $246,000.00.
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Steven Haynes of Colliers International represented the seller, Robert & Kathleen Gomes.
Medical Office Sale A sale to GC Properties, LLC. The ±2,007 square foot medical office property is located in Quail Park II at 601 South Rancho Drive, Unit D28 in Las Vegas. The transaction amount was $400,000.00. Lauren Willmore, Stacy Shapiro CCIM, Dean Willmore, SIOR, Alex Stanisic and Mike Willmore of Colliers International represented the buyer.
Retail Lease A lease to Nextel Retail Stores, LLC. The ±2,040 square foot retail property is located in The Craig Shops at 3053 West Craig Road, Suite E in North Las Vegas. David A. Grant of Colliers International represented the landlord, Meyer S.F. Partners Limited Partnership.
Medical Office Lease A lease to NOVATIO, PLLC. The ±2,774 square foot medical office property is located at 6080 South Fort Apache Road, #110 in Las Vegas. Alexia Crowley, CCIM of Colliers International represented the landlord, TABASSI REALTY COMPANY LLC.
COLLIERS INTERNATIONAL LAS VEGAS
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L A S VEG A S RESE ARCH
NOT
DEAD
YET
The title above is a Monty Python reference to the plague cart scene in Holy Grail, which means it’s either very poignant given the situation we are currently in, or completely inappropriate. I’ll let you all decide that point yourselves. My reason for using that title is that it nicely sums up where SEPTEMBER 2020
Southern Nevada finds itself economically. We’ve suffered terribly in 2020,
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but we are not dead yet. IN FACT – WE’RE GETTING BETTER!
John Matt Stater Research & GIS Manager, SW Las Vegas - john.stater@colliers.com
When the governor decided to implement business
It is also worth noting that some of that increase
closures in March 2020, Southern Nevada took an
in CRE vacancy in Southern Nevada is due to the
economic hit unlike any we have probably ever known
unbelievable amount of industrial space being
– though to be fair I don’t have data going back to the
built in 2020 – 6.7 million square feet so far, and
Great Depression. I can say that, in terms of scale, the
almost 26.4 million square feet over the past
hit received in March made the Great Recession look
five years. Over that same period, the industrial
like a love tap.
market has absorbed 26.7 million square feet! We might be a bit behind in 2020, but we’re still
Now we are in recovery mode, and although the recovery
ahead of the game overall.
is not as swift as we would all like it to be, it is happening. I’d like to feature some good news here in terms of how
There is good economic news out there… but
much improvement we have seen since April 2020, when
don’t get cocky. We’re still at 0 convention
the numbers turned positively icky.
attendance, and home sales are actually down in 2020 compared to 2019, despite
To date, we have recovered approximately 45 percent
reports that they are booming. Gaming
of the jobs we lost in March and April. The great dead
numbers and job numbers have improved,
spot on the Las Vegas “Strip” in March and April has been
but they are way below where they should
replaced with something more lively … though perhaps
be. We still have a tough climb ahead of us in
too lively if a few unfortunately Youtube videos are
terms of economic recovery, so don’t expect
taken into account. People are once again coming to Las
things to be easy. Just know that things are
Vegas to play – despite worries that they would never
getting better, and they will continue to get
return – and hopefully people will soon return to attend
better provided we do not panic.
conventions as well. But that’s not all. Commercial real estate is doing surprisingly well when you consider how bad the
CATEGORY
APRIL 2020
NOW *
Employment
696,500
899,100
Leisure & Hospitality Jobs
154,300
222,500
Retail Jobs
84,700
97,800
Gaming Revenue
$3.7 M
$612.9 M
Taxable Sales
$2.45 B
$3.57 B
McCarran Passengers
152,716
1,623,377
Hotel/Motel Occupancy
1.7%
42.5%
New Home Sales
703
998
Existing Home Sales
1,970
3,326
economic numbers were in April. Overall CRE vacancy (i.e. industrial, office and retail combined) was 9.1 percent in the third quarter – compared to 8.2 percent in the first quarter. That’s not too bad considering how many people were laid off or furloughed from their jobs. The even better news is that we are not suffering nearly as bad now as we did during the last recession. The Great Recession officially began in December 2007 when Southern Nevada’s CRE vacancy was 6.6 percent, and ended in June 2009, when our CRE vacancy was 13 percent. We will probably see vacancy continue to increase for one or two more quarters, but should hopefully see some relief by the second half of 2021.
