Category – Logic Commercial

Edmond Town Center Sells for $5.5 Million

CBRE New Logo 2016CBRE announces today the sale of Edmond Town Center located at 1080 West Owens, in Las Vegas. Charles Moore, CSM, Marlene Fujita-Winkel, CCIM and Bart Debuono of CBRE’s Las Vegas office represented the seller, Edmond Town Center LLC, in the $5,500,000 transaction for the 135,182 square foot property. The buyer, LA Properties Investment INC, was represented by Scot Prince and Neal Anzalotti of LogicCRE.

The property, a shopping center anchored by Buy Low Market, was purchased as an investment.

Eden Nevada, LLC Finds Paradise

TheParkat3900Eden Nevada, LLC signed a 7-year $315,726.04 NNN lease for 1,292 square feet of retail space at The Park at 3900 Paradise.  The property is located at 3900 Paradise Road, in Las Vegas and is owned by RREF CGM II ACQUISITIONS, LLC/Rialto Capital.  Eden Nevada leased suites C-R. Chris Richardson, CCIM, Jason Otter and Lesllie Vasquez with Logic Commercial Real Estate represented the landlord.  The reported average rent equals $2.91 per square foot.

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