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Category – MDL Group

Hayim Mizrachi, CCIM Reviews Las Vegas’s Commercial Real Estate Resilience

MDL Group Names Hayim Mizrachi Managing Partner

In January I heard two economists forecast the next recession will hit the nation around 2019. You can read more about it more here in my previous “Takeaways”. During the month of April I attended two events – both organized by NAIOP of Southern Nevada– that discussed major projects in Southern Nevada and the realities of passing Question 2 (a.k.a. recreational marijuana)

What I learned from these events makes me feel like even if the US Economy will recede in 2019; Las Vegas could skip that recession. Here are 2 reasons why.

1. The amount of capital that is in the works creating jobs (specifically in construction), coupled with the timing of these several large projects.

2. Las Vegas has fundamentally changed post the great recession increasing capacity and sophistication with this development cycle.

What did I learn at the two NAIOP events? Why do I believe Las Vegas has fundamentally changed? Which projects are so significant?

Please click here for link to full article.

MDL Group Recent Transactions

  • mdl 2A sale transaction was completed for a single tenant at Spanish Trail Business Park approximately ±5,000 sq ft. This property is located at 4982 S Rainbow Blvd Las Vegas, NV 89118. Jerry Hagfeldt, Jarrad Katz SIOR, CCIM and Galit Kimerling of MDL Group represented the seller. The property sold for $950,000.
  • A sale transaction was completed for a single tenant NN leased surgery center of approximately ±4,800 sq ft. This property is located at 3150 W Charleston Blvd Las Vegas, NV 89102. Jarrad Katz SIOR, CCIM and Galit Kimerling of MDL Group represented the seller. The property sold for $1,972,800.
  • A lease transaction completed at 3875 S Jones Blvd #102 & 103 to Adrenaline Studios, of approximately ±5,000 square feet. The office space is located at 3875 S Jones Blvd #102 & 103 Las Vegas, NV 89103. Lisa Anderson of MDL Group represented the tenant.
  • A lease transaction completed at 2475 W Cheyenne Ave to Gold Metal Service, of approximately ±2,183 square feet. The industrial space is located at 2475 W Cheyenne Ave North Las Vegas, NV 89032. Marty Martell of MDL Group represented the landlord.
  • A lease transaction completed at 2267 W Gowan Rd to Jesse Potter, of approximately ±1,250 square feet. The industrial space is located at 2267 W Gowan Rd North Las Vegas, NV 89032. Marty Martell of MDL Group represented the landlord.
  • A lease transaction completed at 4550-4560 Donovan Way to Fix My Ac LLC, of approximately ±1,224 square feet. The industrial space is located at 4550-4560 Donovan Way North Las Vegas, NV 89081. Marty Martell of MDL Group represented the landlord.
  • A lease transaction completed at 2750 W Brooks Ave to Rapid Recovery, of approximately ±1,939 square feet. The industrial space is located at 2750 W Brooks Ave North Las Vegas, NV 89032. Marty Martell of MDL Group represented the landlord.
  • A lease transaction completed at Augusta Park to Salisi Human Capital, of approximately ±1,179 square feet. The office space is located at 1485 W Warm Springs #133 Henderson, NV 89014. Brendan Leake of MDL Group represented the tenant.
  • A lease transaction completed at Spanish Trail Business Park to Robertson Bright Inc, of approximately ±2,402 square feet. The office  space is located at 4966 S Rainbow Blvd Las Vegas, NV 89118. Brendan Leake and Hillary Steinberg of MDL Group represented the landlord.
  • A lease transaction completed at Peak Professional Plaza to GS Integrated Health Care, of approximately ±2,533 square feet. The office space is located at 7250 Peak Dr Las Vegas, NV 89128. Brendan Leake and Jerry Hagfedlt of MDL Group represented the landlord.
  • Three lease transactions completed at Cheyenne Fountains to Sweet House, Bike Worx and Vegas Strip Jerky LLC, of approximately ±4,400 square feet. The retail spaces are located at 7440-7450 W Cheyenne Ave Las Vegas, NV 89129. Hillary Steinberg and Jason Rosenberg of MDL Group represented the landlord.
  • A lease transaction completed at South Park Plaza to Ink Masters Las Vegas, of approximately ±800 square feet. The retail spaces is located at 5645 S Eastern Ave #6 Las Vegas, NV 89119. Hillary Steinberg of MDL Group represented the landlord.
  • A lease transaction completed at West Sahara Town Plaza to MXI Studios, Inc, of approximately ±900 square feet. The retail space is located at 6332 W Sahara Ave, Las Vegas, NV 89146. Hillary Steinberg and Jason Rosenberg of MDL Group represented the landlord.
  • A lease transaction completed at Lake Mead Center to Davita Medical NV, of approximately ±2,800 square feet. The office space is located at 129 W Lake Mead Pkwy, Henderson, NV 89015. Jerry Hagfedlt of MDL Group represented the landlord.
  • A lease transaction completed at Green Valley Corporate Center to Progistics-TAG, of approximately ±10,072 square feet. The office space is located at 2270 Corporate Circle Dr #220 Henderson, NV 89074. Jerry Hagfedlt of MDL Group represented the tenant.

