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Category – Colliers

Colliers Transactions of Note

Grand Canyon Drive and Rochelle AvenueA sale to KJC Capital Holdings LLC. The approximately 0.72 acre land parcel is located on the southeast corner of Grand Canyon Dr. and Rochelle Ave. in Las Vegas. The transaction value was $325,000. Brian Fike of Colliers International represented the buyer, KJC Capital Holdings LLC and seller, Brentwood Heights LLC.
 

 
 
517 West Sunset RoadA lease to Bus Fleet North America Inc. The approximately 5,800 square foot industrial property is located in Sunset Pointe Industrial Center at 517 W. Sunset Rd. in Henderson. Mike DeLew, SIOR and Greg Pancirov, SIOR of Colliers International represented the lessor, Sunset Pointe Group LLC.

 

 

 

 
6035 Harrison Drive, Suite 1-2A lease to Michael E. Smith. The approximately 5,732 square foot industrial property is located in Patrick Airport Center at 6035 Harrison Dr., Suite 1-2 in Las Vegas. Mike DeLew, SIOR, Greg Pancirov, SIOR, Dean Willmore, SIOR, Chelsy Cardin and Alex Stanisic of Colliers International represented thelessor, Stockbridge Patrick and Mojave LLC.

 

 

 
DCIM100MEDIAA lease to 75 Degrees LLC. The approximately 4,991 square foot industrial property is located in Highland Industrial Center at 2910 S. Highland Dr., Suite F in Las Vegas. Chris Connell and Grant Traub of Colliers International represented thelessor, FKC Highland LLC.

 

 

 

 

DCIM100MEDIAA lease to Garage Solutions of Nevada Inc. The approximately 4,935 square foot industrial property is located in Highland Industrial Center at 2910 S. Highland Drive, Suite E in Las Vegas. Chris Connell and Grant Traub of Colliers International represented thelessor, FKC Highland LLC.

 

 

 

 
5140 Rogers Street, Suite A & BA lease to R&V Enterprises Inc. The approximately 4,800 square foot industrial property is located in Pace Commerce Center at 5140 Rogers St., Suite A & B in Las Vegas. Greg Pancirov, SIOR, Mike DeLew, SIOR and Dean Willmore, SIOR of Colliers International represented thelessor, FJM Vegas Holdings LLC.

 

 

 

 
6255 South Mojave Road, Suite GA lease to Nicewell International Corporation. The approximately 3,500 square foot industrial property is located in Mojave Airport Center at 6255 S. Mojave Rd., Suite G in Las Vegas. Mike DeLew, SIOR, Greg Pancirov, SIOR, Dean Willmore, SIOR, Chelsy Cardin and Alex Stanisic of Colliers International represented thelessor, Stockbridge Patrick and Mojave LLC.

 

 

 
5140 Rogers Street, Suite DA lease to Home by Jackie Inc. The approximately 3,112 square foot industrial (renewal) property is located in Pace Commerce Center at 5140 Rogers St., Suite D in Las Vegas. Mike DeLew, SIOR, Greg Pancirov, SIOR and Dean Willmore, SIOR of Colliers International represented thelessor, FJM Vegas Holdings LLC.

 

 

 

 
4483 West Reno AvenueA lease to Home by Jackie Inc. The approximately 2,727 square foot industrial (expansion) property is located in Pace Commerce Center at 4483 W. Reno Ave. in Las Vegas. Mike DeLew, SIOR, Greg Pancirov, SIOR and Dean Willmore, SIORof Colliers International represented the lessor, FJM Vegas Holdings LLC.

 

 

 

 
OLYMPUS DIGITAL CAMERAA lease to Shigeki Sato. The approximately 778 square foot office property is located in Flamingo Grand Plaza at 1050 E. Flamingo Rd., Suite E-229 in Las Vegas. Chris Connell and Grant Traubof Colliers International represented the lessor, FKC Flamingo LLC.

Colliers Mid-Year Report Shows Positive Outlook

colliersThe recovery and expansion of Southern Nevada’s commercial real estate market continued in the second quarter of 2017. The industrial and multifamily markets are keeping up with near record levels of new development, medical office has picked up its pace dramatically, professional office continues to improve and the retail market bounced back from negative net absorption in the first quarter.

The chief complaint of industrial brokers in 2016 was that they were turning away tenants because there were not enough large contiguous spaces on the market. In 2017, developers answered that challenge, constructing by midyear 3.7 million square feet of new industrial product, all of it in the form of large warehouse/distribution buildings. The market has answered with 3.6 million square feet of net absorption, indicating that indeed there was demand in Southern Nevada that was not being met prior to the new developments of 2017 entering the market. Industrial vacancy remains a low 5.4 percent and the average asking rate for industrial space has not suffered much for all of the new development.

“With Southern Nevada’s new industrial construction boom well underway, the result has been encouraging,” remarked John Stater, the research manager of Colliers International’s Las Vegas office.

The hot multifamily market has kept up with the industrial market in terms of construction in 2017. Inventory of multifamily in Southern Nevada could expand by more than 5,000 units this year, and so far demand is keeping pace. Multifamily vacancy is a very low 3.3 percent, and asking rents continue to rise. An expanding population and difficulty for some to qualify for home loans should keep demand for multifamily high in 2017 and 2018. Sales of multifamily projects are slower this year than last, although the average sales price is up significantly.

Sales of hospitality properties remained light in the second quarter of 2017, although the announced sale of the Stratosphere and Arizona Charlie’s could improve matters by the end of the year depending on when those sales are recorded. Visitor volume is a tad shy of where it was last year at this time, but gaming revenue continues to grow. A total of 2,143 rooms sold in the first half of 2017, with total sales volume of $69.5 million and an average sales price of $32,424 per room.

Mike Mixer, Executive Managing Director for Colliers Las Vegas said, “While sales volume in 2017 may not equal that recorded in 2016, the overall sales picture remained strong at mid-year.”

