Nevada Land Market Continues to Recover

“The land market has been in recovery since 2010, and homebuilders have been driving that,” said managing partner of Sunbelt Development & Realty Partners.

Demand for land in Nevada has resembled a rollercoaster pattern this decade. During the real estate boom in the first half of the 2000s, both residential and commercial developers hungrily purchased land, driving up prices. With the recession, the opposite happened; development nearly ceased, land demand decreased and so did the price. Again, the pendulum… [More...]

Office Summary: Second Quarter 2014

Southern Nevada The Las Vegas office vacancy rate declined in the second quarter of 2014 after increasing in the first quarter of the year. During the latest period, the sector reported a vacancy rate of 25.2 percent, which is down 0.4 percentage points from the prior quarter. Compared to a year ago, vacancies have fallen… [More...]

CALV Symposium Set for Sept. 19 at Gold Coast

A luncheon featuring a lively panel discussion by local real estate legends will highlight a commercial real estate symposium being presented by CALV.

Panel discussion by local real estate legends highlights Sept. 19. CALV Symposium for local real estate pros A luncheon featuring what figures to be a lively panel discussion by local real estate legends will highlight a commercial real estate symposium being presented Sept. 19 by the Commercial Alliance Las Vegas (CALV). CALV is hosting its ninth annual Commercial Alliance Educational Symposium… [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,… [More...]

Educating, Connecting Entrepreneurs; Median Home Price Hits $200,000; 5K to Raise Funds for Kids with Cancer

Las Vegas Will Launch 1 Million Cups to Educate, Connect Local Entrepreneurs 1 Million Cups, a program to engage, educate and connect entrepreneurs, launched in Las Vegas on Wednesday,  August 13. The weekly event will be located in the inNEVation Center, powered by Switch. 1 Million Cups is a weekly gathering that is building startup communities… [More...]

M & D Painting & Drywall Leases 3,528-Square-Foot Industrial Property

Colliers International announced the finalization of a lease to an industrial property located at 4011 Oquendo Road.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to M & D Painting & Drywall. The approximately 3,528-square-foot industrial property is located at 4011 Oquendo Road, Suite B in Las Vegas. Brian Riffel and Tyler Jones of Colliers International represented the lessor, Dave and Sally Sawyer. About Colliers International Colliers International is… [More...]

Colliers International Finalizes Lease to Round Sky

Colliers International announced the finalization of a lease to an office property located in the Hughes Airport Center at 250 Pilot Road.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Round Sky. The approximately 2,216-square-foot office property is located in the Hughes Airport Center at 250 Pilot Road, Suite 250 in Las Vegas. Ryan Martin, SIOR, CCIM, Patti Dillon and Taber Thill, SIOR of Colliers International represented the lessor, Hughes Airport Center LLC.… [More...]

Expert Mechanical of NV LLC Leases Industrial Property in Henderson

Colliers International announced the finalization of a lease to an industrial property located in Sunset Business Center at 12B Sunset Way.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Expert Mechanical of NV LLC. The approximately 1,303-square-foot industrial property is located in Sunset Business Center at 12B Sunset Way, Suite 212 in Henderson. Chris Connell of Colliers International represented the lessor, S&S Industrial Properties. About Colliers International Colliers International is a… [More...]

Orora North American Leases Property in Arroyo North Business Center (Phase II)

Colliers International announced the finalization of a lease to an industrial property is located at 6625 Arroyo Springs St.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Orora North America. The approximately 31,410-square-foot industrial property is located in the Arroyo North Business Center (Phase II) at 6625 Arroyo Springs St., Suite 140 in Las Vegas. Spencer Pinter of Colliers International represented the lessor, EJM Arroyo North II Property LLC. About… [More...]

Mutual of Omaha Bank Finalizes Lease on Office Property

Colliers International announced the finalization of a lease to Mutual of Omaha Bank for an office property at 2360 Corporate Circle.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Mutual of Omaha Bank. The approximately 12,289-square-foot office property is located in the Green Valley Corporate Center at 2360 Corporate Circle in Henderson. Charles VanGeel of American Nevada Corp. and Brad Peterson of CBRE represented the lessor, Corporate Center V LLC. Taber Thill, SIOR… [More...]

Colliers International Finalizes Sale to Angelo Infante

Colliers International announced the finalization of a sale to an industrial property located at 5550 Reference St.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a sale to Angelo Infante. The approximately 10,720-square-foot industrial property is located at 5550 Reference St. in Las Vegas. The transaction value was $950,000. Dan Doherty, SIOR, Susan Borst, CCIM, Chris Lane and Jerry Dory of Colliers International represented the seller, Dean R & Penny… [More...]

