section-ads_high_impact_1

Henderson retail center sold for $59.788 million

Sunmark Plaza on Marks Street in Henderson recently changed hands for $59,788,000. Sunmark Centers LLC of Beverly Hills, Calif. sold the 22.94-acre retail center, anchored by Costco with additional tenants Best Buy, PetCo and Sports Authority, among others, to Sunmark Property LLC. Sunmark Property was incorporated in Nevada on Oct. 21, 2015, with its manger, Wan-I Huang, listed in Chino, Calif. The Bilak Cos. of Beverly Hills represented the seller.

Sunmark Centers LLC originally purchased the retail center for $44,899,000 in September of 2002 from Sunmark Plaza LLC, a joint venture of the Molasky Group of Companies and Laurich Properties. The Molasky Group of companies was the original developer of the property.

 

Sales of significance

• Essex Scot LLC purchased the 64,700-square-foot industrial building at 1603 and 1700 Industrial Road in LAS VEGAS from Gaming Partners International for $3.95 million. Jarrad Katz and Galit Kimerling of MDL Group represented the buyer.

• Crossroad Food Court purchased an 11,919-square-foot retail property at 5025 S. Fort Apache Road in Las Vegas from PROP 1 LLC for $3.475 million. Adam Malan and Brendan Keating of Logic Commercial Real Estate represented the seller and Al Twainy of Colliers International represented the buyer.

• Smiths Plastic Surgery Building LLC purchased an 11,724-square-foot office building at 7650 W. Sahara Ave., Unit 231, in Las Vegas from 7650 W. Sahara Ave. LLC for $1.6 million. Alexia Crowley of MDL Group represented the buyer.

• Herald and Elizabeth Erker and Jones Savant LLC purchased the 15,072-square-foot office building at 2930 S. Jones Blvd. in Las Vegas from the Estate of George W. Taylor for $1.075 million. Michael Boscia of MDL Group represented the seller.

• Demeter Investments purchased 9.42 acres of land on the northeast corner of Ann Road and Sloan Road in Las Vegas from Durango Arby Plaza LLC for $1.05 million. Jarrad Katz and Galit Kimerling of MDL Group represented Demeter Investments.

• Osprey Real Estate Capital purchased the 2,560 square feet of retail space at 673 Mall Ring Circle, Henderson, from Sidney Guetersloh for $910,000. Lisa Anderson of MDL Group represented Guetersloh.

• LAC Holdings LLC purchased 3,400 square feet of industrial space in the Post Arville Industrial Center at 4325 W. Post Road in Las Vegas from PSEN Holdings Inc. for $455,000. Jarrad Katz and Galit Kimerling of MDL Group represented the buyer.

Leases of interest

• Vent Blotique signed a $262,885, 60-month NNN lease at the Shops at Summerlin North in Las Vegas for 1,421 square feet of retail space. Chris Richardson and Jason Otter of Logic Commercial Real Estate represented Vent Blotique. The landlord, The Shops at Summerlin North LP, did not disclose its representative.

• Jungbo Sim leased 3,000 square feet of retail space at 7729 S. Rainbow Blvd., Suites 2 and 3 in Las Vegas for $253,128. The NNN lease is for 60 months. Chris Richardson and Jason Otter of Logic Commercial Real Estate represented the landlord, 7729 Rainbow LLC.

• Papa Murphy’s leased 1,200 square feet of retail space at 655 S. Green Valley Parkway, Henderson, for $245,808 for 60 months, NNN. Chris Richardson and Jason Otter of Logic Commercial Real Estate represented the buyer and Jeb Betz of Juliet Realty represented the landlord, Green Valley Crossing LLC.

• Vent Blotique leased 1,200 square feet of retail space at 655 S. Green Valley Parkway, Suite A-2, Henderson, for $204,000. The NNN lease is for 60 months. Chris Richardson and Jason Otter of Logic Commercial Real Estate represented Vent Blotique, and Jeb Betz of Juliet Realty represented the landlord, Green Valley Crossing LLC.

• Han Foot Spa leased 1,278 square feet of retail space at Fort Apache Plaza, 5165 S. Fort Apache Road, Suite B170 in Las Vegas for $125,292. The NNN lease is for 60 months. Ricardo Jasso represented Han Foot Spa, and Jason Otter and Chris Richardson represented the landlord, Reno Capital Group LLC.

• Salina Ramirez of Commercial Executives Real Estate Services represented Benson Lee LLC and JS Park Sahara LLC in the lease of 2,070 square feet of office space at 1820 E. Sahara Avenue in Las Vegas. The transaction is valued at $69,096.

• California Patio leased 6,000 square feet of retail space at the Pueblo at Summerlin at 8475 W. Lake Mead Blvd. in Las Vegas. Neil Dela Cruz and Hillary Steinberg of MDL Group represented the landlord, Blotron I LLC.

• Beatrice A. Stark DDS leased 2,760 square feet of office space in the Pueblo Medical Center at 8575 W. Lake Mead Blvd., Las Vegas. Jerry Hagfeldt and Alexia Crowley of MDL Group represented the landlord, PMC LAS VEGAS LLC.

• City Home Loans Inc. leased 4,204 square feet of office space at 5888 W. Sunset Road at Sundance Park in Las Vegas. Jerry Hagfeldt of MDL Group represented the landlord, HDI LAS VEGAS LLC.

• Total Renal Care leased 10,000 square feet of medical office space at 7316 W. Cheyenne Ave. in Las Vegas. Jarrad Katz and Galit Kimerling of MDL Group represented the landlord, Pelican-Zim LLC.

• Wag N Wash leased 4,170 square feet of retail space at 7060 S. Durango Drive in Las Vegas. Neil Dela Cruz and Hillary Steinberg of MDL Group represented Wag N Wash. The landlord’s name was not disclosed.

• Furniture World-One Stop Furniture leased 54,923 square feet of industrial space at 1601 Palm St. in Las Vegas from Mojave 15 LLC. Jarrad Katz and Galit Kimerling of MDL Group represented both parties.

Lease renewals

• Vegas Vapor Emporium renewed its lease of 840 square feet of retail space at Buffalo Canyon at 1591 N. Buffalo Drive, Suite 160, Las Vegas. The 23-month lease is valued at $38,509. Chris Emanuel and Tricia MacKenzie of Virtus Commercial represented the landlord, SSG Properties LLC.

 

 

 

 

section-ads_high_impact_4
NEWS

Subscribe to Business Press newsletter and promotional emails

ad-315×600
News Headlines
pos-2 — ads_infeed_1
post-4 — ads_infeed_2
ad-high_impact_5