Southern Nevada’s office market saw dramatic improvement in the second quarter of 2017. After five years of recovery, the office market saw its strongest demand in nine quarters, with net absorption of 545,955 square feet. This brought vacancy down to 16.1 percent, while asking rents remained at $2.02 per square foot (psf) on a Full Service Gross (FSG) lease. Vacancy is probably too high and asking rates too low to stimulate a large number of new speculative office developments in the Valley, but niche development will likely begin soon.

The medical office market in Southern Nevada may have finally shaken off the turmoil, both economic and governmental, that has plagued for the past few years. Net absorption has been positive for over a year now and was especially strong in the second quarter of 2017. Vacancy is still elevated, but it is falling. Development is on the rise, and appears to be stimulating the market, perhaps bringing medical practitioners the space designs they need to compete in the changing health care landscape. Whether the next round of healthcare reform in Washington D.C. will knock things off kilter is unknown, but as of yet they do not appear to be dampening demand for medical office space in Southern Nevada.

Despite some headwinds created by the closure of some large anchor stores in Southern Nevada, the retail market is looking up. A weak first quarter was followed by a much stronger second, putting the Valley on pace to chock 2017 up as another year of retail recovery. The second half of the year will see significant new retail inventory with strong pre-leasing completed in Southern Nevada, which should boost net absorption numbers for the year as a whole, and contribute to continued decreases in the vacancy rate.

2017 at midyear presents a mixed bag for land sales. In terms of acres sold, only commercial land looks poised to match 2016 levels. Sales are down tremendously for industrial land in 2017, though it should be pointed out that industrial sales were exceptionally strong in 2016 and would be difficult to match. Residential sales are down slightly compared to 2016, and price per square foot of residential land is also down. The price decreased experienced in residential land sales is reversed for industrial and commercial land, with commercial land experiencing a significant increase in price per square foot. This leaves us with a 2017 in which the number of acres of land sold will likely decreased compared to 2016, while total sales volume will likely match or beat 2016 levels – and all of this in the face of increased (or in industrial’s case near record) levels of new development. Land sales have been relatively strong since 2013, when real estate development was very restrained. Sales might lag a bit in 2017, but at the rate developers are developing, another banner year cannot be far away assuming the local economy continues to grow.

The full second quarter report of 2017 can be downloaded at: http://www.colliers.com/en-us/lasvegas/insights/marketnews/lvqreport.

Colliers Las Vegas Closes 38+ Transactions In July…Active Market

COMPLETED SALE TRANSACTIONS:

 

3853 & 3873 East Craig RoadA sale to Craig Business Park LLC. The approximately 59,303 square foot industrial property is located in Craig Business Center at 3853 & 3873 E. Craig Rd. in North Las Vegas. The transaction value was $5,220,000. Mike DeLew, SIOR of Colliers International represented the seller, 1031 Services Inc QI for T Properties LLC. Greg Pancirov, SIOR of Colliers International represented the buyer.
 

COMPLETED LEASE TRANSACTIONS:

 

4151 North Pecos Road, Suite 205A lease to Warped and Real Proud Inc. The approximately 16,000 square foot industrial property is located in Las Vegas Corporate Center at 4151 N. Pecos Rd., Suite 205 in North Las Vegas. Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the lessee.
 

 

 

7200 SA lease to Touch Of Class Movers Inc. The approximately 6,297 square foot industrial property is located in Arroyo South Business Center (Phase I) at 7200 S. Montessouri St., Suite 140 in Las Vegas. Spencer Pinter of Colliers International represented thelessor, EJM Arroyo South I Property LLC.

 

 

 

 

6125 SA lease to LV Stadium Company LLC. The approximately 5,929 square foot industrial property is located in Valley View Corporate Center (Phase III) at 6125 S. Valley View Blvd., Suite C in Las Vegas. Spencer Pinter of Colliers International represented thelessor, Valley View I, II & III LLC.
 

 

 

 

 

 

6295 SA lease to Food Pro Distributing Inc. The approximately 4,800 square foot industrial property is located in Arrowhead Commerce Center (Bldg. 7) at 6295 S. Pearl St., Suite 1100 in Las Vegas. Spencer Pinter, Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented thelessor, KTR LV IV LLC.
 

 

 

 

4339 Corporate Center Drive, Suite 180A lease to Quality Charity Auctions LLC. The approximately 4,600 square foot industrial property is located in Corporate Center Business Park at 4339 Corporate Center Dr., Suite 180 in North Las Vegas. Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented thelessor, The Realty Associates Fund XI LP.
 

 

5215 Ponderosa WayA lease to 60East Technologies. The approximately 4,422 square foot office property is located at 5215 Ponderosa Way in Las Vegas. Ryan Martin, CCIM, SIOR, Taber Thill, SIOR, Patti Dillon, SIOR and Teddie Hickey of Colliers International represented thelessee.
 

 

 

2700 East Patrick Lane, Suite 7-8A lease to ESAC, a Nevada Corporation. The approximately 3,876 square foot industrial property is located in Patrick Airport Center at 2700 E. Patrick Ln., Suite 7-8 in Las Vegas. Mike DeLew, SIOR, Greg Pancirov, SIOR, Dean Willmore, SIOR, Chelsy Cardin and Alex Stanisic of Colliers International represented thelessor, Stockbridge Patrick and Mojave LLC.

 

 

 

 

241 West Charleston Boulevard, Suite 103A lease to Jeff Mitchell. The approximately 3,140 square foot office property is located in Holsum Design Center at 241 W. Charleston Blvd., Suite 103 in Las Vegas. Rebecca Staniecof Colliers International represented the lessor, LGC 231 LLC.
 

 

 

8840 South Maryland Parkway, Suite 100, 105 and 110A lease to Win Win RE LLC. The approximately 3,026 square foot office property is located in Scottsdale Plaza at 8840 S. Maryland Pkwy, Suite 100, 105 and 110 in Las Vegas. Chris Connell and Grant Traubof Colliers International represented the lessor, SREF Scottsdale Plaza LLLP.
 

 

 

1050-e-flamingo-roadA lease to One Nevada Credit Union. The approximately 1,744 square foot office property is located in Flamingo Grand Plaza at 1050 E. Flamingo Rd., Suite E-228 in Las Vegas. Chris Connell and Grant Traub of Colliers International represented thelessor, FKC Flamingo LLC.
 

