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Virtus Leases Space at 3977 W. Oquendo To Saraphine, Inc.

3977 OquendoBrian Bolanowski of Virtus Commercial represented 3977 Oquendo Rd, LLC in the lease of 1,250 square feet of industrial space at 3977 W. Oquendo Road, Las Vegas, NV 89118. The tenant, Saraphine, Inc, will occupy Suite B. The total transaction value of this 12.5 month lease is $10,876.

The approximate aggregate value of the transaction is $0.70 per square foot.

701 Bridger Building Continues Leasing Activity

701 Bridger 2Robert S. Hatrak II of Virtus Commercial represented 701 Bridger, LLC in the lease of 2,928 square feet of office space at the 701 Bridger Office Building, 701 E. Bridger Avenue, Las Vegas, NV 89101. The tenant, LMBC, LLC will occupy Suite 120. The total transaction value of this 37 month lease is $216,117.

The approximate aggregate value of the transaction is $1.99 per square foot.

Respectfully Yours Take Short Term Lease At Sea Breeze Village

Sea Breeze VillageRobert S. Hatrak II of Virtus Commercial represented Seabreeze, LLC in the lease of 1,540 square feet of retail space at the Seabreeze Village, 1770 N. Buffalo Drive, Las Vegas, NV 89128. The tenant, Respectfully Yours, LLC will occupy Suite 105. The total transaction value of this 6 month lease is $3,888.

The approximate aggregate value of the transaction is $0.48 per square foot

Gatski Commercial Recent Transactions

Jennifer Lehr and Chuck Witters, SIOR of Gatski Commercial represented the seller, Wells Real Estate Nevada, LLC in the disposition of 4411 S. Pecos Rd. The +/-3,168-square-foot building sold to Roberts Law Group in January of 2016 for $340,000. The buyer was represented by Greg Pancirov of Colliers International.

Craig Summers and Mel Koich of Gatski Commercial, represented the buyer, Birdie Asfoura, LLC in the acquisition of 4810 Judson in Las Vegas, NV. The +/-68,191-square-foot building was acquired from seller, KW Loan Partners II, and closed for $3,400,000 in January of 2016.

Mel Koich and Craig Summers of Gatski Commercial represented the buyer, Hellfire Media, LLC in the acquisition of 600 E. Charleston Blvd. in Las Vegas, NV. The +/-10,711-square-foot building was acquired from seller, State Bar of Nevada, and closed for $1,400,000 in January of 2016.

A new 63-month retail lease located at 6520 E. Lake Mead Blvd., in Las Vegas, NV. The +/-1,000-square-foot space will be occupied by VIP Nails. Laramie Bracken of Gatski Commercial represented the Landlord, Sannik, LLC. The transaction was finalized for an approximate amount of $144,366.

A new 60-month retail lease to Maria Del Rosario Parra. The +/-1,400-square-foot space is located at 2401 S. Valley View Blvd., in Las Vegas, NV. Ali Roesener and Laramie Bracken of Gatski Commercial represented the Landlord. The transaction totaled approximately $132,482.

A 42-month retail renewal to IMAC Medical Systems Inc. – Elekta. Chuck Witters, SIOR represented the tenant. The +/-14,199-square-foot space is located at 2310 Corporate Circle in Las Vegas, NV. Mark Moser of Savills-Studley represented the Landlord, Tech Park 5, LLC. The transaction totaled approximately $869,281.

Colliers Recent Transactions

Sale Transactions

A leased investment551-Courier-Street sale on behalf of HENDERSON BTS LLC to a private entity. The approximately 130,446 square foot industrial property located at 551 Courier St. in Henderson. The transaction value was $11,950,000. Dan Doherty, SIOR, Susan Borst, CCIM, Chris Lane and Jerry Doty of Colliers International represented both parties in the transaction.

 

 

 

Westland-CenterA sale to MCA Realty Inc. The approximately 150,213 square foot industrial and retail property is called Westland Center and is located at 4375 and 4385 N. Pecos Rd. in North Las Vegas. The transaction value was $8,750,000. Dan Doherty, SIOR, Susan Borst, CCIM, Chris Lane and Jerry Doty of Colliers International represented the buyer.

