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Category – June 2012

Quality Control Systems Signs 5-Year Lease

Quality Control Systems Signs 5-Year LeaseQuality Control Systems signed a 5-year, $97,500 lease for 5,000 square feet of light-industrial space, on 0.28 acres, inside the 21-year-old Post Road Industrial Park at 3220 W. Post Road in Las Vegas. Colliers International’s Chris Connell represented the lessor, Roberta Louise Smith. The reported average rent equals 33 cents per square foot triple net. 

Pure Essence Labs Extends Lease

Pure Essence Labs Extends LeasePure Essence Laboratories signed a 64-month, $701,732 lease renewal for 15,406 square feet of industrial space inside KTR Capital Partners‘ Arrowhead Commerce Center at 6155 S. Sandhill Road, Suite 100 and 200, in Las Vegas. Colliers International’s Spencer Pinter, Dan Doherty, and Chris Lane represented the lessor, KTR LV IV, LLC. The reported average rent equals 71 cents per square foot triple net.

Galleria Office Complex Signs $208,216 Lease

Galleria Office Complex Signs $208,216 LeaseDr. Cesar Estela signed a 5-year, $208,216 lease for 2,078 square feet of medical office space inside the Galleria Office Complex, on 0.85 acres, at 1399 Galleria Drive, Suite 100-A, in Henderson. McMenemy Investment Services’ Ron McMenemy represented the lessor, Trimmer Family LLC. The reported average rent equals $1.67 per square foot full service gross.

Horizon Ridge Office Building Sold for $1.3 Million

Horizon Ridge Office Building Sold for $1.3 Million
SCV Horizon Ridge bought a two-year-old, 6,237-square-foot office building, on 0.5 acres, inside Horizon Ridge Professional Park at 2480 W. Horizon Ridge Parkway in Henderson for $1,329,500, or $213 per square foot, from Horizon Ridge Professional Park LP. McMenemy Investment Services’ Ron McMenemy represented the buyer; First Federal Realty DeSimone’s Joseph DeSimone represented the seller.

 

Precision Group Signs 32-Month Henderson Lease

Precision Group Signs 32-Month Henderson LeasePrecision Group, Inc. signed a 32-month, $57,538 lease expansion for 3,038 square feet of industrial space inside the 4-year-old Gibson Wigwam Business Center, on 2.26 acres, at 50 N. Gibson Road, Suites 165 and 170, in Henderson. Colliers International’s Greg Pancirov and Mike DeLew represented the lessor, Wigwam/Gibson, LLC. The reported average rent equals 59 cents per square foot.

Irene Porter, 69, Home Building Leader, Dies

Irene Porter, 69, Home Building Leader, DiesIrene E. Porter, a longtime homebuilding industry leader, died on Thursday, June 28. She was 69. Porter served as the executive director of the Southern Nevada Home Builders Association for 35 years before retiring earlier this year. Porter’s savvy understanding of the local marketplace and regional politics helped propel the association to become the state’s largest and most powerful residential construction trade group. The 59-year-old Southern Nevada Home Builders Association has 250 member firms; it’s the local affiliate of the National Association of Home Builders. Prior to joining the association, Porter served in several trailblazing roles: she was the first female planning director in North Las Vegas, and a project manager for American Nevada Co.’s Green Valley master-planned community in Henderson. Porter was also the first female lobbyist in the Nevada State Legislature. She is survived by her brother Charles Gulland of Roseville Calif.; and her daughter, Sherry Porter Rosch of Las Vegas. 

The Berg Investment Group Joins Sun Commercial

The Berg Investment Group Joins Sun CommercialThe Berg Investment Group has joined Sun Commercial Real Estate. The group made-up of brothers Jeff and Mica Berg most recently worked at the Las Vegas office of Colliers International. The duo each holds the title of senior associate. The group focuses on selling and leasing investment properties, including triple net investments, multi-tenant retail and office complex, and grocery anchored centers.

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