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You are here: Home / Departments / Monthly Editorial Departments / ReD Report / Red Report: January 2016

Red Report: January 2016

January 1, 2016 By Nevada Business Mag

Read the Nevada Real Estate & Development Report: May 2015 - Commercial real estate and development - projects, sales, and leases.

E

Sale, Retail
ADDRESS 1201 – 1240 E. Charleston Blvd., 89104
BUYER Downtown Rental, Inc.
SELLER US Bank National Association
DETAILS 27,402 SF; $2,250,000
APN 139-34-814-001
REP (BOTH) Wil Chaffee and Paul Chaffee of NAI Vegas

Sale, Land
ADDRESS 5366 Stephanie St., 89122
BUYER Oxford Investment Partner, LLC
SELLER CRV Classic Properties, LP
DETAILS 1.66 acres; $190,000
APN 161-27-301-001
REP (BOTH) Robin Willet and Wil Chaffee of NAI Vegas

H

Sale, Retail
ADDRESS 10430 S. Eastern Ave., 89052
BUYER Heinrich J. Aberle Trust
SELLER Half Shell Entertainment Group, Inc.
DETAILS 6,800 SF; $2,450,000
APN 177-25-813-003
BUYER’S REP Charles Connors of Colliers International
SELLER’S REP Scot Marker of Colliers International

N

Loan, Multi-Family
ADDRESS 98 S. Martin Luther King Blvd., 89106
LOAN OFFICER Scott Monroe of NorthMarq Captial
DETAILS An $8.6 million refinance was negotiated for the 264-unit Rancho Verde Apartments. The transaction was structured with a 10-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with Freddie Mac.

NW

Sale, Office
ADDRESS 6900 Westcliff Dr., 89145
BUYER Westcliff Properties, LLC
SELLER Westcore Properties
DETAILS 81,298 SF; $18,250,000
APN 138-27-802-003
SELLER’S REP Marlene Fujita Winkel, CCIM and Charles Moore of CBRE

S

Sale, Retail
ADDRESS 5680 S. Pecos Rd., 89120
BUYER Ebrahim Kaabipour
SELLER Argyris Enterprises
DETAILS 4,600 SF; $2,450,000
APN 161-30-401-020
SELLER’S REP Nelson Tressler and Michael Zobrist of Newmark Grubb Knight Frank

Lease, Retail
ADDRESS 7211 S. Eastern Ave., Ste. 120, 89119
TENANT Boot Camp Las Vegas, LLC
LANDLORD L.D. Warm Springs, LLC
DETAILS 13,200 SF; $351,000 for five years
TENANT’S REP Jakke Farley of Virtus Commercial
LANDLORD’S REP David Grant of Colliers International

SW

Sale, Office
ADDRESS 2901 El Camino Ave., 89102
BUYER Anita Dumitru
SELLER Bailes Family Trust
DETAILS 20,263 SF; $2,780,000
APN 162-05-801-010
SELLER’S REP Jeff Berg and Mica Berg of The Berg Team – Sperry Van Ness

Sale, Office
ADDRESS 7650 W. Sahara Ave., 89117
BUYER Dr. Lane Smith
SELLER 7650 West Sahara, LLC
DETAILS 11,274 SF; $1.6 million
APN 163-03-415-009
BUYER’S REP Alexia Crowley of MDL Group
SELLER’S REP Jim Hill of ROI Commercial

Sale, Retail
ADDRESS 1281 E. Calvada Blvd., 89148
BUYER Marlau Partners, Inc.
SELLER Mountain America Federal Credit Union
DETAILS 8,400 SF; $510,000
APN 040-041-33
BUYER’S REP Trish Rippie of Trish Rippie Realty
SELLER’S REP Carol Grabner of Access Realty and Brandon Rawlins of Virtus Commercial

Sale, Retail
ADDRESS 5025 S. Fort Apache Rd., 89148
BUYER Crossroads Food Court, LLC
SELLER PROP 1, LLC
DETAILS 11,919 SF; $3,475,000
APN 163-30-512-013
BUYER’S REP Al Twainy, CCIM of Colliers International
SELLER’S REP Adam Malan and Deana Marcello of Logic Commercial Real Estate

