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You are here: Home / Features / ReD Report / Red Report: July 2016

Red Report: July 2016

July 1, 2016 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, Retail
ADDRESS 5061 E. Sahara Ave., 89142
BUYER JARM, LLC
SELLER East Sahara & Nellis, LLC
DETAILS 9,200 SF; $2,550,000
APN 161-09-115-003
SELLER’S REP Nelson Tressler and Michael Zobrist of Newmark Grubb Knight Frank

H

Sale, Office
ADDRESS 139 E. Warm Springs Rd., 89015
BUYER Daniel J. Beumer
SELLER Foundation Executives Suites, LLC
DETAILS 6,300 SF; $1.2 million
APN 177-09-113-017
SELLER’S REP Dean Willmore, SIOR and Chelsy Cardin of Colliers International

Sale, Retail
ADDRESS 445 S. Marks St., 89014
BUYER PKWY Management, LLC
SELLER Johnson Restaurant Partners
DETAILS 10,893 SF; $2.3 million
APN 178-03-411-015
BUYER’S REP Jim Hill of ROI Commercial Real Estate
SELLER’S REP Chris Clifford and Steve Neiger of Colliers International

Loan, Industrial
ADDRESS 1191 Center Point Dr., 89074
LOAN OFFICER Kyle Nagy of CommCap Advisors
DETAILS Kyle Nagy of CommCap finalized a $2,850,000 loan to borrower Center Point Business Park, LLC for a total of 48,250 square feet. The rate for the 10 year term 15 year amortization loan was below 4 percent.

N

Sale, Mixed-Use
ADDRESS 4315 N. Rancho Dr., 89130
BUYER Devineni Sharma Family Trust and Devineni Venkat TRS
SELLER Savant Investment Partners
DETAILS 8,456 SF; $1,170,000
APN 138-02-712-005
SELLER’S REP Jordan Wirsz of Savant Commercial Real Estate

NW

Sale, Land
ADDRESS 1845 Village Center Cir., 89134
BUYER V Center, LLC
SELLER 1845 Village Center, LLC
DETAILS 27,443 SF; $560,000
APN 138-19-721-006
SELLER’S REP Brian Fikes of Colliers International

Lease, Retail
ADDRESS 467 E. Silverado Ranch Blvd., 89138
TENANT Island Pacific Silverado dba Island Pacific Supermarket
LANDLORD Empress Group, LLC
DETAILS 14,643 SF; $2,156,182 for 10 years
LANDLORD’S REP Nelson Tressler and Michael Zobrist of Newmark Grubb Knight Frank

S

Project, Retail
ADDRESS 3730 S. Las Vegas Blvd., 89109
CONTRACTOR OF RECORD Forte Specialty Contractors
DETAILS Forte Specialty Contractors has completed construction on Carbone, an Italian-American restaurant located within the Aria Resort & Casino. The $4 million 10,000-square-foot restaurant was completed three weeks ahead of schedule. The scope of work included the demolition of the existing restaurant, Sirio, and the tenant improvement build-out of Carbone which includes three separate New York subway-themed rooms.

Sale, Office
ADDRESS 151 E. Warm Springs Rd., 89119
BUYER 702/214, LLC
SELLER Pugsley Simpson Coulter Architects
DETAILS 6,000 SF; $1,360,000
APN 177-09-113-016
BUYER’S REP Jerry Hagfeldt of MDL Group

Sale, Office
ADDRESS 280 Pilot Rd., 89119
BUYER American Homes 4 Rent
SELLER Ameriprise Financial
DETAILS 99,600 SF; $20 million
APN 177-04-510-046
BUYER’S REP Joe Leavitt and Scott Donaghe of Avison Young

Sale, Retail
ADDRESS 2651 Westwood Dr., 89109
BUYER Reservoir 26, LLC
SELLER 2010-1 CRE NV-Industrial, LLC
DETAILS 22,540 SF; $1,150,000
APN 162-09-102-006
BUYER’S REP David Makabi of Network Realty
SELLER’S REP Jackie Young and Liz Clare, CCIM of Avison Young

Sale, Multi-Family
ADDRESS 2555 Sherwood St., 89109
BUYER Urban Land of Nevada, LLC
SELLER 925 Trust
DETAILS 10 units; $49,000 per unit
APN 162-10-113-004
SELLER’S REP Neil Dela Cruz and Oliver Kruaprasert of MDL Group

