V E G A S I N C . C O M | M A R C H 1 5 - M A R C H 2 1, 2 0 1 5
Sergio Montegrande is planning to open an Italian restaurant at the District at Green Valley Ranch, which has seen an increase in foot traffic since opening a road to vehicular traffic that once was restricted to pedestrians. (DANIELLE MCCREA/ SPECIAL TO THE SUNDAY)
Building momentum
Shopping centers, hit hard during the recession, are coming back to life in Southern Nevada BY DANIELLE MCCREA | SPECIAL TO VEGAS INC
The recession was rough on Las Vegas’ commercial retail centers. The District at Green Valley Ranch and Town Square struggled. Tivoli Village encountered construction delays and a slow start. ¶ Today, however, the three centers are thriving. Changes management made to accommodate the downturn and adjust to a new normal in the recovery have been fruitful. ¶ Town Square opened in 2007 with 38 tenants ; today, there are more than 125 stores and restaurants in the complex. It recently landed a major tenant, SolarCity, to fill a large share of office space and added several restaurants that double as nightlife spots — Double Helix, a wine bar, and McFadden’s, an Irish pub and restaurant, for instance. COMMERCIAL REAL ESTATE, CONTINUED ON PAGE 10
5%
Growth in national employment among Hispanics over the past 12 months, compared with 3.8 percent for blacks and 1.4 percent for whites, according to the Labor Department.
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$10K
Starting price of a 24-karat-gold Apple Watch. The entry level model costs $349 . Preorders begin April 10.
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2 THE SUNDAY VEGAS INC MARCH 15 - MARCH 21
CONTENTS PUBLISHER Donn Jersey (donn.jersey@gmgvegas.com)
EDITORIAL
NOTEWORTHY STORIES
04 08 12 MEET: CELEBRITY CARS LAS VEGAS
Boutique automotive dealership has featured unique and ever-changing offerings in Las Vegas since 2001.
Q+A WITH MIKE PEQUEEN
TALKING POINTS Industrial development catching up to need, P5
The managing director and co-founder of financial advisory firm High-Tower Las Vegas discusses common finance mistakes, the firm’s quick rise to prominence in Southern Nevada, and his penchant for adventure.
Office spaces encouraging workers to interact, P5
THE NOTES People on the move, P3
DATA AND PUBLIC INFORMATION A listing of local bankruptcies, bid opportunities, brokered transactions, business licenses and building permits.
MORE VEGAS INC BUSINESS NEWS Calendar: Happenings and events, P11 The List: Commercial real estate brokerages, P15
EDITOR Delen Goldberg (delen.goldberg@gmgvegas.com) MANAGING EDITOR Dave Mondt (dave.mondt@gmgvegas.com) DIGITAL EDITOR Sarah Burns (sarah.burns@gmgvegas.com) DEPUTY MANAGING EDITOR, NEWS Ellen Fiore (ellen.fiore@gmgvegas.com) STAFF WRITERS Andrea Domanick, Ana Ley, J.D. Morris, Amber Phillips, Kyle Roerink, Cy Ryan, Eli Segall, Conor Shine, Jackie Valley, Katie Visconti, Ian Whitaker COPY DESK CHIEF John Taylor COPY EDITORS Brian Deka, Jamie Gentner SPECIAL PUBLICATIONS EDITOR Craig Peterson DIGITAL COORDINATOR Adelaide Chen EDITORIAL CARTOONIST Mike Smith LIBRARY SERVICES SPECIALIST Rebecca Clifford-Cruz RESEARCHER Pashtana Usufzy OFFICE COORDINATOR Nadine Guy
ART ASSOCIATE CREATIVE DIRECTOR Liz Brown (liz.brown@gmgvegas.com) ART DIRECTOR Scott Lien DESIGNER LeeAnn Elias PHOTO COORDINATOR Mikayla Whitmore PHOTOGRAPHERS L.E. Baskow, Christopher DeVargas, Steve Marcus
ADVERTISING ASSOCIATE PUBLISHER OF ONLINE MEDIA Katie Horton GROUP DIRECTOR OF SALES OPERATIONS Stephanie Reviea PUBLICATION COORDINATORS Kashmir Owens, Karen Parisi ADVERTISING DIRECTOR Jeff Jacobs EXTERNAL CONTENT MANAGER Emma Cauthorn ACCOUNT MANAGERS Katie Harrison, Breen Nolan, Sue Sran ADVERTISING MANAGERS Brianna Eck, Danielle El Kadi, Frank Feder, Kelly Gajewski, Kenneth Harmon, Trasie Mason SALES ASSISTANT Denise Arancibia EXECUTIVE ASSISTANT Kristen Barnson
MARKETING & EVENTS DIRECTOR OF EVENTS Kristin Wilson EVENTS COORDINATOR Jordan Newsom
PRODUCTION
UNLV LAW SCHOOL CLIMBING THE RANKS The Boyd School of Law at UNLV achieved its highest ranking to date last week when U.S. News & World Report released its 2016 list of Best Law Schools. Boyd ranked 67th of 198 accredited law schools, up 16 spots from 2015. Boyd also retained top 10 specialty rankings for programs in legal writing and dispute resolution. Experts examined program quality; student test scores, academic standing and acceptance rates; and job
placement success. Boyd’s legal writing program ranked third for the fourth consecutive year. The Saltman Center for Conflict Resolution ranked ninth among dispute resolution programs and has ranked in the top 12 for nine years. Boyd has more than 400 students in three juris doctor degree programs: full-time day, part-time day and parttime evening. — ELLEN FIORE
VICE PRESIDENT OF MANUFACTURING Maria Blondeaux ASSISTANT PRODUCTION DIRECTOR Paul Huntsberry PRODUCTION MANAGER Blue Uyeda PRODUCTION ARTIST Marissa Maheras, Dara Ricci ART DIRECTOR Sean Rademacher GRAPHIC DESIGNERS Michele Hamrick, Carlos Herrera TRAFFIC SUPERVISOR Estee Wright TRAFFIC COORDINATORS Kim Smith, Meagan Hodson
CIRCULATION DIRECTOR OF CIRCULATION Ron Gannon ROUTE MANAGER Joel Segler
GREENSPUN MEDIA GROUP CEO, PUBLISHER & EDITOR Brian Greenspun CHIEF OPERATING OFFICER Robert Cauthorn GROUP PUBLISHER Travis Keys EXECUTIVE EDITOR Tom Gorman MANAGING EDITOR Ric Anderson CREATIVE DIRECTOR Erik Stein VOLUME 2, ISSUE 10 Vegas Inc, 2360 Corporate Circle, Third Floor, Henderson, NV 89074 is published each Sunday except the last Sunday of the year by Greenspun Media Group. Application to Mail at Periodicals Postage Prices is Pending at Henderson, NV and at additional mailing offices. POSTMASTER: SEND ADDRESS CHANGES TO: Vegas Inc Greenspun Media Group 2360 Corporate Circle, Third Floor Henderson, NV 89074 702.990.2545 For inquiries, write to: Vegas Inc 2360 Corporate Circle, Third Floor Henderson, NV 89074 For back copies: Doris Hollifield at 702.990.8993 or e-mail at doris.hollifield@gmgvegas.com For subscriptions: Call 800.254.2610, or visit vegasinc.com. For annual subscriptions, $50. For single copies, $3.99.
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3/13/15 2:21 PM
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THE VEGAS SUNDAY INC
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MARCH 15 - MARCH 21
COMMERCIAL REAL ESTATE NOTES Kara Walker and Elaine Elliott are senior associates and Kari Bradley is an asWALKER ELLIOTT sociate at Colliers International. Walker will specialize in office and industrial properties. Elliott will manage day-to-day operations for senior vice president Dean Willmore and work with clients, conduct property tours and oversee marketing. BRADLEY Bradley will conduct property tours, coordinate closings and provide project analysis. Jeanie Haddox is specialty leasing manager for Downtown Summerlin. Fisher Sand & Gravel earned the Phase 1 contract for the Interstate 11 Boulder City Bypass Alignment Project from Railroad Pass to U.S. 95. HADDOX Groundbreaking is scheduled for early April. Joseph Miller, Nevada area manager and project manager for Fisher Industries, will lead the project. Mark Rowland is CEO of DTP Ventures, a new division of the Downtown Project that will oversee the organization’s owned and operated entities. Rowland will manage more than 300 employees
at businesses including the Gold Spike, the Market and Downtown Container Park. DTP Ventures also will provide guidance to the VegasTechFund and the Downtown Project’s Small Business Fund. Phillip Ohler is director of business development for Arq, which designs, installs and maintains indoor and outdoor wireless projects for high-occupancy venues such as sports stadiums, campuses and convention centers.
The Panattoni Development Company acquired a 103,000-square-foot industrial space at 1841 E. Craig Road in North Las Vegas valued at $5.25 million. Also, Panattoni moved to 3773 Howard Hughes Parkway, Suite 140S, Las Vegas.
OHLER
Las Vegas pool builder Joseph Vassallo was named to the Association of Pool and Spa Professionals Fellow Program. Vassallo is founder and president of Paragon Pools. Vassallo was one of 12 named to the 2014 class. Kevin Higgins and Garrett Toft are among Voit Real Estate Services’ top 10 producers for 2014.
HIGGINS
TOFT
Scott Donaghe leads tenant representation services for Avison Young, a commercial real estate firm. He has completed more than 200,000 square feet of leases for clients over the past two years. Bob Miller is vice president of the retail division of Gatski
Commercial’s brokerage services. Charles Witters is senior vice president of office services. JC Yeh is senior associate of office properties. Sean Simon and Stacy DeBie are associates specializing in industrial and office properties.
DONAGHE
Ikea chose R&O Construction as construction manager for its Las Vegas store. Other local firms involved with the project: CBRE, site selection support; Kimley-Horn & Associates, civil engineer and traffic consultant; Terracon, testing and inspection services; and Fennemore Craig and Childs Watson & Gallagher, local land use counsel. The store is scheduled to open in summer 2016. The LandWell Company and landscape architecture firm Design Workshop were honored by the Nevada Chapter of the American Society of Landscape Architects for their collaboration on the Cadence community in Henderson. Cadence was recognized as the 2014 “Project of the Year” and received the Highest Honor Award in the Analysis and Planning category. Eight projects by the Molasky Group represent $413 million in construction costs and more than 1 billion square feet of rentable space. The company is involved in the construction or renovation of the Catamaran RX facility at UNLV Harry Reid Tech Park, FBI offices in Boston and Milwaukee, veterans facilities in Oregon and Alabama, residential/ mixed use projects in Oregon and California and an office building for Blue Cross Blue Shield in Georgia.
OTHER BUSINESS NOTES Michael Falater joined Hutchison & Steffen as an associate attorney, practicing insurance defense, construction law, appellate litigation, personal injury, family law, products liability, medical malpractice and health care professionals advocacy.
Desert Research Institute, and served as chairman of the Nevada Test Site Historical Foundation since it began in 1998. Redhead Marketing, owned by Debbie Landry, is now Redhead Enterprises.
FALATER
Ellen Guerra is director of national business development at Henderson Engineers. She helps develop and drive national client relationships and establish opportunities for growth. Gary Schechner is vice presiGUERRA dent of marketing and Gary Patterson is vice president of international and strategic sales at Shelby American, which manufactures and markets performance vehicles and related products. Physicist Troy Wade won a Johnny Foster Lifetime Achievement Award at the Nuclear Deterrence Summit. Wade served at the Nevada Test Site as one of a small group of federal nuclear test controllers who oversaw the detonation of nuclear explosives. He has worked with the Howard Hughes College of Engineering at UNLV and the
3_VINotes_20150315.indd 3
Matthew Hoyt is director of operations at CommCap Advisors. In addition to new loan origination, Hoyt will manage the CommCap servicing portLANDRY folio, assist in loan closings and oversee company marketing. Gary Armentrout is senior vice president-development at Navegante, a casino and hospitality management and consultancy company. Christopher Ipsen is the Desert Research Institute’s assistant vice president of information technology and chief information officer.
Bardot Brasserie is open at Aria. Scientific Games moved its global corporate headquarters and its gaming division’s primary U.S. manufacturing operations to 6650 S. El Camino Road, Las Vegas. More than 12,000 .vegas websites from 35 different countries have been registered since the domain became available in September. Insert Coin(s) received “Party Smart” training from the Rape Crisis Center. The training taught staff how to spot predatory behavior and react to situations to maximize safety for employees and patrons. AT&T opened a store at 710 E. Flamingo Road, Las Vegas. DaVita HealthCare Partners’ VillageHealth and Humana teamed up to create Humana Kidney Care for patients with end-stage renal disease.
ARMENTROUT
Manita Rawat, a partner at Duane Morris, is a member of the Leadership Council on Legal Diversity’s 2015 class of fellows. The Grand Bazaar Shops, with more than 120 retailers, opened next to Bally’s.
Cashman Equipment is partnering with Global Pump to provide industrial pumps for dewatering needs in the construction and mining industries. The Sandra and Stanley Mallin Early Childhood Center at Temple Beth Sholom is the only preschool program in Las Vegas to receive the highest five-star rating by the Nevada Silver State Stars QRIS (Quality Rating & Improvement System).
3/13/15 2:16 PM
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MARCH 15 - MARCH 21
BY THE NUMBERS
11 Clark County elementary schools that will convert to year-round schedules beginning in fall.
90 FEET Height of a sign being installed at the Gramercy, a mixed-use project off the 215 Beltway where an unfinished tower was imploded last month.
120 Number of Dotty’s gambling outlets in Nevada. Two-thirds are in the Las Vegas area.
$2.41 Monthly increase in the average homeowner’s water bill beginning in 2016 to help pay for a new $650 million pumping station that will keep water flowing into Las Vegas.
$10.7 MILLION Amount contractors bid in a Bureau of Land Management Auction for the rights to acquire nearly 10 million tons of sand and gravel from a Las Vegas pit.
3 Restaurants planning to open in the next month in the former Sears building at 616 E. Carson Ave. in downtown Las Vegas.
$3 MILLION Franchise fee owners of the Las Vegas Outlaws, including Motley Crue frontman Vince Neil, paid to the Arena Football League to start the team. The team plays its first home game March 30 at the Thomas & Mack Center.
46,047 Number of home-equity lines of credit in Nevada — worth $2.2 billion — scheduled to reset to higher interest rates from 2015 to 2018, according to RealtyTrac.
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Ken Tangen, left, and Ryan Hamilton own and operate Celebrity Cars Las Vegas, which recently moved from a showroom at the Palazzo to a new 20,000-square-foot showroom at 7770 Dean Martin Drive. (STEVE MARCUS/STAFF)
Not your typical used-car salesmen Describe your business.
We are a boutique automotive dealership specializing in exotic, as well as classic, cars and motorcycles. Our 20,000-square-foot showroom also is available for private events. What is the most popular model of car you sell?
CELEBRITY CARS LAS VEGAS Address: 7770 Dean Martin Drive, Suite 301, Las Vegas Phone: 702-818-1031 Email: ryan@celebritycars.com Website: celebritycars.com Hours of operation: 9 a.m.-7 p.m. Monday-Friday, 10 a.m.-5 p.m. Saturday Owned/operated by: Ryan Hamilton and Ken Tangen In business since: 2001
Our inventory always is changing, and we take select vehicles on consignment, so we never know what may come through the door. Most of our inventory is purchased from private individuals and collectors who have cared for these vehicles for many years, sometimes even decades. What makes your business successful?
Our ownership is made up of born-and-raised Las Vegans, as well as longtime residents, so we understand how small a town Vegas is and how important going the extra mile for our customers can be. What makes your business unique?
We have created a one-of-a-kind venue showcasing the finest automobiles combined with a first-class private events center. We value our relationships with our customers over all else.
We consider ourselves a marketing company more so even than sales. Our goal is to be a lifestyle concierge company, not just a place to buy a car. What is the hardest part about doing business in Las Vegas?
Las Vegas has brought Celebrity Cars great success and support throughout the years, but the City of Sin’s image of unsophistication has been something to overcome as professional business owners.
What is the best part about doing business here?
Las Vegas is still a very small town with regard to its business community, and everyone works together to support each other. Having a great reputation will go a long way. What are some obstacles your business has overcome?
We have had to overcome the task of differentiating ourselves from the typical dealership and the sales techniques they employ. Most of our cars you can’t find anywhere else. Our buyers appreciate our low-pressure environment, as we let our vehicles sell themselves. How can Nevada improve its business climate?
What is your business philosophy?
We strive to make our customers feel like they have walked into the ultimate playground instead of a typical car dealership. Most buyers have grown tired of the highpressure sales atmosphere and stigma that comes along with a typical car dealership. What’s the most important part of your job?
Nevada should continue to work with businesses to encourage growth and ethical behavior. What have you learned from the recession?
We have learned to focus on our core business model that allows us to keep our operating cost down while maintaining a high-class image. Allocating available funds appropriately is key.
3/13/15 2:15 PM
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READER COMMENTS We want to hear from you. Visit vegasinc.com to post your opinion.
