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Category – Land

Virtus Commercial Retail and Land Transactions of Note

Sahara centerBurlington Coat Factory of Nevada has leased approximately 48,929 SF of retail space at Sahara Center, located at 1000 W. Sahara Ave. Ste. 130-140, in Las Vegas.  Ted Baker of New Market Advisors represented the Lessor, Sahara Center LLC and Jeff Mitchell & Joe Cooley of Virtus Commercial represented the Lessee.

 

 

 

3545 PorAll Team Towing has leased approximately 34,412.40 SF of land located at 3545 Procyon St., in Las Vegas.  Troy Tobler and Erick Ramirez of Virtus Commercial represented the Lessor, 3500-3675 Procyon LLC.

 

 

 

 

 

TenayaLino’s Pizza has leased approximately 2,400 SF of retail space at Tenaya Village, located at 7240 W. Azure Dr. Ste. 145, in Las Vegas.  Robert S. Hatrak II represented both the Lessee & the Lessor, Tenaya Village LLC.

 

Cushman & Wakefield Keeps Up Deal Flow For All Property Types

9041 s pecosRooftop Realty, LLC leased 3,732 SF of office space at Sansone Pecos Center, 9041 S Pecos Rd, Henderson 89074. Nick Barber and Jeremy Foley of Cushman & Wakefield Commerce represented the lessor, 9005-9089 South Pecos Road, LLC.

 

 

 

 

8876 s easternStudio Khroma, LLC leased 3,346 SF of retail space at Regal Plaza, 8876 S Eastern Ave, Ste 103 & 104, Las Vegas 89123 Lauren Tabeek, CCIM and Katelyn Panella of Cushman & Wakefield Commerce represented the lessee.

 

 

 

 

150 centennail parkwayJoshua James Moore dba AMS Picture leased 1,953 SF of retail space at Centennial Plaza, 150 E Centennial Pkwy, Ste 114, North Las Vegas 89032. Lauren Tabeek, CCIM and Katelyn Panella of Cushman & Wakefield Commerce represented the lessor, Centennial 5 Development, LLC.

 

 

 

 

320 e warm springsAir Line Pilots Association, International leased 1,264 SF of office space at Bermuda Springs Office Park, 320 E Warm Springs Blvd, Ste 1-A, Las Vegas 89119. Jayne Cayton and Matt Kreft of Cushman & Wakefield Commerce represented the lessee.

 

 

 

 

 

4175 s cameronSmartCareOS, LLC leased 1,175 SF of office space at Cameron West Business Park, 4175 S Cameron St, Ste B, Las Vegas 89103. Jennifer Levine, CCIM and Elizabeth Moore of Cushman & Wakefield Commerce represented the lessor, Cameron Industrial Park, LLC.

 

 

 

 

 

8349 w sunsetGreen Room, LLC renewed 4,500 SF of retail space at Centra Point Retail Center, 8349 W Sunset Rd, Ste 150 B, Las Vegas 89113. Dan Hubbard of Cushman & Wakefield Commerce represented the lessor, Reef Centra Point Retail, LLC, a Washington LLC.

 

 

 

 

8359 wOlivier Brouillet dba Baguette Café renewed 1,396 SF of retail space at Centra Point Retail Center, 8359 W Sunset Rd, Bldg A, Ste 100, Las Vegas 89113. Dan Hubbard of Cushman & Wakefield Commerce represented the lessor, Reef Centra Point Retail, LLC, a Washington LLC.

 

 

 

 

2303 n rainbowBest Mattress, Inc renewed 4,500 SF of retail space at Rainbow Promenade, 2303 N Rainbow Blvd, Las Vegas 89108 Dan Hubbard of Cushman & Wakefield Commerce represented the lessor, Reef Centra Point Retail, 2199 North Rainbow Boulevard Holdings, LLC.

 

 

 

 

118 Corpo parkRoger Fontes renewed 1,220 SF of industrial space at Gibson Palms Corporate Center, 118 Corporate Park Dr, Ste 107, Henderson 89074. Leo Biedermann of Cushman & Wakefield Commerce represented the lessor, Olymbec USA, LLC.

