NAIOP News

Southern Nevada Water Authority Proposes Substantial Rate Increases for Commercial Properties

Feb 01, 2012
Members of the NAIOP board of directors along with several other principal NAIOP members, met with Pat Mulroy, General Manager of the Southern Nevada Water Authority (SNWA) on Monday, January 30, 2012, to discuss the impacts of three proposed rate increase schedules. The SNWA is under increasing pressure to increase revenues to cover debt service and operational costs since revenues from regional water connection charges on new constructed plummeted from over $188 million in fiscal year 2005/2006 to an less than $11 million in fiscal year 2010/2011. Authority General Manager Pat Mulroy stated in our meeting, "frankly, we really relied too heavily on connection charges in the past". The SNWA board of directors has narrowed the fee increase scenarios to the following three options: 1) Option #1: Increasing the Commodity Charge by SNWA from $0.30 per 1,000 gallons to $1.06 per 1,000 gallons through 2015 and $1.63-$1.64 per 1,000 gallons from 2016 through 2021. This option impacts heavy water users such as commercial laundries, hotels, golf courses, and other businesses that consume large amounts of water. It affects users based solely on their water consumption. 2) Option #2: A Fixed Charge per Meter. Under this scenario, for example, the typical residential home would be increased $5 per month, a 4" residential meter (hotel/apartments) would be increased by $192.03 per month, a 4" commercial meter would be increased $360.79 per month, and a 4" Fire Meter would increase $144.32 per month. This scenario disproportionately impacts those users who do not consume a lot of water. It is strictly based on the size of the meter you have to your property, not the consumption of water you use. 3) Option #3: Increase in the Commodity Charge by $0.05 per year plus a Fixed Monthly Charge per Meter. Under this scenario, the Commodity Charge would be $0.35 in 2013, $0.40 in 2014, $0.45 in 2015, per 1,000 gallons of water consumed, in addition to an increased per meter charge. The Fixed Charge would be, for example, a residential home meter increases $5.00 per month, a 4" residential meter increases $173.41 per month, a 4" commercial meter increases $303.75 per month, and a 4" Fire Meter increases $121.50 per month. This scenario is a blend of Options 1 and 2, whereby the consumption (commodity charge) is not increased as much, but it is coupled with a per meter increase as well. Here is a link to the presentation given by the SNWA that outlines the various Scenarios in greater detail. (please see link to pdf file attached) Under all 3 Scenarios, there are additional substantial increases anticipated in 2016 due to additional underground water storage agreement charges payable to Arizona and additional bond debt service for the completion of the 3rd intake straw into Lake Mead. This construction project was originally contracted to cost $447 million, but now according to Ms. Mulroy, is estimated at $800 million. As a commercial property owner or manager, you need to understand how this increase will affect your property and your tenants. Most, if not all of the increases will be passed along to the businesses, and they should be made aware as well. You can go to www.snwa.com and select "Water Bill Estimator" to get an idea of the impact the 3 options will have. You will need to know your typical monthly consumption and the size of the water meter. This information is typically found on your water statement. The SNWA board of directors is planning to vote on accepting one of these 3 Options at their meeting scheduled for February 29th. There will be additional public meetings on February 13th, 15th, & 19th (schedule & locations at www.snwa.com). In addition, NAIOP is planning to meet with the SNWA the week of February 13th to discuss the impacts to the commercial real estate market further. If you have questions or would like to share your comments, please contact either John Ramous johnr@harsch.com or Suzette La Grange at suzette.lagrange@colliers.com with NAIOP Government Affairs committee.

Downloads: Download Presentation

2012 Committee Sign-Up Form

Jan 03, 2012
Sign up for a committee and get involved today!

Downloads: 2012 Committee Sign-Up Form

RCG Fast Facts for January 2012

Dec 28, 2011

Downloads: RCG Fast Facts for January 2012

Pre-Pay for NAIOP Breakfast Meetings for 2012

Dec 07, 2011
Pre-pay for all 2012 Breakfast Meetings and get 1 Breakfast Meeting free!