MDL Group Announces Several Completed Deals

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MDL Group has announced the following transactions:

  • A sale transaction was completed for a single tenant NN leased medical property of approximately ±11,995 sq ft. This property is located at 150 S Valley View Las Vegas, NV 89107. Jarrad Katz SIOR, CCIM and Galit Kimerling of MDL Group represented the seller. The property sold for $5,685,591.
  • A sale transaction was completed for a single tenant NN leased  medical property of approximately ±10,199 sq ft. This property is located at 2065 N Las Vegas Blvd Las Vegas, NV 89030. Jarrad Katz SIOR, CCIM and Galit Kimerling of MDL Group represented the seller. The property sold for $3,245,000.
  • A lease transaction completed at 930 Wigwam Pkwy for Z Batting Cages, of approximately ±12,312 square feet. The industrial building is located at 930 Wigwam Pkwy Henderson, NV 89014. Sam Scaletta and Tony Scaletta of MDL Group represented the landlord.
  • A lease transaction completed at 5645 S Eastern to Scales N Tails, of approximately ±800 square feet. The retail space is located at 5645 S Eastern Ave Las Vegas, NV 89119. Hillary Steinberg of MDL Group represented the landlord.
  • A lease transaction completed at 3160 Desert Inn to LV Cell Fix, of approximately ±1,000 square feet. The retail space is located at 3160 Desert Inn Rd #3 Las Vegas, NV 89121. Hillary Steinberg of MDL Group represented the landlord.
  • A lease transaction completed at The Shoppes at the Palazzo to REVIV, of approximately ±1,000 square feet. The retail space is located at 3327 S Las Vegas Blvd Las Vegas, NV 89109. Hillary Steinberg of MDL Group represented the tenant.
  • A lease transaction completed at Flamingo Verde to Goh Insurance & Tax, of approximately ±1,200 square feet. The retail space is located at 6020 W Flamingo Rd #13 Las Vegas, NV 89103. Lisa Anderson of MDL Group represented the landlord.
  • A lease transaction completed at Sunset Ridge Professional Plaza to Zip Hub Inc, of approximately ±4,365 square feet. The office space is located at 2920 N Green Valley #712 & #713 Henderson, NV 89014. Jerry Hagfeldt of MDL Group represented the landlord.
  • A lease transaction completed at McLeod Business Center to Climate Control Experts, of approximately ±6,270 square feet. The industrial space is located at 3070 E Post Rd #A Las Vegas, NV 89120. Jarrad Katz SIOR, CCIM and Galit Kimerling of MDL Group represented the tenant.
  • A lease transaction completed at 4011 E Sunset Rd to Abuzz LLC, of approximately ±2,354 square feet. The retail space is located at 4011 E Sunset Rd Henderson, NV 89014. Jarrad Katz SIOR, CCIM and Galit Kimerling of MDL Group represented the landlord.
  • A lease transaction completed at Pageantry West to Brighton Home Health and Hospice, of approximately ±2,076 square feet. The office space is located at 8945 W Russell Rd #310 Las Vegas, NV 89148. Jarrad Katz SIOR, CCIM, Brendan Leake and Galit Kimerling of MDL Group represented the landlord.
  • A lease transaction completed at Cameron Hacienda for SLS Production Inc, of approximately ±1,601 square feet. The industrial building is located at 5320 Cameron St Las Vegas, NV 89118. Marty Martell of MDL Group represented the tenant.
  • A lease transaction completed at Craig Road Business Center for Unity Homes LLC, of approximately ±3,281 square feet. The industrial building is located at 4550 Donovan Way North Las Vegas, NV 89081. Marty Martell of MDL Group represented the landlord.
  • A lease transaction completed at Whitney Ranch for Daniel Woods Photography, of approximately ±1,800 square feet. The industrial building is located at 1010 N Stephanie St Henderson, NV 89014. Marty Martell of MDL Group represented the landlord.

