Scott Donaghe of Avison Young represented the landlord, CIII in the 60 month lease of 2,588 SF at 411 Bonneville Square to Madyson Capital Management. The total value of the office transaction was $280,300.
Category – Office – Las Vegas
Building Blocks for Business LLC leased 15,039 SF at 6170 N. Durango Road from Centennial Hills Property Owners LLC and Building Blocks for Business LLC. The total transaction volume was $1,699,288. Mike Young and David Livingston of IREPLV, LLC represented the Landlord and Brian Sorrentino, Jennifer Ott, and Angelica Lopez with ROI represented the Tenant.
Soozi Jones Walker, CCIM, SIOR and Bobbi Miracle, CCIM, SIOR of Commercial Executives Real Estate Services recently represented Beltway One Development Group, LLC in the leasing of 3,339 +/- RSF of office space located at 9127 W. Russell Road, Suite 220, Las Vegas, NV to Angius & Terry, LLP. The lease is for 36 months and is valued at $260,076 ($2.16/SF).
Barton Hyde of Avison Young represented the lessor, TPC2 & 6, LLC in the 60 month lease of 3,588 square feet at 7220 Cimarron Road to Nevada Pain. The total value of the transaction was $284,139.
Scott Donaghe of Avison Young represented the lessor, CIII in the 39 month lease of 6,457 square feet at 411 East Bonneville Square to Morris Law Group. The total value of the transaction was $401,000.
Pulmonary Solutions purchased Cumorah Center Building, a 6,283 SF office property located at 7660 W. Sahara Ave., in Las Vegas for $1,187,000 or $188.92/SF. The Larkin Group, NAI Vegas represented the buyer and Bryan Houser with Albright Callister & Associates represented the seller, Golden View Development.
Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Copper Point Business Park, a 12,465-square foot office property located at 4580 South Eastern Avenue in Las Vegas, NV. The asset sold for $1,000,000, according to Todd R. Manning, regional manager of the firm’s Las Vegas office.
Tina D. Taylor, First Vice President Investments, in Marcus & Millichap’s Las Vegas office, had the exclusive listing to market the property on behalf of the seller, Alta Plaza Investments LLC. The Buyer will occupy the property and obtained an SBA loan at closing.
CBRE announced the sale of an office building located 6650 Via Austi Parkway, Las Vegas, NV 89119. Charles Moore, CSM, Marlene Fujita-Winkel and Bart DeBuono of CBRE’s Las Vegas office represented the seller, DIG MCC, LLC, in the $4,750,000 transaction encompassing 14,831 square feet. The buyer, Oil Valley Petroleum LLC, did not have broker representation.
“This is a fully leased building in the Marnell Corporate Center that transacted at one of the highest price-per-square-foot levels since the recession,” said Fujita-Winkel.
The 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.