2015-11-08 - vegas inc - las vegas

v e g a s i n c . c o m | n o v e m b e r 8 - 1 4 , 2 0 1 5

By J.D. Morris | STAFF WRITER

Las Vegas tourism officials have a clear goal: They want to expand and renovate their convention facilities to meet demand for more space from trade shows, capture new business and fend off competition from other cities. But

accomplishing their objective isnt so simple. The Las Vegas Convention and Visitors Authority has yet to secure the riviera, ContinueD on page 15

$25Starting price of

memorabilia that dec-

orated the recently

shuttered Las Vegas

Club and now is for

sale at the Plaza.

$40MAsking price for 57 acres of

undeveloped land on the far end

of the Strip that Station Casinos

is trying to sell. One of the sales

requirements is that the land not

be used for gaming.

If we build it, will even more come?

attendees flood the Las vegas Convention Center as the trade show floor opens during the 2014 International Consumer Electronics Show. (StEvE marCuS/Staff fIlE)

LVCVA aims to expand valleys convention business with Riviera lot and upgrades, but some object to plan

05 06 18Q&A WITH DEBBIE LANDRYThe CEO of Redhead Enterprises is fulfi lling a lifelong dream by launching a fashion show in Las Vegas, and making it accessible to the masses. She talks about what kind of label she would like to produce, her biggest pet peeve in fashion and her favorite lunch spots.

THE NOTESPeople on the move, P4

MEET: ARCPOINT LABSFor Jimmy Platt, keep-ing up with technological advancements is not just a good business philosophy, its a survival strategy. Being able to adapt to the changing needs of his in-dustry keeps his company healthy.

TALKING POINTSHealth news shocker: Dont overdose on bacon, P7

DATA AND PUBLIC INFORMATIONA listing of local bank-ruptcies, bid opportuni-ties, brokered transac-tions, business licenses and building permits.

MORE VEGAS INC BUSINESS NEWSCalendar: Happenings and events, P17The List: General contrac-tors, P22

NOTEWORTHY STORIES

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PAINFUL PROCESS PUTS LAS VEGAS REAL ESTATE MARKET ON THE MEND

The signs of an abandoned house are all too familiar in the valley: padlocked doors, broken windows, dying trees and notices stuck with blue tape.

Las Vegas grapples with a larger share of such homes than most U.S. cities.

The valley has 16,752 vacant homes, comprising 2.6 percent of all residential properties. Nationally, 1.8 percent of homes are empty, according to RealtyTrac.

Las Vegas also has a larger share of homes whose debt-laden owners have bolted. More than 9 percent of homes in the foreclosure process but not yet bank-owned are vacant here , compared with 5 percent nationally.

Abandoned homes can poison a neighborhood. Vandals might steal appliances and copper wiring; squatters could move

in and trash the place; property

values could drop. The valleys

abandoned houses are yet another sign of the recessions long-lasting effects on ground zero of the housing boom and bust.

But an improvement could be coming.Lenders have been ramping up foreclosures

in Las Vegas this year, repossessing homes that likely have been empty and in disrepair for a long time. Its unclear whether the banks will put them all up for sale quickly, as a fl ood of listings could push down prices. But the rising repo session s could lead to long-vacant homes fi nally being sold and occupied again and shedding their padlocks and blue tape.

ELI SEGALL

CONTENTSVEGAS INC2

NOV. 8 - NOV. 14

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the notesSend your business-related information to [email protected]

VEGAS INC4

nov. 8 - nov. 14

Mindy Martinez of West-ern Risk Insurance earned a certified insurance counselor designation through the na-tional Alliance for Insurance education and Research. She is vice president of commercial lines and specializes in commer-cial property with a focus on homeowners associations and apartments. Jill Weiner-DiFabbio is a service rep-resentative and account manager at the company.

erica Benson and Curt Chambers are nevada state Bank branch managers. Benson manages the Twain and Jones branch, 3688 S. Jones Blvd., Las Vegas. Chambers manages the Centennial Hills branch, 6505 N. Buffalo Drive, Las Vegas.

todd sims is Interblocks vice president of operations. He previously was vice president of customer service at Bally Technologies.

Ron Grogan is administrator of the taxicab Authority. He suc-ceeds Charles harvey, who left in October. Jennifer DeRose, who served as acting administrator, returned to her job as deputy administrator.

Andrew simmons is director of the hospitality studio at nadel Architects. Simmons notable projects include the renovation of the Sahara into the SLS, as well as MGM Park and Arena Plaza.

north Las Vegas Library Di-rector Forrest Lewis is the 2015 Nevada Library Association Librarian of the Year.

Jeff Brigger is economic development manager for nV energys Economic Development Department. He manages planning, development, implementation and marketing of statewide growth strategies and economic development programs for NV Energy.

Piercy Bowler taylor & Kern, a public account-ing firm, promoted several employees in its audit and tax de-partments. Reas Allen and Josh hallett are audit man-agers. Kyle Foutz, Ken-don Gal-loway and Andrew Michaelis are audit senior asso-ciates. Tax accountant Aaron Mer-rill is senior associate.

Derek Wedge-worth is assistant general manager and Mo-nique Clements is marketing director at Downtown summerlin.

Reggie smith joined the pre-construction team and is a proj-ect manager at Korte Co. He acts as owners representative, contractors project manager and mechanical subcontractor project manager.

Kempersports was selected by Clark County to manage the Desert Rose Golf Club. The course was rede-signed by Randy heckenkemper and features a 4,400-square-foot clubhouse.

Lonnie Johnson and norma Lopez are member-services represen-tatives at the Clark County Credit Union.

tronox Plant Manager Rick stater serves on the McCaw school of Mines board of directors.

Caren Woodson and Lauren Payne, legislative policy ex-perts with a combined 17 years of experience in the cannabis industry, joined licensing con-sulting firm national Licensing services. Woodson and Payne will help clients stay in compliance with medical marijuana laws as required by the state Department of Health and Human Services.

Matt Wilson is Aristocrats senior vice president of global gaming operations. He was the companys senior vice president of sales and marketing.

The Penta Building Group promoted Ruben Llamas from project engineer to senior project engineer. The firm also hired steve Jeppsen, Chad Corey, teague Wolf-ley, Mason Biggi and Jeff MacCabe. Jeppsen is a senior virtual design construction engineer. Corey is safety manager. Wolfley is a project engineer. Biggi started with Penta in 2014 as an intern and was hired as a full-time project engineer. MacCabe was a VDC/BIM engineer intern and now works full time for the company.

Cherryl Kaopua is an account executive at Faiss Foley Warren.

samantha Grimes is the Cosmopolitans public relations manager.

Chef Johnny Church and Artisanal Foods Cater-ing & Caf selected one7 Communications as their public relations agency of record. speedVe-gas, the 100-acre racing complex scheduled to open in 2016, named Vox solid Communications its public relations agency of record.

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CELEBRATING 40 YEARS IN LAS VEGAS!

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the interviewSend your business-related information to [email protected]

VEGAS INC5

nov. 8 - nov. 14

What is the best business advice youve received, and whom did it come from?

Never treat employees as employ-ees but as respected members of your team. Hire them to do a job, and let them do it.

What inspired you to start the PrtPorter event?

The event was born out of a desire to attend a real fashion show, like during New York Fashion Week. The only problem is, there are no oppor-tunities for the general public to at-tend these types of events unless you are wealthy, a celebrity, a designer or a buyer. Since I have always been in-terested in fashion and doing a fash-ion show, it was a great opportunity to launch just that here in Southern Nevada for every fashionista out there. They can walk a red carpet, have their photos snapped and watch great retail stores and local designers show their garments, their designs and enlighten a crowd.

If you started a fashion line, what would your brand look like?

It would be a ready-to-wear line of comfortable clothing for women who may want to hide some bumps and lumps but be stylish and look fabu-lous.

How did you get into the advertising industry?

By accident. Im a creative person, and selling advertising led to other op-portunities: trade shows (I had 10 years of training in that industry), then mar-keting came along, and here we are.

Youre involved in a lot business, philanthropy, entrepreneurism. How do you keep everything balanced and organized?

Its tough, but I have great support with my business team and now with the show team and, I guess, a red-headed attitude to get things done and always succeed.

What are you reading? I just finished The War of Art:

Break Through the Blocks and Win Your Inner Creative Battles. I read only self-help books.

What do you do after work? Is there life after work? I watch TV

to unwind, play with the new puppy and enjoy time with my husband.

Where do you see yourself and your company in 10 years?

Since our plan is to produce the fashion show twice per year (fall/winter and spring/summer), our fo-cus needs to grow with this event. The marketing and advertising part of the business will continue with the

hiring of a new sales manager, new sales people, a new staff of employees and an office in 2016.

