Jacqueline Young and Liz Clare, CCIM of Avison Young represented the seller, Monterey Vista Village Shopping Center in the sale of a 10,245 retail building located at 193 North Gibson Road in Henderson, Nevada to the buyer, TLM Holdings LLC. The total value of the transaction was $2,650,000.
Category – Avison Young
Scott Donaghe of Avison Young represented the landlord, CIII in the 60 month lease of 2,588 SF at 411 Bonneville Square to Madyson Capital Management. The total value of the office transaction was $280,300.
Barton Hyde and Scott Donaghe of Avison Young represented the landlord, C-3 Asset Management in the 120 month lease of 35,528 square feet located at 2650 North Tenaya Road to DaVita Medical Management Services Nevada. The complicated transaction to consolidate 3 of DaVita’s medical specialties under one roof, all with different lease expiration dates, took almost a year to negotiate and complete. Dan Palmeri of Cushman & Wakefield represented the tenant. The medical office lease is valued at $4,855,257. This building is now 100% occupied.
Keith Lipton, Chief Operating Officer, U.S. Operations for Avison Young, the world’s fastest-growing commercial real estate services company, announced today that highly regarded property management specialist Natalie Allred has joined the firm in Las Vegas.
Effective immediately, Allred becomes a Principal of Avison Young and Vice-President of Property Management in Las Vegas. She will lead the firm’s local property management group with a mandate to facilitate continued client satisfaction while integrating with Avison Young’s national investor services platform to attract new clients. She will also collaborate with colleagues in Las Vegas on the expansion of local office operations through the recruitment of property management, sales and leasing specialists. In addition, she will liaise with Avison Young’s corporate leaders to grow the company’s footprint in Southern Nevada.
Allred brings more than 25 years of experience in all facets of commercial property and asset management experience to Avison Young, most recently as an executive vice-president at The Equity Group in Las Vegas. In her new role, she will work closely with David Jewkes, who joined Avison Young’s Las Vegas office in June 2017 as Managing Director, Brokerage Operations.
“We’re excited to have Natalie join Avison Young to lead our property management group in Las Vegas,” comments Lipton. “Her experience in leading other property management professionals in meeting the investment goals of both high-profile private wealth and institutional investors makes this a truly ‘take-notice’ hire for Avison Young. Natalie’s depth of experience in managing all segments of commercial property, including retail, mixed-use, residential, class A office, industrial and hospitality real estate, will benefit our clients as they seek to manage individual sites and portfolios in the competitive Las Vegas marketplace.”
Lipton continues: “Natalie brings day-to-day, hands-on experience managing portfolios and delivering clients true value through tenant retention and satisfaction. Furthermore, her presence will enable us to provide our clients with a tremendous bench of market leaders as we recruit new talent for our growing Las Vegas operations.”
During her career, Allred has directly or asset managed more than 15 million square feet (msf) of retail, office, industrial, commercial property associations, hotels, residential condominium associations, and multi-family properties.
“I am honored to become part of an outstanding commercial real estate firm, and to bring my years of experience and expertise to Avison Young’s Las Vegas office,” says Allred. “The opportunity to become a Principal within a collaborative culture that executes a client-centric business model was very attractive to me. I look forward to expanding our property management team in Las Vegas as we provide creative real estate solutions for our clients.”
Barton Hyde and Scott Donaghe of Avison Young represented both the landlord, Henderson Medical Properties and the tenant, Nevada Eye Physicians in the 120 month lease of a 9,307 square foot medical office suite located at 1505 Wigwam Parkway, Suites 101 & 102. The total value of the transaction was $2,352,000.
Scott Donaghe of Avison Young represented the landlord, Lone Mountain Village West in the 124 month, 1,202 square foot retail lease at 3390 Novat Street, C120, Las Vegas to the tenant, Cow3, LLC. The total value of the transaction was $276,000.
Mark E. Rose, Chair and CEO of Avison Young, the world’s fastest-growing commercial real estate services company, announced today that highly regarded industry veteran David Jewkes has joined the firm as Managing Director, Brokerage Operations in Las Vegas. Effective immediately, Jewkes will provide overall management and leadership of Avison Young’s brokerage operations in Las Vegas. He brings more than 25 years of commercial real estate management and transaction experience to Avison Young, most recently as Senior Vice-President, Nevada with Cushman & Wakefield.
“We are thrilled that David has decided to take on this leadership role with us in Las Vegas,” comments Rose. “David’s extensive work providing strategic client services in all sectors of commercial real estate over the last 25 years – and his thoughtful approach – will complement Avison Young’s collaborative culture.” Rose continues: “David has a sterling reputation as an advisor to institutional and regional investors and is known for his business development acumen, having successfully grown asset services portfolios and attracted top transactional professionals in his prior roles. As he serves as Managing Director, Brokerage Operations, his leadership, focus and dedication to innovation will be excellent additions to our company as we continue to execute on strategic expansions domestically and abroad.”
During his career, Jewkes has served clients in Nevada, California, Utah and Arizona. In addition to managing operations, he has developed specific expertise in business development and investor service. “David’s lengthy experience, along with his investment sales expertise and the respect that he has gained in the Las Vegas business community, will be of tremendous value to our clients and company,” states Earl Webb, Avison Young’s President of U.S. Operations. “Furthermore, David’s experience with investment transactions will help us expand our leasing services, and his presence alone will help us recruit top real estate talent.
Liz Clare, CCIM and Jacqueline Young of Avison Young represented both parties in the 64 month lease of 1,208 square feet at 3525 South Fort Apache Road, Suite 130 to Farmers Insurance. The landlord was Monteray Vista, LLC. This retail transaction was valued at $116,693.00.
Liz Clare, CCIM and Jacqueline Young of Avison Young represented the landlord, Monterey Vista Village Shopping Center in the 1,120 SF 27 month lease to Vap O Rise at 3525 Fort Apache, Suite 105. The total value of the retail transaction was $42,650.