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You are here: Home / Features / ReD Report / Red Report: February 2015

Red Report: February 2015

February 1, 2015 By Nevada Business Mag Leave a Comment

Read the Nevada Real Estate & Development Report: February 2015 - Commercial real estate and development - projects, sales, and leases.

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 140-17-410-003
BUYER’S REP Joe Spolentini with ReMax Commercial Sky Mesa
SELLER’S REP Dana Souter with Millennium Commercial Properties

N

Sale, Retail
ADDRESS 4180-4280 W. Craig Rd., 89032
BUYER Marker Craig, LLC
SELLER Omninet Craig, LLC
DETAILS 73,455 SF; $8,200,000
APN 139-06-613-002
BUYER’S REP Jeff Chain of Millennium Commercial Properties
SELLER’S REP Charles Moore and Marlene Fujita-Winkel, CCIM of CBRE Las Vegas

NW

Lease, Retail
ADDRESS 3882-3836 Meadows Ln., 89107
TENANT Great Clips, Inc.
LANDLORD Earl M Morimoto Trust
DETAILS 3,648 SF; $348,618 for five years
TENANT’S REP Mike Dunn and Paula Lea of Cushman & Wakefield Commerce
LANDLORD’S REP Justin Michaels and Elmore Bacon of Cornerstone Company

S

Sale, Office
ADDRESS 5215-5246 Ponderosa Way, 89118
BUYER Fortress Equities LLC
SELLER BRWHP Properties LLP
DETAILS 27,459 SF; $3,050,000
APN 163-36-601-024
BUYER’S REP Joe Anderson and Josh Barker of Fortis Commercial Advisors

Sale, Office
ADDRESS 1950 E. Desert Inn Rd., 89169
BUYER Constantino Noval
SELLER Fran Glo Investments LLC
DETAILS 8,865 SF; $1,460,000
APN 162-11-815-017
BUYER’S REP Gloria Levy
SELLER’S REP Jarrad Katz, SIOR, CCIM & Galit Kimerling of MDL Group

Sale, Retail
ADDRESS 1030 E. Flamingo Rd., 89119
BUYER LV Data LLC
SELLER 1030 E. Flamingo LLC
DETAILS 9,250 SF; $1,500,000
APN 162-15-805-002
BUYER’S REP Grant Traub and Mike DeLew, SIOR of Colliers International
SELLER’S REP Chris Richardson, CCIM and Jason Otter of The Equity Group

Lease, Retail
ADDRESS 7380 S. Eastern Ave., Ste 109B, 89123
TENANT 99 Cent Only Stores, LLC
LANDLORD Warm Springs Plaza
DETAILS 16,800 SF; $2,126,418 for 129 months
TENANT’S REP Melissa Campanella, CCIM and Terry Hamilton, CCIM of The Equity Group
LANDLORD’S REP Eric Berggren of Newmark Grubb Knight Frank

Lease, Industrial
ADDRESS 3854 Silvestri Ln., 89120
TENANT Old World Cabinetry LLC
LANDLORD Michael & Susan Mazzacavallo
DETAILS 12,284 SF; $314,352 for five yeras
TENANT’S REP Ben Millis and Chris Beets of Newmark Grubb Knight Frank
LANDLORD’S REP Laura Hart of CBRE

SW

Lease, Office
ADDRESS 9499 W. Charleston Blvd., 89117
TENANT Fremont Primary Care Limited Partnership
LANDLORD PTM Co. LLC
DETAILS 14,786 SF; $3,683,425 for seven years
TENANT’S REP Mike Dunn and Paula Lea of Cushman & Wakefield Commerce
LANDLORD’S REP Rick Myers of Thomas and Mack

WC

Project, Office
ADDRESS 1155 Mill St., 89502
CONTRACTOR OF RECORD United Construction Company
DETAILS United Construction Company completed the new temporary radiation treatment area for the Institute of Cancer. The 1,395 SF building hosts the Varian XI radiation therapy technology where cancer patients will receive treatment.

Project, Retail
ADDRESS Neil Rd. and S. Virginia St., 89511
DETAILS The former Meadowood Square shopping center has been purchased by K Corporation. Now known as The Crossing at Meadowood Square, renovations are underway including new landscaping and building designs. Nevada Commercial Services Inc. serves as property manager of the newly acquired center.

Sale, Office
ADDRESS 5585 Kietzke Ln., 89511
BUYER Acterra LLC
SELLER 5585 Kietzke Ln Investment LLC
DETAILS 8,316 SF; $1,850,000
APN 040-972-26

Sale, Industrial
ADDRESS 8895 Canyon River Ct., 89434
BUYER Miller Family Investments LLC
SELLER Commercial Loan Solutions III LLC
DETAILS 7,700; $547,110
APN 084-090-28

Read the Nevada Real Estate and Development Report: January 2015 - Commercial real estate and development - projects, sales, and leases.

Filed Under: ReD Report Tagged With: 99 Cent Only Stores, Abels Lane, Acterra LLC, Ben Millis, BRWHP Properties, Caliente NV, CBRE Las Vegas, Charles Moore, Chris Beets, Chris Richardson, Colliers International, Constantino Noval, Cornerstone Company, Cushman & Wakefield Commerce, Dana Souter, Earl M Morimoto Trust, Elmore Bacon, Eric Berggren, Fortis Commercial Advisors, Fortress Equities, Fran Glo Investments, Fremont Primary Care Limited Partnership, Galit Kimerling, Gloria Levy, Grant Traub, Great Clips, Heitkotter Family LP, Jarrad Katz, Jason Otter, Jeff Chain, Joe Anderson, Joe Spolentini, Josh Barker, Justin Michaels, K Corporation, Las Vegas business, Las Vegas commercial real estate, Las Vegas real estate, Laura Hart, LV Data, Marker Craig, Marlene Fujita Winkel, MDL Group, Meadowood Square, Melissa Campanella, Michael & Susan Mazzacavallo, Mike DeLew, Mike Dunn, Millennium Commercial Properties, Nevada business, Nevada commercial real estate, Nevada real estate, Newmark Grubb Knight Frank, Old World Cabinetry LLC, Omninet Craig, Paula Lea, ReMax Commercial Sky Mesa, Reno business, Reno commercial real estate, Reno real estate, Rick Myers, Terry Hamilton, The Equity Group, Thomas and Mack, Torrent Holding, United Construction Company

Paul Krakovitz: Intermountain Healthcare

Edward Vance: EV&A Architects

Scott Arkills: Silver State Schools Credit Union

Terry Shirey: Nevada State Bank

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