If You Build It, Will They Come?

Nevada’s industrial market, devastated by the recession, has now recovered to the point where developers have returned to the market with “spec” projects.

Construction Returns to Nevada’s Industrial Market Nevada’s industrial market, which was devastated by the recession, has now recovered to the point where developers have returned to the market with “spec” projects (those built in advance of a contract or buyer). Now that 2014 year-end numbers have been tallied and evaluated, commercial real estate experts agree that the … [Read more...]

Red Report: March 2015

Read the Nevada Real Estate & Development Report: March 2015 - Commercial real estate and development - projects, sales, and leases.

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...]

Red Report: January 2015

Read the Nevada Real Estate & Development Report: January 2015 - Commercial real estate and development - projects, sales, and leases.

E Sale, Industrial ADDRESS 6070 Boulder Hwy, 89122 BUYER Frederic and Barbara Rosenberg Family Trust SELLER Burton-Bowels LLC DETAILS 6,400 SF; $885,000 APN 161-27-311-011 BUYER’S REP Bob Diamond of Platinum Real Estate Professionals SELLER’S REP Neil Sorkin of Cushman & Wakefield Commerce N Sale, Industrial ADDRESS 3355-3675 W. Cheyenne, Ave., 89032 BUYER BKM … [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...]

Nevada Real Estate & Development Report: June 2014

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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...]

Foundation Raising Funds for Veterans Memorial in Downtown Las Vegas

A local foundation is raising money to build a "world-class" veterans memorial in downtown Las Vegas. The Las Vegas Veterans Memorial Foundation is seeking $2.2 million through its Brick Campaign, where bricks are being sold at a range of $250 to $550. All bricks can be purchased in honor of a veteran and customized with the veteran's name, rank, dates of service and … [Read more...]

MCA Realty Increase its Investments in Las Vegas

MCA Realty, a full service real estate investment and management company, has increased its investment in Las Vegas.

Las Vegas, Nev. – MCA Realty, a full service real estate investment and management company, has increased its investment in Las Vegas.  The firm recently acquired three properties in the Las Vegas market, including a 114,782 square-foot multi-tenant industrial business park; a 27,227 square-foot multi-tenant industrial business park; and a 20,000 square-foot single-tenant … [Read more...]

Voit Continues Expansion in Las Vegas with Three New Brokers

Nevada Press Releases for April 4th

Lauren Brouillet, Robin Civish and Jennifer Levine join Voit’s Las Vegas office. Las Vegas, Nev., (April 4, 2013) –Voit Real Estate Services’ Las Vegas office is continuing to expand in the greater Las Vegas market with the addition of three new top-producing brokers, according to Executive Managing Director Mark Read. Lauren Brouillet and Robin Civish, both specialists in … [Read more...]

Higgins Team Completes Six Investment Sale Transactions Totaling $73 Million

Nevada Business Press Releases for January 29th

Voit’s Las Vegas team reaches over one million square feet in transaction volume in the last 14 months. Las Vegas, Nev. -  The Higgins’ Investment and Leasing Team of Voit Real Estate Services’ Las Vegas office has successfully completed six large investment transactions in greater Las Vegas since November 2011, totaling $73 million and encompassing over 1,000,000 square … [Read more...]