Monthly Archives: August 2012

Henderson REO Office Sells for $600,000

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All About You Counseling bought an 8-year-old, 6,298-square-foot medical office space at 2904 W Horizon Ridge Parkway in Henderson for $600,000, or $95 per square foot, from Nevada State Bank. NAI Las Vegas’ Jarrad Katz represented the buyer.

Decatur Bell Commerce Center Adds Tenant

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Protection One Alarm Monitoring signed a 65-month $180,658 lease for 4,254 square feet of industrial space inside the 14-year-old Decatur Bell Commerce Center at 5030 S. Decatur Blvd., Suites A-B, in Las Vegas. NAI Las Vegas’ Tom Elkington represented both the tenant and landlord, Lag B’Omer Realty DBA Compliant LP. The reported average rent equals… Read more »

Dollar Tree Joins Rainbow Promenade Center

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Dollar Tree Stores signed a 5-year $565,500 lease for 13,000 square feet of retail space inside Rainbow Promenade Shopping Center at 2091 N. Rainbow Blvd. in Las Vegas. Sage Commercial Advisors’ Lisa Callahan represented the lessee; Colliers International’s Scot Marker represented the lessor, Kimco Realty Corp. The reported average rent equals 73 cents per square… Read more »

Highland Industrial Park Signs 5-Year Lease

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Earth Limousines signed a 5-year $354,279 lease for 14,400 square feet of industrial space inside the 34-year-old Highland Industrial Park, on 18.6 acres, at 2901 S. Highland Drive, Ste. 6 A-H, in Las Vegas. Colliers International’s Chris Connell represented the lessee; Nevada Development & Realty Co.’s Tedd Rosenstein represented the lessor, Highland Industrial Park Partnership…. Read more »

Silverado Ranch Village Center Adds Tenant

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Kumon Learning Center signed a 5-year $93,000 lease for 1,200 square feet of retail space inside the 5-year-old Silverado Ranch Village Shopping Center, on 4.97 acres, at 467 E. Silverado Ranch Blvd., Ste. 145, in Las Vegas. Colliers International’s David Grant represented the lessee; Newmark Grubb Knight Frank’s Michael Zobrist represented the lessor, Empress Group,… Read more »

William Palmer Law Moves to Charleston Tower

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William Palmer Law Group signed a 2-year $58,995 lease for 1,725 square feet of office space inside the 39-year-old Charleston Tower, on 2.48 acres, at 1701 West Charleston Blvd., Suite 670, in Las Vegas. Colliers International’s Chris Connell and Andrew Kilduff represented the lessor, Charleston Holdings, LLC. The reported average rent equals $1.43 per square… Read more »

Ricor Shocks Renews Henderson Lease

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Ricor Shocks LLC signed 3-year $73,728 lease for 3,369 square feet of industrial space -old inside the 5-year Valley Freeway Centre, Phase III, on 10.4 acres, at 7715 Commercial Way, Suite 110, in Henderson. Colliers International’s Greg Pancirov and Mike De Lew represented the lessor, VFC III, LLC. The reported average rent equals 61 cents… Read more »

International Resorts Liquidators Extends Lease

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International Resorts Liquidators signed 1-year lease extension for 3,861 square feet of office space inside the 31-story, 3-story Flamingo Grand Plaza at 1050 E. Flamingo Road in Las Vegas. Colliers International’s Tom Stilley, Lizz Stilley, Ryan Martin, and Patti Dillon represented the lessor, FKC Flamingo, LLC.

Danoski Clutts Completes Airport Duty Free Store

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Danoski Clutts Building Group recently completed a 10,403-square-foot duty free store for The Nuance Group inside Terminal 3 at McCarran International Airport in Las Vegas. The Nuance Group won a 15-year retail concession with the Clark County Dept. of Aviation in Nov. 2010. The $3.3 million mall-style tenant improvement is the country’s largest airport duty… Read more »

Construction to Increase with Stronger Growth in 2013

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A sharp spike in demand for industrial facilities, along with sustained demand for hotels and retail projects is fueling a 4.4% rise in design and construction spending this year, up from a 2.1% projected increase in the January, reports the American Institute of Architects (AIA). The group also projects a 6.2% increase of spending in… Read more »