October 30, 2017
September 1962, President John F. Kennedy delivered a speech that would shape the worldview of a generation. At Rice University in Houston, Texas in front of 35,000 people he said, “We choose to go to the moon.”
To understand the significance lets go back to 1961 when Kennedy became president. Many Americans believed the U.S. was losing the Space Race. The USSR successfully launched the first artificial satellite. The first man in space was a Russian before the U.S. could launch its first astronaut.
But Kennedy said, “We choose to go to the moon.” And about 6 years later the first man that landed on the moon was Neil Armstrong, July 1969. Here is a snippet of the speech.
January 1986, the Space Shuttle Challenger launch was broadcast on TV sets in schools across America. Included on board Challenger was Christa McAuliffe, a social studies teacher who won a nationwide competition to become the first “Teacher in Space”.
“4…3…2…1… lift off.” 73 seconds had passed after those words. Challenger ascended to an altitude of 46,000 feet. And then, a ball of fire and smoke engulfed the shuttle. The TV broadcaster and control station became silent for many seconds. I was 6 years old.
For the full Takeaway please click here
July 22, 2017
Sunday March 26, 2017, the Adelson Education Campus held its annual “In Pursuit of Excellence” gala. This year’s honoree was none other than, Mark Cuban, Owner of the Dallas Mavericks, and one of ABC’s “Sharks” on the hit show Shark Tank.
To be perfectly honest, I had no intentions of writing up a Takeaways from this event. But there were some things quite unique about the evening I thought would be interesting to share with all of you.
First of all… yes… Mark really did wear a polo and jeans to a formal event. To his credit, he did speak to it in the program, explaining that when he read the invitation he understood the event to be a Q&A with students. So he dressed for a Q&A with students. Somebody asked me if I believe him, and I have to say, I do. Still… nobody that night seemed to care!
Some of the Q&A was published in this RJ article.
My wife, Danielle, and I got to meet Mark during the cocktail reception.
• How did our conversation go with Mark?
• What insights did Mark share about the influence of his Jewish heritage, his views on technology, and why he never wears a tie?
• How did he answer when asked “how do you define success?”
Click Here For The Full “Takeaway”
July 9, 2017
Let me confess, I was a little less than inspired to get this one started. Not because of the content. Actually, I’m not sure that’s entirely true. Maybe it is the content. Because, to really unpack the 3 master-planned developments that I tie in below, would be an enormous amount of work. That is, if I want to do it right anyway. So let me start with another confession and I promise that we’ll get back to the NAIOP program that I am writing about in this Takeaways.
Here it is. The confession. I have become a podcast junkie. I love them! In fact, I talk about them every single time I get a chance to. For a list of the podcasts I listen to regularly send me an email. I’d be thrilled to share! The first podcast I really started listening to was Revisionist History by Malcom Gladwell (author of The Tipping Point and Outliers, two of my favorite books.) When I wanted to try and indoctrinate my wife into the world of podcasts, I played her Episode 7 from Season 1 – Hallelujah. The whole thing is 39 minutes. If you click on Play below, you can hear it right from the website. Well worth it!
It is titled Hallelujah after the Leonard Cohen song… made famous by Jeff Buckley’s cover… of John Cale’s cover… of the original… and only after Jeff Buckley died tragically which brought attention to his work. Well, he was actually assumed dead because he was never seen again after a “strange turn of events swimming in the Mississippi River.” But let me pause now and answer the question that just popped into your head. Where the heck is this going?!?! I’ll tell you.
In Revisionist History Malcom Gladwell “goes back and reinterprets something from the past: an event, a person, an idea. Something overlooked. Something misunderstood. Because sometimes the past deserves a second chance.” Episode 7 of Revisionist History isn’t just about the song Hallelujah. It is actually about genius, time and iteration, and the creative process. So here we go.
Please click here for a full review
June 12, 2017
In January I heard two economists forecast the next recession will hit the nation around 2019. You can read more about it more here in my previous “Takeaways”. During the month of April I attended two events – both organized by NAIOP of Southern Nevada– that discussed major projects in Southern Nevada and the realities of passing Question 2 (a.k.a. recreational marijuana)
What I learned from these events makes me feel like even if the US Economy will recede in 2019; Las Vegas could skip that recession. Here are 2 reasons why.
1. The amount of capital that is in the works creating jobs (specifically in construction), coupled with the timing of these several large projects.
2. Las Vegas has fundamentally changed post the great recession increasing capacity and sophistication with this development cycle.
What did I learn at the two NAIOP events? Why do I believe Las Vegas has fundamentally changed? Which projects are so significant?
Please click here for link to full article.
January 22, 2017
MDL Group has announced the following transactions:
- A sale transaction was completed for a single tenant NN leased medical property of approximately ±11,995 sq ft. This property is located at 150 S Valley View Las Vegas, NV 89107. Jarrad Katz SIOR, CCIM and Galit Kimerling of MDL Group represented the seller. The property sold for $5,685,591.
- A sale transaction was completed for a single tenant NN leased medical property of approximately ±10,199 sq ft. This property is located at 2065 N Las Vegas Blvd Las Vegas, NV 89030. Jarrad Katz SIOR, CCIM and Galit Kimerling of MDL Group represented the seller. The property sold for $3,245,000.
- A lease transaction completed at 930 Wigwam Pkwy for Z Batting Cages, of approximately ±12,312 square feet. The industrial building is located at 930 Wigwam Pkwy Henderson, NV 89014. Sam Scaletta and Tony Scaletta of MDL Group represented the landlord.
