Monthly Archives: June 2012

Flamingo Chiropractic Signs New Office Lease

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Flamingo Chiropractic signed a 5-year, $127,200 lease for 2,931 square feet inside the 12-year-old Flamingo Pearl Professional Office Building, on 1.1 acres, at 3585 E. Flamingo Road, Ste. 202, in Las Vegas. Colliers International’s Chris Connell represented the lessor, R&G Holdings, LLC. The reported average rent equals 72 cents per square foot.

Sahara Pavilion North Adds New Tenant

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Adecco USA signed a 5-year, $116,609 lease for 1,404 square feet of office space inside the Sahara Pavilion North shopping center at 4750 W. Sahara Ave., Ste. 2, in Las Vegas. Colliers International’s Chris Connell represented the lessee; Voit Real Estate Services’ Kit Graski and George Okinaka represented the lessor, MLCFC 2006-4 Sahara Retail, LLC…. Read more »

SNHBA Names Nat Hodgson III Executive Director

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The Southern Nevada Home Builders Association has named Nathaniel W. “Nat” Hodgson III as its new executive director. He will begin July 1. Hodgson replaces Irene Porter who is retiring after more than 35 years as association executive director. Hodgson is the owner of Green Serenity Homes LLC; he has been active in the association… Read more »

Henderson REO Flex Building Sold for $352,000

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TYY Consulting bought a 5-year-old, 39,971-square-foot flex industrial building inside H Biz Center at 1887 Whitney Mesa Drive in Henderson for $352,000, or $8.80 per square foot, from City National Bank. New Growth Commercial’s Bridget Richards represented the buyer; Colliers International’s Daniel Doherty, Spencer Pinter and Chris Lane represented the seller.

Fringe Salon Signs $319,997 Lease

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Fringe Salon and Spa signed a 65-month, $319,997 lease for 5,277 square feet of retail space, on 1.11 acres, at 4005 S. El Capitan Way in Las Vegas. Sun Commercial Real Estate’s Cathy Jones and her team represented the landlord, 4005 & 4035 El Capitan Way, LLC. The reported average rent equals 93 cents per… Read more »

Taylor International Buys New Office Building

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Taylor International Corp. bought a 6-year-old, 6,804-square-foot office building, on 0.72 acres, inside The Park at Spanish Ridge at 8804 Spanish Ridge Ave. in Las Vegas for $612,360, or $90 per square foot, from CML-NV SR LLC. The Equity Group’s Chris Clifford represented the buyer; Colliers International’s Tom Stilley, Lizz Stilley, Ryan Martin, and Patti… Read more »

Wright Engineers Building Sells for $3 Million

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HJC Properties LLC bought the 10-year-old, 20,000-square-foot Wright Engineers building, on 1.98 acres, inside the Las Vegas Technology Center at 7425 Peak Drive in Las Vegas for $3,040,000, or $152 per square foot, from Smoke Ranch Fire Mesa LLC. Colliers International’s Tom Stilley, Lizz Stilley, Ryan Martin and Patti Dillon represented the buyer; CB Richard… Read more »

Terrible Herbst Store Sells for $1.78 Million

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Novat Hill bought a 3,600-square-foot Terrible Herbst gas station and retail convenience store, on 1.1 acres, inside Durango Diamond Trails at 8594 Blue Diamond Road in Las Vegas for $1,775,000, or $493 per square foot, from GB Partners LLC. Colliers International’s Berg Investment Group represented the buyer.

Gaetano’s Ristorante Renews Lease

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Gaetano’s Ristorante signed a 10-year, $1,209,072 lease renewal for 4,548 square feet inside Siena Promenade at 10271 S. Eastern Ave., Ste. 111-112, in Henderson. Colliers International’s Scot Marker represented the leasee; Laurich Properties’ Richard Gordon represented the lessor, Siena I Holdings LP. The reported average rent equals $2.22 per square foot.

Century Link Signs 5-Year Lease Extension

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Century Link signed a 5-year, $355,266 lease renewal for 2,754 square feet of retail space inside Silverado Ranch Plaza at 9771 S. Eastern Ave. in Las Vegas. Colliers International Scot Marker represented the leasee. The reported average rent equals $2.15 per square foot.