If you could live anywhere else in the world, where would it be?

Probably Hawaii. We were there last August, and I didnt want to come back. I just love the people, the cli-mate, the beautiful seas whats not to love? and Im sure Id get plenty of visitors.

Whom do you admire and why? So many, but I guess from a busi-

ness standpoint, my former boss, who taught me business ethic, fun and hard work and to always work as a team, not as an employee.

What is your biggest pet peeve? Leggings, if not worn correctly.

If paired right, theyre wonderful. However, they were never meant to replace pants.

Where do you like to go for business lunches?

There are so many great places in this town and so many lunches to at-tend. A few favorites are Cili, Nord-strom Caf, BJs, Brio and California Pizza Kitchen.

If you could change one thing about yourself, what would it be?

My impatience and inability to deal with stress; they both sometimes get the better of me. One of my dear friends who is on my team for this show teaches meditation. I believe after this event is over, she will be teaching me this art, but only after my trip to Hawaii to relax.

What is something people might not know about you?

I enjoy country music and once was a member of the Country Music Associa-tion. I was recommended for member-ship by a great friend, Garth Brooks!

Q&A with debbie lAndry

Making high fashion accessible to everyone

Debbie Landry, CEO and owner of Redhead Enterprise, has worked with several retailers to create the PrtPorter Las

Vegas Ready to Wear fashion show. Among the shows retail partners is White House Black Market at Fashion Show Mall.

Tickets can be purchased at readytowearlv.com. (STeVe MARcuS/STAFF)

Redhead Enterprises, a marketing, advertising and trade show business, has branched out into the fashion world. Beginning Nov. 13, it will host the inaugural PrtPorter Las Vegas Ready to Wear, a three-day fashion show at the Rio. For Debbie Landry, CEO of Redhead Enterprises, launching a fashion show and designing a brand have been lifelong dreams.

if you goWhat: PrtPorter Las Vegas Ready to Wear fashion showWhen: Nov. 13-15Where: RioTickets: readytowearlv.com

by the numbers

$9.4 billionAmount Walgreens will pay

to buy rival Rite Aid. The deal will result in Walgreens

owning almost 18,000 stores worldwide.

$29.4 millionNet profit made in Sep-

tember by Caesars Enter-tainment Operating Co., which filed for Chapter 11

bankruptcy reorganization in January.

35 percentAdditional stake in the

Golden Gate major-ity owner Derek Stevens

plans to acquire from Mark Brandenburg, whose family founded the casino. Stevens and his brother already own 65 percent of the 122-room

Golden Gate.

8Number of large banking

companies, including JPMorgan Chase & Co.,

Bank of America Corp. and Citigroup Inc., that may

have their credit grades cut by Standard & Poors based

on the assumption the federal government may

not provide aid in a financial crisis.

14Urgent-care centers that HCA acquired in Nevada.

HCA now owns 65 urgent-care centers nationwide.

10,000Amount of space, in square feet, being added to Zayo Group Holdings Las Vegas

data center. Zayo, which will expand to 28,000

square feet when construc-tion is completed, provides

Nevada businesses with colocation and interconnec-

tion services.

18.1 millionAnnualized rate of cars

and trucks sold nationally in September, the highest since 2005, according to

Wards Automotive Group.

3.2 percentIncrease in consumer

spending during the third quarter, which lifted GDP

growth to a 1.5 percent rate, according to the U.S. Com-

merce Department.

Describe your business.

We provide confidential drug, DNA and alcohol testing. We also offer telehealth ser-vices.

What is your business

philosophy?

We strive to be the very best, by constantly adapting, modifying, reinventing and im-proving every aspect of the business so it thrives in our fast-paced, continuously evolving world. Drug and DNA testing is plagued by the stigma of poor customer service and is seen as an extension of the medical field as a whole. At ARCpoint Labs, we strive to treat all clients with re-spect, not only when it comes to punctuality but also in terms of treating people like royalty. The client is king and should be treated as such.

How has your industry grown over the past decade?

Technological advancements constantly develop and redefine the industry. One such example is telehealth. Specialists, medical practitioners, pediatricians and der-matologists now can consult and prescribe treatment and medication from the comfort of their own homes in a mat-ter of minutes. I believe the smartphone apps and comput-er accessories being developed, and even those currently offered, to assist teledoctors are the biggest advance in hu-man health since antibiotics.

The increasing use of medical marijuana is becoming prevalent, too.

Because of these progressions, accessibility has caused a reduction in expenses. A wide range of DNA testing is available, and the Pharmacogenomics DNA test, which al-lows doctors to know an individuals susceptibility to a wide range of drugs, now is available for less than $400. At one time, only the wealthy and well-insured had access to this

incredible advance in science; now, its offered to the masses.

Whats the most important

part of your job?

Being accurate and reliable is a fundamental part of the business because our clients have to be able to trust the result. A simple test result could affect the cus-tody of children. An immigration

DNA test could result in a family member being stranded abroad. Every part of the process has to be invulnerable.

What is the hardest part about doing

business in Las Vegas?

Las Vegas is heavily regulated. The core of my business is a franchise, and there were many hoops to jump through that do not exist in any of the other states our franchise is located in. Many of the rules are irrelevant to improving the safety or quality of our lab. Having been involved some years ago as a state contractor, many barriers had to be worked through when it came to opening a business. Once all of the licenses are in place, it seems as if the goal is to stop everyone else from entering the market.

Look at Uber as an example. Every city in every nation regulates cabs for obvious reasons. Uber satisfied every-body else yet took much longer to come to Las Vegas. The taxi companies stopped the monorail going to the airport and almost succeeded in stopping Uber. I think Las Vegas is stuck in the 20th century and needs to acclimate.

What have you learned from the recession?

My entire life, real estate had always maintained or improved in value. But many of my hardworking, careful friends lost homes they had worked hard to obtain. What Ive learned is that there are no guarantees. Those who adapt will survive.

Businesses depend on ability to adapt

Jimmy Platt is president of ARCpoint Labs, which provides drug, alcohol, and DNA testing, as well as telehealth

services. (STEVE MARCUS/STAff)

ArCpoint LAbsAddress: 3365 E. Flamingo Road,

Suite 4, Las VegasPhone: 702-451-5434

Email: [email protected]: lasvegas-nv-metro.arcpointlabs.comHours of operation: 8:30 a.m.-5 p.m. Monday

through Friday, 9 a.m.-2 p.m. SaturdayOwned/operated by: Jimmy Platt

In business since: 2009

VEGAS INC6

nov. 8 - nov. 14get to know A LoCAL businessSend your business-related information to [email protected]

SmithS world

Mike Smith is an award-winning editorial cartoonist who also draws for the Las

Vegas Sun. His work is distributed nationally by King Features Syndicate. See

archives of his work at lasvegassun.com/smithsworld.

reader commentSWe want to hear

from you. Visit

vegasinc.com to

post your opinion.

on J.d. morris

vegasinc.com story

mGm resorts

murren on prospect

of charging for

parking: everythings

on the table :

Brilliant idea. Next,

the Strip will be like

going to San Francis-

co, where parking is

more expensive than

a good meal.

goodwin21

Locals are used to

free parking, but

tourists from other

large cities are used

to paying for park-

ing. It will discourage

locals, but then how

many locals go to

those casinos, even

with free parking?

bouldersteve

on Kyle roerinks

lasvegassun.com

story Southwest Gas

may raise rates by

nearly $30 million:

Whats next? The

water company

complaining that we

dont use enough wa-

ter during the sum-

mer, and we should

be charged more for

that, too? lvspiff

We save and con-

serve, and then they

want a huge rate

increase because we

use less natural gas?

MarcDouglas

on eli Segalls

vegasinc.com story

walgreens on the

las Vegas Strip

draws eight-figure

sales price:

Forget the casinos.

The real money is

made selling water ...

to tourists! Double-

DownNow7

Health news shocker: Dont overdose on bacon

T he World Health Organization recently dropped (read: gently placed) a bombshell (read: not a bombshell) that a steady diet of processed meats can cause health problems. In related news, it turns out that smoking cigarettes can cause lung cancer and sticking your head into a beehive can cause puffiness around the eyes.

Uh, exactly who or whom needed WHO to say this?Consider the pig. Pudgy and cute in its own way,

especially when wearing a red unitard and bounding around the woods with Christopher Robin. Or serious and symbolic, flying above the Battersea Power Station on a Pink Floyd album cover.

But its not the most hygienic animal you could ever sink your teeth into. Fair or not, thats what happens when you spend all day rolling around in your own feces: You get stereotyped as, well, a pig.

Remember, you arent only what you eat. Youre also what what-you-eat eats. And pigs dont have the dietary discretion of a koala bear or an Olsen twin. They swallow anything plopped in front of their mouths. They eat like, well, a pig.

