Red Report: December 2014

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 efficiency heating and cooling equipment, offsetting over 10 percent of projected electrical consumption.

Sale, Multi-Family
ADDRESS 2300 Olive St., 89104
BUYER Olive Properties, LLC
SELLER Olive Apartments, LLc
DETAILS 85 Units; $2,250,000
APN 162-01-111-027
SELLER’S REP Devin Lee, CCIM of NAI Vegas Sauter Multifamily Group

Sale, Retail
ADDRESS 1924-1930 E. Charleston Blvd., 89104
BUYER Joseph Franco and Florence Franco
SELLER P & R 26, LLC
DETAILS 6,800 SF; $505,000
APN 162-02-512-005
BUYER’S REP Chris Mazzone of McMenemy Investment Services
SELLER’S REP Prime Acre International, LLC

H

Lease, Retail
ADDRESS 10 Via Brianza, Ste. 110, 89011
TENANT Brooklyn’s Restaurant
LANDLORD Signal Butte Investors LLC
DETAILS 6,440 SF; $405,720 for three years
TENANT’S REP Self
LANDLORD’S REP Robert S. Hatrak II of Virtus Commercial

N

Sale, Multi-Family
ADDRESS 1950 Simmons St., 89106
BUYER Strategic Realty Capital
SELLER 3D Investments
DETAILS 195 Units; $13 million
APN 139-20-702-007
SELLER’S REP Christopher Bentley, The Bentley Group Real Estate Advisors

S

Sale, Office
ADDRESS 3920-3950 S. Eastern Ave., 89119
BUYER Barbieri Family Limited Partnership
SELLER Noble West I, LLC
DETAILS 62,060 SF; $3,230,000
APN 162-13-410-000
BUYER’S REP Sasipimol Fulmer-Tulaya of Elite Realty
SELLER’S REP Ben Millis and Chris Beets of Newmark Grubb Knight Frank

SW

Sale,Office
ADDRESS 4420 W. Diablo Dr., 89118
BUYER West Diablo LLC
SELLER Holcombe Family Credit Shelter Trust
DETAILS 7,424 SF; $1,355,000
APN 162-30-310-016
BUYER’S REP Bob Hawkins and Dan Palmeri of Cushman & Wakefield Commerce
SELLER’S REP Ben Millis of Newmark Grubb Knight Frank

Sale, Office
ADDRESS 8950 W. Tropicana Ave., 89147
BUYER 8950 W. Tropicana LLC
SELLER Thomas Lee Randolph
DETAILS 7,280 SF; $800,000
APN 163-20-818-005
BUYER’S REP Rob Hatrak of Virtus Commercial
SELLER’S REP Thomas Lee Randolph

Sale, Retail
ADDRESS 4825 and 4845 S. Fort Apache Rd., 89147
BUYER The Hamid and Christine Ravan Revocable Living Trust
SELLER Desert Palms Partners
DETAILS 15,540 SF; $4 million
APN 163-19-814-006
BUYER’S REP Al Barbagallo of KW Commercial
SELLER’S REP Chris Emanuel of Virtus Commercial

Sale, Industrial
ADDRESS 3430, 3440 and 3450 Polaris Ave., 89102
BUYER Polaris Pollux LLC
SELLER Cogent A13138 Investors, LLC
DETAILS 12,893 SF; $1,100,000
APN 162-17-110-040
BUYER’S REP Dennis Perri of Ehsan Realty, LLC
SELLER’S REP Sam Scaletta of MDL Group

Lease, Retail
ADDRESS 10300 W. Charleston Blvd., Ste. 17, 89135
TENANT DGL Salons, LLC
LANDLORD Center Pointe Plaza LLC
DETAILS 10,295 SF; $2,379,103 for eight years
TENANT’S REP Dan Hubbard and Todd Manning of Cushman & Wakefield Commerce
LANDLORD’S REP Todd Boyer of ROI Commercial

Lease, Industrial
ADDRESS 7180 Dean Martin Dr., Ste. 100-200, 89118
TENANT VEC Inc. – Renewable Energy Electric
LANDLORD WSL Properties LLC
DETAILS 7,954 SF; $371,822 for five years
TENANT’S REP James Griffis of MDL Group
LANDLORD’S REP Chris Lane of Colliers International

WC

Sale, Retail
ADDRESS 13901 S. Virginia St., 89511
BUYER Chicos LLC
SELLER Reno JC LLC
DETAILS 6,935 SF; $1.5 million
APN 142-391-01

Sale, Office
ADDRESS 950 Sandhill Rd., 89521
BUYER 2860 LRSE LLC
SELLER Sandhill 950 LLC
DETAILS 43,800 SF; $7.6 million
APN 163-031-05

Sale, Office
ADDRESS 9790 Gateway Dr., 89521
BUYER Bridgewood North Associates
SELLER Rahlves & Rahlves Inc.
DETAILS 40,759; $4,350,000
APN 163-061-07

Sale, Industrial
ADDRESS 402 E. 4th St., 89512
BUYER Bajwa Properties LLC – Series
401 E 4th
SELLER Hearth Joint Living Trust, H Lawrence & Christine A
DETAILS 10,800 SF; $625,000
APN 007-303-24