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

Red Report: November 2015

November 1, 2015 By Nevada Business Mag Leave a Comment

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

E

Sale, Multi-Family
ADDRESS 310 – 400 S. 11th St., 89101
BUYER BDR Cascadia
SELLER Norma Jakubowski
DETAILS 57 units; $45,947 per unit
APN 139-34-712-101
SELLER REP Michael LaBar and Michael Shaffner of Avison Young

Sale, Multi-Family
ADDRESS 1823 Santa Paula Dr., 89104
BUYER 1823 Santa Paula Apartments, LLC
SELLER Eagle Property Partners, LLC
DETAILS 12 units; $41,666 per unit
APN 162-03-313-011
BUYER’S REP Cesar A. Talavera of Marcus & Millichap
SELLER REP Oliver Kruaprasert and Jim Phan of Marcus & Millichap

H

Sale, Multi-Family
ADDRESS 409 & 417 E. Merlayne Dr., 89011
BUYER HKAS Ltd.
SELLER Vegas Venture Holdings, LLC
DETAILS 32 units; $68,750 per unit
APN 178-01-604-009
REP (BOTH) Devin Lee, CCIM and Robin Willett of NAI Vegas’ Sauter Muilti-family Group

Sale, Land
ADDRESS SWC of Executive Terminal Dr. & Executive Airport Dr., 89052
BUYER Beltway 4.77, LLC
SELLER City Crossing 3, LLC
DETAILS 11.51 acres; $2.4 million
APN 191-03-710-002
BUYER’S REP Robert Torres and Scott Gragson of Colliers International

N

Sale, Office
ADDRESS 3830, 3840 & 3970 Ann Rd., 89031
BUYER Annallen, LLC
SELLER FNBN Properties, LLC
DETAILS 13,700 SF; $584,031
APN 124-30-813-000
BUYER’S REP Ben Millis and Chris Beets of Newmark Grubb Knight Frank
SELLER’S REP Jerry Horden of Nevada Capital Asset Management

Sale, Land
ADDRESS 2930 W. Craig Rd., 89032
BUYER HD Royal Craig, LLC
SELLER Koenig Family Trust
DETAILS 1.53 acres; $300,000
APN 139-05-203-003
BUYER’S REP Andrew Fehrman and Jeff Mitchell of Virtus Commercial
SELLER’S REP Mike Delaimo of Elite Realty

Sale, Land
ADDRESS 3940 E. Lone Mountain Rd., 89081
BUYER Swift Transportation Co. of Arizona, LLC
SELLER Fleetpark, LLC
DETAILS 10.04 acres; $2 million
APN 123-31-801-001
BUYER’S REP Wayne Uhlir of Arizona Industrial Advisors
SELLER’S REP Ben Millis and Chris Beets of Newmark Grubb Knight Frank

Sale, Land
ADDRESS 4750 Donovan Way, 89081
BUYER Treadway Investments, LLC
SELLER Debellis Family LP
DETAILS 13.5 acres; $2.8 million
APN 139-01-502-001
BUYER’S REP Mile Hillis, CCIM, SIOR of Avison Young
SELLER’S REP Brian Riffel of Colliers International

NW

Sale, Retail
ADDRESS 2801 N. Tenaya Way, 89128
BUYER Sackley Family Trust
SELLER 2801 North Tenaya Way, LLC
DETAILS 41,817 SF; $1,750,000
APN 138-15-610-019
REP (BOTH) Tom Naseef, CCIM, SIOR and Jeff Naseef of Colliers International

S

Loan, Retail
ADDRESS 8955 – 9075 S. Eastern Ave., 89123
LOAN OFFICER Scott Monroe of NorthMarq Capital
DETAILS NorthMarq Capital finalized the $5.9 million refinance of the 25,903 square-foot Beltway Corporate Center. The transaction was structured with a 15-year term and 25-year amortization schedule.

SW

Project, Hotel & Casino
ADDRESS 200 W. Sahara Ave., 89102
CONTRACTOR OF RECORD Penta Construction
DETAILS The Lucky Dragon Hotel and Casino recently held a topping off party for the nine-story, 201-room Asian-themed boutique hotel-casino located near the north end of the Las Vegas strip. Ed Vance and Associates is the project’s architect and Wright Engineers is the structural engineer. Construction continues on the 18,900 square-foot casino and is slated to open summer of 2016.