The WHO wont be fooled. Its researchers found such a strong, causative link between ingesting processed meats and contracting cancer, particularly of the colon, they labeled processed meats carcinogenic to humans. Unprocessed red meat was called probably carcinogenic.

This isnt semantics; its serious. C is the scarlet letter in

the medical community; its the same term used to characterize tobacco and asbestos.

So, how much of a bad thing is bad? According to the WHO report, people who eat 50 grams of processed meat per day

are 18 percent more likely than they otherwise would be to contract cancer. Processed meats are those preserved through salting, smoking, curing, corning or jerking. All meat, of course, can be jerked; however, it typically is done to beef and pork products so they taste better and stay fresh longer.

But a little perspective: 50 grams per day is two strips of bacon or two slices of ham. Every. Single. Day. Which is a lot, unless of course youre Homer Simpson or Dr. Atkins.

And 18 percent more likely, while significant over a large population, doesnt make a huge difference to the individual. According to the Cancer Research Center in the United Kingdom, 6 percent of people will have colon cancer at some point in their lives. If pigging out on pig increases your probability by 18 percent, it means you now have a risk of 7 percent. (You multiply, not add.)

The message is moderation. Have one sausage, not a chain of links. Have a pull of jerky, not the family feed bag. And yes, have a hamburger, just not the one where if you finish it and live to tell you get your picture on the wall.

And if all else fails, listen to the Chick-fil-A cows: Eat Mor Chikin.

Roger Snow is a senior vice president at Scientific Games.

guest column: roger snow

VEGAS INC7

nov. 8 - nov. 14talKinG pointS

Send your business-related information to [email protected]

The MGM Las Vegas Arena is being built at 3770 Las Vegas Blvd. South, behind New

York-New York. It is scheduled to open next year. (LaS VegaS NewS Bureau)

your Business-to-Business newsSend your business-related information to [email protected]

MGM not ruling out charging for parking at new arena

Nevada gaming revenue up 1.5 percent in September

Southwest Gas might raise rates by nearly $30 million

By j.d. MorrisStaff Writer

MGM Resorts Internationals CEO does not yet know whether his company will eventually charge drivers to park near its new arena on the Strip.

But he has apparently not ruled the option out.

The 20,000-seat arena, developed in partnership with Anschutz Entertainment Group, is set to open next year in the area behind New York-New York, which is owned by MGM Resorts. Its intended to be a venue for entertainment events and potentially the home of a major league hockey team, if Las Vegas secures one.

Yet MGM Resorts is not building a park-ing garage to accommodate the influx of customers, opting instead to rely on existing garages and lots for now.

CEO Jim Murren said MGM did not have all the answers as to how it would address parking once the arena opens. He said the company was still studying the issue.

In fact, Murren said he originally pre-ferred a different spot for the arena to the south, near Mandalay Bay. The arena is instead being built at its current location in large part because of the surrounding in-frastructure, including thousands of park-ing spaces that we dont use today, Murren said. Nearby casinos include not only New York-New York, but Monte Carlo and MGM Grand, all of which are owned by MGM Re-sorts.

Murren stressed that it was pretty pre-mature to discuss with certainty how the parking situation would work. Still, he indi-cated that all options are possible includ-ing charging for parking spots. Doing so, at least during big events at the arena, could arguably help control the supply of existing

spaces.Everythings on the table at this point in

time, Murren said. I bet that by the end of this year, we will have a very clear plan.

Charging may not be necessary, though, from a supply-control standpoint. New York-New York can handle more drivers trying to park there, according to Muren, because it has a parking garage that was designed to handle an additional 1,000-room hotel tower that never was built. MGM Resorts also has underused parking space at Monte Carlo, Bellagio, Aria and elsewhere, he said.

Steve Sisolak, chairman of the Clark County Commission, said he had been inti-mately involved with the issue. Considering the options at all the nearby resorts, Sisolak said he was confident the area could offer enough parking spots.

Is it going to be where you open your door and step out in the arena? No, Sisolak said. But theres more than enough adequate parking. I really dont view it as a problem.

As to whether MGM Resorts should charge for parking to capitalize on big events at the arena, Sisolak said that was a business decision.

Although casinos in downtown Las Vegas charge to park, an abundance of free park-ing at major resorts is a staple of the Strip. As such, any attempt to charge for parking even only at certain times and in certain places might not go over well with many locals and regular visitors at first.

Murren also noted that the arena is being built without one penny of taxpayer dol-lars.

So Im not really sympathetic to some-body that says I want everything free when were the ones spending the capital to build the amenities that are to the benefit of the tourists and the locals, he said.

By j.d. MorrisStaff Writer

Led by a strong month in the states major casino mar-kets, Nevada gaming revenue rose 1.5 percent in Septem-ber, the state reported.

The Gaming Control Board said casinos won $916.4 mil-lion, compared with $902.6 in September 2014. Statewide, baccarat revenue grew 21.6 percent to $100.7 million, only the third time this year that theres been an increase in the games revenue from 2014.

Revenue from baccarat, a game popular among Chinese high rollers, has for the most part performed poorly over the past year. That appears to have been a spillover from ongoing struggles in Macau, where the Chinese govern-ments corruption crackdown and a slowing economy have hit casino revenues hard.

Statewide slot revenue fell 1.8 percent to $572.4 million, though senior research analyst Michael Lawton attributed the drop to an anomaly in the timing of collections from last year.

Most of Clark County had a good month, with county-wide gaming revenue rising 1.3 percent from last year to $780.4 million.

On the Strip, the states largest market, gaming revenue grew 2 percent to $504.8 million. Revenue from baccarat there increased 23.3 percent.

Downtown Las Vegas had an even better month com-pared with last year: Gaming revenue there shot up 9.3 percent to $47.5 million.

Lawton said downtown benefitted from the fact that the entire Labor Day weekend occurred in September this year, whereas last year it was partly in August.

The Life is Beautiful music festival also helped down-town, Lawton said. This years festival was held on the streets of downtown in September instead of October.

By kyLe roerinkStaff Writer

On Nov. 17, the state Public Utilities Commission will hear testimony on whether Nevadans will see heftier bills from Southwest Gas. The commission will rule on a re-quest made by the company in June to raise rates by an aggregate of $29.4 million, which it said was necessary to compensate for decreased demand stemming from warm-er-than-expected weather.

As a regulated monopoly, the company could ask the PUC to raise rates to collect revenues it planned to earn but didnt receive. This years request followed a $7.4 mil-lion rate hike the PUC approved three years ago after re-viewing the companys investments, operations costs and expected sales based on historical weather patterns. If approved as requested, the new rates would amount to a 6.3 percent increase in Northern Nevada and a 5.6 percent increase in Southern Nevada.

The 2012 estimates did not account for the unpredict-able back-to-back warm winters that reduced demand for heating homes and buildings. In the past, the company has returned money after predicting colder winters.

8nov. 8 - nov. 14VEGAS INC

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Investors still see value in flipping homes in Las Vegas

Walgreens on the Strip draws eight-figure sales price

By eli segallStaff Writer

House flippers arent giving up on Las Vegas, even though profits are sliding here and rising elsewhere, a new report shows.

Flipping accounted for 8.7 percent of home sales in Southern Nevada in the quarter ending Sept. 30, and sell-ers booked an average gross profit of $39,367 per deal, a 23.7 percent re-turn, according to RealtyTrac.

In the same period last year, flip-ping comprised 8.2 percent of home sales in the Las Vegas area, and sellers earned an average profit of $39,808, a

26.2 percent return.Nationally, flipping made up 5 per-

cent of home sales in the third quar-ter, up from 4.3 percent a year earlier. Sellers made an average profit last quarter of $62,122 per deal, a 33.8 percent return, up from $61,781, a 32.7 percent return, a year earlier, Re-altyTrac reported.

Nationwide, flippers cut back on deals last year because of slowing price growth and a shrinking inven-tory of flip-worthy homes, but inves-tors have started to jump back on the flipping bandwagon in 2015, Realty-Trac Vice President Daren Blomquist

said in the report.The Irvine, Calif.-based company

counts a flip as a home whose owners sold it within a year of buying it. The reported profits represent the sales price minus the purchase price and do not account for renovations or other costs the flipper may have incurred.

Flipping was a hallmark of the real estate bubble last decade, when inves-tors, often with little or no experience but backed by easy money, bought homes and sold them for profit a short time later. The get-rich-quick tactic helped inflate Las Vegas home prices until the bubble burst and the econo-

my crashed.Few places got as crazed with flip-

ping as Southern Nevada. In late 2004, a peak of roughly 19 percent of single-family home sales in the valley were flips, compared with a national peak of 8 percent in early 2006, ac-cording to RealtyTrac.

