Diversified Business Strategies bought Longford Shoppes @ Southern Hills. This 42,008 SF retail property located at 6525-6565 South Fort Apache, in Las Vegas sold for $8,300,000, or $197.58/SF. Liz Clare and Jackie Young of Avison Young represented the seller, CML-NV Longford.
Kidz Wear signed a 63-month $109,000 lease for 1,208 square feet of retail space at Apache Center located at 3555 S. Fort Apache, Suite 126, in Las Vegas. Angela Holland of Choice One Properties represented the lessee and Kris Watier, Liz Clare and Jackie Young of Avison Young represented the lessor, Apache Center, LLC. The reported average rent equals $1.43 per square foot.
Gatski Commercial welcomes Brenda Olson as an Associate within the Retail Properties Division of Brokerage Services. Brenda brings over 15-years of experience within the commercial real estate industry in Las Vegas, NV.
Prior to joining Gatski Commercial, Brenda worked with national title companies which allowed her to be instrumental in facilitating major commercial real estate transactions. At Gatski Commercial, Brenda will be specializing primarily in retail assets including ground up development, acquisitions, and landlord and tenant representation.
“Brenda brings a tenacious attitude and a wealth of relationships that should allow her to meet all of her career goals here at Gatski Commercial. She is a great fit for our growing Division!” Gabe Telles, Senior Vice President, Managing Director.
Jakke Farley of Virtus Commercial represented Tiabi, LLC in the lease of 1,100 square feet of retail space at the Centennial Plaza, 6320 Simmons Street, North Las Vegas, NV 89041. The tenant will occupy Suite 135. Jim Hill of ROI Commercial Real Estate represented the landlord Bridge 33 Properties V, LLC. The total transaction value of this 60 month lease is $95,893.
The approximate aggregate value of the transaction is $1.45 per square foot.
Jakke Farley of Virtus Commercial represented Boot Camp Las Vegas, LLC in the lease of 13,200 square feet of retail space at the Warm Springs Marketplace 7211 S. Eastern Avenue, Las Vegas, NV 89119.The tenant will occupy Suite 120. David Grant of Colliers Las Vegas represented the landlord, L.D. Warm Springs, LLC. The total transaction value of this 60 month lease is $351,000.
The approximate aggregate value of the transaction is $0.44 per square foot.
Jim Hill of ROI Commercial represented 7650 West Sahara, LLC in the sale of an 11,274SF Office Building located at 7650 W Sahara Ave., Las Vegas, NV 89117. The property sits on a 1.2 acre lot. Alexia Crowley of MDL Group represented the buyer, Dr. Lane Smith. The total transaction value of this office building sale is $1,600,000.
The approximate aggregate value of the transaction is $136.47 per square foot of building and land.
Goodfield Ltd DBA Nevada Spine Institute renewed their 2,238 SF office lease at 1485 W. Warm Springs Road, Suite 103, Henderson, NV 89014. Length of term was 36 months with a total consideration of $144,144. Chris Emanuel and Monica Noto of Virtus Commercial represented the landlord TIH Augusta Park in the transaction.
Local REALTOR® Melissa Zimbelman, who has served in several volunteer and leadership roles for the Greater Las Vegas Association of REALTORS® (GLVAR), has been named 2016 President of the Women’s Council of REALTORS® (WCR).
Zimbelman is the broker-owner and a property manager at LUXE International Realty & Property Management in Las Vegas. During 2015, she served as President-elect of the WCR nationally. She is also a Past President of the Nevada and Las Vegas chapters of the WCR.
She was officially installed into her new role leading the organization of women REALTORS® nationwide during last week’s annual meeting of the National Association of REALTORS® (NAR) in San Diego.
Zimbelman has been a full-time REALTOR® for more than 16 years in Southern Nevada. Her involvement with Women’s Council includes serving on its Executive Committee, the Leadership Academy faculty and Strategic Planning Committee, as well as serving as a Regional Vice President for Region 4. She has also served as chair for the Outreach and Communication Strategic Forum Committee, member of the Broker/Owner/Manager Program Group and as an instructor for numerous national meeting classes.
At GLVAR, she serves on the MLS Committee and is also a multi-year Sterling Club/President’s Circle member as a leading supporter of RPAC, the political action committee for local REALTORS®. She also contributes to several local charities and was a founding member of Gayle’s Closet, a recurring clothing drive to support the Shade Tree shelter for women and children in Las Vegas.
The WCR is a network of successful REALTORS®, advancing women as professionals and leaders in business, the industry and the communities they serve.
Completed Sale Transactions
A sale to Lewis Investment Co. of Nevada LLC. The approximately 18.15 acre vacant land parcel is located at Blue Diamond Rd. and Fort Apache Rd. (APNs: 176-19-201-009, 301-001, 401-001, 401-004 and 401-010 through 012) in Las Vegas. The transaction value was $5,000,000. Vince Schettler of Colliers International represented the sellers, Investor Equity Homes LLC and Mosaic Land Fund LLC.
A sale to Heinrich J. Aberle Trust. The approximately 6,800 square-foot retail property is located at 10430 S. Eastern Ave. in Henderson. The transaction value was $2,450,000. Scot Marker of Colliers International represented the seller, Half Shell Entertainment Group Inc. and Charles Connors of Colliers International represented the buyer.
A sale to Scenic Vistas LLC. The approximately 7,400 square-foot office property is located at 9327 W. Sunset Rd. in Las Vegas. The transaction value was $1,036,000. Bridget Richards, CCIM and Jason Lesley, CCIM of Colliers International represented the seller, SBSS Holdings LLC.
A sale to Continental Realty Advisors Ltd. The approximately 0.76 acre vacant land parcel is located at Boulder Hwy. and Russell Rd. and is listed as APN: 161-35-201-003 in Las Vegas. The transaction value was $325,000. Steven Haynes of Colliers International represented both the sellers, Robert, Kareen and Brian Balch as well as the buyer.
Completed Lease Transactions
A lease to Boot Camp Las Vegas LLC. The approximately 13,200 square-foot retail space is located in Warm Springs Marketplace at 7211 S. Eastern Ave., Ste. 120 in Las Vegas. David Grant of Colliers International represented the lessor, L.D. Warm Springs LLC.
A lease to MG Express LLC. The approximately 5,761 square-foot industrial property is located in Arrowhead Commerce Center, Building 5, at 3595 E. Patrick Ln., Ste. 800 in Las Vegas. Spencer Pinter, Dan Doherty, SIOR, Susan Borst, CCIM, Chris Lane and Jerry Doty of Colliers International represented the lessor, KTR LV IV LLC.
A lease to Singular Solutions Telecomunications LLC. The approximately 2,013 square-foot office property is located in Prestige Office Building at 6145 W. Spring Mountain Rd. in Las Vegas. Ryan Martin, SIOR, CCIM, Taber Thill, SIOR, Patti Dillon and Amanda Palmer of Colliers International represented the lessor, Prestige Spring Mountain LLC.