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Category – All Las Vegas Real Estate

GLVAR Earns Prestigious Award From National Association Of Realtors

GLVARThe Global Business Committee of the Greater Las Vegas Association of REALTORS® (GLVAR) was recently honored by the National Association of REALTORS® (NAR) with a Platinum Global Achievement Program Award.

“Las Vegas has been the focus of foreign investment for many years, as evidenced by recent upticks in commercial and residential sales to global clients,” GLVAR President David J. Tina said. “The Global Committee has a number of REALTORS® who are experts that specialize and understand the diverse needs and laws governing international clients. This award is a testament to that expertise and places Las Vegas among the top global groups in the country.”

GLVAR’s Global Business Committee focuses on international real estate opportunities and education. It is chaired by local REALTOR® Tamara Larisa Tyrbouslu, who has earned the Certified International Property Specialist (CIPS) designation and teaches CIPS courses to her fellow GLVAR members. Tyrbouslu said this is the fourth straight year that GLVAR’s Global Business Committee has received this highly respected award.

“There are 110 global committees and councils across the country,” she said. “We are one of 15 to earn this distinguished award. By earning NAR’s platinum award again next year, we’ll be eligible for the even more impressive ‘Diamond’ status coveted by other U.S. global groups.”

To earn the platinum award, committee members had to complete an extensive application that includes benchmarking its global initiatives, including marketing, education and trade missions.

In informing GLVAR about the award, Janet Branton, NAR senior vice president of commercial and global services, said, “I hope you are as proud of this achievement as we are of the hard work and dedication that your association has contributed to raising members’ awareness of global business in your local market. Your council has demonstrated the utmost commitment to helping members capture their share of the global real estate market in the United States, in addition to connecting your council and members to the global community in your area.”

Marcus & Millichap Represent Seller Of Single Tenant Investment

medicalMarcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of a 3,415-square foot single-tenant office building located in Las Vegas, Nevada. The asset sold for $620,000, according to Todd R. Manning, regional manager of the firm’s Las Vegas office.

Tina D. Taylor, vice president investments, and Ryan McCullough, associate, in Marcus & Millichap’s Las Vegas office, had the exclusive listing to market the property on behalf of the seller, a partnership.

Mountain West Commercial Announces Recent Office, Retail & Industrial Transactions

8597 del wennKyle Nasse Agency Farmers Insurance leased 1,400 SF of retail space at Rampart Plaza, 8597 Del Webb Blvd. Las Vegas, Nevada 89134. Jakke Farley and Preston Abell of Mountain West Commercial represented the Lessee.

 

 

 

 

 

 

9691 Trail woodKobe Insurance DBA Farmers Insurance leased 880 SF of retail space at Trailwood Center, 9691 Trailwood Dr. Las Vegas, Nevada 89134. Jakke Farley of Mountain West Commercial represented the Lessee.

 

 

 

 

 

 

 

220 E HorizonAuralcare hearing centers DBA My Hearing Centers leased 1,000 SF of Office Space at Horizon Drive Office Complex, 220 E. Horizon Dr. Henderson, Nevada 89015. Jakke Farley of Mountain West Commercial represented the Lessee.

 

 

 

 

 

w oquendoRobles Cleaning and Handyman Service LLC leased 1,600 SF of Industrial Space at 3977 W. Oquendo Rd. Las Vegas, Nevada 89118. Jakke Farley of Mountain West Commercial represented the Lessee.

 

 

 

 

 

 

pecos mcleodCampbell’s Estate Gallery leased 2,150 SF of Office Space at Pines Professional Park at 3910 Pecos -Mc-Leod Interconnect Las Vegas, Nevada 89121. Jakke Farley of Mountain West Commercial represented the Lessor.

 

 

 

 

 

 

 

victory village123 ABC Grow, LLC leased 2,788 SF of Retail Space at Victory Village , 284 B Lake Mead Pkwy. Henderson, Nevada 89009. Jakke Farley of Mountain West Commercial represented the Lessor.

 

 

 

 

 

 

 

victory village2Fuzen Pho & Thirstea Juice leased 5,550 SF of Retail Space at Victory Village , 272 Lake Mead Pkwy. Henderson, Nevada 89009. Jakke Farley of Mountain West Commercial represented the Lessor.