Today, despite more lucrative deals elsewhere, Las Vegas remains a popu-lar place to flip houses. Industry pros have attributed this to flipping-fo-cused reality TV shows, as well as Las Vegas lower home prices, transient population and long-standing image as an easy place to make a quick buck.

By eli segallStaff Writer

With merchandise that includes shot glasses saying Hangovers are for amateurs and T-shirts that list 15 reasons why a beer is better than a woman, this Walgreens isnt your usual neighborhood pharmacy.

Then again, its not in a typical neighborhood. Its on the Strip, and investors have again paid big money for the building in Americas gam-bling and party mecca.

The 1.6-acre property, on Las Ve-gas Boulevard at Convention Center Drive, recently sold for $37 million, up 33 percent from what the sellers paid in 2012.

Property records indicate that the buyer, backed by a $20 million loan, was New York home-curtains manu-facturer Elyahu Ely Cohen.

The sale is the latest investment in Strip pharmacies, which do a booming business slinging sinus relief, cosmet-ics, booze, food and Vegas-themed memorabilia. Investors pay hefty amounts to own the space, pharma-cies pay a fortune to rent it, and more drugstores have been opening.

It also comes amid a hoped-for turnaround on the north Strip, which in recent years has been blighted by mothballed casino developments and large swaths of empty land where oth-er projects never materialized.

Resorts World Las Vegas, across from the Walgreens, is poised to be a multibillion-dollar megaresort, al-though owner Genting Group, which bought the 87-acre property in 2013, appears to have made little progress transforming the once-abandoned,

partially built site into its Chinese-themed destination.

Meanwhile, the Walgreens deal is another apparent bet by Cohen on a Strip retail building this year. He teamed with other New Yorkers, property records indicate, to buy a 97,500-square-foot section of Show-case Mall, next to MGM Grand, in January for $139.5 million.

The seller, Virginia-based Har-bor Group International, bought the Walgreens property in 2012 for about $28 million. Its payment of around $1,740 per square foot reportedly set a U.S. record for single-tenant drug-store properties.

Since, commercial real estate pric-es throughout the country, especially in pedestrian-packed urban areas, have climbed, the economy has im-proved and business has picked up on

the Strip, Harbor President T. Rich-ard Litton said.

Brokerage firm Marcus & Millic-hap announced in January that the 16,000-square-foot building, at 3025 Las Vegas Blvd. South, was up for sale. There was no asking price, but the listing brokers said they expected to sell in the mid-$40 million range.

Litton said his group members ini-tially planned to own the property for five to seven years before selling. He indicated they were surprised to book such a high return after only three years.

Harbor has owned Walgreens and CVS buildings across the country, but the store on the north Strip has a lot bigger reliance on nonpharmacy retail sales, offering all the typical tourist stuff, Litton said.

It sells prescription and over-the-

counter medicine, as well as soda, food and other items found in most mainstream pharmacy outlets. But it also sells an array of Las Vegas-themed shot glasses, clothing, ash trays, flasks, margarita cups and, near the front entrance, 100-ounce, yard-long cups that casino-hopping tour-ists fill with alcohol.

You dont do that in Birmingham at the local Walgreens, Litton said of the merchandise.

Real estate is far more expensive on the famed Strip than in the valleys suburbs, and drugstores are no excep-tion.

Walgreens is paying about $120 per square foot in annual rent at the north Strip property, Litton said. Thats more than $1.9 million a year.

Pharmacies pay about $300,000 a year in rent for a typical residential store, Harbors listing broker Ray Germain has said.

Litton sold his building for $2,310 per square foot. By compari-son, investors in August bought a 15,000-square-foot Walgreens in east Las Vegas for $7.53 million, or about $500 per square foot.

Walgreens has five locations on the Strip, and it opened a store this year just north of SLS Las Vegas in a new retail plaza at the northeast corner of Sahara Avenue and Las Vegas Boule-vard.

Meanwhile, rival CVS has three locations in the resort corridor, in-cluding in the new three-story mall at Treasure Island. A company spokes-man has said another CVS is being planned for the Strip, and that it could open next year.

The Walgreens at 3025 las Vegas Blvd. south sold recently for $37 million a

32 percent jump from its sales price in 2012. (steve marcus/staff)


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riviera, from page 1

For 21 years, city has been tops for trade shows $1.4 billion it needs for planned construction and renovation, nor has it designed a new facility. And casino giant Las Vegas Sands Corp., which runs its own massive convention center on the Strip, is pushing back against the project.

Nonetheless, the LVCVA made substantial prog-ress this year when it bought the Riviera, across the street from the Las Vegas Convention Center, for $182.5 million. Funds are in place to tear down the

shuttered resort next year and prepare the site for use as outdoor exhibit space by early 2017.

What comes after that transforming the Riv-iera site from outdoor exhibit space into a conven-tion facility hinges on the work of a tourism group recently created by Gov. Brian Sandoval. Called the Southern Nevada Tourism Infrastructure Commit-tee, the group of public officials and industry lead-ers will examine the regions existing and proposed

convention centers, arenas, stadiums and transpor-tation options, and submit a report to the governor about the valleys infrastructure needs. The report also is expected to include recommendations about funding for the convention center.

At stake in the convention project, officials say, is Southern Nevadas ability to maintain its market-leading trade show business, which is vital to filling hotel rooms and sustaining the economy.

Why the LVCVA WAnts the RiVieRA site to beCome ConVention spACe

For 21 consecutive years, Las Vegas has been ranked the top trade show destination in the coun-try by the Trade Show News Network.

But the convention authority is worried another city might poach that bragging right.

Other major cities across the country and inter-nationally have identified Las Vegas as the primary competition and the shows held in Las Vegas as pri-mary targets for new business, officials wrote in the master plan for the convention center project.

Furthermore, some major trade shows say theyre running out of space in Las Vegas.

The International Consumer Electronics Show, for example, is capping attendance for the first time ever for its upcoming show in January. Karen Chupka, senior vice president of International CES and corporate business strategy, said her group worried that if the number of attendees continued to increase, show producers would not be able to move people around efficiently.

Attendance to CES grew 11 percent from 2014 to 2015, with 176,000 people registering this year, Chupka said. CES already uses the Las Vegas Con-vention Center, Sands Expo Center and Mandalay

Bay Convention Center, and the show could take up even more room.

We do feel like theres a need for more space, Chupka said. As I look out over the next year or two, we dont have much (room for) growth for raw exhibit space in the future. Were already trying to figure out how were going to accommodate that for 2017 and 2018.

The Las Vegas Convention Center doesnt have much more to offer. A study by Cordell Corp., which is helping the LVCVA manage the convention proj-ect, found the centers exhibit space is maxed out during the main seasons for trade shows.

Erecting a convention facility on the site of the Riviera is just one component of the project. A sub-sequent phase entails renovating the 56-year-old Las Vegas Convention Center, which desperately needs a facelift. The roof of Central Hall hasnt been replaced since the building opened in 1959, and it leaks during rainstorms. A third of the con-vention centers 46 restrooms, built before 1970, have never been renovated. Food-service facilities are inadequate.

But the authority is focused first on building new

space, so trade shows can be relocated while the existing facility is redone. That would allow Las Ve-gas to avoid losing business that could go elsewhere during renovation work.

but does LAs VegAs ReALLy need moRe ConVention spACe?

Las Vegas Sands Corp., owner of the Venetian and Palazzo, criticizes the convention center expansion on two fronts.

First, while dwindling room is a problem for the Las Vegas Convention Center, it isnt for Sands. The Sands Expo Center remains 12 percent away from maxing out its space capacity, according to docu-ments filed with the tourism infrastructure com-mittee. It also is 10 percent away from its maximum group room occupancy and contains untapped potential for multiple-location opportunities, of-ficials said.

Secondly, Sands officials disagree philosophi-cally about how the convention center likely will be funded. Sands officials feel tax dollars should be used to improve local infrastructure such as the airport, create mass-transportation options and even fund a major stadium not, as the com-panys presentation put it, to compete with the

private sector. The convention and visitors authority is funded

largely by hotel room taxes; its likely the expansion will require some form of public funding as well.

Still, there is reason to think Las Vegas can ac-commodate a substantial increase in convention space.

Josh Smith, a commercial real estate consultant for the gaming division of Colliers International, pointed to another of the citys major casino com-panies, MGM Resorts International, and its re-cently completed expansion of the Mandalay Bay Convention Center.

MGM doesnt just build that thing because they want to just build it, Smith said. They build it be-cause they think they can fill it.

Indeed, MGM Resorts CEO Jim Murren said Mandalay Bays new space already is fully booked for next year, and his company is evaluating how to

make the best use of convention areas across prop-erties, because as much space as we have, we dont have enough space.