 

 

 

 

 

55 e horizonUnited Enterprise Holdings, LLC leased 1,200 SF of retail space at Horizon Village Square, 55 E Horizon Village Pkwy, Ste 130, Henderson 89002. Lauren Tabeek, CCIM and Katelyn Panella of Cushman & Wakefield Commerce represented the lessee.

 

 

 

 

6425 s jonesRent-A-PC leased 39,000 SF of industrial space at Jones Corporate Park, Bldg B, 6425 S Jones Blvd, Las Vegas 89118. Jayne Cayton and Matt Kreft of Cushman & Wakefield Commerce represented the lessee.

 

 

 

 

8725 w saharaSutherland Global Services, Inc subleased 21,500 SF of office space at The Lakes Campus, 8725 W Sahara Ave, Las Vegas 89163. Bob Hawkins of Cushman & Wakefield Commerce represented the lessor, Citibank, NA.

 

 

 

 

 

2571 e washburnFaciliteq Business Interiors, Inc, leased 5,328 SF of industrial space at Panattoni Creekside, 2571 E Washburn Rd, North Las Vegas 89081. Alma Cuevas of Cushman & Wakefield Commerce represented the lessee.

Sun Commercial’s Latest Sales Transactions

1.16 Acres Cover PhotoThe Sale of APN 177-35-110-007 was completed on May 5, 2017. The 1.16 acre parcel is located on the SEC of Cactus Avenue and Maryland Parkway, Henderson, NV. The total value of the transaction was $695,000.00. Cathy Jones, Paul Miachika, Roy Fritz, and Jessica Cegavske of Sun Commercial Real Estate, Inc. represented the Seller, CECO Enterprises, LLC and JMS Properties, Inc. represented the Buyer, Josef Hammoudeh.

 

 

 

 

 

3405 W Lake Mead #100The Sale of an Industrial Building was completed on April 21, 2017. The 3,920 square-foot building is located at 3405 W. Lake Mead Boulevard, Suite 100, North Las Vegas, NV. The total value of the transaction was $517,000.00. Renae Russo of Sun Commercial Real Estate, Inc. represented the Seller, 5 Star Development 2, LLC and Griffis Realty represented the Buyer, Jesus Juarez and Reyna Isabel Villa Pacheco.

 

 

 

 

 

 

DCIM100MEDIADJI_0045.JPGThe Sale of an Industrial Building was completed on May 4, 2017. The 3,200 square-foot building is located at 3415 W. Lake Mead Boulevard, Suite 110, North Las Vegas, NV. The total value of the transaction was $425,000.00. Renae Russo of Sun Commercial Real Estate, Inc. represented the Seller, 5 Star Development 2, LLC and Griffis Realty represented the Buyer, Min Yu and Yang Ge.

Start The Week With Recent Activity From Colliers Las Vegas

5155 W Patrick LnA sale to McBeath Holdings LLC. The approximately 27,000 square foot office property is located at 5155 W. Patrick Ln. in Las Vegas. The transaction value was $6,985,000. Mike DeLew, SIOR and Greg Pancirov, SIOR of Colliers International represented the buyer.
 

 

 

Badura Avenue and Tenaya Way APN 176-03-302-0106295 SA sale to Diamond Arroyo Ltd. The approximately 5.0 acre land parcel is located at W. Badura Ave. and S. Tenaya Way (APN: 176-03-302-010) in Las Vegas. The transaction value was $1,800,000. Steven Haynes of Colliers International represented the seller, Wilke Family Investment Group LLC. Mike DeLew, SIOR and Greg Pancirov, SIOR of Colliers International represented the buyer.
 

 

 

SWC of Ford Ave and Valley View Blvd APN 177-18-801-011A sale to Mr. Ke Zhang. The approximately 1.25 acre land parcel is located at the Southwest corner of W. Ford Ave. and S. Valley View Blvd. (APN: 177-18-801-011) in Las Vegas. The transaction value was $135,000. Steven Haynes of Colliers International represented the seller, Marco Cossio.
 

 

 

2571 E Washburn RdA sale to McBeath Holdings LLC. The approximately 5,328 square foot industrial property is located at 2571 E. Washburn Rd. in North Las Vegas. The transaction value was $520,000. Mike DeLew, SIOR, Greg Pancirov, SIOR and Dean Willmore, SIOR of Colliers International represented the buyer.