 

 
 

 

 

9310Archie’s Thai Bistro leased 2,634 SF of Retail Space at Beltway Plaza, 9310 S. Eastern Ave. Suite 101 Henderson, Nevada 89123. Jeff Mitchell and Preston Abell of Mountain West Commercial represented the Lessor.

 

NAIOP Southern Nevada Presents: The Greatest Show on Earth Bus Tour

NAIOP Cautious Optimism for Recovery in 2013What:             NAIOP Southern Nevada presents its 2017 “The Greatest Show on Earth!” Bus Tour. Sponsored by Cox Business, the three-hour tour will provide an opportunity to learn more about the future of commercial real estate by showcasing office, industrial, retail and mixed-use properties throughout the Las Vegas Valley. There are 41 featured projects on this year’s tour, each of them recently completed or under construction.

 

NAIOP Southern Nevada provides educational and informative programs during its monthly member meetings on topics relevant to the commercial real estate development industry. Year-round, NAIOP Southern Nevada hosts mixers and educational programs for its members and potential members. To register or for more information, call (702) 798-7194 or visit www.naiopnv.org.

 

When:            Thursday, Nov. 2

Registration, lunch, exhibits and games begin at 11 a.m., followed by the bus tour at 1 p.m., and reception at 4 p.m.

Where:          Veil Pavilion at Silverton Casino Hotel, 3333 Blue Diamond Road, Las Vegas, Nevada 89139

Avison Young To Hold Fourth Annual Global Day Of Giving

Avison Young Adds Four New Las Vegas HiresMark Rose, Chair and CEO of Avison Young, the world’s fastest-growing commercial real estate services firm, announced today that it will hold its fourth annual Global Day of Giving this Thursday, October 19 in all of the company’s markets. “On October 19, employees in Avison Young’s 80 offices in Canada, the U.S., Mexico and Europe will again dedicate the day to volunteer activities on behalf of local community organizations that strive every day to better the lives of people in need and at risk,” comments Rose.

“We’re thrilled that approximately 2,600 employees will participate in the Global Day of Giving to help us promote social, economic and environmental sustainability. The 80 offices participating this year represent a 25% increase from 2014, when we held our inaugural Global Day of Giving. That year, employees in 60 offices took part. More importantly, this increase means that we are giving back to more communities that support our company and our causes throughout the year.”

Avison Young’s Global Day of Giving is part of the company’s global citizenship strategy. Each Avison Young office has chosen its own community volunteer project in consultation with the charity that will receive the assistance. “Many people want to give to their local community but they just aren’t sure where to begin,” notes Donna Abood, Avison Young Principal and Co-Managing Director of the firm’s Miami office. “The Day of Giving unites our Avison Young family globally during a day on which we all have the opportunity to not only give financially, but to take the time physically to show our support and gratitude to our local organizations throughout the world. It’s easy to write a cheque, but it is much more meaningful when we roll up our sleeves and get fully engaged in giving. When we think about Avison Young’s unified effort to do so around the world on the same day, well, that is just amazing corporate culture that we can all be proud to be a part of.”

Colliers Leasing And Sales Activity Not Slowing Down

 

Colliers LogoCOMPLETED SALE TRANSACTIONS:

  • A sale to Greg Gaglio & Debbie Gaglio. The approximately 10,000 square foot industrial property is located at 2907 N. Lamb Blvd. in Las Vegas. The transaction value was $900,000. Dan Doherty, SIOR, Paul Sweetland, SIOR, Chris Lane and Jerry Doty of Colliers International represented the buyer.
  • A sale to The Jeffrey Sylvester and Kimberlee Sylvester Revocable Living Trust. The approximately 5,213 square foot industrial property is located at 4304 Alexander Rd. in Las Vegas. The transaction value was $440,000. Brian Riffel, Chris Connell and Grant Traub of Colliers International represented the seller, Daniel & Judith Braun, Gary & Melissa Braun, and The Shannon Family Trust. Mike DeLew, SIOR and Greg Pancirov, SIOR of Colliers International represented the buyer.