MGM Resorts views the authoritys convention project, which will give the Las Vegas Convention Center an address on the Strip for the first time, in a more positive light than Sands.

Murren said he was taught by MGM Resorts founder, the late Kirk Kerkorian, that whats good for Las Vegas is good for MGM. So he doesnt feel threatened if event planners choose the Las Vegas Convention Center over Mandalay Bay.

This is not a zero-sum game, and any company that looks at it that way is looking at it in a very self-ish way, Murren said. I feel very strongly that the convention center not only needs to be upgraded because there are parts of it that I am not proud of walking through it needs to be expanded, be-cause there are (more) shows that we can get.

hoW LAs VegAs stACks up

Las Vegas has the most convention center

square footage in the country, but it isn't alone

in offering massive facilities. Here's how other

convention cities compare, in terms of conven-

tion center space.

n Atlanta: 3.9 million square feet

n Las Vegas: 3.2 million square feet

n Chicago: 3.2 million square feet

n Orlando: 2.1 million square feet

n New Orleans: 1.1 million square feet

n Phoenix: 900,000 square feet

n San Diego: 819,815 square feet

n Dallas: 724,526 square feet

n Washington, D.C.: 703,000 square feet

n Miami: 644,800 square feet

Source: Cvent

youR business-to-business neWsSend your business-related information to [email protected]

VEGAS INC15

nov. 8 - nov. 14

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Calendar of eventsTuesday, Nov. 10

U.S. Green Building Council Nevada

chapter: Whats best for buildings?

Time: 7-9 a.m. Cost: $20 for members, $35 for

nonmembers

Location: InNEVation Center, 6795 S. Edmond

St., Las Vegas

Information: Call 702-952-2468

Stakeholders in the solar panel industry will

discuss the past, present and future of battery

technology for buildings.

Henderson Chamber of Commerce

networking breakfast

Time: 7-9 a.m. Cost: $25 for members, $45 for

nonmembers, additional $10 for walk-ins

Location: Wildhorse Golf Club, 2100 W. Warm

Springs Road, Henderson


Karen Kyger of HopeLink of Southern Nevada

and Brian Burton of Three Square Food Bank

will discuss nonprofits in Las Vegas.

Las Vegas Metro Chamber

of Commerce: Eggs & Issues

Time: 8-9:30 a.m. Cost: $40 for members and

board of trustee members, $55 for nonmembers

and walk-ins

Location: Texas Station, 2101 Texas Star Lane,

North Las Vegas

Information: Call Maisie Rodolico at 702-586-3846

Rep. Cresent Hardy, R-Nev., will discuss federal

issues that affect the business community and

the health of Nevadas economy.

WedNesday, Nov. 11 Stirling Club luncheon

Time: 11:11 a.m. Cost: $26

Location: Gordon Biersch, 3987 Paradise Road,

Las Vegas

Information: Email [email protected]

Spencer Romano, CEO of Cr8tive Company,

will discuss web design, branding and digital

marketing.

Thursday, Nov. 12 Urban Chamber of Commerce:

Toastmaster Lunchtime Talkers

Time: 12-1 p.m. Cost: Free

Location: Urban Chamber of Commerce, 1951

Stella Lake St., Suite 30, Las Vegas

Information: Visit business.urbanchamber.org

Meet local professionals, grow your business

network and compete in a contest to perfect

your elevator pitch.

World Affairs Council: A

New Front in a New Cold War?

Time: 5:30-8 p.m. Cost: $50 for members, $65

for nonmembers

Location: Las Vegas Country Club, 3000 Joe W.

Brown Drive, Las Vegas

Information: Email [email protected]

Antanas Zabulis, senior advisor to the prime

minister of Lithuania, will discuss the Baltic

states and the geopolitics of U.S. and NATO rela-

tions with Russia.

UNLV: Fortune 500 Executive Speakers

Series

Time: 7-8:30 p.m. Cost: Free

Location: Greenspun Hall, 4505 S. Maryland

Parkway, Las Vegas


Aileen Zerrudo, communications director at the

Clorox Company, will discuss the companys

sustainability efforts and corporate communica-

tion strategies.

Friday, Nov. 13 BYU Management Society luncheon

Time: 11:30 a.m.-1 p.m. Cost: $30 for members

with RSVP, $35 for members without RSVP, $30

for guests with RSVP, $15 for students

Location: Brady Industries, 7055 Lindell Road,

Las Vegas


Bryce Earl, a shareholder at Holley, Driggs,

Walch, Fine, Wray, Puzey & Thompson, will

discuss how he helps clients create customized

intellectual property plans to protect their busi-

nesses.

MoNday, Nov. 16 Governors Global Tourism Summit

Time: Starts at 8 a.m., ends 5:30 p.m. Tuesday,

Nov. 17 Cost: $250 through Nov. 13

Location: Hilton Lake Las Vegas, 1610 Lake Las

Vegas Parkway, Henderson


Learn how to compete in the global market and

prepare your business for international visitors.

Tuesday, Nov. 17 Nevada Restaurant Association: political

luncheon

Time: 12-1:30 p.m. Cost: $250

Location: Mandalay Bay, 3950 Las Vegas Blvd.

South, Las Vegas


A political forum to address critical tax and labor

issues that will affect the restaurant industry

over the next few years.

Conventions ExpECTEd SHoW LoCATIoN dATES ATTENdANCE

Travel, Events and Management in

Sports - Teams Conference and Expo Mandalay Bay Nov. 9-12 2,000

International pool/Spa/patio Expo Mandalay Bay Nov. 10-12 9,500

LRp publications - 24th annual National

Workers Compensation and disability Conference Mandalay Bay Nov. 11-13 4,300

International Association of Emergency Managers Paris Nov. 13-19 3,000

American Academy of ophthalmology Annual Meeting Sands Expo and Convention Center Nov. 14-17 25,000

Kronos Inc. Works Customer Conference Aria Nov. 15-18 2,000

National Communication Association - NCA Meeting Rio Nov. 16-23 2,000

National Business Aviation Association Inc. (NBAA)

Annual Meeting and Convention Las Vegas Convention Center Nov. 17-19 25,000


VEGAS INC17

Nov. 8 - Nov. 14

VEGAS INC18

nov. 8 - nov. 14

Records and TransactionsBankruptciesCHAPTER 7Flexkom America Inc.10275 Rainbow Blvd., Suite 311Las Vegas, NV 89145 Attorney: Marjorie A. Guymon at [email protected]

CHAPTER 11Corporate Support Services of Nevada Inc.4535 W. Sahara Ave., Suite 200Las Vegas, NV 89102Attorney: David M. Crosby at [email protected]

Stardust Limousine Inc.10034 Chinook Gale CourtLas Vegas, NV 89183Attorney: Corey B. Beck at [email protected]

Bid opportunitiesMONDAY, NOV. 92:15 p.m.Spring Mountain Youth Camp: Security surveillance system-elec-trical conduitClark County, 603783Sandy Moody-Upton at [email protected]

3 p.m.Medical, core and support services for HIV/AIDS-infected and affected clients in the Las Vegas, Ryan White Transitional Grant areaClark County, 603851Sherry Wimmer at [email protected]

TUESDAY, NOV. 102:15 p.m.Sunset Park: Southwest parking lot rehabilitationClark County, 603876Sandy Moody-Upton at [email protected]

2:15 p.m.Winchester Community Center: roof replacementClark County, 603877Sandy Moody-Upton at [email protected]

2:30 p.m.All-season asphalt cold patchState of Nevada, 8384Marti Marsh at [email protected]

THURSDAY, NOV. 122 p.m.Barracuda Web FiltersState of Nevada, 8386Marti Marsh at [email protected]

2:15 p.m.IT Operations Center: Mechanical upgrades phases II and III

Clark County, 603819Sandy Moody-Upton at [email protected]

2:15 p.m.Walnut Recreation Center: renova-tion and additionClark County, 603874Sandy Moody-Upton at [email protected]

3 p.m.Current production model 1-ton extended utility truckClark County, 603837Sandra Mendoza at [email protected]

FRIDAY, NOV. 139 a.m.Clark Place parking garage: struc-tural wall improvementsClark County, 603735Sandy Moody-Upton at [email protected]

2:15 p.m.Circus Circus Drive from Industrial Road to Las Vegas BoulevardClark County, 603795Tom Boldt at [email protected]

3 p.m.ARC for janitorial services at Dr. William Doc Pearson Commu-nity CenterClark County, 603852Deon Ford at [email protected]

3 p.m.One-time purchase of fire appara-tus equipmentClark County, 603882Sandra Mendoza at [email protected]