On Eli Segall’s vegasinc.com story “Summerlin land values climb to $518,000 an acre”: Someone should force the landowners to donate their property to the government, so people who haven’t won “life’s lottery” can put up low-income, multiplex housing in areas where rich people live. — BuskinTederodemowitz The more I see the suburbs, the more I like rural areas. — ScotchRocks On J.D. Morris’ lasvegassun.com story “Elaine Wynn moves to renominate herself to Wynn Resorts board”: A corporation has the obligation to follow the bylaws, and if the governing board agreed that she is not suitable, she is not suitable. Period. — floyydrturbbo On J.D. Morris’ vegasinc.com story “Caesars grows revenue, trims loss in fourth quarter of 2014”: Enough is enough. It’s time to gut the management and bring in a new and competent team. — enigmized1 On Conor Shine’s lasvegassun.com story “Officials slam proposed ads on Strip pedestrian bridges”: This advertising would be tacky at best. — SkepticalOfOurGovernment
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THE VEGAS SUNDAY INC MARCH 15 - MARCH 21
Industrial development catching up to need
D
For regional big-box requirements, due to riving north on Bay Lake Trail lower land cost, competitive pricing has been Drive toward Alexander Road in available only in the northeast/NLV submarket. North Las Vegas, you can see newly During the depth of the recession, the base rental tiled concrete panels giving form differential between the northeast/North Las to the first speculative industrial development in Vegas and southeast/Henderson submarkets the Las Vegas Valley in over seven years. grew to 60 percent for big-box warehouses. It is The 464,000-square-foot distribution center currently between 25 and 30 percent. developed by Prologis at 3700 Bay Lake Trail is Three industrial projects are planned in one of several local projects planned or under GUEST COLUMN: southeast/Henderson, which is positioned construction that will deliver more than 4 million XAVIER WASIAK to become an increasingly important part of square feet of much needed industrial space. the industrial landscape due to the potential Retailers, consumer goods and e-commerce are availability of industrial land. driving demand for big-box industrial spaces here The southwest, being near the airport and Strip, always and across the country. Proximity is the key to profitability has been able to command the highest rents and prices in in this era of same- and next-day delivery, and retailers want Southern Nevada. Demand for space from gaming companies, their distribution centers near their customers. trade show and exposition services and entertainment-related Developers nationwide are working hard to deliver companies continues to drive business southwest. industrial products to meet that demand for space. The jump-start on development and rush of developers to Locally, there is a difference but no exception. Ten projects acquire land for additional projects have led some to wonder will deliver big-box industrial spaces with multiple bays in whether Las Vegas will overbuild like Phoenix did last year. excess of 30,000 square feet each, mirroring the national Taking into account the length of time our market has gone trend. Most developers locally and nationally will work toward without adequate supply, the schedule of deliveries for 2015 leasing the projects to one or two large users. and the space and projects being negotiated, that is unlikely. However, the valley’s industrial market is a tale of two, Upcoming industrial development will serve Las Vegas well sometimes three, submarkets: northeast/North Las Vegas and enable the type of growth sorely missed over the past (34 million square feet), south/southwest (38 million square seven years. feet, or 54 million square feet if you include the airport Xavier Wasiak is a senior vice president in the industrial group submarket), and southeast/Henderson (12 million square feet) at Jones Lang LaSalle. — each with vast differences.
Office spaces encouraging workers to interact
M
Southern Nevada is designed to accommodate ore people in less space. That four parking stalls per 1,000 square feet of seems the trend in today’s space leased. The current demand is 5.5 stalls office market. per 1,000 square feet. According to CoreNet Global, Other markets solved this issue by the average amount of office space per worker implementing valet service, or tandem parking dropped to 176 square feet, from 225 square feet cars to accommodate tenants, which in most in 2010, and is expected to continue to drop. cases is much cheaper than building a parking The rationale for this trend is based more structure. Another solution is balancing the on how we work than just cost savings. The GUEST COLUMN: project-tenant mix. Not all industry types rapidly growing millennial workforce prefers TABER THILL embrace the open concept, and strategically working in teams with like-minded people. Open blending users is paramount in minimizing work spaces provide a creative environment that impact on the building and the parking. fosters employee social interaction. When speculative office development occurs, we no Open-area break rooms, game rooms, lounges and longer will be a “build it, and they will come” market. outdoor Wi-Fi hotspots are replacing hard-walled offices Successful projects will take into account how we work and to cultivate collaborative collisions and provide a relaxed how we attract and retain talent. atmosphere. Large desktop computers have been replaced So who is on the forefront of accommodating these trends with smaller wireless devices, and many companies have in Southern Nevada? converted to digital storage, thus streamlining employee Existing mixed-use or “lifestyle” centers such as Town work areas. Square, the District at Green Valley Ranch, Tivoli Village In many cases, occupancy cost no longer is the main and Downtown Summerlin have been successful attracting driver in choosing an office location. There is much more office tenants who value the restaurant and retail amenities emphasis now on quality, efficiency, functionality and offered. In addition, a traditional office project, the amenities to attract and retain employees. HC|Hughes Center, proactively built contemporary “moveHow does this affect Nevada’s office market? The biggest in ready suites,” added a free fitness center that is exclusive challenge is retrofitting existing buildings to handle for office tenants, and is building five new restaurants in increased parking, ingress and egress concerns and strains response to tenant demand. on building systems such as plumbing and mechanical Taber Thill is senior vice president of the office division at distribution. Colliers International. For instance, the average traditional office building in
3/13/15 2:15 PM
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A nine-story tower at the Gramercy, formerly called ManhattanWest, is imploded Feb. 15. The land is being considered for an office high-rise. (L.E. BASKOW/ STAFF)
Rebuilding years in Southern Nevada BY ELI SEGALL | STAFF WRITER
After the bubble and burst, Las Vegas’ commercial real estate industry is picking up again. ¶ Weak spots remain, but mothballed projects are being completed, warehouse construction is on the upswing, the bloated office vacancy rate slowly is improving, investors are buying shopping centers at a fast clip, and land sales are climbing.
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ANNUAL INDUSTRIAL CONSTRUCTION COMPLETIONS (BY SQUARE FEET)
6M
5M
4M
2008
2009
2010
2011
813,948
2007
0
2006
228,154
1,972,157
2005
367,099
4,480,035
1M
6,838,932
2M
1,095,400
3M
6,322,434
considered Las Vegas, one of the hardest-hit markets in the country. Today, the vacancy rate has fallen to about 9 percent, and construction crews are back to work. Developers opened 1.1 million square feet of industrial space in Southern Nevada last year, up from 814,000 square feet in 2013. Recent and current projects include FedEx Ground’s 300,000-square-foot distribution center in Henderson; Konami Gaming’s 200,000-square-foot expansion near McCarran International Airport; and Prologis’ 464,000-square-foot building in North Las Vegas. Sales prices are rising steadily for at least some types of deals. Among transactions worth $2 million to $20 million, pricing increased 13 percent from 2011 to 2014, from $57 per square foot to $82 per square foot.
3,874,680
INDUSTRIAL A decade ago, investors flooded the valley with new warehouses, often breaking ground without tenants lined up. More than a few of these investors were rookies, but with the economy roaring, few had trouble filling buildings. The industrial market’s vacancy rate was just 3 percent in spring 2006. But many projects were built poorly and in bad locations, and buyers and tenants disappeared with the recession. The area’s vacancy rate ballooned to almost 15 percent in 2010. After building 31 million square feet of space locally from 2002 to 2008 — with 6.8 million square feet in 2007 alone — investors did not open a single project in 2012. Funding had evaporated as banks collapsed throughout the country. Even if lenders had been looking for deals, they likely wouldn’t have
2012
2013
2014
Source: John Stater, Colliers International
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OFFICE Like warehouse investors, office developers couldn’t build fast enough during the go-go years. But many had no development experience, and a good number of their tenants worked in real estate and were part of the same bubble — and eventual burst. After the economy collapsed, buildings emptied as tenants closed shop. The office market’s vacancy rate reached as low as 7.5 percent at one point in 2006 but soared to almost 23 percent in 2011. It’s now 20 percent. Asking rents are largely flat, and investment sales dropped in 2014 after rebounding from the recession. Landlords spent $300 million less in 2014 compared with 2013 amid a drop in bulk deals. The office sector remains the most struggling in Las Vegas’ commercial real estate industry, but there are some bright spots. For instance, investors bought the mothballed ManhattanWest mixed-use
RETAIL Las Vegas’ retail sector got a major new player last year with the October opening of Downtown Summerlin, a oncemothballed shopping and office project at Sahara Avenue and the 215 Beltway. The 106-acre, 1.6 million-square-foot complex, owned by Howard Hughes Corp., was abandoned mid-construction during the recession by then-owner General Growth Properties. For years, only a steel skeleton sat on the land, a constant reminder of Las Vegas’ building bust. Howard Hughes, a spin-off of General Growth, resumed construction in 2013.
2014
LAND There always has been plenty of land in Southern Nevada, and during the real estate craze, investors couldn’t buy enough. Housing, office, warehouse, retail and casino developers gobbled up vacant property, paying big dollars. The U.S. Bureau of Land Management, a key source of raw land for homebuilders, sold about 2,900 acres locally for $777 million in 2006. Deals evaporated during the recession. The BLM sold just 107 acres in Southern Nevada from 2007 to 2012, an average of 18 acres per year. Now, with the economy improving, construction is picking up, and buyers are purchasing more land at rising prices. Investors bought 2,761 acres last year in Southern Nevada for an average price of $276,422 per acre, up from 803 acres
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MARCH 15 - MARCH 21
ANNUAL OFFICE VACANCY RATE 25% 22%
22.6%
21.3% 20.5%
20.5%
20%
20%
17%
15%
WHAT SHOULD WE EXPECT? INDUSTRIAL
11.2%
10% 8%
8.5%
5%
2005
2006
2007
2008
2009
2010
2011
2012
2013
RENTAL RATES
LAND PRICES
BUILDING PRICES
DEMAND
2014
Source: John Stater, Colliers International
project for cents on the dollar in 2013 and resumed work last year. They imploded its unfinished nine-story condo tower in February and are considering replacing it with an office high-rise.
The 20-acre property on Russell Road at the 215 Beltway, now called the Gramercy, already has two four-story office buildings. Developers have leased at least 80 percent of that space.
ANNUAL SHOPPING CENTER INVESTMENT SALES
lost them in droves during the recession. The vacancy rate for anchored retail centers in Southern Nevada was about 4 percent in 2007 and jumped to 12 percent in 2011. It now is 9.5 percent. As retailers and shoppers return, landlords also are showing more interest. Investors bought 48 shopping centers last year for a combined $485.7 million, up from just six sales worth $13.3 million in 2010. Among the notable transactions: the $145 million sale of a portion of Showcase Mall on the Strip and $32.3 million sale of Rampart Commons near Summerlin.
2010
$13.3 million
2011
$282.7 million
2012
$194 million
2013
$378.4 million
2014
$485.7 million
Source: John Stater, Colliers International
More than 250,000 people turned out for a four-day opening party. Like other sectors of commercial real estate, shopping plazas were packed with tenants during the boom years but
VACANCY
NEW CONSTRUCTION
CAP RATES
OFFICE
RENTAL RATES
LAND PRICES
BUILDING PRICES
DEMAND
ANNUAL LAND SALES (PRICE PER SQUARE FOOT) $60
$57.04
$50 VACANCY $38.80
$40 $30 $23.46
$20.73
$20
NEW CONSTRUCTION $10 2005
2006
2007
2008
$6.58
$7.18
2009
2010
$5.76
2011
$3.60
2012
$6.16
2013
$7.23
2014
CAP RATES
Source: John Stater, Colliers International
at $199,377 each in 2011. Land values in some parts of the valley have soared, going from $175,000 an acre to $400,000 in just months in 2013, according to Home Builders Research. One area with rising prices is Sum-
merlin. Community developer Howard Hughes Corp. sold 280 acres of land there in 2014 for $145 million, or $518,000 an acre. That compares with 316 acres for $112.5 million, or $356,000 per acre, in 2013.
Sources: John Stater, Colliers International; Geoffrey P. West, Cushman and Wakefield; Jones Lang LaSalle
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VEGAS INC MARCH 15 - MARCH 21
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Q&A WITH MIKE PEQUEEN
‘Choose carefully’ with whom you associate HighTower Las Vegas, an advisory firm that focuses on financial planning, investment management, estate planning, business retirement solutions and philanthropic consulting, launched two and a half years ago and has quickly made a big impact in Southern Nevada. Mike PeQueen, managing director and partner, spoke with VEGAS INC about the firm’s quick rise to prominence. Do you have any recent news or updates about yourself, your work or your company that you would like to share? HighTower Las Vegas is now managing $685 million on behalf of our clients, which is pretty remarkable since it has only been two and a half years since my four partners and I founded the firm. I’m not sure everyone realizes that we are managing more assets than many local banks. Don’t tell the banks, please. Who are your clients? The individuals, families and businesses that are the backbone of the Southern Nevada economy. We manage investments for many business owners, physicians, attorneys and affluent retirees. How did the firm begin? My four partners and I worked for a large Wall Street firm for many years, and after the financial crisis, our clients told us they had lost faith in many of these institutions. The clients have consistently demonstrated a desire for a independent and objective financial advice. We knew we had to open Mike PeQueen, managing director and partner of financial advisory firm HighTower Las Vegas, has a taste our own office to satisfy their needs. for adventure. (STEVE MARCUS/STAFF) What is the best business advice you’ve ever received, and whom did it come from? “The single most important decision you will make in the business world is whom to associate with. Choose carefully.” That came from an excellent finance professor at UNLV when I was getting my undergrad degree in finance. If you could change one thing about Southern Nevada, what would it be? I would move it farther from the sun in July and August. What’s the biggest issue facing Southern Nevada or its residents? We have to decide if we are going to take the education of our children seriously and, if so, how to pay for it. There are no easy answers, but this is crucial to our future. What are you reading right now? I just finished re-reading “To Kill a Mockingbird” as preparation for the new book Harper Lee will release this year, and now I am reading “The Small Big: Small Changes that Spark Big Influence” by Steve Martin and Noah Goldstein. I try to alternate between a fun read and a business book. What do you do after work?
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I work out since I have been talked into competing in a Tough Mudder race, and then I try to get together with friends at one of the many great restaurants that we have here in Las Vegas. My current favorite is Bardot Brasserie at Aria. Blackberry, iPhone or Android? IPhone 6 Plus, because size matters. Describe your management style. Half Capt. Kirk, half Mr. Spock. Where do you see yourself and/or your company in 10 years? I hope to be right where I am, with HighTower Las Vegas, managing $2 billion for our clients and enjoying every minute of it while spending weekends in Santa Monica. What’s the most common finance mistake you encounter? Easy. Taking on too much debt. Once your debt grows too high, you are almost destined to spend the rest of your working life servicing it. It is a vicious cycle. What financial advice do you have for people? Start saving early, buy shares of the highest-
quality companies in the world … and hold them for the long term. That has been the secret to my own financial success. What is your dream job, outside of your current field? Adventure travel writer for National Geographic Traveler magazine. Whom do you admire and why? Stephen Hawking for continuing to push mankind forward despite his enormous physical challenges. What is your biggest pet peeve? Drivers on the open road who think the left lane is for driving on cruise control instead of understanding that it’s the passing lane. What is something that people might not know about you? I climbed Mount Kilimanjaro several years ago and lost 10 pounds in the process. Anything else you want to tell us? As a native Nevadan, I am very pleased that Southern Nevada continues to recover from the Great Recession and I believe that our best days are yet to come.
3/13/15 2:12 PM
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YOUR BUSINESS-TO-BUSINESS NEWS
THE VEGAS SUNDAY INC
Send your business-related information to news@vegasinc.com
MARCH 15 - MARCH 21
Summerlin land values climb to $518,000 an acre BY ELI SEGALL STAFF WRITER
Sky Terrace, a luxury housing development, is one of three Blue Heron communities in Henderson. (CHRISTOPHER DEVARGAS/STAFF)
Builder Blue Heron adds twist to re-energized luxury market BY ELI SEGALL STAFF WRITER
Homebuilder Tyler Jones is adding a dash of style to Southern Nevada’s architectural lookalike landscape. Jones, through his Las Vegas company Blue Heron, is developing three communities of high-end, desert-themed luxury homes in Henderson and has built custom homes throughout the valley. He founded the company with his father and has been in business for a decade, getting project sites that flopped under previous owners and racking up numerous design and environmental awards from construction-industry groups. The 37-year-old Las Vegas native tries to blend indoor and outdoor space, and subtly packs his cubeshaped homes with electronics. The design, he said, is “Vegas Modern.” At his four-bedroom, 5,800-square-foot model home at Sky Terrace — a development off Sunridge Heights Parkway near Eastern Avenue — most of the automated, glass pocket-doors glide completely into walls. Outside, the courtyard has a water wall, fire pit and flat-screen TV. There are three other fire pits, including on the rooftop “skydeck,” which also boasts a wet bar. There are more than 20 flat-screen TVs scattered around the house, with several hidden behind mirrors, including two in the master bathroom. The kitchen bleeds into the living room, and walking around the house, it can take a while to realize that bedrooms and hallways are nowhere in sight. “We want it to feel open,” Jones said. The model has an elevator, outdoor kitchen and entertainment room that includes a 105-inch dropdown TV screen. Like other aspects of real estate, Las Vegas’ luxury-home market soared during the boom years, collapsed with the bust, and is now on the rebound.
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At the peak of the bubble, in 2005, builders sold 226 new single-family homes in Southern Nevada that cost at least $1 million each. That dropped to just three in 2013 but bounced back to 34 last year, according to Las Vegas-based Home Builders Research, whose figures don’t include custom homes. Projects in the works include Ascaya, the longdelayed mountain-mansion development in Henderson that reopened for business last year. And in Summerlin, developers Howard Hughes Corp. and Discovery Land Co. are planning a 555-acre highend community. The revival comes as buyers pull back from used mansions. The Greater Las Vegas Association of Realtors, which mostly tracks previously owned homes, says 300 homes sold for at least $1 million each through its listing service last year, down 12 percent from 341 deals in 2013. Jones attributed the jump in new-mansion sales to easier financing, and said resales are slipping because buyers already picked up many of the discounted, foreclosed mansions that became available after the bubble burst. Meanwhile, the improved stock market has created a windfall for would-be buyers, and builders are opening construction sites again, giving house hunters more options, Home Builders Research President Dennis Smith said. “There are more new products available,” he said. Jones, who grew up riding dirt bikes at Eastern Avenue and what’s now the 215 Beltway, went to Bishop Gorman High School and studied architecture at the University of Colorados. His father, Steve Jones, launched Merlin Contracting and Developing, a custom homebuilding business, in 1989. They founded Blue Heron in 2004 and have sold about 150 homes. Their houses range from 3,400 to 15,000 square feet and are priced between $1 million and $7 million.