 

 

 

1000 North Green Valley ParkwayA lease to Jamba Juice. The approximately 1,369 square foot retail property is located in Pebble Marketplace at 1000 N. Green Valley Pkwy. in Henderson. Scot Marker of Colliers International represented the lessor, CH Realty/VII.
 

 

 

 

 

8820 South Maryland Parkway, Suite 105A lease to Las Vegas Home Magazine Publishing. The approximately 1,267 square foot office property is located in Scottsdale Plaza at 8820 S. Maryland Pkwy., Suite 105 in Las Vegas. Chris Connell and Grant Traub of Colliers International represented the lessor, SREF Scottsdale Plaza LLLP.
 

 

 

 

605 Mall Ring CircleA lease to Sport Clips. The approximately 1,196 square foot retail property is located in Galleria Pavilion at 605 Mall Ring Circle in Henderson. Scot Marker of Colliers International represented the lessor, CIII Asset Management.
 

 

 

 

 

 

 

8784 South Maryland Parkway, Suite 120A lease to Sheri Tapani-DeBartolo M.Ed. The approximately 488 square foot office property is located in Scottsdale Plaza at 8784 S. Maryland Pkwy., Suite 120 in Las Vegas. Chris Connell and Grant Traub of Colliers International represented the lessor, SREF Scottsdale Plaza LLLP.

Recent Colliers Transactions of Note

  • DCIM100MEDIAA sale to E&E Group LLC. The approximately 14,000 square foot industrial property is located at 2975 S. Highland Dr. in Las Vegas. The transaction value was $1,350,000. Chris Connell and Grant Traub of Colliers International represented the seller, 2975 Highland LLC.

 

 

 

 

 

  • 6260 Stevenson Way, Suites A-BA lease to Golden Home Services LLC. The approximately 6,860 square foot industrial property is located at 6260 Stevenson Way, Suites A-B in Las Vegas. Dean Willmore, SIOR and Alex Stanisic of Colliers International represented the lessee.

 

 

 

 

  • 5145 South Arville Street, Suite D_E.jpgA lease to Urban Chic West Inc. The approximately 6,097 square foot industrial property is located in Pace Commerce Center at 5145 S. Arville St., Suite D/E in Las Vegas. Mike DeLew, SIOR, Greg Pancirov, SIOR and Dean Willmore, SIOR of Colliers International represented thelessor, FJM Vegas Holdings LLC.

 

 

 

 

  • 5320 Cameron StreetA lease to Pure Distribution LLC. The approximately 4,803 square foot industrial property is located in Cameron Hacienda at 5320 Cameron St. in Las Vegas. Chris Clifford, Steve Neiger and Brett Ratherof Colliers International represented the lessor, VTT-Cameron Properties LLC.

 

 

 

 

  • 573 West Sunset RoadA lease to Greenhill Air Inc. The approximately 3,875 square foot industrial property is located in Sunset Pointe Industrial Center at 573 W. Sunset Rd. in Henderson. Mike DeLew, SIOR and Greg Pancirov, SIOR of Colliers International represented the lessor, Sunset Pointe Group LLC.

 

 

 

 

  • 3950 East Sunset RoadA lease to Bliss Salon. The approximately 2,960 square foot retail property is located in Sunset Annie Oakley at 3950 E. Sunset Rd. in Las Vegas. Scot Marker of Colliers International represented the lessor, 3950 Sunset Rd. LLC.

 

 

 

 

  • 6623 Las Vegas BoulevardA lease to Nevada Teachers of Tomorrow. The approximately 2,802 square foot office property is located in Town Square at 6623 Las Vegas Blvd. in Las Vegas. Ryan Martin, CCIM, SIOR, Taber Thill, SIOR, Patti Dillon, SIOR and Teddie Hickey of Colliers International represented the lessee.

Colliers Las Vegas Keeps Deals Flying

COMPLETED SALE TRANSACTIONS:

 

2310 Western AvenueA sale to GDC Realty LLC. The approximately 17,298 square foot industrial property is located at 2310 Western Ave. in Las Vegas. The transaction value was $1,510,000. Dean Willmore, SIOR, Grant Traub and Chris Connell of Colliers International represented the seller, Clark County Credit Union.
 

 

 

 

7293 West Sahara AvenueA sale to 840 Alvarado Enterprises. The approximately 14,880 square foot retail property is located in Stone Canyon Shopping Center at 7293 W. Sahara Ave. in Las Vegas. The transaction value was $4,450,000. Chris Clifford, Steve Neiger and Brett Rather of Colliers International represented the seller, National Solutions LLC.
 

 

 

3919 East Cheyenne AvenueA sale to 3919 Cheyenne LLC. The approximately 4.9 acre land parcel is located at 3919 E. Cheyenne Ave. in Las Vegas. The transaction value was $880,000. Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the buyer.
 

 

COMPLETED LEASE TRANSACTIONS:

 

7900 West Sunset Road, Suite 400A lease to Blueprint Studios Trends Inc. The approximately 81,000 square foot industrial property is located in Southwest Corporate Campus at 7900 W. Sunset Rd., Suite 400 in Las Vegas. Susan Borst, CCIM, SIOR, Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the lessor, Southwest Corporate Campus LLC. Tom Naseef, CCIM, SIOR and Jeff Naseef of Colliers International represented the lessee.
 

 

6600 Bermuda RoadA lease to Bally’s Gaming. The approximately 32,700 square foot office property is located in Hughes Airport Center at 6600 Bermuda Rd. in Las Vegas. Taber Thill, SIOR, Pat Marsh, SIOR, Patti Dillon, SIOR, Ryan Martin, CCIM, SIOR, Teddie Hickey and Sam Newman of Colliers International represented the lessee.
 

 

 

751 West Warm Springs Road, Suite 115A lease to Flowers Baking Co. of Henderson LLC. The approximately 20,032 square foot industrial property is located in Harsch Henderson Commerce Center at 751 W. Warm Springs Rd., Suite 115 in Henderson. Greg Pancirov, SIOR and Mike DeLew, SIOR of Colliers International represented thelessor, Harsch Investment Properties-Nevada LLC.
 

