Las Vegas – Dermody Properties, a national industrial real estate owner-operator headquartered in Reno, Nevada, announced that it reached a construction milestone with the tilt-up and placement of the first wall panels for its 546,480 SF industrial facility on Las Vegas Boulevard near North Walnut Road. The building will be completed on time by the end of the second quarter of … [Read more...]
Red Report: January 2017
E Sale, Multi-Family ADDRESS 501 S. 10th St., 89101 BUYER Ambleside Properties LLP SELLER T.H. Steele DETAILS 44 units; $32,727 per unit APN 139-34-811-006 SELLER’S REP Michael R. LaBar and Michael L. Shaffner of Marcus & Millichap H Sale, Retail ADDRESS 210 N. Boulder Hwy., Bldg. F, 89015 BUYER Southpoint Apartment, Inc. SELLER WPI-Lake Boulder, LLC DETAILS … [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...]
Red Report: November 2016
E Project, Office ADDRESS 700 S. 3rd St., 89101 CONTRACTOR OF RECORD OS Construction Services, Inc. DETAILS Rogers, Mastrangelo, Carvalhi & Mitchell, Ltd. (RMCM), a law firm, has broken ground on new headquarters in downtown Las Vegas. The 1.2 acre site will undergo the demolition of an existing building and construction of a new two-story building with Class A finishes … [Read more...]
Colliers International Announces $66.5 Million Sale of IGT Office Building to California Based Investor, Griffin Capital Corporation
Las Vegas –Colliers International Las Vegas represented Panattoni Development Company on a $66.5 million office facility sale to Griffin Capital Essential Asset REIT II, Inc. The Class “A”, three-story, 222,268 square-foot office property is fully leased to IGT and guaranteed by the tenant’s parent company, International Game Technology PLC. IGT has occupied the facility since … [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...]
Dermody Properties Begins Construction on 550,000 SF Development in Las Vegas
Las Vegas – Dermody Properties, a national industrial real estate owner-operator headquartered in Reno, Nev., recently started construction on a 550,000-square-foot industrial facility on Las Vegas Boulevard near North Walnut Road. United Construction Company is the design-build contractor on the project. The companies expect to complete construction in the Second Quarter of … [Read more...]
Red Report: July 2016
E Sale, Retail ADDRESS 5061 E. Sahara Ave., 89142 BUYER JARM, LLC SELLER East Sahara & Nellis, LLC DETAILS 9,200 SF; $2,550,000 APN 161-09-115-003 SELLER’S REP Nelson Tressler and Michael Zobrist of Newmark Grubb Knight Frank H Sale, Office ADDRESS 139 E. Warm Springs Rd., 89015 BUYER Daniel J. Beumer SELLER Foundation Executives Suites, LLC DETAILS 6,300 SF; … [Read more...]
Colliers International | Las Vegas Updates Jun. 21, 2016
LAS VEGAS – Colliers International – Las Vegas announced the finalization of the following sale to Progressive Pilgrims Fellowship. The approximately 7,000 square foot church property is located at 5621-5719 Judson Ave. in Las Vegas. The transaction value was $730,000. Al Twainy, CCIM of Colliers International represented the seller, Saint Michael Antiochian Orthodox … [Read more...]
Colliers International – Las Vegas Announces Promotions, Title Changes and New Designees
LAS VEGAS – Mike Mixer, executive managing director of Colliers International – Las Vegas, announced the company following promotions and designations to members of the Colliers Las Vegas team: Susan Borst, CCIM, SIOR has earned the title of Senior Vice President in Colliers’ industrial division and received her SIOR (Society of Industrial and Office Realtors) designation at … [Read more...]
Colliers International | Las Vegas Updates Jun. 6, 2016
LAS VEGAS – Colliers International – Las Vegas announced the finalization of the following lease renewal to Copper State Bolt and Nut Company. The approximately 10,350 square foot industrial property is located at 5530 S. Valley View Blvd. in Las Vegas. Dan Doherty, SIOR, Susan Borst, CCIM, SIOR, Chris Lane and Jerry Doty of Colliers International represented the lessor, TLM … [Read more...]