Sale, Industrial
ADDRESS 4305 Oquendo Rd., 89118
BUYER Canmar Inc. and Figueroa Onroerend Goed NV
SELLER LNC Company, LLC
DETAILS 91,891 SF; $10.5 million
APN 162-31-612-003
SELLER’S REP Dean Willmore, SIOR and Mike Mixer, SIOR of Colliers International

Lease, Industrial
ADDRESS 4160 Cameron St. Ste. D & E, 89103
TENANT MMJ America Holding Company and Nevada Holistic Medicine, LLC
LANDLORD United Investments Series D, LLC
DETAILS 14,020 SF; $566,127 for five years
TENANT’S REP Lisa Hauger of Sun Commercial Real Estate
LANDLORD’S REP Eric Larkin, CCIM of NAI Las Vegas

WC

Sale, Office
ADDRESS 5961 S. Los Altos Pkwy., 89436
BUYER Micro Properties, LLC
SELLER Cypress Hill, LLC
DETAILS 5,503 SF; $1,136,000
APN 514-370-06

Sale, Office
ADDRESS 9080 Double Diamond Pkwy., 89521
BUYER Morrison Property Investments, LLC
SELLER First Financial Collateral, Inc.
DETAILS 6,497 SF; $245,000
APN 163-301-03

Sale, Retail
ADDRESS 1495 E. Prater Way, 89434
BUYER Nevada Property Investment Enterprises, LLC
SELLER CSMC 2007 – C4 Marina Marketplace, LLC
DETAILS 15,740 SF; $2,782,500
APN 037-020-43

O

Sale, Multi-Family
ADDRESS 2750 S. Durango Dr., 89117 & 2120 Ramrod Ave., 89014
BUYER Pacifica Companies LLC & Pacifica Solevita LLC
SELLER Optimus Dolce LLC and Optimus Solevita LLC
DETAILS 414 units; $78,502 per unit
APN 163-09-210-000 & 161-32-312-000
REP (BOTH) Patrick Sauter and Art Carll of NAI Vegas

Related

Filed Under: ReD Report Tagged With: Access Realty, Adam Malan, Al Twainy, Alexia Crowley, America Holding Company, Anita Dumitru, Argyris Enterprises, Bailes Family Trust, Boot Camp Las Vegas, Brandon Rawlins, Canmar Inc, Carol Grabner, CBRE, Charles Connors, Charles Moore, Colliers International, CRV Classic Properties, Cypress Hill, David Grant, Deana Marcello, Downtown Rental, Dr. Lane Smith, Ebrahim Kaabipour, Freddie Mac, Half Shell Entertainment Group, Heinrich J. Aberle Trust, Jakke Farley, Jeff Berg, Jim Hill, L, L.D. Warm Springs, Las Vegas business, Las Vegas commercial real estate, Las Vegas real estate, Lisa Hauger, Marlau Partners, Marlene Fujita Winkel, MDL Group, Mica Berg, Michael Zobrist, Mountain America Federal Credit Union, NAI Vegas, Nelson Tressler, Nevada business, Nevada commercial real estate, Nevada Holistic Medicine, Nevada real estate, Newmark Grubb Knight Frank, NorthMarq Captial, Oxford Investment Partner, Paul Chaffee, Reno business, Reno commercial real estate, Reno real estate, Robin Willet, ROI Commercial, Scot Marker, Scott Monroe, Sperry Van Ness, Sun Commercial Real Estate, Trish Rippie, Trish Rippie Realty, United Investments Series D, US Bank National Association, Virtus Commercial, Westcliff Properties, Westcore Properties, Wil Chaffee

Janet Uthman: Cox Communications, Las Vegas

Steve Westerman: Cox Business, Las Vegas

Paul Krakovitz: Intermountain Healthcare

Edward Vance: EV&A Architects

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