 

 

3655 East Patrick Lane, Suite 100A lease to Deboys and Me LLC. The approximately 8,099 square foot industrial property is located in Arrowhead Commerce Center (Bldg. 8) at 3655 E. Patrick Ln., Suite 100 in Las Vegas. Spencer Pinter, Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented thelessor, KTR LV I LLC.
 

 

 

1045 American Pacific Drive, Suite 160A lease to Bearco USA Inc. The approximately 7,292 square foot industrial property is located in Pacific Business Center at 1045 American Pacific Dr., Suite 160 in Henderson. Greg Pancirov, SIOR and Mike DeLew, SIORof Colliers International represented the lessee.
 

 

 

2225 East Flamingo Road, Suite 100-103A lease to Shepherd’s Heart Services LLC. The approximately 6,785 square foot office property is located in Desert Professional Center at 2225 E. Flamingo Rd., Suite 100-103 in Las Vegas. Stacy Scheer, CCIM, LEED GA and Steven Haynes of Colliers International represented the lessor, Diamond Creek Holdings LLC.
 

 

 

4965 South Fort Apache Road, Suite 102-105A lease to Love Your Home LLC. The approximately 6,000 square foot retail property is located in Crossroads Plaza at 4965 S. Fort Apache Rd., Suite 102-105 in Las Vegas. Al Twainy, CCIM and Amelia Hydenof Colliers International represented the lessor, Crossroads Plaza LV LLC.
 

 

 

 

1075 American Pacific Drive, Suite BA lease to Cardiac Imaging Inc. The approximately 5,336 square foot industrial property is located in Pacific Business Center at 1075 American Pacific Dr., Suite B in Henderson. Greg Pancirov, SIOR and Mike DeLew, SIOR of Colliers International represented the lessee.
 

 

 

 

3022-3034 West Post Road, Building A #11-13A lease to Nevada State Pharmacy – Las Vegas LLC. The approximately 4,342 square foot industrial property is located in Harsch Post Commerce Center at 3022-3034 W. Post Rd., Building A #11-13 in Las Vegas. Greg Pancirov, SIOR and Mike DeLew, SIOR of Colliers International represented the lessee.
 

 

 

4675 West Teco Avenue, Suite 130A lease to Westinis Inc. The approximately 3,706 square foot industrial property is located in Decatur Crossing – Phase 3 at 4675 W. Teco Ave., Suite 130 in Las Vegas. Greg Pancirov, SIOR and Mike DeLew, SIOR of Colliers International represented the lessor, DC3 LLC.
 

 

 

2700 East Patrick Lane, Suite 6A lease to Blum Health and Fitness LLC. The approximately 3,500 square foot industrial property is located in Patrick Airport Center at 2700 E. Patrick Ln., Suite 6 in Las Vegas. Greg Pancirov, SIOR, Mike DeLew, SIOR, Dean Willmore, SIOR, Chelsy Cardin and Alex Stanisic of Colliers International represented the lessor, Stockbridge Patrick and Mojave LLC.
 

 

 

6720 Via Austi ParkwayA lease to Perl Mortgage. The approximately 3,485 square foot office property is located in Marnell Corporate Center IV at 6720 Via Austi Pkwy., Suite 350 in Las Vegas. Taber Thill, SIOR, Patti Dillon, SIOR, Ryan Martin, CCIM, SIOR and Teddie Hickey of Colliers International represented the lessor, TA Realty.
 

 

 

50 North Gibson Road, Suite 155-160A lease to Napa Technology LLC. The approximately 3,472 SF square foot industrial property is located in Gibson Wigwam Business Center at 50 N. Gibson Rd., Suite 155-160 in Henderson. Greg Pancirov, SIOR and Mike DeLew, SIOR of Colliers International represented the lessor, Pereyra 1992 Living Trust.
 

 

 

PCC 2A lease to Ibis Scientific Inc. The approximately 1,751 square foot industrial property is located in Patrick Commerce Center at 2875 E. Patrick Ln., Suite O in Las Vegas. Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the lessor, Harsch Investment Properties LLC.
 

 

 

 

4132 Sunset RoadA lease to Allstate Insurance. The approximately 1,607 square foot retail property is located in Green Valley Town and Country at 4132 Sunset Rd. in Henderson. Scot Marker of Colliers International represented the lessor, Wells Fargo.A lease to Mobile Physicians 24-7 LLC. The approximately 1,494 square foot industrial property is located at 3030 S. Jones Blvd., Suite 104 in Las Vegas. Stacy Scheer, CCIM, LEED GA and Steven Haynes of Colliers International represented the lessor, Adams Park LLC.

 

 

 

3950 East Sunset RoadA lease to Dominique Terry. The approximately 1,430 square foot retail property is located in Sunset Annie Oakley at 3950 E. Sunset Rd. in Las Vegas. Scot Marker of Colliers International represented the lessor, 3950 Sunset Rd. LLC.

 

 

 

 

4345 Corporate Center Drive, Suite 204A lease to Dion Saddler. The approximately 1,209 square foot industrial property is located in Corporate Center Business Park at 4345 Corporate Center Dr., Suite 204 in North Las Vegas. Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the lessor, The Realty Associates Fund XI LP.
 

 

 

4339 Corporate Center Drive, Suite 170A lease to Thompson’s Refrigeration LLC. The approximately 1,046 square foot industrial property is located in Corporate Center Business Park at 4339 Corporate Center Dr., Suite 170 in North Las Vegas. Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the lessor, The Realty Associates Fund XI LP.

Colliers Las Vegas Adds To Property Management Team

Gawaan Hureskin_©501 Studios_06_07_17_4497Colliers International – Las Vegas is proud to welcome Gawaan Hureskin as Property Manager in the Property Management Department.

Prior to joining Colliers, Hureskin spent 13 years in the Federal Housing Division working for the Department of Housing and Urban Development (HUD) in both Chicago and Las Vegas. He previously worked for the Southern Nevada Regional Housing Authority, where he served as a property manager for federally assisted multi-family housing properties and managed over 300 residents along with multiple properties throughout the Greater Las Vegas area.