Land values soared in Summerlin last year, with developers commanding higher prices for property amid the opening of the community’s long-delayed retail center. Howard Hughes Corp. sold 280 acres of land in Summerlin, which runs along the western rim of the Las Vegas Valley, for $145 million — $518,000 an acre — in 2014. That compares with 316 acres for $112.5 million — $356,000 per acre — in 2013, according to a recent announcement. The vast majority of deals involve homebuilders buying raw land for subdivisions. But Howard Hughes also sells high-priced lots for custom homes in communities such as the Ridges, one of the most exclusive areas of Southern Nevada. Last year, the company sold 9.5 acres of custom lots in Summerlin for almost $12.3 million, or $1.29 million per acre. That compares with 5.3 acres of custom lots for $4.8 million, or $908,000 an acre, in 2013. Leasing at Downtown Summerlin, the 1.6-million-square-foot shopping and office project that opened in October, edged higher in recent months. But a fair amount of space remains empty, especially in the office tower. The retail portion, comprising most of the property at Sahara Avenue and the 215 Beltway, is 72.5 percent leased. That’s up from 69 percent last fall. The nine-story office building, slated to open April 1, is 27.6 percent preleased, up from 25 percent last fall. That includes Howard Hughes taking 12.4 percent of the tower for its own offices. The 106-acre mall, formerly known as the Shops at Summerlin, sat for years off the Beltway as an abandoned steel skeleton, after previous developer General Growth Properties halted construction in fall 2008 during the national economic meltdown. Howard Hughes, a spinoff from General Growth, resumed construction in 2013 after taking control of the mall and the broader, 22,500-acre Summerlin masterplanned community. The Dallas-based developer disclosed the Summerlin land sales and leasing updates in a recent earnings report. Howard Hughes posted $31.9 million in fourth-quarter profit, up from $18.6 million a year earlier, but lost $23.5 million for all of 2014, down from a $74 million loss in 2013.
3/13/15 2:08 PM
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COMMERCIAL REAL ESTATE QUARTERLY
THE SUNDAY VEGAS INC
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MARCH 15 - MARCH 21
COMMERCIAL REAL ESTATE, FROM PAGE 1
‘There’s a vibrancy and energy to it that wasn’t there before’ “During the recession, one thing that became apparent was the need to create a unique experience,” said Jaimesen Mapes, Town Square’s marketing director. “When consumers were scaling back on purchases, we saw there was still a need for a gathering place.” Businesses such as Artsy Nannies, a
children’s boutique and baby-sitting service, have helped make Town Square the community gathering place managers strived for, a strategy that’s also working at the District in Henderson and Tivoli Village near Summerlin. “We have 350 moms in our mommy groups,” Artsy Nannies owner Andrea
Vallee said. “They come here to make friends, to do something fun with their kids and to enjoy (Town Square).” At the District, business are reaping benefits from a 2013 overhaul that converted a pedestrian thoroughfare to a two-way street with parking. The section adjacent to Green Valley Ranch Resort is
AR FRESH P ERSPECTIVE E T ON
EAL
STATE
RANSACTIONS
Real estate in the Las Vegas market is unique, and requires a resourceful view of real estate law. The breakneck pace and the sophistication of development projects is a combination like no other, and the challenges presented by this environment keep our team prepared for the unexpected. Christine A. Bricker
Contact us, and enjoy a fresh perspective.
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at 85 percent capacity, and the part east of Green Valley Parkway is at 98 percent . “There’s a vibrancy and energy to it that wasn’t there before,” said Kimberly Daskas, director of marketing at Vestar, co-owner of the District. “The road has opened up visibility for merchants along the main street and side street. We’ve had consumers say they’ve now experienced stores and restaurants they before didn’t know were there.” “We couldn’t be happier with where the District is right now,” said Sergio Montegrande, who plans to open Bella Vita Italian restaurant in the District in April. Pinot’s Palette, a “paint and sip” arts and crafts center that offers painting classes and wine, opened in the District six months ago. First-time business owners Reed and Judy Alewel said they have seen incredible results, which they attribute to the location. “If we’d been in another spot, we’d have had to do a lot more marketing,” Reed Alewel said. “You can’t beat the foot traffic and the beauty of the location. At night, the paintings just light up. People stop and stare from outside the window.” Since opening, Pinot’s Palette has had 5,000 customers, more than double what the owners expected. The couple recently signed a lease on a second location at Boca Park. Across town, Tivoli Village is undergoing an expansion, building its second phase after years of delays. Jeff White Custom Jewelry is one of the original tenants since opening day in 2011. “We’re a destination business; we don’t get a lot of window shoppers,” owner Danny White said. “It’s nice for (customers) to be able to go get a cup of coffee or a meal while they think over their purchase or get their jewelry serviced.” Restaurant, bar and butcher Echo & Rig has been at Tivoli since 2013. The family-run enterprise was the only offStrip business to win an award at the recent Nightclub and Bar Show, taking home the gold for Best Bar and Restaurant. Through philanthropy and with a small-town, neighborhood-style butcher shop feel, Echo & Rig owners aim to build a sense of community, director of guest relations Sheryl Best said. “When you’re a new business, you have to give back to let people know you’re here and who you are,” Best said. “We see people four to five times a week, visiting the butcher shop to get a cut of meat for dinner, for a business lunch the next day, and then coming back on the weekend for Sunday brunch with the family.”
3/13/15 2:23 PM
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COMMERCIAL REAL ESTATE QUARTERLY
VEGAS INC
Send your business-related information to news@vegasinc.com
MARCH 15 - MARCH 21
Calendar of events Location: Urban Chamber of Commerce, 1951 Stella Lake St., Las Vegas Information: Visit scorelv.org
TUESDAY, MARCH 17 Lady Vegas Business Club luncheon Time: 11:30 a.m.-1:30 p.m. Cost: $30 Location: Siena Italian Restaurant, 9500 W. Sahara Ave., Las Vegas Information: Visit dannyvegaslive.com/events
SCORE Las Vegas will host a seminar on how to improve sales and increase revenue.
Loren Slocum Lahav, a personal development seminar leader, will be the keynote speaker.
The Risk Management Society educational session and meeting: NRCP 30(b)(6) PMK Depositions Time: 11 a.m. Cost: $27 for members, $30 for nonmembers with RSVP Location: Lawry’s the Prime Rib, 4043 Howard Hughes Parkway, Las Vegas Information: Visit nevada.rims.org Attorney Justin Sember will discuss how a Person Most Knowledgeable, a person appointed by a corporation or government agency to testify on its behalf, should handle depositions.
TUESDAY, MARCH 24 Magician Tommy Wind will be the guest presenter at the Stirling Club luncheon March 18. (STAFF FILE)
Stirling Club luncheon Time: 11:30 a.m. Cost: $26 Location: Gordon Biersch, 3987 Paradise Road, Las Vegas Information: Email Bruce Merrin at merrinpr@ gmail.com Magician Tommy Wind, of the CW’s “Masters of Illusion” and a headliner at Tommy Wind Theater on the Strip, will be the guest presenter.
WEDNESDAY, MARCH 18
THURSDAY, MARCH 19
“The Affordable Care Act: Its Impact on Nevada” Time: 6:30 p.m. Cost: Free Location: InNEVation Center, third floor, 6795 Edmond St., Las Vegas Information: Email Marni Unger at marni@jewishlasvegas.com
Commercial Real Estate Development Association (NAIOP) candidate debate Time: 11:30 a.m. Cost: $35 for members, $50 for nonmembers Location: Orleans, 4500 W. Tropicana Ave., Las Vegas Information: Visit naiopnv.org
The Business and Professional Network of the Jewish Federation will present a panel discussion about the Affordable Care Act and how it affects residents and businesses in Nevada. Panelists include Dr. Mitchell Forman, dean of the medical school at Touro University; attorney Max Gakh; public policy expert Stacey Tovino; David Dahan, CEO of Orgill/Singer Associates; Rabbi Yitz Wyne of Young Israel Aish; and moderator Dr. Hugh Bassewitz.
Las Vegas Mayor Carolyn Goodman and Las Vegas City Councilman Stavros Anthony will discuss current affairs and give Las Vegas residents a sneak peak of what’s to come in the municipal election. Anthony is running against Goodman to be mayor.
Nevada Institute of Personalized Medicine seminar series Time: 4-5 p.m. Cost: Free Location: UNLV Science and Engineering Building auditorium, 4505 S. Maryland Parkway, Las Vegas Information: Email Megan Svarz at nipm@unlv. edu Dr. Vasu Punj of the Keck School of Medicine at the University of Southern California will present “Forging a Genomics Path to Personalized Cancer Therapies.”
Nevada Restaurant Association’s monthly Mix and Mingle Time: 5-7 p.m. Cost: Free for restaurant operators, managers and chefs, $15 for allied members, $25 for nonmembers, $35 at the door Location: Mercadito, Red Rock Resort, 11011 W. Charleston Blvd., Las Vegas Information: Email events@nvrestaurants.com Attendees can mingle with restaurant industry workers.
Henderson Chamber of Commerce Roadmap to Success Time: 7:30-9:30 a.m. Cost: Free for members, $25 for nonmembers, additional $10 for walk-ins Location: Henderson Business Resource Center, 112 S. Water St., Henderson Information: Visit hendersonchamber.com
CFMA March Madness membership mixer Time: 5-7 p.m. Cost: $10 Location: Sierra Gold, 6515 S. Jones Road, Las Vegas Information: Email Anne Gilroy at lasvegascfma@cfma.org
Attorney Lizette B. Sundvick of the Sundvick Legacy Center will discuss how to avoid estate planning mistakes.
Construction Financial Management Association members can mingle while watching college basketball.
“How the Art of Selling Can Make Big $$$ for Your Business” Time: 9-11:30 a.m. Cost: $30 for one person, $45 for two people
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SATURDAY, MARCH 21
Network After Work Time: 6-9 p.m. Cost: $12 in advance, $15 at the door with RSVP, $20 at the door with no RSVP Location: Deuce Lounge, Aria, 3730 Las Vegas Blvd. South, Las Vegas Information: Visit networkafterwork.com/events Attendees can network with dozens of business professionals from different industries and career levels.
Building Owners and Managers Association monthly breakfast meeting Time: 7 a.m. Cost: Free for members Location: Las Vegas Country Club, 3000 Joe W. Brown Drive, Las Vegas Information: Visit bomanevada.org Christopher Hoye, the U.S. marshal for Nevada, will present “Commercial Property Awareness: Are You Prepared?”
Lean manufacturing workshop Time: 8:30 a.m.-5 p.m. Cost: $299 (includes training materials, continental breakfast and lunch) Location: Desert Research Institute, 755 E. Flamingo Road, Las Vegas Information: Email Mary Arbutina at marbutina@nvie.nevada.edu Learn how to eliminate waste in operations and increase productivity.
THURSDAY, MARCH 26 Las Vegas Hospitality Association educational luncheon Time: 11:30 a.m. Cost: $45 for members with RSVP, $60 for nonmembers Location: Carmine’s Las Vegas, Forum Shops at Caesars, 3500 Las Vegas Blvd. South, Las Vegas Information: Visit mylvha.org Chris Meyer of the Las Vegas Convention and Visitors Authority will discuss the LVCVA’s plans for a $2.3 billion Las Vegas Global Business District, to be built on the recently acquired 26-acre Riviera site.
SATURDAY, MARCH 28 “Success with Social Media — Fabulous Facebook & Leveraging LinkedIn” Time: 9-11:30 a.m. Cost: $30 for one person, $45 for two people Location: Urban Chamber of Commerce, 1951 Stella Lake St., Las Vegas Information: Visit scorelv.org Learn strategies to improve marketing through social media sites such as Facebook, LinkedIn and Twitter.
3/13/15 2:06 PM
12
COMMERCIAL REAL ESTATE QUARTERLY
THE SUNDAY VEGAS INC
Send your business-related information to news@vegasinc.com
MARCH 15 - MARCH 21
Records and Transactions BID OPPORTUNITIES MONDAY, MARCH 16 2:15 p.m. Animal Control horse impound improvements - Horseman’s Park Clark County, 603601 Sandy Moody-Upton at scm@ clarkcountynv.gov
TUESDAY, MARCH 17
provement Clark County, 603607 Sandy Moody-Upton at scm@ clarkcountynv.gov 2:15 p.m. Pecos Road and Russell Road resurfacing Clark County, 603597 Tom Boldt at tboldt@clarkcountynv.gov
2 p.m. Firefighter clothing and equipment State of Nevada, 8311 Nancy Feser at nfeser@admin. nv.gov
3 p.m. Current production model water tender tanker Clark County, 603599 Sandra Mendoza at sda@clarkcountynv.gov
2:30 p.m. 60,000 GVW truck tandem axle with flatbed body and crane State of Nevada, 8302 Heather Moon at hmoon@admin. nv.gov
3 p.m. Kubota 2WD utility tractors Clark County, 603622 Ashley Blanco at ashley.blanco@ clarkcountynv.gov
WEDNESDAY, MARCH 18
BROKERED TRANSACTIONS
2 p.m. A one-year open-term contract for Type IV pavement marking film State of Nevada, 8314 Marti Marsh at mmarsh@admin. nv.gov
THURSDAY, MARCH 19 2 p.m. Six-wheel dustless waterless street sweepers State of Nevada, 8310 Marti Marsh at mmarsh@admin. nv.gov 2:15 p.m. Durango Drive, Tropicana Avenue to Desert Inn Road Clark County, 603579 Tom Boldt at tboldt@clarkcountynv.gov 2:15 p.m. Desert Breeze Recreation Center exterior and interior painting Clark County, 603613 Sandy Moody-Upton at scm@ clarkcountynv.gov 3 p.m. Annual requirements contract maintenance for painting services Clark County, 603467 Chetan Champaneri at chetanc@ clarkcountynv.gov 3 p.m. Current production model standard cab and chassis with dual rear wheels and a Duce E-Tipper Dump Bed Clark County, 603618 Sandra Mendoza at sda@clarkcountynv.gov
FRIDAY, MARCH 20 2:15 p.m. Government Center employee parking lot access control im-
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SALES $13,860,000 for 55,583 square feet, retail 6250-6350 W. Charleston Blvd., Las Vegas 89146 Seller: RPM Investments Seller agent: Chris Clifford and Sean Margulis of The Equity Group Buyer: Charleston Festival Retail LLC Buyer agent: Tim Behrendt and Lisa Hauger of Sun Commercial Real Estate Inc. $2,470,000 for 44,782 square feet, retail 3940 N. Martin Luther King Blvd., North Las Vegas 89032 Seller: Clark County Credit Union Seller agent: David Grant, Grant Traub and Chris Connell of Colliers International Buyer: Alexander Square LLC Buyer agent: Did not disclose $1,700,000 for 24,658 square feet, industrial 3840 N. Commerce St., North Las Vegas 89032 Seller: LVPC Commerce LLC Seller agent: Susan Borst of Colliers International Buyer: Praktyk LLC Buyer agent: Cathy Jones, Paul Miachika, Jessica Cegavske, Roy Fritz and Riley Foley of Sun Commercial Real Estate Inc. $800,000 for 5,589 square feet, office 375 N. Stephanie St., Suite 2, Henderson 89014 Seller: Bank of America Seller agent: Wil Chaffee and Paul Chaffee of NAI Vegas Buyer: MW Nevada LLC Buyer agent: Wil Chaffee and Paul Chaffee of NAI Vegas
$675,000 for 9,192 square feet, office/warehouse 6494 Boulder Ranch Ave., Henderson 89011 Seller: Vegas Closeouts LLC Seller agent: James Griffis of MDL Group Buyer: Larsen’s Real Estate Holdings LLC Buyer agent: Voit Real Estate $630,000 for 5,040 square feet, office 917-920 S. First St., Las Vegas 89101 Seller: LV First Street LLC Seller agent: Michael Boscia of MDL Group Buyer: World Investments Network Inc. Buyer agent: First Commercial Real Estate
LEASES $566,631 for 39,584 square feet, industrial for 60 months 1624 S. Mojave Road, Suite 150, Las Vegas 89104 Landlord: Mojave 15 LLC Landlord agent: Jarrad Katz and Galit Kimerling of MDL Group Tenant: Quality Iron Tenant agent: Marty Martell of MDL Group $226,753 for 3,410 square feet, office for 62 months 7312 W. Cheyenne Ave., Suite 2 , Las Vegas 89129 Landlord: MSCI 2006-IQ11 Landlord agent: Cathy Jones, Paul Miachika, Jessica Cegavske, Roy Fritz, and Riley Foley of Sun Commercial Real Estate Inc. Tenant: LVPT LLC Tenant agent: N/A $74,256 for 1,409 square feet, retail for 39 months 3330-3370 E. Flamingo Road , Las Vegas 89121 Landlord: Allisam Ren III LLC/ Shekofeh Ren III LLC/Bob Ren III LLC Landlord agent: Robin Civish of Voit Real Estate Services Tenant: Luis Fernando Diaz Escobar Tenant agent: Laura Goncalves of Realty One Group $50,894 for 1,427 square feet, office for 39 months 3900 Paradise Road, Las Vegas 89169 Landlord: RREF II CGM Office LLC Landlord agent: Jayne Cayton of Voit Real Estate Services Tenant: Rocket Reporting Inc. Tenant agent: Coldwell Banker Premier $41,800 for 1,120 square feet, retail for 36 months 6010 W. Cheyenne Ave., Suite 9, Las Vegas 89108 Landlord: Cheyenne Plaza Ltd.
