Declines in office rents pinch owners
Office rents in the Reno area have fallen so far that building owners increasingly find themselves in financial straits.
“Rents cannot continue to fall without permanently damaging the health of the overall office market,” says Tim Ruffin, managing partner and senior vice president of Colliers International in Reno.
The squeeze is particularly tight on owners of smaller and older office buildings — owners who often are individuals who traded up out of the residential market when times were better — as companies take advantage of low rents to move into top-quality office space.
Capital, staffing challenge geothermal
The availability of capital, experienced professionals and electric transmission lines will play major roles in determining how quickly the geothermal industry arises in northern Nevada.
And the price of natural gas — a competitor to geothermal when it’s used to fire electric generating plants — could play a part, too.
The geothermal industry could be a $22.5 billion industry in Nevada — mostly northern Nevada — within the next 30 years, says the Geothermal Energy Association.
Juggling professionals learn to manage many balls in the air
Successful managers learn how to juggle multiple responsibilities.
And successful jugglers, it turns out, are those who have learned how to manage.
About 350 jugglers are expected to descend on John Ascuaga’s Nugget this week for the annual festival of the International Jugglers’ Association.
While they’re in town, jugglers will compete for individual and team championships, participate in workshops on subjects such as advanced club passing (participants will work on passing with both hands, counts, hurrys and zips) and cheer shows by veteran and newcomer juggling performers.
The association knows its members: Before booking at John Ascuaga’s Nugget, planners made sure the ballroom ceiling was at least 22 feet high. The Rose Ballroom passed muster at 25 feet.
Monarch’s revenue, net increase
3D Armor’s new look
Strategy, product hit sweet spot for Kimmie Candy
Bagel franchise readies seven-store push into region
Accounting for new times
“With a personality like that, he never should have become a public accountant!”
Tough words from the chief executive of Reno-based accounting firm Muckel Anderson CPA. But Grant “Butch” Anderson III isn’t afraid to mince words. He knows the accounting profession is much more serious than joking around.
Still, the 1981 graduate of University of Nevada, Reno has to chuckle, especially when it comes to describing the decision one well-known humorist made decades ago to put away his No. 2 pencils, hang up his green eyeshade and pursue other endeavors.
The target for Anderson’s comment was funnyman Bob Newhart who, back in the early 1950s, studied to be an accountant.
Sparks facility to provide 50 musician rehearsal rooms
Study: Mine could be profitable
Regional contractors draw discipline
D&D wins work, rehires 25
BR Construction wins work
New State Farm agency
U.S. Ordinance contract
Saint Mary’s Hospice
Abbi wins PR work
Sperry Van Ness moves
New location for Sleep Shop
Hospital renovations finished
New focus for Urex
Virginia City claims acquired
Dermody finishes project
Certification for recycler
BBB accredited businesses
Sparks Finance honored
Hometown culture makes all the difference for CPA
In his word words: Mark Robertson of Mark Robertson CPA
Regional recycler
The decision to locate a facility in Elko has paid off for Pacific Steel and Recycling, which has added more than a dozen mine sites to its list of recycling customers since opening in September 2009.
Pacific, which operates from a 44-acre facility at the Elko Regional Railport, started recycling operations with a single Barrick Goldstrike mine, and has since expanded into processing scrap steel and other metals from all the Barrick and Newmont Mining Corp. properties in the region.
The logistics of rail transportation was one of the main reasons Pacific chose to open a facility in Elko — its first operation in Nevada.
“We were servicing this area from Twin Falls, and Boise/Nampa already,” says Manager Kelly Wilson, who relocated from Boise to run the Elko facility. “The more familiar we became with the area the more we saw that the amount of business and the potential for business here was such that we needed to have a branch locally. It wasn’t cost-effective to try and service it
Elko Chamber of Commerce ‘Chamber Checks’ program tops $6 million in sales
What you should know about financial planning
Interactive financial planning
7 key principles to strengthen your investment portfolio
Include alternative investments in your portfolio
Sunny, with a chance of tar balls: A forecast
“Save” doesn’t have to be a four letter word
Bill Fasig
Robert (Bob) Nolan
Valerie Hahn
Joe Clements, Sergio Romero
CPA society officers, board
Randi Thompson
Kara Player
Dale Rogers
Rew R. Goodenow
Mary Sandberg
Education Alliance leadership
Payroll tax exemption, credit available
Take charge during the last 30 days of summer
How to address an employee problem
A year of critical decisions about training
