HENDERSON INDUSTRIAL PARK UNDER CONSTRUCTION
Brass Cap Development broke ground on its latest project, Bromigo, an industrial development in West Henderson near Amigo Road and Bruner Avenue.
Bromigo is a concrete tilt-up two-building industrial park that features one 78,489-square-foot building and one 75,992-square-foot building — both which can be divisible to 7,500 square feet. Situated on 10 acres, both Bromigo buildings feature 28-foot clearing heights, 9-foot-by-10-foot dock doors and 180-foot-long truck court.
With three other industrial projects in development in West Henderson, Brass Cap Development continues to see success in the area due to buyer’s high demand to be near the California Stateline, proximity to the growing nearby amenities and easy access to the I-15 Interstate as well as the 215 Beltway.
“Our developments in West Henderson continue to have a variety of benefits for business operators as the area provides a great foundation for successful and smooth logistic operations due to its desirable location in the valley,” said Jason Kuckler, partner at Brass Cap Development.
LM Construction Co, a Las Vegas-based construction company, is the design-build general contractor for Bromigo. Available for sale or lease, Bromigo is expected to be complete in Q4 of 2021.
COMPLETED SALES TRANSACTIONS
• A sale to 5360 N Beesley Drive LLC. The approximately 106,705-square-foot industrial property is in North Las Vegas Business Park at 5360 N. Beesley Drive in North Las Vegas. The transaction value was $14,000,000. Dan Doherty, SIOR; Paul Sweetland, SIOR; Chris Lane, SIOR, CCIM; and Jerry Doty, SIOR, of Colliers International represented the seller, Becknell Industrial.
• A sale to Nevada Asset Group. The approximately 38,164-square-foot industrial property is at 5785 N. Hollywood Blvd. in North Las Vegas. The transaction value was $5,839,092. Brian Riffel, SIOR, and Tyler Jones of Colliers International represented the buyer.
• Sean Zaher of CBRE Inc. represented the seller in the sale of a 43,460-square-foot industrial building at 3130 Simmons St. to Maddiedog LLC for $5,650,000.
• The sale of a multifamily complex comprised of 55,850 square feet is at 505-515 S. 13th St. The total value of the transaction was $4,285,000. Cathy Jones, CPA, SIOR, CCIM; Paul Miachika; and Alexandria Malone of Sun Commercial Real Estate Inc. represented the seller, Palm Garden 505 LLC.
• Jason Dittenber; Jerad Roberts; Devin Lee, CCIM; and Robin Willett of Northcap Commercial have announced the recent sale of Destino Villas Apartments for $2,976,000 ($93,000/unit). This sale consisted of 32 multifamily units built in 1982, located at 4500 E. Lake Mead Blvd. This transaction closed on March 11. Northcap Multifamily represented the seller, Ambleside Properties LLLP and Accession LLC.
• Jason Dittenber; Devin Lee, CCIM; Jerad Roberts; and Robin Willett of Northcap Commercial have announced the recent sale of Azure Park Apartments for $2,854,000 ($89,188/unit). This sale consisted of 32 multifamily units built in 1983, located at 4757, 4761, 4765, 4769, 4773, 4777, 4781 and 4785 Harrison Drive. This all-cash, off-market transaction closed in 28 days on February 25. Northcap Multifamily represented the sellers, MFS Investments LLC and Kaydison LLC.
• The sale of an industrial building comprised of 7,639 square feet is at 5966 Topaz St. The total value of the transaction was $1,370,000. Cathy Jones, CPA, SIOR, CCIM; Paul Miachika; and Alexandria Malone of Sun Commercial Real Estate Inc. represented the seller, FMS Properties LLC.
• A sale to Koa CCTV Inc. The approximately 5,166-square-foot industrial property is at 4518 W. Hacienda Ave. The transaction value was $1,162,350. Dan Doherty, SIOR; Paul Sweetland, SIOR; Chris Lane, SIOR, CCIM; and Jerry Doty, SIOR, of Colliers International represented the seller, Hacienda Real Estate Investment LLC. Brian Riffel, SIOR, and Tyler Jones of Colliers International represented the buyer.