MDL Group Recent Transactions

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SOLD PROPERTIES

  • A sale transaction was completed for an office/industrial property of approximately ±6,060 sq ft. This property is located at 4109 Wagon Trail Ave Las Vegas, NV 89118. Jarrad Katz SIOR, CCIM and Galit Kimerling of MDL Group represented the seller. The property sold for $885,000.
  • A sale transaction was completed for an office property of approximately ±6,298 sq ft. This property is located at 2904 W Horizon Ridge #101 & 121 Henderson, NV 89052. Jarrad Katz SIOR, CCIM and Galit Kimerling of MDL Group represented the seller. The property sold for $1,133,640.
  • A sale transaction was completed for an industrial property of approximately ±41,660 acre. This property is located at 814, 920, 924 Commerce St Las Vegas, NV 89106. Lisa Anderson & Sam Scaletta of MDL Group represented the seller. The property sold for $4,275,000.
  • A sale transaction was completed for an industrial property of approximately ±3,914 sq ft. This property is located at 1051 Olsen St #1211 Henderson, NV 89011. Sam Scaletta and Tony Scaletta of MDL Group represented the seller. The property sold for $382,500.

 

LEASED PROPERTIES

  • A lease transaction completed at 3320 N Buffalo for ITC Service Group Acq, of approximately ±2,242 square feet. The office building is located at 3320 N Buffalo Dr #102 Las Vegas, NV 89129. Jarrad Katz SIOR, CCIM and Galit Kimerling of MDL Group represented the tenant.
  • A lease transaction completed at Flamingo Verde to Giovanni Mauro, of approximately ±3,600 square feet. The retail building space is located at 6020 W Flamingo Rd #9,10 & 11 Las Vegas, NV 89103. Lisa Anderson of MDL Group represented the landlord.
  • A lease transaction completed at Flamingo Verde to My Peak Wireless, of approximately ±1,200 square feet. The retail building space is located at 6020 W Flamingo Rd #6 Las Vegas, NV 89103. Lisa Anderson of MDL Group represented the landlord.
  • A lease transaction completed at Charleston Marketplace to Daniel Perez dba Barber Shop, of approximately ±1,155 square feet. The retail building space is located at 5900 W Charleston Blvd #3 Las Vegas, NV 89146. Lisa Anderson and Michael Boscia of MDL Group represented the landlord.
  • A three-part lease and sub-lease transaction completed at 1616 S Decatur Blvd, 3325 W. Desert Inn and 3431 S Decatur Blvd. Michael Boscia of MDL Group represented the tenant, Las Vegas Car & Truck. The transaction involved finding and moving Las Vegas Car and Truck to their new location at 1616 S Decatur and then facilitating two subleases of the relinquished spaces. The total square feet of the transaction was approximately 13,600.
  • Two lease transactions were completed the office complex known as River Park. Jasco Technology LLC, leased approximately ±1,698 square feet and Addus Healthcare leased approximately +/- 2,209 square feet. River Park is located at 6122-6150 W Sahara Ave, Las Vegas, NV 89146. Michael Boscia of MDL Group represented the landlord.
  • A lease transaction completed at Rainbow Express Village to a Thai Restaurant, of approximately ±3,441 square feet. The retail space is located at 1750 S Rainbow Blvd #6,7,8 Las Vegas, NV 89146. Michael Boscia of MDL Group represented the landlord.
  • A lease transaction completed at 5835 W Flamingo to Vegas Valley Motors Inc, of approximately ±5,040 square feet. The retail space is located at 5835 W Flamingo Rd Las Vegas, NV 89103. Michael Boscia of MDL Group represented the tenant.
  • A lease transaction completed at 600 S Tonopah to Lyons Physical Therapy, of approximately ±1,874 square feet. The office space is located at 600 S Tonopah Dr Las Vegas, NV 89106. Alexia Crowley CCIM, and Jerry Hagfeldt of MDL Group represented the landlord. Derek Belanus represented the tenant.
