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Category – Office

Virtus Commercial Recent Transactions Across The Region

Valley View BusinessLocate Holdings, Inc has leased approximately 1,920 SF of industrial space at Valley View Business Center, located at 6280 S. Valley View Blvd. Ste. 614, in Las Vegas.  Theresa Vinuya with Heller Companies represented the Lessor, York Nevada Management, LLC II and Matt Feustel of Virtus Commercial represented the Lessee.

 

 

 

 

 

Copper PointeIglesias Bautista La Senda has leased approximately 1,475 SF of office space at Copper Pointe, located at 4510 S. Eastern Ave. Ste. 1, in Las Vegas.  Jakke Farley of Virtus Commercial represented the Lessor, Murphy Family Trust.

 

 

 

 

 

arville industrialEC Supplies, LLC and Premium Granite, LLC has leased approximately 2,280 SF of industrial space at Arville Industrial Park, located at 4560 S. Arville St., in Las Vegas.  David Burns of Commercial Specialists represented the Lessor, 4520 Orville and McKinley Manor and Erick Ramirez of Virtus Commercial represented the Lessee.

 

 

 

 

 

Buffalo AltaSameer Z. Israel has leased approximately 1,498 SF of retail space at Buffalo Alta Center, located at 450 S. Buffalo Dr. Ste. 112, in Las Vegas.  Jackie Zlatanovski of Virtus Commercial represented the Lessee and Brett Beck of Virtus Commercial represented the Lessor, Buffalo Alta Center, LLC.

 

 

 

 

 

 

 

Century ParkRobinson Law Group, CHTD has leased approximately 1,025 SF of office space at Century Park, located at 1771 E. Flamingo Rd. Ste. B120, in Las Vegas.  Brian Antflick of Era Brokers Consolidated – Gladstein Group, represented the Lessee and Brett Beck of Virtus Commercial represented the Lessor, Flamingo Spencer Garden LLC.

HB Readies It’s Move To Renovated Gambler’s Book Shop Site – Dapper Companies

HBdapperAs announced last September by Las Vegas developer J Dapper, Henriksen/Butler (HB), an interior furnishings and architectural products design and distribution company with offices in Nevada, Utah and Idaho, has renovated and will be moving to the former site of Gamblers Book Shop at 630 S. 11th St.

HB is known for renovating historic buildings to house its offices, having previously renovated the Holsum Bread Lofts on West Charleston, its Las Vegas office space for the past 12 years. Having now outgrown the space, the company is excited to move its office to another historic building.

“Our approach to building spaces is based on a core value of recapturing and reclaiming existing architecture,” said Dave Colling, chief executive officer at Henriksen/Butler. “We made a choice 14 years ago to be part of Downtown Las Vegas, so when we outgrew our space at Holsum Lofts, we knew we wanted to stay in the area. When we heard that J Dapper was revitalizing the Huntridge neighborhood and had bought the corner at 11th Street and Bonneville (Avenue), we looked at the space and saw it as our future home. Renovating the building comes at a higher cost, but we believe it’s right for our employees, the local community and the environment.”

Dapper has invested nearly $10 million in three commercial real estate properties near the intersection of Charleston Boulevard and Maryland Parkway in the historic Huntridge neighborhood of Downtown Las Vegas, including the building at 630 S. 11th St.

“The renovation of Gamblers Book Shop has been my passion project,” noted Dapper. Along with Henriksen/Butler, we have spent nearly $2 million on the exterior, interior and landscaping of the property.”

The Gamblers Book Shop was founded in 1964 by John and Edna Luckman, however the building dates back to 1955. What started as a hobby quickly became the largest gaming book store in the world.

With its bold bow truss ceiling and skylights, Colling said HB has designed the space to support 20 employees, while flexible enough to hold nearly double that on any given occasion. Thoughtfully designed around the principles of “living office,” the space embodies HB’s point of view on the future of work, allowing employees, remote teams, vendors, customers and the local design community to comfortably work and connect together.

