Southern Nevada The Las Vegas office sector reported positive net absorption for three consecutive quarters in 2014. By the end of the year, the office market vacancy rate was 23.6 percent. The latest vacancy rate is up 0.2 percentage points from the prior quarter, but it has declined 0.7 percentage points from a year ago. During the fourth quarter of 2014, One Summerlin … [Read more...] about Office Summary: Fourth Quarter 2014
Las Vegas commercial real estate
CALV, Xceligent Report Shows Improving Commercial Real Estate Market
LAS VEGAS – A report released by Xceligent and the Commercial Alliance Las Vegas (CALV) shows continued improvement in the commercial real estate market in Southern Nevada, though some parts of the market are recovering from the Great Recession faster than others. “This report from CALV and Xceligent shows that most sectors of our market are faring better than in past … [Read more...] about CALV, Xceligent Report Shows Improving Commercial Real Estate Market
It’s New Home Season: Local Home Builders Collaborate on First-Ever Campaign to Promote New Home Sales
For the first time in Las Vegas, home builders are joining forces for a citywide sales event to promote the benefits of buying a new home. Called “It’s New Home Season,” the multimedia campaign highlights 56 new home communities with more than 200 model homes by 17 participating builders, particularly during the Feb. 21-22 and Feb. 28-Mar. 1 weekends when many people are … [Read more...] about It’s New Home Season: Local Home Builders Collaborate on First-Ever Campaign to Promote New Home Sales
Elaine Elliott Named Senior Associate for Colliers International – Las Vegas
LAS VEGAS – Mike Mixer, executive managing director of Colliers International – Las Vegas, announced that the company has hired Elaine Elliott as a senior associate. As a senior associate, Elliott will be working with senior vice president Dean Willmore, SIOR in the Industrial Division. In her role, Elliott will be managing the day-to-day operations for Willmore and will … [Read more...] about Elaine Elliott Named Senior Associate for Colliers International – Las Vegas
Colliers Finalizes Lease to Chipotle Mexican Grill Inc.
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Chipotle Mexican Grill Inc. The approximately 2,210-square-foot retail property is located on the southwest corner of Blue Diamond Road and Valley View Blvd. in Las Vegas. David A. Grant of Colliers International represented the lessee. About Colliers International Colliers … [Read more...] about Colliers Finalizes Lease to Chipotle Mexican Grill Inc.
Craig and Simmons Retail LLC, Colliers Finalize Lease of Retail Property
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Sukar and Sons of Nevada Inc. The approximately 1,313-square-foot retail property is located at 2777 W. Craig Road, Suite 102 in North Las Vegas. David A. Grant of Colliers International represented the lessor, Craig and Simmons Retail LLC. About Colliers International Colliers … [Read more...] about Craig and Simmons Retail LLC, Colliers Finalize Lease of Retail Property
Colliers Finalizes Lease to RKB Cabinetry
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to RKB Cabinetry. The approximately 3,435-square-foot office property is located at 4955 S. Durango Drive, Suites 217 and 218 in Las Vegas. The transaction value was $103,050. Chris Connell of Colliers International represented the lessor, WJA Properties LLC and Gold Paac Capital. About … [Read more...] about Colliers Finalizes Lease to RKB Cabinetry
Colliers Finalizes Lease to Updike Distribution Logistics
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease extension to Updike Distribution Logistics. The approximately 55,125-square-foot industrial property is located at 3030 N. Lamb Blvd., Suites 103 and 104 in Las Vegas. The transaction amount was $725,832. Dean Willmore, SIOR of Colliers International represented both the tenant and the lessor, … [Read more...] about Colliers Finalizes Lease to Updike Distribution Logistics
Colliers Finalizes 13.46-Acre Sale to Prologis LP
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a sale to Prologis LP. The approximately 13.46-acre land property is located one the corner of Wigwam Parkway and Business Center Drive in Henderson, Nevada. The transaction value was $3,405,695. Dan Doherty, SIOR, Susan Borst, CCIM, Chris Lane and Jerry Doty of Colliers International represented the … [Read more...] about Colliers Finalizes 13.46-Acre Sale to Prologis LP
Inaugural Restaurant CEO Summit Focuses on Real Estate Strategies
Exclusive, Invite-Only Conference Set for February 26-27 in Las Vegas SAN DIEGO – CEOs of restaurant brands oversee teams which make crucial real estate decisions, impacting the success of their concepts. From site selection to lease negotiations to overall real estate tactics, QSR, fast casual and full-service restaurant executives constantly seek effective strategies to … [Read more...] about Inaugural Restaurant CEO Summit Focuses on Real Estate Strategies
Wynn Road East LLC, Colliers Finalize Lease to Wood Repair Products Inc.
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Wood Repair Products Inc. The approximately 5,971-square-foot industrial property is located at 5470 Wynn Road, Suite 300 in Las Vegas. Spencer Pinter of Colliers International represented the lessor, Wynn Road East LLC. About Colliers International Colliers International is a global … [Read more...] about Wynn Road East LLC, Colliers Finalize Lease to Wood Repair Products Inc.
LGC 231 LLC, Colliers Finalize Lease to Southern Image Productions Inc.
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Southern Image Productions Inc. The approximately 351-square-foot office property is located at 241 W. Charleston Blvd. in Las Vegas. The transaction amount was $8,400. Rebecca Staniec of Colliers International represented the lessor, LGC 231 LLC. About Colliers International Colliers … [Read more...] about LGC 231 LLC, Colliers Finalize Lease to Southern Image Productions Inc.
Springs Mountain Developers LLC, Colliers Finalize Lease to Legacy Air Inc.
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Legacy Air Inc. The approximately 3,225-square-foot industrial property is located at 5670 Wynn Road, Suite B in Las Vegas. Spencer Pinter of Colliers International represented the lessor, Springs Mountain Developers LLC. About Colliers International Colliers International is a global … [Read more...] about Springs Mountain Developers LLC, Colliers Finalize Lease to Legacy Air Inc.
BRE/PAC Nevada, Colliers Finalize Lease to Cole Kepro International
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease expansion with Cole Kepro International. The approximately 23,307-square-foot industrial property is located at 4171 Distribution Circle in North Las Vegas. Dan Doherty, SIOR, Susan Borst, CCIM, Chris Lane, and Jerry Doty of Colliers International represented the lessor, BRE/PAC … [Read more...] about BRE/PAC Nevada, Colliers Finalize Lease to Cole Kepro International
Centra Pecos Legacy LLC, Colliers Finalize Lease of Retail Property
LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Eye Level Learning Center. The approximately 1,400-square-foot retail property is located at 2562 Wigwam Parkway in Henderson, Nevada. Scot Marker of Colliers International represented the lessor, Centra Pecos Legacy LLC. About Colliers International Colliers International is a global … [Read more...] about Centra Pecos Legacy LLC, Colliers Finalize Lease of Retail Property