Posts Categorized: Power Broker Confidential

Post Commerce Center Adds New Tenant

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LV Concierge VSI signed a 2-year, $17,148 lease for 1,422 square feet of flex industrial office space inside Post Commerce Center at 6207 Dean Martin Dr., Suite E-4, in Las Vegas. NAI Las Vegas Jarrad Katz and Galit Kimerling-Moreau represented the lessor, Harsch Investment Properties. The reported average rent equals 50 cents per square foot.

JTM Training Group LLC Signs 3-Year Lease

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JTM Training Group LLC signed a 3-year, $55,016 lease for 4,053 square feet of industrial space inside Speedway Commerce Center at 7055 Speedway Blvd., Suite E-104, in Las Vegas. NAI Las Vegas’ Tom Elkington represented the lessor, Harsch Investment Services. The reported average rent equals 38 cents per square foot.

NAIOP Holds Downtown Las Vegas Forum

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The Southern Nevada chapter of NAIOP is holding a membership breakfast with a forum on Downtown Las Vegas. The event takes place February 28 inside The Orleans Hotel & Casino at 4500 W. Tropicana Ave. in Las Vegas. Registration starts at 7:00 a.m.; the program begins at 7:30 a.m. Panelists include: Dan Palmeri, Cushman &… Read more »

Speedway Commerce Center Signs 1-Year Lease

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Swisstrax Corp. signed a 1-year, $17,784 lease for 5,067 square feet of industrial space inside Speedway Commerce Center at 6959 Speedway Blvd., Suite W-103, in Las Vegas. NAI Las Vegas’ Tom Elkington represented the lessor, Harsch Investment Services. The reported average rent equals 29 cents per square foot.

Colliers’ Suzette LaGrange Runs for LV City Council

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Colliers International Senior Vice President Suzette LaGrange is running for Las City Council Ward 6 against Democratic incumbent Steve Ross. LaGrange is an 18-year award winning commercial real estate professional who has been involved in over 7 million square feet of office and industrial lease transactions, plus the sale of over 400 acres of land…. Read more »

Journey Communications Extends NLV Lease

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Journey Communications signed a 6-month, $11,625 lease extension for 6,250 square feet of industrial space inside Nellis Industrial Park, on 2.5 acres, at 4508 Mitchell St. in North Las Vegas. Colliers International’s Dan Doherty and Chris Lane represented the lessor, PAR Industrial LLC. The reported average rent equals 31 cents per square foot triple net.

Harsch’s Spring Mountain Center Adds Tenant

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ABC Fire Extinguisher Co. signed a 6-month $8,400 lease for 2,000 square feet of industrial space inside the Center at Spring Mountain at 3840 Schiff Drive in Las Vegas. Colliers International’s Pat Marsh and Dave Frear represented the lessor, Harsch Investment Properties. The reported average rent equals 70 cents per square feet.

CCIM: State of Southern Nevada Housing Forum

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The Southern Nevada chapter of CCIM is holding a “State of the Southern Nevada Housing Industry” forum on Wednesday, February 27, inside The Orleans Hotel & Casino Conference Center, 4500 W. Tropicana Ave. in Las Vegas. The event includes panelists: Jonathan Fore, Fore Property Co.; Jeremy Parness, Lennar Homes, and Steve Hawks, Platinum Real Estate… Read more »

Smith’s Shopping Center Sold for $10.25 Million

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Oro Sahara LLC bought the 74,069-square-foot Sahara Durango Smith’s Shopping Center, on 8.27 acres, at 8555-8597 W. Sahara Ave. in Las Vegas for $10.25 million, or $138-per-square-foot, from PC Development. Virtus Commercial’s Chris Emanuel and Jeff Mitchell represented the seller. Built in 1995, the single-story neighborhood grocery-anchored retail center was 100% occupied at the time… Read more »

American Roll Formed Products Signs 3-Year Lease

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American Roll Formed Products signed a 39-month, $524,941 lease for 39,900 square feet of space inside a 16-year-old industrial building, on 2.57 acres, at 2020 Mendenhall Drive in North Las Vegas. Colliers International’s Eric Molfetta represented the lessee; Colliers International’s Dean Willmore represented the lessor, Javse Realty Corp. The reported average rent equals 34 cents… Read more »