COMPLETED LEASE TRANSACTIONS:

  • A lease to Pilot Air Freight LLC. The approximately 68,950 square foot industrial property is located in Beltway Business Park (Bldg. 9) at 7015 Corporate Plaza Dr., Suite 170 in Las Vegas. Spencer Pinter of Colliers International represented the lessee.
  • A lease to Platinum LV Transportation. The approximately 43,000 square foot industrial property is located in Goldstrom Dean Industrial Park at 5455 Cameron St. (APN: 162-30-301-009) in Las Vegas. Dean Willmore, SIOR and Alex Stanisic of Colliers International represented the lessee.
  • A lease to Sunshine Valley Healthcare. The approximately 7,625 square foot office property is located in The Parkway at 7455 W. Washington Ave., Suite 300 in Las Vegas. Andrew Kilduff of Colliers International represented the lessor, Parkway Properties LLC.
  • A lease to Grimco Inc. The approximately 7,535 square foot industrial property is located in Valley View Corporate Center (Phase I) at 6283 S. Valley View Blvd., Suite F in Las Vegas. Spencer Pinter of Colliers International represented the lessor, Valley View I, II & III, LLC.
  • A lease to Clark County Credit Union. The approximately 6,783 square foot office property is located in Peak Professional Office at 7250 Peak Dr. in Las Vegas. Chris Connell and Grant Traub of Colliers International represented the lessee.

 

  • A lease to WHASN. The approximately 6,222 square foot medical office property is located in San Martin MOB at 8285 W. Arby Ave., Suite 280 in Las Vegas. Alexia Crowley, CCIM, LEED GA of Colliers International represented the lessee.

 

  • A lease to DIGILED LLC. The approximately 5,280 square foot industrial property is located in Spencer & Helm Business Center at 6672 Spencer St., Suite 300 in Las Vegas. Spencer Pinter of Colliers International represented the lessor, EJM Spencer & Helm Property LLC.
  • A lease to Mainline Sales LLC. The approximately 5,116 square foot industrial property is located in Arrowhead Commerce Center (Bldg. 8) at 3655 E. Patrick Ln., Suite 1000 in Las Vegas. Spencer Pinter, Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the lessor, KTR LV I LLC.
  • A lease to Neuromonitoring Associates LLC. The approximately 3,692 square foot office property is located in The Parkway at 7455 W. Washington Ave., 3rd Floor in Las Vegas. Andrew Kilduff of Colliers International represented the lessor, Parkway Properties LLC. Pat Marsh, SIOR of Colliers International represented the lessee.
  • A lease to DAVITA MEDICAL NEVADA LLC. The approximately 3,684 square foot medical office property is located in Shadow Professional Center at 400 Shadow Ln., Suite 207 in Las Vegas. Stacy Scheer, CCIM, LEED GA, Ryan Martin, CCIM, SIOR, Taber Thill, SIOR and Patti Dillon, SIOR of Colliers International represented the lessor, MSCI 2007-IQ13 SHADOW LANE LLC.
  • A lease to SELM LLC. The approximately 2,889 square foot industrial property is located in Hacienda Crossing at 5275 S. Arville St., Suite 300 in Las Vegas. Mike DeLew, SIOR, Greg Pancirov, SIOR and Dean Willmore, SIOR of Colliers International represented the lessor, FJM Vegas Holdings LLC.
  • A lease to Saiapan LLC. The approximately 1,356 square foot retail property is located in Aliante Marketplace at 6885 Aliante Pkwy., Suite 102 in North Las Vegas. David A. Grant of Colliers International represented the lessor, Aliante Plaza LLC.
  • A lease to Andrew S. Lee, dba: Boba King. The approximately 1,200 square foot retail property is located in College Square Shopping Center at 591 College Dr., #B in Henderson. David A. Grant of Colliers International represented the lessor, Berger Family Trust.
  • A lease to The Sugar Cookie. The approximately 1,200 square foot retail property is located in Sunridge Village at 10960 S. Eastern Ave., Suite 109 in Henderson. Alexia Crowley, CCIM, LEED GA of Colliers International represented the lessee.
  • A lease to Pop Drinks LLC. The approximately 905 square foot retail property is located in Scottsdale Plaza at 8716 S. Maryland Pkwy. in Las Vegas. Chris Connell and Grant Traub of Colliers International represented the lessor, SREF Scottsdale Plaza LLLP. Al Twainy, CCIM and Amelia Hyden of Colliers International represented the lessee.
  • A lease to Sheri Tapani-DeBartolo M.Ed. The approximately 879 square foot office property is located in Scottsdale Plaza at 8830 S. Maryland Pkwy., Suite 135 in Las Vegas. Chris Connell and Grant Traub of Colliers International represented the lessor, SREF Scottsdale Plaza LLLP.
  • A lease to John Montello and Anait Djavairian. The approximately 593 square foot office property is located in Scottsdale Plaza at 8870 S. Maryland Pkwy., Suite 140 in Las Vegas. Chris Connell and Grant Traub of Colliers International represented the lessor, SREF Scottsdale Plaza LLLP.