 

 

 

 

Lease Transactions

4025-East-Cheyenne-AveA sub-lease to Sun Delivery. The approximately 66,000 square foot industrial property is located at 4025 E. Cheyenne Ave. in Las Vegas. Suzette Lagrange and Kara Walker of Colliers International represented the lessee.

 

 

 

 

4340-North-Lamb-BlvdA lease renewal to FCS Automotive International Inc. The approximately 31,200 square foot industrial property is located in Craig Distribution Center II at 4340 N. Lamb Blvd., Suite 100 in Las Vegas. Dan Doherty, SIOR, Susan Borst, CCIM, Chris Lane and Jerry Doty of Colliers International represented the lessor, Roberts Ranch Venture LP.

 

 

1045-Palms-Airport-DriveA lease to Impact Business Services LLC. The approximately 16,139 square foot industrial property is located in Harsch Paradise Airport Center at 1045 Palms Airport Dr., Suite 110 in Las Vegas. Greg Pancirov, SIOR and Mike DeLew, SIOR of Colliers International represented the lessor, Harsch Investment Properties – Nevada.

 

 

 

 

6023-McLeod-DriveA lease to MKA Consulting LLC. The approximately 6,910 square foot industrial property is located at 6023 McLeod Dr. in Las Vegas. Dean Willmore, SIOR and Chelsy Cardin of Colliers International represented the lessor, White Family Lifetime Trust.

 

 

 

 

2190-Pebble-RoadA lease to Air Methods Corporation. The approximately 4,955 square foot office property is located in Pebble Place at 2190 Pebble Rd. in Las Vegas. Suzette Lagrange and Kara Walker of Colliers International represented the lessor, CVK.

 

 

 

 

289-Pilot-RoadA lease to Facilities Protection Services. The approximately 4,520 square foot industrial property is located in Hughes Airport Center at 289 Pilot Rd. in Las Vegas. Renae Russo, KP, LEED GA of Colliers International represented the lessor, Potts Properties LLC.

 

 

 

 

525-West-Sunset-RoadA lease to Charger Construction LLC. The approximately 4,225 square foot industrial property is located in Sunset Pointe Industrial Center at 525 W. Sunset Rd. in Las Vegas. Greg Pancirov, SIOR and Mike DeLew, SIOR of Colliers International represented the lessor, Sunset Pointe Group LLC.

 

NGKF Leases To BabyStacks And Helps Shapiro Trust Sell Land Parcel

Newmark logoBabystacks Café 5, LLC leased 2,100 square feet of retail space for 96 months at 8090 Blue Diamond Rd, Suite 170, Las Vegas, NV 89113  from Sunstone Diamond, LLC.  Total consideration was $363,300.00. Nelson Tressler and Michael Zobrist of Newmark Grubb Knight Frank represented the lessor in the transaction.

The approximate aggregate value of the lease is $1.80 per square foot.

Shapiro Trust Et al and Shapiro David & Ilana Trust sold 3.15 acres of land at 1160 W. Pioneer Blvd, Mesquite, NV 89027 to BHF, LLC. Total consideration was $854,980.00. Eric Berggren of Newmark Grubb Knight Frank represented the seller in the transaction.

The approximate aggregate value of this sale is $6.23 per square foot of land.

Sunset Plaza In Henderson Sells For $277 PSF

CBRE New Logo 2016CBRE announces today the sale of the Sunset Plaza located at 1000-1152 W. Sunset Road, Henderson, NV 89014. Charles Moore, CSM, Marlene Fujita Winkel, CCIM and M. Laura Hart of CBRE’s Las Vegas office represented the seller, SunLife Assurance Co., in the $9,500,00 transaction encompassing 34,244 square feet. The buyer, J3 Generations ,LLC, was represented by Brendan Keating and Sean Margulis of Logic. The approximate aggregate value of the transaction is $277.42 per square foot.

The shopping center is located near other prominent retail outlets including the Galleria Mall and Union Village and is adjacent to U.S. 95.  According to Fujita-Winkel, there has been significant activity in the Henderson submarket that is driving investor interest in the area, especially for properties like Sunset Plaza in established retail corridors with adjacent freeway access.

 


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