Monthly Archives: March 2013

Copper Sage Industrial Building Sold for $840,000

.

Nikkiso America Inc. bought a 9-year-old 12,000-square-foot industrial building, on 1.03 acres, at 4705 Copper Sage Road in Las Vegas for $839,888, or $70-per-square-foot, from the Dean R. and Penny S. Brunner 1985 Trust. McKinney Brokerage’s Mike Nicholls represented the buyer; Colliers International’s Mike DeLew and Greg Pancirov represented the seller.

Northshore Plaza Signs 5-Year Retail Lease

.

Kumon Math and Reading signed a 5-year $144,000 lease for 1,500 square feet of retail space inside Northshore Plaza at 8300 W. Cheyenne Ave., Suite 104, in Las Vegas. Colliers International’s David Grant represented the lessee. The reported average rent equals $1.60 per square foot.

CART America Signs $114,287 NLV Lease

.

CART America signed a 5-year $114,287 lease for 5,937 square feet of industrial space inside the 21-year-old Nellis Industrial Park, on 0.14 acres, at 4516 Mitchell St. in North Las Vegas. Colliers International’s Dan Doherty, Chris Lane and Jerry Doty represented the lessor, PAR Industrial LLC. The reported average rent equals 32 cents per square… Read more »

RMI Management Joins Sansone Office Park

.

RMI Management LLC signed a 3-year $86,885 lease for 1,918 square feet of office space inside Sansone Office park at 8915 S. Pecos Road, Suite 17-A, in Henderson. Colliers International’s Mike DeLew and Greg Pancirov represented the lessee. The reported average rent equals $1.26-per-square-foot.

Global Plaza West Signs 5-Year Retail Lease

.

Scoops III signed a 5-year $63,224 lease for 1,000 square feet of retail space inside Global Plaza West at 3655 S. Durango Dr., Suite 19, in Las Vegas. Colliers International’s Chris Connell represented the lessor, Christopher LoBello, acting as receiver for Global West Property LLC. The reported average rent equals $1.05 per square foot triple… Read more »

Spanish Vista Professional Center Signs Lease

.

21 Gaming Supply Ltd. signed a 1-year $14,697 lease for 1,065 square feet of office space inside the 14-year-old Spanish Vista Professional Center, on 4 acres, at 4955 S. Durango Drive, Suite 222, in Las Vegas. Colliers International’s Chris Connell represented the lessor, WJV Properties LLC and Gold Pac Capital LLC. The reported average rent… Read more »

Robert Half International Joins Hughes Center

.

Robert Half International signed a 66-month lease for 5,465 square feet of Class-A office space inside the 68-acre Hughes Center at 3993 Howard Hughes Parkway in Las Vegas. Colliers International’s Tom Stilley, Lizz Stilley, Ryan Martin and Patti Dillon represented the lessor, Crescent Real Estate Equities.

Tenaya Village Signs 39-Month Retail Lease

.

Greg Jasper signed a 39-month, $73,463 lease for 1,313 square feet of retail space inside the 8-year-old, 50,000-square-foot Tenaya Village at 7220 W. Azure Dr. in Las Vegas. Virtus Commercial’s Rob Hatrak represented the lessee and lessor, Tenaya Vegas LP. The reported average rent equals $1.43 per square foot.

Traverse Point Center Building Sold for $578,200

.

Landmark Ventures LLC bought a 9-year-old, 6,064-square-foot flex-industrial building, on 0.34 acres, inside Traverse Point Commerce Center at 1172 Wigwam Parkway in Henderson for $578,200, or $95-per-square-foot, from Calmelat Family Trust. Gatski Commercial’s Nick Barber and Jeremy Foley represented the seller; Cushman & Wakefield-Commerce’s Dan Hubbard represented the buyer.

GLVAR Names David Sanders General Counsel

.

Greater Las Vegas Association of Realtors (GLVAR) named David B. Sanders general counsel. He previously worked as a real estate attorney at the Christensen Law Firm, the Hopp Law Firm, Cooper Castle Law Firm and Harris Merritt Chapman, all in Southern Nevada. Sanders was also managing partner of his own local law firm, Fischer Sanders,… Read more »