The Spanos Corp. signed a 2-year lease for 1,281 square feet of Class A office space inside the 68-acre Hughes Center master-planned business park at 3960 Howard Hughes Parkway in Las Vegas. Colliers International’s Lizz Stilley, Tom Stilley, Ryan Martin and Patti Dillon represented the lessor, Crescent Real Estate Equities.
Quality Control Systems signed a 5-year, $97,500 lease for 5,000 square feet of light-industrial space, on 0.28 acres, inside the 21-year-old Post Road Industrial Park at 3220 W. Post Road in Las Vegas. Colliers International’s Chris Connell represented the lessor, Roberta Louise Smith. The reported average rent equals 33 cents per square foot triple net.
Pure Essence Laboratories signed a 64-month, $701,732 lease renewal for 15,406 square feet of industrial space inside KTR Capital Partners‘ Arrowhead Commerce Center at 6155 S. Sandhill Road, Suite 100 and 200, in Las Vegas. Colliers International’s Spencer Pinter, Dan Doherty, and Chris Lane represented the lessor, KTR LV IV, LLC. The reported average rent equals 71 cents per…Read More→
7699 Post Road LLC bought a 4-year-old, 6,150-square-foot office building, on 0.63 acres, inside the Buffalo/215 Business Park at 7705 W. Post Road in Las Vegas for $338,250, or $55 per square foot, from PF 1 Buffalo, LLC. Colliers International’s Pat Marsh represented the seller.
Dr. Cesar Estela signed a 5-year, $208,216 lease for 2,078 square feet of medical office space inside the Galleria Office Complex, on 0.85 acres, at 1399 Galleria Drive, Suite 100-A, in Henderson. McMenemy Investment Services’ Ron McMenemy represented the lessor, Trimmer Family LLC. The reported average rent equals $1.67 per square foot full service gross.
SCV Horizon Ridge bought a two-year-old, 6,237-square-foot office building, on 0.5 acres, inside Horizon Ridge Professional Park at 2480 W. Horizon Ridge Parkway in Henderson for $1,329,500, or $213 per square foot, from Horizon Ridge Professional Park LP. McMenemy Investment Services’ Ron McMenemy represented the buyer; First Federal Realty DeSimone’s Joseph DeSimone represented the seller.
Precision Group, Inc. signed a 32-month, $57,538 lease expansion for 3,038 square feet of industrial space inside the 4-year-old Gibson Wigwam Business Center, on 2.26 acres, at 50 N. Gibson Road, Suites 165 and 170, in Henderson. Colliers International’s Greg Pancirov and Mike DeLew represented the lessor, Wigwam/Gibson, LLC. The reported average rent equals 59 cents per square foot.
SF Galleria LLC bought a 10-year-old, 42,255-square-foot office building, on 2.36 acres, at 1291 W. Galleria Dr. in Henderson for $3.3 million, or $78 per square foot, from Via Alatoire St. and W. Galleria Dr., LLC. Sun Commercial Real Estate’s Cathy Jones and her team represented the seller; Sperry Van Ness’ David Stubbs represented the buyer.
Irene E. Porter, a longtime homebuilding industry leader, died on Thursday, June 28. She was 69. Porter served as the executive director of the Southern Nevada Home Builders Association for 35 years before retiring earlier this year. Porter’s savvy understanding of the local marketplace and regional politics helped propel the association to become the state’s largest and most powerful residential…Read More→
The Berg Investment Group has joined Sun Commercial Real Estate. The group made-up of brothers Jeff and Mica Berg most recently worked at the Las Vegas office of Colliers International. The duo each holds the title of senior associate. The group focuses on selling and leasing investment properties, including triple net investments, multi-tenant retail and office complex, and grocery…Read More→