Brokered transactionsSALES$18,400,000 for 53,690 square feet, office and retailAddress: 1215 and 1225 S. Fort Apache Road, Las Vegas 89117Seller: FAC Parks LLCSeller agent: Charles Moore, Marlene Fujita Winkel and M. Laura Hart of CBREBuyer: Did not discloseBuyer agent: Sheila Colfer and Fred Miller of Dickson Commercial Group

$4,025,000 for 36,426 square feet, officeAddress: 4425-4465 S. Jones Blvd., Las Vegas 89103Seller: Did not discloseSeller agent: Did not discloseBuyer: Premier Plaza LLCBuyer agent: Salina Ramirez of Commercial Executives Real Estate Services

$4,000,000 for 3.65 acres, landAddress: Blue Diamond Road and Decatur Boulevard, Las Vegas Seller: Blue Diamond Place LLSeller agent: Paul Chaffee and Wil Chaffee of NAI VegasBuyer: 318 Blue Diamond Place LLBuyer agent: Did not disclose

$750,000 for 5,741 square feet, officeAddress: 375 N. Stephanie St., Building 16, Henderson 89014Seller: QB Properties LLCSeller agent: Soozi Jones Walker and Bobbi Miracle of Commercial Executives Real Estate ServicesBuyer: International Cultural Ex-change ServicesBuyer agent: Did not disclose

$650,000 for 5,540 square feet, officeAddress: 1380 E. Sahara Ave. and 2408 Pardee Place, Las Vegas 89104Seller: Rusty Croissant LLCSeller agent: Matt Feustel of Virtus CommercialBuyer: Consulting Advisors of Nevada LLCBuyer agent: Amy Kyzykyan of Realty One Group

$350,000 for 6,089 square feet, officeAddress: 5175 Camino Al Norte, Las Vegas 89031Seller: Nevada New Builds LLCSeller agent: Paul Chaffee and Wil Chaffee of NAI VegasBuyer: Coastline RE Holdings NV Corp.Buyer agent: Did not disclose

LEASES$1,246,512 for 28,360 square feet for 48 months, industrialAddress: 6210 E. Tropical Parkway, North Las Vegas 89115Landlord: Venture Point LLCLandlord agent: Mel Koich and Craig Summers of Gatski Com-mercial and Ryan Hinton of Virtus CommercialTenant: Matrix NV LLCTenant agent: Mel Koich and Craig Summers of Gatski Commercial and Ryan Hinton of Virtus Com-mercial

$705,017 for 17,676 square feet for 65 months, industrialAddress: 4301 S. Valley View Blvd., Las Vegas 89103Landlord: BKM Windriver 104Landlord agent: Ali Roesner, Stacy DeBie, Tom Wagener and Craig Summers of Gatski CommercialTenant: Hersheys Chocolate WorldTenant agent: Gabe Telles of Gatski Commercial

$609,847 for 6,845 square feet for 38 months, industrialAddress: 5070 Arville St., Las Vegas 89118

Landlord: Circle JAT Enterprises LLCLandlord agent: Tom Wagener and Ali Roesener of Gatski CommercialTenant: Okamibrand LLCTenant agent: Did not disclose

$263,358 for 7,482 square feet for 62 months, industrialAddress: 3535 W. Cheyenne Ave., North Las Vegas 89032Landlord: BKM Cheyenne 104 LLCLandlord agent: Ali Roesener, Gabe Telles, Stacy DeBie and Craig Summers of Gatski CommercialTenant: Serenity Funeral HomeTenant agent: Mike Dalaiamo of Elite Realty

$199,436 for 6,020 square feet for 60 months, industrialAddress: 3395 W. Cheyenne Ave., North Las Vegas 89032Landlord: BKM Cheyenne 104 LLCLandlord agent: Ali Roesener, Gabe Telles, Stacy DeBie and Craig Summers of Gatski CommercialTenant: MultiChip Display Inc.Tenant agent: Did not disclose

$174,958 for 8,500 square feet for 38 months, industrialAddress: 4620 S. Polaris Ave., Las Vegas 89103Landlord: Did not discloseLandlord agent: Ali Roesener, Gabe Telles, Sean Simon and Craig Summers of Gatski CommercialTenant: Audio Design Studios LLCTenant agent: Rob Lujan of Jones Lang LaSalle

$150,450 for 1,835 square feet for 77 months, officeAddress: 301 Whitney Ranch Drive, Las Vegas 89014Landlord: Quail Bonita C LLCLandlord agent: Laramie Bracken of Gatski CommercialTenant: Shields Family DentistryTenant agent: Jared Bergquist of Bridge Commercial

$150,450 for 18,820 square feet for 38 months, industrialAddress: 3355 W. Cheyenne Ave., North Las Vegas 89032Landlord: BKM Cheyenne 104 LLCLandlord agent: Craig Summers, Gabe Telles, Ali Roesener, Stacy DeBie and Tom Wagener of Gatski CommercialTenant: Pinnacle Community Services LPTenant agent: Did not disclose

$132,720 for 1,835 square feet for 36 months, officeAddress: 701 E. Bridger Ave., Suite 500, Las Vegas 89101Landlord: 701 Bridger LLCLandlord agent: Robert S. Hatrak II of Virtus Commercial Tenant: Conversion Media LLCTenant agent: Dave Evenhouse of Re/Max Excellence

$96,300 for 2,675 square feet for

39 months, officeAddress: 4545 W. Spring Mountain Road, Suite 104, Las Vegas 89103Landlord: Mountain Point LLCLandlord agent: Robert S. Hatrak II of Virtus Commercial Tenant: Game NestTenant agent: Robert S. Hatrack II of Virtus Commercial

$94,000 for 2,401 square feet for 36 months, retailAddress: 4750 W. Sahara Ave., Suites 11 and 12, Las Vegas 89102Landlord: Sahara 3D LLCLandlord agent: Nelson Tressier and Michael Zobrist of Newmark Grubb Knight FrankTenant: Xander Enterprises Inc. dba Loguay and Xander CompanyTenant agent: Stacy DiBie of Gatski Commercial

$20,175 for 1,113 square feet for 24.5 months, officeAddress: 5715 W. Alexander Road, Suite 110, Las Vegas 89130Landlord: Southern Hills Pediatrics LLCLandlord agent: Benny Paul of Realty One GroupTenant: Color PrintingTenant agent: Ryan D. Hinton of Virtus Commercial

Business LicensesLa Cocina De Maribel License type: RestaurantAddress: 2312 E. Craig Road, North Las Vegas 89030Owner: Ozyris LLC

Leerco License type: Contractor Address: 8685 W. Sahara Ave., Suite 150, Las Vegas 89117Owner: Lindsay Energetics And Energy Revision Company Inc.

Liberty Gold Trader License type: Secondhand dealer class IIAddress: 4115 W. Sahara Ave., Las Vegas 89102Owner: Romie Hernandez

Lisamarie Pettit License type: Real estate salesAddress: 10000 W. Charleston Blvd., Suite 130, Las Vegas 89145Owner: Lisamarie Pettit

Look Style Society License type: CosmeticsAddress: 430 S. Rampart Blvd., Suite 150 Building 9, Las Vegas 89145Owner: Current Beauty Lounge LLC

Lowrys Catering Inc. License type: Alcoholic beverage catererAddress: 4125 W. Charleston Blvd., Las Vegas 89102Owner: Robert W. Lowry

THE DATASend your business-related information to [email protected]

VEGAS INC19

nov. 8 - nov. 14

Records and TransactionsLV Viking LLC License type: General retail salesAddress: Did not disclose, Las Vegas 89146Owner: Bogdan Woroniecki

Mailing & More! License type: General services counter/officeAddress: 7181 N. Hualapai Way, Suite 130, Las Vegas 89166Owner: Paan Enterprises LLC

Mamerto Gapultos LLC License type: Senior careAddress: 961 Noah Valley St., Henderson 89052Owner: Mamerto Gapultos LLC

Martin Luther King Health Center License type: MedicalAddress: 1799 Mount Mariah Drive, Las Vegas 89106Owner: Nevada Health Centers Inc.

