Monthly Archives: October 2013

AGC Acquisitions Signs 2-Year Lease Renewal

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AGC Acquisitions LLC signed a 2-year $42,600 lease renewal for 1,127 square feet of office space inside The Park at 3900, on 5.39 acres, at 3900 Paradise Road, Suite 110, in Las Vegas. Voit Real Estate’s Jayne Cayton represented the lessor, RREF II CGM Office LLC. The reported average rent equals $1.57-per-square-foot.

O/E Learning Signs 38-Month Lease Renewal

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O/E Learning Inc. signed a 38-month $63,609 lease renewal for 1,134 square feet of office space inside The Park at 3900, on 5.39 acres, at 3900 Paradise Road, Suite 205, in Las Vegas. Newmark Grubb Knight Frank’s Eric Berggren represented the lessee; Voit Real Estate’s Jayne Cayton represented the lessor, RREF II CGM Office LLC…. Read more »

Tuxedo Express Signs $122,040 Lease

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Tuxedo Express signed a 5-year, $122,040 lease for 1,400 square feet of retail space inside Paseo Plaza at 2600 W. Sahara Ave., Suite 103, in Las Vegas. Voit Real Estate’s Robin Civish and Lauren Brouillet represented the lessor, Sahara-Sab LLC. The reported average rent equals $1.45 per square foot.

Civic Center Building Sold for $5.5 Million

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MCA Civic Center LLC bought a 6-year-old 86,216-square-foot building, on 3.04 acres, inside Civic Center Corporate Park at 3848 to 3908 Civic Center Drive in North Las Vegas for $5.5 million, or $64-per-square-foot, from ATC Realty Once LLC. Colliers International’s Dan Doherty, Chris Lane and Jerry Doty represented the seller.

Suncrest Commerce Center Signs $609,932 Lease

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Quality Custom Distribution Services signed a 39-month $609,932 lease for 37,432 square feet of industrial space inside the 16-year-old Suncrest Commerce Center, on 7.29 acres, at 1051 Mary Crest Drive, Suites D, E and F, in Henderson. Cushman & Wakefield-Commerce’s Leo Biedermann represented the lessee; Colliers International’s Mike DeLew and Greg Pancirov represented the lessor, Rocklin… Read more »

MG Express Joins Arrowhead Commerce Center

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MG Express LLC signed a 26-month $75,256 lease for 5,761 square feet of industrial space inside KTR Capital Partners’ Arrowhead Commerce Center at 3595 E. Patrick Lane, Suite 800, in Las Vegas. Griffis Realty Investments’ Joe Griffis represented the lessee; Colliers International’s Spencer Pinter, Dan Doherty, and Chris Lane represented the lessor, KTR LV IV… Read more »

MVP REIT Pays $6.1 Million for Office Building

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MVP REIT Inc.. bought a 5-year-old 22,000-square-foot Class A office building, on 1.55 acres, inside Corporate Park at 8905 W. Post Road in Las Vegas for $6.1 million, or $277-per-square-foot, from S E Property Investments LLC. The two-story building was 91.08% leased at the time of sale. The acquisition was financed through the assumption of… Read more »

Hacienda Crossings Signs $106,273 Lease

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Infinite Teach, Inc. signed a 39-month $106,273 lease for 5,510 square feet of industrial space inside the 16-year-old Hacienda Crossings, on 4.12 acres, at 5275 Arville Ave., Suite 372, in Las Vegas. Windermere Prestige Properties’ Carlos Pujadas represented the lessee; Avison Young’s Joe Leavitt and Chris Lexis represented the lessor, Dalfen America Corp. The reported… Read more »

Berry Breeze Signs 28-Month Industrial Lease

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Berry Breeze signed a 28-month $51,598 lease for 4,400 square feet of industrial space inside the 16-year-old Hacienda Crossings, on 4.12 acres, at 5275 Arville Ave., Suite 308, in Las Vegas. Avison Young Joe Leavitt and Chris Lexis represented the lessor, Dalfen America Corp. The reported average rent equals 42 cents per square foot.

Vasian Group Signs $48,851 Lease

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Vasian Group signed a 26-month $48,851 lease for 5,510 square feet of industrial space inside the 16-year-old Hacienda Crossings, on 4.12 acres, at 5275 Arville Ave., Suite 112, in Las Vegas. 048 Realty’s Mark Bowman represented the lessee; Avison Young’s Joe Leavitt and Chris Lexis represented the lessor, Dalfen America Corp. The reported average rent… Read more »