Monthly Archives: November 2013

Ferguson Enterprises Signs $149,472 Lease

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Ferguson Enterprises signed a 3-year $149,472 lease for 5,190 square feet of industrial space inside KTR Capital Partners’ Arrowhead Commerce Center, Building 3, at 6280 S. Pecos Road, Suite 300, in Las Vegas. Colliers International’s Spencer Pinter, Dan Doherty, and Chris Lane represented the lessor, KTR LV IV LLC. The reported average rent equals 80… Read more »

Oregon Pacific Building Products Signs $128,244 Lease

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Oregon Pacific Building Products signed a 38-month $128,244 lease for 10,795 square feet of industrial space inside 7-year-old Prologis Cheyenne Distribution Center, on 9.78 acres, at 2875 N. Lamb Blvd. in Las Vegas. Colliers International’s Brian Riffel represented the lessee; Voit Real Estate’s Kevin Higgins, Garrett Toft, and Zac Zaher represented the lessor, Prologis. The… Read more »

Gibson Business Plaza Signs 1-Year Lease

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Simon Robinson signed a 1-year $9,943 lease for 1,691 square feet of industrial space inside Gibson Business Plaza at 149 Gibson Road, Suite J, in Henderson. Colliers International’s Brian Riffel represented the lessor, CKS LLC. The reported average rent equals 49 cents per square foot.

Civic Center Plaza Sold for $13 Million

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Carmar LLC bought the 43-year-old 192,075-square-foot Civic Center Plaza, on 22 acres, at 2017-2201 Civic Center and 2100-2400 E. Lake Mead Blvd. in North Las Vegas for $12.95 million, or $67-per-square-foot, from Dahlas Antoku and Mieko Antoku Revocable Living Trust. Sun Commercial Real Estate’s Cathy Jones, Paul Miachika, Jessica Beall, and Roy Fritz represented the… Read more »

Hills Center Office Building Sold for $1.66 Million

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Debco LLC bought a 7-year-old 6,421-square-foot office building, on 0.62 acres, inside Hills Center Business Park at 1781 Village Center Circle in Las Vegas for $1.66 million, or $259-per-square-foot, from J&M Real Estate Holdings LLC. MINT Property Group’s Bill Skupa and Gino Vincent represented the buyer; Odyssey Real Estate Capital’s Dave Sundaram represented the seller.

DC Building Group Completes $2.2 Million Life Baptist Church

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DC Building Group recently completed the $2.2 million, 13,330-square-foot Life Baptist Church, on 4.4 acres, at 6316 S. Tenaya Way in Las Vegas. Designed by SH Architecture, the single-story wood-framed stucco building consists of a sanctuary, offices and classrooms.

NAIOP Breakfast: Trends in Construction

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The Southern Nevada chapter of NAIOP is holding its breakfast meeting on Thursday, November 21 inside The Orleans Hotel & Casino at 4500 W. Tropicana Ave. in Las Vegas. The event takes place from 7:00 a.m. to 9:00 a.m. The meeting topic is entitled “Trends in Construction & Tenant Improvements.” A panel discussion will include… Read more »

White Management Group Signs 38-Month Lease

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White Management Group LLC signed a 38-month $70,962 lease for 4,646 square feet of industrial space inside the 13-year-old Valley Freeway Commerce Center, on 14 acres, at 7665 Commercial Way, Suite H, in Las Vegas. Colliers International’s Mike Delew represented the lessee; MDL Group’s Jarrad Katz and Gailt Kimerling represented the lessor, Harsch Investment Properties…. Read more »

Angel Nguyen Signs $28,766 Lease

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Angel Nguyen signed a 26-month $28,766 lease for 3,972 square feet of industrial space, on 0.30 acres, at 4876 Cecile Ave. in Las Vegas. Colliers International’s Jerry Doty represented the lessor, Old English LLC. The reported average rent equals 28 cents per square foot triple net.

El Pollo Loco Signs 20-Year Ground Lease

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El Pollo Loco signed a 20-year ground lease for a 31,342-square-foot retail pad at the southwest corner of Martin Luther King and Lake Mead Boulevards in Las Vegas. Colliers International’s David Grant represented the lessee.