A sale to Jahan Moslehi. The approximately 75,999 square-foot retail property is located in Sunrise City Plaza at 2797 S. Maryland Pkwy. in Las Vegas. The transaction amount was $6,750,000. Joseph Bonifatto of Colliers International represented the seller, MLCFC 2007-7 Maryland Parkway LLC A sale to Highland Properties 1415 LLC. The approximately 34,560 square-foot industrial…Read More→
Barton Hyde of Avison Young represented 6787 Tropicana, LLC in the lease of 1,084 square feet of Office space located at The Centre at Spanish Trail, 6787 West Tropicana Ave, Las Vegas, NV 89103. The tenant Apex Properties and Management will occupy the suite for a term of 69 months. The total consideration for this…Read More→
Kris Watier and Brian Seibold of Avison Young represented the Samrose Center, 181 North Arroyo Grande Blvd, Henderson, NV 89074 in the lease of 6,728 square feet of Office space. The tenant, M.E.P. CAD, will occupy Suite 105 for a term of 39 months. The total consideration for this lease is $302,000.00. The lessee was…Read More→
Better-than-expected job growth cut the Las Vegas Valley’s jobless rate to a seven-year low in May according to an article in the Las Vegas Review Journal. (click link for full article). The valley’s unemployment rate fell to 6.6 percent in the month, down from 7.2 percent in April and 7.8 percent in May 2014, the…Read More→
Yuchun Wang & Five Star Gold, LLC signed a 39-month $65,520 lease for 1,200 square feet of retail space at Fort Apache Twain Shopping Center located at 3635 S. Fort Apache Road, Suite 203 in Las Vegas. Frank Liu with NVWM Realty represented the tenant and Troy Tolber with Virtus Commercial represented the landlord, Twin…Read More→
Wednesday, July 8, 2015 12:00 Noon – 1:15 pm Registration begins at 11:45 am Location: Maggiano’s Little Italy, 2nd Floor of the Fashion Show Mall, Valet entrance at Las Vegas Boulevard and Desert Inn Prologis: Investing in Las Vegas – Join us to hear about Prologis’ recent activity in the Las Vegas market and their exciting future plans…Read More→
Demographic shifts — the impact of retiring Baby Boomers and the rise of the Millennial generation – will likely have the most significant impact on real estate near- and long-term, according to The Counselors of Real Estate®, which today released its official CRE® 2015-16 Top Ten Issues Affecting Real Estate, a list it compiles annually. Demographic…Read More→
Las Vegas Residential Properties, LLC purchased the 160-Unit Parkwood Apartments, located at 3417 East Cheyenne Ave, in North Las Vegas for $7,760,000 ($48,500 per unit). The Seller was Parkwood Apartments, LLC. Art Carll, Patrick Sauter and Devin Lee with NAI Vegas represented both sides of the transaction.
A sale to Elevon Corporate Park LLC. The approximately 2.47 acre industrial property is located in the Henderson Corporate Park at 111, 115, 121, and 125 Corporate Park Dr. in Henderson. The transaction amount was $3,900,000. Greg Pancirov SIOR and Mike DeLew SIOR of Colliers International representedthe buyer. A sale to Absolute Primary Care…Read More→
BPLV, LLC sold the 183 unit Boulder Palms apartments located at 4350 Boulder Hwy in Las Vegas, to The Bascom Group, LLC. Total consideration was $10,350,000.00. Doug Schuster, Curt Allsop, Vittal Ram, and Diane McKinney of Newmark Grubb Knight Frank represented the seller in the transaction.