Downloads: NAIOP Breakfast Pre-Pay Form

RCG Fast Facts for Novemebr 2011

Oct 27, 2011

Downloads: Q3 Chart

2012 Breakfast Sponsorship Opportunities

Oct 27, 2011
Enhanced sponsor benefits, now including year-long benefits!

Downloads: Sponsorship Information and Commitment Form

Downloads: Non-Member Sponsorship Information

Announcing the 2012 Spotlight Event Call for Entries and Nominations

Oct 18, 2011
Copy and paste this link to your browser for Instructional Video: http://youtu.be/96vCa9vHIaY

Downloads: Call for Entries and Nominations Form

NAIOP Board of Directors Elections for 2012/2013

Sep 01, 2011
Nominations for the NAIOP Southern Nevada Chapter Board vacancies are open from this date until September 15, 2011.

There are seven (7) Board positions open for the two-year term beginning January 1, 2012. The total number of directors is 15 for the year 2012. Below is a list of the current Board members that will stand for re-election if they so desire and the directors remaining on the board. Pursuant to the By-Laws, the Election Committee is charged with setting the slate of nominees.

Board members are expected to attend monthly Board of Directors meetings, the Chapter Breakfast meetings, and the Chapter’s special events. In addition, Board members are expected to chair or serve on at least one committee. Attached is the commitment form all Directors will be expected to sign upon election to the Board.

If you wish to be included for consideration by the Election Committee, please forward a one (1) paragraph biographical sketch including qualifications for the position and past involvement with NAIOP to the Southern Nevada Chapter address or fax listed below, or email to katrina@naiopnv.org by September 15, 2011.

The slate of candidates will be emailed to the membership no later than October 3, 2011 and ballots shall be due no later than October 21, 2011.

If you have any questions, please contact me at 792-7553.

Kyle Nagy, President-Elect
NAIOP Southern Nevada Board of Directors

Term Expires December 31, 2011:
Connie Brennan, Nevada Business Magazine
Suzette LaGrange, Colliers International
Christopher Larsen, Dekker / Perich / Sabatini
Rod Martin, Majestic Realty Co.
Ralph Murphy, Circle M Development
John Restrepo, Restrepo Consulting Group
Brad Schnepf, Schnepf Enterprises

Remaining on the Board for 2012:
Kirk Boylston, EJM Development
Sallie Doebler, Jaynes Corporation
Mike Majewski, Spatial Economic Concepts
Mike Montandon, Voit Commercial Brokerage
Kyle Nagy, CommCap Advisors
Michael Newman, CB Richard Ellis
John Ramous, Harsch Investment Properties
Michael Shohet, Territory Incorporated

