Sales of significance
The University of Nevada, Las Vegas Board of Regents purchased 42 acres of vacant land on Tropicana Avenue east of Koval Lane in Las Vegas for $50 million. Mike Mixer, of Colliers International, represented the seller, Redus ALK LLC.
Security Properties Inc. purchased the 296-unit Black Mountain Villas multifamily property at 540 W. Horizon Ridge Parkway in Henderson for $48.2 million. Tom Naseef, Garry Cuff and Jeff Naseef of Colliers International represented the seller, BMA Parcel 2 LLC.
KB Homes purchased 14 acres of residential land on the southwest corner of Patrick Lane and Jerry Tarkanian Way in Las Vegas for $5.81 million. Scott Gragson and Robert Torres of Colliers International represented the seller, GKT 4.
Still Motion Properties LLC purchased the 0.36-acre office/industrial property at 6442 Arville St. in Las Vegas for $1.27 million. Greg Pancirov and Mike DeLew of Colliers International represented the seller, Eric B. Benson Living Trust.
Leases of interest
Silver State Restaurant Group dba Corner Bakery leased 3,400 square feet of retail space in Galleria Commons at 570 N. Stephanie St. in Henderson for $1.365 million. Jeff Mitchell and Andrew Fehrman of Virtus Commercial represented Corner Bakery in the 120-month deal. Brian Baker of Brixmor Property Group represented the landlord, Brixmor GA Galleria LLC.
Lawyer’s Title of Nevada Inc. leased 3,967 square feet of office space in the Green Valley Corporate Center at 1401 N. Green Valley Parkway, Suite 100, in Henderson for $492,835. The lease was for 60 months, FSG. Jason Brooks and Marc Magliarditi of Logic Commercial Real Estate represented Lawyer’s Title and the landlord, Brentwood Green Valley 2 LLC, was represented internally by James Wilmon.
Massage Trilogy 1 LLC leased 4,623 square feet of retail space in the Beltway Marketplace at 9230 S. Eastern Ave. in Las Vegas for $397,615. Adam Malan and Deana Morcello of Logic Commercial Real Estate represented Massage Trilogy in the 63-month NNN lease while John Murillo of Logic Commercial Real Estate represented the landlord, Beltway Marketplace LLC.
Jkay Group leased 3,052 square feet of retail space in the Rock Springs Plaza at 7175 W. Lake Mead Blvd. in Las Vegas for $388,884, for 120 months, NNN. Deana Marcello and Adam Malan of Logic Commercial Real Estate represented the landlord, Rock Springs Plaza.
Lawyer’s Title of Nevada Inc. leased 2,640 square feet of office space at 8905 W. Post Road, Suite 290, in Las Vegas for $292,882 from SE Property Investment LLC. Marc Magliarditi and Jason Brooks of Logic Commercial Real Estate represented Lawyer’s Title in the 64-month NNN lease.
LA Stereo leased 2,666 square feet of retail space at 1040 S. Rainbow Blvd. in Las Vegas. Scot Prince of Logic Commercial Real Estate represented LA Stereo in the $167,157, NNN 60-month lease. The landlord, Joe & Geri Dohorty and Frank & Carolyn Hines, was represented by Marc Magliarditi and Jason Brooks of Logic Commercial Real Estate.
Jade Nails leased 1,200 square feet of retail space for $123,000. The lease in the Sunridge shopping center at 10960 S. Eastern Ave. in Henderson is for 62 months, NNN. Deana Marcello and Adam Malan of Logic Commercial Real Estate represented the landlord, CSFB 2005-C S. Eastern Ave.
The Cosmopolitan of Las Vegas renewed its lease of 121,875 square feet of industrial space at 6025 Procyon Ave., Suites 100, 110, 120 and 130, in Las Vegas. Dan Doherty, Susan Borst, Chris Lane and Jerry Doty of Colliers International represented the landlord, JDV Procyon LLC. Terms of the transaction were not disclosed.
Autosource Motors of Las Vegas LLC leased 20,000 square feet of retail space at 2121 E. Sahara Ave. in Las Vegas. Chris Connell and Grant Traub of Colliers International represented the lessee. Terms of the transaction were not disclosed.
Bachiero Event Services LLC leased 13,432 square feet of industrial space in Suncrest Commerce Center at 1051 Mary Crest Road, Suite A, in Henderson. Greg Pancirov and Mike DeLew of Colliers International represented the landlord, DCT Commercial Properties LLC. Terms of the transaction were not disclosed.
Bearco USA Inc. leased 12,320 square feet of industrial space in Henderson Corporate Park at 125 Corporate Park Drive in Henderson. Greg Pancirov and Mike DeLew of Colliers International represented the landlord, Elevon Corporate Park LLC. Terms of the transaction were not disclosed.
