• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

Nevada Business Magazine

The Decision Maker's Magazine

Subscribe Now!

  • Subscriptions
    • Print
    • Mobile App
    • Email
    • Nevada News & PR Wire
  • Features
    • New This Month
    • View Issues
    • Cover Stories
    • Feature Stories
    • Industry Focus
    • Building Nevada
    • Special Reports
    • Meet the Decision Maker
    • Press Release Wire
    • Nevada Industries
  • Departments
    • A Matter of Opinion
    • Around the State
    • Business Indicators
    • Commentary
    • Commercial RE Report
    • Crossfire
    • Expert Advice
    • Face to Face
    • Free Market Watch
    • Inside Politics
    • Power of Attorney
    • Profit & Loss
    • Speaking for Nevada
    • Tech.knowledge.me
    • The Last Word
    • Vital Signs
  • Planning Calendar
  • Advertising
    • Advertising Info
    • Advertising Staff
    • Submission Requirements
    • Online Advertising
  • Events
    • NBM Events
  • About
    • About the Magazine
    • Contact the Staff
  • Connect
    • Business Directory
    • Press Release Wire
    • Business Calendar
    • Submit Listing
    • Post Press Release
    • Add Your Event
    • Sign Up
    • Log In
You are here: Home / Features / ReD Report / Red Report: January 2017

Red Report: January 2017

January 1, 2017 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 501 S. 10th St., 89101
BUYER Ambleside Properties LLP
SELLER T.H. Steele
DETAILS 44 units; $32,727 per unit
APN 139-34-811-006
SELLER’S REP Michael R. LaBar and Michael L. Shaffner of Marcus & Millichap

H

Sale, Retail
ADDRESS 210 N. Boulder Hwy., Bldg. F, 89015
BUYER Southpoint Apartment, Inc.
SELLER WPI-Lake Boulder, LLC
DETAILS 9,557 SF; $1,220,000
APN 179-07-811-002
SELLER’S REP Christopher LoBello of Colliers International

Sale, Industrial
ADDRESS 1176 Center Point Dr., 89074
BUYER Robert and Deanna Glasgow
SELLER ABG Marketing Unlimited, LLC
DETAILS 6,100 SF; $694,000
APN 178-15-512-006
SELLER’S REP Leo Biedermann of Cushman & Wakefield | Commerce

NW

Project, Multi-Family
ADDRESS NEC of Dorrell Ln. & Tee Pee Ln., 89149
CONTRACTOR OF RECORD Adaven Homes, LLC
DETAILS Summit Homes of Nevada and Presidio Residential Capital have broken ground on Dorrell Heights, a 25 single-family home community. The individual homes will range in size from 2,621 to 4,039 square feet with either four or five bedrooms starting in the mid-$300,000s. The retail value of the residential development is expected to exceed $10 million and the sales grand opening is planned for February 2017.

Sale, Office
ADDRESS 2704 N. Tenaya Way, 89128
BUYER Universal Health Realty Income Trust
SELLER Tierra Nevada, LLC
DETAILS 44,894 SF; $15,250,000
APN 138-15-710-013
SELLER’S REP Charles Moore and Marlene Fujita-Winkel, CCIM of CBRE

Sale, Office
ADDRESS 2724 N. Tenaya Way, 89128
BUYER Leumi B, LLC
SELLER WFO REO 2015-02, LLC
DETAILS 43,580 SF; $4,550,000
APN 138-15-710-011
BUYER’S REP Mark J. Musser of NAI Vegas
SELLER’S REP Stacy Scheer, CCIM of Colliers International

Sale, Retail
ADDRESS 7460 W. Cheyenne Ave., 89129
BUYER Stanley and Sofia Fong
SELLER Resorts Holdings I, LLC
DETAILS 3,500 SF; $2.2 million
APN 138-10-413-007
BUYER’S REP Dustin Alvino of Marcus & Millichap
SELLER’S REP The Berg Team with Sperry Van Ness

Sale, Retail
ADDRESS 9350 W. Lake Mead Blvd., 89134
BUYER Lake Webb Plaza, LLC
SELLER Jefferson-Pilot Investments, Inc.
DETAILS 15,143 SF; $1,825,000
APN 138-18-812-004
SELLER’S REP Charles Moore and Marlene Fujita-Winkel, CCIM of CBRE

S

Sale, Mixed-Use
ADDRESS 2700 Las Vegas Blvd. Ste. 200, 205, 300, 89109
BUYER TAG Las Vegas Boulevard, LLC
SELLER Nevada Investment Partners, LP
DETAILS 29,210 SF; $5,150,000
APN 162-09-616-000
BUYER’S REP Brendan Keating of Logic Commercial Real Estate
SELLER’S REP Charles Moore and Marlene Fujita-Winkel, CCIM of CBRE

