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Category – September 2017

The Equity Group Represents Recent Sale And Lease Transactions

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1901-1919 Industrial Rd - The Equity Group’s Steve Nosrat represented the Seller

The asset sold for – $1,490,000 ($165.81/SF) on Fri 9/29/2017

Estimated Lot Size: 1.3 AC

Date – Sep 2017

Sale Type – Owner/User

 

2111 Industrial Rd - The Equity Group represented Landlord and Tenant -

Steve Nosrat represented the Landlord and Nolan Julseth-White represented the Tenant

Occupancy – Direct Lease

SF Occupied – 6,300 SF

Space Use – Auto Dealership

Location Type – Single Location

Lease Began – Oct 1, 2017

Lease Expires - Oct 1, 2020 with one 2 year option

Rental Rate – $90,000/annual with 3% annual rent increase – Lease value $278,181

Cushman & Wakefield Transactions

6320sandhillBlack Mountain Fulfillment, LLC leased 4,636 SF of industrial space at 6320 Sandhill Rd, Ste 5, Las Vegas 89120. Travis Noack, Kimberly Noack-Summers, and Warren Noack of Cushman & Wakefield Commerce represented the lessee.

 

 

 
6655saharaMary L Segura leased 1,247 SF of office space at Marbeya Business Park, 6655 W Sahara Ave, Ste A212, Las Vegas 89146. Nick Barber and Paula Lea, CCIM of Cushman & Wakefield Commerce represented the lessor, Pacific Peninsula, LLC.

 

 

1505wigwamAllcare for Women, LLC leased 4,554 SF of office space at 1505 Wigwam Ave, Ste 201A, Henderson 89046. Nick Barber of Cushman & Wakefield Commerce represented the lessee.

 

 

 
7341charlestonRhinehart & Associates leased 849 SF of office space at Pines Office Center, 7341 W Charleston Blvd, Ste 130, Las Vegas 89117. Nick Barber of Cushman & Wakefield Commerce represented the lessor, Pines Office Center, LLC.

 

 

 
5120decaturNile Tax and Insurance, LLC leased 1,440 SF of retail space at 5120 S Decatur Blvd, Ste 104, Las Vegas 89118. Lauren Tabeek, CCIM and Katelyn Panella of Cushman & Wakefield Commerce represented the lessor, Enterprise Leasing Company-West, LLC.

 

 

3883howardRBC Capital Markets, LLC leased 3,934 SF of office space at Hughes Center, 3883 Howard Hughes Pkwy, Ste 150, Las Vegas 89169. Jayne Cayton and Matt Kreft of Cushman & Wakefield Commerce represented the lessee.

 

 

7131craigRAI West Craig, LLC leased 3,729 SF of retail space at Craig Marketplace, 7131 W Craig Rd, Ste 101, Las Vegas 89129. Dan Hubbard of Cushman & Wakefield Commerce represented the lessee.

 

 
400 4th
L Maningo, LLC, dba Maningo Law leased 2,247 SF of office space at City Centre Place, 400 S 4th St, Ste 601, Las Vegas 89101. Bob Hawkins and Jayne Cayton of Cushman & Wakefield Commerce represented the lessor, DIG, CCP, LLC, a Delaware limited liability company.

 

9005pecosAW Ventures, LLC leased 2,076 SF of office space at 9005 S Pecos Rd, Ste 2610, Henderson 89074. Nick Barber of Cushman & Wakefield Commerce represented the lessor, 9005-9089 South Pecos Road, LLC.

 

 

 

8010saharaPremier Realty Group, LLC renewed 4,224 SF of office space at Money World Center, 8010 W Sahara Ave, Ste 140, Las Vegas 89117. Nick Barber of Cushman & Wakefield Commerce represented the lessor, SCCP I&II Sahara, LLC.

 

 

 
The Learning Center, Inc renewed 12,141 SF of office space at Rainbow Business Center, 777 N Rainbow Blvd, Ste 150, Las Vegas 89107. Nick Barber of Cushman & Wakefield Commerce represented the lessor, Rainbow Business Center, LLC.

