Red Report: February 2015

02-15-red

E Sale, Industrial ADDRESS 3068-3076 Fremont St., 89104 BUYER Caliente NV, LLC SELLER Heitkotter Family LP DETAILS 19,810 SF; $999,000 APN 162-01-701-003 REP (both) Ben Millis and Chris Beets of Newmark Grubb Knight Frank Sale, Industrial ADDRESS 2512 Abels Ln., 89115 BUYER Torrent Holding Inc. SELLER Abels Lane LLC DETAILS 11,000 SF; $650,000 APN … [Read more...]

Southern Nevada CCIM Chapter Announces New President Robin Civish, CCIM with the 2015 Board of Directors

Civish of Voit Real Estate Services in Las Vegas received her CCIM designation in 2009 and has served as a chapter director since 2010.

The Southern Nevada CCIM Chapter has announced the new Executive Officers and Board of Directors for 2015 with Robin Civish, CCIM serving as president of the chapter beginning January 1. Civish of Voit Real Estate Services in Las Vegas received her CCIM designation in 2009 and has served as a chapter director since 2010.  She is a specialist in the retail industry and has … [Read more...]

Nevada Real Estate & Development Report: August 2014

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

E Project, Other ADDRESS 501 S. Las Vegas Blvd., 89101 CONTRACTOR OF RECORD Recreation Development Company LLC (RDC) DETAILS A $1.3 million ‘shell and core’ contract has been awarded to RDC for gypsum board assemblies at the Federal Justice Tower in downtown Las Vegas. The 129,000 SF project is a joint effort between the City of Las Vegas Redevelopment Agency and developer … [Read more...]

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 2013. GLVAR President Heidi Kasama called … [Read more...]

Nevada Real Estate & Development Report: December 2013

Nevada Real Estate and Development Report: December 2013

Projects Las Vegas, 89110 Government CORE Construction began building Fire Station 108 in conjunction with National Fire Prevention Week in October 2013. The project was initially placed on hold due to economic conditions in 2009. Construction is projected for completion on August 21, 2014. The $6.7 million project will improve emergency response time in its area, as well … [Read more...]

White Management Group Joins Valley Freeway Commerce Center

Colliers International announced the finalization of a lease to White Management Group for an industrial property located at 7665 Commercial Way for $70,962

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a 38-month lease (NNN) to White Management Group LLC. The 4,646-square-foot industrial property is located at 7665 Commercial Way, Suite H in the Valley Freeway Commerce Center. The total transaction value was $70,962. Mike Delew of Colliers International represented the lessee. Jarrad Katz and Gailt … [Read 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. The tower villas range from one- to … [Read more...]

Henderson Chamber Announces 14th Leadership Henderson Class

Leadership Henderson recently announced its class of 2014, the 14th graduating class of the program offered by the Henderson Chamber of Commerce Foundation.

HENDERSON, Nev. – Leadership Henderson recently announced its class of 2014, the 14th graduating class of the program offered by the Henderson Chamber of Commerce Foundation. The 28 community and business leaders will receive more than 30 hours of professional leadership development training, which began with a two-day kickoff event in October and will continue through May. … [Read 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 … [Read more...]

Nevada Real Estate & Development Report: August 2013

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

Projects Las Vegas, 89128 Hospital Mountain View Hospital has completed construction on the second phase of an emergency room expansion project. The expanded emergency room doubled the size of the previous space and will now house 42 private beds for patients. The expansion provided a “Fast Track” Care and Triage area to quickly assess patients by triage nurses. Construction … [Read more...]

EBC Brakes USA Inc. signs a 125-month Lease

EBC Brakes USA Inc. Signs Lease for 125 months in the Arrowhead Commerce Center.

Colliers International – Las Vegas announced the finalization of a 125-month lease (NNN) to EBC Brakes USA Inc. The 65,270-square-foot industrial property is located at 6180 S. Pearl St., Suites A to C in the Arrowhead Commerce Center, Building 14. The total transaction value was $4,454,788.  Jarrad Katz of MDL Group represented the lessee. Spencer Pinter, Dan Doherty, SIOR and … [Read more...]

CCIM Southern Nevada: The Art of the Transaction

The CCIM Southern Nevada professional's CCIM designation is the mark of a professional and signifies elite status in the professional community.

More than 15,000 commercial real estate professionals have earned their Certified Commercial Investment Member (CCIM) designation, considered by many to be the master’s degree equivalent in the real estate world. The CCIM designation is the mark of a professional and signifies elite status in the professional community. Membership creates access to networking opportunities, … [Read more...]

Nevada Real Estate & Development Report: July 2013

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

Projects Las Vegas, 89101 Government Las Vegas’ new City Hall has been chosen as the 2013 Public Works Project of the Year by the American Public Works Association. The eight-level, 308,000 SF building replaces the former City Hall that was constructed in 1971. The facility created office space for up to 570 staff members for the City of Las Vegas. The new structural design … [Read more...]