Sale, Industrial
ADDRESS 2875-2925 E. Patrick Ave. and 6151, 6171 & 6231 McLeod Dr., 89120
BUYER Harsch Investment Properties
SELLER BKM Patrick 102, LLC
DETAILS 223,009 SF; $22,637,849
APN 162-36-310-015, 162-36-204-022
SELLER’S REP Susan Borst, CCIM, SIOR and Dan Doherty, SIOR of Colliers International

Sale, Industrial
ADDRESS 6325-6375 S. Pecos Dr., 89120
BUYER Harsch Investment Properties
SELLER MJG Investments Fund, LLC
DETAILS 276,301 SF; $11.7 million
APN 162-36-802-028, 162-36-802-029, 162-36-802-035
SELLER’S REP Suzette LaGrange and Kara Walker, CCIM of Colliers International

Sale, Multi-Family
ADDRESS 2715 W. Pebble Rd., 89123
BUYER Steppe Bros. Loft 5, LLC
SELLER DK Loft 5, LLC
DETAILS 241 units; $213,693 per unit
APN 177-20-512-000
SELLER’S REP John Cunningham and Charles Steele of JLL

SW

Project, Multi-Family
ADDRESS 9830 W. Tropicana Ave., 89147
CONTRACTOR OF RECORD Nevada General Corp.
DETAILS Construction continues of the Mercer Luxury Apartments in Las Vegas. The four-story complex will offer rooftop terraces, subterranean parking and 175 one and two bedroom apartments, townhouses and penthouses. The $30 million project is slated for completion in early 2017.

Sale, Retail
ADDRESS 5410-5420 Spring Mountain Rd., 89146
BUYER LV SM Investments, LLC
SELLER KELCO, LLC
DETAILS 12,250 SF; $1,950,000
APN 163-13-503-003
SELLER’S REP Nelson Tressler and Michael Zobrist of Newmark Grubb Knight Frank

Lease, Retail
ADDRESS 4760 W. Sahara Ave. Ste. 20-21, 89102
TENANT Gema of the Sea, LLC dba Playa Papagayos Restaurant
LANDLORD Sahara 3D, LLC
DETAILS 3,163 DF; $189,780 for 5 years
LANDLORD’S REP Michael Zobrist and Nelson Tressler of Newmark Grubb Knight Frank

Loan, Retail
ADDRESS 3375 S. Fort Apache Rd., 89117
LOAN OFFICER Kyle Nagy of CommCap Advisors
DETAILS The loan of $5,150,000 was arranged for Ft Apache Desert Inn, LLC for a 75,591 square-foot self-storage facility that includes 565 units. It was structured with a 10-year term and 25-year amortization, non-recourse with flexible repayment included.

WC

Sale, Office
ADDRESS 5 Cal Ln., 89431
BUYER HH & RR Properties, LLC
SELLER LNL Properties, LLC
DETAILS 11,416 SF; $750,000
APN 034-300-11

Sale, Office
ADDRESS 950 Industrial Way, 89431
BUYER Mancini Properties, Inc.
SELLER Stenoscribe, Inc.
DETAILS 15,606 SF; $3,490,000
APN 034-404-04
Sale, Industrial
ADDRESS 523 Vista Blvd., 89434
BUYER District Council 16 N. CA Journeyman & Apprentice Training Trust Fund
SELLER Vision Quest Pacific Ltd.
DETAILS 5,194 SF; $525,000
APN 037-370-06

Sale, Industrial
ADDRESS 301 Golden Lane, 89502
BUYER Bingham Living Trust
SELLER LNL Properties, LLC
DETAILS 10,877 SF; $675,000
APN 012-192-22

Sale, Other
ADDRESS 10 S. Lake St., 89501
BUYER Harrah Automobile Foundation
SELLER City of Reno Redevelopment Agency
DETAILS 77,836 SF; $160,000
APN 011-124-23