Re Landlord agent: Chris Emanuel of Virtus Commercial Tenant: Pritty Enterprises Inc. dba Sabi Smoke Shop Tenant agent: N/A
BUSINESS LICENSES 702 Computers Business type: General retail sales Address: 2350 S. Jones Blvd., Suite 101 , Las Vegas Owner: Mahdi Shamim Absolut Pool Cleaning Business type: Property maintenance Address: 9550 S. Eastern Ave., Suite 253, Henderson Owner: Absolut Pool Cleaning LLC Alice Edwards Business type: Real estate sales Address: 5550 Painted Mirage Road, Suite 140, Las Vegas Owner: Alice Edwards All American Home Services Business type: Repair and maintenance Address: 1550 Latigo Drive, Las Vegas Owner: All American Home Services LLC All Around Handyman Business type: Handyman/maintenance services Address: 3424 Edgehill Way, North Las Vegas Owner: Ronoldy Villatoro All Green Lawn Care Business type: Lawn maintenance Address: 4442 Sun Vista Drive, Las Vegas Owner: Natividad G. Sanchez Ana’s Auto Accessories Business type: General retail sales Address: 1717 S. Decatur Blvd., Suites J24, J25, J26, Las Vegas Owner: Ed Milli Angel Nails Business type: Beauty parlor Address: 5546 Camino Al Norte, North Las Vegas Owner: Bryan Tran Anthem’s Errand Runner Pet Sitter Business type: Pet sitter Address: 12 Hammock Dunes Court, Henderson Owner: Vanessa Tiegs Appliance Installs LLC Business type: Appliance installation Address: 249 Datura St., Henderson Owner: Appliance Installs LLC Aquaperfect Business type: General retail sales Address: 3965 E. Patrick Lane, Las Vegas
Owner: Pristine LV Inc. Arrive Software Inc. Business type: General retail sales Address: 724 S. 8th St., Las Vegas Owner: Charles Neal ASAP Security Business type: Locksmith/safe mechanic Address: 3170 Polaris Ave., Suite 4, Las Vegas Owner: Crime Busters of Nevada Inc. Ashley Furniture Industries Inc. Business type: Storage facility large Address: 4168 N. Pecos Road, Suite 108, North Las Vegas Owner: Southwestern Furniture of Wisconsin LLC
Address Suite 12 Owner: A
Box Hum Business Address Suite 181 Owner: S
BP Plann Business (counter Address Suite 25 Owner: P
Broken G Business Address North La Owner: B
Asian Magic Inc. Business type: General retail sales Address: 1717 S. Decatur Blvd., Suites I32-I33, Las Vegas Owner: Richard Lee
Bundle M Business Address Las Veg Owner: M
Avendco Inc. Business type: Coin amusement machine Address: 6500 W. Sahara Ave., Las Vegas Owner: Andre Nelms
Cactus A Business Address Vegas Owner: J
Azure Formal Wear Business type: General retail sales Address: 420 S. Rampart Blvd., Las Vegas Owner: Ivent Productions LLC Bento Barso Lawn Maintenance LLC Business type: Lawn maintenance Address: 2821 Bassler St., North Las Vegas Owner: Bento Barso Lawn Maintenance LLC Beyond Social Business type: Management or consulting service Address: 241 W. Charleston Blvd., Suite 111 , Las Vegas Owner: Modern LV LLC Big Boy’s Toys Business type: Mobile mechanic Address: 868 Bergamont Drive, Henderson Owner: Robert A. Justice Billi K. Walton Business type: Real estate sales Address: 9420 W. Sahara Ave., Suite 100, Las Vegas Owner: Billi K. Walton LLC Binglian Shi Business type: Independent massage therapist Address: 2011 Via Firenze, Henderson Owner: Bing Lian Shi Botanica La Casa Del Yabo Business type: General retail sales
3/13/15 2:05 PM
Casafina Business Address Suite 2, Owner: M
Century 7-11 Business Address Henders Owner: U
Chefery Business cafe Address Drive, La Owner: C
Clean W Business system m Address Henders Owner: R
Cosmo A Business Address Suite 23 Owner: S
Crafty C Business serts Address Ave., He Owner: D
Creative Business Address
13
COMMERCIAL REAL ESTATE QUARTERLY
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Send your business-related information to news@vegasinc.com
MARCH MARCH1515- MARCH - MARCH2121
Records and Transactions Suite 190 , Las Vegas Owner: Julie Deitrick
Vegas Cambridge Builders Inc.
Box Human Landscapers Business type: General retail sales Address: 353 E. Bonneville Ave., Suite 181, Las Vegas Owner: Short and Curly’s LLC
Diamond and Tree Services LLC Business type: Lawn maintenance Address: 3204 Wembley Court, North Las Vegas Owner: Diamond and Trees Services LLC
$1,181,087, commercial-alteration 4100 E. Lone Mountain Road, North Las Vegas Gluck Development Company
BP Planners Business type: General services (counter/office) Address: 720 E. Charleston Blvd., Suite 250, Las Vegas Owner: Pierre Davis
DJ Cleaning Services Business type: Residential property maintenance Address: 2237 Clinton Lane, Las Vegas Owner: Jose Quintero
Broken Glass Images Business type: Photograph studio Address: 2116 Mistle Thrush Drive, North Las Vegas Owner: Broken Glass Images
Dolphin Court Salon & Day Spa Business type: Permanent makeup Address: 7581 W. Lake Mead Blvd., Suite 130, Las Vegas Owner: Nav Holdings Inc.
Bundle Me Cute Business type: General retail sales Address: 923 Azure Heights Place, Las Vegas Owner: MSB Designs LV LLC
Earth Limos Business type: Motor transportation service Address: 2901 Highland Drive, Suite 6G, Las Vegas Owner: Earth Limousines LLC
Address: 901 S. Rancho Drive, Suite 12 , Las Vegas Owner: Aporojee LLC
Cactus Air LLC Business type: Contractor Address: 1098 E. Sahara Ave., Las Vegas Owner: Juan Castro Casafina Design Studio LLC Business type: Designer/draftsman Address: 4870 W. Oquendo Road, Suite 2, Las Vegas Owner: Michael Rennick Century Gaming Technologies dba 7-11 Business type: Restricted gaming Address: Multiple Locations, Henderson Owner: United Coin Machine Co. Chefery Business type: Food services or cafe Address: 2540 Anthem Village Drive, Las Vegas Owner: Chefery LLC Clean Water 4 Less Business type: Water treatment system manufacturing Address: 702 Rocky Trail Road, Henderson Owner: Ronnda Crosley Cosmo America Corp. Business type: Merchandise broker Address: 8010 W. Sahara Ave., Suite 235 , Las Vegas Owner: Se Myung Suk Crafty Confectionist Business type: Homemade desserts Address: 951 Las Palmas Entrada Ave., Henderson Owner: Debbie B. Castillo Creative Reflections Business type: Cosmetology Address: 8751 W. Charleston Blvd.,
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Elegante Banquet Hall Business type: Alcoholic beverage caterer Address: 3020 E. Bonanza Road, Suite 110, Las Vegas Owner: Bonanza Mojave LLC Encompass Home Health of Nevada Business type: Residential home care provider Address: 6080 S. Fort Apache Road, Suite 105, Las Vegas Owner: Encompass Home Health of the West LLC Evapor8 Business type: Vapes and electronic cigarettes Address: 450 Fremont St., Suite 155, Las Vegas Owner: Cloud 9 LV LLC Farmer Boys Business type: Restaurant Address: 4833 W. Charleston Blvd., Las Vegas Owner: FBF Ontario LLC Fido’s Fine Dining Business type: Nonfarm product vendor Address: 302 S. Rampart Blvd., Las Vegas Owner: Fido’s Fine Dining LLC Flooring Depot LLC Business type: Building, plant nursery and hardware supplies Address: 3542 Sirius Ave., Suite A, Las Vegas Owner: Steve C. Cooper
BUILDING PERMITS $15,358,711, commercial-new 360 W. Cheyenne Ave., North Las
$805,068, commercial-remodel 7585 Commercial Way, Suite H, Henderson Aptus Group $786,004, residential-new 2 Moss Spring Court, Henderson Crush Properties LLC $500,000, commercial-on-site hardscapes and improvements 1403 Laurelhurst Drive, Las Vegas National Construction Provider $415,161, commercial-remodel 2290 Corporate Circle, Henderson Barclaycard $350,000, residential-new 8389 Eagle Estates Court, Las Vegas Cody Noble $250,000, commercial-remodel 490 N. Stephanie St., Suite 110, Henderson Galileo Galleria LLC $246,200, tenant improvement 1300 W. Sunset Road, Henderson K-1 Construction Inc. $238,827, residential-new 1017 Old Creek Way, North Las Vegas Pardee Homes of Nevada $225,000, commercial-assembly group 1503 Laurelhurst Drive, Las Vegas National Construction Provider $220,827, residential-new 1013 Old Creek Way, North Las Vegas Pardee Homes of Nevada $198,784, residential-new 1009 Old Creek Way, North Las Vegas Pardee Homes of Nevada $170,157, residential-new 908 Peaceful Glen Court, North Las Vegas Pardee Homes of Nevada $168,731, residential-new 1005 Old Creek Way, North Las Vegas Pardee Homes of Nevada $168,673, residential-new 917 Old Creek Way, North Las Vegas Pardee Homes of Nevada $161,809, residential-new 921 Old Creek Way, North Las Vegas
Pardee Homes of Nevada $160,266, residential-new 12213 Tempestad Ave., Las Vegas Toll South LV LLC $155,565, wall and/or fence 2840 Via Contessa, Henderson Hirschi Masonry LLC $150,741, residential-new 242 Evante St., Las Vegas Toll South LV LLC $150,741, residential-new 12214 Tempestad Ave., Las Vegas Toll South LV LLC $147,148, residential-new 909 Peaceful Glen Court, North Las Vegas Pardee Homes of Nevada $147,148, residential-new 920 Peaceful Glen Court, North Las Vegas Pardee Homes of Nevada $147,148, residential-new 1005 Peaceful Glen Court, North Las Vegas Pardee Homes of Nevada $146,998, residential-new 4413 Duck Harbor Ave., North Las Vegas KB Home Nevada Inc. $143,776, residential-new 6217 Silver Bank St., North Las Vegas KB Home Nevada Inc. $143,336, residential-new 925 Old Creek Way, North Las Vegas Pardee Homes of Nevada $134,402, residential-new 1421 Miller Ridge Ave., North Las Vegas Pardee Homes of Nevada $129,479, residential-new 913 Peaceful Glen Court, North Las Vegas Pardee Homes of Nevada $129,479, residential-new 924 Peaceful Glen Court, North Las Vegas Pardee Homes of Nevada $125,540, residential-new 1416 Miller Ridge Ave., North Las Vegas Pardee Homes of Nevada $125,540, residential-new 1417 Miller Ridge Ave., North Las Vegas Pardee Homes of Nevada $121,154, residential-new 1420 Miller Ridge Ave., North Las Vegas Pardee Homes of Nevada
$121,154, residential-new 1413 Miller Ridge Ave., North Las Vegas Pardee Homes of Nevada $120,835, residential-new 5732 Clear Haven Lane, North Las Vegas Beazer Homes Holding Corp. $120,000, residential-remodel 805 Petit Chalet Court, Las Vegas New Freedom Properties LLC $113,852, residential-new 143 Chastain Park Drive, North Las Vegas Woodside Homes of Nevada LLC $112,462, residential-new 5736 Clear Haven Lane, North Las Vegas Beazer Homes Holding Corp. $107,553, residential-new 912 Peaceful Glen Court, North Las Vegas Pardee Homes of Nevada $107,553, residential-new 921 Peaceful Glen Court, North Las Vegas Pardee Homes of Nevada $106,108, residential-new 6225 Silver Bank St., North Las Vegas KB Home Nevada Inc. $101, 865, residential-new 10529 Rain Water Drive, Las Vegas Ryland Homes $100,444, residential-new 5729 Clear Haven Lane, North Las Vegas Beazer Homes Holding Corp.
CONVENTIONS 2015 International Limousine Charter & Tour Show Location: Venetian Dates: March 16-18 Expected attendance: 3,000 International Wireless Communications Expo 2015 Location: Las Vegas Convention Center Dates: March 18-19 Expected attendance: 7,000 Ace Hardware Corporation - ACE 2015 Location: Mirage Dates: March 18-20 Expected attendance: 14,000 To receive a complete copy of Data Plus every week in Excel, please go to www.vegasinc.com/subscribe
3/13/15 2:05 PM
Specializing in the Sale of Commercial Investment Property and the Sales and Leasing of Office, Industrial and Retail
Information Technology is not enough. 49 YEARS OF PERFORMANCE NOT PROMISES Soozi Jones Walker CCIM, SIOR Broker/President Soozi@CEVegas.com
Bobbi Miracle CCIM, SIOR Senior Vice President Bobbi@CEVegas.com
Call Norm Kirch at 702.749.1212 to start designing a smart network and cloud solution for your business.
(702) 316-4500
7219 W. Sahara, Suite #100, Las Vegas, NV 89117
windstreambusiness.com/nevada data. voice. network. cloud.
LEADERS. STRATEGISTS. VISIONARIES.
Top Producer David Scherer
Doug Schuster
Curt Allsop
Larry Singer
CELEBRATING OUR TOP PRODUCERS OF 2014. 3930 Howard Hughes Parkway, Suite 180, Las Vegas, NV 89169 T 702.733.7500 www.ngkf.com
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15
COMMERCIAL REAL ESTATE QUARTERLY
THE VEGAS SUNDAY INC
Send your business-related information to news@vegasinc.com
The List 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
MARCH 15 - MARCH 21
CATEGORY: COMMERCIAL REAL ESTATE BROKERAGES (RANKED BY TOTAL 2014 LEASE AND SALES VOLUME) Year established locally
Total volume
Colliers International - Las Vegas 3960 Howard Hughes Parkway, Suite 150 Las Vegas, NV 89169 702-735-5700 • colliers.com/lasvegas
1998
CBRE Inc. 3993 Howard Hughes Parkway, Suite 700 Las Vegas, NV 89169 702-369-4800 • cbre.com
Lease volume
Sales volume
Commercial agents
Top local executive
$1,386,200,000
$769.8 million
$616.5 million
65
Mike Mixer, executive managing director
1981
$1,069,181,404
$419.1 million
$650 million
26
Michael Newman, managing director
Cushman & Wakefield Commerce 3773 Howard Hughes Parkway, Suite 100-S Las Vegas, NV 89169 702-796-7900 • comre.com
2001
$489,408,569
$341.8 million
$147.6 million
18
Michael R. Dunn, market leader
Newmark Grubb Knight Frank 3930 Howard Hughes Parkway, Suite 180 Las Vegas, NV 89169 702-733-7500 • ngkf.com
2000
$450,460,341
$135.4 million
$315 million
17
Kevin McCabe, executive vice president
ROI Commercial Real Estate 7100 W. Smoke Ranch Road, Suite 100 Las Vegas, NV 89128 702-363-3100 • roicre.com
1992
$218,105,565
$187.2 million
$30.9 million
7
Dan Adamson, president
Jones Lang LaSalle Brokerage Inc. 302 E. Carson Ave., Suite 310 Las Vegas, NV 89074 702-360-4907 • jll.com/las-vegas
1998
$206,000,000
$206 million
-
5
Bret Davis, senior vice president
Voit Real Estate Services 6385 S. Rainbow Blvd., Suite 100 Las Vegas, NV 89118 702-734-4500 • voitco.com
2002
$176,000,000
$102 million $74 million
11
Kevin Higgins, executive vice president
The Equity Group 6018 S. Durango Drive, Suite 110 Las Vegas, NV 89013 702-369-4300 • teglv.com
1980
$159,935,271
$60.7 million
$99.2 million
22
Brendan Keating, principal
NAI Vegas 8945 W. Russell Road, Suite 110 Las Vegas, NV 89148 702-383-3383 • naivegas.com
1978
$141,102,210
$789,168
$140.3 million
9
Patrick Sauter, managing director
First Real Estate Companies 2117 Alta Drive Las Vegas, NV 89106 702-798-9988 • frecnv.com
1991
$124,581,904
$4.7 million
$119.9 million
4
Kevin M. Buckley, broker-manager
Avison Young 3993 Howard Hughes Parkway, Suite 350 Las Vegas, NV 89169 702-472-7979 • avisonyoung.com
2012
$101,300,000
$58.5 million
$42.8 million
16
Joseph Kupiec Sr., principal
Sun Commercial Real Estate Inc. 8936 Spanish Ridge Ave. Las Vegas, NV 89148 702-968-7300 • suncommercialre.com
2006
$98,500,000
$12.1 million
$86.4 million
14
Cathy Jones, president
Virtus Commercial 1333 N. Buffalo Drive, Suite 120 Las Vegas, NV 89128 702-787-0123 • virtusco.com
2008
$85,776,935
$21.7 million
$64.1 million
10
Chris Emanuel, president
New Market Commercial Real Estate Advisors 5245 S. Durango Drive Las Vegas, NV 89113 702-221-2500 • newmarketadvisors.com
1997
$81,064,818
$40.8 million
$40.3 million
10
Charles Creigh, president
MDL Group 3065 S. Jones Blvd., Suite 201 Las Vegas, NV 89146 702-388-1800 • mdlgroup.com
1989
$70,303,257
$37.8 million
$32.5 million
12
Hayim Mizrachi, president
Company
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 lists, omissions sometimes occur. Please send corrections or additions on company letterhead to Pashtana Usufzy, researcher, VEGAS INC, 2360 Corporate Circle, Third Floor, Henderson, NV 89074.
15_VI_List_20150315.indd 15
3/13/15 2:04 PM
TOP BROKERS 2014 WINNERS COLLIERS EVEREST CLUB
In Remembrance of
Keith W. Bassett It is with a very heavy heart that we say goodbye to our dear friend, colleague and mentor, Keith Bassett. Keith passed away peacefully Saturday morning at home. For those of you that knew Keith, you know we lost a very special man. He is the standard by which we should all strive to be, both personally and professionally.
Great people make great companies. For 2014, four of our local brokers were recognized for being in the top 10 percent of all Colliers professionals in brokerage across the Americas region. These individuals have made their mark with proven strategic innovation, exceptional brokerage performance, and inspiring personal integrity. Welcome to The Everest Club. colliers.com/lasvegas
The Las Vegas office of Cushman & Wakefield | Commerce has named their “Employee of the Year” award in his honor.
