SIOR_Header

Category – Retail

California Investor Buys El Pollo Loco Property

2375 saharaBonanni Holdings Nevada LLC , an all cash private investor from California purchased El Pollo Loco, a 2,655-square foot net-leased property located at 2375 East Sahara Avenue in Las Vegas, Nevada. The asset sold for $2,100,000.

Tina D. Taylor, an investment specialist in Marcus & Millichap’s Las Vegas office, had the exclusive listing to market the property on behalf of the Seller, Oakmont West, LLC.  The buyer was an all-cash private investor from California.

Taco Bell Changes Hands

6010 tropicanaMarcus & Millichap announced the sale of Taco Bell, a 2,488-square foot net-leased property located at 6010 W Tropicana Ave in Las Vegas, Nevada. The asset sold for $2,050,000.

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, MRFT, LP.  This was an all-cash exchange buyer from California.

Marcus & Millichap Transacts NNN Property Located On Prime Site

foodMarcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Former Food 4 Less, a 47,625-square foot net-leased property located at 3864 W Sahara Ave in Las Vegas, Nevada. The asset sold for $5,300,000, according to Todd R. Manning, regional manager of the firm’s Las Vegas office.

Ray Germain, First Vice President Investments, and Candace Bare, Senior Associate, in Marcus & Millichap’s Las Vegas office, had the exclusive listingto market the property on behalf of the seller, an individual/personal trust. The Equity Group’s Joseph Anderson and Steve Nosrat represented the Buyer.

This former (dark) Food 4 Less grocery store is located at 3864 West Sahara Avenue in Las Vegas, NV.  According to Germain and Bare, “This transaction represented an excellent opportunity to acquire a 47,625-square foot building situated upon 3.81 acres of land in a densely populated, peak trade area of Las Vegas. The property is located within a uniquely positioned shopping center with tremendous potential for upside. This anchor space is well-poised for redevelopment, with the added flexibility of the continued benefits of the triple net lease with the previous occupant remaining intact while the Buyer determines the appropriate use.”

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.

Don’t Miss Your Class On Evolution – NAIOP Breakfast August 17th

NAIOP Cautious Optimism for Recovery in 2013What: NAIOP Southern Nevada presents “The Evolution of Retail.” The breakfast meeting is sponsored by Cox Business and features a panel of local experts.

NAIOP Southern Nevada is also hosting a Back-to-School Supplies Drive to collect school supplies and monetary donations for Howard H. Hollingsworth Elementary School. Items requested include wide-ruled spiral notebooks, glue sticks, pencils, crayons, washable markers rulers, and other school supplies. Additionally, ties and gently used business attire are still being collected in August to benefit Communities In Schools.

NAIOP Southern Nevada provides educational and informative programs during its monthly member meetings on topics relevant to the commercial real estate development industry. Year-round, NAIOP Southern Nevada hosts mixers and educational programs for its members and potential members. To register or for more information, call (702) 798-7194 or visit www.naiopnv.org.

When: Thursday, Aug. 17

Registration, networking and refreshments begin at 7 a.m., followed by the program from 7:30-8:45 a.m.

Where:The Orleans Hotel & Casino, 4500 W. Tropicana Avenue, 2nd Floor convention area, Las Vegas, Nevada 89103

Who: Dan Hubbard, Cushman & Wakefield, agency leasing broker

Mitch Ogron, local developer, retail pad and multi-tenant properties

Frank Volk, RFK Retail Holdings, developer, Las Vegas Strip Retail update

Adam Malan, Logic Commercial Real Estate, moderator

Michael Zobrist and Nelson Tressler Add New Retail On Sahara

Newmark LogoFaviola Trujillo dba Gama Bakery leased 3,333 square feet of retail space at 4750 W. Sahara Ave, Ste 25-27., from Sahara 3D, LLC. Total consideration was $230,815.56. Director Michael Zobrist and Executive Managing Director Nelson Tressler of Newmark Knight Frank represented the lessor in the transaction.

Creative Foam Corporation dba Streaming Media Sales & Consulting leased 1,438 square feet of retail space at 4760 W. Sahara Ave. Ste 5 from Sahara 3D, LLC. Total consideration was $111,620.96. Director Michael Zobrist and Executive Managing Director Nelson Tressler of Newmark Knight Frank represented the lessor in the transaction.

Marcus & Millichap Sell “Big O Tire” Investment Property For Private Investor

Big OMarcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Big O’ Tires, a 6,150-square foot net-leased property located at 170 N Pecos Road in Henderson, Nevada. The asset sold for $1,650,000, according to Todd R. Manning, regional manager of the firm’s Las Vegas office.

Dustin R. Alvino, First Vice President Investments in Marcus & Millichap’s Las Vegas office, had the exclusive listing to market the property on behalf of the seller, a private investor.

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.


Hit Counter provided by laptop reviews