Filed Under: ReD Report Tagged With: ABG Marketing Unlimited, Adaven Homes, Ambleside Properties, Bingham Living Trust, Brendan Keating, CBRE, Charles Moore, Charles Steele, Christopher LoBello, City of Reno Redevelopment Agency, Colliers International, Cushman & Wakefield Commerce, Dan Doherty, DK Loft 5, Dorrell Heights, Dustin Alvino, Gema of the Sea, Harsch Investment Properties, Jefferson Pilot Investments, JLL, John Cunningham, Journeyman & Apprentice Training Trust Fund, Kara Walker, Lake Webb Plaza, Las Vegas Boulevard, Las Vegas business, Las Vegas commercial real estate, Las Vegas real estate, Leo Biedermann, Logic Commercial Real Estate, Marcus & Millichap, Mark J. Musser, Marlene Fujita Winkel, Mercer Luxury Apartments, Michael L. Shaffner, Michael R. LaBar, Michael Zobrist, MJG Investments Fund, NAI Vegas, Nelson Tressler, Nevada business, Nevada commercial real estate, Nevada General Corp., Nevada Investment Partners, Nevada real estate, Newmark Grubb Knight Frank, Playa Papagayos Restaurant, Presidio Residential Capital, Reno business, Reno commercial real estate, Reno real estate, Resorts Holdings I, Robert and Deanna Glasgow, Sperry Van Ness, Stacy Scheer, Stanley and Sofia Fong, Steppe Bros. Loft 5, Summit Homes of Nevada, Susan Borst, Suzette LaGrange, The Berg Team, Tierra Nevada, Univeral Health Realty Income Trust, Vision Quest Pacific LTD

Paul Krakovitz: Intermountain Healthcare

Edward Vance: EV&A Architects

Scott Arkills: Silver State Schools Credit Union

Terry Shirey: Nevada State Bank

Online Advertorials

Online Advertorials

SNWA’s Infrastructure InvestmentsHelp Secure Access to Water Supply

Bank of NevadaFunding Will Provide Nevada Students With Financial Literacy Education

Infrastructure InvestmentsAssure Our Community’s Water Future

Roseman’s College of MedicineAddressing the Physician Workforce Shortage

Advertise With Us

Advertise With Us. more details ►

Primary Sidebar

Get important updates from Nevada Business Magazine, directly to your inbox.
Subscribe

Wild at HeartEconomic Development in Rural Nevada

Industry FocusBankers

Residential NevadaMarket Shifts

Southern Nevada CCIMPassing the Torch to the Next Generation of Professionals

Nevada News & PR Wire

  • CAMCO Nevada Promotes Bree McRae to Regional Director of its Portfolio Division

  • CSN Launches Six New Programs

  • Las Vegas Area Home Prices Dip for Second Straight Month

  • Faith Lutheran Begins 2022-23 Academic Year with New Principal

  • Grand Sierra Resort and Casino Honors a Selfless Medical Assistant as the Most Recent “Grand Hero”

  • Downtown Reno Partnership Announces New Marketing Manager and Office Manager

  • Kamer Zucker Abbott Elevates Kaitlin Paxton to Partner

  • KPS3 Hires Chelsea Bosco as Designer

  • Lipson Neilson’s Joseph Garin and Megan Thongkham Named 2022 Mountain States Super Lawyers

  • Open Enrollment for Upcoming Miss Silver State Pageant

  • Move 4 Less Recognizes Dream Home Art Contest Youth Winners with Party and Prizes

  • LumiZen Wellness Debuts Premier CBD Products for People and Pets Alike

  • Celebrate International Coworking Day at The Coop and Test Drive the Coworking Experience for Free!

  • aha! Reports Exceptional Operating Performance for July 2022

  • ioneer Signs Binding Lithium Offtake Agreement with Prime Planet Energy & Solutions

  • The Problem Solver Show to Interview Man Who Discovered Third Body in Lake Mead

  • Aug. 18 NAIOP Southern Nevada Breakfast Presents “The Future of the Las Vegas Strip Is Here”

  • Pilots Revealed for 2022 STIHL National Championship Air Races

  • Preparing for End of Life Workshop

  • Las Vegas Attorney Offers Free Workshop on Protecting Children’s Inheritance and More

  • CVMC Welcomes Lisa McKinney, APRN to Ironwood Primary Care

  • Realtor Nate Strager Releases Weekly Market Update as Part of His Information Campaign

  • Entertainment and Supper Club Summer Schedule at the Stirling Club Continues to Sizzle

  • Community Leader Don Snyder Elected Chairman of the United Way of Southern Nevada Board

  • Lexicon Bank Sponsors Scleroderma Sprint Event, Fueling Efforts For A Cure

  • Optum Care Cancer Care Adds a New Physician

  • Southwest Medical Adds Three New Healthcare Providers

  • International Celebrity Vocal Coach Romeo Johnson Offers Vocal Lessons To Clark County Residents

  • Team From The Problem Solver Show to Sponsor Free Ice Cream and T Shirt Give Away For Kids

  • Las Vegas Orthopedic Surgeon Offers New Treatment For Limb Lengthening

  • TSK Celebrates O’Brien Middle School Redesign Ribbon Cutting in Partnership With Cumming Group