“We’re thrilled to have Gawaan join our Las Vegas office,” said Mike Mixer, Executive Managing Director of Colliers International – Las Vegas. “He carries extensive experience in property management in Southern Nevada and he’ll be a meaningful asset to our team.”

After moving to Las Vegas, Hureskin became a member of the Institute of Real Estate Management (IREM), where he received his designation as an Associate in Risk Management (ARM). He is currently a Certified Property Manager (CPM) candidate with the organization. During his time as a property manager for HUD, Hureskin assisted with over 12 different properties and has planned and organized several projects with the City of Las Vegas for vacant lot management in preparation for sale.

In his spare time Hureskin volunteers as a basketball coach at the YMCA for youth ages ranging from kindergarten to the eighth grade. He has a strong passion for acting as a mentoring figure for children and showing them how to grow into productive young adults.

For more information about Gawaan Hureskin, please visit www.colliers.com/gawaan.hureskin.

Colliers Transactions of Note

  • 1740 W Horizon Ridge PkwyA sale to Atlas Properties LLC. The approximately 2.7 acre vacant land parcel is located in Horizon Ridge at 1740 W. Horizon Ridge Pkwy. in Henderson. The transaction amount was $1,050,000. Robert Torres and Scott Gragson of Colliers International represented the seller, MacDonald Properties Ltd.

 

 

 

 

  • 6365 Montessouri StreetA lease to Rocket Gaming Systems LLC. The approximately 46,020 square foot industrial renewal property is located at 6365 Montessouri St. in Las Vegas. Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the lessor, KTR LV IV LLC.

 

 

 

 

  • 6485 West Sunset Road, Suite 100 (Building 3)A lease to STYLGAME USA LLC. The approximately 22,500 square foot industrial property is located in Sunset 215 West at 6485 W. Sunset Rd., Suite 100 (Building 3) in Las Vegas. Greg Pancirov, SIOR and Mike DeLew, SIOR of Colliers International represented thelessor, Prestige Family Group LLC. Dean Willmore, SIOR and Alex Stanisic of Colliers International represented the lessee.

 

 

 

  • 4545 Cameron Street, Suite CA lease to Financial Consulting & Trading Intl Inc. The approximately 21,504 square foot industrial property is located in Cameron Business Center at 4545 Cameron St., Suite C in Las Vegas. Spencer Pinterof Colliers International represented the lessee.

 

 

 

 

  • 3024 Fremont StreetA lease to Varsanyi Feddy Property Holdings LLC. The approximately 19,000 square foot retail property is located at 3024 Fremont St., Suite B in Las Vegas. Chris Connell and Grant Traub of Colliers International represented the lessor, Pete & Mary Jo Limited Partnership.

 

 

 

 

  • 3655 East Patrick Lane, Suite 1200A lease to Audio Visual Advisors Inc. The approximately 8,099 square foot industrial property is located in Arrowhead Commerce Center (Bldg. 8) at 3655 E. Patrick Ln., Suite 1200 in Las Vegas. Spencer Pinter, Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the lessor, KTR LV I LLC.

 

 

 

 

  • 6295 South Pearl Street, Suite 700A lease to McKesson Medical-Surgical Inc. The approximately 5,000 square foot industrial property is located in Arrowhead Commerce Center (Bldg. 7) at 6295 S. Pearl St., Suite 700 in Las Vegas. Spencer Pinter, Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the lessor, KTR LV IV LLC.

 

 

 

 

  • 6295 South Pearl Street, Suite 1200A lease to BRC Inc. The approximately 4,800 square foot industrial property is located in Arrowhead Commerce Center (Bldg. 7) at 6295 S. Pearl St., Suite 1200 in Las Vegas. Spencer Pinter, Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the lessor, KTR LV I LLC.

 

 

 

 

  • 6225 South Valley View Boulevard, Suite JA lease to Design Construction Companies LLC. The approximately 4,800 square foot industrial property is located in Valley View Corporate Center (Phase II) at 6225 S. Valley View Blvd., Suite J in Las Vegas. Spencer Pinter of Colliers International represented the lessor, Valley View I, II & III LLC.

 

 

 

 

  • 6185 South Valley View Boulevard, Suite JA lease to Great Wester Sales Inc. The approximately 4,140 square foot industrial property is located in Valley View Corporate Center (Phase IV) at 6185 S. Valley View Blvd., Suite J in Las Vegas. Spencer Pinter of Colliers International represented the lessor, Valley View IV LLC.

 

 

 

 

  • 2537 East Washburn RoadA lease to Ninehorn LLC. The approximately 4,075 square foot industrial property is located at 2537 E. Washburn Rd. in North Las Vegas. Dean Willmore, SIOR and Alex Stanisic of Colliers International represented the lessee.

 

 

 

 

  • 4385 North Pecos AvenueA lease to My Left Foot Children’s Therapy LLC. The approximately 2,632 square foot retail property is located in Corporate Center Business Park at 4385 N. Pecos Ave. in North Las Vegas. Phillip Dunning, CCIM of Colliers International represented the lessor, The Realty Associates Fund XI LP.

 

 

 

 

  • 6038 Topaz Street, Suite 8A lease to TN Partners LLC. The approximately 2,580 square foot industrial property is located in Patrick Airport Center at 6038 Topaz St., Suite 8 in Las Vegas. Mike DeLew, SIOR, Greg Pancirov, SIOR, Dean Willmore, SIOR, Alex Stanisic and Chelsy Cardin of Colliers International represented the lessor, Stockbridge Patrick and Mojave LLC.

 

 

 

 

  • 2700 East Patrick Lane, Suite 12A lease to Kenneth Lessard and Perry Tucker. The approximately 1,938 square foot industrial property is located in Patrick Airport Center at 2700 E. Patrick Ln., Suite 12 in Las Vegas. Mike DeLew, SIOR, Greg Pancirov, SIOR, Dean Willmore, SIOR, Alex Stanisic and Chelsy Cardin of Colliers International represented the lessor, Stockbridge Patrick and Mojave LLC.

