SBV signed an 87-month $207,000 lease for 1,614 SF of retail space at Canyon Lakes located at 9134 W. Sahara, #2A in Las Vegas. Douglas Crook of Douglas Crook & Associates represented the tenant and Liz Clare, CCIM and Jackie Young of Avison Young represented the landlord, Canyon Lakes. The reported average rent equals $1.47…Read More→
Colliers International announced the following transactions: A sale to CP 121 LLC. The approximately 12,320 square foot industrial property is located in Corporate Park Industrial at 121 Corporate Park in Henderson. The transaction value was $1,663,200. Mike DeLew, SIOR of Colliers International represented the seller, Elevon Corporate Park LLC. Greg Pancirov, SIOR of Colliers International…Read More→
Marcus & Millichap announced the sale of 2407 West Charleston Boulevard, a 4,320-square foot, multi-tenant retail building located in Las Vegas, Nevada. The asset sold for $1,175,000. Dustin R. Alvino represented the seller, Charleston Property, LLC, in the transaction.
For the Full Reports Click Below: Office Report Industrial Report Retail Report The Las Vegas economy is progressively improving as more than 22,000 jobs were added in a year-over-year basis. The unemployment rate in Las Vegas is still higher than the national average; however, it has decreased 0.9 percentage points since Q2, 2015 and…Read More→
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 Pecos Patrick Retail Center, a 7,505-square foot, multi-tenant retail property located in Las Vegas, Nevada. The asset sold for $2,000,000, according to Todd R. Manning, sales manager of the…Read More→
Marcus & Millichap announced the sale of Sage Point Apartments, a 128-unit apartment property located at 1400 E Reno Ave., in Las Vegas. Built in 1982, the property is located just minutes from UNLV, McCarran International Airport, and the Las Vegas Strip. The asset sold for $7,000,000, according to Todd R. Manning, sales manager of the firm’s…Read More→
Virtus Commercial announced the following deals: Redemption World Outreach Church leased approximately 1,505 square feet of office space at Decatur Festival Center located at 4170 S. Decatur Boulevard, Suite C7 in Las Vegas. Brett S. Beck of Virtus Commercial represented the lessor, Decatur Flamingo Garden, LLC, and the lessee. Valley Eyebrowing Threading leased approximately 1,300…Read More→
Dermody Properties, a national industrial real estate owner-operator headquartered in Reno, Nev., recently started construction on a 550,000-square-foot industrial facility on Las Vegas Boulevard near North Walnut Road. United Construction Company is the design-build contractor on the project. The companies expect to complete construction in the Second Quarter of 2017. Upon completion, LogistiCenterSM at Las Vegas Boulevard will feature…Read More→
Tropicana-Mojave, LLC sold the 13,138-square foot PSI building located at 3210 East Tropicana Avenue for $2,400,000. Charlie Mack, CCIM, of Mack Realty represented the seller. Adam Malan of Logic Commercial Real Estate represented the buyer, Raykala.
Cushman & Wakefield/Commerce announced the following deals: The University of Phoenix, Inc leased 10,597 SF of office space at Bank of America Plaza, 300 S 4th St, Las Vegas 89101. Jayne Cayton, Matt Kreft, and Lauren Tabeek of Cushman & Wakefield/Commerce represented the lessor, CCRP/AG BOFA Plaza Owner, LLC. RBSM, LLC leased 3,454 SF of office…Read More→