Now we are in recovery mode, and although the recovery is not as swift as we would all like it to be, it is happening. COLLIERS INTERNATIONAL LAS VEGAS *The data here is the latest we have, which means it comes from anywhere between June and August
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Upcoming Calendar. OC TOBER 2020 Our Deals - Launch New Deal Tracking System
Investment Monthly Meeting Zoom
Thursday, October 1
9:00am–10:30am Tuesday, October 27
NAIOP Virtual CRE Converge Wednesday, October 7 &
(Grant Traub to send Zoom link)
Thursday, October 8
Office Monthly Meeting Zoom
CREW Luncheon Zoom
9:00am–10:00am
11:30am–1:00pm
Wednesday, October 28 (Taber Thill to send Zoom link)
Tuesday, October 13
ULI Fall Virtual Meeting Tuesday, October 13 thru Thursday, October 15
Industrial Monthly Meeting Zoom 9:00am–10:00am Thursday, October 29
SIOR Luncheon Zoom 11:45am–1:30pm Wednesday, October 14
Retail Monthly Meeting Zoom 9:00am–10:30am
Call in: 712 770 4703 Access code: 121737
Nevada Day
OCTOBER BABIES: Brian Fike Michael Willmore David Grant Jennifer Manning Heidi Meidenbauer
Office Closed - NO WORK Friday, October 30
Tuesday, October 20 (David Grant to send Zoom link)
CCIM Luncheon Zoom
Happy Halloween Saturday, October 31
11:30am–1:30pm Wednesday, October 21
NAIOP Virtual Breakfast 7:00am–8:45am
SEPTEMBER 2020
Thursday, October 22
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Great job team!
I’m ahead of schedule!
2020 SALES AWARD TRIP MARCH 5–9, 2021
FAIRMONT KEA LANI IN MAUI
C ongratulations! - DAN DOHERTY - PAUL SWEETLAND - DAVID GR ANT - CHRIS LANE - JERRY DOTY - SPENCER PINTER - KEITH CUBBA - CHRIS CLIFFORD - MIKE STUART - BRIAN RIFFEL - PAT MARSH
YOU MADE THE PLANE
COLLIERS INTERNATIONAL LAS VEGAS
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// AUGUST 2020 //
MONTHLY LAS VEGAS OFFICE REPORT
SEPTEMBER 2020
Broker Rankings YTD
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1.
Dan Doherty
25. George Connor
2.
Paul Sweetland
26. Ryan Hendershot
3.
Mike Stuart
27. Brian Fike
4.
Chris Clifford
28. Kara Walker
5.
Jerry Doty
29. Suzette Lagrange
6.
Chris Lane
30. Gabe Skerlich
7.
David Grant
31. Al Twainy
8.
Spencer Pinter
32. Steve Haynes
9.
Brian Riffel
33. Steve Neiger
10. Pat Marsh
34. Brett Rather
11. Keith Cubba
35. Tyler Jones
12. Grant Traub
36. Andrew Kilduff
13. Dean Willmore
37. Gabe Telles
14. Mike Mixer
38. Jennifer Lehr
15. Dan Gluhaich
39. Sam Newman
16. Eric Molfetta
40. Joe Bonifatto
17. Scot Marker
41. Chase Pavlov
18. Taber Thill
42. Lauren Willmore
19. Patti Dillon
43. Rebecca Staniec
20. Stacy Shapiro
44. Megan McInerney
21. Alex Stanisic
45. Chris Bentley
22. Chris Connell
46. Jeff Swinger
23. Mike Willmore
47. Chris Lobello
24. Alexia Crowley
48. Amanda Irving
OFFICE
OTHER
4%
2%
RETAIL
10%
LAND
1%
AUGUST PROPERTY TYPES 33% Monthly Budget 45% YTD Budget
INDUSTRIAL
83%
Sales vs. Lease Revenue 3% - Sales
97% - Lease
August Anniversaries Scot Marker
1999
21 Years
Brian Fike
2015
5 Years
Alex Stanisic
2016
4 Years
Mike Willmore
2017
3 Years
Jennifer Manning
2018
2 Years
Brandon Roper
2018
2 Years
Christine Norberg
2019
1 Year
BROKER OF THE MONTH
C ongratulations!
