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.
Category – Office – Las Vegas
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.
CBRE announces today the sale of the Milan Business Center located at 1785 W. Sahara Ave., Las Vegas, NV 89102. Charles Moore, CSM, Marlene Fujita-Winkel and Bart DeBuono of CBRE’s Las Vegas office represented the seller, WCRT Milan Business Center, LLC, in the $1.7 million transaction encompassing 76,140 square feet. The buyer, 1785 Office Center LLC did not have representation.
SK Jones Las Vegas Holdings LLC purchased the Business West Office Building, a 14,800-square foot office property located at 2001 South Jones Boulevard in Las Vegas, NV. The asset sold for $1,650,000 or $111.49/SF.
Tina D. Taylor with Marcus & Millichap’s Las Vegas office, had the exclusive listing to market the property on behalf of the seller, Business West, LLC. The buyer, was secured and represented by Cameron Glinton, also in Marcus & Millichap’s Las Vegas office
Jamboree Bagels signed a 65-month $249,960.75 lease for 1,550 square feet of retail space inside Centennial Gateway at 5770 Centennial Center Blvd. #140 in Las Vegas. Jason Otter, Chris Richardson and Lesllie Vasquez with LOGIC Commercial Real Estate represented the lessor, TAG Centennial Common Owners. The reported average rent equals $2.25 cents per square foot.