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...]

NorthMarq Capital Arranges $8 Million Refinance of Arabella Apartments in Henderson, Nevada

NorthMarq Capital’s regional office secured the refinance of a 120-unit multifamily property located at 4375 E. Sunset Road in Henderson, Nevada.

LOS ANGELES – Daniel B. McCarthy, senior vice president/senior director of NorthMarq Capital’s Los Angeles based regional office secured the $8 million refinance of Arabella Apartments, a 120-unit multifamily property located at 4375 E. Sunset Road in Henderson, Nevada. The transaction was structured with a 10-year term and 30-year amortization schedule. Northmarq arranged financing for the… [More...]

Hospice Collecting School Supplies for Students in Need

Nathan Adelson Hospice locations will serve as drop-off points to collect school supplies for local elementary students. The hospice will be collecting supplies for students at Robert L. Taylor and Sunrise Acres elementary schools. The drive continues until Aug. 18. “Many schools unfortunately suffer from a lack of funding, and a large number of students… [More...]

Marcus & Millichap Arranges the Sale of a 6,146 Square Foot Net-Leased Property

Marcus & Millichap announced the sale of Healthcare Partners of Nevada, a 6,146 square-foot net-leased property located in Henderson.

HENDERSON, NV – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Healthcare Partners of Nevada, a 6,146 square-foot net-leased property located in Henderson, NV, according to Justin C. White, regional manager of the firm’s Las Vegas office. The… [More...]

Colliers International, American Furniture Rentals Inc. finalize lease

Colliers International – Las Vegas announced the finalization of a lease to American Furniture Rentals Inc.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a sale lease to American Furniture Rentals Inc. The industrial property is located at 1110 Mary Crest Road in Henderson. Dan Doherty, Susan Borst, Chris Lane, and Jerry Doty of Colliers International represented the lessee, American Furniture Rentals Inc. About Colliers International Colliers International is… [More...]

MassMedia LLC leases new office in Henderson

Colliers International – Las Vegas announced the finalization of a lease of a 7,500-square-foot office property to MassMedia LLC in Henderson.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to MassMedia LLC. The approximately 7,500-square-foot office property is located at 3333 E. Serene Ave. in Henderson. Suzette LaGrange of Colliers International represented the lessor, Pecos/Serene Investments LLC. Jason Kuckler of Par Development represented the lessee. About Colliers International Colliers International is a… [More...]

Nevada State Bank Expanding Mortgage Team to Meet Demand

Nevada State Bank is “gearing up” for increased mortgage demand. The bank is expanding its team of loan officers to handle a purchase market that is picking up steam, according to a recent statement. “While other organizations are downsizing the large refinance teams they have built over the last few years, Nevada State Bank is growing… [More...]

Nevada Real Estate & Development Report: March 2014

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

E Lease, Industrial ADDRESS 4935 Steptoe St. Ste 500, 89122 TENANT Charming Exhibition Inc. LANDLORD Lomas Regency LLC DETAILS 5,850 SF; $22,464 for one year REP (BOTH) Jarrad Katz, CCIM and Galit Kimerling of MDL Group H Project, Office ADDRESS 875 Warm Springs Rd., 89011 DETAILS Cadence, the 2,200-acre planned community in Henderson has begun… [More...]

Las Vegas High Rise Enjoys Record-Breaking Year

Las Vegas high rise One Queensridge Place saw a year-over-year increase in residential transactions of more than 300 percent. Queensridge Properties, LLC recently announced the sales figures at the two luxury towers, which are located near the western edge of the Las Vegas Valley. The company was involved in 55 transactions exceeding $100 million in… [More...]

Valley Freeway Centre Adds New Tenant

Colliers International announced the finalization of a lease to NTW LLC for a property located in the Valley Freeway Centre at 7725 Commercial Way.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease (NNN) to NTW LLC. The 3,841-square-foot industrial property is located in the Valley Freeway Centre, Phase III at 7725 Commercial Way, Suite 1120 in Henderson, Nev. Mike DeLew, SIOR of Colliers International represented the lessee. Greg Pancirov, SIOR of Colliers International represented the… [More...]

O’Hagin LLC Signs 39-month Lease in Henderson

Las Vegas announced the finalization of a 39-month lease (NNN) to O’Hagin LLC. The 24,079-square-foot industrial property is located at 880 Wigwam Parkway.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a 39-month lease (NNN) to O’Hagin LLC. The 24,079-square-foot industrial property is located at 880 Wigwam Parkway, Suite 100 in the Traverse Pointe Commerce Center. The total transaction value was $341,653.20. Cathy Jones of Sun Commercial Real Estate Inc. represented the lessee. Michael De Lew… [More...]

Golden Route Operations LLC Signs $1.6 Million Lease

Golden Route Operations LLC signed a 6,800-square-foot retail lease at 10430 S. Eastern Ave. in Henderson.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a 120-month lease (NNN) to Golden Route Operations LLC. The 6,800-square-foot retail property is located at 10430 S. Eastern Ave. in Henderson. The total transaction value was $1,617,804. Scot Marker of Colliers International represented the lessor, Half Shell Entertainment Group Inc. About Colliers International Colliers… [More...]