E Sale, Multi-Family ADDRESS 517 N. 28th St., 89101 BUYER Green Tree Apartment, LLC SELLER Las Vegas Apartments, LLC DETAILS 72 units; $54,166 per unit APN 139-36-110-028 SELLER’S REP Devin Lee, CCIM and Robin Willet of NAI Vegas | The Sauter Multifamily Group H Project, Other ADDRESS 655 E. Lake Mead Pkwy., 89015 CONTRACTOR OF RECORD Core Construction DETAILS A … [Read more...]
Retail Summary: Second Quarter 2016
Southern Nevada The Las Vegas Valley anchored retail vacancy rate declined from 11.3 percent to 11 percent in the past 12 months. At the end of Q2, vacancy rates were 7 percent in power centers, 12.5 percent in community centers and 11.8 percent in neighborhood centers. With the retail market just 1 point above the 10 percent stabilized rate and taxable retail sales at … [Read more...]
Commercial Builders: The Rebound and the Growing Pains
Whereas Nevada’s commercial construction industry was all but dead five years ago, today it’s alive, with activity edging up. “We are finally in a period of growth. A lot more work is happening,” said Mac Bybee, president, Associated Builders and Contractors Inc. (ABC), Nevada Chapter, a statewide trade association that provides training, apprenticeship programs, government … [Read more...]
Red Report: September 2016
E Sale, Multi-Family ADDRESS 5325 E. Tropicana Ave., 89122 BUYER Aspen Square Management, Inc. SELLER Majestic Heights Owner, LLC DETAILS 240 units; $77,500 per unit APN 161-28-102-002 SELLER’S REP Art Carll and Patrick Sauter of NAI Vegas | The Sauter Multifamily Group H Sale, Retail ADDRESS Multiple Properties, 89052 BUYER 3D Investments, LLC SELLER Eastern … [Read more...]
Berkshire Hathaway HomeServices Nevada Properties Receives National Recognition
LAS VEGAS - Six Berkshire Hathaway HomeServices teams and one individual real estate sales executive have been recognized among the leading professionals in American real estate, according to REAL Trends’ The Thousand. REAL Trends, in conjunction with The Wall Street Journal, recently published “The Thousand” list of America’s top 1,000 real estate sales professionals and … [Read more...]
Colliers International | Las Vegas Updates Feb. 11, 2016
LAS VEGAS – Colliers International – Las Vegas announced the finalization of the following leased investment sale on behalf of HENDERSON BTS LLC to a private entity. The approximately 130,446 square foot industrial property located at 551 Courier St. in Henderson. The transaction value was $11,950,000. Dan Doherty, SIOR, Susan Borst, CCIM, Chris Lane and Jerry Doty of Colliers … [Read more...]
ASCAYA Appoints John Simmons Project Director
ASCAYA has appointed John Simmons project director of its community of 313 custom luxury home sites in Henderson. Simmons is responsible for the overall development of the community including the $25 million ASCAYA clubhouse, seven multi-million dollar inspiration homes, amenities, landscaping and maintenance of the development and managing guidelines for custom home … [Read more...]
Red Report: November 2015
E Sale, Multi-Family ADDRESS 310 – 400 S. 11th St., 89101 BUYER BDR Cascadia SELLER Norma Jakubowski DETAILS 57 units; $45,947 per unit APN 139-34-712-101 SELLER REP Michael LaBar and Michael Shaffner of Avison Young Sale, Multi-Family ADDRESS 1823 Santa Paula Dr., 89104 BUYER 1823 Santa Paula Apartments, LLC SELLER Eagle Property Partners, LLC DETAILS 12 units; … [Read more...]
ASCAYA Makes Largest Home Site Sale To Date At $2.6 Million
ASCAYA has sold its largest home site to date for $2.6 million at 6 Heavens Edge Court in Henderson. The site includes 1.14 acres of usable space on a total 1.95 acre hillside lot. Quinn Boesenecker of Pinnacle Architecture will be designing the home. ASCAYA is a community of 313 custom home sites for multi-million dollar luxury homes. It is the highest price sale of a single … [Read more...]