 

 

 

 

  • 7881 West Charleston Boulevard, Suite 175A lease to ZDOGGMD LLC. The approximately 1,692 square foot office property is located in Acuity Financial Center at 7881 W. Charleston Blvd., Suite 175 in Las Vegas. Stacy Scheer, CCIM, LEED GA of Colliers International represented the lessee.

 

 

 

 

  • 1000 North Green Valley ParkwayA lease to Wags N Whiskers. The approximately 1,369 square foot retail property is located in Pebble Marketplace at 1000 N. Green Valley Pkwy. in Henderson. Scot Marker of Colliers International represented the lessor, CH Realty/VII.

 

 

 

 

  • 10001 South Eastern Avenue, Suite 208A lease to Comprehensive Digestive Institute of NV. The approximately 1,361 square foot medical office property is located in Del E. Medical Plaza at 10001 S. Eastern Ave., Suite 208 in Henderson. Stacy Scheer, CCIM, LEED GA of Colliers International represented the lessee.

 

 

 

 

  • 7955 Blue Diamond Road.jpgA lease to BD Edge LLC. The approximately 1,300 square foot retail property is located in Mountains Edge Marketplace at 7955 Blue Diamond Rd., Shops 8A Suite 101 in Las Vegas. Chris Clifford, Steve Neiger and Brett Rather of Colliers International represented the lessee.

 

 

 

 

  • 320 East Warm Springs Road, Suite 1AA lease to Air Line Pilots Association International. The approximately 1,264 square foot office property is located in Bermuda Springs Office Park at 320 E. Warm Springs Rd., Suite 1A in Las Vegas. Chris Connell and Grant Traub of Colliers International represented the lessor, Warm Springs Limited Partnership.

 

 

 

 

  • 4345 Corporate Center DriveA lease to Bella Casa Furnishings LLC. The approximately 1,209 square foot industrial property is located in Corporate Center Business Park at 4345 Corporate Center Dr., Suite 205 in North Las Vegas. Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the lessor, The Realty Associates Fund XI LP.

 

 

 

 

  • 8880 South Maryland Parkway, Suite 120A lease to Kathy Kline LLC. The approximately 1,197 square foot retail property is located in Scottsdale Plaza at 8880 S. Maryland Pkwy., Suite 120 in Las Vegas. Chris Connell and Grant Traub of Colliers International represented the lessor, SREF Scottsdale Plaza LLLP.

Colliers Las Vegas Deals Of The Week

3035 East Lone Mountain Road, Suite 1000A lease to Murray Feiss Import LLC & Generation. The approximately 207,070 square foot industrial property is located in Golden Triangle Industrial Park at 3035 E. Lone Mountain Rd., Suite 1000 in North Las Vegas. Greg Pancirov, SIOR and Mike DeLew, SIOR of Colliers International represented the lessee.

 

 

 

 

 

3853 East Craig Road, Suite 3-4A lease to Deals on Wheels LLC. The approximately 4,998 square foot industrial property is located in Craig Business Center at 3853 E. Craig Rd., Suite 3-4 in North Las Vegas. Greg Pancirov, SIOR and Mike DeLew, SIOR of Colliers International represented thelessor, T Properties LLC.

 

 

 

 

 

 

3853 East Craig Road, Suite 10A lease to Soft Liquidities. The approximately 2,575 square foot industrial property is located in Craig Business Center at 3853 E. Craig Rd., Suite 10 in North Las Vegas. Greg Pancirov, SIOR and Mike DeLew, SIORof Colliers International represented the lessor, T Properties LLC.

 

 

 

 

 

 

???????????????????????????????A lease to Farrington Productions Inc. The approximately 2,131 square foot industrial property is located in Decatur Bell Commerce Center at 5030 S. Decatur Blvd., Suite E in Las Vegas. Greg Pancirov, SIOR, Mike DeLew, SIOR and Dean Willmore, SIOR of Colliers International represented the lessor, FJM Vegas Holdings LLC.

 

 

 

 

 

 

7460 West Lake Mead Boulevard, Suite E1A lease to Club Pilates. The approximately 2,100 square foot retail property is located in Summerlin Gateway at 7460 W. Lake Mead Blvd., Suite E1 in Las Vegas. Al Twainy, CCIM and Amelia Hyden of Colliers International represented the lessor, Gateway 31 Plaza LLC.

Colliers Transactions of Note

  • 3330 & 3340 East Tropicana AvenueA sale to Tropicana Nevada LLC. The approximately 44,826 square foot retail property is located in Tropicana Cinemas at 3330 & 3340 E. Tropicana Ave. in Las Vegas. The transaction value was $3,200,000. Chris Clifford, Steve Neiger and Brett Rather of Colliers International represented the seller, Tropicana 26 LLC. Mike DeLew, SIOR and Greg Pancirov, SIOR of Colliers International represented the buyer.

 

 

 

  • DCIM100MEDIAA sale to Gregory Voudouris and Judith Vourdouris. The approximately 23,000 square foot industrial property is located at 5425 S. Valley View Blvd. in Las Vegas. The transaction value was $3,000,000. Dean Willmore, SIOR, Alex Stanisic and Chelsy Cardin of Colliers International represented the seller, Isromorphism Holdings LLC. Chris Clifford, Steve Neiger and Brett Rather of Colliers International represented the buyer.

 

 

 

 

  • 4760 Cecile AvenueA sale to Tower Ventures CRE LLC. The approximately 10,000 square foot industrial property is located at 4760 Cecile Ave. in Las Vegas. The transaction value was $2,415,000. Dean Willmore, SIOR, Pat Marsh, SIOR, Chelsy Cardin and Sam Newman of Colliers International represented the seller, Larry A. Britz 55 and Dorothy M. Evans.

 

 

 

 

 

  • 9360_9460 West Sahara AvenueA sale to Y. W. Sang Realty Group LLC. The approximately 2,508 square foot single lessee NNN El Pollo Loco restaurant is located at 9460 W. Sahara Ave. in Las Vegas. The transaction value was $2,266,000. David Grant of Colliers International represented the seller, La Paz Viejo Company.