 

 

Steven DeLisle, DDC, PC leased 1,189 SF of retail space at 6414 S Fort Apache Rd, Ste 150, Las Vegas 89148. Lauren Tabeek, CCIM and Katelyn Panella of Cushman & Wakefield Commerce represented the lessor, LI Portfolio Holdings, LLC.
Westco Investment, LLC leased 3,473 SF of industrial space at Speedway Commerce Center, Ste 101, Las Vegas 89115. Jennifer Levine, CCIM and Elizabeth Moore of Cushman & Wakefield Commerce represented the lessee.

4675tecoAggregate Industries-SWR, Inc leased 2,076 SF of industrial space at 4675 W Teco Ave, Ste 140-150, Las Vegas 89118. Alma Cuevas of Cushman & Wakefield Commerce represented the lessee. Jayne Cayton of Cushman & Wakefield Commerce was the referring broker.

 

 

 
Your Choice – Behavioral Services, LLC leased 1,160 SF of office space at Desert Inn Office Center, 2755 E Desert Inn Rd, Ste 250, Las Vegas 89121. Pete Janemark, CCIM of Cushman & Wakefield Commerce represented the lessor, 2625 GV, LLC.

Uceda School of Las Vegas expanded their office space by 1,173 SF at Desert Inn Office Center, 2755 E Desert Inn Rd, Ste 100, Las Vegas 89121. Pete Janemark, CCIM of Cushman & Wakefield Commerce represented the lessor, 2625 GV, LLC.

3231decaturMitchell Bryant renewed 1,270 SF of office space at Red Feather Plaza, 3231 N Decatur Blvd, Ste 125, Las Vegas 89130. Pete Janemark, CCIM represented the lessor, Red Feather Property, LLC.

 

 

 
7391charlestonHospitalists of Nevada, Inc renewed 2,250 SF of office space at Pines Office Center, 7391 W Charleston Blvd, Ste 140, Las Vegas 89117. Nick Barber of Cushman & Wakefield Commerce represented the lessor, Pines Office Center, LLC.

 

 

 
9005pecosJeff Feildstad expanded office space by 4,424 SF at Sansone Pecos, 9005 S Pecos Rd, Ste 2530, Henderson 89074. Nick Barber of Cushman & Wakefield Commerce represented the lessor, 9005-9089 South Pecos Road, LLC.

 

 

 

Navy Federal Credit Union, a federally chartered credit union leased 4,000 SF of retail space at 6311 N Decatur Blvd, Las Vegas 89130. Dan Hubbard of Cushman & Wakefield Commerce represented the lessee.

3993howardThe Law Offices of Paras Barnett leased 3,427 SF of office space at The HC Howard Hughes Center, 3993 Howard Hughes Pkwy, Ste 780 Las Vegas 89169. Bob Hawkins of Cushman & Wakefield Commerce represented the lessee.

 

 

 

Grobl & Associates, Ltd leased 2,881 SF of industrial space at Cameron Nevso Commerce Center, 4625 W Nevso Dr, Ste 1-3, Las Vegas 89103. Alma Ceuves of Cushman & Wakefield Commerce represented the lessor, EQ Nevso, LLC. Nick Barber of Cushman & Wakefield Commerce was the referral broker.

Cushman & Wakefield Adds To Flurry Of Activity

cushmanBlack Mountain Fulfillment, LLC leased 4,636 SF of industrial space at 6320 Sandhill Rd, Ste 5, Las Vegas 89120. Travis Noack, Kimberly Noack-Summers, and Warren Noack of Cushman & Wakefield Commerce represented the lessee.

 

Mary L Segura leased 1,247 SF of office space at Marbeya Business Park, 6655 W Sahara Ave, Ste A212, Las Vegas 89146. Nick Barber and Paula Lea, CCIM of Cushman & Wakefield Commerce represented the lessor, Pacific Peninsula, LLC.

 

Allcare for Women, LLC leased 4,554 SF of office space at 1505 Wigwam Ave, Ste 201A, Henderson 89046. Nick Barber of Cushman & Wakefield Commerce represented the lessee.

 

Rhinehart & Associates leased 849 SF of office space at Pines Office Center, 7341 W Charleston Blvd, Ste 130, Las Vegas 89117. Nick Barber of Cushman & Wakefield Commerce represented the lessor, Pines Office Center, LLC.