  • A lease transaction completed at Sterling Park to Elizabeth Blau & Associates, of approximately ±1,597 square feet. The office space is located at 7560 W Sahara Ave #108 Las Vegas, NV 89117. Alexia Crowley CCIM, and Jerry Hagfeldt of MDL Group represented the landlord. Jim Hill of ROI represented the tenant.
  • A lease transaction completed at Lake Mead Centre to M&K Billing, of approximately ±2,115 square feet. The office space is located at 129 W Lake Mead #18 Henderson, NV 89015. Alexia Crowley CCIM, and Jerry Hagfeldt of MDL Group represented the landlord.
  • A lease transaction completed at Lake Mead Centre to Nationwide Insurance, of approximately ±655 square feet. The office space is located at 133 W Lake Mead #110 Henderson, NV 89015. Alexia Crowley CCIM, and Jerry Hagfeldt of MDL Group represented the landlord.
  • A lease transaction completed at Lake Mead Centre to Lampe Chiropractic, of approximately ±1,290 square feet. The office space is located at 133 W Lake Mead #200 Henderson, NV 89015. Alexia Crowley CCIM, and Jerry Hagfeldt of MDL Group represented the landlord.
  • A lease transaction completed at Town Square to MAC Cosmetics, of approximately ±2,005 square feet. The office space is located at 6623 S Las Vegas Blvd Las Vegas, NV 89119. Jerry Hagfeldt of MDL Group represented the tenant.
  • A lease transaction completed at Sundance Park to CityWide Home Loans Inc, of approximately ±3,240 square feet. The office space is located at 5888 Sunset Rd #101 Las Vegas, NV 89118. Jerry Hagfeldt of MDL Group represented the landlord.
  • A lease transaction completed at 2750 W Brooks to Pamela Provenza, of approximately ±1,543 square feet. The industrial space is located at 2750 W Brooks Ave #101 Las Vegas, NV 89032. Marty Martell of MDL Group represented the landlord.
  • A lease transaction completed at 4560 Donovan Way to Arsineh Mardian, of approximately ±1,131 square feet. The industrial space is located at 4560 Donovan Way #D North Las Vegas, NV 89081. Marty Martell of MDL Group represented the landlord.
  • A lease transaction completed at 5320 Cameron St to SLS Production Inc, of approximately ±1,601 square feet. The industrial space is located at 5320 Cameron St Las Vegas, NV 89118. Marty Martell of MDL Group represented the tenant.
  • A lease transaction completed at The Grand Canal Shoppes to Kabob Empire by Angelina’s, of approximately ±1,152 square feet. The retail space is located at 3377 S Las Vegas Blvd #2258 Las Vegas, NV 89109. Hillary Steinberg of MDL Group represented the tenant.
  • A lease transaction completed at Buffalo Center to Lance’s Aquarium, of approximately ±1,214 square feet. The retail space is located at 450 S Buffalo Dr Las Vegas, NV 89145. Hillary Steinberg of MDL Group represented the tenant.
  • A lease transaction completed at South Park Plaza to Yami Smoke Shop, of approximately ±800 square feet. The retail space is located at 5645 S Eastern Ave Las Vegas, NV 89119. Hillary Steinberg of MDL Group represented the landlord.
  • A lease transaction completed at 3752 Civic Center to Hector’s Automotive North, of approximately ±5,000 square feet. The industrial space is located at 3752 Civic Center Dr North Las Vegas, NV 89030. Sam Scaletta and Tony Scaletta of MDL Group represented the landlord.
  • A lease transaction completed at Pebble Marketplace to New Style Nails, of approximately ±1,338 square feet. The retail space is located at 1000 N Green Valley Pkwy #530 Henderson, NV 89074. Sam Scaletta and Tony Scaletta of MDL Group represented the tenant.
  • A lease transaction completed at Arville Commerce Center to Wrap Technologies LLC, of approximately ±1,890 square feet. The industrial space is located at 4610 Arville St Las Vegas, NV 89103. Sam Scaletta and Tony Scaletta of MDL Group represented the landlord.

