Projects
Las Vegas, 89129
Government
J.A. Tiberti Construction has completed renovations on the Durango Hills Water Resource Center. Facility improvements totaled $9.1 million and included construction of two new 8,800 SF structures. The water center was kept open during the 13-month project. MWH Americas served as architect of record. The facility is located at 3271 N. Durango Drive.
Las Vegas, 89169
Office
Jaynes Corp. is completing an all over renovation on the Sands Expo Convention Center. Construction will include a complete demolish and rebuild of the meeting spaces, executive offices and business centers. The project is being completed in two phases and is expected to finish in September. Renovations will cost $25 million to complete. Gensler is the architect of record. The property is located at 201 Sands Avenue.
Las Vegas, 89183
Retail
Gillett Construction is constructing a new $30 million dollar bowling arena at the South Point Hotel and Casino. Upon completion, the two-story arena will feature 60 bowling lanes, stadium-style seating, locker room facilities and a 25,000 SF registration area. The bowling center is expected to open in the fall of 2015. Leo A. Daly is the architect of record. The property is located at 9777 S. Las Vegas Boulevard.
Reno, 89502
Retail
United Construction has broken ground on the new 29,000 SF aircraft hangar and two-story, 13,000 terminal for Atlantic Aviation. The airport addition will allow for more business travel through Reno and boost local tax revenues. Construction is expected to conclude in March 2014 and will cost $9 million to complete. The building will be located at the Reno-Tahoe International Airport at 2001 E. Plumb Lane.
Sales
Las Vegas, 89101
Office
610S 9th LLC purchased 8,000 SF from Hardy Living Trust for $1 million or $125 PSF. The seller was represented by Ric Rushton of Gatski Commercial. The property is located at 610 S. 9th Street.
APN # 139-34-801-008
Las Vegas, 89108
Office
Neubauer Building LLC purchased 10,638 SF from Garry Thyne for $275,000 or $26 PSF. The buyer was represented by Tony Hama of Sperry Van Ness and the seller was represented by Jeff Berg and Mica Berg of Sun Commercial Real Estate. The property is located at 5426 Vegas Drive.
APN # 138-24-403-030
Las Vegas, 89147
Office
MIG Real Estate purchased 110,738 SF from Colonial Plaza Office CTR LLC for $3 million or $27 PSF. The property is located at 4670 and 4730 S. Fort Apache Road.
APN # 163-20-315-004
Sparks, 89431
Office
Schnabel Ventures purchased 115,496 SF from Truckee Meadows Business Park, LLC for $3,350,000 or $29 PSF. The property is located at 200-300 Coney Island Drive.
APN # 034-410-10 et all
Reno, 89521
Office
Michael R. Sullivan Family Trust purchased 5,621 SF from G3 Properties LLC for $566,000 or $101 PSF. The property is located at 9440 Double R Boulevard.
APN # 163-190-09
Las Vegas, 89147
Retail
Garden Flowers Blossom LV, LLC purchased 4,500 SF from Evergreen 28 LP for $387,000 or $86 PSF. The seller was represented by Timothy Behrendt and Lisa Hauger of MDL Group. The property is located at 4375 S. Buffalo Drive.
APN # 163-21-619-011
Reno, 89502
Retail
TJR Holdings LLC purchased 6,332 SF from Rankin Nevada Holdings LLC for $1,750,000 or $276 PSF. The property is located at 795 E. Moana Lane.
APN # 020-221-33
Reno, 89512
Retail
Kevin D and Dianne L Higgins purchased 9,940 SF from Michel Brothers Enterprise LLC for $570,000 or $57 PSF. The property is located at 608 E. 5th Street.
APN # 008-242-01
Reno, 89512
Retail
Five Eureka LLC purchased 21,636 SF from Grant Davis, et al for $550,000 or $25 PSF. The property is located at 750 E. 5th Street.
APN # 008-243-02
Las Vegas, 89117
Retail
T&T The Lakes LLC purchased 7,215 SF from Bagels LLC for $3.7 million or $513 PSF. The buyer was represented by Yvette Major of Re/Max Advantage and the seller was represented by Chris Emanuel of Virtus Commercial. The property is located at 9031 W. Sahara Avenue.
APN # 163-08-121-014
Las Vegas, 89115
Industrial
Ying Family Trust and Benjamin Ying purchased 5,940 SF from Bank of George for $310,000 or $52 PSF. The seller was represented by Soozi Jones Walker, CCIM, SIOR and Bobbi Miracle, CCIM of Commercial Executives. The property is located at 4950 E. Cartier Avenue.
APN # 140-17-710-006
Sparks, 89434
Industrial
Vision Quest Pacific LTD purchased 5,194 SF from Wells Fargo Bank for $340,000 or $65 PSF. The property is located at 523 Vista Boulevard.
APN # 037-370-06
Reno, 89512
Industrial
T&T Capital LLC purchased 12,702 SF from Frontier Land & Livestock Co. for $562,000 or $44 PSF. The property is located at 315 Spokane Street.