Massage By Ronelle License type: Independent mas-sage therapistAddress: Did not disclose, Las Vegas 89108Owner: Ronelle Williams

Mo Hamilton LLC License type: Insurance agencyAddress: 7380 W. Sahara Ave., Suite 130, Las Vegas 89117Owner: Milagros Hamilton

Move On Moving License type: Transfer and storage companyAddress: 2620 Regatta Drive, Suite 102, Las Vegas 89128Owner: Queen Business Solutions LLC

Moving Forward Learning Center LLC License type: School Address: 800 N. Rainbow Blvd., Suite 208, Las Vegas 89107Owner: Tim Burke

Mundo Del Bebe License type: General retail salesAddress: 4530 E. Charleston Blvd., Suite E2, Las Vegas 89110Owner: Rosa Carrillo

My Art Stars License type: General retail salesAddress: Did not disclose, Las Vegas 89128Owner: Path to the Possible Well-ness Consultants LLC

Nationwide Plumbing LLC License type: ContractorAddress: 3716 Ashling St., Las Vegas 89129Owner: Richard E. Stanton II

Nationwide Plumbing LLC License type: Contractor Address: Did not disclose, Las Vegas 89129Owner: David Gerwask

Nevada Carpet & Flooring Techni-cians License type: Residential property maintenanceAddress: Did not disclose, Las Vegas 89107Owner: Emmanuel Flores

Nevada Collision & Auto Repairs LLC License type: Automotive garage majorAddress: 3010 Contract Ave., Suite B, Las Vegas 89101Owner: Adrianna Cramer

New Image Tailor & Alteration License type: Tailor and/or dress-makerAddress: 6014 Smoke Ranch Road, Las Vegas 89108Owner: James Miller

Novedades Mia License type: General retail salesAddress: 2901 W. Washington Ave., Suite 109, Las Vegas 89107Owner: Cesar A. Zamora

Nutrition Rush License type: Health food storeAddress: 6050 N. Decatur Blvd., North Las Vegas 89031Owner: Decatur Nutrition LLC

Oasis Therapy LLC License type: Professional services medicalAddress: Did not disclose, Las Vegas 89102Owner: Isabel J. Nunez

Partying with Ramirez License type: General retail salesAddress: 1655 E. Charleston Blvd., Las Vegas 89101Owner: Arturo Ramirez

Plamen Genchev Yordanov License type: Real estate salesAddress: 10750 W. Charleston Blvd., Suite 180, Las Vegas 89144Owner: Plamen G. Yordanov

Prepango LLC License type: General retail salesAddress: 806 Starboard St., Las Vegas 91914Owner: Marcos Modiano

Pro Expo License type: MultivendorAddress: 9090 Alta Drive, Las Vegas 89144Owner: Pro Expo Inc.

Prostone Group LLC License type: ContractorAddress: 5940 S. Rainbow Blvd., Las Vegas 89118Owner: George Haddad

Quick Clean Maids LLC License type: Residential property maintenanceAddress: 7343 Apache Mission Court, Las Vegas 89179Owner: Amanda Parotte

Ramon Lawn Maintenance License type: Property mainte-nanceAddress: 5109 Rancher Ave., Las Vegas 89108Owner: Abraham Ramon

Regal Nails License type: Beauty parlorAddress: 1807 W. Craig Road, North Las Vegas 89030Owner: Ton Beauty Salon LLC

Rhino Marketing LLC License type: Travel and ticket agencyAddress: 1717 S. Decatur Blvd., Suite J21, Las Vegas 89102Owner: Gary Gallant

Rita Renee Juarez License type: Massage therapistAddress: 9259 Satin Pond St., Las Vegas 89123Owner: Rita Renee Juarez

Rockin Fitness and Nutrition License type: Personal trainingAddress: 5355 S. Rainbow Blvd., Suite 229, Las Vegas 89118Owner: Lorelei Sprott

S&M Metal Works License type: Metal storeAddress: 2033 Deer Springs Drive, Henderson 89074Owner: Matthew Ortiz

S&M Tactical License type: Retail firearmsAddress: 2033 Deer Springs Drive, Henderson 89074Owner: Matthew Ortiz

Santa Kris Kringle License type: General services counter/officeAddress: Did not disclose, Las Vegas 89128Owner: Christopher Groeschke

Scrappyjacks Pupcakes LLC License type: General retail salesAddress: Did not disclose, Las Vegas 89131Owner: Bob Udit

Sew Yeah LLC License type: General retail salesAddress: 3690 N. Rancho Drive, Las Vegas 89130Owner: Ivan Tippetts

Shape Up Vegas License type: Sales/serviceAddress: 3248 Civic Center Drive, North Las Vegas 89030Owner: Alma L. Perez

Shelby for Life License type: Interjurisdictional businessAddress: 6430 Boatbill St., North Las Vegas 89084Owner: Charlotte Maria Shelby

Silver State Mechanical Inc. License type: Contractor

Address: 2005 Lou Adams Ave., Logandale 89021Owner: Silver State Mechanical Inc.

Soho Pizza Bar-Isabellas License type: Restaurant Address: 2620 Regatta Drive, Suite 118, Las Vegas 89128Owner: Lakeside Trifecta LLC

Solar Envy LLC License type: ContractorAddress: 4113 Narada Falls Ave., North Las Vegas 89085Owner: Solar Envy LLC

South Bay Athletic License type: Temporary merchantAddress: 3997 N. Hualapai Way, Las Vegas 89129Owner: Ben Pasco

Southern Hills Pest Control License type: Repair and mainte-nanceAddress: 3651 Lindell Road, Suite D108, Las Vegas 89103Owner: James Bruce Henrie

Southwest Collectables License type: General retail salesAddress: 1717 S. Decatur Blvd., Suite D53, Las Vegas 89102Owner: Gordon Brannon

SSJJ Cleaning Svcs. License type: Property mainte-nanceAddress: 213 Belmont Canyon Place, Henderson 89015Owner: Semana Silver

Tacos Las Tapatias License type: Open-air vending Address: 1401 E. Charleston Blvd., Las Vegas 89101Owner: E.T. Fresh Jerky LLC

Taqueria El Buen Pastor License type: Food services or cafe Address: 318 Fremont St., Las Vegas 89101Owner: Dimme Investment LLC

Team Property Management License type: Maintenance serviceAddress: 1508 Silent Sunset Ave., North Las Vegas 89031Owner: Archie Cann

Tenaya Creek Brewery License type: BreweryAddress: 831 W. Bonanza Road, Las Vegas 89106Owner: Tenaya Point LLC

Test Pcoyne License type: MultivendorAddress: 850 Las Vegas Blvd. North, Las Vegas 89101Owner: Patrick Coyne

The Advantage Group License type: Professional servicesAddress: 131 California Ave., Las Vegas 89509Owner: Taco Prins

The Doctors Center at Red Rock License type: Professional services medicalAddress: 8413 W. Lake Mead Blvd., Las Vegas 89128Owner: Leo J. Capobianco, DO, Ltd.

The Fix It Guy License type: Repair and mainte-nanceAddress: 6712 Rancho Santa Fe Drive, Las Vegas 89130Owner: David Delong Enterprises LLC

The Pickup Artists License type: Residential property maintenanceAddress: 1975 Village Center Circle, Suite 140, Las Vegas 89134Owner: The Pickup Artist LLC

The Siegel Group LLC License type: Management or consulting serviceAddress: 6759 W. Charleston Blvd., Suite 150, Las Vegas 89146Owner: Jonathan H. Siegel

The Wash License type: Automobile detailingAddress: 3006 Atwater Drive, Las Vegas 89032Owner: Victor Mariscal

Thevinyldude.com License type: General retail salesAddress: 1323 S. Commerce St., Las Vegas 89102Owner: Michael D. Trotta

Top Master Locksmith Inc. License type: LocksmithAddress: 5115 Dean Martin Drive, Suite 405, Las Vegas 89118Owner: Top Master Locksmith Inc.

Tracey L. Fluellyn License type: Real estate salesAddress: 5550 Painted Mirage Road, Suite 140, Las Vegas 89149Owner: Tracey L. Fluellyn LLC

Traffic Ticket Solutions License type: Professional servicesAddress: 3401 Sirius Ave., Suite 3, Las Vegas 89102Owner: Ticket Solutions Inc.

Trafficbuilders Inc. License type: General retail salesAddress: 4096 Kietzke Lane, Las Vegas 89502Owner: Valerie Rothe

Trends Boutique License type: BoutiqueAddress: 1180 Via Monticano, Henderson 89052Owner: Trends Boutique LLC

Tutoraid LLC License type: Tutoring serviceAddress: 11241 S. Eastern Ave., Henderson 89052Owner: Tutoraid LLC

U.S. Cycles

the dataSend your business-related information to [email protected]


VEGAS INC20

nov. 8 - nov. 14

Records and TransactionsLicense type: Automotive garage/service stationAddress: 2606 Westwood Drive, Las Vegas 89109Owner: Dale Gaines

U.S. Oil Solutions License type: Recycle waste haulersAddress: 3230 W. Desert Inn Road, Suite 180, Las Vegas 89102Owner: Nevada Oil Solutions LLC

United States-Mexico Chamber of Commerce in Nevada License type: Community servicesAddress: 500 N. Rainbow Blvd., Suite 300 Office 344B, Las Vegas 89107Owner: Alfredo Sanchez

Unity Land Construction LLC License type: ContractorAddress: 2870 N. Commerce St., North Las Vegas 89030Owner: Unity Land Construction LLC

Vegas Couture License type: General retail salesAddress: 875 S. Grand Central Parkway, Suite 19, Las Vegas 89106Owner: Eva Solis

Wi Calendars License type: General retail salesAddress: 4300 Meadows Lane, Suite 6511, Las Vegas 89107Owner: Western Project Services LLC

Xtreme Dent Repair License type: DealershipAddress: 1414 Pathfinder Road, Henderson 89014Owner: Did not disclose

Zakiyyah J. Hobbs License type: Bail agent/enforce-ment agentAddress: 1925 Western Ave., Las Vegas 89102Owner: Cutting Edge Bail Bonds - Las Vegas LLC

1-Uno Road Side Services License type: General services counter/officeAddress: Did not disclose, Las Vegas 89108Owner: Jose Caravantes

BUILDInG PERMITs$498,232, electrical3901 Donna St., North Las VegasT&M Controls Inc.

