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You are here: Home / Departments / Monthly Editorial Departments / ReD Report / Red Report: June 2015

Red Report: June 2015

June 1, 2015 By Nevada Business Mag

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

E

Sale, Industrial
ADDRESS 410 Mark Leany Dr., 89011
BUYER No Sweat Mechanical LLC
SELLER M&R Leasing LLC
DETAILS 5,400 SF; $415,000
APN 178-01-412-003
BUYER’S REP Jarrad Katz, CCIM, SIOR and Galit Kimerling of MDL Group
SELLER’S REP Jack Holler Commercial Real Estate

Lease, Retail
ADDRESS 617 Mall Ring Rd., Ste 120, 89014
TENANT Wellness Connection of Nevada LLC
LANDLORD Galleria Pavilion LLC
DETAILS 6,466 SF; $839,589 for five years
TENANT’S REP Kendall Thacker of Encore Commercial Inc.
LANDLORD’S REP Eric Berggren of Newmark Grubb Knight Frank

N

Lease, Retail
ADDRESS 3696 N. Rancho, 89130
TENANT Keith Pickford
LANDLORD Las Vegas Motorsports Inc.
DETAILS 4,010 SF; $131,488 for 37 months
TENANT’S REP Lisa Hauger of Sun Commercial Real Estate, Inc.
LANDLORD’S REP Paul Callister of Albright Callister

Lease, Industrial
ADDRESS 3828 Civic Center, Ste 155, 89030
TENANT MVP Trans Inc.
LANDLORD Civic Center Properties LLC
DETAILS 9,837 SF; $144,980 for three years
TENANT’S REP Ron Mendicino of Mendicino Commercial Realty Inc.
LANDLORD’S REP Jarrad Katz, CCIM, SIOR and Galit Kimerling of MDL Group

Loan, Retail
ADDRESS Centennial Court Shopping Center 6515 N. Buffalo Dr., 89131
BORROWER PHD Properties
DETAILS 36,740 SF; $7,300,000 refinancing with a 10-year fixed term and 30-year amortization schedule.
BORROWER’S REP David Blum of NorthMarq Capital

NW

Sale, Land
ADDRESS S of SWC Durango Dr. & Deer Springs, 89149
BUYER The 786 Children’s Education Trust
SELLER James R. Marsh
DETAILS 1.89 acres; $1,900,000
APN 125-20-301-027
BUYER’S REP Asif Abdus of Active Commercial
SELLER’S REP David Lipp, CCIM of Newmark Grubb Knight Frank

S

Sale, Office
ADDRESS 3650 S. Eastern Ave., 89169
BUYER One Realco Corporation
SELLER Larry Britz
DETAILS 6,000 SF; $725,000
APN 162-13-213-019
SELLER’S REP Tom Naseef, CCIM, SIOR and Jeff Naseef of Colliers International

Lease, Industrial
ADDRESS 3595 E. Patrick Ln., Ste 900, 89120
TENANT Pacific Parts Warehouse
LANDLORD KTR LVIV LLC
DETAILS 8,642 SF; $310,636 for 63 months
TENANT’S REP James Griffis of MDL Group
LANDLORD’S REP Spencer Pinter of Colliers International

SW

Sale, Industrial
ADDRESS 5840 La Costa Canyon Ct., 89139
BUYER Atinos, LLC
SELLER Southern Hills Baptist Church of Las Vegas
DETAILS 7,785 SF; $769,497
APN 176-13-411-009
BUYER’S REP Gary Burgher of Pro Commercial Real Estate
SELLER’S REP Robert Hatrak of Virtus Commercial

Lease, Office
ADDRESS 8352 W. Warm Springs Rd., Ste 300, 89113
TENANT The Docs, LLC
LANDLORD Capovilla Management, LLC
DETAILS 13,370 SF; $2,480,808 for 10 years
TENANT’S REP Sandy Fink, CCIM of Sandra L. Fink & Associates
LANDLORD’S REP Lisa Hauger and Tim Behrendt of Sun Commercial Real Estate, Inc.

Lease, Retail
ADDRESS 8060 Blue Diamond Rd., Ste 110-130, 89113
TENANT Just Jill, LLC
LANDLORD Sunstone Diamond, LLC
DETAILS 3,408 SF; $331,258 for 66 months
TENANT’S REP Alexia Crowley of Avison Young
LANDLORD’S REP Nelson Tressler and Michael Zobrist of Newmark Grubb Knight Frank
Loan, Office
ADDRESS 3400 W. Desert Inn, 89102
BORROWER Equus Business Center
DETAILS $17,500,00 refinancing with a locked 10-year fixed term with an interest only period, followed by a 30-year amortization schedule.
BORROWER’S REP David Blum of NorthMarq Capital

WC

Sale, Office
ADDRESS 877 Tahoe Blvd., 89451
BUYER NLI Property LLC
SELLER Boulevard Investment Group LLC
DETAILS 2,680 SF; $795,000
APN 132-240-04

Sale, Industrial
ADDRESS 1690 Industrial Way, 89431
BUYER Dean Lauren Grae Holdings LLC
SELLER Carlsen Investments LLC
DETAILS 5,000 SF; $2,500,000
APN 034-112-06

Sale, Industrial
ADDRESS 3200 USA Parkway, 89434
BUYER CBRE Investments
SELLER US RIO LP
DETAILS 707,010 SF; $41,750,000
APN 005-071-06
SELLER’S REP Michael Nevis,
CCIM of NAI Alliance

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

Related

Filed Under: ReD Report Tagged With: Albright Callister, Avison Young, Boulevard Investment Group, Capovilla Management, Carlsen Investments, CBRE Investments, Civic Center Properties LLC, David Blum, Dean Lauren Grae Holdings, Encore Commercial Inc., Equus Business Center, Eric Berggren, Galit Kimerling, Galleria Pavilion LLC, Gary Burgher, Henderson business, Henderson commercial real estate, Henderson real estate, Inc., Jack Holler Commercial Real Estate, Jarrad Katz, Just Jill, Keith Pickford, Kendall Thacker, Las Vegas business, Las Vegas commercial real estate, Las Vegas Motorsports Inc., Las Vegas real estate, Lisa Hauger, MDL Group, Mendicino Commercial Realty Inc., Michael Nevis, Michael Zobrist, NAI Alliance, Nelson Tressler, Nevada business, Nevada real estate, Newmark Grubb Knight Frank, No Sweat Mechanical LLC, Northmarq Capital, Paul Callister, PHD Properties, Pro Commercial Real estate, Reno business, Reno commercial real estate, Reno real estate, Ron Mendicino, Sandra L. Fink & Associates, Sandy Fink, Southern Hills Baptist Church of Las Vegas, Sun Commercial Real Estate, Sunstone Diamond, Tim Behrendt, Trans Inc., Wellness Connection of Nevada LLC

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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