New gaming win numbers released this morning show a May increase of 8% over May 2013. The Strip was up more than 17%, offsetting decreases everywhere else in Clark County (double digits in North Las Vegas). Washoe County saw a small 1.5% gain, while South Lake Tahoe was up about 18%. For the last 12… Read more »
Monthly Archives: June 2014
Yojies Japanese Fondu signed a 10-year $397,845 lease for 1,575 square feet of retail space inside Village Square at Peccole Ranch at 9340 W. Sahara Avenue, Suite 175, in Las Vegas. The Russell Group’s Donald Wong represented the lessee; Avison Young’s Jackie Young and Liz Clare represented the lessor, 9440 West Sahara Holding LLC. The… Read more »
Bullion Enterprises LLC bought the 58-year-old 14,870-square-foot Pacific Center, on 0.30 acres, at 10 W. Pacific Avenue in Henderson for $850,000, or $57-per-square-foot, from the Florence and William Chang Living Trusts. McMenemy Investment Services’ Ron McMenemy represented the buyer.
The Dalacas1995 Trust bought an 8-year-old 8,503-square-foot office building inside Palm Court Business Park at 6811 S. Eastern Avenue in Las Vegas for $1.2 million, or $141-per-square-foot, from Edgemere Capital Inc. McMenemy Investments’ Ron McMenemy represented the buyer; MDL Group’s Jarrad Katz and Galit Kimerling represented the seller.
K Rental Properties LLC bought a 2,500-square-foot office condo, on 0.27 acres, inside the 7-year-old Stone Canyon Professional Park at 7219 W. Sahara Avenue, Suite 130, in Las Vegas for $375,000, or $150-per-square-foot, from California Bank and Trust. Commercial Executives’ Soozi Jones Walker and Bobbi Miracle represented the buyer.
R. Reshard LLC bought the 14-year-old 2,925-square-foot Alpha Services office building, on 0.47 acres, at 6882 Edna Avenue in Las Vegas for $424,125, or $145-per-square-foot, from The Miller Family Revocable Trust. Commercial Executives’ Soozi Jones Walker and Bobbi Miracle represented the seller.
6145 Decatur ABL-JL 2 LLC bought the 5,800-square-foot ABL Auto & Truck Brokerage building, on 0.54 acres, at 6145 S. Decatur Blvd. in Las Vegas for $825,000, or $142-per-square-foot, from Auto Brokers Holding Co. McMenemy Investment Services’ Ron McMenemy represented the seller.
M&W Enterprises LLC bought a 17-year-old 4,700-square-foot office building, on 0.46 acres, at 3360 E. Russell Road in Las Vegas for $390,000, or $83-per-square-foot, from JAM Properties International LLC. McMenemy Investment Services’ Ron McMenemy and Frank Consiglio Jr. represented the buyer.
Joey Bag-A-Donuts signed a 5-year $122,000 lease for 2,100 square feet of retail space inside Lone Mountain Plaza at 4810 Lone Mountain Road in Las Vegas. McMenemy Investment Services’ Chris Mazzone represented the lessor, Burns Family LLC. The reported average rent equals 97 cents per square foot.
Home Innovations LLC signed a 39.5-month, $68,461 lease for 3,212 square feet of industrial space inside Whitney Mesa Business Park II at 1850 Whitney Mesa Drive, Suite 120, in Henderson. Albright Callister & Associates’ Bryan Houser represented the lessee; Voit Real Estate’s Jennifer Levine represented the lessor, Whitney Mesa Industrial LLC. The reported average rent… Read more »