Downloads: NAIOP Board Responsibilities

Government Affairs Update – September 2011

Aug 26, 2011
National
A team from the NAIOP Southern Nevada Chapter recently met with Congressman Joe Heck to discuss economic development efforts, job creation, and infrastructure development. Of particular interest to NAIOP is the potential federal funding of the I-11 corridor connection Southern Nevada with Phoenix. These are the only two major metropolitan cities that are not connected by a federal highway. Other issues that were discussed with Congressman Heck include the continuation of a 15 year depreciation schedule for tenant improvements that is set to expire at the end of this year and the potential impact to the commercial development community if the federal government changes the tax burden on carried interest profits from capital gains income to ordinary income.
To learn more, you can download NAIOP’s 2011 Federal Legislative Priorities by Copy and Pasting this link. http://www.naiop.org/governmentaffairs/issues/2011/2011GaAgenda.pdf
State
This past month representatives from our chapter met with Assemblywomen Irene Bustamante Adams and Dina Neal. It was an excellent meeting whereby we reviewed the past legislative session including some of the legislative bills NAIOP was able to defeat and other bills that NAIOP was able to modify to produce acceptable legislation. We also discussed the importance of shared infrastructure such as roads and railways, the Inland Ports bill, public private partnerships, and the economic development structure set forth in AB 449. NAIOP looks forward to working with both Assemblywomen in the 2013 legislative session and continuing our relationship as a resource to our elected officials.
At our August government affairs meeting, we were pleased to welcome Michael Skaggs, Executive Director for the Nevada Commission on Economic Development. Mr. Skaggs is in the process of implementing the changes set forth in AB 449, the bi-partisan economic development bill that was passed by the legislature earlier this year. It is a huge and complex undertaking. A study is currently underway to identify target industries for economic development in Nevada. As a result of that meeting, NAIOP has invited Dr. Robert Lang, UNLV Director of Brookings Mountain West and the Interim Director of the Lincy Institute, to attend our September 8th Government Affairs meeting to discuss the study in greater detail.
Local
Clark County Fire Department
Over the past couple of months, NAIOP has worked diligently to improve our relationship and communication with the Clark County Fire Department. In July, we met directly with Chief Washington to discuss challenges with the plans check, permitting, and inspection process. He has indicated a strong willingness to work with NAIOP and the development community to improve service delivery within the fire department. In August, NAIOP members Ken Hannifan and Jim Stroh met with Deputy Chief Kelly Blackmon and County Manager Randy Tarr, among others, to discuss fire code issues affecting our community. There are several code issues that become challenging when trying to repurpose and re-tenant existing buildings for new businesses. NAIOP is leading the effort to make the process as cost effective as possible, while still protecting the safety of the occupants. The Clark County Fire Department currently has a Customer Satisfaction Survey available on the CCFD website. They have received about 70 responses and would like to receive a few more.
If you haven't had a chance to take the survey, please take a few minutes and Copy and Paste this link to complete the process. Remember - Your Opinion Counts! http://www.surveygizmo.com/s3/567888/ccc65b524fa2 (link in case you need it)
Clark County Fire Department is updating its Requirements and Permit Guidelines. Copy and Paste this link to view the most recent changes. http://fire.co.clark.nv.us/(S(sivjtr1blwis44nzbelb02ny))/How%20To%20Guide.aspx
Please review and provide comments by September 24th before they are implemented
Clark County Fire Department Implements a Second Response Policy: Customers can receive a timely response when there is disagreement with the first response they have been given by fire prevention. This policy provides a formalized means for receiving a second opinion for plan review and inspection related issues. To view the policy, copy and paste this link http://fire.co.clark.nv.us/Files/pdfs/SecondResponsePolicy.pdf

June 2011 Legislative Counsel's Digest of Assembly 449

Jun 15, 2011
June 2011 Legislative Counsel's Digest of Assembly 449

Downloads: Click here for PDF version of the Legislative Counsel's Digest of Assembly 449

NAIOP Southern Nevada Responds to Mayoral Election Results

Jun 09, 2011
LAS VEGAS (June 7, 2011) In response to the Las Vegas Mayoral election results, Sallie Doebler, President of NAIOP Southern Nevada said the following: "NAIOP Southern Nevada congratulates Mayor Goodman on her victory tonight. Since hosting a candidate discussion in April, our chapter leadership and members have closely followed the race and the issues that stand to impact the business climate in Las Vegas. We look forward to a strong working relationship with Mayor Goodman and providing assistance and support for business-friendly policies that will strengthen the commercial real estate industry and diversify the economy in Southern Nevada." ABOUT NAIOP, SOUTHERN NEVADA: NAIOP Southern Nevada is a chapter of NAIOP, the Commercial Real Estate Development Association, and it comprises 500 members serving the local Southern Nevada market. NAIOP is the leading organization for developers, owners and related professionals in office, industrial and mixed-use real estate, with 15,000 members in North America. NAIOP advances responsible commercial real estate development and advocates for effective public policy. For more information, visit www.naiopnv.org. CORPORATE: NAIOP, the Commercial Real Estate Development Association, is the leading organization for developers, owners and related professionals in office, industrial and mixed-use real estate. NAIOP comprises 15,000 members in North America. NAIOP advance responsible commercial real estate development and advocates for effective public policy. For more information visit www.naiop.org.