 

December 13th at Jones Beltway Business Park: Party With Hayim At MDL Group’s New HQ Groundbreaking

mdl-group-logoWHAT: Jones Beltway Business Park construction commencement will be commemorated with an official Ground Breaking Ceremony and Celebration.  Construction of this 16,500 square foot office development, comprised of two buildings on 1.93 acres demonstrates new growth in Las Vegas expansion phase, which including this project.

Distinguished guests of honor scheduled to attend the event include, County Commissioner Steve Sisolak; Las Vegas Metro Chamber of Commerce President & CEO Kristin McMillan.

WHO:  Representatives from Nevada General Construction (Contractor), Encompass Studio (Architect), Chase Bank (Project Financing), Civil Works (Civil Engineer), Henriksen Butler (Furniture Vendor), and MDL Group (Developer and Owner Occupant) will be present regarding the Jones Beltway Business Park Project.

WHEN:  Press conference and official ground breaking ceremony begins at 10:30 am with Champaign Toast and raffle immediately following until 11:30 pm, Tuesday, December 13, 2016.

WHERE: Jones Beltway Business Park, 5960 S. Jones Blvd. (NEC of Jones Blvd. and Ponderosa Way.)

WHY: The Jones Beltway Business Park is one of only few significant office development projects in the Southern Nevada region and clearly demonstrates the start of office expansion.  MDL Group is a local small business (commercial real estate and property management) that made the decision to build its new office building vs. leasing or buying an existing building.

Please contact; Hayim Mizrachi        702-388-1800              hmizrachi@mdlgroup.com

Alexia Crowley Obtains CCIM Designation

alexia-crowleyCertified Commercial Investment Member (CCIM) is a recognized expert in the disciplines of commercial and investment real estate. The designation is awarded by the CCIM Institute, after a candidate is required to complete an education component (comprised of a four-course curriculum, an online ethics course, negotiation training, and elective courses from the Ward Center for Real Estate Studies). Then the candidate must compile a portfolio of qualifying experience, and pass the Comprehensive Exam testing mastery of the concepts introduced in the core CCIM courses.

“Going through such a rigorous process to obtain a professional designation like the CCIM demonstrates a high level of dedication an agent’s development.” Says, Hayim Mizrachi, President | Principal of MDL Group. Hayim and the 2 other working partners of MDL Group all hold the CCIM designation. “MDL Group has been involved with CCIM since 1991. There is little more that a real estate professional can do to advance themselves for the benefit of better advising their clients.”

Alexia Crowley is a Senior Associate at MDL Group specializing in medical and professional office sales and leasing. She is a graduate from University of Nevada Las Vegas, with a Bachelor of Science in Business Administration with a focus in Marketing. In addition to her CCIM, Alexia has earned her designation as a LEED Green Associate having an up-to-date understanding of the most current green building principles and practices.

Recent MDL Group Transactions

Sale Transactions

  • A sale transaction was completed for an industrial property of approximately ±12,800 sq ft. This property is located at 2325 Western Ave Las Vegas, NV 89102. Jarrad Katz SIOR, CCIM and Galit Kimerling and Marty Martell of MDL Group represented the seller. The property sold for $881,800.
  • A sale transaction was completed for an office property of approximately ±22,554 sq ft. This property is located at 7448-7530 W Sahara Ave Las Vegas, NV 89117. Jarrad Katz SIOR, CCIM and Galit Kimerling of MDL Group represented the seller. The property sold for $2,750,000.
  • A sale transaction was completed for a land parcel of approximately ±0.89 acre. This property is located at NWC Sahara and Stockton Ave. Jarrad Katz SIOR, CCIM and Galit Kimerling of MDL Group represented the buyer. The property sold for $630,000.
  • A sale transaction was completed for an industrial property of approximately ±5,566 sq ft. This property is located at 1051 Olsen St #3411 Henderson, NV 89011. Sam Scaletta and Tony Scaletta of MDL Group represented the seller. The property sold for $609,000.
  • A sale transaction was completed for an industrial property of approximately ±3,914 sq ft. This property is located at 1051 Olsen St #1211 Henderson, NV 89011. Sam Scaletta and Tony Scaletta of MDL Group represented the seller. The property sold for $382,500.
  • A sale transaction was completed for an industrial property of approximately ±5,290 sq ft. This property is located at 1051 Olsen St #4111 Henderson, NV 89011. Sam Scaletta and Tony Scaletta of MDL Group represented the seller. The property sold for $550,160.
  • A sale transaction was completed for a land parcel of approximately ±2.06 Acres. This property is located at SEC Blue Diamond and Mohawk. Alexia Crowley and Jerry Hagfeldt of MDL Group represented the buyer, Interlinks LLC. Michael Reiss of Reiss Properties represented the seller. The property sold for $1,050,000.

