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Category – April 2015

Durango Village Gets Physical

6048 S DurangoBarton Hyde of Avison Young represented Durango Real Estate Partners c/o: 1844 Properties in the lease of 3,217 square feet of Office space at the Durango Village, 6048 S. Durango Dr., Las Vegas, NV 89113. The lessee, PR Acquisitions Corp dba: Select Physical Therapy was represented by Tammy Lawrence of The Force Realty and will occupy Suite 100/105 for a term of 63 Months. The total consideration for this lease is $330,550.00 bringing the average per square foot lease rate to $1.63.

Cushman & Wakefield Reps Villa La Paloma, LLC in Retail Renewal

2642 W. Horizon Ridge PkwyDan Hubbard and Todd Manning of Cushman & Wakefield Commerce, recently represented Villa La Paloma LLC in the lease renewal of 780 sf of retail space located at 2642 W. Horizon Ridge Pkwy, Henderson, NV 89052. The lease is for 36 months and the transaction is valued at $56,944.80. The reported average rent equals $2.02 per square foot.

The Steamy Weenie Signs 1,245 SF Lease at Pebble Marketplace

1500 N. Green Valley Pkwy (1)Dan Hubbard and Todd Manning of Cushman & Wakefield Commerce, recently represented The Steamy Weenie in the leasing of 1,245 sf of retail space located at 1500 N. Green Valley Plwy #130, Henderson, NV 89074. David Grant of Colliers International represented Donahue Schriber Realty Group LP.. The lease is for 60 months and the transaction is valued at $218,124.12. The reported average rent equals $2.92 per square foot.

Pawn Plaza Inks New Lease to Rick’s Rollin Smoke Barbeque and Tavern

Pawn PlazaDan Hubbard and Todd Manning of Cushman & Wakefield Commerce, recently represented Harrison Properties LTD in the leasing of 2,304 sf of retail space located at 725 S. Las Vegas Blvd., Las Vegas, NV 89005 to Rick’s Rollin Smoke Barbeque and Tavern LLC. The lease is for 36 months and the transaction is valued at $712,143.36. The reported average rent equals $8.58 per square foot.

Mary Crest Corporate Park Gets New Tenant

1111 Mary Crest RdChris Lexis and Joe Leavitt of Avison Young represented Mary Crest, LLC in the lease of 2,660 square feet of Industrial space at the Mary Crest Corporate Park, 1111 Mary Crest Road, Henderson, NV 89074. The lessee, Medical Services of America was represented by Charles Coogle of Reiss Properties and will occupy Suite C. The total consideration for this 36 month lease is $60,000.00 bringing the average per square foot lease rate to $0.67.

Avison Young Assists River Valley, LLC with Building Purchase

avison-youngKris Watier and Brian Seibold of Avison Young represented River Valley, LLC in the purchase of 7,000 square feet of Industrial space at the Whitney Mesa Business Park, 1879 Whitney Mesa Drive, Henderson, 89014. The Seller, Realland, LLC was represented by Jody Wallace of Signature Real Estate Group. The total consideration for this purchase was $700,000.00 bringing the per square foot purchase price to $100.00.

Jones Corporate Park Breaks Ground

$RULRT18Panattoni Development Company broke ground on its Jones Corporate Park this month at the northwest corner of Sunset Road and Jones Boulevard. This industrial business park will include two buildings of equal size totaling approximately 416,000 square feet, providing existing and new businesses relocating to the southwest Las Vegas submarket with new Class A industrial space.

Commercial Executives Paves The Way In Boulder City

1404 ColoradoSalina Ramirez of Commercial Executives Real Estate Services, recently represented Mike & Teresa Giroux in the leasing of 24,233sf office/flex space located at 1404 Colorado St., Boulder City, NV 89005 to Las Vegas Paving Corporation represented by Darren Lemon. The lease is for 42 months and the transaction is valued at $825,816. The reported average rent equals $0.81 per square foot.

Colliers Deal of Note

Colliers Logo

A lease to Specialty Color Corp. Inc. The approximately 5,007 square-foot industrial property is located in the Eldorado Business Center at 7485 Dean Martin Dr., Suite 102 in Las Vegas. Dean Willmore SIOR of Colliers International represented the lessor, TLF Logistics II Eldorado Business Center LLC.

A lease to Seamless Motorcars LLC. The approximately 2,631 square-foot industrial property is located in the Eldorado Business Center at 7485 Dean Martin Dr., Suite 108 in Las Vegas. Dean Willmore SIOR of Colliers International represented the lessor, TLF Logistics II Eldorado Business Center LLC.

A lease to Del Kora Stone Inc. The approximately 7,200 square-foot industrial property is located at 4640 S. Valley View Blvd., Unit F, G and H in Las Vegas. Renae Russo KP of Colliers International represented the lessee.

A lease to JMAC Plumbing and AC LLC. The approximately 9,767 square-foot industrial property is located at 4225 W. Post Rd. in Las Vegas. Dan Doherty SIOR, Susan Borst CCIM, Chris Lane and Jerry Doty of Colliers International represented the lessee.

A lease to Cinetrix LLC. The approximately 5,562 square-foot industrial property is located in the Saddleback Park West Business Park at 6398 Montessouri St. in Las Vegas. Dan Doherty SIOR, Susan Borst CCIM, Chris Lane and Jerry Doty of Colliers International represented the lessor, Post LP.

A lease to Belluscious Productions USA. The approximately 2,160 square-foot industrial property is located in the Sandhill Airport Park at 6330 Sandhill Rd. in Las Vegas. Dan Doherty SIOR, Susan Borst CCIM, Chris Lane and Jerry Doty of Colliers International represented the lessor, TheoPacific Las Vegas I LLC.

A lease to Juan and Lupita Quintana, MixTix Salon. The approximately 1,050 square-foot retail property is located in the Pecos Legacy Center at 2548 Wigwam Pkwy. in Henderson. Scot Marker of Colliers International represented the lessor, Centra Pecos Legacy LLC.

 


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