Monthly Archives: March 2013

Hillcrest Dental Signs $104,774 Retail Lease

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Hillcrest Dental LLC signed a 5-year $104,774 lease for 1,202 square feet of retail space inside Lone Mountain Village West at 3350/3390 Novat St., Suite 145, in Las Vegas. Virtus Commercial’s Tricia MacKenzie represented both the lessee and lessor, Pogany-Mountain LLC & Emanuel-Mountain LLC. The reported average rent equals $1.45 per square foot.

San Martin Medical Center Sold for $3.95 Million

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Cimarron Courtyard I LLC bought the two-building, 43,777-square-foot San Martin Medical Center at 6910 S. Cimarron Road in Las Vegas for $3.95 million, or $90-per-square-foot, from Bank of Nevada. CB Richard Ellis’ Charles Moore and Marlene Fujita Winkel represented the seller. The sale consists of a pair of two-story garden-style office buildings and three rough… Read more »

Universal Concrete Signs 2-Year Lease

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Universal Concrete signed a 2-year, $16,436 lease for 1,339 square feet of industrial space inside The Spectrum of Las Vegas at 71 N. Pecos Road, Suite 113, in Las Vegas. NAI Las Vegas’ Tom Elkington and Jennifer Levine represented the lessor, Harsch Investment Properties. The reported average rent equals 51 cents per square foot.

Cushman & Wakefield Adds Three Ex-NAI Brokers

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The Las Vegas office of Cushman & Wakefield-Commerce recently added three new brokers from the NAI Las Vegas office, which recently made the decision to sell their franchise license and shutdown at the end of March. Cushman & Wakefield-Commerce consequently hired Sharon Beesley, Adam Collins and Curtis Sanders. Beesley joins the company as an associate… Read more »

Papa Murphy’s Pizza Signs 5-Year Lease

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Papa Murphy’s Pizza signed a 5-year, $186,030 lease for 1,325 square feet of retail space inside Blue Diamond Ranch Center at 8595 S. Decatur Blvd., Suite 100, in Las Vegas. Colliers International’s Chris Connell represented the lessee; Juliet Realty Group’s Jeb Betz and Joshua Thomas represented the lessor, Blue Diamond Plaza LLC. The reported average… Read more »

Korte Office Building Signs $238,368 Lease

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Inview Labs signed a 3-year, $238,368 lease for 5,442 square feet of office space inside the 7-year-old Korte Office Building, on 4.55 acres, at 9225 W. Flamingo Road, Suite 130, in Las Vegas. Colliers International’s Ryan Martin represented the lessee; Colliers International’s Chris Connell represented the lessor, West Flamingo Road LLC. The reported average rent… Read more »

Jude 22 Signs Downtown Las Vegas Office Lease

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Jude 22 signed a 56-month, $131,492 lease for 1,852 square feet of office space inside the 64-year-old Ninth and Bonneville Professional Building, on 0.23 acres, at 530 S Ninth St. in Las Vegas. Cushman & Wakefield-Commerce’s Carolyn Curtis represented the lessor, Ninth and Bonneville Professional Building LLC; Virtus Commercial’s Chris Emanuel represented the lessee. The… Read more »

Brandywine Signs $984,000 Henderson Office Lease

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Brandywine signed a 5-year, $984,000 lease for 14,533 square feet of office space inside the 12-year-old Augusta Park, on 7 acres, at 1489 W. Warm Springs Road, Suite 110, in Henderson. Virtus Commercial’s Michael Vesely represented the lessor, TIH Augusta Park LLC. The reported average rent equals $1.13 per square foot.

ER Embroidery Joins Spectrum of Las Vegas

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ER Embroidery signed 1-year, $14,700 lease for 1,680 square feet of industrial space inside Spectrum of Las Vegas at 3100 E. Charleston Blvd., Suite 104, in Las Vegas. NAI Las Vegas’ Tom Elkington and Jennifer Levine represented the lessor, Harsch Investment Properties. The reported average rent equals 73 cents per square foot.

Speedway Commerce Center Signs 2-Year Lease

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MSI signed a 2-year, $22,200 lease for 2,533 square feet of industrial space inside the Speedway Commerce Center at 6965 Speedway Blvd., Suite X-105, in Las Vegas. NAI Las Vegas’ Tom Elkington and Jennifer Levine represented the lessor, Harsch Investment Properties. The reported average rent equals 37 cents per square foot.