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...]
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...]
Newmark Grubb Knight Frank Represents Buyer In Large Office Sale
Gamma Pecos-McLeod, LLC purchased a two-building office complex, comprised of 35,700 square feet located at 3740 and 3760 Pecos-McLeod Interconnect. Total consideration was $5,970,000. Senior Managing Director Larry Singer and Managing Director Michael Tabeek, SIOR, CCIM of Newmark Grubb Knight Frank represented the buyer in the transaction. … [Read more...]