Team members working in the office space can choose from a broad range of settings.

“Dave and his team at HB share our vision of creating new environments while keeping much of the history of Downtown Las Vegas,” Dapper said. “In addition to the beautifully designed interior, our teams have worked with the city of Las Vegas to build an outdoor patio to be used by employees as part of their workspace. We’ve also incorporated native desert landscape to soften building edges and help filter views into the interior showroom space. I couldn’t be more thrilled with the design.”

As with all Henriksen/Butler designs, the entire space has been planned to connect the architecture to the furniture to the technology. Technology is integrated into the walls using DIRTT’s innovative prefabricated interior construction, which Colling said is more green, more flexible and more sustainable. DIRTT is a leading technology-driven manufacturer of highly customized interiors and is used by HB in many of the interiors it designs.

For additional information and photos from the project, visit https://hbdg.com/news/2017/new-h-b-las-vegas-office-completed

 

 

 

Tarkanian Professional Center 100% Occupied With New Lease To Blue Lotus

Danny TarkanianDanny Tarkanian, the commercial real estate developer of the Tarkanian Professional Center, announced today that its 91,859-square-foot plaza of retail and Class A professional office buildings will be 100 percent leased as of August 1.

Situated in the southwest part of the Las Vegas Valley, just off of the 215 Beltway and adjacent to St. Rose Dominican San Martin Hospital, the Tarkanian Professional Center consists of two retail buildings and one Class A office building.

“This is a great milestone, and we’re proud to say that we’re now fully leased,” Tarkanian said. “With the southwest part of town seeing so much development lately, the center provides an ideal location and value that appeals to both small and large businesses.”

The last tenant to lease space at the Tarkanian Professional Center is Blue Lotus Counseling Services, a locally owned business that provides therapy and counseling services for individuals, couples and families.

Additionally, Tarkanian has three vacant lots available at the center, with plans to build two more retail buildings, one with 5,000 square feet and the other with 13,000 square feet, as well as a three-story, 88,000-square-foot Class A office building. After completion, this additional retail and office space will be available for lease.

Tarkanian Professional Center:

Located in the heart of the southwest part of the Las Vegas Valley, adjacent to St. Rose Dominican San Martin Hospital, the Tarkanian Professional Center provides more than 91,000 square feet of retail and Class A professional office space. With convenient access to Summerlin and the Las Vegas Strip, the Tarkanian Professional Center is conveniently located and close to a wide range of businesses, restaurants, mass transit lines and various medical practices.

 

 

CommCap Advisors Provide Refinancing For Aliante Corporate Center

allanteAliante Corporate Center is comprised of two buildings totaling 55,671 square feet. Built in 2005, the project stands out as the only high quality office park located within the immediate area. The site also contains a vacant pad available for construction of a third similar building.

commcap

 

 

 

 

Loan Information:

Type of transaction:  Loan- Life Company

Address:  2470 Nature Park Drive, North Las Vegas, NV 89084

Borrower:  Palmdale Center Westgate LLC

Mortgage Broker:  Matthew Hoyt of CommCap Advisors (mhoyt@commcapnv.com)

Loan Amount:  $4,370,000

Total square feet:  55,671

Details:  Value-add refinance deal. The project exhibited above market levels of vacancy, inconsistent historical income trends, and maintained grey-shell space. Despite the vacancy, CommCap delivered a full leverage (70%+) permanent loan with a below market interest rate.

Avison Young Brings 2650 Tenaya Up To 100% Occupancy

2650 TenayaBarton Hyde and Scott Donaghe of Avison Young represented the landlord, C-3 Asset Management in the 120 month lease of 35,528 square feet located at 2650 North Tenaya Road to DaVita Medical Management Services Nevada. The complicated transaction to consolidate 3 of DaVita’s medical specialties under one roof, all with different lease expiration dates, took almost a year to negotiate and complete.  Dan Palmeri of Cushman & Wakefield represented the tenant. The medical office lease is valued at $4,855,257.  This building is now 100% occupied.