Commercial Association Las Vegas Announces New Leadership

mcgarey#8579Cathy (002)

The Commercial Alliance Las Vegas (CALV) announced its new officers and directors for 2018, with industry leader Christopher McGarey becoming president of the commercial real estate organization starting Jan. 1.

McGarey specializes in property management, leading The McGarey Group at Berkshire Hathaway Home Services, Nevada Properties. He previously served as president-elect and as a director of CALV. His professional affiliations and designations include being a Certified Property Manager (CPM), a Certified Commercial Investment Member (CCIM) and past president of the local Institute of Real Estate Management (IREM) chapter. He has held leadership positions with the Southern Nevada chapter of CCIM and will also serve as president of the local CCIM chapter in 2018.

For 2018, CALV’s immediate past president will be Jennifer Ott, CCIM, executive vice president for retail sales and leasing at ROI Commercial Real Estate in Las Vegas. Other members of the 2018 CALV Board of Directors, including their professional designations, their company and their position on the CALV board, include:

Paul BellPresident-elect Cathy Jones, CPA, CCIM and Society of Industrial and Office REALTORS® (SIOR), owner of Sun Commercial Real Estate.

  • Treasurer Paul Bell, Risk Reduction Graduate (RRG), Certified Residential Specialist (CRS), Graduate REALTOR® Institute (GRI), Resort and Second-home Property Specialist (RSPS), and Short Sales and Foreclosure Resource (SFR), of Berkshire Hathaway Home Services, Nevada Properties.
  • Director Hayim Mizrachi, CCIM, a principal of MDL Group and a former president of CALV.
  • Director Natalie Wainwright, of Cushman & Wakefield Commerce.
  • Director Melissa Campanella, CCIM, of Logic Commercial Real Estate.
  • Director Tom Lisiewski, of Your Real Estate Company.

Mountain West Commercial Welcomes Joseph Anderson

Joseph AndersonMountain West Commercial Real Estate (MW) is pleased to welcome Joseph Anderson to the team. Joseph specializes in retail acquisitions and dispositions. He began his career working for the family business, MDL Group, as a sales associate before moving to The Equity Group, where he served as Vice President.

Joseph credits much of his success in commercial real estate to lessons learned as a basketball point guard, where he developed discipline, dedication and team work. He won two state championships with Bishop Gorman High School and a full-ride scholarship to Southern Utah University. Joseph earned his bachelor’s degree in international business law and business management from the University of Las Vegas.

Higgins & Toft Team At CBRE Contribute To Strong Fall Market Activity

CBRE New Logo 2016

 

 

 

SALES: 

1850-1860 Whitney Mesa Dr. for $4,315,000 

A private investor purchased the 41,445 SF industrial building located at 18580-1860 Whitney Mesa Dr. in Henderson for $4,315,000 or $104.11 PSF. Garrett Toft, SIOR of CBRE represented the seller.

6.52 Acres for $2,800,000

Century Communities of Nevada, LLC purchased 6.52 acres of industrial land located at Dean Martin Dr. and Southern Highland Pkwy. For $2,800,000 or $9.86 PSF. Kevin Higgins, SIOR of CBRE represented the seller.

6744 Spencer St. for $2,637,900 

Forever Young International, Inc. purchased the 19,540 SF industrial building located at 6744 Spencer St. for $2,637,900 or $135.00 PSF. Jake Higgins of CBRE represented the seller.

 4480 Calimesa St. for $2,237,625 

777 Corporate Relocation, LLC purchased the 19,125 SF industrial building located at 4480 Calimesa St. for $2,237,625 or $117.00 PSF. Sean Zaher of CBRE represented the buyer.

