E Sale, Land ADDRESS SWC of Nellis Blvd. & Geist Ave., 89115 BUYER Millis Nellis, LLC SELLER Criswell Properties, LLC DETAILS 1.39 acres; $292,000 APN 140-17-611-011 BUYER’S REP Ben Millis and Chris Beets of Newmark Grubb Knight Frank SELLER’S REP Gary Burgher of Pro Commercial Real Estate, Inc. H Sale, Office ADDRESS 2811 W. Horizon Ridge Pkwy., 89052 BUYER … [Read more...] about Red Report: April 2016
Avison Young
Red Report: February 2016
E Project, Hotel ADDRESS 1 S. Main St., 89101 CONTRACTOR OF RECORD Breslin Builders DETAILS The Plaza Hotel & Casino in downtown Las Vegas has begun an extensive, multi-million dollar renovation to its rooftop pool including resurfacing and maintenance to the 70 SF pool deck. The new rooftop pool is slated to reopen this summer. Sale, Multi-Family ADDRESS 2895 E. … [Read more...] about Red Report: February 2016
Red Report: November 2015
E Sale, Multi-Family ADDRESS 310 – 400 S. 11th St., 89101 BUYER BDR Cascadia SELLER Norma Jakubowski DETAILS 57 units; $45,947 per unit APN 139-34-712-101 SELLER REP Michael LaBar and Michael Shaffner of Avison Young Sale, Multi-Family ADDRESS 1823 Santa Paula Dr., 89104 BUYER 1823 Santa Paula Apartments, LLC SELLER Eagle Property Partners, LLC DETAILS 12 units; … [Read more...] about Red Report: November 2015
Nevada’s Office Space: Positive Headway
The office space component of Nevada’s commercial real estate market faces a long recovery following the recession. Vacancy and unemployment rates were high, inventory was excessive and landlords struggled to effect leases. In addition, after the recession new construction activity and investor property acquisitions had ceased. Typically, the sector tends to be the last to … [Read more...] about Nevada’s Office Space: Positive Headway
Red Report: August 2015
E Sale, Retail ADDRESS 4741 E. Charleston Blvd., 89104 BUYER H&J Goldman Properties, LLC SELLER 4741 Charleston Acquisition, LLC DETAILS 4,600 SF; $662,644 APN 161-05-510-007 BUYER’S REP Neil Dela Cruz and Hillary Steinberg of MDL Group SELLER’S REP Ben Millis and Chris Beets of Newmark Grubb Knight Frank Lease, Industrial ADDRESS 2542 Abels Ln., 89115 TENANT … [Read more...] about Red Report: August 2015
Red Report: July 2015
E Project, Industrial ADDRESS 5402 E. El Campo Grande Ave., 89115 CONTRACTOR OF RECORD Burke Construction Group DETAILS Burke Construction Group recently completed the 180,000 SF Bed, Bath & Beyond Harmon Distribution Facility Center. Developed by Thomas and Mack Development Group and designed by CASCO, the $5.2 million project included the construction of 120,000 SF of … [Read more...] about Red Report: July 2015
Red Report: June 2015
E Sale, Industrial ADDRESS 410 Mark Leany Dr., 89011 BUYER No Sweat Mechanical LLC SELLER M&R Leasing LLC DETAILS 5,400 SF; $415,000 APN 178-01-412-003 BUYER’S REP Jarrad Katz, CCIM, SIOR and Galit Kimerling of MDL Group SELLER’S REP Jack Holler Commercial Real Estate Lease, Retail ADDRESS 617 Mall Ring Rd., Ste 120, 89014 TENANT Wellness Connection of Nevada … [Read more...] about Red Report: June 2015
Red Report: April 2015
E Project, Other ADDRESS SW Corner of Sahara Ave. & Las Vegas Blvd., 89104 CONTRACTOR OF RECORD Martin-Harris Construction DETAILS Construction is underway on MGM Resorts International’s open-air music venue. The entertainment complex will have a 2,700 SF administration and storage building, 23.3 acres for the main festival area, 7.7 acres for transportation pick-up and … [Read more...] about Red Report: April 2015
