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… [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...]

Source Refrigeration & HVAC Leases Industrial Property in Arrowhead Commerce Center

Colliers International – Las Vegas announced the finalization of a lease to Source Refrigeration & HVAC Inc at Arrowhead Commerce Center.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Source Refrigeration & HVAC Inc. The 4,800-square-foot light-industrial property is located in the Arrowhead Commerce Center, located at 6295 S. Pearl St. in Las Vegas. Xavier Wasiak of Jones Lang LaSalle represented the lessee. Spencer Pinter, Dan Doherty, SIOR, Chris Lane, and… [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...]

Oro Pama LLC Signs $2.8 Million Industrial Lease

Colliers International announced the finalization of a sale to EdgeConneX LLC, for an industrial property situated on 1.44 acres located at 1541 Pama Lane.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a sale to EdgeConneX LLC. The 30,253-square-foot industrial property situated on 1.44 acres located at 1541 Pama Lane in Las Vegas. The transaction value was $2,790,000. Xavier Wasiak of Jones Land LaSalle represented the buyer. Dean Willmore, SIOR of Colliers International represented the seller, Oro… [More...]