 

 

 

 

 

  • 5965-1 West Wigwam AvenueA sale to General Investments LLC. The approximately 7,120 square foot industrial property is located in Wigwam Jones Industrial Park at 5965-1 W. Wigwam Ave. in Las Vegas. The transaction value was $904,240. Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the seller, MCA Wigwam LLC.

 

 

 

 

  • 4455 South Virginia StreetA sale to Roberto’s Taco Shop. The approximately 2,300 square foot retail property is located at 4455 S. Virginia St. in Reno, NV. The transaction value was $1,300,000. Chris Clifford, Steve Neiger and Brett Rather of Colliers International represented the buyer.

 

 

 

 

 

  • 2330 South Highland DrA sale to 2330 Highland LLC. The approximately 15,936 square foot industrial property is located at 2330 S. Highland Drive in Las Vegas. The transaction value was $1,025,000. Grant Traub and Chris Connell of Colliers International represented the seller, Clark County Credit Union. Dean Willmore, SIOR of Colliers International represented the buyer.

 

 

 

 

  • 4646 Copper Sage APN 140 05 110 011A sale to Lancaster Yard LLC. The approximately 3.50 acre land parcel is located at 4646 Copper Sage St. (APN: 140-05-110-011) in Las Vegas. The transaction value was $850,000. Mike DeLew, SIOR and Greg Pancirov, SIOR of Colliers International represented the buyer.

 

 

 

 

  • 4210 North Lamb Boulevard, Suite 110A sale to Danny Muallem. The approximately 4,195 square foot industrial property is located in Northpointe Business Center at 4210 N. Lamb Blvd., Suite 130 in Las Vegas. The transaction value was $415,000. Dean Willmore, SIOR and Alex Stanisic of Colliers International represented the seller, FJM Northpointe Associates LLC.

 

 

 

 

 

  • 3950 West Harmon AvenueA lease to Just for Show Inc. The approximately 100,000 square foot industrial property is located at 3950 W. Harmon Ave. in Las Vegas. Dean Willmore, SIOR and Alex Stanisic of Colliers International represented the lessee.

 

 

 

 

  • 530 Pamalyn Avenue, Suite BA lease to It’s All Volleyball LLC. The approximately 25,567 square foot industrial property is located in Jennifer Park at 530 Pamalyn Ave., Suite B in Las Vegas. Dean Willmore, SIOR and Alex Stanisic of Colliers International represented thelessor, 2930 Marco Street LLC.

 

 

 

 

  • DCIM100MEDIAA lease to Sobel Westex. The approximately 18,888 square foot industrial property is located in Highland Industrial Center at 2950 S. Highland Drive, Suite EF in Las Vegas. Chris Connell and Grant Traub of Colliers International represented the lessor, FKC Highland LLC.

 

 

 

 

  • 7135 Bermuda RoadA lease to Loyalty Brand Marketing LLC. The approximately 8,432 square foot industrial property is located in Bermuda Industrial Center at 7135 Bermuda Rd. in Las Vegas. Greg Pancirov, SIOR and Mike DeLew, SIOR of Colliers International represented the lessor, McBeath Holdings LLC.

 

 

 

 

  • 7565 Commercial Way, STE EA lease to Heritage Exposition Services Inc. The approximately 4,848 square foot industrial property is located in Valley Freeway Commerce Center at 7565 Commercial Way, Suite E in Henderson. Greg Pancirov, SIOR and Mike DeLew, SIOR of Colliers International represented the lessee.

 

 

 

 

  • 3475 West Post Road, Suite 110A lease to Alpha & Omega Ministries Inc. The approximately 3,825 square foot industrial property is located in Diamond Southwest Industrial Center at 3475 W. Post Rd., Suite 110 in Las Vegas. Greg Pancirov, SIOR and Mike DeLew, SIOR of Colliers International represented the lessor, Diamond Southwest Industrial Park LLC.

 

 

 

 

  • 4210 North Lamb Boulevard, Suite 130A lease to F&F Electric Inc. The approximately 2,827 square foot industrial property is located in Northpointe Business Center at 4210 N. Lamb Blvd., Suite 110 in Las Vegas. Dean Willmore, SIOR, Alex Stanisic and Chelsy Cardin of Colliers International represented the lessor, FJM Vegas Holdings LLC.

 

 

 

 

  • 1925 Village Center CircleA lease to Ideal Image of Nevada LLC. The approximately 2,590 square foot retail property is located at 1925 Village Center Circle in Las Vegas. Chris Clifford, Steve Neiger and Brett Rather of Colliers International represented the lessee.

 

 

 

 

  • 3625 West Teco Avenue, Ste 5A lease to KMC Enterprises LLC. The approximately 2,000 square foot industrial property is located in The Granite Industrial Center at 3625 W. Teco Ave., Suite 5 in Las Vegas. Greg Pancirov, SIOR and Mike DeLew, SIOR of Colliers International represented the lessee.

 

 

 

 

  • DCIM100MEDIAA lease to Builders Customer Services Administration. The approximately 1,691 square foot retail property is located in Gibson Business Plaza at 149 N. Gibson Rd., Suite D in Henderson. Mike DeLew, SIOR and Steven Haynes of Colliers International represented the lessor, CKS LLC. Brian Riffel and Tyler Jones of Colliers International represented the lessee.

 

 

 

  • 2190 East Pebble Road, Suite 240A lease to Kreative LLC. The approximately 1,686 square foot office property is located in Pebble Place Business Center at 2190 E. Pebble Rd., Suite 240 in Las Vegas. Suzette LaGrange, CCIM and Kara Walker, CCIM of Colliers International represented the lessor, CVK LLC.

 

 

 

 

  • 5275 South Arville Street, Suite 200A lease to Dollar Enterprises LLC. The approximately 1,379 square foot industrial property is located in Hacienda Crossing at 5275 S. Arville St., Suite 200 in Las Vegas. Greg Pancirov, SIOR, Mike DeLew, SIOR and Dean Willmore, SIOR and Chelsy Cardin of Colliers International represented the lessor, FJM Vegas Holdings LLC. Alex Stanisic of Colliers International represented the lessee.