Avison Young Expands Las Vegas presence
Scott Donaghe to lead tenant representation services in market Las Vegas, NV – Avison Young, the world’s fastest-growing commercial real estate services firm, announced it has expanded its Las Vegas, NV presence by appointing Scott Donaghe to the firm’s Las Vegas office. Donaghe is part of a 12-person tenant representation team led by Principal Ted Simpson based in Southern … [Read more...] about Avison Young Expands Las Vegas presence
Red Report: March 2015
E Sale, Industrial ADDRESS 4240 N. Lamb Blvd., 89115 BUYER FJM Northpointe Associates LLC SELLER 4240 Lamb Holdings LLC DETAILS 46,624 SF; $2,951,300 APN 140-05-420-000 BUYER’S REP Dean Willmore, SIOR of Colliers International SELLER’S REP Dan Doherty, SIOR of Colliers International Lease, Industrial ADDRESS 5406 El Campo Grande, Ste 180, 89115 TENANT Golden Star … [Read more...] about Red Report: March 2015
Nevada Real Estate & Development Report: October 2014
E Sale, Multi-Family ADDRESS 2850 E. Bonanza Rd., 89101 BUYER Westland Real Estate Group SELLER Hayman Advisors DETAILS 344 units; $14,875,000 APN 139-25-404-002 REP (both) Art Carll, CCIM of NAI Vegas Lease, Office ADDRESS 2490 Paseo Verde Pkwy, Ste 100, 89052 TENANT Bodyspa Salons LANDLORD Flex 2 Buildings 3/4, LLC DETAILS 15,906 SF; $1,913,418 for 87 … [Read more...] about Nevada Real Estate & Development Report: October 2014
Personal Goals of High Net Worth Individuals; Desert Radiologists Receives ACR Award
Monthly Report Focused on “Personal Goals” of High Net Worth Individuals, Released by The Private Bank by Nevada State Bank The Private Bank by Nevada State Bank released the seventeenth edition of its High Net Worth Report series, with this month’s analysis focusing on the personal goals of high net worth individuals. [Read More...] Desert Radiologists Receives Prestigious … [Read more...] about Personal Goals of High Net Worth Individuals; Desert Radiologists Receives ACR Award
Nevada Real Estate & Development Report: September 2014
E Sale, Retail ADDRESS 884 N. Nellis Blvd., 89110 BUYER Halle Properties, LLC SELLER Lutfi Antin Etal DETAILS 28,750 SF; $625,000 APN 140-28-410-007 BUYER’S REP Mark Keyzers of NAI Alliance SELLER’S REP David Lipp, CCIM and Chris Godino of Newmark Grubb Knight Frank Sale, Industrial ADDRESS 5550 Reference St., 89122 BUYER Angelo Infante SELLER Dean R & Penny S … [Read more...] about Nevada Real Estate & Development Report: September 2014
Nevada Real Estate & Development Report: July 2014
E Sale, Multi-Family ADDRESS 1401 N. Lamb Blvd., 89110 BUYER Masuda Family Trust SELLER Brooksone Apartments, LLC DETAILS 193 units; $10,550,000 APN 140-29-101-019 SELLER’S REP Patrick J. Sauter and Art Carll of NAI Vegas The Sauter Multifamily Group H Sale, Multi-Family ADDRESS 1651 American Pacific Dr., 89074 BUYER Hamilton Zanze & Company SELLER The Calida … [Read more...] about Nevada Real Estate & Development Report: July 2014
Nevada Real Estate & Development Report: June 2014
E Project, Industrial ADDRESS 124 S. 6th St., 89101 DETAILS The John E. Carson hotel is being renovated into a mixed-use development that will feature feature both retail and office spaces. Construction of the 19,000 SF space began in April of last year and is expected to be complete by July of this year. Tenants to the renovated space are expected to include Black Spade … [Read more...] about Nevada Real Estate & Development Report: June 2014