E Sale, Industrial ADDRESS 5406 E. El Campo Grande Ave. Blgds. 7/8 C, 89115 BUYER Exhibit Options SELLER Thomas & Mack Development DETAILS 20,028 SF; $1,962,744 APN 123-28-310-002 BUYER’S REP The Larkin Team of NAI Vegas SELLER’S REP Jake Higgins and Kevin Higgins, SIOR of CBRE Sale, Land ADDRESS NWC of Tropical Pkwy. & Range Rd., 89115 BUYER Madison/Chewy, … [Read more...]
Red Report: December 2016
E Sale, Industrial ADDRESS 2485 Marco St., 89115 BUYER Salazar Management Group V, LLC SELLER Lee Family Trust DETAILS 8,060 SF; $1,050,000 APN 140-17-801-006 BUYER’S REP Weichert Realtors – Aspire SELLER’S REP Sean Zaher of CBRE H Sale, Office ADDRESS 1410 & 1434 E. Lake Mead Pkwy., 89015 BUYER Great Blue Lake, LLC SELLER Lake Mead Properties, LLC DETAILS … [Read more...]
We are CCIM
Instant recognition, credibility in the commercial real estate field is vital in today’s fast paced world of instant everything. The old adage, “you only get one chance to make a first impression” is more accurate than ever. In the realm of commercial real estate, a CCIM designation can speak louder than words when making that critical first impression. The CCIM … [Read more...]
How to Lease or Buy: A Guide to the Rebounding Commercial RE Industry
Buying or leasing commercial real estate is a stressful and complex process that can be difficult for even the best of brokers in Nevada. What about for entrepreneurs or business executives whose areas of expertise may be in gaming or healthcare? How should they evaluate the pros and cons of buying or leasing, choosing a location and making a purchase? Taber Thill, senior … [Read more...]
Red Report: March 2016
BC Sale, Motel ADDRESS 704 Nevada Hwy., 89005 BUYER Bal Gosal SELLER US Bankruptcy Trustee DETAILS 113 rooms; $13,363 per room APN 186-09-110-042 SELLER’S REP Charles Connors of Colliers International E Sale, Office ADDRESS 600 E. Charleston Blvd., 89104 BUYER Hellfire Media, LLC SELLER State Bar of Nevada DETAILS 10,711 SF; $1.4 million APN … [Read more...]
MDL Group in Las Vegas Joins CORFAC International
Las Vegas – Scott Savacool, CCIM, SIOR and 2015 President of CORFAC International announced that MDL Group has joined CORFAC International as its newest domestic affiliate and will cover Southern Nevada. Hayim Mizrachi, CCIM and President|Principal of MDL Group/CORFAC International, is the principal point-of-contact to CORFAC International and manages MDL Group’s brokerage … [Read more...]
Red Report: October 2015
E Sale, Industrial ADDRESS 4750 N. Lamb Blvd., 89115 BUYER Bixby Land Company SELLER Pamida Realty, LLC DETAILS 180,000 SF; $15.1 million APN 140-05-111-005 SELLER’S REP Ben Millis and Chris Beets of Newmark Grubb Knight Frank Sale, Industrial ADDRESS 3045 N. Lamb Blvd., 89115 BUYER Robbie Auto, Inc. SELLER Talmer West Bank DETAILS 10,646 SF; $970,000 APN … [Read more...]
I am a CCIM
Mission Statement To position the Chapter as the premier commercial real estate organization for Southern Nevada by enhancing the value of the CCIM designation and increasing the number of designees and candidates through professionalism and educational excellence. Here’s what “I Am a CCIM” means to these designees: Brian Sorrentino: “It means that I should know … [Read more...]
Red Report: July 2015
E Project, Industrial ADDRESS 5402 E. El Campo Grande Ave., 89115 CONTRACTOR OF RECORD Burke Construction Group DETAILS Burke Construction Group recently completed the 180,000 SF Bed, Bath & Beyond Harmon Distribution Facility Center. Developed by Thomas and Mack Development Group and designed by CASCO, the $5.2 million project included the construction of 120,000 SF of … [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...]
