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Category – Newmark Grubb Knight Frank

Newmark Knight Frank Represents The Sale Of 93,000sf Industrial Property

Newmark LogoNewmark Knight Frank represented Boli Family Trust, et al. and Peter & Jill Boli CO-TRS in the sale of 249-257 Elliott Rd., a 93,600 square foot industrial property, to 15100 Family Limited Partnership. Total consideration was $6,100,000.00. NKF’s Director Chris Beets represented the seller in the transaction. Bradford Dessy of First Western Properties, Inc. represented the buyer in the transaction.

NGKF Recent Sales

ngkfJohn M. Gigar and Karen Gigar, as Trustees of the Gigar Family Revocable Living Trust Dated 3/1/05 sold 6,756 square feet of industrial space at 4260 W. Tompkins Ave., to Daniel P. Pursel, Jill M. Vukasin and Thomas K. Pursel, Successor Trustees of the Thomas L and Joan H. Pursel 1991 Living Trust Agreement. Total consideration was $913,500.00. Managing Director Ben Millis, SIOR and Associate Director Dave Wrzesinski of Newmark Knight Frank represented the seller in the transaction. Gabe Telles of Gatski Commercial represented the buyer in the transaction.

 

Annallen, LLC sold 1,300 square feet of office space at 3830 W. Ann Rd., to Emily J. Escanuela. Total consideration was $140,000.00. Managing Director Ben Millis, SIOR and Associate Director Dave Wrzesinski of Newmark Knight Frank represented the seller in the transaction. Arno Niesten of Berkshire Hathaway represented the buyer in the transaction.

Newmark Grubb Knight Frank Announces The Following Retail Transactions

Newmark2X H Enterprises, Inc. dba Kung Fu Tea leased 1,310 square feet of retail space at 467 E. Silverado Ranch Blvd., Ste. 140, from Empress Group, LLC. Total consideration was $111,434.40. Director Michael Zobrist and Executive Managing Director Nelson Tressler of Newmark Grubb Knight Frank represented the lessor in the transaction.

RDJD, Inc. dba Cricket Wireless leased 1,163 square feet of retail space at 7425 S. Durango Dr., Ste. 102, from DM Rhodes Ranch, LLC. Total consideration was $158,861.91. Director Michael Zobrist and Executive Managing Director Nelson Tressler of Newmark Grubb Knight Frank represented the lessor in the transaction.

Luna Vega Enterprises, Inc. dba Fausto’s leased 1,400 square feet of retail space at 229 N. Stephanie St., Ste. A, from Roxbury Advisors,LLC. Total consideration was $188,736.20. Director Michael Zobrist and Executive Managing Director Nelson Tressler of Newmark Grubb Knight Frank represented the lessor in the transaction.

Newmark Grubb Knight Frank Transactions

Newmark logoNewmark Grubb Knight Frank announced the following transactions:

InStyle Furniture, Inc dba InStyle Furniture leased 11,626 square feet of retail space at 2600 S. Decatur Blvd, from SAHPAV, LLC & Maryland View, LP. Total consideration was $655,125.10. Michael Zobrist and Nelson Tressler of Newmark Grubb Knight Frank represented the lessor in the transaction.

 

Gamma Pecos-McLeod, LLC purchased 35,700 square feet of a 2 building office complex at 3740 & 3760 Pecos-McLeod Interconnect. Total consideration was $5,970,000. Larry Singer and Michael Tabeek, SIOR, CCIM of Newmark Grubb Knight Frank represented the buyer in the transactions.

333 Orville Wright Ct Changes Hands

333orvilleThe Robert L. Hartsfield & Margery K. Hartsfield Trust sold 15,034 square feet of industrial space at 333 Orville Wright Ct., to The David S. Colvin Revocable Family Trust. Total consideration was $1,950,000.00. Ben Millis, Chris Beets, and Dave Wrzesinski of Newmark Grubb Knight Frank represented the seller in the transaction. Greg Tassi of CBRE represented the buyer in the transaction.

Newmark Grubb Knight Frank Recent Transactions



245stephanieRPV Enterprises, Inc dba Bogarts Bone Appetit leased 4,800 square feet of retail space for 62 months at 245 N. Stephanie St., Ste. C-F, from Roxbury Advisors, LLC. Michael Zobrist and Nelson Tressler of Newmark Grubb Knight Frank represented the lessor in the transaction.

 

 

 
217stephanie_northBEKK Partners dba A Beautiful Bouquet leased 1,400 square feet of retail space for 60 months at 217 N. Stephanie St., Ste. C, from Roxbury Advisors, LLC. Michael Zobrist and Nelson Tressler of Newmark Grubb Knight Frank represented the lessor in the transaction.

Newmark Grubb Knight Frank Details Recent Sales And Leasing Activity

Newmark logoSales

Wells Fargo Bank N.A. sold 15,976 square feet of retail space at 7083 W. Craig Rd., to Craig 95 Holdings, LLC. Total consideration was $3,725,000.00. Nelson Tresler and Michael Zobrist of Newmark Grubb Knight Frank represented the buyer in the transaction.

AMP Development, LLC sold 4,051 square feet of industrial space at 2551 E. Washburn Rd., to 2567 E. Washburn Rd, LLC. Total consideration was $325,000.00. Ben Millis, Chris Beets, and Dave Wrzesinski of Newmark Grubb Knight Frank represented the seller in the transaction. Dan Doherty of Colliers International represented the buyer in the transaction.

Leases

Crossqueens Fitness, LLC dba Orangetheory Fitness leased 3,290 square feet of retail space at 4245 S. Grand Canyon Dr, Ste 109, from E-Grand Ventures, LLC. NGKF has currently leased out 90% of the shopping center leaving only 2 spots available. Total consideration was $366,808.32. Michael Zobrist and Nelson Tressler of Newmark Grubb Knight Frank represented the lessor in the transaction.

NGKF Recent Leasing Activity

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Gems of the Sea, LLC dba Playa Papagayos Retsuarant leased 3,163 square feet of retail space for 60 months at 4760 W. Sahara Ave, Ste 20-21, from Sahara 3D, LLC. Total consideration was $189,780.00. Michael Zobrist and Nelson Tressler of Newmark Grubb Knight Frank represented the lessor in the transaction.

Empire Comics & Games, LLC dba Empire Comics & Games leased 1,686 square feet of retail space for 60 months at 5431 S. Rainbow Blvd, Ste C-1, from Levian Flamrain Las Vegas, LLC & Ravan Flamrain Las Vegas, LLC. Total consideration was $134,268.36. Michael Zobrist and Nelson Tressler of Newmark Grubb Knight Frank represented the lessor in the transaction.


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