- A lease transaction completed at 5645 S Eastern to Scales N Tails, of approximately ±800 square feet. The retail space is located at 5645 S Eastern Ave Las Vegas, NV 89119. Hillary Steinberg of MDL Group represented the landlord.
- A lease transaction completed at 3160 Desert Inn to LV Cell Fix, of approximately ±1,000 square feet. The retail space is located at 3160 Desert Inn Rd #3 Las Vegas, NV 89121. Hillary Steinberg of MDL Group represented the landlord.
- A lease transaction completed at The Shoppes at the Palazzo to REVIV, of approximately ±1,000 square feet. The retail space is located at 3327 S Las Vegas Blvd Las Vegas, NV 89109. Hillary Steinberg of MDL Group represented the tenant.
- A lease transaction completed at Flamingo Verde to Goh Insurance & Tax, of approximately ±1,200 square feet. The retail space is located at 6020 W Flamingo Rd #13 Las Vegas, NV 89103. Lisa Anderson of MDL Group represented the landlord.
- A lease transaction completed at Sunset Ridge Professional Plaza to Zip Hub Inc, of approximately ±4,365 square feet. The office space is located at 2920 N Green Valley #712 & #713 Henderson, NV 89014. Jerry Hagfeldt of MDL Group represented the landlord.
- A lease transaction completed at McLeod Business Center to Climate Control Experts, of approximately ±6,270 square feet. The industrial space is located at 3070 E Post Rd #A Las Vegas, NV 89120. Jarrad Katz SIOR, CCIM and Galit Kimerling of MDL Group represented the tenant.
- A lease transaction completed at 4011 E Sunset Rd to Abuzz LLC, of approximately ±2,354 square feet. The retail space is located at 4011 E Sunset Rd Henderson, NV 89014. Jarrad Katz SIOR, CCIM and Galit Kimerling of MDL Group represented the landlord.
- A lease transaction completed at Pageantry West to Brighton Home Health and Hospice, of approximately ±2,076 square feet. The office space is located at 8945 W Russell Rd #310 Las Vegas, NV 89148. Jarrad Katz SIOR, CCIM, Brendan Leake and Galit Kimerling of MDL Group represented the landlord.
- A lease transaction completed at Cameron Hacienda for SLS Production Inc, of approximately ±1,601 square feet. The industrial building is located at 5320 Cameron St Las Vegas, NV 89118. Marty Martell of MDL Group represented the tenant.
- A lease transaction completed at Craig Road Business Center for Unity Homes LLC, of approximately ±3,281 square feet. The industrial building is located at 4550 Donovan Way North Las Vegas, NV 89081. Marty Martell of MDL Group represented the landlord.
- A lease transaction completed at Whitney Ranch for Daniel Woods Photography, of approximately ±1,800 square feet. The industrial building is located at 1010 N Stephanie St Henderson, NV 89014. Marty Martell of MDL Group represented the landlord.
November 29, 2016
WHAT: Jones Beltway Business Park construction commencement will be commemorated with an official Ground Breaking Ceremony and Celebration. Construction of this 16,500 square foot office development, comprised of two buildings on 1.93 acres demonstrates new growth in Las Vegas expansion phase, which including this project.
Distinguished guests of honor scheduled to attend the event include, County Commissioner Steve Sisolak; Las Vegas Metro Chamber of Commerce President & CEO Kristin McMillan.
WHO: Representatives from Nevada General Construction (Contractor), Encompass Studio (Architect), Chase Bank (Project Financing), Civil Works (Civil Engineer), Henriksen Butler (Furniture Vendor), and MDL Group (Developer and Owner Occupant) will be present regarding the Jones Beltway Business Park Project.
WHEN: Press conference and official ground breaking ceremony begins at 10:30 am with Champaign Toast and raffle immediately following until 11:30 pm, Tuesday, December 13, 2016.
WHERE: Jones Beltway Business Park, 5960 S. Jones Blvd. (NEC of Jones Blvd. and Ponderosa Way.)
WHY: The Jones Beltway Business Park is one of only few significant office development projects in the Southern Nevada region and clearly demonstrates the start of office expansion. MDL Group is a local small business (commercial real estate and property management) that made the decision to build its new office building vs. leasing or buying an existing building.
Please contact; Hayim Mizrachi 702-388-1800 firstname.lastname@example.org
November 16, 2016
Certified Commercial Investment Member (CCIM) is a recognized expert in the disciplines of commercial and investment real estate. The designation is awarded by the CCIM Institute, after a candidate is required to complete an education component (comprised of a four-course curriculum, an online ethics course, negotiation training, and elective courses from the Ward Center for Real Estate Studies). Then the candidate must compile a portfolio of qualifying experience, and pass the Comprehensive Exam testing mastery of the concepts introduced in the core CCIM courses.
“Going through such a rigorous process to obtain a professional designation like the CCIM demonstrates a high level of dedication an agent’s development.” Says, Hayim Mizrachi, President | Principal of MDL Group. Hayim and the 2 other working partners of MDL Group all hold the CCIM designation. “MDL Group has been involved with CCIM since 1991. There is little more that a real estate professional can do to advance themselves for the benefit of better advising their clients.”
Alexia Crowley is a Senior Associate at MDL Group specializing in medical and professional office sales and leasing. She is a graduate from University of Nevada Las Vegas, with a Bachelor of Science in Business Administration with a focus in Marketing. In addition to her CCIM, Alexia has earned her designation as a LEED Green Associate having an up-to-date understanding of the most current green building principles and practices.