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Category – 2012 Archive

The Bridger Office Building Secures Another Tenant

Bridger Office BuildingRobert S. Hatrak II of Virtus Commercial represented 701 Bridger, LLC in the lease of 1,835 square feet of office space at the Bridger Office Building,701 E. Bridger Avenue, Las Vegas, NV 89101. The tenant Conversion Media, LLC was represented by Dave Evenhouse and will occupy Suite 500. The total transaction value of this 36 month lease renewal is $132,720.

The approximate aggregate value of the transaction is $2.01 per square foot.

Henderson Mini-Storage Complex Sells for $8.5 Million

Henderson Mini-Storage Complex Sells for $8.5 Million
Spense Nevada VI LLC bought an 85,205-square-foot, 693-unit Storage One facility, on 4.47 acres, at 2402 Atchley Drive in Henderson for $8.5 million, or $100 per square foot, from Anthem Mini Storage LLC. CB Richard Ellis’ Brian Pankratz represented the buyer; Colliers International’s Dan Doherty and Chris Lane represented the seller. The reported average sale price of 7-year-old facility equals $12,266 per unit.

Nellis Industrial Park Signs 3-Year Lease

Nellis Industrial Park Signs 3-Year LeaseMG Exhibition Design Co. signed a 3-year, $85,350 lease for 13,500 square feet of mid-bay industrial space inside Nellis Industrial Park, on 2.5 acres, at 4606 Andrews St., Suite 4, in North Las Vegas. Cushman & Wakefield-Commerce’s Dean Willmore represented the lessor, 4606 LLC; Albright Callister & Associates’ Bryan Houser represented the tenant. The reported average rent equals 18 cents per square foot triple net.

Eco-Friendly Architecture on the Strip

Eco-Friendly Architecture on the Strip
“Green” building has gone from a boutique idea to mainstream practice in some of Las Vegas’s largest building projects, pushing local architects to think about eco-conscious design on a monumental level. Their innovative ideas on reducing waste and maximizing resources have taken off and won awards the world over, our local designers and builders serving as leaders in green building on an international level. For the full story, CLICK HERE.

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