DAN DOHERTY
SCOTT GRAGSON
PAT MARSH
MIKE STUART
Mike Mixer Executive Managing Director 702-735-5700
Co ns by tructio Me n ad Fina ow s B nc e d a nk
Financing for the future From office buildings to skilled nursing facilities to gas station/convenience store projects, Meadows Bank has been actively providing interim and permanent construction financing, helping to create jobs and provide a boost to our local economy. As a locally owned community bank with local decision making, we are known for our quick turn around and out-of-the-box loan programs. Please give us a call for financing assistance with your next project. Interim and Permanent Construction Financing Commercial Real Estate and Business Loans Working Capital Loans and Lines of Credit SBA 7(a) and 504 Loans* Cash Management and Bill Payment Online and Mobile Banking Remote Check Deposit Checking, Savings and other Depository Products & Services *We are a SBA “Preferred Lender Program” (PLP) Lender All deposits FDIC insured to the maximum limits
Barry Harrison
Senior Vice President/ Senior Loan Officer 702.471.2265 | MeadowsBank.com
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SPECIAL PUBLICATION
PRESENTED BY
SPONSORED BY
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2015
—FROM THE EDITOR—
W
ith a magic combination of smarts, skill, compassion and com-
mitment to community, the hon-
orees of our annual 40 Under 40 publication represent the best that Southern Nevada has to show the world, and VEGAS INC is proud to share their stories with you. In our 15th annual publication, we’re recognizing 40 men and women from a cross section of industries in the valley but they have one thing in common — Las Vegas is a better place because of them. As has been happening since 2001, nominations for the honor poured in. We assessed each candidate’s community service, entrepreneurial spirit and impact on their respective industry. The group has achieved some great feats before their first “Lordy, lordy look who’s 40” birthday card, and a common theme motivates them: As President and CEO of St. Rose Dominican Hospitals-San Martin Campus Lawrence Barnard says, “I would like to help shape the future of Las Vegas.” How they shape the future manifests itself differently from honoree to honoree. More than one is helping our students get a firm foothold on
3A
—THE HONOREES— Dr. Olya Banchik . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10A Lawrence Barnard. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8A Danielle Bisterfeldt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18A Chad E. Brown. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11A Cory Burgess. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17A Angelo Castro. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7A Anna Catlett . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7A Alex Cordova. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14A Joanna DiNatale . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14A Theresa Fette . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18A Maria Jose Gatti. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11A Jeremy Gregersen . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18A Karen Todd Griffin. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21A Stacy Hamilton . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12A Jake Joyce. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10A Erin Kinard. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15A Jacob Lanning . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16A Jaimeson Mapes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19A Tina Matson . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .20A Michael McKiski. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .22A
the path to greatness, perhaps setting them up to be future 40 Under 40 honorees. Others possess an outlook that helps showcase Southern Nevada in the best light possible. Gady Medrano, who appears on the reality show “Flipping Vegas,” said, “We try to portray Las Vegas in the most popular light and really show people living and working in regular neighborhoods beyond the Strip.” All of our honorees are highly motivated. “It’s an inner drive to succeed and learn more and to make a difference,” said Anna Catlett, marketing director for Southwest Medical Associates. Take the time to read about these young leaders and their amazing accomplishments. This distinguished group plays a crucial role in Southern
Anthony McTaggart . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12A Gady Medrano . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6A Justin Moore . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6A Matthew Moore . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7A Alisa Nave-Worth . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .22A Ronn Nicolli . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16A Shaan Patel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16A Kimiko Peterson . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12A Georgeann Pizzi . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8A David Russo . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14A
Nevada’s business development vision, all in their own special way. A special thank you goes out to Vegas Young Professionals, the Nevada Department of Public Safety and Switch, which helped sponsor this year’s 40 Under 40. Another special thank you goes to the Foxtail and SLS for hosting the soiree where we honor these leaders and innovators Craig Peterson Editor of Special Publications craig.peterson@gmgvegas.com
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Justin Schmiedel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9A Glendon Scott. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .22A Brad Seidel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19A Dorian Stonebarger . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13A Riley Troy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15A Lawrence Vaughan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .20A Erin Ward . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .20A Polly Weinstein . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10A Brandon Wiegand . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8A Fletcher Whitwell . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6A
3/12/15 10:07 AM
2015
4A
—FROM THE SPONSORS—
T
he Nevada Department of Public Safety would like to congratulate VEGAS INC’s 40 Under 40. Their accomplishments and commitment to leadership in the community exemplify the greatness that can be found in Southern
Nevada. The NDPS is committed to achieving the highest standards of safety through educa-
tion and promotion of good decision-making practices. As young leaders, we call upon each and every one of you to further this mission by continuing to highlight traits that promote a stronger and safer community. With this deserved recognition, you have all been unwittingly bestowed the responsibility of acting as public ambassadors whose examples will positively impact and influence those that look up to you. This group of exceptional young professionals has achieved great feats in the early stages of their careers and we look forward to all that they bring to the community now and in the future.
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5A
— PA S T H O N O R E E S — Kimberly Adams Yolanda Adams Jeremy Aguero Lori Aguirre Dr. Rooman Ahad Kevin Aiken Dr. Tony Alamo Wendy Albert D.J. Allen Stacy Allsbrook Dulcinea Almazan Jade Anderson Lyssa Anderson Jade Anderson Dana Andrew Bill Arent Adriana Arevalo Paola Armeni Kim Ast Dr. Arthur Cambeiro Darrin Badger Kenneth Bahl Candace Bailey Scott Ball Mike Ballard Chris Baughman Matt Bear Steven Beatty Jay Beckman Brent Bell Kassi Belz Christopher Bentley Dominique Bertolone Brian Best Melissa Beutler Mark Birtha Danielle Bisterfeldt Johanna Blake David Blau Elizabeth Blau Bert Blevins Jay Bluhm Jocelyn Bluitt-Fisher Julia Boguslawski Rob Bone Tracy Bower Kelli Bowling Cindy Braden Lance Bradford Leilani Bradford Jennifer Bradley Quincy Branch Tom Breitling Heidi Bretthauer Autumn Lee Briggs Kelly Brockman Chris Brophy Randy Burk Rose Burnett Reggie Burton Irene Bustamante Paige Candee Julie Cane Louis John Castle Cassie Catania Craig Cavileer Jayne Cayton Mark Cenicola Angie Cerreta Anne Chahal David Chavez Sam Cherry Vandana Chima-Bhalla Rehan Choudhry Andy Choy Dawn Christensen Jared Chupaila
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Caroline Ciocca Jeff Civillico Bryan Clark Clinton Clausen Blain Claypool Bryce Clutts Michael Coldwell Chris Conlee Alissa Conte Kristin Conte Kipp Cooper Kristine Shattuck Cooper Jason Cooper Jeremy Copeland Tony Cornell Lisa Corrado Denette Corrales Andrew Courtney Maximiliano Couvillier III Richard Coyle Jennifer Ko Craft Michael Crandall Michael Crome Douglas Crook Dr. Michael Crovetti Stephen Crystal Jeff D’Allesio Mark Daigle Ted Dake Shawn Danoskiw Kimberly Daoust Chris Davenport Robert Davenport Terri Lezcano Davis Shelby Decosta Michael Del Gatto Francisco Del Toro Michael DeLew Dr. Steven DeLisle Michelle Dell David DelZotto Peter DeMangus Dr. Robert DeMartino Kami Dempsey-Goudie Greg DeSart Jackie Dennis T.J. Diab Jason Diaz Joe DiRaffaele Daniel Doherty Andrew Donner Ryder Donohue Deborah Doucette Justin Doucette Dustin Dunn Scott Eaton Alex Edelstein Robert Elliott Cynthia Enerson Alexandra Epstein Dale Erquiaga Corey Eschweiler Deborah Evans Dr. Rutu Ezhuthachan Jen Fabbi Zaher Fakih Karen Faulis Rebecca Fay Tom Fay Sean Fellows Mark Ferguson Frank Fertitta III Lorenzo Fertitta Jeffrey Fine Jonathan Fine Randall Fine Mark Fiorentino
Amy Firmani Ryan Flieger Aaron Ford Bruce Ford Victor Fuchs Michael Fuller John Futrell Darrin Gagnon Merlinda Gallegos Tracy Gallegos Cameron Galloway Tammy Garcia Puneet Garg Jason Gastwirth Frank Gatski Douglas Geinzer Jim Gentleman Reinier Geyser Arash Ghafoori Kate Gilman Ben Girardin Anthony Gladney Dara Goldsmith David Goldwater Kimberly Gora Brian Gordon Al Gourrier Scott Gragson Gidget Graham Vincenzo Granata Jon Gray Jason Griffith Robert Gronauer Ryan Growney Ricardo Guerrero James Gunther Rob Gurdison Celena Haas Christian Haase Mick Hall Chris Hammond Lisa Hammond Molly Kay Hamrick Fred Harmon Corey Harrison Cory Harwell Dr. John Hawk Carrie Henderson Vincent Hesser Kevin Higgins Adam Hodson R. Darin Hollingsworth Bobby Hollis Duane Holloway Steven Horsford Brad Howard Jammie Hsu Michael Humbarger Michael Hutchings Mark Hutchison Paul Huygens Max Jacobson-Fried Joel Jarvis Corey Jenkins Pamela Jenkins Ben Jensen Jeremy Jenson Christy Jeppesen Kuba Jewgieniew Trina Jiles Billy Johnson Terry Johnson Jeff Jonas Daniel Jones Jared Jones Justin Jones Kelley Jones
Michael Jordan Wendy Jordan Dr. Joseph Nicola Kathy Jumper Justin Kalb Brian Kapp Dr. Robert Karl Nicholas Kasik Andy Katz Brendan Keating Heidi Keller Kara Kelley Alissa Kelly Erden Kendigelen Todd Kennedy Rod Kerezsi Robert Kim Debi Kinney David Kirvin Greg Korte Adam Kramer Matthew Kreutzer John Krieger Bryan Kroten Jason Kuckler Bryce Kunimoto Suzette La Grange Lisa Wong Lackland Sharice Lance Christopher LaPorte Jeffrey LaPour Chad Layne Jennifer Lazovich B.C. LeDoux Jimmy Lee Pauline Ng Lee Debbie Lehman Todd-Avery Lenahan Angela Lester Jennifer Levine Adrian Levy Jennifer Lewis Marcus Lidey Wendy Lincoln John Lopeman Tami Lord Nichole Lovely Matt Maddox Sean Mahoney Dawn Maiorano James Malinchak Lisa Mariani Maria Marinch Scot Marker Frank Marretti III Frank “Guy” Martin Rodman Martin Ryan Martin Terri Maruca Joe Massanova La Sonia Samuel Maxey Kimberly MaxsonRushton Carol Mayorga William McBeath Mathew McCarthy Nikkole McCartin Ryan McClellan Steve McCracken Chad McCullough Kimberly McDonald Dan McElhattan III Elizabeth Mercier Veronica Meter Joe Micatrotto Jr. Justin Micatrotto Jenn Michaels
Lauren Michaels Mike Micone Laura Miele Gwen Migita Dimitri Mihaloliakos Tom Mikovits Julianne Miller Matthew Milone Tami Miramontes Brad Mishlove Larry Monkarsh Carlos Montoya Paul Moradkhan Ashley Morris Natalie Mounier Matthew Muldoon Paul Murad Courtney Murphy Mike Murphy Tanya Murray Heather Murren Jodi Myers Dr. Aury Nagy Kyle Nagy Farhan Naqvi Dr. Nav Sharda Lori Nelson Chris Nelson Shaundell Newsome Todd Nigro Bill Oakley John Oceguera Jeffrey Ogden Sean Ono Javier Ortiz Angela Turriciano Otto Kurt Ouchida Kristi Overgaard Kevin Page Dr. Samir Pancholi Sheila Pankas Nancy Paolino Todd Parmelee Todd Parriott Lance Parvin Edgar Patino Lazara Paz Maureen Peckman Jon Perry Shannon Petersen Clark Peterson Jacqueline Peterson Xavier Peterson Paul Phillips Lesley Pittman Susan Pitz Joseph Piurkowski Monica Plaxton-Garin William Plise Peter Poggione Gina Polovina Anita Pomerantz Timothy Poster Dr. Jaleh Pourhamidi Coby Powell Russell Price Louis Primak Tina Quigley Abby Quinn Michelle Quinn Kevin Rabbitt Calvin Regan Josh Reid Patrick Reilly Vanessa Reinhart Nathan Reinmiller Devin Reiss
Bobby Reynolds Suzanne Richardson Brian Riffel Joy Rineer Alex Rivlin Anna Robins Hilarie Robison Florence Rogers Joe Romano Michelle Romero Stephanie Rosol David Ross Amy Rossetti Pasquale Rotella Jason Roth Michele Rothstein David Rounds Brian Roush Christina Roush Yale Rowe Adrienne Rowland Erin Russell Dianna Russo Deanne Rymarowicz Elaine Sabchez John Saccenti Tony Sanchez Lisa Santwer Andrew Sasson Coreen Sawdon David Saxe Dr. Alana Saxe, D.M.D. Brian Schaff Vincent Schettler Seth Schorr Brian Schultz Andy Schuricht Ray Sedey Guerin Senter Allison Serafin Michael Sexton Phil Shalala Mandy Shavinsky Brad Sher Michelle Shetrom Jason Shkorupa Craig Shute Scott Sibella Catherine Siefert Stephen Siegel Carlos Silva Holly Lobelson Silvestri Sebastien Silvestri Angelica Silveyra Jennifer Simich Tabitha F. Simmons Andrew Simon Gary Siroky Tracy Skenandore Joshua Smith Patrick Smith Jason Smylie Torry Somers Paul Speirs Adam Sperling Debra Spinelli Dennis Sponer R. Brandon Sprague Eamon Springall Mario Stadtlander Stephanie Stallworth Steve Stallworth Karen Stephenson Sean Stewart Ty Stewart Kevin Stickelman Robert Stillwell
Mitchell Stipp Judy Stone Christy Stratton Jason Strauss Robert Strehlow Jim Stuart Kevin Stuessi Ryan Sullivan David Swallow Nick Swinmurn Josh Swissman Greg Tassi Alicia Taylor Katarina Tesarova Vanessa Teeter Taber Thill Dawn Hathaway Thoman Jason Thomas Erica Thompson Terrence Thornton Solveig Thorsrud-Allen Michael Threet Adam Throgmorton Adam Thurgood Ronna Timpa John Tippins Adam Titus Kathy Topp Robert Torres Jesika Towbin-Mansour Grant Traub Nelson Tressler Mark Tricano Daniel Tuntland Reggie Turner Teresa Story Turner Anthony Twist Joseph Vassallo Joan Vaughan Gary Vecchiarelli John Villari Merrell Virgen John Vorsheck Alison Wainwright Jesse Waits Shauna Walch Dr. Alexandra Walsh Dr. Ryan Walsh Fred Walters Lenny Ware Brad Warga Xavier Wasiak Stacy Watkins Stacey Wedding Greg Wells Dr. Timothy West Geoffrey West William Whatley Jennifer White Kate Whiteley John Wilson Stephanie Wilson Jordan Wirsz James Wolf Julie Wolf Steve Woo Jeff Wood Lisa Wright Paula Yakubik Med Yones Shane Young Dr. Jessica Zarndt Anthony Zuiker
3/12/15 10:07 AM
2015
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Fletcher Whitwell
Senior Vice President, Group Managing Director
R&R Partners
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Age: 39
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letcher Whitwell had his sights on a news anchor career while studying journalism in college — then the business side of the media world caught his attention. After spending some time as a station manager at the radio station of his alma mater — University of Mississippi — Whitwell eventually went to work for media giants Clear Channel in Memphis then Starcom in Chicago on the media sales and marketing sides. After relocating to Southern Nevada nine years ago, Whitwell initially oversaw R&R Partners’ media team, but helped to leverage that enterprise into a
massive profit generator for the agency that today sees more than $350 million in annual billings. Whitwell helped grow this business arm by leveraging resources that transformed the media buying experience for his clients. Media analytics now allow his team to give true insights to clients about the success of their campaigns. Whitwell also created a research team that used the analytics data and other information to help gain more insights into their clients’ offerings and their target audiences. “We always talk about winning for our clients, winning in ways you can’t imag-
ine. We talk about being all-in for our clients. I feel that way personally,” he said. “I don’t like to just give thoughts from a thousand-foot view and walk away. ... Winning and being successful for our clients drives me.” Whitwell is also actively involved in the R&R Foundation and serves on the boards of Spread the Word Nevada (STWN) and the Human Rights Campaign (HRC). STWN supports early childhood literacy by providing books for at-risk children in low-income communities. The HRC promotes equal rights for the LGBTQ community. — Brian Sodoma
Gady Medrano Realtor
Goliath Properties / “Flipping Vegas”
B We try to portray Las Vegas in the most popular light, and really show people living in regular neighborhoods beyond the Strip.
