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… [More…]

NAIOP Southern Nevada Chapter Announces New Officers, Board of Directors and Committee Chairs for 2015

NAIOP Southern Nevada chapter has announced its 2015 officers, board of directors, committee chairs, and liaisons.

Las Vegas –NAIOP Southern Nevada chapter — a trade organization representing commercial real estate developers, owners and related professionals in office, industrial, retail and mixed-use real estate in Southern Nevada — has announced its 2015 officers, board of directors, committee chairs, and liaisons. The 2015 NAIOP Southern Nevada officers are as follows: President :                                           … [More…]

Colliers Finalizes Sale of Retail Property to LV Data LLC

Colliers International announced the finalization of a sale to a retail property located at 1030 E. Flamingo Road.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a sale to LV Data LLC. The approximately 9,250-square-foot retail property is situated on approximately 1.26 acres and is located at 1030 E. Flamingo Road in Las Vegas. The transaction value was $1,500,000. Chris Richardson and Jason Otter of The Equity Group represented the… [More…]

The Retail Market: Recovering with Measured Expectations

Real estate brokers and developers are dampening their expectations for the retail market in Nevada over the next couple of months and for the rest of 2015.

With a New Year upon us, real estate brokers and developers are dampening their expectations for the retail market in Nevada over the next couple of months and for the rest of 2015. Nevertheless, all of them see positive trends for the market and some reason to remain optimistic. “We are clearly in a recovery,”… [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 Capital Partners… [More…]

Nevada Real Estate & Development Report: September 2014

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

E Sale, Retail ADDRESS 884 N. Nellis Blvd., 89110 BUYER Halle Properties, LLC SELLER Lutfi Antin Etal DETAILS 28,750 SF; $625,000 APN 140-28-410-007 BUYER’S REP Mark Keyzers of NAI Alliance SELLER’S REP David Lipp, CCIM and Chris Godino of Newmark Grubb Knight Frank Sale, Industrial ADDRESS 5550 Reference St., 89122 BUYER Angelo Infante SELLER Dean… [More…]

CCIM: Join the Club

The requirements to earn the CCIM designation are challenging and extensive, necessitating a commitment of time, effort, money and, often, sacrifice.

After Nevada’s economic downturn and resulting real estate crash had begun, Cindy Santilena, a Las Vegas commercial real estate lender for small businesses and entrepreneurs, was looking for a way to highlight herself and her company when working with other industry professionals during a struggling, competitive market. She decided to pursue a CCIM, a prestigious… [More…]

Nevada Real Estate & Development Report: July 2014

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

E Sale, Multi-Family ADDRESS 1401 N. Lamb Blvd., 89110 BUYER Masuda Family Trust SELLER Brooksone Apartments, LLC DETAILS 193 units; $10,550,000 APN 140-29-101-019 SELLER’S REP Patrick J. Sauter and Art Carll of NAI Vegas The Sauter Multifamily Group H Sale, Multi-Family ADDRESS 1651 American Pacific Dr., 89074 BUYER Hamilton Zanze & Company SELLER The Calida… [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… [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… [More…]

TEG Rancho LLC Buys Las Vegas Office

Colliers International announced the finalization of a sale to TEG Rancho LLC for an 8,456-square-foot office building is located at 4315 N. Rancho Drive.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a sale to TEG Rancho LLC, a Nevada Limited Liability Company. The approximately 8,456-square-foot office building is located at 4315 N. Rancho Drive in Las Vegas. The transaction value was $350,000. Brendan Keating of The Equity Group represented the buyer. Chris Connell of Colliers International… [More…]

NAIOP Southern Nevada Chapter Announces Winners of the 17th Annual Spotlight Awards

The NAIOP Southern Nevada chapter hosted its 17th Annual Spotlight Awards on Saturday, March 1, 2014 at the Golden Nugget in downtown Las Vegas.

Las Vegas, NV – The NAIOP Southern Nevada chapter hosted its 17th Annual Spotlight Awards on Saturday, March 1, 2014 at the Golden Nugget in downtown Las Vegas. This notable “Let the good times roll” annual event was hosted by Terri and Kevin Janison, recognizing distinguished commercial real estate entities in our local development community. The awards program… [More…]

Nevada Real Estate & Development Report: April 2014

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

E Sale, Retail ADDRESS 5050 E. Russell Rd., 89122 BUYER Wyandotte, Inc SELLER Kathleen & Adrian Varni Trust DETAILS 24,034 SF; $2,200,000 APN 161-28-401-011 BUYER’S REP Neil Dela Cruz of MDL Group SELLER’S REP Katherine Bergh of Marcus & Millichap Loan, Office ADDRESS 2575 E. Sahara Ave., 89104 BORROWER Reliable Auto Sales LENDER TMC Financing… [More…]

Northbrooke Business Park Gains New Tenant

Colliers International – Las Vegas announced finalized a sale to TEG Rancho LLC of a 8,456-square-foot office building in the Northbrooke Business Park.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a sale to TEG Rancho LLC, a Nevada Limited Liability Company. The approximately 8,456-square-foot office building is located in the Northbrooke Business Park at 4315 N. Rancho Drive in Las Vegas. The transaction value was $350,000. Brendan Keating of The Equity Group represented the buyer.… [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… [More…]

Papa Murphy’s Pizza Joins Aliante Marketplace

Colliers International announced the finalization of a lease to Aliante Dough Maker LLC DBA Papa Murphy’s Pizza for a property in the Aliante Marketplace.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Aliante Dough Maker LLC DBA Papa Murphy’s Pizza. The approximately 1,215-square-foot retail property is located in the Aliante Marketplace at 2760 Deer Springs Way in North Las Vegas. The transaction value was in excess of $100,000. Jason Otter of The Equity Group… [More…]

Fore Property Company Signs Lease for $70,000

Colliers International announced the finalization of a lease to Fore Property Company for a property is located at 1707 Village Center Circle in Las Vegas.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Fore Property Company. The 2,406-square-foot office property is located in the Village Center Office Building at 1707 Village Center Circle in Las Vegas. The transaction value was in excess of $70,000.  Brendan Keating and Jason Brooks of The Equity Group represented the… [More…]

Bracket Company LLC Signs Lease for $400,000

Colliers International announced the finalization of a lease to ALCAL Specialty Contracting for a propety located at 3335 W. Oquendo Road.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease (NNN) to ALCAL Specialty Contracting Inc. The 12,344-square-foot light-industrial property, situated on approximately 2.7 acres of land, is located in the Oquendo Warehouse at 3335 W. Oquendo Road in Las Vegas. The transaction value was in excess of $400,000. Jason Brooks of The… [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.… [More…]

Durango Development Group Buys Office Property for $199,650

Colliers International – Las Vegas announced the finalization of the sale of a building to Durango Development Group LLC located at 5235 S. Durango Drive.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of the sale of an office condominium building to Durango Development Group LLC. The 1,300-square-foot property is located at 5235 S. Durango Drive, Suite 2 in Durango Hills in Las Vegas. The total transaction value was $199,650. Christopher Richardson of The Equity Group represented the buyer.… [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… [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… [More…]