Colliers International | Las Vegas Updates May 19, 2016
LAS VEGAS – Colliers International – Las Vegas announced the finalization of the following sale to Flip For Me Gymnastics Inc. The 9,729 square foot industrial property is located in Wigwam Jones Industrial Park at 5895 W. Wigwam Ave. in Las Vegas. The transaction amount was $1,167,480. Dan Doherty, SIOR, Susan Borst, CCIM, SIOR, Chris Lane and Jerry Doty of Colliers … [Read more...]
Colliers International | Las Vegas Updates May 4, 2016
LAS VEGAS– Colliers International – Las Vegas announced the finalization of the following sale to Sunland Properties Inc. The approximately 148,070 square foot office property is located at Bank of America Operations Center at 4101 E. Charleston Blvd. in Las Vegas. The transaction value was $4,600,000.00. Tom Naseef, CCIM, SIOR and Jeff Naseef of Colliers International … [Read more...]
Red Report: May 2016
E Sale, Retail ADDRESS 4440 E. Washington Ave., 89110 BUYER Berryessa Plaza, LLC SELLER Mark M. Kaisi DETAILS 30,441 SF; $2,450,000 APN 140-29-212-003 BUYER’S REP Dan Gluhaich of Colliers International SELLER’S REP Cathy Jones, CCIM and Paul Miachika of Sun Commercial Real Estate Sale, Land ADDRESS 3500 N. Lamb Blvd., 89115 BUYER Lambeau, LLC SELLER Lamb Blvd … [Read more...]
Colliers International | Las Vegas Updates Apr. 12, 2016
LAS VEGAS – Colliers International – Las Vegas announced the finalization of the following sale to Sadler Family Trust dated July 17, 2000. The approximately 13,572 square foot industrial property is located at 5570 Reference St. in Las Vegas. The transaction value was $1,490,000. Mike DeLew, SIOR of Colliers International represented the buyer. LAS VEGAS – Colliers … [Read more...]
Colliers International | Las Vegas Updates Mar. 29, 2016
LAS VEGAS - Colliers International – Las Vegas announced the finalization of the following sale to Berryessa Plaza LLC. The approximately 62,620 square foot retail property is located at 4854 W. Lone Mountain Road in Las Vegas. The transaction amount was $4,000,000. Dan Gluhaich of Colliers International represented the buyer. LAS VEGAS - Colliers International – Las Vegas … [Read more...]
Colliers International – Las Vegas Recognizes Top Producers
Leading commercial real estate brokers recognized at company’s high-profile annual Americas Conference hosted in Washington, D.C. LAS VEGAS – Mike Mixer, executive managing director of Colliers International – Las Vegas, announced that eight brokers from the Las Vegas office joined the esteemed Colliers Everest Club. Dan Doherty SIOR, Susan Borst, CCIM, Ryan Martin, CCIM, … [Read more...]
Colliers International | Las Vegas Updates Mar. 14, 2016
LAS VEGAS – Colliers International – Las Vegas announced the finalization of the following sale to PDCUSIF SOUTH 15 LLC. The approximately 32.58 acre land parcel is located in South 15 Airport Center on Executive Airport Dr. south of St. Rose Parkway (APNs: 191-10-210-001 and 191-10-110-004) in Henderson. The transaction value was $5,903,808.77. Dan Doherty, SIOR, Susan Borst, … [Read more...]
Colliers International | Las Vegas Updates Mar. 8, 2016
LAS VEGAS – Colliers International – Las Vegas announced the finalization of the following sale to ROC II NV Ritz LLC. The approximately 198 unit/approximately 205,928 square foot multifamily property is called Sonoma Pointe Apartments and is located at 4250 S. Jones Blvd. in Las Vegas. The transaction value was $20,831,792.40. Tom Naseef, CCIM, SIOR, Garry Cuff, CCIM and Jeff … [Read more...]
Colliers International | Las Vegas Updates Mar. 1, 2016
LAS VEGAS – Colliers International – Las Vegas announced the finalization of the following sale to ATTAP Company Inc. The approximately 72,164 square foot industrial property is located at 1841 E. Craig Road in North Las Vegas. The transaction value was $7,150,000. Greg Pancirov, SIOR and Mike DeLew SIOR of Colliers International represented the seller, 1031 Services Inc. as QI … [Read more...]
