Monthly Archives: June 2012

Padilla Construction Building Sells for $1.1 Million

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Tight Lines LLC bought the 8-year-old, 12,070-square-foot Padilla Construction Co. building, on 1.7 acres, at 4645 Copper Sage in Las Vegas for $1.1 million, or $647,059 per acre, from Ralph Padilla Living Trust. NAI Las Vegas’ Curtis Sanders represented the seller.

Henderson Multi-Family Land Sells for $3.66 Million

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Nevada West Partners II LLC bought 13.29 acres of multi-family land at 831, 841 and 851 Coronado Center Drive in Henderson for $3.655 million, or $275,019 per acre, from Vescor Capital Entities. NAI Las Vegas’ Michael Campbell represented both the buyer and seller.

Chase Bank Signs $2.6 Million Henderson Lease

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Chase Bank signed a 20-year, $2.6 million lease for a 43,560-square-foot retail pad inside WinCo Center at the southeast corner of Stephanie Street and Wigwam Parkway in Henderson. NAI Las Vegas’ Dave Johnson and Philip Baca represented the tenant. The reported average rent equals 25 cents per square foot.

The Korte Co. Completes Affinity Gaming HQ

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The Korte Co. recently completed a $600,000 tenant improvement inside the 3-story, 98,000-square-foot Nevada Cancer Institute building at 3755 Breakthrough Way in Las Vegas. The 19,174-square-foot Class-A office space will serve as the new headquarters for Affinity Gaming. Ethos Three Architects designed the space. American Nevada Co. is the landlord.

Buffalo Square Adds New Tenant

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Crossfit 702 LLC signed a 63-month, $496,800 lease for 12,000 square feet of retail space inside the 12-year-old Buffalo Square at 7520 W. Washington Ave. in Las Vegas. Gatski Commercial’s Laramie Bracken, Joseph Anderson and Jeff Sarachman represented the landlord, Buffalo Square Master, LLC; Cushman & Wakefield-Commerce Real Estate Solutions’ Desiree Crisp represented the leasee…. Read more »

Longford Medical Center Renews Lease

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Massage Pro Summerlin signed a 5-year, $235,843 lease renewal for 2,223 square feet of medical office space inside Longford Medical Center at 7455 W. Washington Ave. in Las Vegas. Gatski Commercial’s Rob Lujan and Jason Simon represented the landlord, Longford Medical Center LLC. The reported average rent equals $1.77 per square foot.

Ruiter Construction Moves to Palms Center III

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Ruiter Construction signed a 62-month, $234,498 lease for 9,170 square feet of industrial space inside the Palms Business Center III at 3355 Palms Center Dr. in Las Vegas. Gatski Commercial’s Rob Lujan and Jason Simon represented the landlord, CVPropCo, in the transaction. The reported average rent equals 41 cents per square foot.

Delta Systems Engineering Renews Lease

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Delta Systems Engineering signed a 3-year, $208,450 lease for 6,813 square feet inside a 15-year-old Ribeiro office-warehouse complex, on 3.44 acres, at 6255 McLeod Drive, Suites 1-5, in Las Vegas. Colliers International’s Daniel Doherty and Chris Lane represented the lessee. The reported average rent equals 85 cents per square foot triple net.

NLV Industrial Building Sells for $520,000

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MCA Donovan Way LLC bought a 6-year-old 20,668-square-foot industrial building, on 1.15 acres, at 4550 Donovan Way in North Las Vegas for $520,000, or $25 per square foot, from Second Step Management Co. Colliers International’s Dan Doherty and Chris Lane represented the buyer and seller.

Paseo Verde Plaza Adds Tenant

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Spacetel Corp. signed a 3-year lease for 977 square feet of retail space inside the Paseo Verde Plaza at 55 S. Valle Verde Drive, Suite 205, in Henderson. Colliers International’s David Grant represented the lessor, Donahue Schriber Realty Group, LP.