APN # 008-254-05
Las Vegas, 89121
Multi-Family
Miracle Mile MHC LLC purchased 463-mobile home spaces from Four Mile LLC for $21.5 million or $46,436 per space. The seller was represented by Bridget Richards, CCIM and Jason Lesley, CCIM of New Growth Commercial Real Estate. The property is located at 3642 Boulder Highway.
APN # 161-07-105-002
Las Vegas, 89169
Multi-Family
Resort Corridor Holdings, LLC purchased 342-units from SNIP Cobblestone LP for $21.6 million or $63,158 per unit. The seller was represented by NAI Sauter. The property is located at 4200 S. Paradise Road.
APN # 162-22-104-004
Leases
Las Vegas, 89101
Office
Southern Nevada Senior Law Program leased 6,967 SF from Bonneville Square LLC for $769,157 on a 51-month lease. The tenant and the landlord were both represented by Chris Emanuel of Virtus Commercial. The property is located at 411 E. Bonneville Avenue. Reported monthly rent is $2.16 PSF.
Las Vegas, 89102
Office
Las Vegas Rehabilitation Partners leased 9,626 SF from WBCMT 2007-C33 Charleston Blvd. LLC for $712,553 on a 63-month lease. The landlord was represented by Bob Hawkins and Neil Sorkin of Cushman & Wakefield-Commerce. The property is located at 3811 W. Charleston Boulevard, Suite 100. Reported monthly rent is $1.17 PSF.
89030
Retail
Wild Wash Laundromat leased 5,448 SF from Weingarten Nostat Inc. for $526,822 on a 10-year lease. The landlord was represented by Chris Godino and David Lipp, CCIM of Newmark Grubb Knight Frank. The property is located at 2123 E. Lake Mead Boulevard. Reported monthly rent is $0.81 PSF.
Las Vegas, 89118
Retail
Charlie’s Las Vegas leased 5,400 SF from Onaka Clarence S Rev Living Trust/Bell Enterprise LLC for $263,370 on a five-year lease. The landlord was represented by Kara Walker, CCIM of Newmark Grubb Knight Frank. The property is located at 5012 Arville Street, Suite 4-6. Reported monthly rent is $0.81 PSF.
Las Vegas, 89123
Retail
Nationwide Group Service leased 4,000 SF from Reliable Investment and Management LLC for $225,000 on a five-year lease. The landlord was represented by Soozi Jones Walker, CCIM, SIOR and Bobbi Miracle, CCIM of Commercial Executives. The property is located at 8130 S. Eastern Avenue. Reported monthly rent is $0.94 PSF.
North Las Vegas, 89030
Industrial
J.C.H Enterprises leased 16,016 SF from Harsch Investment Properties for $170,833 on a 38-month lease. The tenant was represented by Eric Molfetta of Colliers International and the landlord was represented by Dean Willmore, SIOR of Colliers International. The property is located at 2711 E. Craig Road, Suites H to J. Reported monthly rent is $0.28 PSF.
North Las Vegas, 89081
Industrial
Columbia River Logistics leased 32,772 SF from Golden Triangle Industrial Park LLC for $117,979 on a one-year lease. The tenant was represented by Art Farmanali, SIOR of Cushman & Wakefield-Commerce and the landlord was represented by Donna Alderson, SIOR of CB Richard Ellis. The property is located at 4980 Statz Street, Suite 120. Reported monthly rent is $0.30 PSF.
Las Vegas, 89102
Industrial
P&R Paper Company leased 31,000 SF from NLV Sagebrush LLC for $286,130 on a three-year lease. The tenant was represented by Mark Kincaid of Integrity Real Estate and the landlord was represented by Dan Doherty, SIOR and Chris Lane of Colliers International. The property is located at 4432 Calimesa Street. Reported monthly rent is $0.26 PSF.
Las Vegas, 89118
Industrial
Stratum Textiles leased 5,595 SF from Design to Print, Inc. for $104,212 on a 37-month lease. The landlord was represented by Timothy Behrendt and Lisa Hauger of MDL Group. The property is located at 6631 Schuster Street. Reported monthly rent is $0.50 PSF.
Las Vegas, 89118
Industrial
Harco Americas Inc. leased 7,765 SF from Seashore Holdings, Inc. for $140,701 on a three-year lease. The landlord was represented by Cathy Jones, CCIM and Paul Miachika of Sun Commercial Real Estate. The property is located at 4260 Wagon Trail Avenue. Reported monthly rent is $0.50 PSF.
Las Vegas, 89120
Industrial
American Reprographics Company leased 4,254 SF from PFRS Patrick Center Corp. for $66,352 on a 39-month lease. The tenant was represented by Lisa Gilstrap, CCIM of Lee and Associates and the landlord was represented by Dan Doherty, SIOR of Colliers International. The property is located at 2925 Patrick Lane, Suites A and B. Reported monthly rent is $0.40 PSF.