2055 Helm Ave. for $1,121,540 

United Systems Fire and Security, LLC purchased the 8,011 SF industrial building located at 2055 Helm Ave. for $1,121,540 or $140.00 PSF. Jake Higgins of CBRE represented the seller and Zac Zaher of CBRE represented the buyer.

2917 Brookspark Dr. for $1,050,000 

Auto-Chlor System of Las Vegas, Inc. purchased the 10,128 SF industrial building located at 2917 Brookspark Dr. in North Las Vegas for $1,050,000 or $103.67 PSF. Sean Zaher of CBRE represented the seller.

2765 & 2769 N. Lamb Blvd. for $1,000,000 

Dillard 170, LLC purchased two industrial buildings totaling 12,694 SF located at 2765 & 2769 N. Lamb Blvd. for $1,000,000 or $78.78 PSF. Sean Zaher of CBRE represented the seller.

2737 N. Lamb Blvd. for $507,760 

D. Peacock Enterprises purchased the 6,347 SF industrial building located at 2737 N. Lamb Blvd. for $507,760 for $82.00 PSF. Sean Zaher of CBRE represented the seller.

LEASES: 

TemperPak Technologies, Inc. leased approximately 75,250 Sf of industrial space located at 4390 Flossmoor St., Suites 300 & 400, in North Las Vegas. Garrett Toft, SIOR represented the Lessee.

Southern Nevada Teamsters leased approximately 71,083 Sf of industrial space located at 4990 Nexus Way, Bldg. 2, in North Las Vegas. Kevin Higgins, SIOR of CBRE represented the Lessor.

TV Transport, Inc. leased approximately 55,744 SF of industrial space located at 6580 Lindell Rd., Suite B, in Las Vegas. Zac Zaher of CBRE represented the Lessor.

Longview Fibre Paper and Packaging, Inc. leased approximately 43,000 SF of industrial space located at 4145 Corporate Center Dr., Suite 100, in North Las Vegas. Garrett Toft, SIOR represented the Lessor.

Cort Business Services Corporation renewed their lease of approximately 28,432 SF of industrial space located at 6625 Arroyo Springs St., Suite 130, in Las Vegas. Garrett Toft, SIOR represented the Lessee.

Sturgeon Electric Company, Inc. leased approximately 18,305 SF of industrial space located at 711 Pilot Rd., Suite F, in Las Vegas. Garrett Toft, SIOR represented the Lessor.

Brown & Brown Insurance of Nevada, Inc.  renewed their lease of approximately 13,358 SF of office space located at 975 Kelly Johnson Dr., Suite 100, in Las Vegas. Garrett Toft, SIOR of CBRE represented the Lessor.

Tix4Tonight, LLC leased approximately 8,848 SF of office space located at 731 Pilot Ed., Suite A, in Las Vegas. Garrett Toft, SIOR of CBRE represented the Lessor.

Poker Central, LLC leased approximately 7,880 sf of industrial space located at 4301 S. Valley View Blvd., Suite 7, in Las Vegas. Zac Zaher of CBRE represented the Lessor and Sean Zaher of CBRE represented the Lessee.

Pawsh Palace, LLC leased approximately 7,870 SF of industrial space located at 3081 Business Lane in Las Vegas. Zac Zaher of CBRE represented the Lessor.

NuBlu Sport and Logo Wear, Inc. leased approximately 7,617 SF of industrial space located at 84 Corporate Dr. in Henderson. Jake Higgins of CBRE represented the Lessee.

Color Magic, Inc. leased approximately 2,280 SF of industrial space located at 4020 W. Ali Baba Lane, Suite D, in Las Vegas.  Zac Zaher of CBRE represented the Lessee.

Marcus & Millichap Lists And Sells La Quinta Inn & Suites On South Valley View

la QuintaMarcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of La Quinta Inn & Suites, a 59-room hospitality property located at 4975 South Valley View Blvd. in Las Vegas.The asset sold for $6,350,000, according to Todd R. Manning, regional manager of the firm’s Las Vegas office.

Marcus Threats CCIM, Senior Associate, in Marcus & Millichap’s Las Vegas office, had the exclusive listing to market the property on behalf of the seller, a private investor.


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