 

 

 

 

  • 2654 West Horizon Ridge Parkway, Suite B-5A lease to Irene Fenolio / PostNet. The approximately 1,235 square foot retail property is located in Horizon Pointe at 2654 W. Horizon Ridge Pkwy., Suite B-5 in Henderson. David Grant, Al Twainy, CCIM and Amelia Hyden of Colliers International represented the lessor, Villa La Paloma LLC.

Colliers Transactions of Note

  • 6570 West Flamingo RoadA sale to Flamingo 136 LLC. The 136-apartment unit is located in Flamingo Chateau at 6570 W. Flamingo Rd. in Las Vegas. The transaction value was $16,600,000. Al Twainy, CCIM and Amelia Hyden of Colliers International represented the buyer.

 

 

 

 

  • 125 Corporate Park DriveA sale to ZB Holdings Inc. The approximately 12,320 square foot industrial property is located in Henderson Corporate Park at 125 Corporate Park Dr. in Henderson. The transaction value was $1,663,200. Greg Pancirov, SIOR of Colliers International represented the seller, Elevon Corporate Park LLC. Mike DeLew, SIOR of Colliers International represented the buyer.

 

 

 

 

  • 6475 West Sunset Road, Building 1A lease to Zuffa LLC. The approximately 35,000 square foot industrial property is located in Sunset 215 West at 6475 W. Sunset Rd., Building 1 in Las Vegas. Greg Pancirov, SIOR and Mike DeLew, SIOR of Colliers International represented the lessor, Prestige Family Group LLC.

 

 

 

 

  • 4171 Distribution Circle, Ste 105A sublease to Superior Overnight Services Inc. The approximately 23,307 square foot industrial property is located at 4171 Distribution Cir., Suite 105 in North Las Vegas. Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the sublessor, Cole Kepro International LLC.

 

 

 

 

  • 5800 S. Valley View Boulevard, Suite 109 - 112A lease to Mountain High Corp. The approximately 11,520 square foot industrial property is located in 5800 Valley View Complex at 5800 S. Valley View Blvd., Suite 109-112 in Las Vegas. Spencer Pinter of Colliers International represented the lessee.

 

 

 

 

  • 3655 East Patrick Lane, Suite 400 & 500A lease to Boyett Enterprises LLC. The approximately 10,208 square foot industrial property is located in Arrowhead Commerce Center (Bldg.8) at 3655 E. Patrick Ln., Suite 400 & 500 in Las Vegas. Spencer Pinter, Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the lessor, KTR LV I LLC.

 

 

 

 

  • 50 North Gibson Road, Suite 100, 105, 110 & 130-135A lease to New Look Collision Center LLC. The approximately 8,842 square foot industrial property is located in Gibson Wigwam Business Center at 50 N. Gibson Rd., Suite 100, 105, 110 & 130-135 in Henderson. Greg Pancirov, SIOR and Mike DeLew, SIOR of Colliers International represented the lessor, Pereyra 1992 Living Trust.

 

 

 

 

  • 3125 Venture DriveA lease to Kyoung Mi Shim. The approximately 6,306 square foot industrial property is located at 3125 Venture Dr. in Las Vegas. Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the lessor, Crown Real Estate Limited Partnership.

 

 

 

 

  • 3595 East Patrick Lane, Suite 300A lease to ER Laser Productions Inc. The approximately 5,761 square foot industrial property is located in Arrowhead Commerce Center (Bldg. 5) at 3595 E. Patrick Ln., Suite 300 in Las Vegas. Spencer Pinter, Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the lessor, KTR LV IV LLC. Greg Pancirov, SIOR and Mike DeLew, SIOR of Colliers International represented the lessee.

 

 

 

  • 5040 West Post Road, Suite 150A lease to Simtech (US) LLC. The approximately 4,200 square foot industrial property is located in Saddle Post Business Park at 5040 W. Post Rd., Suite 150 in Las Vegas. Greg Pancirov, SIOR and Mike DeLew, SIOR of Colliers International represented the lessee.

 

 

 

 

  • 2700 East Patrick Lane, Suite 15A lease to Crossroads Courier Inc. The approximately 3,500 square foot industrial property is located in Patrick Airport Center at 2700 E. Patrick Ln., Suite 15 in Las Vegas. Greg Pancirov, SIOR, Mike DeLew, SIOR and Dean Willmore, SIOR of Colliers International represented the lessor, Stockbridge Patrick and Mojave LLC.

 

 

 

 

  • 5565 South Decatur Boulevard, Suite 105A lease to Carrier Corporation. The approximately 2,700 square foot industrial property is located in Westech Business Center I at 5565 S. Decatur Blvd., Suite 105 in Las Vegas. Greg Pancirov, SIOR and Mike DeLew, SIOR of Colliers International represented the lessor, Westech Business Center LLC.

 

 

 

 

  • 4775 West Teco Avenue, Suite 110A lease to Decorative Concrete Supply. The approximately 2,054 square foot office property is located in Decatur Crossings III at 4775 W. Teco Ave., Suite 110 in Las Vegas. Greg Pancirov, SIOR and Mike DeLew, SIOR of Colliers International represented the lessor, DC3 LLC.

 

 

 

 

  • OLYMPUS DIGITAL CAMERAA lease to Physician Billing & Credentialing Services LLC. The approximately 1,049 square foot office property is located in Flamingo Grand Plaza at 1050 E. Flamingo Rd., Suite N-330 in Las Vegas. Chris Connell and Grant Traub of Colliers International represented the lessor, FKC Flamingo LLC.

 

 

 

 

  • 8784 South Maryland Parkway, Suite 100A lease to Cystic Fibrosis Foundation. The approximately 630 square foot office property is located in Scottsdale Plaza at 8784 S. Maryland Pkwy., Suite 100 in Las Vegas. Chris Connell and Grant Traub of Colliers International represented the lessor, SREF Scottsdale Plaza LLLP.

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