As Nevada businesses work to adjust to a rapidly changed world, executives in commercial brokerage see a multitude of changes to their industry. From tenant and landlord to bankers, brokers are involved in nearly every aspect of the commercial real estate industry and are working to advise their clients moving forward in a post-COVID world. Recently, brokerage executives … [Read more...] about Industry Focus
Newmark Knight Frank
Newmark Knight Frank’s Recent Retail Leasing Transactions
· Las Vegas CP1, LLC dba Core Progression leased 4,210 square feet of retail space at 4215 S. Grand Canyon Dr, Suite 105 from Grand Canyon Center, LP. Total consideration was $844,601. Managing Director Michael Zobrist and Managing Director Lauren Tabeek, CCIM of Newmark Knight Frank represented the lessor in the … [Read more...] about Newmark Knight Frank’s Recent Retail Leasing Transactions
RetailFocus on the Experience
Once upon a time — say, 10 years ago — retail was all about selling stuff. But as the business of selling stuff continues to move online, the word of the moment among retailers and shopping center owners is “experience.” “Experience is a big part of what retailers are looking to incorporate now, whether this is in the form of innovative interiors, games or mobile pickup,” … [Read more...] about Retail
Newmark Knight Frank’s Recent Retail Leasing Transactions
• Pinpiya Manmalai dba Nene Sushi and Japanese Contemporary Bistro leased 1,654 square feet of retail space at 4165 South, Grand Canyon Drive, Suite 100 from Grand Canyon Center, LP. Total consideration was $289,781. Managing Director Michael Zobrist and Managing Director Lauren Tabeek, CCIM of Newmark Knight Frank represented the lessor in the transaction. • The List Salon, … [Read more...] about Newmark Knight Frank’s Recent Retail Leasing Transactions
Newmark Knight Frank Reps Seller in 1.4-acre Land Sale
Newmark Knight Frank represented Summerlin Asset Management, LLC and Iron Rock Properties, LLC in the sale of a 1.4-acre parcel of land located at the SEC of Decatur Boulevard and Ford Avenue, to Zheng Da, LLC. Total consideration was $1,000,000. Managing Director Michael Zobrist and Executive Managing Director Nelson Tressler of Newmark Knight Frank represented the seller in … [Read more...] about Newmark Knight Frank Reps Seller in 1.4-acre Land Sale
Industry FocusProperty Mangement
No industry is more involved in the daily running of a building than property management. From dealing with a homeless population to municipalities and tenant renewals, property managers are experts at handling a variety of issues that can arise. Recently, industry leaders met at the Las Vegas offices of City National Bank to discuss commercial real estate and the … [Read more...] about Industry Focus
Newmark Knight Frank’s Recent Leasing Activity
• Tax Services of America, Inc dba Jackson Hewitt leased 1,183 square feet of retail space at 1540 W. Warm Springs., from Sunstone Bonita, LLC. Total consideration was $158,716. Managing Director Michael Zobrist and Managing Director Lauren Tabeek, CCIM of Newmark Knight Frank represented the lessor in the transaction. • Rameshwar, LLC dba D's Smoke Shop & Gifts leased … [Read more...] about Newmark Knight Frank’s Recent Leasing Activity
Newmark Knight Frank Reps Landlord in Lease for Youth Leadership Program to Join Commerce Commons Shopping Center
Gentlemen by Choice Community Development Corp dba Gentlemen by Choice leased 2,800 square feet of retail space at 205 W. Centennial Pkwy., Ste 120-130, from Centennial Commerce LLC. Total consideration was $181,128. Managing Director Michael Zobrist, Managing Director Lauren Tabeek, CCIM, and Executive Managing Director Nelson Tressler of Newmark Knight Frank represented the … [Read more...] about Newmark Knight Frank Reps Landlord in Lease for Youth Leadership Program to Join Commerce Commons Shopping Center
Newmark Knight Frank’s Recently Completed Retail Transactions
Blue Sky Group, LLC dba Marco's Pizza leased 1,400 square feet of retail space at 171 W. Centennial Pkwy., Ste 100, from Centennial Commerce LLC. Total consideration was $284,210. Managing Director Michael Zobrist and Executive Managing Director Nelson Tressler of Newmark Knight Frank represented the lessor in the transaction. Maria L. Vega dba Allstate Insurance leased … [Read more...] about Newmark Knight Frank’s Recently Completed Retail Transactions
Newmark Knight Frank Announces Two New Tenant’s Coming to Stephanie Promenade
Bullfrog International, LC dba Bullfrog Spas leased 14,700 square feet of retail space at 209 N. Stephanie St., from Stephanie Promenade, LLC. Total consideration was $764,954. Managing Director Michael Zobrist and Executive Managing Director Nelson Tressler of Newmark Knight Frank represented the lessor in the transaction. BB Holdings NV, LLC dba Dutch Bros leased 820 … [Read more...] about Newmark Knight Frank Announces Two New Tenant’s Coming to Stephanie Promenade
