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...]

Top Brokers 2015

As Nevada’s commercial real estate market rebounds, the state’s brokers are beginning to see a resurgence of business.

As Nevada’s commercial real estate market rebounds, the state’s brokers are beginning to see a resurgence of business. The following pages highlight those brokers that performed at the top of their field in 2014. Brokers are listed alphabetically and separated by Northern and Southern Nevada. Broker’s were asked to submit a variety of information concerning their 2014 deals … [Read more...]

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...]

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...]

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...]

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...]

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...]

Officials Break Ground on Moapa Paiute Tribe Solar Project

The first utility-scale solar project on tribal land is underway in Southern Nevada. U.S. Senate Majority Leader Harry Reid (NV) joined representatives from the Moapa Band of Piautes and executives from First Solar, Inc. (Nasdaq: FSLR) and the Los Angeles Department of Water and Power (LADWP) to kick off construction on the 250 Megawatt power plant. The project is located on … [Read more...]

Urgent Care Extra – College and Horizon LLC Signs Henderson Lease for $1.02 Millon

Colliers International announced the finalization of a lease to Urgent Care Extra – College and Horizon LLC for property in Henderson.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a  lease to Urgent Care Extra – College and Horizon LLC. The approximately 4,136-square-foot retail property is located in the Albertson’s Anchored Shopping Center at 585-C College Drive in Henderson, Nev. The transaction value was in excess of $1,020,000.  Eric Berggren of Newmark Grubb Knight Frank … [Read more...]

Nevada Real Estate & Development Report: February 2014

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

H Sale, Office ADDRESS 3039 W. Horizon Ridge Pkwy, 89052 BUYER Denco, LLC SELLER Vantage at Horizon Ridge, LLC DETAILS 6,754 SF; $1,725,000 APN 177-35-510-029 BUYER’S REP William Skupa and Gino Vincent of MINT Property Group, Ltd. SELLER’S REP Joseph DeSimone of First Federal Realty Desimone Sale, Vacant Land ADDRESS Stephanie St. and Wigwam Pkwy. 89074 BUYER LVCSD … [Read more...]

Union Gaming Group signs 65-month Hughes Center Lease

Colliers International announced the finalization of a lease to Union Gaming Group for a propertylocated in The HC at 3930 Howard Hughes Parkway.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a 65-month lease to Union Gaming Group. The 2,205-square-foot office property is located in The HC | Hughes Center at 3930 Howard Hughes Parkway in Las Vegas. Larry Singer and Mike Tabeek of Newmark Grubb Knight Frank represented the lessee. Tom Stilley, Lizz Stilley, Ryan Martin and Patti Dillon of … [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...]

Colliers International | Las Vegas Transactions

LAS VEGAS – Colliers International – Las Vegas announced the finalization of the following transactions: A 86-month lease (NNN) to Elite Foods LLC. The 8,535-square-foot industrial property is located at 6560 Tioga Way, Suite 130 in the Arroyo North Business Center (Phase II). The total transaction amount was $469,929. Rich Luciani and Jeff Barton of Newmark Grubb Knight … [Read more...]