Nevada's office market was hit hard by the 2008 recession, when often companies expecting to expand instead contracted and downsized their use of office space. Office product was vacated or underutilized. Vacancy rates jumped. New product stood empty. In the last 12 years, there's been very little new product under construction. Fast forward to today, when the office market … [Read more...] about Back to the Office
Taber Thill
NAIOP Bus Tour Guidebook2022
Once Upon a Time NAIOP Southern Nevada’s Bus Tour Committee is pleased to present the 2022 “Once Upon a Time ” Bus Tour. These past several years have been a whirlwind and during that time the Southern Nevada market has continued to grow! We are pleased to report that commercial real estate development continues to remain strong throughout the Las Vegas Valley. During the … [Read more...] about NAIOP Bus Tour Guidebook
Odyssey Real Estate Capital Acquires Class a Suburban Building at City Center West
Odyssey Real Estate Capital acquires a 106,000-square-foot Class A suburban office building at City Center West at U.S. Route 95's Lake Mead exit. LAS VEGAS – Odyssey Real Estate Capital, a Las Vegas-based real estate investment firm, is pleased to announce its acquisition of 7251 West Lake Mead Boulevard, one of two identical buildings at City Center West. The … [Read more...] about Odyssey Real Estate Capital Acquires Class a Suburban Building at City Center West
Colliers International – Las Vegas Recognized as Brokerage Firm of the Year for 12th Consecutive Year
Mike Mixer, executive managing director of Colliers International – Las Vegas, announced that the company was named Brokerage Firm of the Year for the twelfth (12) consecutive year by NAIOP Southern Nevada. The award was announced at NAIOP’s 20th annual Spotlight Awards event on March 4th at the Red Rock Casino Resort Spa. This award is the highest honor that a Brokerage … [Read more...] about Colliers International – Las Vegas Recognized as Brokerage Firm of the Year for 12th Consecutive Year
Red Report: February 2017
E Sale, Land ADDRESS 2214 N. Pecos Rd., 89115 BUYER Oxford Investment Partners SELLER Brian J. Horner DETAILS 3.88 acres; $250,000 APN 140-19-101-015 BUYER’S REP Matthew Feustel of Virtus Commercial Loan, Motel ADDRESS 4288 N. Nellis Blvd., 89115 LOAN OFFICER David Blum of NorthMarq Capital DETAILS NorthMarq Capital negotiated the $3 million refinance of La Quinta … [Read more...] about Red Report: February 2017
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...] about Colliers International Announces $66.5 Million Sale of IGT Office Building to California Based Investor, Griffin Capital Corporation
Colliers International | Las Vegas Updates Jun. 14, 2016
LAS VEGAS - Colliers International – Las Vegas announced the finalization of the following sale to CFT Lands LLC. The approximately 2.5 acre vacant land parcel is located on the southwest corner of Pyle St. and Polaris Ave. at APN: 177-29-301-002 in Las Vegas. The transaction value was $750,000. Vince Schettler of Colliers International represented the seller, Pyle Street … [Read more...] about Colliers International | Las Vegas Updates Jun. 14, 2016
Colliers International | Las Vegas Updates May 24, 2016
LAS VEGAS – Colliers International – Las Vegas announced the finalization of the following sale to Daniel J. Beumer. The approximately 6,300 square foot office property is located in the Park at Warm Springs at 139 E. Warm Springs Road in Las Vegas. The transaction value was $1,200,000. Dean Willmore, SIOR and Chelsy Cardin of Colliers International represented the seller, … [Read more...] about Colliers International | Las Vegas Updates May 24, 2016
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...] about Colliers International | Las Vegas Updates Apr. 12, 2016
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...] about How to Lease or Buy: A Guide to the Rebounding Commercial RE Industry
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...] about Colliers International – Las Vegas Recognizes Top Producers
Colliers International | Las Vegas Updates Jan. 11, 2016
LAS VEGAS – Colliers International – Las Vegas announced the finalization of the following sale to McBeath Holdings LLC Series TT. The approximately 16,864 square foot office/industrial property is located at 7115 Bermuda Road in Las Vegas. The transaction value was $2,002,600. Greg Pancirov, SIOR and Mike DeLew, SIOR of Colliers International represented the buyer. LAS VEGAS … [Read more...] about Colliers International | Las Vegas Updates Jan. 11, 2016
Colliers International | Las Vegas Updates Dec. 28, 2015
LAS VEGAS – Colliers International – Las Vegas announced the finalization of the following sale to Veneto Sorrento GP LLC. The 236 unit/approximately 11.40 acre multi-family complex is called Casa Sorrento and is located at 3580 E. Alexander Road in Las Vegas. The transaction value was $13,750,000. Tom Naseef, CCIM, SIOR, Jeff Naseef and Garry Cuff, CCIM of Colliers … [Read more...] about Colliers International | Las Vegas Updates Dec. 28, 2015
Colliers International | Las Vegas Updates Dec. 16, 2015
LAS VEGAS – Colliers International – Las Vegas announced the finalization of the following lease to Superior Plumbing & Drain LLC. The approximately 4,975 square foot industrial property is located at 175 N. Gibson Road. in Henderson. Dan Doherty, SIOR, Susan Borst, CCIM, Chris Lane and Jerry Doty of Colliers International represented the lessor, Lackey Family Trust. LAS … [Read more...] about Colliers International | Las Vegas Updates Dec. 16, 2015
Colliers International | Las Vegas Updates Dec. 15, 2015
LAS VEGAS – Colliers International – Las Vegas announced the finalization of the following sale to Sakley Family Trust. The approximately 9.07 acre vacant land parcel is located on the Southeast corner of Rainbow Blvd. and Arby Ave. in Las Vegas (APN: 176-02-401-001 and 002). The transaction value was $8,200,000.00. Scot Marker of Colliers International represented the … [Read more...] about Colliers International | Las Vegas Updates Dec. 15, 2015