The CBRE Las Vegas office announces the release of the firm’s 2015 yearly and fourth quarter market statistics for the industrial, office and retail sectors in southern Nevada. Highlights: Industrial – In 2015, the Las Vegas Industrial market posted 4.9 million sq. ft. of positive net absorption, which is a record level for the market. New construction…Read More→
Burlington Coat Factory of Nevada, LLC signed a 120-month $6,125,000 lease for 50,000 square feet of retail space at 2189 W. Craig Road in North Las Vegas. Jeff Mitchell and Joe Cooley with Virtus Commercial represented the lessee and Bob Touma and Chuck Creigh with New Market Advisors represented the lessor, Brixton Craig, LLC. The reported…Read More→
Premier Business Centers signed a 84-month $1,587,003 lease for 14,533 square feet of office space in Augusta Park located at 1489 W. Warm Springs Road, Suite 110 in, Henderson. Chris Emanuel with Virtus Commercial represented the lessor, TIH Augusta Park, LLC. The reported average rent equals $1.30 per square foot.
Dapper Companies, headed by Las Vegas native and longtime local real estate broker and developer J Dapper, announced that three new tenants have leased space at their local properties. Capriotti’s Sandwich Shop franchisee Vegas Cap 7, LLC signed a 10-year lease for 1,800 square feet of space in a multi-tenant building on the northwest corner…Read More→
Riviera Shopping Center, LTD purchased the 100 unit Terravita Apartment Homes, located at 3949 N. Nellis Blvd in Las Vegas for $6,000,000 ($60,000 per unit). Robin Willet, with NAI Vegas, represented the buyer and seller; ABJ Group Enterprises.
Sun Commercial Real Estate is pleased to welcome to our Las Vegas Office Linda Gonzales, Vice President, and Cassie Catania-Hsu, Senior Vice President. Linda is affiliated with many well-known commercial real estate organizations, including NAIOP. She serves on the Membership and Sponsorship Committees and Co-chairs the Events Committee….Read More→
NV Network Insurance signed a 38-month $50,400 lease for 900 square feet of retail space at The Grove located at 445 W. Craig Road, Suite 104, in North Las Vegas. Alma Catalan with Desert Vision Realty represented the lessee and Jakke Farley with Virtus Commercial represented the lessor, High Valley VI, LLC. The reported average…Read More→
S & S Enterprises (Smoke Shop) signed a 40-month $80,104.12 lease for 1,324 square feet of retail space at Cheyenne Pointe located at 2235 E. Cheyenne Avenue, Suite D-140, in North Las Vegas. Maha Madanat with Century 21 represented the lessee and Andrew Fehrman and Jeff Mitchell with Virtus Commercial represented the lessor, Medford Capital,…Read More→
Renewal by Anderson of Las Vegas signed a 1-year $33,720 lease renewal for 5,620 square feet of retail space inside Mountain Point Business Park located at 4525 Spring Mountain Road, Suites 106 and 108 in Las Vegas. Chris Emanuel with Virtus Commercial represented the lessor, Mountain Point, LLC. The reported average rent equals 50 cents…Read More→
Consumer Opinion Services signed a 48-month $342,204 lease for 6,300 square feet of office space at 1860 Pama Lane in Las Vegas. Barton Hyde of Avison Young represented the lessee and Pat Marsh of Colliers International represented the lessor, Pancal Pama One 118. The reported average rent equals $1.13 per square foot.