 

Nile Tax and Insurance, LLC leased 1,440 SF of retail space at 5120 S Decatur Blvd, Ste 104, Las Vegas 89118. Lauren Tabeek, CCIM and Katelyn Panella of Cushman & Wakefield Commerce represented the lessor, Enterprise Leasing Company-West, LLC.

 

RBC Capital Markets, LLC leased 3,934 SF of office space at Hughes Center, 3883 Howard Hughes Pkwy, Ste 150, Las Vegas 89169. Jayne Cayton and Matt Kreft of Cushman & Wakefield Commerce represented the lessee.

 

RAI West Craig, LLC leased 3,729 SF of retail space at Craig Marketplace, 7131 W Craig Rd, Ste 101, Las Vegas 89129. Dan Hubbard of Cushman & Wakefield Commerce represented the lessee.

 

L Maningo, LLC, dba Maningo Law leased 2,247 SF of office space at City Centre Place, 400 S 4th St, Ste 601, Las Vegas 89101. Bob Hawkins and Jayne Cayton of Cushman & Wakefield Commerce represented the lessor, DIG, CCP, LLC, a Delaware limited liability company.

 

jpg AW Ventures, LLC leased 2,076 SF of office space at 9005 S Pecos Rd, Ste 2610, Henderson 89074. Nick Barber of Cushman & Wakefield Commerce represented the lessor, 9005-9089 South Pecos Road, LLC.

 

Premier Realty Group, LLC renewed 4,224 SF of office space at Money World Center, 8010 W Sahara Ave, Ste 140, Las Vegas 89117. Nick Barber of Cushman & Wakefield Commerce represented the lessor, SCCP I&II Sahara, LLC.

 

The Learning Center, Inc renewed 12,141 SF of office space at Rainbow Business Center, 777 N Rainbow Blvd, Ste 150, Las Vegas 89107. Nick Barber of Cushman & Wakefield Commerce represented the lessor, Rainbow Business Center, LLC.

 

Steven DeLisle, DDC, PC leased 1,189 SF of retail space at 6414 S Fort Apache Rd, Ste 150, Las Vegas 89148. Lauren Tabeek, CCIM and Katelyn Panella of Cushman & Wakefield Commerce represented the lessor, LI Portfolio Holdings, LLC.

 

Westco Investment, LLC leased 3,473 SF of industrial space at Speedway Commerce Center, Ste 101, Las Vegas 89115. Jennifer Levine, CCIM and Elizabeth Moore of Cushman & Wakefield Commerce represented the lessee.

 

Aggregate Industries-SWR, Inc leased 2,076 SF of industrial space at 4675 W Teco Ave, Ste 140-150, Las Vegas 89118. Alma Cuevas of Cushman & Wakefield Commerce represented the lessee. Jayne Cayton of Cushman & Wakefield Commerce was the referring broker.

 

Choice – Behavioral Services, LLC leased 1,160 SF of office space at Desert Inn Office Center, 2755 E Desert Inn Rd, Ste 250, Las Vegas 89121. Pete Janemark, CCIM of Cushman & Wakefield Commerce represented the lessor, 2625 GV, LLC.

 

Uceda School of Las Vegas expanded their office space by 1,173 SF at Desert Inn Office Center, 2755 E Desert Inn Rd, Ste 100, Las Vegas 89121. Pete Janemark, CCIM of Cushman & Wakefield Commerce represented the lessor, 2625 GV, LLC.

 

Mitchell Bryant renewed 1,270 SF of office space at Red Feather Plaza, 3231 N Decatur Blvd, Ste 125, Las Vegas 89130. Pete Janemark, CCIM represented the lessor, Red Feather Property, LLC.

 

Hospitalists of Nevada, Inc renewed 2,250 SF of office space at Pines Office Center, 7391 W Charleston Blvd, Ste 140, Las Vegas 89117. Nick Barber of Cushman & Wakefield Commerce represented the lessor, Pines Office Center, LLC.

 

Jeff Feildstad expanded office space by 4,424 SF at Sansone Pecos, 9005 S Pecos Rd, Ste 2530, Henderson 89074. Nick Barber of Cushman & Wakefield Commerce represented the lessor, 9005-9089 South Pecos Road, LLC.

