Ovation Development Corp. and Accessible Space recently completed the $13.8 million, 101-unit Tempo Senior Apartments at 5625 South Hollywood Blvd. in Las Vegas. The low-income affordable senior rental development created an 200 construction jobs over the past year. More than 75% of the financing for Tempo Senior Apartments came from a competitive award of Federal…Read More→
Martin-Harris Construction is building a $23 million 110,000-square-foot Catamaran prescription fulfillment center inside the 122-acre UNLV Harry Reid Technology Park near Sunset Road and Durango Drive in southwest Las Vegas. The two-story build-to-suit complex, designed by 10 Nine Group, is being developed by The Molasky Group of Cos. The center will employ 450 people upon…Read More→
Zerorez Las Vegas LLC signed a 63-month $471,515 lease for 12,008 square feet of industrial space inside Warm Springs Crossing III, on 1.2 acres, at 7540 Dean Martin Drive, Suite 502-503, in Las Vegas. Colliers International’s Chris Lane represented the lessor, KTR LV Loan LLC; Voit Real Estate’s Jennifer Levine and Elizabeth Moore represented the…Read More→
First California Mortgage Co. signed a 39-month $173,056 lease for 3,141 square feet of office space inside the 16-year-old Village Square at Peccole Ranch, on 20.5 acres, at 9440 W. Sahara Ave. in Las Vegas. Cushman & Wakefield Commerce’s Bob Hawkins and Dan Palmeri represented the lessor, 9440 West Sahara Holdings LLC; CBRE’s Bob Taylor…Read More→
Frederic and Barbara Rosenberg Family Trust bought the former 6,400-square-foot Cruise America RV Rentals building, on 2.3 acres, 6070 Boulder Highway in Las Vegas for $885,000, or $138-per-square-foot, from Burton-Bowels LLC. Cushman & Wakefield-Commerce’s Neil Sorkin represented the seller; Platinum Real Estate Professionals’ Bob Diamond represented the buyer.
Polar Air & Heating Co. signed a 37-month $44,974 lease for 1,922 square feet of industrial space inside Brookhollow Business Park, on 6.8 acres, at 7320 Smoke Ranch Road, Suite B, in Las Vegas. Cushman & Wakefield-Commerce’s Bob Hawkins and Dan Palmeri represented the lessor, KP Brookhollow LLC; Re/Max Unlimited’s Shannon Dehelean represented the lessee….Read More→
MSCI 2006-IQ11 signed a 3-year $109,256 lease for 2,371 square feet of office space inside the 16-year-old Pointe North, on 2.31 acres, at 7324 W. Cheyenne Ave., Suite 2, in Las Vegas. Sun Commercial’s Cathy Jones, Paul Miachika, Jessica Cegavske, and Roy Fritz represented the lessor, MSCI 2006-IQ11. The reported average rent equals $1.28 per square foot.
Box Canyon Holdings LLC bought a 10-year-old 6,500-square-foot medical office building, on 0.79 acres, inside the Las Vegas Technology Center at 2615 Box Canyon Dr. in Las Vegas for $1,210,000, or $186-per-square-foot, from Phase One Properties LLC. Sun Commercial’s Cathy Jones, Paul Miachika, Jessica Cegavske, and Roy Fritz represented the seller; Douglas L. Crook & Associates’ Douglas Crook represented…Read More→
Gloamin Holdings LLC bought the two-building, 16,411-square-foot Retail Shops at Sunset, on 1.95 acres, at 1311-1321 W. Sunset Road in Henderson for $7.6 million, or $463-per-square-foot, from Boulder City Partners. Cushman & Wakefield-Commerce’s Dan Hubbard and Todd Manning represented the seller. The 11-year-old 100% leased retail center features Chipotle, Cold Stone, Pei Wei Jimmy Johns,…Read More→
Ceco Enterprises bought 4.42 acres of land at the southeast corner of Maryland Parkway and Cactus Avenue in Henderson for $1.5 million, or $339,366-per-acre, from CA Las Vegas ECA LLC. ROI Commercial’s Brian Sorrentino represented the buyer; Sun Commercial’s Cathy Jones, Paul Miachika, Jessica Cegavske, and Roy Fritz represented the seller.