Colliers International Finalizes Lease to Southwest Music Instruction

Colliers International announced the finalization of a lease to a retail property located in Paseo Verde Plaza at 55 S. Valley Verde Drive.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Southwest Music Instruction LLC dba School of Rock. The approximately 2,642-square-foot retail property is located in Paseo Verde Plaza at 55 S. Valley Verde Drive, Suite 470 in Henderson. David A. Grant of Colliers International represented the lessor, Donahue Schriber Realty Group L.P.… [More...]

Nevada’s Residential Market: A Season of Change

For the last two years, Nevada’s residential housing market has seen substantial rebound, with significant effect on prices.

For the last two years, Nevada’s residential housing market has seen substantial rebound, with significant effect on prices. Lowered median home prices have created low inventory and a seller’s market, which in turn impacted distressed properties and neighborhoods. “People are a lot smarter today, having learned from mistakes that occurred in the market; buyers are… [More...]

Industrial Summary: Second Quarter 2014

Southern Nevada The Las Vegas industrial market vacancy rate stood at 10.9 percent by the end of the second quarter of 2014. The latest period represents a decline of 0.9 percentage points when compared to the prior quarter. Compared to a year ago (Q2 2013), industrial vacancies in the Valley have fallen an even more… [More...]

Colliers International – Las Vegas Announces Listing of Downtown City Block

Colliers International – Las Vegas announced the listing of a 2.33-acre city block in the downtown Las Vegas area.

LAS VEGAS – Mike Mixer, executive managing director of Colliers International – Las Vegas, announced the listing of a 2.33-acre city block in the downtown Las Vegas area. The property, which is located just south of the Fremont East Entertainment District, is one of the last remaining downtown properties on the market. The area has been… [More...]

Colliers International Finalizes Lease to Toro Enterprises LLC

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Toro Enterprises LLC. The approximately 1,455-square-foot retail property is located at 4700 Meadows Lane, Suite 130 in Las Vegas. David A. Grant of Colliers International represented the lessor, Cardenas Markets Inc. About Colliers International Colliers International is a global leader in commercial real… [More...]

Hair Club for Men Lease Office Property in Las Vegas

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Hair Club for Men. The approximately 5,539-square-foot office property is located at 500 N. Rainbow Blvd., Suite 200 in Las Vegas. Butch Canfield of The Canfield Corporation represented the lessor, 500 Corporate Center LLC. Taber Thill, SIOR, Ryan Martin, SIOR CCIM, and Patti Dillon of… [More...]

FCS Automotive International Inc. Leases 31,200-Square-Foot Industrial Property

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to FCS Automotive International Inc. The approximately 31,200-square-foot industrial property is located at 4340 Lamb Blvd. in Las Vegas. Dan Doherty, SIOR, Susan Borst, CCIM, Chris Lane, and Jerry Doty of Colliers International represented the lessor, Roberts Ranch Venture LP. About Colliers International Colliers… [More...]

SHFT Global Inc. Finalizes Lease with Colliers International

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to SHFT Global Inc. The approximately 18,513-square-foot industrial property is located at 4150 N. Pecos Road in North Las Vegas. Dean Willmore, SIOR of Colliers International represented both the lessor and the lessee, AFD Realty LLC. About Colliers International Colliers International is a global… [More...]

Medtronic Sofamor Danek USA Finalizes Lease on Office Property in Las Vegas

LAS VEGAS - Colliers International – Las Vegas announced the finalization of a lease to Medtronic Sofamor Danek USA. The approximately 1,276-square-foot office property is located at 3841 W. Charleston Blvd. in Las Vegas. The transaction value was $30,628. Neil Sorkin of Cushman & Wakefield represented the lessor, WBCMT 2007-C33 Charleston Blvd LLC. Ryan Martin, SIOR CCIM, Taber… [More...]

Colliers International, MDM Holdings LLC Closes Deal on $1 Million Industrial Property

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a sale to MDM Holdings LLC. The approximately 5,000-square-foot industrial property is located at 412 E. Gowan Road in North Las Vegas. The transaction value was $1,000,000. Dan Doherty, SIOR, Susan Borst, CCIM, Chris Lane, and Jerry Doty of Colliers International represented the buyer. About Colliers… [More...]

Retail Real Estate Sector Begins Comeback in Second Quarterly Report From Colliers International – Las Vegas

Office sector enjoys resurgence in 2014, anticipates challenges in 2015 LAS VEGAS – Following two consecutive quarters of negative net absorption in the retail sector, the second quarterly market report of 2014 by Colliers International – Las Vegas highlighted more than 200,000 square feet of retail net absorption and more than 30,000 square feet of new… [More...]