 

 

 

 

1100 Palm Airport DrA lease to eCig Distributors Inc. The approximately 33,810 square foot industrial property is located in Paradise Airport Center at 1100 Palm Airport Dr. in Las Vegas. Mike DeLew, SIOR and Greg Pancirov, SIOR of Colliers International represented the lessor, Harsch Investment Properties-Nevada LLC.
 

 

 

6155 SA lease to Pure Essence Laboratories Inc. The approximately 22,470 square foot industrial property is located in Arrowhead Commerce Center (Bldg. 11) at 6155 S. Sandhill Rd., Suite 100, 200 & 400 in Las Vegas. Spencer Pinter, Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the lessor, KTR LV IV LLC.
 

 

 

6295 SA lease to Digital Express Inc. The approximately 10,000 square foot industrial property is located in Arrowhead Commerce Center (Bldg.7) at 6295 S. Pearl Street, Suite 800 & 900 in Las Vegas. Spencer Pinter, Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the lessor, KTR LV IV LLC.

 

 

 

 

150 N GibsonA lease to LV Service Solutions LLC. The approximately 8,205 square foot industrial property is located at 150 N. Gibson Rd., Suite C in Henderson. Mike DeLew, SIOR and Greg Pancirov, SIOR of Colliers International represented the lessor, Harsch Investment Properties LLC.
 

 

 

3873 E Craig Rd Suite 3-4A lease to North Las Vegas Weight Equipment Sales. The approximately 4,770 square foot industrial property is located in Craig Business Center at 3873 E. Craig Rd., Suite 3-4 in North Las Vegas. Mike DeLew, SIOR and Greg Pancirov, SIOR of Colliers International represented the lessor, T Properties LLC.
 

 

 

DCIM100MEDIAA lease to CKPB LLC. The approximately 4,517 square foot industrial property is located in Highland Industrial Center at 3000 S. Highland Dr., Suite C in Las Vegas. Chris Connell and Grant Traub of Colliers International represented the lessor, FKC Highland LLC.
 

 

 

3880 Civic Center DriveA lease to Art Hernandez. The approximately 4,015 square foot industrial renewal property is located in Civic Center Corporate Park at 3880 Civic Center Dr. in North Las Vegas. Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the lessor, MCA Civic Center II LLC.
 

 

 

5075 Cameron Street, Suite DA lease to Peptec Supply LLC. The approximately 3,508 square foot industrial property is located in Cameron Reno Business Park at 5075 Cameron St., Suite D in Las Vegas. Mike DeLew, SIOR and Greg Pancirov, SIOR of Colliers International represented the lessor, Rock Creek Properties LLC.
 

 

 

4351 Corporate Center Dr, Ste 301A lease to CIRI Services Corporation. The approximately 3,029 square foot industrial property is located in Westland Center at 4351 Corporate Center Dr., Suite 301 in North Las Vegas. Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the lessor, The Realty Associates Fund XI LP.
 

 

 

2710 E Patrick Ln Ste 4A lease to Compound Effect LLC. The approximately 2,800 square foot industrial property is located in Patrick Airport Center at 2710 E. Patrick Ln., Suite 4 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.
 

 

 

3873 E Craig Rd Suite 8A lease to T Properties LLC. The approximately 2,423 square foot industrial property is located in Craig Business Center at 3873 E. Craig Rd., Suite 8 in North Las Vegas. Mike DeLew, SIOR and Greg Pancirov, SIOR of Colliers International represented the lessor, Las Vegas Tire LLC.
 

 

 

5670 Wynn Rd Ste GA lease to Popcake North America LLC. The approximately 2,025 square foot industrial property is located in Kalb Business Center at 5670 Wynn Rd., Suite G in Las Vegas. Spencer Pinter of Colliers International represented the lessor, Spring Mountain Developers LLC.
 

 

 

8778 S Maryland Pkwy Ste 110A lease to Tick Talk Therapy LLC. The approximately 1,050 square foot office property is located in Scottsdale Plaza at 8778 S. Maryland Pkwy., Suite 110 in Las Vegas. Chris Connell and Grant Traub of Colliers International represented the lessor, SREF Scottsdale Plaza LLLP.
 