IREPLV And CBRE Close Sale-Lease-Back Investment

IREPLVThe sale of Desert Perinatal Associates, a ±24,465 square-foot medical office building was completed on July 18, 2017. The building is located at 5761 South Fort Apache Rd inside the Venture Professional Center. The total transaction value was $8,800,000.00. Mike Young of IREPLV and Matt Bear of CBRE represented the buyer, DP Medical LLC. The seller was A&W Real Estate Holdings, LLC.

Cushman & Wakefield Commerce Confirms Strong Deal Activity This Summer

marbeyaDigital PCS Nevada, Inc renewed 1,721 SF of office space at Marbeya Business Park, 6655 W Sahara Ave, Ste C110, Las Vegas 89146. Nick Barber and Jeremy Foley of Cushman & Wakefield Commerce represented the lessor, Pacific Peninsula, LLC.

 

 

Russell CrossingsShawn Lievense leased 550 SF of retail space at Russell Crossings, 5651 S Grand Canyon Dr, Ste 105, Las Vegas 89148. Lauren Tabeek, CCIM and Katelyn Panella of Cushman & Wakefield Commerce represented the lessor, Berryessa Plaza, LLC.

 

 

35656 E PostOnTime Deliver, Inc leased 1,508 SF of office space at 3565 E Post Rd, Ste 105, Las Vegas 89120. Pete Janemark, CCIM of Cushman & Wakefield Commerce represented the lessor, AMJ 3565 Post, LLC.

 

 

 

35656 E PostA&R Diversified Human Services, LLC leased 2,763 SF of office space at 3565 E Post Rd, Ste 105, Las Vegas 89120. Pete Janemark, CCIM represented the lessor, AMJ Craig, LLC.

 

 

 

 

222 S RainbowInfinite Possibilities Adult Day Center, LLC leased 222 S Rainbow Blvd, Ste 201-212, Las Vegas 89145. Pete Janemark, CCIM of Cushman & Wakefield Commerce represented the lessor, 222 Rainbow, LLC.

 

 

 

 

4845 JudsonCivil Werx, LLC leased 1,850 SF of office space at 4845 Judson Ave, 2nd Fl, Las Vegas 89115. Pete Janemark, CCIM of Cushman & Wakefield Commerce represented the lessor, Alexander & Belmont, LLC.

 

 

 

6205 s PearlBRC, Inc leased 4,800 of industrial space at Prologis Arrowhead Commerce Center 7, 6205 S Pearl St, Ste 1200, Las Vegas 89120. Elizabeth Moore and Jennifer Levine, CCIM of Cushman & Wakefield Commerce represented the lessee.

 

 

 

2537 e washburnNinehorn, LLC leased 4,075 SF of industrial space at 2537 E Washburn Rd, North Las Vegas 89081. Elizabeth Moore and Jennifer Levine, CCIM represented the lessor, Haresh & Gopal Idnani.

 

 

 

 

222 S RainbowLexie and Alley, LLC dba Rescue Test Strips. leased 610 SF of Office space at Rainbow Office Park, 222 S. Rainbow Blvd., Suite 219, Las Vegas 89145. Pete Janemark of Cushman & Wakefield Commerce represented the lessor, 222 Rainbow, LLC.

 

 

 

810-durangoBrec Lighting, LLC leased 800 SF of Office space at Angel Park, 810 S. Durango Road, Suite 102, Las Vegas 89145. Pete Janemark of Cushman & Wakefield Commerce represented the lessor, SET Properties c/o Priority One Commercial.

 

 

 

Red Feather PlazaUnder-Weight Fitness & Martial Arts, LLC leased 3,783 SF of industrial space at Red Feather Plaza, 3281 N. Decatur Blvd., Suite 185, Las Vegas 89130.  Pete Janemark of Cushman & Wakefield Commerce represented the lessor, Red Feather Property LLC.

