Red Report: May 2015

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

E Project, Industrial ADDRESS 4025 E. Cheyenne Ave., 89115 CONTRACTOR OF RECORD United Construction Company DETAILS Construction is underway on Dermody Properties’ LogistiCenter Cheyenne. The 381,804 SF distribution facility will feature a 32-foot clear height, 80 trailer stalls and 248 parking stalls. The project is expected to be complete in October of this … [Read more...]

Red Report: April 2015

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

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...]

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: February 2015

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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...]

CALV Names New Board for 2015, with Bobbi Miracle as President

CALV has announced its new officers and directors for 2015, with longtime member and commercial real estate executive Bobbi Miracle serving as president.

The Commercial Alliance Las Vegas (CALV) has announced its new officers and directors for 2015, with longtime member and commercial real estate executive Bobbi Miracle serving as president of the commercial real estate organization starting Jan. 1.Miracle, of Commercial Executives Real Estate Services in Las Vegas, previously served as president-elect and as a director of … [Read more...]

Red Report: December 2014

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

E Project, Multi-Family ADDRESS 5625 S. Hollywood Blvd., 89142 DETAILS The Tempo Senior Apartments recently opened. Ovation Development Corporation and Accessible Space, Inc. (ASI) co-developed the 101-unit affordable senior rental development located in Sunrise Manor. The Mediterranean-style residences feature 60 one-bedroom units. The community space includes high … [Read more...]

Groundbreaking for Downtown Las Vegas Clinic; Wells Fargo Invests in Southern Nevada; Home Prices Holding Steady

Volunteers in Medicine of Southern Nevada Hosts Groundbreaking Event for Clinic in Downtown Las Vegas Groundbreaking ceremony for VMSN’s new downtown Las Vegas clinic. Members of the community are invited to attend and receive information about the project. [Read more...] Wells Fargo Invests in Southern Nevada through Las Vegas Global Economic Alliance's 'Engage Southern … [Read more...]

Industrial Market Enjoys Rebound In Las Vegas

Despite news reports about industrial vacancies, the southern Nevada real estate market is showing strength, according to the president of MDL Group.

Despite news reports about industrial vacancies, the southern Nevada industrial real estate market is showing strength, according to Hayim Mizrachi, CCIM, president and principal of MDL Group, a Las Vegas based commercial real estate firm specializing in brokerage and property management. Mizrachi said the industrial market is enjoying a rebound in Las Vegas. In fact, the … [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: 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...]

Nevada Real Estate & Development Report: May 2014

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

E Project, Industrial ADDRESS 400 S. Seventh St., 89101 DETAILS The Korte Company completed the Robert T. Eglet Advocacy Center in Downtown Las Vegas. The $17.5 million three-story building covers 96,875 SF with office space occupying a little over 47,600 SF. The architect for the project was Design Cell Architecture. H Sale, Industrial ADDRESS 1175 Center Point Dr., … [Read more...]

What do you enjoy most about being a business owner and/or executive?

Six Nevada executives share what the enjoy the most about being a business owner.

“Each day presents opportunities to serve others and to find new and innovative ways to make my clients’ visions become realities.” Alicia R. Ashcraft | Managing Partner, Ashcraft & Barr | LLP - “The MDL Group supports every owner, executive and employee in giving back to the community. For example, I’m serving as CALV president, which allows me to interact with all … [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...]