$348,926, commercial - alteration2021 Civic Center Drive, North Las VegasGluck Development Company Inc.

$300,000, single-family residen-tial - addition9505 Kings Gate Court, Las Vegas Executive Homes Inc.

$300,000, single-family residen-tial - addition9506 Kings Gate Court, Las Vegas Executive Homes Inc.

$254,404, residential - production2786 Hera Heights Court, Hen-dersonGreystone Nevada LLC

$252,852, residential - custom1111 Harwood Hills Court, HendersonDR Horton Inc.

$250,000, tenant improvement - nightclub2101 N. Rainbow Blvd., Suite 101, Las Vegas RA Lyons Inc.

$219,000, commercial - addition3950 N. Bruce St., North Las VegasKittrell Jensen Contractors LLC

$218,097, single-family residential - production474 Rosina Vista St., Las Vegas Woodside Homes of Nevada LLC

$214,757, residential - production1088 Via Alloro, HendersonGreystone Nevada LLC

$202,503, residential - production326 Mandarin Hill Lane, HendersonPardee Homes Nevada


$194,962, residential - production2782 Hera Heights Court, Hen-dersonGreystone Nevada LLC

$192,466, residential - production261 Glasgow St., HendersonBeazer Homes Holdings Corp.

$190,639, single-family residential - production12066 Vibrato Court, Las Vegas William Lyon Homes Inc.


$190,000, tenant improvement - offices10000 W. Sahara Ave., Suite 105, Las Vegas Boyd Martin Construction LLC



$177,968, single-family residential - production12069 Vibrato Court, Las Vegas

William Lyon Homes Inc.

$171,070, single-family residential - production9156 Mastodon Ave., Las Vegas DR Horton Inc.


$168,721, single-family residential - production374 Capistrano Vistas St., Las Vegas Ryland Homes

$168,721, single-family residential - production394 Capistrano Vistas St., Las Vegas Ryland Homes





$159,973, residential - production253 Glasgow St., HendersonBeazer Homes Holdings Corp.

$158,531, residential - production904 Everest Peak Ave., HendersonRyland Homes Nevada LLC

$157,019, single-family residential - production12270 Lorenzo Ave., Las Vegas Pulte Homes of Nevada

$157,019, single-family residential - production342 Rezzo St., Las Vegas Pulte Homes of Nevada

$154,866, single-family residential - production10849 Hammett Park Ave., Las Vegas Toll North LV LLC

$154,866, single-family residential - production10855 Hammett Park Ave., Las Vegas Toll North LV LLC

$150,000, tenant improvement - educational building549 N. Lamb Blvd., Las Vegas Kalb Industries of Nevada Ltd.

$148,712, single-family residential - production6773 Bristle Falls St., Las Vegas Ryland Homes




$146,665, residential - production2817 Poseidon Shore Ave., Hen-dersonGreystone Nevada LLC

$145,279, residential - production913 Carson Bluff Ave., HendersonRyland Homes Nevada LLC

$145,000, tenant improvement - storage3718 Vegas Drive, Las Vegas Quantum Services

$141,198, single-family residential - production10818 Irving Park Ave., Las Vegas Toll North LV LLC

$139,734, residential - production2471 Dragon Fire Lane, HendersonHacienda Trails LLC

$138,815, single-family residential - production9626 Ashlynn Peak Court, Las Vegas Richmond American Homes of Nevada

$138,306, single-family residential - production9801 Yellow Shadow Ave., Las Vegas Richmond American Homes of Nevada

$138,306, single-family residential - production9618 Ashlynn Peak Court, Las Vegas Richmond American Homes of Nevada

$134,760, single-family residential - production59 Berneri Drive, Las Vegas Pulte Homes of Nevada

$134,760, single-family residential - production56 Berneri Drive, Las Vegas Pulte Homes of Nevada

$132,996, single-family residential - production10814 Wrigley Field Ave., Las Vegas Ryland Homes

$132,359, residential - production692 Giselle Court, Henderson

Hacienda Trails LLC

$132,055, residential - new3629 Greenbriar Bluff Ave., North Las VegasJ.F. Shea Co. Inc.

$129,475, residential - production908 Everest Peak Ave., HendersonRyland Homes Nevada LLC

$129,143, residential - garage1072 Via Alloro, HendersonGreystone Nevada LLC

$126,259, residential - production690 Giselle Court, HendersonHacienda Trails LLC

$126,259, residential - production687 Narissa Ave., HendersonHacienda Trails LLC

$126,259, residential - production685 Narissa Ave., HendersonHacienda Trails LLC

$125,540, residential - new1316 Gilbert Creek Ave., North Las VegasPardee Homes of Nevada





$110,000, commercial814 S. Third St., Las Vegas AR Mays Construction Inc.

$101,806, residential - production1545 Olivia Parkway, HendersonCentury Communities Nevada LLC

$100,010, pool and/or spa2804 Ashworth Circle, Las Vegas Zakalik Judah Living Trust

$100,000, fence1209 Trade Drive, North Las VegasBurke Construction Group Inc.

$100,000, residential - remodel1 Anthem Pointe Court, HendersonFindlay Nevada Trust

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The List

Source: VEGAS INC research. It is not the intent of this list to endorse the participants or to imply that the listing of a company indicates its quality. Although every attempt is made to ensure the accuracy and thoroughness of VEGAS INC charts,

omissions sometimes occur and some businesses do not respond. Please send corrections or additions on company letterhead to Julie Ann Formoso, research associate, VEGAS INC, 2360 Corporate Circle, Third Floor, Henderson, NV 89074.

Category: general ContraCtors(ranked By July 2014-June 2015 Billings)

Company Billings Employees Year established Top executive

1 The Penta Building Group181 E. Warm Springs RoadLas Vegas, NV 89119

$234,993,964 128 2000 John Cannito, chief operating officer

2 Martin-Harris Construction LLC3030 S. Highland DriveLas Vegas, NV 89109

$175,250,914 202 1976 Frank Martin, president

3 R&O Construction6787 Spencer St.Las Vegas, NV 89119

$75,000,000 27 1997 Erik Skogstad, vice president and general manager

4 McCarthy Building Cos.2340 Corporate Circle, Suite 125Henderson, NV 89074

$44,000,000 53 1973 Jeff Wood, vice president of operations

5 Kalb Industries of Nevada5670 Wynn RoadLas Vegas, NV 89118

$27,009,460 27 1972 Justin Kalb, president

6 Boyd Martin Construction LLC5965 McLeod DriveLas Vegas, NV 89120

$25,688,310 27 2003 Boyd Martin, managing member

7 DC Building Group (formerly Danoski Clutts Building Group)101 E. Warm Springs RoadLas Vegas, NV 89119

$18,500,000 26 2001 Shawn Danoski, CEO

8 Kittrell Jensen Contractors1919 S. Jones Blvd., Suite ELas Vegas, NV 89146

$14,169,256 12 2008 Ron Jensen, managing partner

9 Merlin Contracting6408 Arville St.Las Vegas, NV 89118

$13,700,000 22 1989 Steve Jones, CEO

10 LM Construction Co. LLC5075 Cameron St., Suite HLas Vegas, NV 89118

$7,200,000 34 1996 Larry Monkarsh, managing member

11 Burke Construction Group Inc.385 Pilot Road, Suite DLas Vegas, NV 89119

$6,796,043 49 1984 Kevin E. Burke, president and CEO

12 Dakem & Associates LLC6170 W. Viking RoadLas Vegas, NV 89103

$6,700,000 13 1997 Daniel S. Amster, manager

13 Roche Constructors Inc.7680 W. Sahara Ave., Suite 130Las Vegas, NV 89117

$236,121 5 1986 Sandy Olson, vice president

VEGAS INC22

nov. 8 - nov. 14

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2015-11-08 - vegas inc - las vegas

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