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Harsch Lauded for Economic Foresights
April 22, 2013

Two NAIOP Awards Recognize Harsch Investment Properties’ Ability to Weather Economic Trends and Nurture Local Business

Harsch Investment Properties earned two industry awards in March for supporting economic diversification and adaptability. The Southern Nevada Chapter of NAIOP, the Commercial Real Estate Development Association, hosted its 16th annual Spotlight Awards in Las Vegas. The awards recognize NAIOP members who impact the industry and increase public awareness with their outstanding achievements.

Harsch’s Henderson Commerce Center Spirit’s Supply Chain Project received the Impact Award in the Mining, Materials and Manufacturing category. The award recognizes projects that support economic diversification of a business community, including enhancements like tenant improvements.

Harsch invested $1.5 million installing new equipment in the Henderson facility for the Spirits Supply Chain project, which consists of Grape Expectations, the Half Full Artisan Shop, Booze Brothers Distributors and the Las Vegas Distillery, neighbors at the Center. They collaborate to distill, distribute and sell locally-produced liquor and wine, without competing with national brands. Distillery and wine-making visitors can purchase products on site, rather than taking their business away from the Center. This model is unique in Nevada and enables tenants to branch out and support each other. The award recognizes a project that facilitates economic diversification of the business community, as well as the Harsch Investment Properties portfolio.

Harsch Investment Properties also received the award Battle Born, which recognizes proactive thinking and work that pioneers the success of our industry and community. In 2013, Harsch adapted its operations to prevent layoffs and cutbacks. Robust development firms like Harsch respond to economic trends and find continual success.