 

Navy Federal Credit Union, a federally chartered credit union leased 4,000 SF of retail space at 6311 N Decatur Blvd, Las Vegas 89130. Dan Hubbard of Cushman & Wakefield Commerce represented the lessee.

 

The Law Offices of Paras Barnett leased 3,427 SF of office space at The HC Howard Hughes Center, 3993 Howard Hughes Pkwy, Ste 780 Las Vegas 89169. Bob Hawkins of Cushman & Wakefield Commerce represented the lessee.

 

 

Grobl & Associates, Ltd leased 2,881 SF of industrial space at Cameron Nevso Commerce Center, 4625 W Nevso Dr, Ste 1-3, Las Vegas 89103. Alma Ceuves of Cushman & Wakefield Commerce represented the lessor, EQ Nevso, LLC. Nick Barber of Cushman & Wakefield Commerce was the referral broker.

Northcap Multifamily Reps Buyer Of 218 E. Merlayne

218 Merlaynenorthcap-logoRobin WillettDevin Lee, CCIMJerad Roberts, and Jason Dittenber, of Northcap Multifamily, are pleased to announce the recent sale of 218 E Merlayne for $420,000. This sale consisted of 8 multifamily units, located at 218 E Merlayne Drive in Las Vegas, NV.

This transaction closed on September 15, 2017. Northcap Multifamily represented the Buyer in this transaction.

Colliers “Leafs” Summer Behind – Welcomes Fall With New Deals

colliersA sale to Valley Freeway Industrial Park LLC. The approximately 113,531 square foot industrial property is located in Valley Freeway Center at 7705, 7715 & 7725 Commercial Way in Henderson. The transaction value was $13,780,000. Mike DeLew, SIOR of Colliers International represented the seller, VFC III Industrial Buildings LLC. Greg Pancirov, SIOR of Colliers International represented the buyer.

 

A sale to Forever Young International Inc. The approximately 19,540 square foot industrial property is located at 6744 Spencer St. in Las Vegas. The transaction value was $2,637,900. Eric Molfetta, CCIM and Chris Zunis of Colliers International represented the buyer.

 

A sale to Haase LLC. The approximately 7,981 square foot industrial property is located in Post Industrial Center at 4749 W. Post Rd. in Las Vegas. The transaction value was $1,116,000. Brian Riffel and Tyler Jones of Colliers International represented the seller, 215 Decatur Holdings LLC. Mike DeLew, SIOR and Greg Pancirov, SIOR of Colliers International represented the buyer.

 

A sale to Mosaic Seven LLC. The approximately 2 acre land parcel is located at 9525 W. Serene Ave. (APN: 176-19-701-002) in Las Vegas. The transaction value was $752,000. Vince Schettler of Colliers International represented the buyer.

 

A sale to Kenneth J Walter and Pamela Walter. The approximately 2,687 square foot industrial property is located in Northpointe Business Center at 4240 N. Lamb Blvd., Suite 105 in Las Vegas. The transaction value was $292,500. Dean Willmore, SIOR of Colliers International represented the seller, FJM Northpointe Associates LLC. Alex Stanisic of Colliers International represented the buyer.

 

A lease to Global Sourcing Specialist LLC. The approximately 11,526 square foot industrial property is located in The Spectrum of Las Vegas at 76 Spectrum Blvd. in Las Vegas. Mike DeLew, SIOR and Greg Pancirov, SIOR of Colliers International represented the lessor, Harsch Investment Properties-Nevada II.

 

A lease renewal to TruckPro LLC. The approximately 10,476 square foot industrial property is located in Nellis Industrial Park #1 at 4502 Mitchell St. in North Las Vegas. Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the lessor, ICON PAC Nevada Owner Pool 3 Nevada.

 

A lease to Grow Generation Corporation. The approximately 5,050 square foot industrial property is located in Craig-Losee Business Center at 4310 Losee Rd. in North Las Vegas. Suzette LaGrange, CCIM and Kara Walker, CCIM of Colliers International represented the lessor, EFW LLC.

 

A lease to Polar Shades Inc. The approximately 3,875 square foot industrial property is located in Sunset Pointe Industrial Center at 545 W. Sunset Rd. in Henderson. Mike DeLew, SIOR and Greg Pancirov, SIOR of Colliers International represented the lessor, Sunset Pointe Group LLC.