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Age: 32
ay Area native Gady Medrano is committed to representing a side of is a second-generation real es- the city that often gets overshadowed tate investor who flipped her first by neon. house at age 19. An experienced Realtor “We try to portray Las Vegas in the well-versed in both residential and com- most popular light and really show peomercial real estate, Medrano is part of the ple living and working in regular neighlocal team at Goliath Properties who can borhoods beyond the Strip,” said Medrabe seen on the A&E Network’s television no, who has worked on dozens of flips for series “Flipping Vegas,” where the crew the show, as well as scores with her own breathes new life into rundown homes. ventures, which include Sinai Real Estate. Now in its fourth season, “Flipping “‘Flipping’ has been wonderful to us, and Vegas” is syndicated to the Lifetime has been really well-received by viewers.” Channel, among others, and can be seen Medrano — who is also pursuing other worldwide by millions of viewers. With solo television opportunities — strives to a passion for the local market, Medrano feature charitable organizations on “Flip-
ping Vegas,” including Wounded Veterans, which was showcased in an episode in which a home was donated to a veteran who lost his leg in Iraq. Medrano is also active with cancer research, and heavily involved with a number of organizations dedicated to helping those afflicted and finding a cure. Outside “Flipping Vegas,” Medrano works with all types of real estate, and recently authored “Ultimate Guide to Buying and Selling Real Estate,” which will be released this summer and offers tips for first-time buyers and savvy investors. — Danielle Birkin
Justin Moore
Vice President / Assistant General Manager
Green Valley Ranch Resort
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Age: 37
he proof for Justin Moore’s talent and enthusiasm is clear: 12 promotions in 13 years since joining Station Casinos as a food server. As second in command of the resort, Moore oversees gaming amenities, including slots, table games, race and sports, poker, bingo and keno, as well as player development, security and food and beverage, which includes all of the resort’s casual and fine dining outlets, food court and room service. “I could point to several factors that
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have helped guide me in my career,” me with each promotion. In 2012, I Moore said. “The opportunity Station lost my father suddenly to a massive Casinos gives its team members is stroke. Even though he is gone he is incredible. If you are driven by suc- still guiding me along the way.” cess, goal-oriented and eager to learn Moore insists that his singular more, the sky is the limit. I have ben- goal never changes “no matter the efited from several mentors at Station time frame or year. I want to make Casinos and the training programs an impact with everything I do. This they offer. My motivation to succeed year I would like to see Green Valley is produced by the love I have for my Ranch duplicate the success we had family.” in 2014. My next step is to become a As he grew with Station Casinos, general manager with Station Casinos. Moore applied the qualities he learned Through personal growth and develfrom his parents. “‘I’m so proud of opment, I will get there someday.” you, son,’” is what they would tell — Howard Riell
3/12/15 10:07 AM
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2015
Angela Castro
Director of Government Affairs, Media and Marketing
Regional Transportation Commission of Southern Nevada ■ Age: 34
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eading into the 2015 Nevada Legislative session, Angela Castro is busy making sure the Regional Transportation Commission is in communication with legislators about the transportation and infrastructure needs of Southern Nevada. It’s just one of several hats Castro wears for the transportation agency. After working for the Southern Nevada Water Authority, the Las Vegas Monorail and MGM Resorts International, Castro became interested in transportation and its role in the growing Las Vegas community. So she joined the RTC in the media relations and government affairs department. The Guam native said one of the greatest misperceptions about the RTC comes up in the public transportation conversation. “Some people think of us as just buses,” she said. “I spend the majority of the time positioning the agency as more than public transportation. We’re involved with road infrastructure as well as transportation planning and funding.” Castro also had a hand in the passing of the RTC’s Fuel Revenue Indexing initiative passed by the Nevada state legislature and then by the Clark County Board of Commissioners. Over three years, the initiative will generate about $700 million for roadway and transportation projects and thousands of short and long-term jobs. “Transportation has such a critical role. It’s not sexy like the resort corridor, but it’s an essential component to economic development we tend to forget about,” she said. “People think of building hotels, schools … but the fact remains that if you can’t get access to them they won’t succeed.” Castro also volunteers at several local homeless shelters. She is a member of the Southwest Rotary and the Las Vegas Chamber of Commerce’s Leadership Las Vegas 2014 class. — Brian Sodoma
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Matthew Moore
VP of Business Development SR Construction; Co-Founder/Partner Edge Marketing, Shift
Hospitality, MTO Café
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Age: 33
atthew Moore’s business experience is diverse, to say the least: from active duty military and construction management to co-founder of and partner in several companies, and day-to-day management of a pair of MTO Cafes. “From a young age, I’ve always been instilled with a sense of determination and appreciation of time,” Moore said. “So many people wait until they’re older, or until they have more money, or a number of other factors. I continually try to maximize my time. I’ve always viewed it as our most precious resource. Secondly, I place a great deal of value on the relationships in my life. Whether it’s your spouse, your business partner or your teams, surround yourself with people who will elevate you.” Moore’s career in Las Vegas began in construction with MGM Resorts International as an owner’s representative. He oversaw multimillion dollar construction and renovation projects with brands such as Bellagio, The Mirage, New York-New York, Beau Rivage and Project CityCenter. In his current position, he is responsible for diversity management, business strategy, business development and marketing. Moore calls his mother and father his greatest influences. “My mother taught me about determination and work ethic, while my father instilled a true sense of loyalty and honesty in me. Both had truly authentic character, and I model everything I do after them.” The year ahead for Moore “is really about starting a family and continuing to grow my businesses,” he said, “to build long-lasting relationships with likeminded, like-hearted people and serve my country and community.” “Design, development and construction are really my true passions,” Moore said. “So whatever lies ahead of me beyond 2015, as long as I’m building and developing venues and experiences for future generations to enjoy, I’m happy.” — Howard Riell
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Anna Catlett Marketing Director
Southwest Medical Associates
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Age: 39
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nna Catlett enjoyed a big advertising/marketing agency gig for about 15 years. In her vice president role for Nevada media and marketing giant R&R Partners, she oversaw more than 70 employees, pitched and found new business and helped manage large accounts. But last year the marketing and public relations pro made the switch to valley health care provider Southwest Medical Associates. The idea of taking her skills to the health care arena was fostered, in part, by her experience in the Leadership Las Vegas program. Involvement in the chamber program helped nurture a desire to give back to the community. She had worked with health care clients in the past and was intrigued by the idea of focusing solely on the marketing efforts for one of them. “I’ve always been the type of person that constantly pushes herself. That big idea and the work definitely drives me,” she said. “It’s an inner drive to succeed and learn more and to make a difference. … That Leadership (Las Vegas) experience really opened my eyes to the community.” The mother of two is also a Girl Scout troop leader and supports the Senior Spaniel Rescue Inc (SSRI) in Southern Nevada. Raised in a rural area of Northern California, Catlett grew up around animals and open land. Today, through her work with the rescue, she fosters animals — including dogs, pigs, donkeys and cats — and has also helped to organize the group’s Find Your Furry Valentine event. The effort allows local rescues to work together to adopt animals and raise funds for their organizations. “Fostering is a big passion for me and it’s something my kids enjoy as well,” she said. — Brian Sodoma
3/12/15 10:08 AM
2015
8A
Brandon Wiegand
Executive Vice President of Acquisitions and Sales
Focus Commercial Group
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Age: 31
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randon Wiegand grew up in “I saw the market turn and crash and the city’s urban core and spent felt there was a good opportunity to get plenty of time working along- in,” he said. “My mentality is that you side his father at his downtown Valley can’t fall off the floor. If you can get in Van Works business. The experiences at or close to the bottom, you can ride shaped the work ethic of a successful out whatever challenges and catch the sales professional. next wave up.” At workforce uniform provider CinIn less than five years, Wiegand protas, Wiegand rose to No. 2 in sales in the duced nearly $18 million in sales. He sold country. At Canon Business Solutions he about five city blocks-worth of land and was No. 1 in sales for its Mountain West 130,000 square feet of building space. Region for two consecutive years. But at Tony Hsieh’s investment in downtown the height of the Great Recession, in 2010, was a major help, he admits. Wiegand left a six-figure salary and dove “I’d rather be lucky than skilled any into commercial real estate, more specifi- day of the week,” he said. “It wasn’t cally downtown commercial real estate. gangbusters, but there was enough
(sales activity) to survive and make a good living.” In addition to other community projects, Wiegand was part of the Strong Cities Strong Communities (SC2) effort, an international competition involving a multi-disciplinary team that developed the “Build a Vibrant Las Vegas” proposal. The team created a viable concept for a UAS (Unmanned Aerial System) resource center at Cashman Center. “This is the one truly authentic area of town and it’s a part of the city that is near and dear to my heart. I want to help craft and shape its direction,” he said. — Brian Sodoma
Georgeann Pizzi
Vice President
Mass Media
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Age: 34
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hen Georgeann Pizzi joined MassMedia as an account executive in 2009, the firm was a boutique public relations agency with a focus on commercial real estate, and had just eight employees. Since then, MassMedia has blossomed into a multi-million-dollar integrated marketing company with a diverse client roster and a staff of more than 30, thanks in part to Pizzi’s contributions. For starters, in 2012 alone, Pizzi secured more than $390,000 in new revenue, attracting a number of high-profile clients. Promoted to vice president
in 2013, she now heads up the account services department — overseeing a staff of 10 — and serves on the senior management team. She works with clients such as Southwest Gas and the local owneroperators of McDonald’s, and serves as the senior strategist for the McDonald’s Greater Las Vegas Operators Association account. Pizzi — a native of the Washington, D.C., area who holds a degree in business marketing from UNR — moved to Southern Nevada nine years ago. She volunteers with the Ronald McDonald House Charities of Greater
Las Vegas and helps to shape MassMedia’s community outreach efforts. Pizzi’s success in new-business development also affected MassMedia’s bottom line: From 2009 to 2014, the company’s annual revenue doubled to $6.4 million — with last year being its best ever — and 10 percent growth expected in 2015. Cognizant of new trends in the marketing field, Pizzi was also part of the team that formed the company’s new digital department last year. — Danielle Birkin
Lawrence Barnard
President/CEO
St. Rose Dominican - San Martin Campus
W Leadership can be summed up in one simple rule: If you are the highest ranking leader in the room, you eat last.
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hat has driven Lawrence Barnard to the heights of success at so young an age has been, he said, “a combination of many things. I started with a plan and an ultimate goal. I wanted to make sure I had the right experiences and tools to meet each part of that plan. I surrounded myself with positive and supportive people, and with some good timing and blind luck I’ve gotten to where I am now.” Guiding him along the way has also been a determination to lead others to achieve their own successes. “I really
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Age: 35
believe in leadership over management. It is a very important distinction in business and life, and can make the difference between continued success and stagnation.” Barnard credits his time in the military with having taught him a great deal. “Leadership can be summed up in one simple rule: If you are the highest ranking leader in the room, you eat last. If by chance you run out of food, it puts the needs of your people ahead of your own.” Starting in a new position — his move to president/CEO is a recent
one — creates its own challenges, Barnard said. “I really want to make this hospital the hospital of choice for the community, and continue to deliver the stellar care that the staff and physicians provide on a daily basis. Going forward, I would like to help shape the future of Las Vegas, whether it be through my position in health care or through a more philanthropic route. Las Vegas is our home and we have to actively continue to make it a better place for ourselves and our children.” — Howard Riell
3/12/15 10:08 AM
2015
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Justin Schmiedel Administrative Director
Cleveland Clinic Nevada
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Age: 28
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fter earning both a B.A. in political sci- to maximize productivity that has driven a 15 ence and an MBA in health care man- percent growth in new-patient volume. agement from Union College in New “Access is an issue for us because we have York, Justin Schmiedel was selected for a such high demand, so we took a look at our competitive project-based fellowship in 2010 operational model and are working smarter, at the Cleveland Clinic main campus, then not harder,” said Schmiedel, who was raised in stayed on board as the administrator to the Staten Island and serves on the board of Makedepartment of general surgery, overseeing A-Wish of Southern Nevada, is chairman of its clinical operations and practice-development medical outreach committee, and sits on the activities. Las Vegas Medical District advisory council. Schmiedel relocated to Southern Nevada Schmiedel also spearheaded an overhaul of in 2013 to assume his current post at the Ne- the physical therapy program that added ocvada outlet of the world-renowned facility, cupational therapy to the mix and resulted in and is among the youngest hospital admin- a 20 percent increase in PT volume, and also istrative directors in the country, oversee- oversees the clinic’s local urology practice, ing budget development and management; which is among the top-rated in the nation. facilities; marketing; fund development; and This year, in order to accommodate future exploration of future business opportunities. growth, Schmiedel is overseeing the relocation Following a recent assessment of op- of 25 administrative staff to the World Market, erational processes, Schmiedel increased which will free up space for additional research efficiencies related to patient check-in and and allow for the hiring of new physicians. check-out, and also spearheaded an effort — Danielle Birkin
Stanford doctors. Performing in Las Vegas. World-renowned health care shouldn’t feel like it’s worlds away. That’s why we’ve brought Stanford physicians to you. At Dignity Health St. Rose–Stanford Clinics, we have southern Nevada–based Stanford clinical faculty practicing in neurosurgery and cardiothoracic surgery. Learn more at strosehospitals.org/stanford.
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3/12/15 10:08 AM
2015
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Olya Banchik, DDS
Jake Joyce
Smiles for Survivors Foundation; Principal Hillcrest Dental ■ Age: 37
Palms Casino Marketing
Founder/Executive Director
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r. Olya Banchik takes her commitment to healing — one that extends beyond the dayto-day of her dental practice, Hillcrest Dental — quite seriously. Banchik is the founder of Smiles for Survivors Foundation, a Las Vegas-based nonprofit that is the first in the nation to work with dental professionals to establish regional networks that provide dental care to financially challenged breast cancer patients and survivors in order to restore their oral health. To date, SFS has established dental networks that provide pro bono treatment for patients in Las Vegas, Seattle, Phoenix and Reno. It also works to create an open line of communication between oncologists, dentists and patients. “I have been truly blessed with an amazing, hardworking family, an incredible husband and a network of wonderful people who inspire me to be better, stronger and wiser,” Banchik said. “I have big dreams, and work very hard to make these dreams into reality.” Banchik says she believes in taking chances and having faith in one’s abilities. “I believe that knowing yourself, defining your dreams, and taking the steps to make your vision a reality while giving back to those that need help will keep you focused and determined, yet grounded and grateful, and ready for the opportunities that may come your way. Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do.” Her greatest hope for 2015 and beyond, she confides, “would be find more dental providers Las Vegas as well as in other parts of our country that would be willing to join Smiles for Survivors and help breast cancer patients get their smiles back.” — Howard Riell
Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do.
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Polly Weinstein
Vice President
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Age: 32
ucson native Jake Joyce moved to Southern Nevada in 2004, the day after he graduated from the University of Arizona with a degree in business economics. He immediately launched his career as corporate database manager at Herbst Gaming, spent nearly 4 1/2 years as senior manager with Applied Analysis, then joined the Palms in 2012 to lead its corporate analysis and strategy, working closely with senior leaders and the board of directors. While Joyce was skilled in crunching numbers, his experience in the fields of casino operations, marketing, and information technology — coupled with his proven ability to improve bottom-line performance — propelled his promotion to his current position as vice president of casino marketing last spring. He attributes his success with Palms in large part to his role in strategic right-sizing, as well as targeted marketing and promotions that allowed the property to adapt and respond to customer demands. Recognizing the increase in ethnic populations in Southern Nevada, Joyce was also instrumental in the property’s push to target more diverse markets, an outreach that will include a Spanish-language commercial. His efforts have paid off. “The Palms is a locals-oriented property, and in the last 12 months we’ve achieved almost double-digit growth in our bottom line in slot revenue,” said Joyce, who is a founding member of Young Philanthropists Society, and has served in leadership roles with Toastmasters International. “The local market has been declining or flat, and it just increased for the first time in years up only 1 percent, so we not only gained significant growth, but also outpaced the local market.” — Danielle Birkin
Tower of Jewels
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Age: 28
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olly Weinstein has been described as a mover and shaker, always looking to make an impact on her business and her community. Having successfully made a name for herself with her own line of jewelry, The Jeweler’s Daughter, she now is leading all marketing efforts for Tower of Jewels. The philosophy that guides her professionally, Weinstein explains, is “pretty simple. Work hard, stay focused and organized, analyze data but also trust your gut.” “I was lucky to be born into my parents’ powerful legacy,” she said. “They modeled a superior work ethic for me all of my life. They provided me with a solid education, incredible connections and encouraged my Type A personality from a young age. Following through on my obsessions has always led me to dynamic and successful projects.” Specifically, Weinstein said, she has been greatly influenced by her father Jack, whom, she says, “embodies the perfect combination of strength and compassion, integrity and talent. I’ve also been influenced by the dynamic and powerful women I was raised around: Carolyn Goodman, Sandy Peltyn, Marla Letizia, Karen Cashman, and Terri Monsour, to name a few. Each of these women taught me how to ‘lean in’ long before Sheryl Sandberg coined the term.” Beyond Tower of Jewels, Weinstein lends her time to the Jewish Federation of Las Vegas, Spread the Word Nevada, Señoras of Excellence and Señores of Distinction and the United Way, and sits on the board of the Las Vegas Arts Commission. In 2015, Weinstein and her father are working on passing the Tower of Jewels baton fully to her brothers and herself. “I am tasked with bringing the next generation of customers into our store and giving them the same kind of exceptional experience my dad has shown customers for 50 years.” — Howard Riell
3/12/15 10:08 AM
2015
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Maria Jose Gatti
Chad Brown
Executive Director, Philanthropy and Community Engagement
Vice President of Marketing & Advertising
Luxor and Excalibur ■ Age: 38
MGM Resorts International ■ Age: 39
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aria Gatti spoke no English when she enrolled at Clark High School after her family emigrated from Ecuador in 1989, but given the drive and ambition that have guided her, it’s no wonder she graduated with honors and went on to achieve career success. Gatti — who holds a B.B.A. from the University of Phoenix — began work as an executive assistant with the Culinary Union and also served as director of programs for the Culinary Academy of Las Vegas. In 2008, she was recruited to be the director of guest experience at Luxor and Excalibur, then went on to become director of national diversity relations at MGM Resorts International. She was promoted to her current title in mid-2014, and is now responsible for leading the operations and programs related to three functional areas of MGM Resorts’ Community Engagement Initiative, including the Corporate Giving Program, employee volunteerism, and The MGM Resorts Foundation, which sponsors the annual Women’s Leadership Conference, with Gatti serving as director for the past three years. “It takes an army to put the conference together, but we’ve grown from 200 attendees when we started eight years ago, to nearly 1,000 last year,” said Gatti, who is on the board of the Latin Chamber of Commerce and is a member of the College of Southern Nevada’s institutional advisory council. — Danielle Birkin
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had Brown has spent the better part of the last three decades in Southern Nevada, watching the explosive growth of the Strip and Las Vegas Valley as well. He dabbled in graphic design in the ’90s and did a three-year stint in the Army before settling into the marketing field full time in 2001 with a gaming manufacturer. Always trying to penetrate the casino world to find business for his employer, Brown became curious about working for the local resorts. He eventually followed that curiosity to MGM Resorts about 10 years ago and has been steadily climbing the ranks. After working on marketing teams at the Bellagio, then as an executive director at Mandalay Bay, Brown recently climbed to a vice president position where he oversees marketing and advertising for two properties — Excalibur and Luxor. He says technology’s effect on the marketing world has made for a fun and exciting career that forever keeps him learning new things. “It’s really a balance of creativity and analytics. … Every day is different. … It keeps things fresh and you’re never doing the same thing over and over again,” he said. In addition, Brown helped found MGM’s Boots to Business program, where he serves as a leader and mentor to veterans transitioning into civilian careers. He is also a board member for the Royal Purple Las Vegas Bowl. — Brian Sodoma
C ngrats.
