LAS VEGAS – Colliers International – Las Vegas is pleased to announce that Matter Real Estate Groups’ newly constructed 155,790-square-foot class A industrial building located at 4325 Corporate Center Drive has been sold to Christie Lites – the largest stage lighting company in North America. Jerry Doty of Colliers International represented the buyer Christie Lites, and Dan … [Read more...]
Colliers International – Las Vegas Promotes Keith Cubba to Senior Vice President
LAS VEGAS – Colliers International – Las Vegas is pleased to announce the promotion of Keith Cubba to Senior Vice President. In his role, Cubba will lead strategy and growth for the Las Vegas office and oversee some of the company’s largest transactions in the local commercial real estate market. Cubba joined Colliers in 2005 and after four years of brokering investment … [Read more...]
Colliers International – Las Vegas’ Industrial Team Leases Panattoni’s ±482,300 Square Foot Distribution Facility at south15 Airport Center
LAS VEGAS – Colliers International – Las Vegas is pleased to announce the lease up of Panattoni’s newly completed ±482,300 SF distribution facility at South15 Airport Center in Henderson to Smith Food & Drug Centers, Inc. The facility will be used by Smith’s as a distribution center for dry good products serving locations in the southwest, including Nevada, New Mexico, … [Read more...]
Do You Think Nevada Is Still a Tax Friendly State?
“Absolutely! Living in Nevada with no state income tax is a big deal. Especially for Californians who are sick and tired of paying considerably more income tax on their hard earned income.” Mike Mixer, Executive Managing Director | Las Vegas, Colliers International “Nevada is certainly still a tax friendly state, especially as compared to states like California where we moved … [Read more...]
Colliers International – Las Vegas Releases 2nd Quarter Report
LAS VEGAS – Commercial real estate demand remained strong at midyear 2018 in Southern Nevada, while some segments of the market saw growth accelerate, others saw growth slow. The office market in Southern Nevada continued its hot streak in the second quarter of 2018. Southern Nevada has seen 14 consecutive quarters of positive net absorption, which has sent vacancy down from … [Read more...]
Steven Haynes Promoted to Associate Vice President
LAS VEGAS – Colliers International – Las Vegas is proud to announce Steven Haynes has been promoted to Associate Vice President. Haynes joined Colliers in 2014 and specializes in transactions related to land and investment sales. “Steve is completely deserving of this promotion,” said Mike Mixer, Executive Managing Director for Colliers Las Vegas. “He works hard and always … [Read more...]
Colliers International – Las Vegas and Four Brokers Receive 2017 CoStar Power Broker Awards
Colliers International – Las Vegas is pleased to announce it has been named a 2017 CoStar Power Broker by CoStar Group, Inc. (NASDAQ: CSGP), commercial real estate's leading Internet provider of information, analytics and marketplaces. Colliers International – Las Vegas qualified as one of the top commercial brokerage firms for leasing and sales in the Las Vegas market based on … [Read more...]
Red Report: April 2018
E Sale, Multi-Family Address 424 S 13th St., 89101 Buyer SDS Realty Corp Seller Vega Villita Apartments, LLC Details 32 units; $54,843/unit APN 139-34-811-051 Seller Rep Blake Leavitt of Wardley Real Estate Sale, Land Address Carey Ave. & Nellis Blvd., 89115 Buyer Doumani Holdings LLC Seller NMG Capital Partners II & GKT5 LLC Details 2.3 acre; $1.25 … [Read more...]
Colliers International – Las Vegas Named Brokerage Firm of Year for 13th Consecutive Year
LAS VEGAS – Colliers International – Las Vegas was named Brokerage Firm of the Year for the 13th consecutive year by NAIOP Southern Nevada. The award was announced at NAIOP’s 21st Annual Spotlight Awards event on February 24, 2018 at Green Valley Ranch Resort and Casino. The award is the highest honor a brokerage firm can receive through NAIOP. Judging was based on the … [Read more...]
Colliers International – Las Vegas Recognizes Top 10 Producers for 2017
LAS VEGAS – Mike Mixer, Executive Managing Director of Colliers International – Las Vegas, is proud to announce four brokers from the Las Vegas office have joined the esteemed Colliers Everest Club for 2017. Dan Doherty, SIOR, Mike Stuart, Dean Willmore, SIOR, and Brian Riffel, SIOR were inducted into the prestigious Colliers Everest Club. Their 2017 revenue places them in … [Read more...]