Newmark Knight Frank Negotiates Sale of Cornet Plaza in Henderson, NV
Newmark Knight Frank represented Cornet Plaza, LLC in the sale of 771 E. Horizon Dr., a 26,888 square foot retail center, to C&C Elliot Street LP. Total consideration was $6,380,000. Managing Director Michael Zobrist and Executive Managing Director Nelson Tressler of Newmark Knight Frank represented the seller in the transaction. … [Read more...] about Newmark Knight Frank Negotiates Sale of Cornet Plaza in Henderson, NV
Newmark Knight Frank Brings Another Tenant to Mall at Grand Canyon
VeggiEat Grand Canyon, LLC dba VeggiEat Xpress leased 1,272 square feet of retail space at 4195 S. Grand Canyon Dr., Ste 104, from Grand Canyon Center, LP. Total consideration was $190,495. Managing Director Michael Zobrist and Executive Managing Director Nelson Tressler of Newmark Knight Frank represented the lessor in the transaction. … [Read more...] about Newmark Knight Frank Brings Another Tenant to Mall at Grand Canyon
Newmark Knight Frank Facilitates Lease at Silverado Ranch Village Retail Center
Mike Hillyer and Diversified Holdings, LLC dba Tan Republic leased 2,400 square feet of retail space at 467 E. Silverado Ranch Blvd., Ste 190, from Empress Group, LLC. Total consideration was $235,836. Managing Director Michael Zobrist and Executive Managing Director Nelson Tressler of Newmark Knight Frank represented the lessor in the transaction. … [Read more...] about Newmark Knight Frank Facilitates Lease at Silverado Ranch Village Retail Center
Newmark Knight Frank Represents Landlord in Recent Retail Lease Transaction at Craig Promenade
Lux Beauty Supplies Craig, LLC dba Lux Beauty Supplies leased 5,617 square feet of retail space at 775 W. Craig Rd., Ste 154-160, from Craig Promenade, LLC. Total consideration was $644,551. Managing Director Michael Zobrist and Executive Managing Director Nelson Tressler of Newmark Knight Frank represented the lessor in the transaction. … [Read more...] about Newmark Knight Frank Represents Landlord in Recent Retail Lease Transaction at Craig Promenade
Last WordWhat Factor is Most Important to a Business’ Success?
Scott Pruneau CEO ITS Logistics “In one word, Clarity. If you can achieve clarity on why you are in business, the market you serve, and how you create value for your stakeholders—your chances of success are very high.” Lori J. Raugust MAI, MRICS Senior Vice President | Valuation & Advisory National Team Leader – Gaming Newmark Knight Frank “The … [Read more...] about Last Word
The Return of Office 2019Nevada’s CRE Office Industry
Nevada’s commercial real estate office market is healthy, but not considered robust. Hit hard during the 2008 recession, it’s good to see vacancy rates dropping and rents increasing, but there’s been very little new product built in the last decade, which accounts for at least some of the continuing drop in vacancy rates. “The office market is not where we’d like it to be, … [Read more...] about The Return of Office 2019
Last WordWhat Are Your Hopes for 2019?
“I hope this country can find common ground and come together. When we unite, we are the greatest country in the world. We need to demonstrate positivity, success and happiness to our future generations.” Bryan Kroten, Vice President of Marketing | Maverick Helicopters “I hope that the new year brings renewed commitment to working together for a better today and tomorrow … [Read more...] about Last Word
NKF – New Tenant Signs Lease at Sahara Pavilion North Shopping Center
Vivo Vision Inc dba Vivo Vision leased 1,404 square feet of retail space at 4750 W. Sahara Ave., Ste 2, from Sahara 3D, LLC. Total consideration was $140,640. Managing Director Michael Zobrist and Executive Managing Director Nelson Tressler of Newmark Knight Frank represented the lessor in the transaction. … [Read more...] about NKF – New Tenant Signs Lease at Sahara Pavilion North Shopping Center
NKF Finalizes Another Retail Lease at Stephanie Promenade
Vijay Gandhi dba Hollywood Smokes and Vapes leased 1,600 square feet of retail space at 237 N. Stephanie St., Ste D, from Stephanie Promenade, LLC. Total consideration was $155,520. Managing Director Michael Zobrist and Executive Managing Director Nelson Tressler of Newmark Knight Frank represented the lessor in the transaction. … [Read more...] about NKF Finalizes Another Retail Lease at Stephanie Promenade
NKF Prompts Real Estate Visionary Christopher Crooks to Relocate to Las Vegas
Las Vegas — Newmark Knight Frank (NKF) is pleased to announce the addition of real estate visionary Christopher Crooks to the Las Vegas office. Joining as senior managing director, Crooks will build his tenant representation practice, with a focus on delivering strategic real estate services and enhancing workplace environments. Hailing from the East Coast, Crooks has spent … [Read more...] about NKF Prompts Real Estate Visionary Christopher Crooks to Relocate to Las Vegas