DAN DOHERTY A Giving Spirit. DAN DOHERTY’S DONATION WILL BE GOING TO PROJECT MARILYN! The mission is to provide Feminine Hygiene Product to Homeless Women & Teens. Project Marilyn collects donations, raises funds, hosts events, assembles and distributes Project Marilyn bags. Currently, they are servicing the clients of LVMPD, Casa Del Luz, Cupcake Girls, Hoving Home and The Salvation Army. They have
A few words of wisdom. “How wonderful it is that nobody need wait a single moment before starting to
new partners inquiring about obtaining their services
improve the world.”
daily, so the public’s help is essential.
- Anne Frank
Global Post-COVID-19 Insights and Resources for Commercial Real Estate We are here to help you navigate the impact of the coronavirus (COVID-19) pandemic on your workplace, your assets and the global real estate market. Colliers’ Workplace Advisory team has launched The Next Work Experience Survey to help us better understand how COVID-19 has impacted the global
44 Deals
Our Las Vegas Office completed a total of 44 Deals for the month of August.
workforce. We’ll be comparing the results against the findings from our Working from Home Experience global survey, conducted earlier this year.
READ MORE COLLIERS INTERNATIONAL LAS VEGAS
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Taber Thill Office Division
Thill-Dillon-McInerney Team
L A S V EG A S BROK E R CONNEC T ION What is your favorite sport to watch and why?
College Football. The rivalry games are better, they play with more heart and they run more options. Also, if a football team can score a 100 points I want to see it. What would the title of your autobiography be?
Sweep the Leg! How do you like your eggs?
SEPTEMBER 2020
What ’s your least favorite way to have your eggs?
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Poached eggs for the win! In a boat or with a goat. I am more of an on a train or on a plane person.
What ’s the best advice you’ve ever heard?
“Listen more than you speak” Open your mind to learn, understand and empathize.
Tag! You’re it! Patti Dillon, you’re next for our Broker Connection. We’re brewing up your custom questions now. Be on the lookout.
COLLIERS INTERNATIONAL LAS VEGAS
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WOMEN OF DISTINCTION FINALIST
Accelerating Success.
ANGELINA SCARCELLI, CPM, CCIM Director of Operations
We are proud to announce that Angelina Scarcelli, CPM, CCIM from our Property Management/REMS division has been named a finalist in the NAWBO’s 2020 Women of Distinction Awards! The Women of Distinction Awards honors remarkable women in the Las Vegas community for the great work they are doing to improve Southern Nevada’s business landscape.
Congratulations and best of luck, Angelina!
www.colliers.com/lasvegas
Knowlege Leader
READ MORE
Leverage and Monetize Vacant Space When most entertainment-driven businesses, like arcades or movie theatres, were forced to shut their doors at the pandemic’s genesis, both the businesses themselves and the shopping centers and plazas they often anchor felt the impact. Cineplex, a Canadian move theatre chain,
SEPTEMBER 2020
reported a $178.4 million loss in the first quarter of 2020 alone. Even when shopping centers
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were able to welcome back customers, the doors of these theatres remained closed, leading to an ongoing loss of any spillover foot traffic.
Reinventing Retail in the Age of COVID-19: Maximizing Landlord and Tenant Partnership Opportunities
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
Patti Dillon
+1 702 836 3790
Andrew Kilduff
+1 702 836 3718
Megan McInerney
+1 702 836 3700
Rebecca Staniec
+1 702 836 3792
Taber Thill
+1 702 836 3796
RECEIVERSHIP Christopher LoBello +1 702 836 3714
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
Mike Stuart
+1 702 836 3739
VALUATION SERVICES Richard Koldewyn
+1 702 836 3738
Heidi Meidenbauer +1 702 836 3726 Evan Ranes
+1 702 836 3749
Brandon Roper
+1 702 836 3734
Angel Vidal
+1 702 836 3775
LAS VEGAS COLLIERS INTERNATIONAL LAS VEGAS
23
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.