Red Report: March 2018
E Sale, Industrial Address 5450 Stephanie St., 89122 Buyer Stephanie Industrial Park Seller NGP Stephanie Property Details: 206,474 SF; $905,000 APN 161-27-314-003 Seller Rep Dean Willmore, SIOR of Colliers International Sale, Multi-Family Address 4801 E Sahara Ave., 89104 Buyer 29SC Sahara LP Seller Prime Residential Details: 312 Units; $74,679 per unit APN … [Read more...]
Working for Workplaces: The Office Market in Nevada
The Nevada office real estate market is set to be the most active it’s been since before the Great Recession, but one major factor could stymie the growth. Multiple real estate professionals in Nevada said 2017 was a great year for the office market and 2018 is looking even better, but the consistent absorption has led to a lack of available inventory. Unless more office … [Read more...]
Today’s World of Brokerage: What to Know
Larry Singer’s team at Newmark Knight Frank (NKF) has provided services to Ainsworth Game Technology Ltd. for years. First, the commercial real estate brokerage located a Las Vegas site for this gaming machines manufacturer and supplier’s 300,000 square-foot North American headquarters then helped them acquire, through auction, an additional 5-acre parcel from Clark County to … [Read more...]
Colliers International – Las Vegas Welcomes Property Manager Gawaan Hureskin
Colliers International – Las Vegas is proud to welcome Gawaan Hureskin as Property Manager in the Property Management Department. Prior to joining Colliers, Hureskin spent 13 years in the Federal Housing Division working for the Department of Housing and Urban Development (HUD) in both Chicago and Las Vegas. He previously worked for the Southern Nevada Regional Housing … [Read more...]
NAR Reports On Risks And Opportunities Facing The Commercial Real Estate Industry
LAS VEGAS – The election of Donald Trump has made for uncertain times. E-commerce and millennials are changing the commercial real estate industry. And retail’s loss has been industrial’s gain. Those are just a few of the takeaways from an in-depth report published by the National Association of REALTORS® (NAR) on the risks and opportunities facing the commercial real estate … [Read more...]
Colliers International – Las Vegas Raises $115,000 at 23rd Annual Links for Life Charity Golf Tournament
Mike Mixer, Executive Managing Director of Colliers International – Las Vegas announced the company’s 23rd Annual Links for Life Charity Golf Tournament raised more than $115,000 for various children’s charities in Southern Nevada. This year’s event was held on May 17 at the Las Vegas Country Club. Benefactors from across Southern Nevada had an enjoyable day on the course … [Read more...]
Red Report: June 2017
E Sale, Industrial ADDRESS 5080 Judson Ave. 89115 BUYER JDS Surfaces, LLC SELLER Liber, LLC DETAILS 14,500 SF; $850,000 APN 140-20-502-015 SELLER’S REP Danielle Steffen, SIOR and Amy Ogden, SIOR of Cushman & Wakefield | Commerce H Sale, Office ADDRESS 2534 Anthem Village Dr., 89052 BUYER Conejo Valley Properties SELLER Robison Seidler, Inc. DETAILS 5,040 SF; … [Read more...]
Live-Work-Play Repeat: Mixed-Use Projects Regain Traction
The 45-acre site of the former Park Lane Mall in Reno—about seven times the size of Reno’s Greater Nevada Field ballpark—has sat vacant for ten years but now is about to get made over into a development encompassing residential, retail and commercial components. As of mid-April, ground was slated to break soon on the infrastructure, then the 1,260 apartments to be followed … [Read more...]
Red Report: May 2017
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 … [Read more...]
Red Report: April 2017
N Sale, Retail ADDRESS 8043 – 8053 N. Durango Dr., 89131 BUYER Durango SNS, LLC SELLER SSB Propco, LLC DETAILS 11,060 SF; $2,225,000 APN 125-08-817-002 SELLER’S REP Dustin R. Alvino of Marcus & Millichap Sale, Land ADDRESS SEC of Rainbow Blvd. & Ann Rd., 89130 BUYER Herbst Development, LLC SELLER Rainbow Ann 1, LLC DETAILS 1.64 acres; $1.4 million APN … [Read more...]