 

A lease to Daybreak Christian Fellowship. The approximately 3,713 square foot office property is located in Origin Business Park at 7385 Prairie Falcon Rd. in Las Vegas. Rebecca Staniec of Colliers International represented the lessor, Patricia Iwamoto.

 

A lease to RBNV 1 Inc. (R Burgers). The approximately 3,270 square foot retail property is located in Warm Springs Marketplace at 7215 S. Eastern Ave. in Las Vegas. David A. Grant of Colliers International represented the lessor, LD Warm Springs LLC.

 

A lease to Anders & Assoc. Physical Therapy LLC. The approximately 1,189 square foot retail property is located in Aliante Marketplace at 2690 Deer Springs Way in North Las Vegas. David A. Grant of Colliers International represented the lessor, Aliante Plaza LLC.

 

A lease to King’s Palace Inc. dba House of Victory. The approximately 1,071 square foot office property is located in Desert Professional Plaza at 2225 E. Flamingo Rd., Suite 205 in Las Vegas. Stacy Scheer, CCIM, LEED GA and Steven Haynes of Colliers International represented the lessor, Diamond Creek Holdings LLC and the lessee.

Sun Commercial Is Set To Close Out September Strong

Sun LogoThe Sale of an office building was completed on September 8, 2017. The 71,024 square foot office space is located at 8912 Spanish Ridge Avenue, Las Vegas, NV 89148. The total value of the transaction was $17,600,000.00. Cathy Jones, Jeff Hachquet, Paul Miachika, Roy Fritz, Jessica Cegavske and Jennifer Lehr of Sun Commercial Real Estate, Inc. represented the Seller, SKG Park at Spanish Ridge, LLC and the Buyer was unrepresented.

 

 

The Sale of two industrial buildings was completed on September 7, 2017. The 87,513 square foot industrial buildings are located at 3101 E Craig Road and 4380 Donovan Way, North Las Vegas, NV 89030. The total value of the transaction was $8,200,000.00. Cathy Jones, Paul Miachika, Roy Fritz, Jessica Cegavske and Jennifer Lehr of Sun Commercial Real Estate, Inc. represented the Seller, JRTL LTD and Mitchell Asset Group, Inc. represented the Buyer, Gatehouse Las Vegas REI.

 

The Sale of an office building was completed on September 8, 2017. The 41,385 square foot office space is located at 8918 Spanish Ridge Avenue, Las Vegas, NV 89148. The total value of the transaction was $7,200,000.00. Cathy Jones, Jeff Hachquet, Paul Miachika, Roy Fritz, Jessica Cegavske and Jennifer Lehr of Sun Commercial Real Estate, Inc. represented the Seller, SKG Park at Spanish Ridge, LLC and Paul Chaffee and Wil Chaffee of Sun Commercial Real Estate, Inc. represented the Buyer, New Spanish Ridge, LLC.

 

The Sale of three retail buildings was completed on September 6, 2017. The 28,560 square foot buildings are located at 1736 &1800 Las Vegas Boulevard and 1711 S. Main Street, Las Vegas, NV 89104. The total value of the transaction was $6,350,000.00. Paul Chaffee and Wil Chaffee of Sun Commercial Real Estate, Inc. represented the Seller, Grant Investments, LLC; Bali Family Trust, Gary & Christine Underhill; and Edward B. Underhill 1988 Living Trust.

 

The Sale of an industrial building was completed on August 31, 2017. The 5,520 square foot space is located at 9085 W. Post Road, Las Vegas, NV 89148. The total value of the transaction was $1,250,000.00. Lisa Hauger, Timothy Erickson, and Tim Behrendt of Sun Commercial Real Estate, Inc. represented the Seller, EJR Partnership and POA Commercial represented the Buyer, POA Commercial.

 

The Lease with Internet Marketing SEO, Inc. was completed on September 18, 2017. The 2,866 square foot office space is located at 3755 Breakthrough Way, Las Vegas, NV 89135. The total value of the transaction was $444,172.68. Paul Chaffee and Wil Chaffee of Sun Commercial Real Estate, Inc. represented the Tenant, Internet Marketing SEO, Inc. and Cushman & Wakefield Commerce represented the Landlord, DIG BT Way, LLC.