Sustainability Square- June Notable NAIOP Newsbites

May 24, 2011
For millions of U.S. residents living in cities, elevated summer temperatures are of growing concern. Commonly referred to as urban heat islands, this increase in urban temperature increases peak energy demand, air conditioning costs, air pollution levels, and heat-related illness and mortality The term heat island describes built up areas that are hotter than nearby rural areas. Many U.S. cities and suburbs have air temperatures up to 10 degrees Fahrenheit warmer than surrounding natural land cover. Heat islands form as the built environment replaces natural land cover with pavement, buildings and other infrastructure as well as a city's geography and prevailing weather conditions. Increased urban temperatures can affect human health, the environment, and the amount of energy consumers need to purchase for summertime cooling. One way to reduce heat island is through the use of a cool roof. Cool roofs are roofs that have a high solar reflectance (they are typically white or light colored) and have the ability reduce peak temperatures at the roof surface by over 50 degrees. Cool roofs save money on energy bills, lower peak energy demand, increase indoor occupant comfort and reduce air pollution and greenhouse gas emissions. Additionally, cool roofs have community wide benefits to overall reduction in heat island and therefore energy savings. For more information or additional strategies to reduce heat islands in urban areas, please download the EPA's Cooling Summertime Temperatures brochure with the following link. http://www.epa.gov/heatisld/resources/pdf/HIRIbrochure.pdf

Downloads: Click Here for Reference Graph

NAIOP Board Member Appointed to Serve on Congressman Heck’s Economic Development Council

May 17, 2011
LAS VEGAS (May 2011) – NAIOP Southern Nevada, the Commercial Real Estate Development Association, recently announced that board member John Ramous has been appointed to Congressman Joe Heck’s Economic Development Council. Ramous, vice president of operations for Harsch Investment Properties, joins ten other Nevada business leaders on the council. The members were appointed by Heck to provide strategic direction surrounding job creation in Nevada. The other council members are Cornelius Eason of Workforce Connections; Eric Houssels of Houssels Capital Management; Dallas Haun of Nevada State Bank; Jack Novak of Las Vegas Commercial & Business Sales; Steve Hill of CalPortland; Steven Viets of Wells Fargo Advisors, LLC; Joe Hernandez of Branch-Hernandez & Associates; Jim Sala of Southwest Regional Council of Carpenters; Thomas Burns of Cragin & Pike, Inc. and Bill Brady of Brady Industries. A member of NAIOP Southern Nevada for eight years, Ramous is the chair of the chapter’s Government Affairs Committee, which is responsible for monitoring state and local government municipalities through interaction with department heads, staff and elected officials. ABOUT NAIOP SOUTHERN NEVADA: NAIOP Southern Nevada is a chapter of NAIOP, the Commercial Real Estate Development Association, and it comprises 500 members serving the local Southern Nevada market. NAIOP is the leading organization for developers, owners and related professionals in office, industrial and mixed-use real estate, with 15,000 members in North America. NAIOP advances responsible commercial real estate development and advocates for effective public policy. For more information, visit www.naiopnv.org CORPORATE: NAIOP, the Commercial Real Estate Development Association, is the leading organization for developers, owners and related professionals in office, industrial and mixed-use real estate. NAIOP comprises 15,000 members in North America. NAIOP advance responsible commercial real estate development and advocates for effective public policy. For more information visit www.naiop.org EDITORIAL NOTE: Please note that the official/legal name of the association is NAIOP. If additional information is needed, the association can be called NAIOP, the Commercial Real Estate Development Association. The former name (National Association of Industrial and Office Properties) is no longer accurate and was changed in January 2009. For further details, please see the NAIOP Corporate press room: http://www.naiop.org/naiop

RCG Fast Fact for May

Apr 26, 2011

Downloads: Click Here for the RCG Fast Fact for May

Downloads: Click Here for "Office" Reference Table

Downloads: Click Here for "Industrial" Reference Table

Downloads: Click Here for "Retail" Reference Table

Sustainable Feature - Commercial Roofers, Inc. Solar Project.

