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You are here: Home / Features / ReD Report / Red Report: September 2018

Red Report: September 2018

September 1, 2018 By Nevada Business Mag Leave a Comment

E

Sale, Retail
Address 1935 N. Hollywood Blvd., 89156
Buyer TNG Investors
Seller Palmer Company-Vacaville
Details 7,360 SF; $2.3 million
APN 140-22-715-006
Buyer Rep Phillip Dunning, CCIM of Colliers International
Seller Rep Brian Fike of Colliers International

Sale, Industrial
Address 4460 E. Cheyenne Ave., 89115
Buyer Top Street Estate, Ben Hajdun
Seller William J. Markowitz
Details 13,500 SF; $1.4 million
APN 140-08-401-013
Seller Rep Dean Willmore, SIOR and Alex Stanisic of Colliers International

Sale, Multi-Family
Address 225 Flower Ave., 89101
Buyer Flower Terrace Apartments
Seller Propriety Redux
Details 40 Units; $62,500 per unit
APN 139-35-714-008
Tenant Rep Devin Lee, CCIM and Robin Willett of Northcap Multi-Family

Sale, Multi-Family
Address 2540 Fremont St., 89104
Buyer SDS Realty Corp
Seller TOD Las Vegas 1
Details 53 Units; $60,377 per unit
APN 162-01-111-046
Seller Rep Jerad Roberts and Jason Dittenber of Northcap Multi-Family

Sale, Multi-Family
Address 3985 E Cheyenne Ave. 89115
Buyer 3D Investments
Seller LBA Holdco and MKL Capital Group
Details 176 Units; $70,597 per unit
APN 140-18-501-004
Buyers Rep Pat Sauter and Art Carll-Tangora of NAI Vegas
Sale, Multi-Family
Address 5820 Meikle Lane, 89156
Buyer Mountain Paradise Village TNC
Seller Walker Property Investments
Details 72 Unit; $83,334 per unit
APN 140-21-717-063
Buyer and Seller Rep Michael LaBar and Michael Shaffner of Marcus and Millichap

Sale, Land
Address Speedway Blvd. & I-15, 89165
Buyer LIT Industrial Limited Partnership
Seller Cohen 2006 Trust
Details 28.32 acres; $7.11 million
APN 123-22-701-001
Buyer Rep Garrett Toft, SIOR of CBRE

Lease, Industrial
Address 3030 N. Lamb Blvd, 89115
Tenant Advanced Wheel Sales
Landlord Natomas Creek Nevada
Detail 39,375 SF; $1,143,230 for 5 years
Tenant Rep Zac Zaher of CBRE

H

Sale, Office
Address 2893 N Green Valley Pkwy, 89014
Buyer 24 Hr Vegas
Seller Mani Anand Vjay-Sawh
Details 26,376 SF; $4,515,000
APN 161-31-802-026
Seller Rep Dustin Alvino and Darren Alvino of Marcus & Millichap

Sale, Office
Address 2500 & 2550 Paseo Verde Pkwy and 2275, 2285 & 2370 Corporate Circle, 89074
Buyer JMA Ventures
Seller American Nevada Corporation
Details 271,114 SF; $51.75 million
APN 178-19-511-044 et al
Seller Rep Rick Reeder and Brad Tecca of Cushman & Wakefield

Sale, Industrial
Address 2300, 2310, 2340, 2350 Corporate Circle Dr., 89074
Buyer Buchanan Street Partners
Seller American Nevada Company
Details 158,341 SF; $27,765,000
APN 178-19-511-030
Sellers Rep Cushman & Wakefield

Lease, Industrial
Address 8390 Eastgate Rd. 89015
Tenant Xtreme Manufacturing
Landlord Colfin 2018-5 Industrial Owner
Details 163,000 SF; $12,490,690 for 10 years
Landlord Rep Kevin Higgins, SIOR of CBRE

N

Sale, Office
Address 400 Shadow Lane, 89106
Buyer Fullerton Properties Inc.
Seller MSC I 2007-IQ 13 Shadow Lane
Details 41,849 SF; $5,092,500
APN 139-33-211-001
Sellers Rep Stacy Scheer, CCIM and Taber Thill, SIOR of Colliers International

Sale, Industrial
Address 2545 W. Cheyenne Ave., 89032
Buyer Sage Baron
Seller Robin International 2013
Details 8,000 SF; $825,000
APN 139-17-510-012
Seller Rep Al Twainy, CCIM and Amelia Henry of Colliers International

Sale, Land
Address 2730 Brooks Ave., 89032
Buyer Rocklin
Seller Odyssey Acquisitions III
Details 0.80 acres; $315,0000
APN 139-17-510-032
Seller Rep Jake Higgins of CBRE

Sale, Land
Address 5th and Brooks, 89030
Buyer Mc4 Construction
Seller Arnold Clark
Details 3.91 acres; $960,000
APN 139-15-603-007
Buyer Rep Nolan Julseth-White of The Equity Group

Loan, Office
Address 4584 N Rancho Dr., 89130
Loan Officer Nevada State Development Corporation
Details Nevada State Development Corporation, along with Pacific Premier Bank, contributed financing to Branch Benefits Consultants, Inc. for the purchase and tenant improvements of a building. The total costs for the project was $593,030.

O

Project, Multi-Family
Address 1328 Bertha Howe Ave., 89034
Contractor of Record MSL Construction
Details MSL construction broke ground on Mesa Valley Estates, a 61,386 SF, one-story assisted living and memory care community. The $8 million project will include 54 assisted living apartment homes and a memory care neighborhood with 24 apartment homes. The project architect is Pinnacle Architects and the community is expected to be complete next summer.

