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Industrial property on 3.43 acres sold for $4.5 million

Valley View Merchant Irrevocable Business Trust has sold 4,000 square feet of industrial property on 3.43 acres of land South Valley View Boulevard and West Twain Avenue, Las Vegas. The price was $4.5 million.

Soozi Jones Walker of Commercial Executive Real Estate represented the seller. Troy Tobler of Virtus Commercial represented several buyers.

Sales of interest

• RR Properties LLC purchased the 6,958-square-foot retail property at 830 S. 4th St. in Las Vegas. The transaction value was $1.275 million. David Grant and Phillip Dunning of Colliers International represented the seller, Yamanaka Enterprises Inc. et al.

• 22 W Pacific LLC purchased 2,600 square feet of retail space at 22-26 W. Pacific Ave. in Henderson. The transaction value was $550,000. Dan Doherty, Susan Borst, Chris Lane, Jerry Doty and David Grant of Colliers International represented the seller, Ranpat Alliance Limited.

• Mosaic Land Fund LLC and Investor Equity Homes LLC purchased a 1.93-acre parcel of vacant land at 9575 S. Decatur Blvd. — on the northwest corner of Decatur and Gary Avenue — in Las Vegas. The transaction value was $530,000. Vince Schettler of Colliers International represented the buyer.

Leases of interest

• LAS Freight Inc. leased 15,312 square feet of industrial property in Arrowhead Commerce Center (Building 8) at 3655 E. Patrick Lane, Suites 400, 500 and 700, in Las Vegas. Spencer Pinter, Dan Doherty, Susan Borst, Chris Lane and Jerry Doty of Colliers International represented the lessor, KTR LC I LLC. Brian Riffel and Tyler Jones of Colliers International represented the lessee.

• GY SpillVak LLC leased 12,988 square feet of industrial space in Arroyo South Business Center (Phase I) at 6960 W. Warm Springs Rd., Suite 100-120, in Las Vegas. Spencer Pinter of Colliers International represented the lessor, EJM Arroyo South I Property LLC.

• Orange Line Oil Co. Inc. leased 12,000 square feet of industrial space in Suncrest Commerce Center at 1051 Mary Crest Dr., Suite N, in Henderson. Greg Pancirov and Mike DeLew of Colliers International represented the lessor, DCT Commercial Properties LLC.

• Applied Systems Technologies Inc. leased 10,000 square feet of industrial property in Arroyo North Business Center (Phase I) at 6555 S. Tenaya Way, Suites 400 and 500 in Las Vegas. Spencer Pinter of Colliers International represented the lessor, EJM Arroyo North I Property LLC.

• Academy Stone and Tile Inc. leased 6,851 square feet of industrial space in Wigwam Jones Industrial Park at 5925-2 Wigwam Ave. in Las Vegas. Dan Doherty, Susan Borst, Chris Lane and Jerry Doty of Colliers International represented the lessor, MCA Wigwam LLC.

• Siriwan LLC leased 5,200 square feet of industrial space in Arroyo North Business Center (Phase I) at 6555 S. Tenaya Way, Suite 600, in Las Vegas. Spencer Pinter of Colliers International represented the lessor, EJM Arroyo North I Property LLC.

• HPCL USA LLC leased 4,936 square feet of industrial space in Eldorado Business Center at 7485 S. Dean Martin Dr., Suite 107, in Las Vegas. Dean Willmore of Colliers International represented the lessor, Eldorado Business Center LLC and Spencer Pinter of Colliers International represented the lessee.

• Cashman Equipment Co. leased 4,816 square feet of industrial property at 1225 Rockpebble Ave. in North Las Vegas. Greg Pancirov and Mike DeLew of Colliers International represented the lessor, Parashant LLC.

• Anatolia Cultural Centers leased 2,700 square feet of office spce for its headquarters at Sunset Ridge Professional Plaza at 2920 N. Green Valley Pkwy., Building B, Suite 212, in Henderson. Renae Russo of Colliers International represented the lessor, Dyer JL LLC.

• Test America Laboratories Inc. leased 1,930 square feet of industrial space in Whitney Mesa Business Park at 6100 Mountain Vista, Unit 160, in Henderson. Renae Russo of Colliers International represented the lessee.

• Cannex Nevada LLC leased 1,920 square feet of office space in Holsum Design Center at 241 W. Charleston Blvd., Suite 180, in Las Vegas. Rebecca Staniec of Colliers International represented the lessor, LGC 231 LLC.

• Aromas Tea and Coffee Inc. leased 1,795 square feet of retail in Aliante Marketplace at 6885 Aliante Parkway, Suite 106, in North Las Vegas. David Grant of Colliers International represented the lessor, Aliante Marketplace LLC.

• Create Luck Realty LLC leased 305 square feet of office space in Holsum Design Center at 241 W. Charleston Blvd., Suite 169 in Las Vegas. Rebecca Staniec of Colliers International represented the lessor, LGC 231 LLC.

Lease renewal

• NCI Group Inc. renewed its lease on 126,700 square feet of industrial space in Golden Triangle Industrial Park at 4700 Engineers Way in North Las Vegas. Dan Doherty, Susan Borst, Chris Land and Jerry Doty of Colliers International represented the lessee.

• Harrington Industrial Plastics LLC renewed its lease on 9,120 square feet of industrial property at 5530 S. Arville St. in Las Vegas. Dan Doherty, Susan Borst, Chris Lane and Jerry Doty of Colliers International represented the lessee.

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