Red Report: April 2015
E Project, Other ADDRESS SW Corner of Sahara Ave. & Las Vegas Blvd., 89104 CONTRACTOR OF RECORD Martin-Harris Construction DETAILS Construction is underway on MGM Resorts International’s open-air music venue. The entertainment complex will have a 2,700 SF administration and storage building, 23.3 acres for the main festival area, 7.7 acres for transportation pick-up and … [Read more...]
Red Report: February 2015
E Sale, Industrial ADDRESS 3068-3076 Fremont St., 89104 BUYER Caliente NV, LLC SELLER Heitkotter Family LP DETAILS 19,810 SF; $999,000 APN 162-01-701-003 REP (both) Ben Millis and Chris Beets of Newmark Grubb Knight Frank Sale, Industrial ADDRESS 2512 Abels Ln., 89115 BUYER Torrent Holding Inc. SELLER Abels Lane LLC DETAILS 11,000 SF; $650,000 APN … [Read more...]
Southern Nevada CCIM Chapter Announces New President Robin Civish, CCIM with the 2015 Board of Directors
The Southern Nevada CCIM Chapter has announced the new Executive Officers and Board of Directors for 2015 with Robin Civish, CCIM serving as president of the chapter beginning January 1. Civish of Voit Real Estate Services in Las Vegas received her CCIM designation in 2009 and has served as a chapter director since 2010. She is a specialist in the retail industry and has … [Read more...]
Nevada Real Estate & Development Report: August 2014
E Project, Other ADDRESS 501 S. Las Vegas Blvd., 89101 CONTRACTOR OF RECORD Recreation Development Company LLC (RDC) DETAILS A $1.3 million ‘shell and core’ contract has been awarded to RDC for gypsum board assemblies at the Federal Justice Tower in downtown Las Vegas. The 129,000 SF project is a joint effort between the City of Las Vegas Redevelopment Agency and developer … [Read more...]
Vegas Home Prices Rise, Market Sees More Traditional Buyers
The median price of an existing single-family home sold in Southern Nevada during June was $199,900 - the highest mark since September 2008. This is according to recent statistics released by the Greater Las Vegas Association of REALTORS (GLVAR). The median price is 2.5 percent higher than May and up over 14 percent compared to June 2013. GLVAR President Heidi Kasama called … [Read more...]
Nevada Real Estate & Development Report: March 2014
E Lease, Industrial ADDRESS 4935 Steptoe St. Ste 500, 89122 TENANT Charming Exhibition Inc. LANDLORD Lomas Regency LLC DETAILS 5,850 SF; $22,464 for one year REP (BOTH) Jarrad Katz, CCIM and Galit Kimerling of MDL Group H Project, Office ADDRESS 875 Warm Springs Rd., 89011 DETAILS Cadence, the 2,200-acre planned community in Henderson has begun construction on a … [Read more...]
Nevada Real Estate & Development Report: December 2013
Projects Las Vegas, 89110 Government CORE Construction began building Fire Station 108 in conjunction with National Fire Prevention Week in October 2013. The project was initially placed on hold due to economic conditions in 2009. Construction is projected for completion on August 21, 2014. The $6.7 million project will improve emergency response time in its area, as well … [Read more...]
Nevada Real Estate & Development Report: November 2013
Projects Las Vegas, 89109 Tutor Perini Building Corp. has begun construction on the third phase of the Marriott’s Grand Chateau, the first vertical construction to occur on the Las Vegas Strip since 2008. Construction is projected for completion mid-2014, and will add 233 tower villas for a total of 643 units at the timeshare resort. The tower villas range from one- to … [Read more...]
Nevada Real Estate & Development Report: October 2013
Projects Henderson, 89052 Hospital Burke Construction has begun construction on the Seven Hills Behavioral Institute Expansion project. Plans for the project include the conversion of an existing one story, 15,000 SF office building to an institutional occupancy building. Upgrades will provide additional space for 36 new inpatient psychiatric beds located within two nursing … [Read more...]
Nevada Real Estate & Development Report: August 2013
Projects Las Vegas, 89128 Hospital Mountain View Hospital has completed construction on the second phase of an emergency room expansion project. The expanded emergency room doubled the size of the previous space and will now house 42 private beds for patients. The expansion provided a “Fast Track” Care and Triage area to quickly assess patients by triage nurses. Construction … [Read more...]