  • Godspeed Capital-backed Huckabee Architects Invests in TSK Architects

  • Dunkin’ Presents $4,000 to Cure 4 The Kids Foundation From Funds Raised on Iced Coffee Day

  • Nevada Bankers Association Announces 2022-23 Board of Directors

  • Annie Wagner of KPS3 Earns Certificate in Principles of Public Relations

  • NAR Tabs Nevada REALTORS®­ Leaders to Serve in National Leadership Roles

  • Kamer Zucker Abbott Attorneys Selected to the 2022 Mountain States Super Lawyers® List

  • Kamer Zucker Abbott’s Next Webinar: Balancing Employee vs. Employer Rights in Divisive Times

  • Henderson Chamber of Commerce Announces 2022 Board of Directors Additions

  • De Castroverde Law Group and Findlay Subaru of Las Vegas Award $10,000 College Scholarship to Allison Hill

  • Karma and Luck Supports Ukraine Through Donation to Doctors Without Borders

  • Support Local Students and Teachers During the Greater Schools Supplies Drive

  • KPS3 Welcomes Lauren Davis to Team

  • Las Vegas-Based Neteffect Named a Top Firm by Clutch

  • Bank of Nevada Welcomes Michael Pizzi as Managing Director of Commercial Banking

  • Following Nevada Osha’s Adoption of Heat Guidelines, There Are Free Resources for Employers to Protect Employees From Heat-Related Illness and Injuries

  • aha! Launches 50% Off End of Summer Super Sale – Book Now!

  • Evolution of Healthcare with RESET IV

  • Mark Wiley Group Announces Buck Hujabre as New President of Commercial Division

  • Jim Seebock Announces Run for Henderson City Council Seat Ward One

  • WestCor Announces New Director of Marketing and Business Development

  • Home At Last™ by Nevada Rural Housing Launches New 4% Advantage Down Payment Assistance Option

  • Tilt-up construction is complete at Mountain West Industrial Park

  • Grow with Google Provides Nevada Small Businesses With Tools to Reach Customers in Changing Economy

  • Facebook Launches New “Feeds” Tab Connecting Users More Than Ever

  • Trosper Public Relations Announces New Hire in Northern Nevada

  • Emerald Island and Rainbow Club Casinos Partner With Local Woman-Owned Spirits Company to Offer ‘Super Premium Well’ Vodka

  • Greater Nevada Mortgage Provides Down Payment Assistance for Eligible First-Time Homebuyers

  • Education Non-Profit CORE Names Jordan Ashley Berkowitz as Development Director

  • ioneer Signs Binding Lithium Offtake Agreement with Ford

  • Two attorneys from De Castroverde Law Group honored as 2022 Mountain States Super Lawyers Rising Stars®

  • Grow With Google Provides Nevada Small Businesses With Tools to Reach Customers in Changing Economy

  • The NCJFCJ Recognizes the Honorable Linda Marie Bell As the 2022 Impact of the Year Recipient at Annual Justice Innovation Awards

  • Broadbent & Associates, Inc. Donates to Local Youth Hockey Team

  • Goodwill® of Southern Nevada Spreads Mid-Year Cheer with Second Annual ‘Christmas in July’ Event

  • CALVPresenting Sept. 21 Educational Symposium for Real Estate Pros Featuring Cyber Security Expert Frank Abagnale of “Catch Me if You Can” Fame

  • Goodwill® of Southern Nevada Promotes from Within

  • STIHL National Championship Air Races Participating in “A Community Thrives” Fundraising Initiative

  • Northcap Commercial Arranges Sale of Mark & Daisy Apartments for $3,800,000

  • MDX Labs Expands Operations to Include Saturdays, in Response to Clark County’s Elevated Level of COVID-19

  • Downtown Reno Partnership Announces Key Performance Indicators for Fiscal Year 2021-2022

  • Meruelo Family Scholarship Awards $12,500 to Children of Grand Sierra Resort Team Members

  • aha! Inaugurates Nonstop Flights From Reno-Tahoe to Santa Rosa

  • Helix Electric Raises Over $24,000 to Benefit Reno Charities

  • 20 Recent CCSD Grads Offered Apprenticeships at Tesla

  • REMSA Health announces promotion of four leaders within the organization

  • TEDx Speaker at NCET Biz Bite Luncheon in Reno

  • The National Council of Juvenile and Family Court Judges 85th Annual Conference Brings Participants to Northern Nevada From Across the Nation

  • Northcap Commercial Arranges Sale of 239 W. New York Ave Apartments for $1,015,000

