NAIOP Newsbites

ADD A NEWSBITE

Company: JW Zunino Landscape Architecture
Posted: Jul, 2010
On June 30, 2010 ground was broken on the Floyd Lamb State Park North and South Environmental Enhancement Areas. This flood control project includes new draught tolerant planting and native re-vegetation, along with a network of interpretive trails with shade shelters. Construction is slated to take 18 months and will provide residents with additional recreational opportunities while visiting the Tule Springs area.

Company: CB Richard Ellis
Transaction: $695,459
Posted: Jul, 2010
CB Richard Ellis’ Bruce Follmer and Carla Cole represented the lessee, THI of NV at Desert Valley Therapy, LLC, in the $695,459, 67-month lease of ±8,865 square feet of medical office space from William P. Floyd, LP. The property is located at 1950 E. Desert Inn Road in Las Vegas.

Company: CB Richard Ellis
Transaction: $594,283
Posted: Jul, 2010
CB Richard Ellis’ Darren Lemmon represented the lessee, Critical Care Systems, Inc., in the $594,283, 62-month lease of ±6,314 square feet of office space from McCarran Center LC. The property is located at 505 Capovilla Avenue in Las Vegas.

Company: CB Richard Ellis
Transaction: $475,178
Posted: Jul, 2010
CB Richard Ellis’ Randy Broadhead represented the lessor, 10190 Covington Cross, LLC, in the $475,178, 28-month lease of ±10,678 square feet of office space to Travelscape, Inc. The property is located at 10190 Covington Cross Drive in Las Vegas.

Company: CB Richard Ellis
Posted: Jul, 2010
CB Richard Ellis’ Donna Alderson, Greg Tassi, and JJ Peck represented the lessor, ProLogis, in the lease of ±214,200 square feet of industrial space to Czarnowski Display Services. The property is located at 4150 Industrial Center Drive in North Las Vegas.

Company: CB Richard Ellis
Posted: Jul, 2010
CB Richard Ellis’ Donna Alderson, Greg Tassi, and JJ Peck represented the lessee, Global Equipment Company, Inc., in the lease of ±89,728 square feet of industrial space from ProLogis. The property is located at 3101 Marion Drive in North Las Vegas.

Company: CB Richard Ellis
Transaction: $59,800
Posted: Jul, 2010
CB Richard Ellis’ Donna Alderson, Greg Tassi, and JJ Peck represented the lessor, BG Vegas Properties, LLC, in the $59,800, 24-month lease of ±4,476 square feet of industrial space to Obsidian Media, LLC. The property is located at 4425 Wagon Trail Avenue in Las Vegas.

Company: CB Richard Ellis
Transaction: $57,600
Posted: Jul, 2010
CB Richard Ellis’ Donna Alderson, Greg Tassi, and JJ Peck represented the lessor, Eastgroup Properties, in the $57,600, 13-month lease of ±12,000 square feet of industrial space to Preferred Laminations, LLC. The property is located at 5530 S. Arville Street in Las Vegas.

Company: Lee & Associates Commercial Real Estate Services
Transaction: $970,726
Posted: Jul, 2010
Lee & Associates' Charles W. Witters, SIOR and Kris Watier represented the lessee, Farmer's Insurance Exchange, in the 5 year office lease of 7,744 SF of space located at The Arroyo, 7455 Arroyo Crossing Pkwy. The Lessor, EJM Arroyo Corporate Center 1 & 2 Properties, LLC, was represented by Brad Peterson of CB Richard Ellis. The total value of the transaction was $970,726.

Company: Colliers International - Las Vegas
Transaction: $107,724
Posted: Jul, 2010
Colliers International - Las Vegas announced today the finalization of a 36-month lease(NNN) with Gamesman, Ltd. The 5,230-square-foot industrial/light distribution property is located at 6672 Spencer St., Suite 600. Closed on June 28, the total value of the transaction was $107,724. Spencer Pinter of Colliers International represented the lessor, EJM Spencer Helm Property, LLC. Rick Smith of RDS Associates, LLC represented the lessee.