 

 

Charleston ValleyAnchor Injury Law Group renewed 1,122 SF of office space at Charleston Valley View Business Park, 3841 W Charleston Blvd, Ste 201, Las Vegas 89102. Neil Sorkin and Bob Hawkins of Cushman & Wakefield Commerce represented the lessor, WBCMT 2007-C33 Charleston Boulevard, LLC.

 

 

 

The canyonsHall, Prangle, & Schoonveld, LLC expanded their office space by 1,385 SF at The Canyons, 1160 Town Center Dr, Stes 200 and 160, Las Vegas 89144. Jayne Cayton and Matt Kreft of Cushman & Wakefield Commerce represented the lessee.

 

 

 

Pines Office CenterBlood Systems, Inc dba United Blood Services of Nevada renewed 1,025 SF of office space at Pines Office Center, Ste 104, Las Vegas 89117. Nick Barber and Jeremy Foley of Cushman & Wakefield Commerce represented the lessor, Pines Office Center, LLC.

 

 

 

7303 s DecaturABS Decatur Enterprises bought 1.68 acres of land for $1,400,000 at 7303 S Decatur Blvd. Nick Barber and Jeremy Foley of Cushman & Wakefield Commerce represented the buyer.

 

 

 

 

Cheyenne PointWorldwide Cellphone, LLC leased 1.016 SF of retail space at Cheyenne Pointe, 2315 E Cheyenne Ave, Ste 120, Las Vegas 89030. Dan Hubbard, Jason Park, and Eric Rogosch of Cushman & Wakefield Commerce represented the lessor, Medford Capital, LLC.

 

 

Centennial PlazaDavid Biesinger dba Centennial Foot and Ankle leased 1,285 square feet of retail space at Centennial Plaza, 150 E. Centennial Parkway, Suite 106, N. Las Vegas 89084. Lauren Tabeek and Katelyn Panella of Cushman & Wakefield Commerce represented the seller/landlord, Centennial 5 Development LLC.

 

 

marbeyaAmber Care Hospice Inc. renewed their lease of 992 square feet office space at Marbeya Business Park 6655 W. Sahara Avenue, Suite B108, Las Vegas 89146. Nick Barber and Jeremy Foley of Cushman & Wakefield Commerce represented the seller/landlord, Pacific Penninsula LLC.

 

 

 

Palms Business CenterClark County renewed 9,424 SF of industrial space at Palms Business Center North, 2980 Meade Ave, Las Vegas 89102. Leo Biedermann of Cushman & Wakefield Commerce represented the lessor, Fisher Brothers Las Vegas, LLC.

 

 

Valley View CommerceMaster Craft Carpet Service, Inc leased 11,688 SF of industrial space at Valley View Commerce Center, 5230 S Valley View Blvd, Ste A & B, Las Vegas 89118. Elizabeth Moore and Jennifer Levine, CCIM of Cushman & Wakefield Commerce represented the lessor, Valley View Commerce Ctr LLC.

 

 

 

Gibson PalmsPerma Treat, Inc leased 1,508 SF of industrial space at Gibson Palms Corporate Park, 118 Corporate Park Dr, Ste 117, Henderson 89074. Leo Biedermann of Cushman & Wakefield Commerce represented the lessor, Olymbec USA, LLC.

 

 

 

Spectrum Office PlazaKaplan Neurology Chartered, P.C. leased 2,773 square feet of office space at Spectrum Office Plaza, 2445 Fire Mesa, Suite 190, Las Vegas 89128. Bob Hawkins of Cushman & Wakefield Commerce represented the seller, Anderson & Puryear Pistashio, LLP.

 

 

 

7340 SmokeTransamerica Audio Group, Inc. renewed their lease of 5,011 square feet of office space at 7340 Smoke Ranch Road, Suite A, Las Vegas 89128. Bob Hawkins of Cushman & Wakefield Commerce represented the seller, Brookhollow Business Park, LLC.

 

 

7340 SmokeUNLV renewed their lease of 1,614 square feet of office space at 7310 Smoke Ranch Road, Suite Q, Las Vegas 89128. Bob Hawkins of Cushman & Wakefield Commerce represented the seller, Brookhollow Business Park, LLC.