S

Sale, Multi-Family
Address 4320-4386 Escondido St, 89119
Buyer Tropicanyon II
Seller Indiana
Details 149 Units; $50,167 per unit
APN 162-23-202-001 et al
Tenant Rep Devin Lee, CCIM and Robin Willett of Northcap Multi-Family

Sale, Land
Address 6975 Placid Street, 89119
Buyer Placid Street Development
Seller Estate of Ronald Earl Fick
Details 1.75 acres; $1.25 million
APN 177-04-702-004
Buyers Rep US National Commercial Real Estate Services
Sellers Rep Michael Brazill and Edward Bassford of Sun Commercial Real Estate, Inc.

Loan, Industrial
Address Lamb Blvd. and Boulder Highway, 89121
Loan Officer Talonvest Capital, Inc.
Details A $3.7 million bridge loan was secured for CIP Real Estate by Talonvest Capital. The loan was secured by Rincon Industrial Park which consists of two multi-tenant buildings totaling 66,000 SF. The loan is a five year, fixed-rate, non-recourse loan with interest only payments during year one.

SW

Project, Industrial
Address Decatur Blvd and 215 South, 89118
Developer Majestic Realty Co.
Details Majestic Realty has broken ground on the 227,350 SF building 10 of the Las Vegas Digital Exchange Campus/Beltway Business Park. The 5.6 million SF property is fully-leased and stretches over 360-acres. The park was developed in partnership with Thomas & Mack Development Group.

Sale, Retail
Address 6825 W. Russell Rd. 89118
Buyer Daniel & Cathy Pereyra
Seller Russell LV LLC
Details 23,596 SF; $5.29 million
APN 163-35-110-006
Buyer Rep Dan Gluhaich of Colliers International

Sale, Industrial
Address 4720 W. University Ave., 89103
Buyer Sound Heating and Plumbing
Seller Wang Wen Fee
Details 6,553 SF; $1,032,500
APN 162-19-210-008
Sellers Rep Mark Musser of NAI Vegas

Sale, Industrial
Address 4265 Wagon Trail Ave., 89118
Buyer SBB Investments
Seller Wilhoite
Details 10,216 SF; $1.6 million
APN 177-06-513-002
Seller Rep Zac Zaher of CBRE

Sale, Industrial
Address 5151 Oquendo Rd. 89118
Buyer Mcbeath Holdings LLC
Seller Arthur P. Ruben
Details 9,845 SF; $1,453,000
APN 163-36-612-004
Seller Rep Sean Zaher of CBRE

Sale, Industrial
Address 3900 W. Ponderosa Way, 89118
Buyer Steve Menzies
Seller FJM Valley View Associates
Details 20,271 SF; $2,736,000
APN 162-31-614-008
Seller Rep Dean Willmore, SIOR of Colliers International

Sale, Land
Address W. Sunset and Cimarron, 89113
Buyer Picerne Sunset
Sellers Shotchai Srisuro & Somkietr Rojanasathit and Gragson-Conquistador & Reno
Details 5 acres; $3,637,500 and 5 acres, $3.75 million, respectively
APN 176-04-101-006 and 007
Seller Rep Scott Gragson and Robert Torres of Colliers International

Lease, Industrial
Address 6850 Lindell Rd., 89118
Tenant Gateway Classic Cars of Las Vegas
Landlord Prologis LP
Details 41,808 SF; $1,873,451 for 73 months
Landlord Rep Garrett Toft, SIOR and Zac Zaher of CBRE

WC

Sale, Office
Address 4900 Energy Way, 89502
Buyer Hamilton Company
Seller Quigley Investment Company
Details 17,000 SF; $1,795,000
APN 012-362-01

Sale, Office
Address 9080 Double Diamond Pkwy., 89521
Buyer DC Growth Investments
Seller North Reno Land Development
Details 6,497 SF; $600,000
APN 163-301-03

Sale, Retail
Address 889 Tahoe Blvd., 89451
Buyer Lake Street Partners
Seller Kirk Syme
Details 5,070 SF; $1,425,000
APN 132-240-07

Sale, Retail
Address 555 S Virginia St;, 89501
Buyer RPS Venture #1
Seller Nevada Property Investment Enterprises 2
Details 10,226 SF; $3.8 million
APN 011-226-07

Sale, Industrial
Address 59 Coney Island Dr., 89431
Buyer MSN Enterprises Nevada
Seller LSPI Exchange Corp
Details 11,115 SF; $2.75 million
APN 034-372-15

Sale, Industrial
Address 4840 Mill St., 89502
Buyer Turner Land CO LP
Seller Barta Properties
Details 16,676 SF; $1.86 million
APN 012-318-12

Sale, Industrial
Address 204 Edison Way, 89502
Buyer Icegen
Seller Altair Nanotechnologies Inc.
Details 79,392 SF; $3 million
APN 012-319-13
Seller Rep Sheila Colfer, CCIM and Fred Miller, SIOR of Dickson Commercial Group

Sale, Other
Address 2905 E Arrowcreek Pkwy., 89511
Buyer Lucky Star Golf
Seller Friends of Arrowcreek
Details 11,842 SF; $4,972,759
APN 152-021-03

Sale, Other
Address 3001 W. 4th St.; 89523
Buyer Eagle Brook Properties
Seller Urbanito
Details 6,026 SF; $1.29 million
APN 006-250-13

Map of Nevada areas for the ReD Report.

Filed Under: ReD Report Tagged With: Henderson business, Henderson commercial real estate, Henderson real estate, Las Vegas business, Las Vegas commercial real estate, Las Vegas real estate, Nevada business, Nevada commercial real estate, Nevada real estate, Reno business, Reno commercial real estate, Reno real estate

Scott Arkills: Silver State Schools Credit Union

Tonya Ruby: Cox Media Las Vegas

Terry Shirey: Nevada State Bank

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