Bachiero Event Services LLC leased 12,000 square feet of industrial space in Suncrest Commerce Center at 1051 Mary Crest Road, Suite L/M, in Henderson. Greg Pancirov and Mike DeLew of Colliers International represented the landlord, DCT Commercial Properties LLC. Terms of the transaction were not disclosed.
TCL Associates Inc. dba Stage House leased 5,826 square feet of industrial space in WesTech Business Center II at 5175 W. Diablo Dr., Suite 105, in Las Vegas. Greg Pancirov and Mike DeLew of Colliers International represented the landlord, Cable Investments–Diablo LP.
Rossfit Crossfit LLC leased 5,104 square feet of industrial space in Arrowhead Commerce Center (Building 8) at 3655 E. Patrick Lane, Suite 600, in Las Vegas. Spencer Pinter, Dan Doherty, Susan Borst, Chris Lane and Jerry Doty of Colliers International represented the landlord, KTR LV I LLC. Terms of the transaction were not disclosed.
Women’s Health Associates of Southern Nevada leased 4,245 square feet of medical office space at 861 Coronado Center Drive, Suite 131, in Henderson. Stacy Scheer and Andrew Kilduff of Colliers International represented the landlord, 2580 W. Horizon Ridge Pkwy. Holdings. Terms of the transaction were not disclosed.
Las Vegas Recycling Inc. leased 4,075 square feet of industrial space in the Creekside Business Center at 2565 E. Washburn Road in North Las Vegas. Greg Pancirov and Mike DeLew of Colliers International represented the landlord, Richard Wenala. Terms of the transaction were not disclosed.
Oceda Corp. leased 3,369 square feet of industrial space in the Valley Freeway Center Phase III at 7715 Commercial Way, Suite 140, in Henderson. Greg Pancirov and Mike DeLew of Colliers International represented the landlord, VFC III Industrial Buildings LLC. Terms of the transaction were not disclosed.
LivFree Wellness LLC leased 3,038 square feet of industrial space in the Gibson-Wigwam Business Center at 50 N. Gibson Road, Suite 170-175, in Las Vegas. Greg Pancirov and Mike DeLew of Colliers International represented the landlord, Pereyra 1992 Living Trust. Terms of the transaction were not disclosed.
Casino Game Maker Inc. leased 1,830 square feet of industrial space in the WesTech Business Center I at 5565 S. Decatur Blvd., Suite 109, in Las Vegas. Greg Pancirov and Mike DeLew of Colliers International represented the landlord, WesTech Business Center LLC. Terms of the transaction were not disclosed.
Residential Bancorp Inc. leased 1,868 square feet of office space in the Holsum Design Center at 231 W. Charleston Blvd., Suites 110-120, in Las Vegas. Rebecca Staniec of Colliers International represented the lessor, LGC 231 LLC. Terms of the transaction were not disclosed.
Coast Draperty Services Inc. leased 6,409 square feet of industrial and office space at 5017 W. Diablo Drive in Las Vegas. Greg Pancirov and Mike DeLew of Colliers International represented the landlord, McBeath Holdings LLC. Terms of the transaction were not disclosed.
Flight Check Commercial Aviation Services LLC leased 2,800 square feet of industrial space in Patrick Airport Center at 2700 E. Patrick Lane, Suite 16, in Las Vegas. Dean Willmore, Mike DeLew and Greg Pancirov of Colliers International represented the landlord, Stockbridge Patrick and Mojave LLC. Terms of the transaction were not disclosed.
John M. Quinn DMD PC leased 3,494 square feet of office space at 8930 W. Sunset Road, Suite 190, in Las Vegas. Greg Pancirov and Mike DeLew of Colliers International represented Quinn while Andrew Kilduff of Colliers International represented the landlord, Building C LLC. Terms of the transaction were not disclosed.
Gleason Partners LLC leased 3,828 square feet of industrial space in the Petersen Industrial Center at 4535 Statz St., Suite E, in North Las Vegas. Greg Pancirov and Mike DeLew of Colliers International represented the lessor, DM Real Estate Holdings LLC. Terms of the transaction were not disclosed.
Interstate Hotel Installation Inc. leased 19,927 square feet of industrial space at 6620 Escondido St. in Las Vegas. Brian Riffel and Tyler Jones of Colliers International represented the lessor, MAS Investments LP. Terms of the transaction were not disclosed.
Murray Feiss Import LLC leased 207,070 square feet of industrial space in the Golden Triangle Industrial Park at 3035 E. Lone Mountain Road, Suite 1000, in North Las Vegas and an undisclosed amount. Greg Pancirov and Mike DeLew of Colliers International represented Murray Feiss. Terms of the transaction were not disclosed.