 

 

35 E Horizon Ridge PjwyA lease to Skye Communications LLC. The approximately 1,036 square foot retail property is located in Horizon Village Square Shopping Center at 35 E. Horizon Ridge Pkwy. in Henderson. Al Twainy, CCIM, David Grant and Amelia Hyden of Colliers International represented the lessor, Horizon Dorado LLC.

Colliers Las Vegas: Bringing Investors, Landlords and Tenants Together For The Holidays

3475-and-3535-west-post-roadA sale to Diamond Southwest Industrial Park LLC. The approximately 42,332 square foot industrial property is located in Diamond Southwest Industrial Center at 3475 and 3515 W. Post Rd. in Las Vegas. The transaction value was $6,300,000. Mike DeLew, SIOR and Greg Pancirov, SIOR of Colliers International represented the seller, Diamond Post LLC.
 

 

rafael-riviera-way-and-lindell-roadA sale to Serdoz @ Rafael Rivera LLC. The approximately 2.5 acre vacant land parcel is located on the Northwest corner of Rafael Rivera Wy. and Lindell Rd. in Las Vegas. The transaction value was $1,900,000. Robert Torres and Scott Gragson of Colliers International represented the seller, Beltway 4.77 LLC.
 

 

5000-west-sahara-avenueA sale to Nevada Auto Real Estate Investments LLC. The approximately 0.86 acre retail land parcel is located at 5000 W. Sahara Ave. in Las Vegas. The transaction value was $1,850,000. Robert Torres and Scott Gragson of Colliers International represented the seller, JRJ Properties.
 

 

3111-south-maryland-parkwayA sale to Barbiere Family Limited Partnership. The approximately 6,012 square foot retail/medial office property is located at 3111 S. Maryland Pkwy. in Las Vegas. The transaction value was $800,000. Chris Clifford, Steve Neiger and Brett Rather of Colliers International represented the seller, LVPS LLC.
 

 

2780-bledsoe-laneA sale to Tri State Steel. The approximately 7,500 square foot industrial property is located on 2780 Bledsoe Ln. in Las Vegas. The transaction value was $675,000. Chris Connell and Grant Traub of Colliers International represented the seller, 2780 Bledsoe LLC.
 

 

A sale to Trajan Holdings LLC. The approximately 2.5 acre land parcel is located near Rainbow Blvd. and Richmar Ave. (APN: 176-23-301-007) in Las Vegas. The transaction value was $625,000. Robert Torres and Scott Gragson of Colliers International represented the sellers, GKT Acquisitions and Alan J. Arnold Trust.
 

 

sobb-and-hinsonA sale to Mach 1 Industries Inc. The approximately 1.25 acre vacant land parcel is located on Sobb Ave. and Hinson St. in Las Vegas. The transaction value was $550,000. Dan Doherty, SIOR, Spencer Pinter, Chris Lane and Jerry Doty of Colliers International represented the seller, CW LV Real Estate LLC.
 

 

 

6265-s-valley-view-boulevardA lease to Bron Tapes of Nevada Inc. The approximately 13,662 square foot industrial property is located in Valley View Corporate Center (Phase II) at 6265 S. Valley View Blvd., Suite L&M in Las Vegas. Spencer Pinter of Colliers International represented the lessor, Valley View I, II & III LLC. Mike DeLew, SIOR and Greg Pancirov, SIOR of Colliers International represented the lessee.
 

 

3862-civic-center-driveA lease renewal to Palladino LLC. The approximately 4,008 square foot industrial property is located in Civic Center Corporate Park at 3862 Civic Center Dr. in North Las Vegas. Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the lessor, MCA Civic Center II LLC.
 

 

6285-valley-viewA lease to Greenline West LLC. The approximately 3,812 square foot industrial property is located in Valley View Corporate Center (Phase I) at 6285 S. Valley View Blvd., Suite E in Las Vegas. Spencer Pinter of Colliers International represented the lessor, Valley View I, II & III LLC.
 

 

6280-pecos-bldg-1A lease to Administrative Headquarters Inc. The approximately 3,160 square foot industrial property is located in Arrowhead Commerce Center, Building 1 at 6280 S. Pecos Rd., Suite 500 in Las Vegas. Spencer Pinter, Dan Doherty, SIOR, Chris Lane and Jerry Doty of Colliers International represented the lessor, KTR LV IV LLC.
 