 

 

Imperial PlazaSin City Ventures Corp. dba Home Cleaning Centers of America leased 1,325 SF of Retail space at Imperial Plaza, 4343 N. Rancho Drive, Suites 219-220, Las Vegas 89130. Bob Hawkins and Neil Sorkin of Cushman & Wakefield Commerce represented the lessor, Royal Investors Group, LLC.

 

 

 

7340 SmokePicture This Clothing LLC   leased 2,074 SF of Office space at Brookhollow Business Park, 7310 Smoke Ranch Road, Suite M, Las Vegas 89128.  Bob Hawkins and Neil Sorkin of Cushman & Wakefield Commerce represented the lessor, Brookhollow Business Park, LLC.

Virtus Commercial Recent Retail & Office Leasing Activity

RevereLumberjack’s Restaurant has leased approximately 5,800 SF of retail space at Revere Marketplace, located at 965 W. Craig Rd., in North Las Vegas.  Robert S. Hatrak II of Virtus Commercial represented both the Lessor, Las Vegas Adventure, LLC and the Lessee.

 

 

 

DCIM100MEDIADJI_0053.JPGSilver State Schools Credit Union has leased approximately 3,930 SF of retail space at Cactus Plaza, located at 3698 Cactus Ave. – Pad Building A, in Las Vegas.  Robert S. Hatrak II of Virtus Commercial represented the Lessee.

 

 

 

 

 

 

 

ReverePup Star Industries, LLC has leased approximately 1,190 SF of retail space at Revere Marketplace, located at 955 W. Craig Rd. Ste. 113, in North Las Vegas.  Jakke Farley of Virtus Commercial represented the Lessee and Robert S. Hatrak II of Virtus Commercial represented the Lessor, Las Vegas Adventure, LLC.

 

 

 

Mountain PointIBISS Global Inc has leased approximately 1,760 SF of retail space at Mountain Point, located at 4545 Spring Mountain Rd. #102, in Las Vegas.  Jae Rim of Key Realty represented the Lessee and Robert S. Hatrak II represented the Lessor, Mountain Point, LLC.

 

 

 

 

 

 

Augusta Park1Angela Stueber has leased approximately 1,527 SF of office space at Augusta Park, located at 1481 W. Warm Springs Rd. Ste. #129, in Henderson.  Robert S. Hatrak II of Virtus Commercial represented both the Lessee and the Lessor, Augusta Park 8 LLC.

 

 

 

 

 

 

 

150 e centCentennial Foot & Ankle has leased approximately 1,285 SF of retail space located at 150 E. Centennial Parkway #106, in North Las Vegas.  Lauren Tabeek of Cushman & Wakefield Commerce represented the Lessor, Centennial Development, LLC and Matthew Feustel of Virtus Commercial represented the Lessee.

 

 

 

 

Pioneer SquareNine Dragons LLC has leased approximately 1,043 SF of retail space at Pioneer Square, located at 3375 S Decatur Blvd. Ste. 7, in Las Vegas.  Gary Beck of Virtus Commercial represented the Lessee and Brett Beck of Virtus Commercial represented the Lessor, Pioneer Square LLC.

 

 

 

Sahara EdmondEditing and Drone Services has leased approximately 414 SF of office space at Sahara Edmond Plaza, located at 5300 & 5310 W. Sahara Ave. Ste. 102, in Las Vegas.  Gary Beck and Jeffrey Antalik of Virtus Commercial represented the Lessee and Brett Beck of Virtus Commercial represented the Lessor, Sahara Edmond Plaza LLC.

 

 

 

 

 

 

Great AmericanNoble Wolf Barbers LLC has leased approximately 1,146 SF of retail space at Great American Plaza, located at 8320 W. Sahara Ave. #170, in Las Vegas.  John Murillo of Great American Capital represented the Lessor, KAP Holdings and Preston Abell of Virtus Commercial represented the Lessee.


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