Colliers International – Las Vegas Updates June 16, 2015
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a sale to Crossroads Plaza LV LLC. The approximately 115,000-square-foot retail shopping center is located at 4955 S. Fort Apache Road in Las Vegas. The transaction amount was $24,250,000. Al Twainy, CCIM of Colliers International represented the buyer. LAS VEGAS – Colliers International – Las Vegas … [Read more...]
Red Report: June 2015
E Sale, Industrial ADDRESS 410 Mark Leany Dr., 89011 BUYER No Sweat Mechanical LLC SELLER M&R Leasing LLC DETAILS 5,400 SF; $415,000 APN 178-01-412-003 BUYER’S REP Jarrad Katz, CCIM, SIOR and Galit Kimerling of MDL Group SELLER’S REP Jack Holler Commercial Real Estate Lease, Retail ADDRESS 617 Mall Ring Rd., Ste 120, 89014 TENANT Wellness Connection of Nevada … [Read more...]
Colliers Finalizes Lease to Amica Mutual Insurance Company
LAS VEGAS – Colliers International – Las Vegas announced the finalization a lease to Amica Mutual Insurance Company. The approximately 12,451-square-foot office property is located at 2475 Village View Drive in Henderson, Nevada. Taber Thill, SIOR, Ryan Martin, SIOR CCIM and Patti Dillon of Colliers International represented the lessee. About Colliers … [Read more...]
CCIM Southern Nevada Bi-Monthly Perspective Out Now
CCIM Southern Nevada Bi-Monthly publication, the Perspective is out now. Included this publication is President's Message Dealmakers Legislative Update "Henderson, Nevada 'A Place to Call Home'" Legal Briefs "The Benefits of Being Organized" CCIM Southern Nevada - The Commercial Real Estate Voice for Southern Nevada Click here to view the January / February … [Read more...]
Colliers Finalizes Lease of Office Property to 4G4Rent.com
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to 4G4Rent.com. The approximately 1,067-square-foot office property is located at 2920 N. Green Valley Parkway, Building 2 in Henderson, Nevada. Renae Russo, KP of Colliers International represented the lessor, Dyer JL LLC / Juan Moreno. About Colliers International Colliers International … [Read more...]
Colliers Finalizes 13.46-Acre Sale to Prologis LP
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a sale to Prologis LP. The approximately 13.46-acre land property is located one the corner of Wigwam Parkway and Business Center Drive in Henderson, Nevada. The transaction value was $3,405,695. Dan Doherty, SIOR, Susan Borst, CCIM, Chris Lane and Jerry Doty of Colliers International represented the … [Read more...]
Centra Pecos Legacy LLC, Colliers Finalize Lease of Retail Property
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Eye Level Learning Center. The approximately 1,400-square-foot retail property is located at 2562 Wigwam Parkway in Henderson, Nevada. Scot Marker of Colliers International represented the lessor, Centra Pecos Legacy LLC. About Colliers International Colliers International is a global … [Read more...]
Top Brokers 2015
As Nevada’s commercial real estate market rebounds, the state’s brokers are beginning to see a resurgence of business. The following pages highlight those brokers that performed at the top of their field in 2014. Brokers are listed alphabetically and separated by Northern and Southern Nevada. Broker’s were asked to submit a variety of information concerning their 2014 deals … [Read more...]
Colliers Finalizes Sale of 12.84-Acre Land Property
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a sale to West Flamingo Road LLC. The approximately 12.84-acre land property is located on Executive Airport Drive in Henderson, Nevada. The transaction value was $2,349,104. Dan Doherty, SIOR, Susan Borst, CCIM, Chris Lane, and Jerry Doty of Colliers International represented the seller, South 15 … [Read more...]
Colliers Finalizes Sale to Panattoni Development Company
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a sale to Panattoni Development Company. The approximately 29.94-acres of land is located on the corner of Lake Mead Drive and I-95 in Henderson, Nevada. The transaction value was $6,200,000. Pat Marsh of Colliers International represented the buyer. About Colliers International Colliers … [Read more...]
Centra Pecos Legacy LLC, Colliers Finalize Lease to Remede Boutique
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Sheryl Olson, Remede Boutique. The approximately 1,050-square-foot retail property is located at 2548 Wigwam Parkway in Henderson, Nevada. Scot Marker of Colliers International represented the lessor, Centra Pecos Legacy LLC. About Colliers International Colliers International is a … [Read more...]
