Anthony & Sylvan Pools Corporation signed a 65-month $184,000 lease for 2,404 square feet of retail space at Lone Mountain Village West located at 3350 Novat Street, Suites 125-130 in Las Vegas. Phillip Roy of PR Properties Group represented the lessee and Jackie Young and Liz Clare, CCIM represented the lessor, Lone Mountain Village West. The reported average rent equals $1.18 per square foot.
Category – Avison Young
Doulas of Las Vegas signed a 40-month $52,821 lease for 940 square feet of office space at Horizon Ridge Professional Center located at 2298 W. Horizon Ridge Pkwy, Suite 215 in Las Vegas. Scott Donaghe of Avison Young represented the landlord, Horizon Ridge Professional Center.
Titan Real & Estate & Investment signed a 48-month $51,282 lease for 1,540 SF of office space at Rainbow Professional Center located at 2625 S. Rainbow C-106, in Las Vegas. Barton Hyde of Avison Young represented the landlord, Rainbow 2625.
Artsy Nannies signed a 64-month $308,000 lease for 2,302 square feet of retail space at Village Square located at 9420 W. Sahara #102, in Las Vegas. Liz Clare, CCIM and Jackie Young of Avison Young represented the lessor, G&I VIII Village Square, LLC. The reported average rent equals $2.09 per square foot.
SBV signed an 87-month $207,000 lease for 1,614 SF of retail space at Canyon Lakes located at 9134 W. Sahara, #2A in Las Vegas. Douglas Crook of Douglas Crook & Associates represented the tenant and Liz Clare, CCIM and Jackie Young of Avison Young represented the landlord, Canyon Lakes. The reported average rent equals $1.47 per square foot.
Avison Young released its Mid-Year 2016 North America, U.K. and Germany Office Market Report today. The report noted the North American, U.K. and German office sectors reported overall healthy leasing fundamentals at the mid-point of 2016. Despite positive absorption on both sides of the Canada-U.S. border, vacancy in Canada has risen, while the U.S. rate decreased year-over-year, bringing vacancy in the two countries into closer alignment than at any time since the Great Recession. The effects of depressed oil prices continue to be felt in certain U.S. and Canadian markets – a situation that may result in further volatility affecting local leasing metrics.
To view the full report, click here.
Blaze-N-Bling signed a 64 month $442,000 lease for 2,500 SF of retail space at The Annex located at 7680 S. Las Vegas Blvd, Suite 209 in Las Vegas. Shawn Preston of Signature Real Estate Group represented the lessee. Liz Clare, CCIM and Jackie Young of Avison Young represented the lessor LB-UBS 2007-C6 Annex REO, LLC. The reported average rent equals $2.76 per square foot.
Giang Lam, DDS signed an 84-month $196,000 lease for 1,400 square feet of retail space at Longford Shoppes @ Southern Hills located at 6545 S. Fort Apache #115, in Las Vegas. Joseph Pessin of Realty One Group represented the lessee and Liz Clare, CCIM, Jackie Young and Kris Watier of Avison Young represented the lessor, Monterey Vista Village Shopping Center. The reported average rent equals $1.67 per square foot.