• A sale to Weiss Family Trust u/a/d April 12, 2000, or assignee. The approximately 3,766-square-foot office property is at 1671 W. Horizon Ridge Parkway, Suite 100 in Henderson. The transaction value was $1,100,000. Taber Thill, SIOR; Patti Dillon, SIOR; and Megan McInerney of Colliers International represented the seller, Empire Holdings VI LLC. Sam Newman and Pat Marsh, SIOR, of Colliers International represented the buyer.
• The sale of APN 139-01-611-013 comprised of 1 acre is at 4580 N. Donovan Way in North Las Vegas. The total value of the transaction was $475,000. Michael Brazill of Sun Commercial Real Estate Inc. represented the seller, MJR LLC.
• A sale to Wildcat Properties LLC. The approximately 1.47-acre land parcel is in Englestad Industrial Park between Englestad Street and Cheyenne Avenue (APN: 139‐10‐412‐001) in North Las Vegas. The transaction value was $385,000. Dean Willmore, SIOR; Alex Stanisic; and Mike Willmore of Colliers International represented the seller, Lucky Dog Holdings LLC. Lauren Willmore of Colliers International represented the buyer.
COMPLETED LEASE TRANSACTIONS
• A lease to K & B Electric LLC. The 20,038-square-foot industrial property is in Stadium Industrial Park at 5959 S. Valley View Blvd. Lauren Willmore; Dean Willmore, SIOR; Alex Stanisic; and Mike Willmore of Colliers International represented the lessor, GC Properties LLC.
• A lease to Chocolate Magic Las Vegas LLC. The 17,702-square-foot industrial property is in Harmon Warehouse Center at 4301 S. Valley View Blvd., unit Nos. 5 and 6. Gabe Telles, Ryan Hendershot and Chase Pavlov of Colliers International represented the lessee.
• A lease to Battle Born Offroad LLC. The 6,341-square-foot industrial property is in Harmon Warehouse Center at 4301 S. Valley View Blvd., Unit No. 19. Lauren Willmore; Dean Willmore, SIOR; Alex Stanisic; and Mike Willmore of Colliers International represented the lessee.
• A lease to TSI Tower Services Inc. The approximately 6,000-square-foot industrial property is at 5977 Mcleod Drive. Gabe Telles, Ryan Hendershot and Chase Pavlov of Colliers International represented the lessee.
• A lease to Sho‐Link Inc. The approximately 5,760-square-foot industrial property is in Sandhill Airport Park at 6340 S. Sandhill Road, Suite 7. Mike Willmore; Dean Willmore, SIOR; Alex Stanisic; and Lauren Willmore of Colliers International represented the lessor, Theopacific Las Vegas I LLC.
• A lease to Butcher’s Choice of Nevada Inc. The 2,866-square-foot industrial property is in Patrick Airport Center at 6045 Harrison Drive, Suite 6. Alex Stanisic and Lauren, Dean and Mike Willmore of Colliers International represented the lessor, BKM MAC 228 LLC.
• A lease to NuSpine Chiropractic. The 1,233-square-foot retail space is at Crossroads Plaza at 9435 W. Tropicana Ave., unit No. 107. Al Twainy, CCIM, and Jennifer Lehr, CCIM, of Colliers International represented the lessor, Crossroads Plaza LV LLC.
• The lease to Good Morning Kitchen comprised of 3,060 square feet is at 5587 S. Rainbow Blvd. The total value of the transaction was $516,621.36. Eric Rogosch and Jason Park of Sun Commercial Real Estate Inc. represented the tenant.
• The lease to Paulie’s South Street Steaks comprised of 1,790 square feet is at 6020 W. Craig Road, Suite 140. The total value of the transaction was $256,590.60. Eric Rogosch and Jason Park of Sun Commercial Real Estate Inc. represented the landlord, AMJ Jones LLC.
• The lease to Exhale Vape & Wellness comprised of 1,200 square feet is at 871 N. Nellis Blvd., Suite 1. The total value of the transaction was $87,814.38. Eric Rogosch and Jason Park of Sun Commercial Real Estate Inc. represented the landlord, Friendly Bear Plaza LLC.
• The lease to New Source Medical LLC comprised of 2,491 square feet is at 4150 N. Lamb Blvd., Suite 105. The total value of the transaction was $74,724.91. Lisa Hauger and Timothy Erickson of Sun Commercial Real Estate Inc. represented the landlord, The Scott M Cooley 1997 Separate Property Trust.