Sale, Office
ADDRESS 4425 – 4465 S. Jones Blvd., 89103
BUYER Anonymous
SELLER Sun Life Assurance Co.
DETAILS 33,302 SF; $4,025,000
APN 163-23-604-001
BUYER’S REP Salina Ramirez of Commercial Executives
SELLER’S REP Charles Moore and Marlene Fujita Winkel, CCIM of CBRE

Lease, Office
ADDRESS 7608 W. Teco Ave., 89113
TENANT Destinations by Design
LANDLORD 7000 Teco Ave, LLC
DETAILS 132,000 SF; $6,743,000 for 89 months
TENANT’S REP Leo Biermann of Commerce Real Estate Solutions
LANDLORD’S REP Joe Leavitt and Chris Lexis of Avison Young

Lease, Retail
ADDRESS 8565 W. Sahara Ave. Ste. #104B & 105 – 108, 89117
TENANT Black Bear Diner
LANDLORD Oro Capital, LLC
DETAILS 5,800 SF; $1,468,560 for 10 years
TENANT’S REP Tody Boyer and Dan Adamson of ROI Commercial Real Estate
LANDLORD’S REP Preston Abell and Jeff Mitchell of Virtus Commercial

Loan, Retail
ADDRESS 9999 W. Katie Ave., 89147
LOAN OFFICER Scott Monroe of NorthMarq Capital
DETAILS NorthMarq Capital arranged the $29 million refinance of The Resort at the Lakes, a 427-unit multi-family property. The transaction was structured with a 10-year term and 30-year amortization schedule.

WC

Sale, Office
ADDRESS 670 Greenbrae Dr., 89431
BUYER Greenbrae Center Partners, LLC
SELLER Kaufman Greenbrae Center, LLC
DETAILS 53,410 SF; $5.2 million
APN 028-361-05

Sale, Office
ADDRESS 3660 Baker Ln., 89509
BUYER Golden Road Motor Inn, Inc.
SELLER Nevada State Medical Association
DETAILS 6,286 SF; $329,000
APN 024-040-07

Sale, Retail
ADDRESS 50 W. Liberty St., 89501
BUYER Redbird Investment Group, LLC Reno Liberty Series
SELLER 50 West Liberty, LLC
DETAILS 204,392 SF; $6,854,036
APN 011-183-15

Sale, Retail
ADDRESS 1690 S. Wells Ave., 89502
BUYER 1690 South Wells Investors, LLC
SELLER Deluxe 1690, LLC
DETAILS 9,175 SF; $2.2 million
APN 013-412-24

Sale, Other
ADDRESS 1100 12th St., 89503
BUYER Wat Buddhapradeep of Reno
SELLER Emmanuel Baptist Church Sparks
DETAILS 9,420 SF; $675,000
APN 031-071-07

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

Filed Under: ReD Report Tagged With: Andrew Fehrman, Annallen, Arizona Industrial Advisors, Avison Young, BDR Cascadia, Ben Millis, CBRE, Charles Moore, Chris Beets, Chris Lexis, City Crossing 3, Colliers International, Commerce Real Estate Solutions, Commercial Executives, Dan Adamson, Debellis Family LP, Destinations by Design, Devin Lee, Eagle Property Partners, Ed Vance and Associates, Elite Realty, Emmanuel Baptist Church Sparks, esar A. Talavera, Fleetpark, Golden Road Motor Inn, HD Royal Craig, Henderson business, Henderson real estate, Jeff Mitchell, Jerry Horden, Jim Phan, Joe Leavitt, Koenig Family Trust, Las Vegas business, Las Vegas commercial real estate, Las Vegas real estate, Leo Biermann, Marcus & Millichap, Marlene Fujita Winkel, Michael LaBar, Michael Shaffner, Mike Delaimo, NAI Vegas, Nevada business, Nevada Capital Asset Management, Nevada commercial real estate, Nevada real estate, Nevada State Medical Association, Newmark Grubb Knight Frank, Norma Jakubowski, Northmarq Capital, Oliver Kruaprasert, Penta Construction, Redbird Investment Group, Reno business, Reno commercial real estate, Reno real estate, Robert Torres, Robin Willett, ROI Commercial Real Estate, Sackley Family Trust, Salina Ramirez, Sauter Muilti-family Group, Scott Gragson, Scott Monroe, Sparks commercial real estate, Sparks real estate, Sun Life Assurance Co, Swift Transportation Co, The Lucky Dragon Hotel and Casino, Tody Boyer, Tom Naseef, Treadway Investments, Vegas Venture Holdings, Virtus Commercial, Wat Buddhapradeep of Reno, Wayne Uhlir, Wright Engineers

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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