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You are here: Home / Features / ReD Report / Red Report: May 2017

Red Report: May 2017

May 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

Project, Industrial
ADDRESS NEC of Las Vegas Blvd. & N. Walnut Rd., 89115
CONTRACTOR OF RECORD United Construction
DETAILS The placement of the first wall panels for the 546,480 square foot LogistiCenter is complete. The building is slated for completion by the end of the second quarter of 2017.

Sale, Office
ADDRESS 1785 E. Sahara Ave., 89104
BUYER 1785 Office Center, LLC
SELLER WCRT Milan Business Center, LLC
DETAILS 101,792 SF; $1.8 million
APN 162-11-101-004
BUYER’S REP Chris Emanuel and Brett Beck of Virtus Commercial

H

Sale, Land
ADDRESS NEC of E. Sunset Rd. & Burns Rd., 89011
BUYER SSGW, LLC
SELLER Munson Pumper Services
DETAILS 3.9 acres; $875,000
APN 178-01-101-002
SELLER’S REP Steven Haynes and Sam Newman of Colliers International

N

Sale, Retail
ADDRESS 4343 N. Rancho Dr., 89130
BUYER Royal Investors Group, LLC
SELLER 4343 N. Rancho Drive, LLCS
DETAILS 61,881 SF; $5,850,000
APN 138-02-701-004
SELLER’S REP Jackie Young and Liz Clare, CCIM of Avison Young

Sale, Retail
ADDRESS 7570 – 7585 Norman Rockwell Ln., 89143
BUYER Centennial Holdings, LLC & RH Centennial, LLC
SELLER CML-NV CSPRINGS, LLC
DETAILS 45,288 SF; $6.7 million
APN 125-17-712-006
BUYER’S REP Chris Clifford and Steve Neiger of Colliers International
SELLER’S REP Phillip Dunning, CCIM and Tom Naseef, CCIM, SIOR of Colliers International

NW

Sale, Office
ADDRESS 6210 N. Durango Dr., 89149
BUYER Bruning Enterprises, LLC
SELLER Centennial Primary Care Owners
DETAILS 9,583 SF; $2.8 million
APN 125-29-512-008
SELLER’S REP Mike Young of IREPLV

S

Sale, Multi-Family
ADDRESS 1001 Dumont Blvd., 89169
BUYER Amusement Industry, Inc.
SELLER HV & Canal, LLC
DETAILS 105 units; $76,071/unit
APN 162-15-612-001
SELLER’S REP Thomas Olivetti of Colliers International

SW

Sale, Office
ADDRESS 5330, 5370 & 5420 S. Durango Dr., 89113
BUYER IIP Durango 3, LLC
SELLER Robb Evans and Associates, LLC
DETAILS 130,798 SF; $12 million
APN 163-28-301-007
SELLER’S REP Mike Young of IREPLV and Christina Roush of HB Properties

Sale, Retail
ADDRESS 6525, 6545 & 6565 S. Fort Apache Rd., 89148
BUYER 6525 South Fort Apache Road, LLC
SELLER Monterey Vista Village Center, LLC
DETAILS 42,024 SF; $10,250,000
APN 176-06-516-001
REP (BOTH) Jackie Young and Liz Clare, CCIM of Avison Young

Sale, Industrial
ADDRESS 4224 Wynn Rd., 89103
BUYER Boarsk Leasing NV, LLC
SELLER Dragon & Phoenix Comm, LLC
DETAILS 8,750 SF; $1.1 million
APN 162-19-503-008
SELLER’S REP Tim Behrendt and Lisa Hauger of Sun Commercial

Sale, Multi-Family
ADDRESS 5060 W. Hacienda Ave., 89118
BUYER ACVII-Hacienda, LLC
SELLER Hacienda Garden, LLC
DETAILS 252 units; $113,095/unit
APN 163-25-602-006
SELLER’S REP Robin Willett and Antone Brazill, CCIM of Northcap Multifamily

