Monthly Archives: February 2013

Atherton Construction Signs 26-Month Lease

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Atherton Construction LLC signed a 26-month, $61,239 lease for 2,511 square feet of industrial space inside the 5-year-old Gibson Wigwam Business Center, on 2.26 acres, at 50 N. Gibson Road, Suite 120, 125 and 115, in Henderson. Colliers International’s Greg Pancirov and Mike DeLew represented the lessor Gibson Road Trust. The reported average rent equals… Read more »

Siena Town Center Signs 3-Year Lease

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Marienate LLC signed a 3-year, $47,160 square feet of 1,200 retail space inside the 8-year-old Siena Town Center, on 12.88 acres, at 10080 W. Tropicana Ave., Suite 163, in Las Vegas. Sansone Realty Services’ Ashley DeBusk represented the lessee; Colliers International’s Chris Connell represented the lessor, Siena Town Center LLC. The reported average rent equals… Read more »

Sterling Business Park Extends Tenant Lease

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Michael Hope Consulting signed a 2-year, $47,355 lease extension  for 3,240 square feet of industrial space inside the 15-year-old Sterling Business Park at 5329 Cameron Ave., Suite 107-108, in Las Vegas. Colliers International’s Brian Riffel represented the lessor, Cameron 2 LLC. The reported average rent equals 61 cents per square foot triple net.

Gatski Commercial Holds Broker Open House

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Gatski Commercial Real Estate Services is holding a broker open house for the 273,301-square-foot Bigfoot Business Park, on 14.58 acres, at 6325-6375 S. Pecos Road in Las Vegas. The event, showcasing the 7-building office-industrial complex, will feature broker incentives, prizes and lunch. The event is open to brokers by invitation only with RSVPs due on… Read more »

Jet Coatings Pays $225,000 For Industrial Building

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Jet Coatings Inc. bought a 5,000-square-foot industrial building at 2810 Marco Street in Las Vegas for $225,000, or $45-per-square-foot, from Liquidity Investment Group Inc. Lee & Associates’ Chris Lexis and Joe Levitt represented the seller; Griffis Realty Investments’ Joe Griffis represented the buyer.

SIOR Lunch Highlights Panattoni Projects

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Panattoni Development Company will discuss the South 15 Project and Shuffle Master Headquarters Building during the SIOR Southern Nevada’s Chapter’s monthly luncheon on Wednesday, February 13, inside Maggiano’s Little Italy at Fashion Show Mall. The event begins at noon. For more information e-mail to: katrina@amnevada.com or call (702) 798-5156.

TJ Maxx Pays $7 Million for NLV Property

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Discount retail giant TJ Maxx bought 50.04 acres of land at Interstate-15 and Smiley Road in North Las Vegas for $7,354,582, or $146,974 per acre, from TML Mendenhall. Cushman & Wakefield-Commerce Real Estate Solutions’ Leo Biedermann represented the buyer.

Traverse Pointe Building Sold for $8.5 Million

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Harsch Investment Properties bought the 6-year-old, 153,585-square-foot Traverse Pointe Industrial Center, on 9.63 acres, at 880 Wigwam Parkway in Henderson for $8.5 million, or $55-per-square-foot, from Blevans Industrial Associates LLC. Colliers International’s Mike DeLew and Greg Pancirov represented the seller.

Boulder City REO Buildings Sold for $650,000

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Ted and Wendy Wanigasekera bought three block industrial buildings totaling 11,781 square feet inside Red Mountain Business Park, on 0.54 acres, at 1632, 1634 and 1636 Foothill Drive in Boulder City for $650,000, or $55-per-square-foot, from City National Bank. Colliers International’s Spencer Pinter, Dan Doherty and Chris Lane represented the seller.

Airport Industrial Park Signs $323,990 Lease

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H&H Enterprises signed a 3-year, $323,990 lease for 30,594 square feet of industrial space inside the 23-year-old Airport Industrial Park, on 4.83 acres, at 3245 E. Patrick Lane, Suite C-E, in Las Vegas. Prudential Americana Group’s Dan DeNuccio represented the lessee; Colliers International’s Dan Doherty and Chris Lane represented the lessor, PAR Industrial LLC. The… Read more »