Liz Clare, CCIM and Jacqueline Young of Avison Young represented both parties in the 64 month lease of 1,208 square feet at 3525 South Fort Apache Road, Suite 130 to Farmers Insurance. The landlord was Monteray Vista, LLC. This retail transaction was valued at $116,693.00. Liz Clare, CCIM and Jacqueline Young of Avison Young…Read More→
Marcus & Millichap announced the sale of 3325 East Russell Road , a 51,024-square foot retail property located in Las Vegas, Nevada to Fit Las Vegas LLC. The asset sold for $3,600,000. Dustin R. Alvino, Senior Associate, in Marcus & Millichap’s Las Vegas office, had the exclusive listing to market the property on behalf of the seller, Noval…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 Durango Neighborhood Center, a 11,060-square foot retail property located at 8043-8053 North Durango Drive in Las Vegas, NV. The asset sold for $2,225,000, according to Todd R. Manning, regional…Read More→
Los Angeles-based Decron Properties has sold Flamingo Maryland Shopping Center, a Target-anchored retail center near the Las Vegas Strip in Las Vegas, NV, for $17.5 million. The disposition is part of Decron’s strategy to reduce the size of its commercial portfolio in favor of multifamily assets, which are generating higher rental income growth. In…Read More→
Marcus & Millichap announced the sale of Taco Bell, a 2,334-square foot net-leased property located 3221 N Rancho Dr. in Las Vegas, NV. The asset sold for $1,925,000, according to Todd R. Manning, regional manager of the firm’s Las Vegas office. Tina D. Taylor, an investment specialist in Marcus & Millichap’s Las Vegas office, had the exclusive…Read More→
California-based Get a Haircut, a classic men’s barber shop that combines classic hair cuts with classic rock n’ roll, is now open at The Promenade at Juhl, the 20,000-square-foot ground-level retail component at Juhl, a 344-residence, multi-building community that spans an entire city block in downtown Las Vegas. The Promenade at Juhl officially opened in November…Read More→
LMD LLC, AKA Agora Realty and Management purchased a 100,831 SF retail property located at 1941 N. Decatur Boulevard in Las Vegas. Anchored by Smart & Final Extra, the property closed for $10.25 million. Daniel Adamson, with R.O.I. Commercial Real Estate represented the buyer and seller.
RPV Enterprises, Inc dba Bogarts Bone Appetit leased 4,800 square feet of retail space for 62 months at 245 N. Stephanie St., Ste. C-F, from Roxbury Advisors, LLC. Michael Zobrist and Nelson Tressler of Newmark Grubb Knight Frank represented the lessor in the transaction. BEKK Partners dba A Beautiful Bouquet leased 1,400…Read More→
CBRE announces today the sale of a vacant building formerly occupied by Fresh & Easy located at 9350 W. Lake Mead Blvd, Las Vegas, NV 89134. Charles Moore, CSM, and Marlene Fujita-Winkel, of CBRE’s Las Vegas office represented the seller, Jefferson-Pilot Investments, Inc., in the $1,825,000 transaction encompassing 15,143 square feet. The buyer, Lake Webb…Read More→
KELCOL, LLC sold 12,250 square feet of retail space at 5410-5420 Spring Mountain Rd., to LV SM Investments, LLC. Total consideration was $1,950,000.00 or $159.18/SF. Nelson Tressler and Michael Zobrist of Newmark Grubb Knight Frank represented the seller in the transaction.