Lease, Office
ADDRESS 9121 W. Russell Rd. Ste. 210, 89148
TENANT Guaranteed Rate, Inc.
LANDLORD Beltway One Development Group
DETAILS 6,767 SF; $547,376 for 3 years
TENANT’S REP Dan Palmeri, SIOR and Natalie Wainwright of Cushman & Wakefield | Commerce
LANDLORD’S REP Soozi Jones Walker, CCIM, SIOR & Bobbi Miracle, CCIM, SIOR of Commercial Executives Real Estate Services

Loan, Office
ADDRESS 8850 W. Sunset Rd., 89148
LOAN OFFICER Jerry Peterson and Scott Monroe of NorthMarq Capital
DETAILS A $12 million refinance was arranged for Corporate Center Building G, a 47,500 square-foot office property, through NorthMarq’s regional office. The transaction was structured with a four-year, interest only term.

WC

Sale, Retail
ADDRESS 395 E. Plumb Ln., 89502
BUYER Calcagno Living Trust
SELLER Shoppers Square Invest Holding
DETAILS 12,000 SF; $4,712,000
APN 013-453-55

Sale, Industrial
ADDRESS 4893 N. Virginia St., 89503
BUYER Merry Wink Investments, LLC
SELLER KV, LLC
DETAILS 6,930 SF; $120,000
APN 082-534-60

Sale, Multi-Family
ADDRESS 1415, 1421 & 1425 N. Virginia St., 89503
BUYER Virginia Street Investors, LLC
SELLER DeAngeli Family Survivors Trust
DETAILS 24 units; $124,814/unit
APN 007-015-11
SELLER’S REP Trevor Richardson and Tom Fennell, CCIM of Dickson Commercial Group

Sale, Other
ADDRESS 444 Vine St., 89503
BUYER Gold Dust Reno Real Estate, LLC
SELLER Piazzo Family Limited
PTSP – C&D Properties, LLC
DETAILS 29,368 SF; $5.7 million
APN 007-271-13

O

Sale, Office (Portfolio)
ADDRESS 2611 W. Horizon Ridge Pkwy., 89052 & 3025 S. Rainbow Blvd., 89146
BUYER West Valley Medical, LLC
SELLER Sundant Limited Partnership
DETAILS 19,530 SF; $6.8 million
APN 177-25-812-009 & 163-10-707-010
SELLER’S REP Mike Young of IREPLV

Sale, Multi-Family
ADDRESS 1400, 1404 & 1408 Como St., 89701
BUYER The Legado Trust
SELLER John & Barbara White Revocable Trust
DETAILS 12 units; $91,667/unit
APN 004-112-05 – 004-112-07
SELLER’S REP Trevor Richardson and Tom Fennell, CCIM of Dickson Commercial Group

Filed Under: ReD Report Tagged With: Antone Brazill, Avison Young, Beltway One Development Group, Bobbi Miracle, Brett Beck, Calcagno Living Trust, Centennial Primary Care Owners, Chris Clifford, Chris Emanuel, Christina Roush, Colliers International, Commercial Executives Real Estate Services, Cushman & Wakefield Commerce, Dan Palmeri, Dickson Commercial Group, HB Properties, IREPLV, Jackie Young, Jerry Peterson, Las Vegas business, Las Vegas commercial real estate, Las Vegas real estate, Lisa Hauger, Liz Clare, LogistiCenter, Merry Wink Investments, Mike Young, Milan Business Center, Munson Pumper Services, Natalie Wainwright, Nevada business, Nevada commercial real estate, Nevada real estate, Northcap Multifamily, Northmarq Capital, Phillip Dunning, Reno business, Reno commercial real estate, Reno real estate, Robin Willett, Royal Investors Group, Sam Newman, Scott Monroe, Shoppers Square Invest Holding, Soozi Jones Walker, Steve Neiger o, Steven Haynes, Sun Commercial, Tim Behrendt, Tom Fennell, Tom Naseef, Trevor Richardson, United Construction, Virtus Commercial

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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