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We are so proud of our very own Georgeann Pizzi for being named one of Southern Nevada’s 40 Under 40 for 2015! Working alongside you is an honor and a privilege for our entire team.
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Here’s to you, Georgeann.
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‹ GEORGE AN N PIZ ZI MassMedia Vice President
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3/12/15 10:08 AM
2015
12A
Stacy Hamilton Director of Public Relations
MGM Resorts International
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Age: 39
S I think everyone at the table, no matter their level of experience or title, has a perspective worth considering.
tacy Hamilton is a passionate ambassador for Las Vegas — she sees it as a dynamic travel destination as well as a strong community for those who make it their home. Involved in all aspects of MGM Resorts Communications during her four years with the company, Hamilton oversaw the strategy and execution behind the successful introduction of Delano Las Vegas to the market. “I attribute my success to always looking forward with passion and a positive attitude,” she said. “Every career move I’ve made has been a risk, and with each
decision I’ve never wondered, ‘What if?’ When it comes to a source of inspiI’ve always viewed my current surround- ration, she said, “Every working mother ings as a great opportunity to learn and juggling children and career is an inspigrow. I only ask ‘What if?’ as it relates to ration to me. As equitable as the workwhat is possible in the future.” place has become, women and mothers A philosophy that guides her every are held to a different set of expectations day is to remain open-minded, Hamilton – sometimes realistic, sometimes not. said. “It’s something I’ve always believed “I hope to continue leading my team in, but I understand the importance of to individual and group success. I believe it now more than ever, working within motivated, productive employees come as a forward-thinking company amongst a result of solid leadership. I want to cona team of smart, creative professionals. tinue guiding my team through the many I think everyone at the table, no matter exciting developments within our compatheir level of experience or title, has a ny and within our dynamic industry.” perspective worth considering.” — Howard Riell
Anthony McTaggart COO, Program Designer and Director
Andson Inc.
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Age: 31
A Las Vegas is a place where you can really move the needle. You can really make a difference in this town.
nthony McTaggart learned a lot about personal finance at a young age. With a mother in the credit counseling business, he didn’t have to look for to see that there were plenty of others who didn’t have his knowledge on the subject. So today, he is investing his time and money into making sure future generations have the skills to make sound financial decisions. McTaggart, who has an MBA and also worked as a financial advisor for Morgan Stanley, founded Andson Inc., a nonprofit dedicated to helping children understand financial literacy, in 2010.
Andson’s roots can be tied to afterschool academic and financial literacy tutoring at valley Boys and Girls Club programs. From there, word spread to local teachers and principals who were interested in the service. “What we realized, living here, was it was kind of a great place in a sense that it embodies a lot of the American Dream. There were jobs and you could make a good living without a lot of education. … But what we saw was not a lot of financial stability for families,” he said. Today, the program oversees 11 financial literacy centers and 22 after-school
academic assistance offerings. Student enrollment has climbed from just 250 students to nearly 10,000 in five years. McTaggart admits to an entrepreneurial streak, and he also grew up seeing his mother support nonprofits. His desire to build something of his own is part of what drives him, but creating a financial literacy cultural shift in Las Vegas is a bigger factor. “Las Vegas is a place where you can really move the needle. You can really make a difference in this town,” he said. “I feel like I’m creating a measurable impact on the lives of kids here.” — Brian Sodoma
shared their desire to travel with me, and encouraged me to choose a career that I absolutely love. All of their support through the years has given me the motivation to continue to learn more, take risks and be open to opportunities.” One of the life’s lessons that has helped to guide her career, according to Peterson, is to always surround yourself with positive people. “These are the people who will challenge you, motivate you and inspire you to reach higher and to achieve your goals.” Over the course of the next several months, Peterson is looking forward
to creating innovative ways to drive new guests to her casino/hotel. “I want to gain more national exposure for our brand and bring more production companies to film inside our lodge.” One of her personal goals is to qualify for the Boston Marathon. “I’ve had some recent setbacks and injuries,” she said, “but I can’t wait to get back to running and training for upcoming races. I’ve also designed a line of jewelry for runners that I look forward to launching online.” — Howard Riell
Kimiko Peterson
Director of Advertising/PR/Social Media
Silverton Casino
T Life is much better when you’re laughing.
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Age: 40
he key to the kind of quick success that Kimiko Peterson has enjoyed has been “forming professional relationships and my name,” she said. “As a native of Las Vegas, I loved networking and meeting new people in the city where I grew up. With my unique name and outgoing personality, it made it a lot easier for people to remember me: How many Kimikos do you know?” Peterson credits her parents with having been the major influence in her life by showing her that “life is much better when you’re laughing. They also
3/12/15 10:08 AM
2015
13A
Dorian Stonebarger
Program Manager
Three Square Food Bank
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Age: 33
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orian Stonebarger joined Three Square Food bank in 2010 as a volunteer. At the time, she had a career as an aesthetician and was studying nutrition in college. She always saw herself eventually landing in a field anchored by the subject of nutrition. Now it’s easy to see how Three Square is more of a calling than a job for her. Today, as program manager, she oversees a $2.9 million budget and the organization’s four major initiatives: BackPacks for Kids (which provide weekend meals to children reliant on public school free and reduced lunch programs), Summer Food Services, Senior Share and the food bank’s school nutrition education program. “I really wanted to be involved in an organization like this. I definitely wanted to be on the food advocacy side,” she said. “This is an amazing place that allows me to
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be as creative as I need to be to work with a lot of individuals and amazing community partners.” Stonebarger also works tirelessly to promote higher nutritional standards in schools and in the Three Square program itself. In 2010, she spoke before the Nevada Legislature on the importance of breakfast and nutrition in childhood and the effects on learning. The move helped bring more attention to breakfast offerings in schools. Under her watch, Three Square also created its first mobile site in 2014. Stonebarger hopes to add more this year. She is also looking for ways to better reach more children and seniors in the hot summer months. “I plan to be at Three Square for a very long time. There’s a lot more I’d like to do. There’s a lot more that needs to get done,” she said. -Brian Sodoma
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3/12/15 10:09 AM
2015
14A
Alex Cordova
Joanna DiNatale
Hakkasan Group ■ Age: 36
iHeartMedia ■ Age: 30
Executive Vice President of Marketing
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ith more than 13 years of experience, Alex Cordova continues to set the bar for the world’s evolving entertainment and nightlife business. Cordova is responsible for developing marketing and communications strategies for Hakkasan Group’s portfolio, which boasts several of the most profitable venues in the world. With a particular focus on overseeing marketing, promotions, events and VIP services, he has helped to define the fine-dining and nightlife hotspot Hakkasan Las Vegas Restaurant and Nightclub to new heights since its opening in April 2013. “My parents and grandparents worked day and night to provide for their families,” he said. “They stressed the importance of doing a good job at whatever one took on and the value of hard work. These are lessons that I internalized from a young age and applied to every job I have held.” In addition, Cordova points to his natural tendency toward persistence, determination, and a dedication to pursuing my dreams. “Some would say it’s stubbornness that enabled me to achieve success at an early age.” Cordova frames the future in the same way he does the present. “I’m always thinking bigger picture, so in the long term I look forward to Hakkasan Group becoming the largest hospitality company in the world.” In the past two years, he notes, the company has grown “exponentially. We’ve expanded to the largest nongaming hospitality company in Las Vegas. With 12 more global projects on the horizon this year and our first hotel project opening in Dubai next year, I feel fortunate to be part of this growing company.” — Howard Riell
My parents and grandparents worked day and night to provide for their families. They stressed the importance of doing a good job and the value of hard work.
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Director of Marketing and Public Relations
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dynamic marketing professional with a decade of communications experience, Joanna DiNatale brings a passion for philanthropy to iHeartMedia (formerly Clear Channel Communications), which she joined in 2012 in her current capacity. A Chicago native who holds a bachelor of the arts in communications and digital media from Carthage College, DiNatale relocated to Southern Nevada in 2009 as senior marketing coordinator with MetroPCS. She also has experience in both public relations and radio, which serves her well at iHeartMedia, where she heads all the marketing, public relations, promotions, community-service outreach and special events for the company’s three local radio stations: 95.5 The Bull, Sunny 106.5 and My 93.1. “I’m very lucky in the sense that I have three radio stations that reach different audiences, and I am able to utilize the airwaves of our three brands to bring exposure to a variety of charities,” said DiNatale, who has a spring fundraiser in the works for the Shade Tree, among other projects. Last year, DiNatale was instrumental in bringing the national fundraising radioathon Country Cares for St. Judes Kids to The Bull, raising close to $90,000 for the organization. This year’s efforts exceeded that figure, bringing in more than $100,000. iHeartMedia and The Bull also partnered with the nonprofit Goodie Two Shoes for the first-ever Redneck Games. DiNatale was also selected to be a production manager for the iHeartRadio Music Festival two years in a row, overseeing the Village, the outdoor concert potion of the event that featured up-and-coming artists, while the main stage showcased established performers such as Taylor Swift, Coldplay and Mötley Crüe. An animal lover, DiNatale volunteers with the Animal Foundation, and is also a member of Junior League. — Danielle Birkin
David Russo
Director of Arena Operations
South Point Arena & Equestrian Center ■ Age: 29
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fter completing a bachelor’s in fine arts degree in technical direction and stage management from the University of Connecticut, David Russo had his eyes on Broadway. But when a position opened up at the Mohegan Sun Arena, part of the casino-resort of the same name, Russo found his niche in arena management and operations. At the Mohegan Sun, he helped oversee set up and tear down efforts for large concerts and events. In Las Vegas, he spent several years with the Orleans Arena before arriving at the South Point in 2011. The South Point hosts some of the largest equestrian and Western lifestyle events in the city, including the Arabian Breeders World Cup, the Cowboy Mounted Shooting Association’s Western U.S. Championship and the Indian National Finals Rodeo. With the addition of its Priefert Pavilion, the South Point now has 100,000 more square feet (240,000 total) to host equestrian events. “The people we come across in the Western lifestyle world are real salt-of-the-earth people to be around. … It’s refreshing to deal with good people like that,” he said. Russo also likes the longer, five- to eight-day events the niche tends to attract as opposed to one-night arena shows. “We put a lot of effort into setting up a show. … It’s about promoting it and perfecting it as opposed to slamming something in and out in one day,” he added. Russo’s community work involves coaching youth soccer for the National Youth Sports Nevada program. He is also an active member of the Southern Nevada Sports Hall of Fame, which helps to create higher education opportunities through sports for disadvantaged youth. — Brian Sodoma
3/12/15 10:09 AM
p . e t t y, e n s
2015
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Riley Troy
15A
Erin Kinard
Instructor Pilot
Area Director
Maverick Helicopters ■ Age: 30
WestCare Nevada Inc ■ Age: 34
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ith one of the best aviation safety records in the world, Maverick Helicopters counts on leaders like Riley Troy to help maintain its premier industry status. As an instructor pilot, Troy’s daily tasks include training newly hired pilots and keeping up with recurrent training for the existing group of more than 60 pilots. His comprehensive training sessions go over an array of items to ensure safety and consistency for all flights. Training includes pre-flight inspection of the aircraft, consulting weather forecasts, working with McCarran International Airport’s air traffic control, his company’s flight routes and operating procedures and more. “I feel extremely fortunate to have started flying at an early age,” said Troy. “The aviation industry is like any other: you have to work your way up to the job you ultimately want. Typically, the earlier you start the easier it will be to find that job.” “My career has been very diverse, from flying offshore to support the oil and gas industry to flying private for companies in the Caribbean Islands. Those experiences have helped shape the type of pilot and person I am.” Maverick Helicopters, Troy said, is “an exceptional and unique business model. Working for a company that is growing as fast as we are is very exciting. As part of the flight instruction team, it is my goal to find new ways to maintain Maverick’s level of safety and service as we grow.” — Howard Riell
E
rin Kinard had sights on law school after completing a criminal justice degree from Western New Mexico University. But when she took on a short-term administrative position in a mental health treatment facility those plans changed. Now, with more than a decade in the mental health field, the valley native is a licensed clinical alcohol and drug counselor, national certified counselor and a supervisor of substance abuse counselor interns. In 2012, she became director of the Community Triage Center, a 50-bed facility that offers crisis intervention services for those with acute mental health disorders and/or dealing with intoxication from drugs and alcohol. Kinard engineered a turnaround for the CTC, which was in jeopardy of losing funding, by elevating the level of care and professional standards while providing community stakeholders with the results and data they sought from the facility. “I’m here because I’m supposed to be here. This is my path. I’m very blessed,” she said. At WestCare, she has also helped to establish a Mobile Outreach Safety Team (MOST), which follows up on referrals from the Las Vegas Metro Police Department. In addition, she spearheaded MOHR (Medical Outreach Homeless Recovery), a unit that involves three agencies to help homeless patients near St. Rose Hospital in Henderson. “I see a system that I don’t want to say is broken but it can be improved,” she said. “Improving the system and making it better and being a change agent drives me.” — Brian Sodoma
THE ENTIRE SR CONSTRUCTION TEAM IS PROUD TO CONGRATULATE
M AT T M O O R E ON EARNING THE
40 UNDER 40 AWARD!
e t
e e IN ORDER TO BE SUCCESSFUL, YOU NEED TO BE DRIVEN.
y o
CONGRATULATIONS
w. e
Angela Castro on being chosen to join the 40 under 40 roster from among a dignified and impressive list of fellow nominees.
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CONGRATULATIONS ANGELA AND ALL THE OTHER NOMINEES FOR DRIVING SOUTHERN NEVADA FORWARD. KEEP UP THE GOOD WORK.
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3/12/15 10:09 AM
2015
16A
Ronn Nicolli
Executive Director of Marketing
Wynn Nightlife
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Age: 36
R Every year, month, day, hour and second I look for ways to grow and evolve as a person and a business professional.
onn Nicolli says he has been lowed me to learn and grow. Every year, “very blessed” when it comes month, day, hour and second I look for to his professional progression, ways to grow and evolve as a person and that he owes a lot to the people and a business professional.” around him who have helped shape Looking ahead, said Nicolli, “I want his career. to continue my career with Wynn “I’m thankful for what I have accom- Nightlife and XS and find new and explished, but I still feel I’m evolving and citing ways to grow our brand into a that I haven’t reached my full potential global enterprise. Being in business professionally,” he said. “In life and in with XS for over six years, and each business, it sometimes has a lot to do year to continue to watch the attenwith being in the right place at the right dance and events grow and grow? time. There have been key events in my That alone makes me excited to see life that placed me in the path of well- what the next 10 years have in store. respected people in business, which al- We have eclipsed the standard shelf
life of most nightclubs, and we are now mentioned in the conversation with long-standing, iconic European venues and club destinations from across the globe.” Individually, Nicolli hopes to continue to grow “as a person, as well as professionally. I want to travel more, and spend more time envisioning ideas and concepts that I hope will inspire those around me, so one day I can be mentioned in the next 40 Under 40 as a personal mentor and a professional inspiration.” — Howard Riell
Jacob Lanning Vice President
IGT Global Project Management
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outhern Oregon native Jacob Lanning joined IGT (International Game Technology) in January 2013 as director of product management, and quickly ascended the ranks to director of project management — gaming operations, poker, platforms, to assume his current post as vice president of global project management last fall. Lanning oversees myriad slot products within the company’s global portfolio, including the popular slot theme “Wheel of Fortune,” which boasts more than 200 titles around the world. Overseeing a department of more than 50 employees, Lanning leads IGT’s
Age: 36
video poker product portfolio — where IGT trumps competitors by owning more than 90 percent market share in video poker space — and also manages the production of slots such as Megabucks, Powerbucks and James Cameron’s Avatar. Lanning — who moved to Southern Nevada 17 years ago and got his undergraduate degree as well as his MBA from UNLV — also championed the accelerated production of two new games, The Ellen DeGeneres Show Video Slots Featuring 12 Days of Giveaways and The Ellen DeGeneres Show Video Slots Featuring Ellen’s Dance Party, which launched last year. Whereas it typically takes six
to 18 months to develop a single game, Lanning and his team developed a duo of unique yet similar slots in six months. “The games have been featured on six or seven episodes of ‘The Ellen DeGeneres Show,’ with the potential for more opportunities for Ellen to speak about the project,” said Lanning, who supports Go Red For Women, and previously held senior positions at local properties including the Cosmopolitan, Bellagio and CityCenter. “There are a lot of interesting challenges in developing products for gaming, but the advanced-technology deployment has always excited me.” — Danielle Birkin
also offers free SAT prep classes to lowincome students through 2400 Expert. “My secret to success is hardly a secret — it is hard work,” Patel said. “There have been three periods in my life that I have worked exceptionally hard. First, I spent countless hours in high school studying for the SAT, which resulted in a 640-point score improvement from a 1760 to a perfect 2400. This first case of hard work led to many successes, including acceptances into prestigious universities, a quarter-million dollars in scholarships, and even the chance to meet the president of the United States.”
Next, Patel said, he spent hundreds of hours in college writing an SAT prep book. And finally, he devoted thousands of hours studying the pathophysiology of disease in medical school. “Although I have not applied to residency yet, I hope that my hard work in medical school will lead to successful placement in a highachieving residency program.” “We are currently developing new curriculum for the new SAT in 2016. As the largest test preparation provider in Nevada, we hope to next scale globally both online and in-person courses.” — Howard Riell
Shaan Patel President/Founder
2400 Expert SAT Prep
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My secret to success is hardly a secret — it is hard work.
