NAIOP Newsbites

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Company: Office Furniture USA
Transaction: $0
Posted: Mar, 2004
Eric Fusch and his company, Office Furniture USA, have been selected to furnish the offices of Christopher Commercial located in the Christopher Homes building in Summerlin. The installation is expected to be completed in May 2004.

Company: Carter & Burgess
Transaction: $0
Posted: Mar, 2004
Carter & Burgess, Inc., was awarded Transportation Project of the Year for the firm's work on the Robert N. Broadbent Las Vegas Monorail. The Institute of Transporation Engineers, Nevada Chapter,presented the award in February in conjunction with National Engineers Week.

Company: NAI Horizon
Transaction: $274,716
Posted: Mar, 2004
Cathy Jones & Craig Alderson of NAI Horizon, Las Vegas, represented the landlord, Main Amundson, LLC, in the 5 year lease of 2156 square feet of office space at Park Run Office located at 10191 Park Run Drive, #226 in Las Vegas, Nevada. The tenant is Carina Homes. The gross lease amount was $274,716.00

Company: Southwest Engineering
Transaction: $0
Posted: Mar, 2004
Southwest Engineering has been awarded a contract for Villages @ Wineridge, LLC by Pageantry Development Corporation, Its Managing Member. The project, Ford & Riley, includes both engineering and surveying on 5 acres at the SEC of West Ford Avenue and Riley Street for an estimated fee of $79,550. The project manager is David G. Moran, Jr.

Company: Restrepo Consulting Group
Transaction: $0
Posted: Mar, 2004
Restrepo Consulting Group LLC President John Restrepo recently announced that the firm has named Dan Dellenbach the director of market analysis and product markreting. In his new position, Dellenbach is responsible for project feasibility analysis, market research, economic impact and demographic analysis.

Company: Lee & Associates
Transaction: $561,600
Posted: Mar, 2004
Charles W. Witters,SIOR and David Flynn of Lee and Associates represented Longford Plaza III in the sale of a 2,400 SF property located at 3271 E. Warm Springs Road. The total transaction was valued at $561,600.

Company: Colliers International
Transaction: $2,000,000
Posted: Mar, 2004
Daniel J. Doherty, SIOR, Brian Pankratz and Stacy Dinkel of Colliers International represented Second Avenue Brooks Partnership in the sale of 18.79 acres of land to Hualapai Development, LLC, represented by Keo Picardo of Scripps Resources Int. The property is located at the southwest corner of Brooks Avenue and North 5th Street. The transaction is valued at $2,000,000.

Company: Colliers International
Transaction: $4,650,000
Posted: Mar, 2004
Scott Gragson, John Kilpatrick and Robert Torres of Colliers International represented GKT 4, LLC et al in the sale of 14.24 acres of land to Richfield Properties et al. The property is located at the southeast corner of Apache Road and Diablo Avenue. The transaction is valued at 4,650,000.

Company: Carter & Burgess
Transaction: $0
Posted: Mar, 2004
The Nevada Department of Transportation awarded Carter & Burgess, Inc. with a contract to develop a Stewardship Procedures and Policy Manual. This manual will guide the Nevada Department of Transportation, the Federal Highway Administration, and local communities in administering federally funded projects within the State of Nevada.

Company: Insight Realty Associates
Transaction: $300,000
Posted: Mar, 2004
Jim Zeiter of Insight Realty Associates, a Las Vegas-based property management and commercial brokerage firm, represented the seller, Horizon Vista LLC, in the sale of approximately 2.5 acres of vacant land to Desert Palms Investment Group. Mina Farah of Real Estate of Nevada represented the buyer. The property is located on Durango Drive south of Craig Road. The transaction was valued at $300,000.