Las Vegas market provides economic incentives.

The Las Vegas economy and tax structure proves to he attractive to many businesses in terms of relocation and expansion. Companies and individuals alike appreciate Southern Nevada's low tax and pro-business operating environment. The Nevada Development Authority (NDA) attributes no state corporate income tax, no personal income tax and the state's economic growth as the top three reasons why businesses find it appealing to relocate and expand into this market.

According to Nevada Development Authority President Somer Hollingsworth, the NDA has brought in 39 new companies--20 of which are from California--created more than 1,350 new jobs in the valley and the employee economic impact has reached $235 million per year to date with fiscal year ending in June. He also said the average wage has grown to $20.40 per hour.

"It's important that we create high quality, high paying non-gaming jobs," Hollingsworth said. "These jobs serve to diversify the economy and protect the resort industry."

Hollingsworth said businesses are attracted to Las Vegas for many reasons. "Non-stop flights to and from McCarran International Airport prove to be a benefit, out-of-state clients typically visit Las Vegas for business or conventions three to four times a year and Las Vegas' marketing package of hotels and restaurants are impressive to business travelers and help to save companies money," Hollingsworth said. "The most notable reason for companies to relocate in Nevada is the state's 'pro-business' attitude and policies like that doesn't exist anywhere else in the country."

Marnell Corporate Center provides visibility and access to leading companies with the ability to serve local, regional, national and international markets. A key factor is the central location of the center at the two major traffic arteries--Interstate 15 and 215 interchange--offering access to all points in the Las Vegas valley within minutes for customers and employees.

Marnell Properties created the 350,000 square foot Marnell Corporate Center, a high-profile business community providing high visibility and a location only minutes from the arrival gates at McCarran International Airport. The center is the first Class "A" office complex in the airport submarket of the valley. The multitenant buildings in this center feature highly efficient floor plates, state-of-the-art facilities, management services, access to high-speed data infrastructure, lush landscaping, covered parking and public area finishes of the finest materials available. There also are build-to-suit opportunities, the most recent one completed in 2003.

Marnell Properties recently signed a lease with NAI Horizon to occupy 14,084 square feet and Tsunami Properties to occupy 2,573 square feet in the Marnell Corporate Center. NAI Horizon is a full service commercial real estate brokerage, property management, and consulting firm successfully serving the greater Las Vegas and Phoenix markets. Tsunami is a residential real estate and property management company.

"When NAI Horizon decided to relocate its Las Vegas offices, we were looking for a step above from some of the traditional business districts in terms of functional, high-tech, and quality of design and the Marnell Corporate Center offers a first-class, superior building," NAI Horizon CEO Ron McMenemy said. "In addition, the location couldn't be anymore convenient for our company. We take on average 30 trips to the airport each month and the Marnell Corporate Center is one stop sign from the airport."

As mentioned above, Marnell Corporate Center is five minutes from McCarran International Airport, but also four minutes for the Las Vegas Strip, seven minutes from Sands Convention Center, nine minutes from Las Vegas Convention Center and 11 minutes from the Clark County Government Center. Located in the Center of Las Vegas. Marnell Corporate Center has the world literally at its doorstep. The office park consists of Class "A" office buildings ranging in size from 45,000 to 90,000 square feet.

Information for this article was provided by Marnell Properties.