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Age: 25
ith no funding or entrepreneurial experience, Shaan Patel created what has grown into the largest provider of SAT prep in Nevada. He did it by envisioning a method of achieving a perfect-score SAT student, developing an effective curriculum, establishing partnerships and hiring skilled staff. Patel negotiated a partnership between two of the world’s largest testprep providers, McGraw-Hill & Veritas Prep, to publish his SAT content online. The result: more than 50,000 copies of his bestselling SAT book sold and more than $3 million in annual revenue. He
3/12/15 10:09 AM
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2015
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17A
Cory Burgess Director of Marketing
The Gay and Lesbian Community Center of Southern Nevada
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Age: 39
C
ory Burgess began working as a to always work harder to spread the word freelance graphic designer for The that The Center is here and that we can Gay and Lesbian Community Center help,” he said. of Southern Nevada in 2007. But through Through the years, Burgess has redethe years, his creative efforts became cru- signed The Center’s website twice to make cial for helping to re-brand and promote it more visually appealing and interactive. the local nonprofit human rights agency. The self-taught designer also creates all Burgess was working as a creative di- the nonprofit’s promotional marketing marector and editor at a local LGBTQ publica- terials for events, social media campaigns tion when he signed on to help The Center and other efforts. years ago. The agency eventually created a Trained in the magazine and newspaper full-time position for him and he has worn industry, Burgess says he wouldn’t mind several hats while working there. After getting back into the magazine publishing moving into its new building a few years world again in the future. It would have to ago, he took on the role of facilities man- be an endeavor that supports the LGBTQ ager to better understand the new site’s in- community and/or the nonprofit world, he frastructure. He was then promoted to his says. current marketing manager role in 2013. “I love that world (magazine publishing). “I see my coworkers every day chang- Either way I still see myself continuing to ing lives and sometimes saving lives in our do creative work,” he added. LGBTQ community, and it encourages me — Brian Sodoma
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CONGRATULATES
Joanna DiNatale DIRECTOR OF MARKETING & PUBLIC RELATIONS
for being named as one of the 2015
40 UNDER 40!
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3/12/15 10:09 AM
2015
18A
Danielle Bisterfeldt
Jeremy Gregersen
The Howard Hughes Corp. ■ Age: 35
Meadows School ■ Age: 38
Provident Trust Group ■ Age: 36
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Director of Marketing for Summerlin
anielle Bisterfeldt has helped promote and market several of the city’s best-known shopping destinations. The Southern California transplant has a 10-year run in the local shopping mall promotions arena with some serious credibility under her belt. Bisterfeldt once managed the entertainment department for the Fashion Show Mall where she facilitated more than 1,000 runway shows and 65 special events in two years. She also generated more than $10 million in measurable PR coverage for a single event at the destination. She was also the marketing manager for The Shoppes at The Palazzo and The Grand Canal Shoppes at the Venetian where she streamlined the accounting process to reduce expenses by 15 percent. But Bisterfeldt is now more interested in helping those who want to make Las Vegas their home. As the director of marketing for Summerlin, she supports the marketing efforts of the nine homebuilders with developments in the popular Howard Hughes masterplanned development. Her efforts help to drive traffic to showrooms and model homes throughout Summerlin. And the marketing pro says it’s a welcome change from the shopping center industry. “You’re involved with creating someone’s home. It’s something important to them and their livelihood,” she said. “There’s that emotional tie to home and lifestyle and it’s fun to learn the homebuilders’ stories too. … I’m enjoying working for something locally driven versus tourism driven. Summerlin is directly driven by the people who live here.” When it comes to community involvement, Bisterfeldt is also an active participant in the Vegas Young Professionals organization; was a past chairwoman for the MS Walk and MS Bike events for the National Multiple Sclerosis Society in Southern Nevada, and is an active supporter of the Junior League of Las Vegas, Make-A-Wish and the Leukemia & Lymphoma Society. — Brian Sodoma
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Head of School
ith an allegiance to education spanning 15 years, Jeremey Gregersen joined the faculty of the Meadows School as an English teacher in 2005. Rapidly recognized as an up-andcomer, Gregersen — who holds an master of fine arts in creative writing from the University of Michigan, a masters in English from the University of Oregon, and a bachelor’s degree in English from the University of Utah — was offered numerous administrative promotions, which he consistently declined due to his commitment to the classroom. But hoping to make a difference at the executive level, he caved in 2010, when he was named dean of studies of the upper school; moved on to become middle school director in 2011; and was appointed to his current position as head of school last year. While at the middle school, Gregersen sought to foster a balanced environment of learning and personal growth by implementing a limitation on homework, focusing on quality over quantity, while still maintaining the rigorous academic standards of the prestigious school. “We don’t want homework loads to impact the quality of life for our students,” said Gregersen, who is among the youngest individuals in the nation to hold his title. “We want to support our kids, not grind them into a fine powder.” This year, Gregersen will continue to focus his efforts on expanding scholarship offerings: Between 10 and 15 percent of students at the Meadows School receive some sort of financial aid, with more than $7 million awarded in scholarships in the last five years. — Danielle Birkin
We want to support our kids, not grind them into a fine powder.
Theresa Fette Chief Executive Officer
ou might think a CEO who wears flip-flops on the days without meetings might not be serious about her job. You would be wrong. Theresa Fette is an innovative CEO whose top priority is ensuring Provident Trust Group, an investment company, has a top-flight corporate culture. For example, she implemented an open-door policy to make employees feel more welcome in offering suggestions. The office dynamic differs from most companies’ in that the top executives work in the same space. She shares an office with the president, chief strategy officer and their executive assistant, but often walks around the office to say hello to each department. “I believe that everyone controls their own path in life,” said Fette. “Every day and every thing is a choice. Those choices will ultimately guide the direction that your life will take. You can help to change that path by making better or different choices, but at the end of the day the choice is yours to make — and more importantly, the action is there for you and you alone to do.” Her core values: find the yes, create a better way, keep it simple, learn and adapt, and attitude of gratitude. In 2015, Fette says, she and her colleagues “want to change the way that people invest, and look at alternatives in general. This year you will see us revolutionize the process in which you invest in alternative assets and become the standard upon which all others will be based.” “I hope everyday that I make a lasting impact on the people that we service and the employees that have entrusted me with their livelihoods. My goal is that everyone who passes through Provident’s doors is better for it.” — Howard Riell
3/12/15 10:09 AM
2015
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Brad Seidel
Jaimesen Mapes
Kirvin Doak Communications ■ Age: 30
Town Square Las Vegas ■ Age: 33
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Account Director
rad Seidel had never set foot in Las Vegas until his job interview at Kirvin Doak Communications almost a decade ago. Baltimore born and raised, Seidel worked in Pennsylvania after college then answered the online Kirvin Doak ad. The move to Las Vegas was never part of his lifelong plans, but he now sees Southern Nevada as a longterm home. Today, as account director, Seidel and his team produce public relations campaigns for Cosmopolitan of Las Vegas, Miracle Mile Shops at Planet Hollywood, Union Village and HELP of Southern Nevada, among many others. “I like that you don’t get stuck in one area,” he said about his diverse client list. “It’s about taking each client and coming up with a strategic plan according to their goals and executing on that plan.” One client, Miracle Mile, has grown to nearly 23,000 followers on Twitter and 20,000 “likes” on Facebook. He also developed an award-winning Twitter program called Follow Friday (#FF) that also uses the property’s LED screen on the Strip. “We just realized that social media was a way to directly speak to the consumer,” he said. “To use social media is one thing but to understand how to increase engagement and really do it well for a brand is a whole different ball game,” he said. — Brian Sodoma
19A
Marketing Director
aimesen Mapes is a driving force behind Town Square Las Vegas, having been hired as marketing coordinator three months before the November 2007 unveiling of the premier open-air shopping, dining and entertainment venue. In his current role as marketing director, Mapes is tasked with the overall marketing strategy, advertising plan and key promotions to help communicate each new component of the center, which last year alone included the opening of more than 90,000 square feet of retail space, 53,000 square feet of office space, plus a shuttle service to and from the Las Vegas Strip. Town Square also added The Green, a 12,000-square-foot natural-grass park. “The Green was developed to provide more space to host events, and the natural grass is very important for pets and kids,” said Mapes, who previously served as marketing director for UNLV’s athletics department. Mapes is committed to partnering with organizations to create events and activities that will draw crowds. Since the center opened, more than 170 events have taken place supporting more than 50 nonprofits and raising more than $750,000. But Mapes goes above and beyond: For example, when the Nevada Childhood Cancer Foundation asked Mapes if an 11-year-old girl could be one of Santa’s elves for the day, he made her wish come true, and also planned a jingle-bell sale that raised more than $2,300 for the organization. — Danielle Birkin
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3/12/15 10:10 AM
2015
20A
Tina Matson Chef Concierge
Bellagio
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Age: 37
T I was raised to never, ever give up. Those basic principles that were a part of my childhood help mold … the professional that I have grown to be.
ina Matson enjoys what she become, but the professional that I does, and it shows. have grown to be.” If there is a way to keep a The personal philosophy that guest happy and at the Bellagio, she guides her, she continues, is that “Evwill figure it out. Matson routinely ery day is a new day, we all have a learns to speak the language of the decision to make at the start of each guest in moments, and understands and every day — and that is what type exactly what he is looking for — even of attitude we are going to bring with if it isn’t what he is asking for. us throughout the day. You might as “I was raised to never be afraid to well make it great day and bring a go out and try something new,” Mat- positive attitude with you in everyson said. “I was also raised to never, thing you do.” Professionally, she said, ever give up. Those basic principles “Make the decision to be truly comthat were a part of my childhood help mitted and passionate. If you do the mold not only the person that I have right things for the right reasons and
always manage from the heart you can never, ever go wrong. It’s basic, I know but it works.” Over the months to come, Matson says, she wants to “continue to support a goal set by a networking group within our company. That goal is to create a job-shadowing program for our company. I believe that it truly will be a win-win for the employee and the company. That truly would be a gift that would keep on giving.” — Howard Riell
Lawrence Vaughan
Co-founder
Real Gaming
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Age: 30
S
outhern Nevada native Lawrence Vaughan is a self-taught computer programmer and entrepreneur who in his early 20s launched his own company, Jobbi.com, an employment website that he still owns with several partners. But Vaughan really made his mark in the tech industry when he turned his attention to Internet poker, having been toying with ideas on how to make it work here in Nevada. A mutual friend introduced him to casino pioneer and South Point owner Michael Gaughan and the two teamed up in 2012 to create Real Gaming, an online poker business that launched in February of last year
as Nevada’s third real-money Internet which is great if you’re at work or school gaming operation. — and you can also play on any device, Vaughan said the company developed and that’s a big deal.” a platform for interactive gaming from Real Gaming, which has grown from the ground up using the latest technology, a start-up to some 50 employees, also which allows for the nimble adaptation of developed patent-pending geo-location software to player/consumer preferences. technology that allows players to partici“We’re not licensing the software, pate anywhere in the state of Nevada. so we’re able to deliver local customThis year, the company is focused er service and deliver on the fly,” said on launching new formats and investVaughan, who at 27 became the young- ing in development, and is working on est person ever to receive a gaming li- a brand new look for the site, according cense for interactive gaming. “It’s pretty to Vaughan, who is an active member of unique, and we’re the only ones doing it the community and donates to various this way. It’s also the only site you can nonprofits. play without downloading anything — — Danielle Birkin
Erin Ward
Director of Sales and Events
Brooklyn Bowl
E I grew up in a very small town and there was not much to do, so you either worked or caused trouble …
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Age: 36
rin Ward started working at the tender age of 16 “because I needed gas money to run the streets, as my parents would call it,” she said. “I grew up in a very small town and there was not much to do, so you either worked or caused trouble — and of course, my parents would not have put up with the latter.” Ward worked full time while going to college full time, which speaks volumes about her work ethic. She became a manager at the age of 18, which meant that “feeling responsible for other people has just become second nature to
me. I always take the approach of being mold-able and to never stop learning, which has given me a great wealth of knowledge drawn from some amazing mentors I have had in my life.” If there is a philosophy that Ward has developed along the path to success, it is to “be passionate about everything you do, get up every morning and love the life you live personally and professionally. If there is ever a time that you don’t feel passionate about something, then it is time to re-evaluate and change it.” Ward is looking forward this year to making sure that Brooklyn Bowl con-
tinues to be known as “the best venue in Las Vegas for concerts, food and special events. The company, management and staff have been one of the best (teams) I have ever worked with, so I am excited to see what we will accomplish this year now that we are no longer an infant.” Beyond that, Ward said, “I have learned to be ready for anything. Overall, I want to make sure that I show my son what a strong work ethic is and have my family be proud of me in anything I do.” — Howard Riell
3/12/15 10:10 AM
2015
21A
Karen Todd Griffin
Director Public Affairs
Faiss Foley Warren Public Relations
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Age: 39
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s a former news anchor and politi- herself full-time in the project, and was incal reporter with 10 years of on-air strumental in the defeat of the margin tax by broadcast experience in Reno, Kar- a differential of nearly 60 percent. en Griffin transitioned into her role as di“It was a fantastic experience, and I got rector of public affairs at public relations to work with everything from small local firm Faiss Foley Warren, which she joined contractors with a couple of employees, in late 2013. to some of the largest businesses in the In her new position, Griffin oversaw and state,” said the UNR graduate, who origimanaged the agency’s pivotal role in the nally hails from Central California. “We had Coalition to Defeat the Margin Tax ballot overwhelming support to defeat Question initiative in 2014. In this capacity, Griffin 3 because the majority of people in Nevada served as spokeswoman for the campaign, were opposed to it, so it was gratifying to regularly appearing and debating on state- see those numbers the night of Nov. 4.” wide television and radio programs, and These days, Griffin is working with the also directed and wrote much of the public ridesharing mobile app Uber and is also communications regarding this high-pro- working on several smaller accounts as file campaign, including social media. well as business development. She also coordinated efforts with the four She is a longtime member of Soroptimist founding members of the coalition — the International — which improves the lives of Nevada Resort Association, Nevada Retail women and girls — and is a past vice presiAssociation, Nevada Mining Association and dent of Soroptimist International of Reno. Metro Chamber of Commerce — immersing — Danielle Birkin
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“She believed she could, so she did.”
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Silverton Casino Hotel Proudly Congratulates
Kimiko Peterson
TOP 40 UNDER 40 Congratulations to all the 2015 honorees. We salute you, the individuals that make a difference in our local community.
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I-15 & BLUE DIAMOND • 702.263.7777 • SILVERTONCASINO.COM
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2015
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Michael McKiski
Alisa Nave-Worth
Glendon Scott
North America Interactive: Scientific Games ■ Age: 29
Brownstein Hyatt Farber Schreck ■ Age: 35
BRAINtrust Marketing + Communications ■ Age: 35
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Head of Sales
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ichael McKiski attributes much of his early success to the attitude he developed as a result of his participation in athletics. “When you’re playing sports you are often forced to do difficult, repetitive activities that you do not want to do in order to achieve success,” he said. “When a coach demands you participate in something to further your career — physically or academically — you learn at a young age that no amount of complaining or negotiating will reduce the amount of wind sprints, study hall hours, or practice time required to be great. As a business professional, this same attitude is what has helped me excel in the workplace.” While at MGM Mirage (now MGM Resorts), McKiski was part of a team that helped launch the brands into social media. After joining Bally Technologies (recently acquired by Scientific Games), he began to affect change when he helped the business teams “go mobile” by using smartphone apps via iPods and iPads to become more effective at positioning the company’s products with customers. This not only created a cost savings for the company by eliminating paper printing/ shipping costs, but helped a gaming technology company embrace mainstream technology in a new way. For the year ahead, McKiski looks forward to “the continued blending of the two great companies that came together in late 2014 — Scientific Games and Bally Technologies. As we in the Interactive division work to grow our overall product library and footprint, I am looking forward to building a team to continue the great work we have started over the last four to five years individually, and over the last two to three months collectively.” — Howard Riell
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Senior Policy Advisor and Counsel
fter graduating from the UC Berkeley School of Law, Alisa Nave-Worth had a job offer from an international law firm in San Francisco. But the valley native was still drawn to Las Vegas. “I figured out pretty quickly, if I was going to go to a place where I could make an impact I was going to do that here — far more than I would in San Francisco,” she said. Today, in her role as senior policy advisor and counsel, she helps shape legislative strategies for corporate clients. She has helped expand her firm’s government affairs practice to include gaming, homebuilding, financial institutions and other clients. Her desire to have a hand in shaping Nevada legislation started at a young age. She interned with Sen. Harry Reid the summer after her high school graduation and also worked in Sen. Richard Bryan’s office. Nave-Worth even served as Hilary Clinton’s Southern Nevada political director in the 2007 Nevada Political caucus, and she has also served as the executive director of the Nevada Senate Democratic Caucus. “It’s exciting working for the people that represent the people of Nevada in Washington. You get to understand the true value of political service,” she said. “It’s been an honor to work with wonderful people I deeply admire. … people that have the courage to stand by their convictions.” Her involvement with the passing of civil unions legislation in the 2009 Nevada State Legislature is one of her proudest achievements. “It seems so small compared to the same-sex marriage rulings today. But it was so monumental at the time,” she said. — Brian Sodoma
It’s been an honor to work with wonderful people I deeply admire. … people that have the courage to stand by their convictions.
Executive Creative Director
lendon Scott is a creative visionary with a passion for design and branding who has executed integrated marketing campaigns across all platforms for myriad industries since he made his professional foray into the advertising industry. A native of Chicago who holds a B.A. in advertising from the University of Illinois, Scott moved to Southern Nevada 10 years ago, having been recruited by R&R Partners, where he served as senior art director for nearly four years. He went on to become associate creative director at Barkley prior to co-founding 1010 Collective, a creative design and digital agency that grew to 10 employees. Last year, he merged with BRAINtrust Marketing + Communications, and now leads a 15-member creative team of graphic designers, web developers, digital strategists, videographers/photographers and copywriters. Since the merger, Scott has overseen creative campaigns for the Regional Transportation Commission, Richard Petty Driving Experience and Grand Bazaar Shops. He is also currently working on a new project for the Mob Museum, and is developing new social media for Wolfgang Puck. He is also committed to raising awareness of the local advertising industry through his affiliation with the American Advertising Federation, serving as president of the local chapter. “I’m really proud of my work with the American Advertising Federation, and our efforts to elevate the national perception of the local ad community,” Scott said. “We’re bringing the AAF National Conference to Las Vegas this year, which we hope will attract more attention for (Southern Nevada) agencies.” Scott is a participant in Leadership Las Vegas, and a board member of OV Nation, Opportunity Village’s young professional’s board. He is also a former contributor to Nevada’s Big Give through pro bono advertising. — Danielle Birkin
3/12/15 10:10 AM
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