Monthly Archives: April 2014

Fast Signs Inks $195,840 Retail Lease

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Fast Signs signed a 63-month $195,840 lease for 2,400 square feet of retail space inside Charleston Village at 6431 W. Charleston Blvd. in Las Vegas. Prudential Americana Group’s Victor Donavan represented the lessee; Voit Real Estate Services’ Robin Civish and Lauren Tabeek represented the lessor, Andrea and Susan Russo. The reported average rent equals $1.30 per square foot.

Sin City Wheels Signs 5-Year NLV Lease

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Sin City Wheels signed a 5-year $171,000 lease for 8,426 square feet of industrial space inside Cheyenne West Corporate Center, on 4 acres, at 3040 Simmons St., Suite 100, in North Las Vegas. Birtcher Anderson Realty Management’s David Afromsky represented lessor, Olymbec USA; ENCORE Realty’s Ken Kabadian represented the lessee. The reported average rent equals… Read more »

Office Depot Signs $3.1 Million NLV Lease

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Office Depot signed a 15-year $3,143,448 lease for 21,600 square feet of retail space inside the 14-year-old Red Rock Shopping Center at 1435 W. Craig Road in North Las Vegas. Birtcher Anderson Realty Management’s David Afromsky represented lessor, BGM Red Rock. The reported average rent equals 81 cents per square foot.

Coronado Condo Pads Sold for $2 Million

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Coronado FSB LLC bought 47 condominium pads totaling 1.69 acres at Mission Gardens Lane and Paseo Flower Court in Las Vegas for $2 million, or $42,553-per-pad, from HFT Properties LLC. Avison Young’s Aaron Goldberg represented seller; Las Vegas Investments & Realty’s Levi Parker represented the buyer.

RT Draperies Signs $161,280 Lease

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RT Draperies signed a 3-year, $161,280 lease for 12,800 square feet of industrial space inside the 9-year-old Topaz Industrial Center, on 1.13 acres, at 6012 Topaz Street in Las Vegas. Lee & Associates’ Shawn Barashy represented the lessor, Interpacific Management Group LLC. The reported average rent equals 35 cents per square foot.

Burke Finishes Seven Hills Behavorial Institute Upgrade

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Burke Construction Group recently completed a $4 million expansion of Seven Hills Behavioral Institute at 3021 Horizon Ridge Parkway in Henderson. The project, designed by Stengel Hill Architecture, added 36 new inpatient psychiatric beds with two nursing stations, while renovating the dining area.

Mattress Firm Signs $1.7 Million Lease

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Mattress Firm signed a 15-year $1,737,750 lease for 3,500 square feet of retail space inside Sunset Plaza at 1152 W. Sunset Road in Henderson. Newmark Grubb Knight Frank’s Nelson Tressler and Michael Zobrist represented the lessor, Sun Life Financial. The reported average rent equals $2.76 per square foot.

Metro PCS Signs 3-Year Henderson Lease

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Metro PCS signed a 3-year $95,515 lease for 1,320 square feet of retail space inside Sunset Plaza at 1016 W. Sunset Road in Las Vegas. Newmark Grubb Knight Frank’s Nelson Tressler and Michael Zobrist represented the lessor, Sun Life Financial. The reported average rent equals $2.01 per square foot.

Divine Threading Joins Village Square at Peccole Ranch

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Divine Threading signed a 65-month $150,900 lease for 1,200 square feet of retail space inside Village Square at Peccole Ranch at 9340 W. Sahara Avenue, Suite 135, in Las Vegas. ROI Commercial Jennifer Ott represented the lessee; Avison Young’s Jacqueline Young and Liz Clare represented the lessor, 9440 West Sahara Holding LLC. The reported average… Read more »

Mandalay Bay Plans $66M Convention Center Addition

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The 15-year-old 3,309-room Mandalay Bay Resort and Casino today announced a $66 million addition to its convention center. The 43-story tri-wing hotel-casino at 3950 S. Las Vegas Boulevard is adding 350,000 square feet of exhibit space, giving it a total of 2 million square feet or the equivalent of 35 football fields. Mandalay Bay will… Read more »