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Category – October 2013

O/E Learning Signs 38-Month Lease Renewal

OE Learning Signs 38-Month Lease RenewalO/E Learning Inc. signed a 38-month $63,609 lease renewal for 1,134 square feet of office space inside The Park at 3900, on 5.39 acres, at 3900 Paradise Road, Suite 205, in Las Vegas. Newmark Grubb Knight Frank’s Eric Berggren represented the lessee; Voit Real Estate’s Jayne Cayton represented the lessor, RREF II CGM Office LLC. The reported average rent equals $1.48 per square foot. 

MVP REIT Pays $6.1 Million for Office Building

MVP REIT Pays $6.1 Million for Office BuildingMVP REIT Inc.. bought a 5-year-old 22,000-square-foot Class A office building, on 1.55 acres, inside Corporate Park at 8905 W. Post Road in Las Vegas for $6.1 million,or $277-per-square-foot, from S E Property Investments LLC. The two-story buildingwas 91.08% leased at the time of sale. The acquisition was financed through theassumption of $3.5 million in existing debt and the transfer of approximately296,106 shares of the company’s common stock valued at $8.775 per share. 

MG Express Joins Arrowhead Commerce Center

MG Express LLC signed a 26-month $75,256 lease for 5,761 square feet of industrial space inside KTR Capital PartnersArrowhead Commerce Center at 3595 E. Patrick Lane, Suite 800, in Las Vegas. Griffis Realty Investments’ Joe Griffis represented the lessee; Colliers International’s Spencer Pinter, Dan Doherty, and Chris Lane represented the lessor, KTR LV IV LLC. The reported average rent equals 50 cents per square foot triple net. 

Suncrest Commerce Center Signs $609,932 Lease

Suncrest Commerce Center Signs $609,932 LeaseQuality Custom Distribution Services signed a 39-month $609,932 lease for 37,432 square feet of industrial space inside the 16-year-old Suncrest Commerce Center, on 7.29 acres, at 1051 Mary Crest Drive, Suites D, E and F, in Henderson. Cushman & Wakefield-Commerce’s Leo Biedermann represented the lessee; Colliers International’s Mike DeLew and Greg Pancirov represented the lessor, Rocklin LLC. The reported average rent equals 42 cents per square foot.

Civic Center Building Sold for $5.5 Million

Civic Center Building Sold for $5.5 MillionMCA Civic Center LLC bought a 6-year-old 86,216-square-foot building, on 3.04 acres, inside Civic Center Corporate Park at 3848 to 3908 Civic Center Drive in North Las Vegas for $5.5 million, or $64-per-square-foot, from ATC Realty Once LLC. Colliers International’s Dan Doherty, Chris Lane and Jerry Doty represented the seller.

Vasian Group Signs $48,851 Lease

Vasian Group Signs $48,851 LeaseVasian Group signed a 26-month $48,851 lease for 5,510 square feet of industrial space inside the 16-year-old Hacienda Crossings, on 4.12 acres, at 5275 Arville Ave., Suite 112, in Las Vegas. 048 Realty’s Mark Bowman represented the lessee; Avison Young’s Joe Leavitt and Chris Lexis represented the lessor, Dalfen America Corp. The reported average rent equals 34 cents per square foot.

Berry Breeze Signs 28-Month Industrial Lease

Berry Breeze Signs 28-Month Industrial LeaseBerry Breeze signed a 28-month $51,598 lease for 4,400 square feet of industrial space inside the 16-year-old Hacienda Crossings, on 4.12 acres, at 5275 Arville Ave., Suite 308, in Las Vegas. Avison Young Joe Leavitt and Chris Lexis represented the lessor, Dalfen America Corp. The reported average rent equals 42 cents per square foot.

Hacienda Crossings Signs $106,273 Lease

Hacienda Crossings Signs $106,273 LeaseInfinite Teach, Inc. signed a 39-month $106,273 lease for 5,510 square feet of industrial space inside the 16-year-old Hacienda Crossings, on 4.12 acres, at 5275 Arville Ave., Suite 372, in Las Vegas. Windermere Prestige Properties’ Carlos Pujadas represented the lessee; Avison Young’s Joe Leavitt and Chris Lexis represented the lessor, Dalfen America Corp. The reported average rent equals 49 cents per
square foot.

Fidelis Health Group Signs 39-Month Lease

Fidelis Health Group Signs 39-Month LeaseFidelis Health Group LLC signed a 39-month $31,191 lease for 1,379 square オンライン カジノ feet of industrial space inside the 16-year-old Hacienda Crossings, on 4.12 acres, at 5275 Arville Ave., Suite 156, in Las Vegas. Colliers International’s Eric Molfetta represented the lessee; Avison Young’s Joe Leavitt and Chris Lexis represented the lessor, Dalfen America Corp. The reported average rent equals 58 cents per square foot.

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