 

4975-south-fort-apacheA lease to Pop Drinks LLC. The approximately 1,400 square foot retail property is located in Crossroads Plaza at 4975 S. Fort Apache Rd., Suite 109 in Las Vegas. Al Twainy, CCIM and Amelia Hyden of Colliers International represented the lessor, Crossroads Plaza LV LLC.

CBRE Announces Listing of 2,000-Plus Acre Parcel in Laughlin

CBRE CBRE announces today the listing of a large parcel of property in Laughlin, Nevada.  The parcel is approximately 2,000 acres and is located east of Needles Highway, south of Bruce Woodbury Drive and bordered on the west and south by Casino Drive.  The decommissioned Mohave Generating Station is located on the property.

Keith Spencer, First Vice President, CBRE Brokerage Services, is the exclusive real estate broker assisting with the marketing and sale of the property owned by Southern California Edison (SCE), Los Angeles Department of Water and Power (LADWP) and NV Energy.

Centrally located within the southern Nevada community, this unique development opportunity has the potential to transform this historic brownfield to a greenfield for new employment, residential options and services. The existing infrastructure provided by the business-friendly Laughlin community creates an advantage over most alternative development opportunities of this scale. The central location which serves the Tri-State area with convenient access and proximity to popular recreational destinations, are unique benefits. A buyer will be selected by the first quarter of 2017.

For additional information, contact Keith Spencer with CBRE at 702.369.4800.

Hengbang Expo, LLC Picks Up Post Road Parcel

7000 W Post RoadHengbang Expo LLC purchased APN 163-34-713-006 a 0.54 acre parcel located at 7000 West Post Road,  in Las Vegas.  The total value of the transaction was $155,000.00. Cathy Jones, Paul Miachika, Roy Fritz, Jessica Cegavske and David Livingston of Sun Commercial Real Estate, Inc. represented the Seller Post Road Land 8 LLC and Caroline Lee of PMI Realty represented the Buyer.

Market Softening But Still Positive: Colliers Las Vegas Releases Second Quarter Market Report

Colliers LogoColliers International Las Vegas announced today the release of their second quarter market reports. While Southern Nevada’s commercial real estate market showed some softening at the mid-point of 2016, it remained positive overall. The industrial market continued to expand, posting slightly lower net absorption than in the previous quarter, but still enough to push the industrial vacancy rate down to 5.5 percent. The average asking rental rate for industrial space dropped at mid-year to $0.62 per square foot on a monthly basis, the first such drop in four quarters. “We think net absorption will remain positive for the remainder of 2016, but will not keep up with new completions,” remarked John Stater, the research manager of Colliers International’s Las Vegas office.

 

 

Please click here to view the entire report.

Tressler, Zobrist & Lipp Handle Transactions For NGKF

Newmark LogoAimgin, LLC leased 3,050 square feet of retail space for 120 months at 771 E. Horizon Dr., Ste 176-180, from Cornet Plaza, LLC.Total consideration was $519,516.55. Nelson Tressler and Michael Zobrist of Newmark Grubb Knight Frank represented the lessor in the transaction. The approximate aggregate value of the transaction is $1.42 per square foot monthly.

 

Martial Arts Centers, Inc dba M.A.C. Taekwondo leased 2,001 square feet of retail space for 60 months at 8090 Blue Diamond Rd., Ste 150, from Sunstone Diamond, LLC. Total consideration was $185,221.44. Nelson Tressler and Michael Zobrist of Newmark Grubb Knight Frank represented the lessor in the transaction. The approximate aggregate value of the transaction is $1.54 per square foot monthly.

 

Farm Capital Management, LLC sold 3.8 acres of land at NEC N. Durango Dr. & Farm Rd., to ECE I, LLC. Total consideration was $1,400,000.00. David Lipp, CCIM of Newmark Grubb Knight Frank represented the buyer in the transaction. Matthew Nelson of J.A. Kennedy Real Estate represented the seller in the transaction. The approximate aggregate value of the transaction is $8.47 per square foot of land.

 

 

 


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