Apr 25, 2011
Sustainable Feature Commercial Roofers, Inc. Solar Project. By: Tracy Skenandore, Director of Marketing, Republic Services Commercial Roofers, Inc. recently installed a Solyandra Spectro 360 SL-001-173 Solar system on their office building roof. The system is 16 panels dual sided, with an inverter box and the Capacity of 2.46 Kw. This is the only dual sided solar system within the solar market. The benefit of this system is collecting the suns power from the top of the panel also with the reflective white roof it collects sun light from underneath the system making this one of the more efficient systems available. The system is light-weight and self ballasting (Meaning no penetrations in the existing roof system or attachments required). Solar is the newest green tool, it is the future for Commercial Building Roof tops. Commercial Roofers, Inc. has committed to the Solyandra system and will also be installing a roll out membrane solar system on our office roof in 2011. Commercial Roofers Inc. goal with the solar systems is to provide an opportunity to educate Building Owners, Property Managers, and Facility Directors on the benefits of having solar, the tax credits, and NV Energy Rebate programs that are available to them buy going green with Solar. The office rooftop at Commercial Roofers, Inc. will be more like an educational field trip. They encourage visitors to hop onto the roof, check out the systems and view our in-office website that monitors the systems intake and gives examples such as how many pounds of carbon dioxide we are removing from the atmosphere per year. “Commercial Roofers, Inc. has always been Green the very foundation of Commercial Roofers Inc. goes back to the 1950’s by installing additional Insulation and products to Homes in Colorado. Today that same commitment has grown to include installing Energy Star and Leed Compliant roofing work. By partnering with Quality Electrical Contractors Commercial Roofers, Inc is committed to bringing efficient Photovoltaic System to our customers.” Quote by Scott Howard, Principal Commercial Roofers, Inc. The mission of Commercial Roofers Inc. is to furnish and install on-time quality roofing and waterproofing for commercial projects which fulfill customer expectations and manufacture’s requirements; to always conduct business in a fair and professional; to provide exceptional customer service to all of our clients; and be good corporate and community citizens. In November 1996 Scott Howard and Dennis Conway combined their talents and exceptional roofing expertise to become co-owners of the present Commercial Roofers, Inc. In the nearly 14 years that have followed, the company has grown to become one of the largest roofing, water-proofing contractor s. Now licensed in California, Arizona, Utah and Nevada, the company handles any type of commercial roofing requirements. Re-roofing, New Construction, Service Repairs and Maintenance Programs. Commercial Roofers, Inc. has over 50 years of combined experience in the industry, with a safety record among the best in the industry. Their customer base is comprised of quality-conscious people that want an excellent job completed on budget. Repeat clientele accounts for 95% of business with a 99% certified approval rating. Visit www.commroof.com or call 702-876-1777 for more information.

Downloads: Click Here for Photos of the Project

2011 Impact Awards - How about those Winners?

Mar 31, 2011
Click on the PDFs below to read more about each winner's Spotlight Event entry.

Downloads: Economic Development Impact- Veteran Affairs Consolidated Patient Account Center

Downloads: Community Impact- Project- Opportunity Village, Ralph and Betty Englestad Campus

Downloads: Developing Leader Impact- Mandi Thorn

Downloads: Community Impact- Company- Colliers links for Life Foundation

Downloads: Industry Impact- Howard Hughes Center

Downloads: NAIOP Partnership Impact- Marnell Air Cargo Center

Downloads: Philanthropic Impact- Tony Dazzio

Downloads: Sustainable Impact- Cashman Equipment Center

Downloads: 2011 Member of the Year and Lifetime Achievement Awards

Downloads: Creative Deal Impact- City of Las Vegas Fire Station #6 and CSN Instructional Center

2010 Public Policy Initiatives

Feb 05, 2010
NAIOP Southern Nevada (“NAIOP”) is working to support the acceleration of the recovery of our local economy. Our members develop, construct & manage the office, industrial, retail and mixed-use projects essential to sustain and grow business in the Las Vegas Valley. We are committed to improving the quality of life in our community and protecting our natural environment, including our limited land and water resources. NAIOP supports issues that are critical to the success of our member companies and the region which are outlined in the 2010 Public Policy Intitiataives Statement below.

Downloads: 2010 Public Policy Initiatives