What Gives?

Signs like this are EVERYWHERE in Vegas these days. It seems as though every strip mall in the city has at least one vacancy. Many are virtual ghost towns with only one or two small business occupying space. Just today the Las Vegas Sun reported that, "Newly released second-quarter statistics from brokerages show industrial and warehouse vacancies running at about 15 percent, retail vacancies at about 11 percent and office vacancies at about 23.5 percent." You'd think that with figures like this, realtors and property managers would be chomping at the bit to speak with prospective tennants. Sadly, that's not the case. We at Dewey Street have put in numerous phone calls to property managers and real estate agents on the west side of town with not a single call returned. What gives? We're anxious to get this ball rolling, yet no one will talk to us. So for now, we still do not have a projected grand opening date...but we're working on it. In the meantime, we'll be putting together a calendar listing classes, workshops, and open studio times. Here's to hoping we make some headway soon in the real estate department!

Thanks for visiting,

Lindsay