CHawk Expects to Create 120 New Jobs with New Facility Hayward, Calif. — Dermody Properties, a national real estate investment, development and management company, specializing in acquisitions and development of logistics real estate, recently leased the remaining 99,830 square feet of its Huntwood Industrial Center in Hayward, Calif. The new tenant, CHawk Technology … [Read more...] about Dermody Properties Leases 99,830 Square Feet in Bay Area to CHawk Technology
Las Vegas real estate
Red Report: November 2017
E Sale, Retail ADDRESS 1711 S. Main St. and 1736 & 1800 S. Las Vegas Blvd., 89104 BUYER 1700 Vegas, LLC SELLER Bali Family Trust, et al. DETAILS 28,560 SF; $6,350,000 APN 162-03-302-001 – 162-03-302-003 SELLER’S REP Paul Chaffee, CCIM, and Wil Chaffee, CCIM, SIOR of Sun Commercial Real Estate Sale, Multi-Family ADDRESS 5300 E. Craig Rd., 89115 BUYER IAVF … [Read more...] about Red Report: November 2017
Industrial Summary: Third Quarter 2017
Southern Nevada The Las Vegas Valley’s overall industrial vacancy rate in Q3, 2017 was 5.5 percent, down 0.5 percentage points from the second quarter. Vacancies were down all product types except for light industrial. The quarter also saw a large amount of completions. The Valley’s industrial market remains healthy and continues to grow. Q3, 2017 saw 2.3 million square … [Read more...] about Industrial Summary: Third Quarter 2017
Commercial Real Estate Market Seeing More Construction, Lower Vacancy Rates
LAS VEGAS – A report released by Xceligent in partnership with the Commercial Alliance Las Vegas (CALV) paints a mostly positive picture of the commercial real estate market in Southern Nevada, with most sectors continuing to gain ground through the third quarter of 2017. “For the most part, the local commercial real estate market continues to get better each quarter,” said … [Read more...] about Commercial Real Estate Market Seeing More Construction, Lower Vacancy Rates
RSAR Releases 2017 Third Quarter/September Existing Home Sales Report
RENO – The Reno/Sparks Association of REALTORS (RSAR) released its 2017 third quarter and September 2017 report on existing home sales in Washoe County, including median sales price and number of home sales in the region. RSAR obtains its information from the Northern Nevada Regional Multiple Listing Service (www.nnrmls.com) and includes sales of bank-owned (foreclosure) … [Read more...] about RSAR Releases 2017 Third Quarter/September Existing Home Sales Report
Local Home Prices Keep Climbing, While Sales Stabilize in September
GLVAR Housing Statistics for September 2017 LAS VEGAS – The Greater Las Vegas Association of REALTORS (GLVAR) reported that local home prices continued to rise while home sales stabilized in September. GLVAR reported that the median price of existing single-family homes sold during September through its Multiple Listing Service (MLS) was $265,000, up 13.5 percent from … [Read more...] about Local Home Prices Keep Climbing, While Sales Stabilize in September
Red Report: October 2017
E Sale, Office ADDRESS 1750 E. Sahara Ave., 89104 BUYER Laborers International Union North America, Local 872 (LIUNA, Inc.) SELLER Greater Las Vegas Association of Realtors (GLVAR) DETAILS 25,952 SF; $2,750,000 APN 162-02-812-001 BUYER’S REP Peter Guzman SELLER’S REP David Scherer and Michael Hsu of Newmark Knight Frank Lease, Industrial ADDRESS 2930 Marco St., … [Read more...] about Red Report: October 2017
Local Home Sales Keep Increasing While Prices Level Off in August
GLVAR Housing Statistics for August 2017 LAS VEGAS – The Greater Las Vegas Association of REALTORS® (GLVAR) reported today that local home sales continued to rise while home prices started to level off in August. GLVAR reported that the median price of existing single-family homes sold during August through its Multiple Listing Service (MLS) was $260,000, unchanged from … [Read more...] about Local Home Sales Keep Increasing While Prices Level Off in August
From Vision to Reality: A Look at Entitlements in Nevada
When developers set out to make a commercial real estate vision a reality, they first must get their prospective project plans approved by the jurisdictional agency in which the land falls, the city or county. This is called the entitlement process. Next is the procedure to obtain a building permit followed by construction and final approvals. All of these steps constitute the … [Read more...] about From Vision to Reality: A Look at Entitlements in Nevada
Red Report: September 2017
E Sale, Multi-Family ADDRESS 1011 N. 4th St., 89101 BUYER 1011 North 4th Street Casa Vista, LLC SELLER Casa Vista, LLC DETAILS 23 units; $52,174 per unit APN 139-27-603-003 SELLER’S REP Devin Lee, CCIM and Jerad Roberts of Northcap Multifamily Sale, Land ADDRESS 3919 E. Cheyenne Ave., 89115 BUYER 3919 Cheyenne, LLC SELLER Professional Investors DETAILS 4.9 acres; … [Read more...] about Red Report: September 2017
Office Summary: Second Quarter 2017
Southern Nevada Las Vegas Valley’s office vacancy rate in Q2 2017 declined by 1.1 points to 19.2 percent from Q1 2017. Compared to Q2 2016, the office vacancy rate was down 1 point, from 20.2 percent. Vacancy rates ranged from 15.7 percent for Class C space to a high of 23.3 percent for Class A space in Q2. Las Vegas Valley’s office vacancy rate in Q2 2017 declined by 1.1 … [Read more...] about Office Summary: Second Quarter 2017
GLVAR Announces Sale of its Longtime Headquarters Building
LAS VEGAS – The Officers and Directors of the Greater Las Vegas Association of REALTORS (GLVAR) are pleased to announce the sale of its longtime home at 1750 East Sahara Avenue to Laborers’ International Union North America, Local 872 (LIUNA, Inc.) for $2,750,000. There will be no disruption in services to GLVAR’s 14,000-plus members as the purchase agreement contains a … [Read more...] about GLVAR Announces Sale of its Longtime Headquarters Building
Dermody Properties Completes 546,480 SF Logistics Facility in Las Vegas
LAS VEGAS – Dermody Properties, a national real estate investment, development and management company specializing in acquisitions and development of logistics real estate, recently completed LogistiCenter(SM) at Las Vegas Boulevard, a 546,480-square-foot facility in the North Las Vegas submarket. Coming off its largest quarterly expansion of industrial inventory since the … [Read more...] about Dermody Properties Completes 546,480 SF Logistics Facility in Las Vegas
Dickson Commercial Group Completes Lease Negotiations on Behalf of Nexus Brands Group on a Flex Building in Sparks
Sparks – Dickson Commercial Group is pleased to announce the successful lease transaction at 1020 S. Rock Blvd, Suite D, Sparks NV. Sheila Colfer, CCIM, and Fred Miller, SIOR, of Dickson Commercial Group (DCG) represented the tenant, Nexus Brands Group, who will operate light manufacturing of electronic components at the site. Nexus Brands leased 4,490 square feet in the … [Read more...] about Dickson Commercial Group Completes Lease Negotiations on Behalf of Nexus Brands Group on a Flex Building in Sparks
NAIOP Southern Nevada Presents “The Evolution of Retail”
NAIOP Southern Nevada presents “The Evolution of Retail.” The breakfast meeting is sponsored by Cox Business and features a panel of local experts. NAIOP Southern Nevada is also hosting a Back-to-School Supplies Drive to collect school supplies and monetary donations for Howard H. Hollingsworth Elementary School. Items requested include wide-ruled spiral notebooks, glue … [Read more...] about NAIOP Southern Nevada Presents “The Evolution of Retail”