Lease Transactions

  • A lease transaction completed at Sterling Park for Table Top Solutions, of approximately ±5,170 square feet. The office building is located at 7448 W Sahara Ave #101 Las Vegas, NV 89117. Jarrad Katz SIOR, CCIM and Galit Kimerling of MDL Group represented the landlord.
  • A lease transaction completed at Sterling Park for Danville Services of NV LLC, of approximately ±3,768 square feet. The office building is located at 7448 W Sahara Ave 103 & 105 Las Vegas, NV 89117. Jarrad Katz SIOR, CCIM and Galit Kimerling of MDL Group represented the landlord. Lisa Anderson of MDL Group represented the tenant.
  • A lease transaction completed at Charleston Marketplace to Karma Ultra Lounge, of approximately ±5,775 square feet. The retail building space is located at 5900 W Charleston Blvd #5-9 Las Vegas, NV 89146. Lisa Anderson and Michael Boscia of MDL Group represented the landlord.
  • A lease transaction completed at Cascade Valley Court to Dr. Warren Wirtz, of approximately ±1,750 square feet. The medical office space is located at 7180 Cascade Valley Ct Las Vegas, NV 89128. Michael Boscia and Alexia Crowley of MDL Group represented the landlord.
  • A lease transaction completed at Champion Village Plaza to D&M Children’s Boutique, of approximately ±1,022 square feet. The retail space is located at 55 S Gibson Rd Henderson, NV 89014. Michael Boscia of MDL Group represented the landlord.
  • A lease transaction completed at Rainbow Express Village to Vilma Sempadian, of approximately ±150 square feet. The retail office space is located at 1750 S Rainbow Blvd #24B Las Vegas, NV 89146. Michael Boscia of MDL Group represented the landlord.
  • A lease transaction completed at 8053 N Durango to Galena European Skin Care LLC, of approximately ±1,288 square feet. The retail space is located at 8053 N Durango Dr Las Vegas, NV 89131. Sam Scaletta and Tony Scaletta of MDL Group represented the landlord.
  • A lease transaction completed at Avrio Walnut Center to GO Components, of approximately ±5,178 square feet. The industrial space is located at 3020 N Walnut Rd Las Vegas, NV 89115. Sam Scaletta and Tony Scaletta of MDL Group represented the tenant.
  • A lease transaction completed at Silver City Plaza for LV Tickets & Tours, of approximately ±200 square feet. The retail space is located at 3001 S Las Vegas Blvd #E-01 Las Vegas, NV 89109. Hillary Steinberg of MDL Group represented the tenant.
  • A lease transaction completed at Placid Corners for LC Luxury Motors, of approximately ±1,200 square feet. The retail space is located at 310 E Warm Springs Rd #F Las Vegas, NV 89119. Hillary Steinberg of MDL Group represented the landlord.
  • A lease transaction completed at Campus Village for Crunch Donut Factory, of approximately ±1,200 square feet. The retail space is located at 1220 E Harmon Ave Suite A-1 Las Vegas, NV 89119. Hillary Steinberg and Michael Boscia of MDL Group represented the landlord.
  • A lease transaction completed at Siena Promenade for Kitchenova, of approximately ±1,295 square feet. The retail space is located at 10271 S Eastern Ave #116 Henderson, NV 89052. Hillary Steinberg of MDL Group represented the tenant.
  • A lease transaction completed at Desert Inn Square for LV Cell Fix, of approximately ±1,000 square feet. The retail space is located at 3160 E Desert Inn Rd Suite 3 Las Vegas, NV 89121. Hillary Steinberg of MDL Group represented the landlord.

 

MDL Transactions of Note

mdl 2A sale transaction was completed for a land parcel of approximately ±5 Acres. This property is located at W Cheyenne Ave & 215 Beltway, Las Vegas, NV. Michael Campbell of MDL Group represented the seller. The property sold for $850,000.