Lease, Retail
ADDRESS 6081 S. Eastern Ave., 89119
TENANT Peter Piper, Inc. dba Peter Piper Pizza
LANDLORD MCP Airport Center, LLC
DETAILS 9,613 SF; $1,986,000 for 15 years
LANDLORD’S REP Nelson Tressler and Michael Zobrist of Newmark Grubb Knight Frank

SW

Sale, Office
ADDRESS 8064-8084 W. Sahara Ave., 89117
BUYER Sahara Plaza, LLC
SELLER R&R Plaza
DETAILS 54,394 SF; $3.9 million
APN 163-04-812-001
BUYER’S REP Cathy Jones, CCIM, SIOR of Sun Commercial Real Estate

Sale, Retail
ADDRESS 6750 W. Sahara Ave., 89146
BUYER Count’s Vamp’d
SELLER AJL Properties, LLC
DETAILS 6,769 SF; $2,550,000
APN 163-02-415-012
SELLER’S REP Tina D. Taylor of Marcus & Millichap

Sale, Industrial
ADDRESS 5895 W. Wigwam Ave., 89139
BUYER Flip For Me Gymnastics, Inc.
SELLER MCA Wigwam, LLC
DETAILS 9,729 SF; $1,167,480
APN 176-13-018
SELLER’S REP Dan Doherty, SIOR and Susan Borst CCIM, SIOR of Colliers International

Sale, Multi-Family
ADDRESS 2301 S. Valley View Blvd., 89102
BUYER 216 Spanish Oaks, LLC
SELLER Spanish Owner, LLC
DETAILS 216 units; $65,162 per unit
APN 162-05-401-001
REP (Both) Art Carll and Patrick J. Sauter of NAI Vegas’ Sauter Multifamily Group

Sale, Land
ADDRESS SWC of Fort Apache & Post Rd., 89148
BUYER SW Ranch Apts Leasehold, LLC
SELLER Rhodes Ranch GP
DETAILS 43,560 SF; $725,000
APN 163-31-801-026
SELLER’S REP Michael Boscia, CCIM of MDL Group

WC

Sale, Office
ADDRESS 9480 Double Diamond Pkwy., 89521
BUYER GBO Properties, LLC
SELLER EIG1, LLC
DETAILS 32,630 SF; $4,575,000
APN 163-020-17

Sale, Office
ADDRESS 9855 Double R Blvd., 89521
BUYER Righetti Partners LP
SELLER Chilkur, LLC
DETAILS 12,661 SF; $2,090,000
APN 163-061-03

Sale, Retail
ADDRESS 2000 Harvard Way, 89502
BUYER B33 Airport Square, LLC
SELLER 2000 Harvard Avenue Holdings, LLC
DETAILS 9,240 SF; $15,250,000
APN 015-292-40

Sale, Industrial
ADDRESS 500 E. Glendale Ave., 89431
BUYER Shelly L. Palmer
SELLER TOF Sparks LLC
DETAILS 9,800 SF; $754,600
APN 034-510-02

Sale, Industrial
ADDRESS 350 S. Rock Blvd., 89502
BUYER Harvest Family Fellowship
SELLER 350 S Rock Blvd, LLC
DETAILS 24,882 SF; $200,000
APN 012-282-14
maplg

Filed Under: ReD Report Tagged With: Art Carll, Brian Fikes, Cathy Jones, CCIM, Chelsy Cardin, Chris Clifford, Dan Doherty, Daniel J. Beumer, David Makabi, Dean Willmore, Devineni Sharma Family Trust, Devineni Venkat TRS, Jackie Young, Jerry Hagfeldt, Joe Leavitt, Jordan Wirsz, Las Vegas business, Liz Clare, Michael Boscia, Michael Zobrist, Neil Dela Cruz, Nelson Tressler, Nevada business, Oliver Kruaprasert, Patrick J. Sauter, Scott Donaghe, Shelly L. Palmer, SIOR, Steve Neiger, Susan Borst, Tina D. Taylor

Paul Krakovitz: Intermountain Healthcare

Edward Vance: EV&A Architects

Scott Arkills: Silver State Schools Credit Union

Tonya Ruby: Cox Media Las Vegas

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