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Category – March 2013

Beltway Business Park Signs $1 Million Lease

Beltway Business Park Signs $1 Million LeaseDawn Food Products signed a 5-year, $1,004,480 lease for 30,000 square feet of industrial space inside Thomas & Mack’s Beltway Business Park at 7055 S. Decatur Blvd., Suite 110, in Las Vegas. Mohr Partners’ Nathan Hale represented the lessee; Colliers International’s Mike Delew and Greg Pancirov represented the lessor, Beltway Business Park Warehouse No. 3 LLC. The reported average rent equals 56 cents per square foot.

RMI Management Joins Blue Diamond Business Center

RMI Management Joins Blue Diamond Business CenterRMI Management signed a 7-year $2,237,341 lease for 29,373 square feet of office space inside the 8-year-old Blue Diamond Business Center at 8290 S. Arville St. in Las Vegas. Juliet Corp.’s John Stewart represented the lessee; Colliers International’s Mike DeLew, Greg Pancirov and Bill Owens represented the lessor, Blue Diamond Business Center – Enterprise LLC. The reported average rent equals 91 cents per square foot.

Tropicana Centre Signs $5.8 Million Retail Lease

Tropicana Centre Signs $5.8 Million Retail LeaseSam’s Real Estate Business Trust signed a 10-year $5,885,616 lease for the 133,764-square-feet of retail space inside the Wal-Mart-anchored Tropicana Centre at 5101 S. Pecos Ave. in Las Vegas. Gregg Williams represented himself as lessee; Colliers International’s Joe Bonifatto and Frank Marretti represented the lessor, Tropec LLC. The reported average rent equals 37 cents per square foot.

Platinum Worldwide Holdings Renews Office Lease

Platinum Worldwide Holdings Renews Office LeasePlatinum Worldwide Holdings signed a 1-year $42,000 lease extension for 2,500 square feet of office space inside the 11-year-old Horizon Ridge Professional Center, on 1.85 acres, at 2298 Horizon Ridge Parkway in Henderson. Avison Young’s Heather Lambert represented the lessor, horizon Ridge Professional Center Inc. The reported average rent equals $1.40 per square foot.

Capriotti’s Joins Lake Mead Gateway Plaza

Capriotti's Joins Lake Mead Gateway PlazaCapriotti’s signed a 10-year $350,866 lease for 1,206 square feet of retail space inside the 8-year-old Lake Mead Gateway Plaza, on 6.81 acres, at 170 N. Boulder Highway, Suite 120, in Henderson. Gatski Commercial’s Rob Lujan and Jason Simon represented the lessee; Cushman & Wakefield-Commerce’s Dan Hubbard represented the lessor, VFPLM LLC. The reported average rent equals $2.42-per-square-foot.

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