  • A lease transaction completed at Flamingo Verde to Giovanni Mauro Pizzaria, of approximately ±2,400 square feet. The retail building is located at 6020 W Flamingo #10 & #11 Las Vegas, NV 89103. Lisa Anderson of MDL Group represented the landlord Flamingo Verde LLC.
  • A lease transaction completed at West Sahara Plaza to William Philputt of Big Bang Toys & Collectibles, of approximately ±1,206 square feet. The retail building is located at 4601 W Sahara Ave Las Vegas, NV 89102. Hillary Steinberg of MDL Group represented the landlord.
  • A lease transaction completed at Simmons Centre to Bear99 LLC dba Amazing Thai Restaurant, of approximately ±2,500 square feet. The retail building is located at 3000 W Ann Road #109 & #110 North Las Vegas, NV 89031. Hillary Steinberg of MDL Group represented the tenant.
  •  A lease transaction completed at Town Square to MAC Cosmetics Inc, of approximately ±2,005 square feet. The office space is located at 6623 S Las Vegas Blvd #310 Las Vegas, NV 89119. Jerry Hagfeldt of MDL Group represented the tenant.
  • A lease transaction completed at Bonanza Plaza to Spinal Rehab Center Inc, of approximately ±1,100 square feet. The office building is located at 5594 S 4250 E Bonanza Rd Las Vegas, NV 89110. Alexia Crowley and Jerry Hagfeldt of MDL Group represented the tenant. Pete Janemark represented the landlord.
  • A lease transaction completed at Professional Center to Advanced Health LLC, of approximately ±2,152 square feet. The retail building is located at 2551 N Green Valley Pkwy Henderson, NV 89014. Alexia Crowley and Hillary Steinberg of MDL Group represented the tenant. Chris Connell with Colliers International represented the landlord.
  • A lease transaction completed for House of Liquor, of approximately ±2,575 square feet. The retail building is located at 8053 N Durango Drive #160 Las Vegas, NV 89131. Sam Scaletta and Tony Scaletta of MDL Group represented the landlord.
  • A lease transaction completed for Guardian Elite Medical Services LLC, of approximately ±4,276 square feet. The office/warehouse building is located at 2830 Ferne Drive Las Vegas, NV 89104. Jarrad Katz SIOR, CCIM and Galit Kimerling of MDL Group represented the landlord and Shawn M Preston of Signature Real Estate Group represented the tenant.
  • A lease transaction completed at Green Valley Corporate Center for Charles Schwab & CO Inc, of approximately ±11,074 square feet. The office building is located at 2360 Corporate Circle #400 Henderson, NV 89074. Jarrad Katz SIOR, CCIM and Galit Kimerling of MDL Group represented the tenant.

 

MDL Group Continues Strong 2016 Mid Year Activity

A sale transaction was completed for a land parcel of approximately ±1 Acre. This property is located at the southwest corner of Fort Apache and Post Rd, Las Vegas, NV 89148. Michael Boscia CCIM of MDL Group represented the seller. The property sold for $725,000.

A sale transaction was completed of approximately 10-unit multi-family complex. The property is located at 2555 Sherwood St Las Vegas, NV 89109. Neil Dela Cruz and Oliver Kruaprasert of MDL Group represented the seller. The property sold for $490,000.

A sale transaction was completed of an approximately ±11,607 square foot industrial building. The building is located at 4655 Quality Court Las Vegas, NV 89103. Jarrad Katz SIOR, CCIM and Galit Kimerling of MDL Group represented the buyer. The property sold for $985,000.

A sale transaction completed for Pugsley Simpson Coulter Architects, of approximately ±6,000 square feet. The office building is located at 151 E Warm Springs Rd Las Vegas, NV 89119. Jerry Hagfeldt of MDL Group represented the buyer.

A lease transaction completed at Flamingo Verde to Darren Vick, of approximately ±1,200 square feet. The retail building is located at 6020 W Flamingo #7 Las Vegas, NV 89103. Lisa Anderson of MDL Group represented the landlord Flamingo Verde LLC.

A lease transaction completed at Charleston Marketplace to The Sharp Shop, of approximately ±1,701 square feet. The retail building is located at 5900 W Charleston Blvd #130 Las Vegas, NV 89146. Lisa Anderson and Michael Boscia, CCIM of MDL Group represented the landlord.

