• The Berg Team with SVN represented Resort Holdings I LLC in the sale of 7460 W. Cheyenne Ave, a two tenant retail property totaling 3,500 SF.  The sale price was $2,200,000.  Dustin Alvino of Marcus and Millichap represented the buyer. The Berg Team with SVN represented Talmer Bank in the sale of 6.81 acres located…Read More→

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  • The Las Vegas office of Cushman & Wakefield/Commerce released its Q3, 2016 Marketbeat report, which details the office, industrial and retail markets, economy and the state of commercial real estate in Southern Nevada. One of the key insights of the report indicates that the lagging Las Vegas office market may be showing signs of resurgence. “The industrial…Read More→

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  • Dr. Dung Bui, DMD renewed lease of approximately 2,010 square feet of office space at Horizon Village Square Office located at 70 E. Horizon Ridge Parkway, Suite 150 in Henderson.  Chris Emanuel of Virtus Commercial represented the lessor, HVS Partners.     MVFEIGHT, LLC dba Tropical Smoothie leased approximately 1,600 square feet of retail space at Black Mountain…Read More→

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  • COMPLETED SALES TRANSACTIONS:  A sale to GKT 5 LLC. The approximately 2.31 acre land parcel is located near W. Badura Ave. and W. Warm Springs Rd. (APN: 176-03-402-002) in Las Vegas. The transaction value was $800,000. Steven Haynes, Robert Torres and Scott Gragson of Colliers International represented the buyer.         COMPLETED LEASE…Read More→

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  • NAI Vegas’ Sauter Multifamily Group announced the sale of Sonoma Shadows (376 units) and Pine Hills Lodge (376 units) apartment portfolio located at 1750 & 1500 Karen Avenue in Las Vegas for $45,496,000 ($60,500 per unit). Art Carll and Patrick Sauter represented the seller, Prime Sonoma Shadows LLC. Westland Real Estate Group purchased the 89%…Read More→

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  • CBRE Group, Inc. announced the sale completion of Storage Direct- Silverado and Storage Direct- Bermuda to Strategic Storage Trust in Las Vegas, Nevada for approximately $28.1 million.  CBRE’s Senior Vice President Nick Walker represented both buyer and the seller, Silverado Mini Storage LLC, in this transaction. Storage Direct, located at 9890 Pollock Drive, is a Class A,…Read More→

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  • Meiji Sangyo Co Ltd purchased Waikiki Palms Apartments, a 26-unit apartment property located at 2565 Lynnwood Street in Las Vegas, NV.  The asset sold for $1,300,000, according to Todd Manning, regional manager of Marcus & Millichap. Michael R. LaBar and Michael L. Shaffner, both Vice Presidents of Investments in Marcus & Millichap’s Las Vegas office, had…Read More→

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  • Las Vegas’ premier real estate operator Northcap joins forces with veterans Devin Lee, CCIM, Antone Brazill, CCIM, and Robin Willett alongside Jerad Roberts and Jason Dittenber to form the city’s largest and most seasoned team of multifamily specialists. The group, which has more than two billion dollars of transactions between them, specifically sought out to…Read More→

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  • Sale Transactions A sale transaction was completed for an industrial property of approximately ±12,800 sq ft. This property is located at 2325 Western Ave Las Vegas, NV 89102. Jarrad Katz SIOR, CCIM and Galit Kimerling and Marty Martell of MDL Group represented the seller. The property sold for $881,800. A sale transaction was completed for…Read More→

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  • A report released today by Xceligent and the Commercial Alliance Las Vegas (CALV) shows the commercial real estate market in Southern Nevada making steady progress during the third quarter of 2016. “As we’ve been saying for some time, the local commercial real estate market continues to make slow and steady progress, although we still have sectors that haven’t fully recovered from…Read More→

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