  • LVR Announces Newly Elected Officers and Board Members for 2023

  • JA Worldwide Nominated for 2022 Nobel Peace Prize — Junior Achievement of Southern Nevada Celebrates Prestigious Honor —

  • aha! announces additional flying from Ontario, California to Reno-Tahoe for “Burners”

  • Optum Care Anesthesia adds two new health care providers

  • American Bar Association Appoints Lipson Neilson Shareholder Sandra D. Glazier as a Member of the Commission on Law and Aging

  • CALV President Angelina Scarcelli earns NAR leadership appointment

  • Pacific West Injury Law’s Attorney Visits Children At Sunrise Hospital As Mascot Blue Bear

  • SOUL FULL Sundays At The INDUSTRIAL

  • Serial Horse Killer Reward Goes To $10,000

  • Nevada Women’s Fund Receives $100,000 Award from SilverSummit HealthPlan

  • SILVERSUMMIT HEALTHPLAN AND COMPREHENSIVE CANCER CENTERS EXPAND PARTNERSHIP TO IMPROVE MEMBER ACCESS TO CARE

  • Yolanda Carapia of De Castroverde Law Group is awarded Nevada Justice Association Rising Star Award

  • Project 150 benefits from Game Show Boot Camp

  • Sip For Survivors – New SafeNest Coffee

  • The Downtown Vegas Alliance Elects 2022-2023 Officers and Board Members

  • July 21 NAIOP Southern Nevada breakfast presents “The Changing LANDscape: A Discussion on Land in Southern Nevada”

  • Real Estate Expert Nate Strager provides “Hope for Homeownership” With His New Information Campaign Regarding Housing Assistance Programs

  • WestCor CEO Recognized by Construction Financial Management Association

  • Nonprofit Hosting Education Drive to Support Youth Experiencing Homelessness Reach Their Educational Goals

  • FEA Consulting Engineers Welcomes New Team Members

  • Full Tilt Logistics Announces Massive Expansion of Nationwide Shipping, Warehousing and Distribution Business



 
Submit Your News & PR | Subscribe
Submit Your News & PR

Business Connection

Business Connection Portal

Log In Sign Up

Business Connection Portal

Log In Sign Up

Nevada Business Calendar

  • Kamer Zucker Abbott Webinar on Crossing the Line? Balancing Employee vs. Employer Rights in Divisive Times
    August 18, 2022 10:00 am

    More details...
  • Special Olympics Nevada Bowl for the Gold
    August 20, 2022 11:00 am

    Location: 1301 W Sunset Rd, Henderson, NV 89014, USA

    More details...
View Full Calendar ►

Nevada Business Directory

Featured Businesses
Find a Nevada-Based Business Submit Your Business Subscribe to the Nevada News & PR Wire

Nevada Industries

Architects & Engineers
Arts & Culture
Banking
Commercial Real Estate
Construction
Credit Unions
Economic Development
Education
Financial Management
Healthcare
Human Resources
Insurance
Law
Manufacturing
Marketing
Media
Mining
Philanthropy
Residential Real Estate
Rural Nevada
Sports
Tax Planning and Accounting
Technology
Telecom
Tourism
Transportation
Utilities

Footer

Subscriptions

  • Print Subscription
  • Mobile App
  • E-mail Subscription

Editorial

  • Features
  • Departments
  • Events

Advertising

  • Advertise
  • Submission Requirements

Connect

  • Contact
  • LinkedIn
  • Facebook
  • Twitter

Copyright © 2022, Business Link LLC dba Nevada Business Magazine and Nevada Business Journal. Privacy Policy | Terms & Conditions
Nevada Web Design services by Nevada Central Media using Genesis Framework by StudioPress

    *Your Name

    *Your Email

    Phone Number

    Company

    *Subject

    *Your Message

      *Your Name

      *Your Email

      Phone Number

      Company

      *Subject

      *Your Message

        *Your Name

        *Your Email

        Phone Number

        Company

        *Subject

        *Your Message

          *Your Name

          *Your Email

          Phone Number

          Company

          *Subject

          *Your Message

            *Your Name

            *Your Email

            Phone Number

            Company

            *Subject

            *Your Message

              *Your Name

              *Your Email

              Phone Number

              Company

              *Subject

              *Your Message

                *Your Name

                *Your Email

                Phone Number

                Company

                *Subject

                *Your Message

                  *Your Name

                  *Your Email

                  Phone Number

                  Company

                  *Subject

                  *Your Message

                    *Your Name

                    *Your Email

                    Phone Number

                    Company

                    *Subject

                    *Your Message