Vegas Home Prices Rise, Market Sees More Traditional Buyers

The median price of an existing single-family home sold in Southern Nevada during June was $199,900 – the highest mark since September 2008. This is according to recent statistics released by the Greater Las Vegas Association of REALTORS (GLVAR). The median price is 2.5 percent higher than May and up over 14 percent compared to June… [More...]

TNTS Inc. Signs 60-Month Lease

Colliers International announced the finalization of a 60-month lease to TNTS Inc for an industrial property is located at 3874 Silvestri Lane.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a 60-month lease to TNTS Inc. The approximately 14,998-square-foot industrial property is located at 3874 Silvestri Lane in the Patrick Business Park in Las Vegas. The transaction value was $381,846.43. Renae Russo and Eric Molfetta of Colliers International represented the lessor, Gaumond Family Trust DBA… [More...]

Las Vegas Home Prices See 2.7 Percent Increase

Las Vegas home prices ticked up 2.7 percent in February – even as the valley saw fewer homes selling. According to statistics released by the Greater Las Vegas Association of REALTORS (GLVAR), the median price of an existing single-family home sold in Southern Nevada during February was $190,000, up from $185,000 in January. Total existing homes,… [More...]

Zeo Life Vitamin Supply Signs Lease for Industrial Property

Colliers International announced the finalization of a lease to Zeo Life Vitamin Supply for an industrial property located at 6744 Spencer St.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Zeo Life Vitamin Supply. The 19,540-square-foot industrial property is located at 6744 Spencer St. in Las Vegas. Eric Molfetta of Colliers International represented the lessee. Cynthia Holland of Kennedy Wilson represented the lessor, Spencer Airport Center LLC. About Colliers International Colliers International… [More...]

Nevada Real Estate & Development Report: January 2014

Read the Nevada Real Estate and Development Report: January 2014 - Commercial real estate and development - projects, sales, and leases.

New Year – New Format The ReD Report has a new, easier to read format. Commercial real estate professionals throughout the state have requested the report be categorized in market areas, as opposed to zip codes. The color-coded areas correspond to the map below and each deal is presented in a more concise manner. We… [More...]

Nevada Real Estate & Development Report: November 2013

Read the Nevada Real Estate and Development Report: November 2013 - Commercial real estate and development - projects, sales, and leases.

Projects Las Vegas, 89109 Tutor Perini Building Corp. has begun construction on the third phase of the Marriott’s Grand Chateau, the first vertical construction to occur on the Las Vegas Strip since 2008. Construction is projected for completion mid-2014, and will add 233 tower villas for a total of 643 units at the timeshare resort.… [More...]

Nevada Real Estate & Development Report: October 2013

Nevada ReD Report October 2013: Commercial real estate and development - projects, sales, and leases.

Projects Henderson, 89052 Hospital Burke Construction has begun construction on the Seven Hills Behavioral Institute Expansion project. Plans for the project include the conversion of an existing one story, 15,000 SF office building to an institutional occupancy building. Upgrades will provide additional space for 36 new inpatient psychiatric beds located within two nursing units. The… [More...]

Natomas Creek Nevada LLC Signs Las Vegas Lease

Colliers International announced the finalization of a 64-month lease to Advanced Wheel Sales LLC, the industrial property is located at 3030 N. Lamb Blvd.

LAS VEGAS – Colliers International, Las Vegas announced the finalization of a 64-month lease to Advanced Wheel Sales LLC. The 31,500-square-foot industrial property is located at 3030 N. Lamb Blvd., Suite 106 in the Freeport West Distribution Center. The total transaction value was $581,998. Zac Zaher of Voit represented the lessee. Dean Willmore, SIOR and Eric Molfetta… [More...]

Nevada Real Estate & Development Report: September 2013

Nevada ReD Report September 2013: Commercial real estate and development - projects, sales, and leases.

Projects Las Vegas, 89129 Government J.A. Tiberti Construction has completed renovations on the Durango Hills Water Resource Center. Facility improvements totaled $9.1 million and included construction of two new 8,800 SF structures. The water center was kept open during the 13-month project. MWH Americas served as architect of record. The facility is located at 3271… [More...]

HLM Montague Property LLC Buys Property for $2.1 Million

Colliers International announced the finalization of the sale of a property to HLM Montague Property LLC property is located at 1535 Pama Lane.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of the sale of an industrial property to HLM Montague Property LLC. The 22,689-square-foot property is located at 1535 Pama Lane in Las Vegas. The total transaction value was $2,007,976. Spencer Pinter of Colliers International represented the buyer. Eric Molfetta and Dean Willmore, SIOR of… [More...]