A lease transaction completed at Champion Village to Sweets 507 LLC, of approximately ±1,148 square feet. The retail space is located at 55 S Gibson Rd #110 Henderson, NV 89012. Neil Dela Cruz of MDL Group represented the landlord Adobe Villas LLC.

A lease transaction completed at Fort Apache Point to Robert D Tiner Guardian Lenders, of approximately ±2,032 square feet. The office building is located at 5594 S Fort Apache Rd #130 Las Vegas, NV 89148. Chris Richardson, CCIM and Jason Otter represented the landlord. Alexia Crowley and Jerry Hagfeldt of MDL Group represented the tenant.

A lease transaction completed for Toyo Auto, of approximately ±3,000 square feet. The industrial building is located at 3216 E Fremont St #5 Las Vegas, NV 89104. Marty Martell of MDL Group represented the landlord.

A lease transaction completed at Whitney Ranch for Quick Dry LLC, of approximately ±1,500 square feet. The industrial building is located at 1010 N Stephanie #A-3 Henderson, NV 89014. Marty Martell of MDL Group represented the landlord.

A lease transaction completed at Whitney Ranch to Katherine Hichman, of approximately ±1,800 square feet. The industrial building is located at 1010 N Stephanie #A-9 Henderson, NV 89014. Marty Martell of MDL Group represented the landlord.

A lease transaction completed for Btrenz LLC, of approximately ±3,000 square feet. The industrial building is located at 3216 E Fremont St #A8 Las Vegas, NV 89104. Marty Martell of MDL Group represented the landlord.

A lease transaction completed for Budget Air Supply LLC, of approximately ±2,280 square feet. The industrial building is located at 4540 S Arville St #B-10 Las Vegas, NV 89103. Marty Martell of MDL Group represented the tenant.

A lease transaction completed at Traverse Point to AJ’s Auto Service, of approximately ±12,607 square feet. The industrial building is located at 920 Wigwam Pkwy Henderson, NV 89014. Sam Scaletta and Tony Scaletta of MDL Group represented the landlord.

A lease transaction completed for NOA Inc. dba Nectar Bath Treats, of approximately ±8,027 square feet. The industrial building is located at 6630 W Arby Lane Las Vegas, NV 89118. Jarrad Katz SIOR, CCIM and Galit Kimerling of MDL Group represented the tenant.

A lease transaction completed at Pueblo Place for Oh La La, of approximately ±1,866 square feet. The retail building is located at 2120 N Rampart Blvd #150 Las Vegas, NV 89128. Hillary Steinberg of MDL Group represented the tenant.

MDL Group Facilitates Build-to-Suit with DaVita | HealthCare Partners in Pahrump, Nevada

mdlgroup-logoMDL Group/CORFAC International announced today that the firm has facilitated the ground up development of a 57,000-square-foot medical office facility in the growing town of Pahrump, Nevada, which is located 60 miles west of Las Vegas. DaVita | HealthCare Partners (www.davitahealthcarepartners.com) will occupy and operate the facility when it opens next year.

Hayim Mizrachi, CCIM, Jarrad Katz, SIOR, CCIM, and Galit Kimerling of MDL Group facilitated the transaction between the land owner, developer and tenant.

Thousandaire Inc. contributed the 7.26 acre land site to the development for approximately $885,000. Dakem & Associates (www.dakemllc.com) was selected through a competitive bid process as the developer and to build the new facility for DaVita | HealthCare Partners. Dakem is a preferred developer for DaVita having delivered dozens of facilities in Southern Nevada over the last 16 years. DaVita executed a long-term lease with the property owner. Terms of the lease could not be disclosed except that the deal was valued in the tens of millions of dollars. The development was funded by Aimee Burford and Bill Oakley, Vice President and Senior Vice President of Real Estate respectively, with Bank of Nevada, a division of the Western Alliance Bank.

“Southern Nevada continues to grow and we are pleased to have the resources to serve the region with comprehensive commercial real estate services. We are particularly proud to be able to work with Dakem and HealthCare Partners in delivering a state of the art healthcare facility to neighboring Pahrump,” said Hayim Mizrachi.

According to U.S. Census data, Pahrump’s population has increased 47.9 percent since 2000. The most recent population survey was in 2010 when the town had 36,441 people. It has grown every year since then, Mizrachi said.


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