• The lease to Scoil Rince Ni Riada, LTD comprised of 1,679 square feet is at 7024/7026 W. Charleston Blvd. The total value of the transaction was $62,742.51. Eric Rogosch and Jason Park of Sun Commercial Real Estate Inc. represented the landlord, Gilday Donald S IRR Family Trust.
• A lease to MPNI LLC. The approximately 21,450-square-foot industrial property is in Mountain West Industrial Park at 7180 W. Post Road, Suite 308‐310. Dean Willmore, SIOR; Alex Stanisic; and Mike and Lauren Willmore of Colliers International represented the lessor, SD Parcels LLC.
• A lease to Healthcare 360 Inc. The 10,264-square-foot industrial property is in Pacific Business Center at 1175 American Pacific Drive, Suite F in Henderson. Brian Riffel, SIOR, and Tyler Jones of Colliers International represented the lessee.
• A lease to Absorption Pharmaceuticals LLC. The 6,922-square-foot industrial property is at 4690 W. Post Road, unit 135. Chris Clifford; Steve Neiger, CCIM; and Brett Rather of Colliers International represented the lessee.
• A lease to Matthew Jackson. The 5,132-square-foot industrial property is in Sandhill Airport Park at 6320 S. Sandhill Road, Suite 1. Dean Willmore, SIOR,;Alex Stanisic; and Mike and Lauren Willmore of Colliers International represented the lessor, Theopacific Las Vegas I LLC.
• A lease to Advanced Imaging Solutions Inc. The 4,728-square-foot industrial property is in Northport Business Park at 3865 W. Cheyenne Ave., Suite 500 in North Las Vegas. Gabe Telles, Ryan Hendershot and Chase Pavlov of Colliers International represented the lessee.
• A lease to Tire Xpress Group Inc. The 3,801-square-foot retail property is in Trop Decatur Auto Center at 5075 S. Decatur Blvd. Al Twainy, CCIM, and Jennifer Lehr, CCIM, of Colliers International represented the lessor, WW & JJ Choi LLC.
• A lease renewal to JFDI Consultants LLC. The 3,151-square-foot office property is in City Center West at 7201 W. Lake Mead Blvd., Suite 108. Patti Dillon, SIOR; Taber Thill, SIOR; and Megan McInerney of Colliers International represented the lessor, 7201 W Lake Mead LLC.
• A lease to The Exit Group LLC. The 3,077-square-foot office property is in Green Valley Corporate Center at 2360 Corporate Circle, Suite 370 in Henderson. Patti Dillon, SIOR; Taber Thill, SIOR; and Megan McInerney of Colliers International represented the lessor, Corporate Center VI Investors LLC.
• A lease to Chicken Shack SG LLC. The approximately 2,000-square-foot retail property is at 2091 E. Riverside Drive, Suite C in St George, Utah. Chris Clifford; Steve Neiger, CCIM; and Brett Rather of Colliers International represented the lessee.
• A lease to Performance Practice Solutions LLC. The 1,744-square-foot office property is in Flamingo Grand Plaza at 1050 E. Flamingo Road, Suite E228. Chris Connell, SIOR, and Grant Traub, SIOR, of Colliers International represented the lessor, FKC Flamingo LLC, a California limited.
• A lease to Genex Services LLC. The 1,225-square-foot office property is in Pebble Place at 2190 E. Pebble Road. Suzette LaGrange, CCIM, of Colliers International represented the lessor, Paseo Verde Group LLC.
• A lease to Gabriel Martinez, an individual. The 1,209-square-foot industrial property is in Corporate Center Business Park at 4339 Corporate Center Drive, Suite 140, in North Las Vegas. Gabe Telles, Chase Pavlov and Ryan Hendershot of Colliers International represented the lessor, The Realty Associates Fund XI Portfolio L.P.
• A lease to Courtney J. Klunder, Lilly Klunder and Angelica M. Clark. The approximately 1,200-square-foot retail property is in Village Square at Peccole Ranch at 9420 W. Sahara Ave., Suite 102. Chris Clifford; Steve Neiger, CCIM; and Brett Rather of Colliers International represented the lessor, The GVT Grandkids Trust.
• Battle Born Offroad Limited Co LLC leased approximately 6,341 square feet of industrial space in Harmon Warehouse Center at 4301 S. Valley View Blvd.Michael McCoy and Sean Zaher of CBRE represented the landlord.