 

The Lease with Gino Mauriello and Company, CPA, LLC was completed on August 15, 2017. The 2,554 square foot office space is located at 1607 E. Windmill Lane, Suite 200, Las Vegas, NV 89123. The total value of the transaction was $316,287.36. Sun Commercial Real Estate, Inc. represented the Landlord, Haikal Exemption Trust and the Tenant was unrepresented.

 

The Lease with Lonardo & Jacovino, LLC was completed on September 18, 2017. The 1,507 square foot office space is located at 7881 W. Charleston Boulevard, Suite 160, Las Vegas, NV 89117. The total value of the transaction was $104,683.71. Paul Chaffee and Wil Chaffee of Sun Commercial Real Estate, Inc. represented the Landlord, Howe Family L.P. and the Tenant was unrepresented.

 

The Lease with Acevedo Agency, LLC was completed on September 20, 2017. The 1,200 square foot retail space is located at 9640 W. Tropicana Avenue, Suite 200, Las Vegas, NV 89147. The total value of the transaction was $92,429.97. Rob Moore and Matt Patros of Sun Commercial Real Estate, Inc. represented the Landlord, Teepee Development, LLC and KW Commercial represented the Tenant, Acevedo Agency, LLC.

 

The Lease with Morris Law Center, LLC was completed on September 1, 2017. The 2,586 square foot office space is located at 5450 W. Sahara Avenue, Suite 330, Las Vegas, NV 89146. The total value of the transaction was $67,255.10. Renae Russo of Sun Commercial Real Estate, Inc. represented the Landlord, J&Z International Inc. and Debbie German of Sun Commercial Real Estate, Inc. represented the Tenant, Morris Law Center, LLC.

Commercial Executives Represent Recent Office Transactions

CESoozi Jones Walker, CCIM, SIOR and Bobbi Miracle, CCIM, SIOR of Commercial Executives Real Estate Services recently represented M&S Patrick I, LLC in the sale of 2,500+/- SF of office space located at 7219 W Sahara Avenue, Suite 100, Las Vegas, NV to Lily Sau-Chu Shao.  The transaction is valued at $452,688.

 

Soozi Jones Walker, CCIM, SIOR and Bobbi Miracle, CCIM, SIOR of Commercial Executives Real Estate Services recently represented JBRM, LLC in the leasing of 1,250 +/- RSF of office space located at 8455 W. Flamingo Road, Suite 5, Las Vegas, NV to Forever Home Realty, LLC. The lease is for 36 months and is valued at $61,756.

Christian Duffin Of Q10|Bonneville Secures Financing For 6475 & 6485 West Sunset

6485Sunset 215 West is an industrial property consisting of two buildings built in 2017 in the southwest industrial corridor along the I-215 freeway. It has seven dock-high doors that have a roof covering to protect products being loaded or unloaded from inclement weather or high heat. It also has three drive-in doors and the property has 32-foot ceiling clear heights. Approximately 10% of the industrial property is office build-out and it is visible from the I-215 freeway in-between Rainbow Blvd. and Jones Blvd.

Type of Transaction: Life Company Loan

Address: 6475 and 6485 West Sunset Road  Las Vegas, NV 89118

Mortgage Broker: Christian Duffin of Bonneville Real Estate Capital

Loan Amount: $6,000,000

Total Square Feet: 80,000

Details: The borrower requested a fixed rate, non-recourse loan with a fully amortizing 25 year term, which Bonneville Real Estate Capital was able to obtain through its Life Insurance sources.

Newmark Knight Frank Closes Large Retail Sale And Secures National Tenant Lease

Newmark1 logo

Newmark Knight Frank represented Roxbury, LLC in the sale of 205-245 N. Stephanie St., a 105,132 square foot retail shopping center, to Stephanie Promenade, LLC. Total consideration was $16,575,000.00. NKF’s Senior Managing Director Rob Ippolito and Director Michael Zobrist represented the seller in the transaction.

 

 

JC USA, Inc dba Jenny Craig Weight Loss Centre leased 1,545 square feet of retail space at 7345 S. Durango Dr, Ste 111., from DM Rhodes Ranch, LLC. Total consideration was $180,605.88. Director Michael Zobrist and Executive Managing Director Nelson Tressler of Newmark Knight Frank represented the lessor in the transaction.


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