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Category – 2014 Archive

Sahara Buffalo Office Center Signs $327,177 Lease

SaharaBuffaloProfessionalWright Finlay & Zak LLP signed a 3-year $327,177 lease for 7,109 square feet of office space inside the 8-year-old Sahara Buffalo Professional Center, on 1.39 acres, at 7785 W. Sahara Ave. in Las Vegas. Cushman & Wakefield Commerce’s Dan Palmeri and Bob Hawkins represented the lessee; Commercial Executives’ Soozi Jones Walker and Bobbi Miracle represented the lessor, Hemnat Family LLC. The reported average rent equals $1.28 per square foot modified gross.

Rainbow Office, Residential Portfolio Sold for $7.5 Million

RainbowOasisCenterSTORE Capital Acquisitions LLC bought an 8-home, one-office portfolio totaling 69,173-square-foot at 2975 S. Rainbow Blvd. in Las Vegas and the surrounding vicinity for $7,506,450, or $938,306-per-unit, from CMA Industries LLC and Solutions Holdings LLC. Sun Commercial Real Estate’s Cathy JonesPaul MiachikaJessica Cegavske, and Roy Fritz represented the seller. The sale includes the 24-year-old 38,784-square-foot Rainbow Oasis Center, on 2.96 acres, which was 56% occupied at the time of sale.

Former Lake Mead Auto Center Sold for $1.33 Million

AutoBuildingCarmar LLC bought a 44-year-old 7,000-square-foot former automotive building, on 0.58 acres, at 2010 E. Lake Mead Boulevard in Las Vegas for $1,325,000, or $189-per-square-foot, from 2010 E. Lake Mead, LLC. Sun Commercial Real Estate’s Cathy JonesPaul MiachikaJessica Cegavske, and Roy Fritz represented the buyer; Colliers International’s David Frear and Pat Marsh represented the seller.

Premium Produce Pays $1.9 Million For Two Industrial Buildings in Southwest Las Vegas

MartinHinsonPremium Produce LLC bought two flex industrial buildings totaling 15,118 square feet inside the Martin Hinson Business Park at 6655 and 6659 Schuster Street in Las Vegas for $1,890,000, or $125-per-square-foot, from CPI Six LLC and CPI Seven LLC. Sun Commercial Real Estate’s Cathy JonesPaul MiachikaJessica Cegavske, and Roy Fritz represented the seller; Cornerstone Company’s Justin Michaels represented the buyer.


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