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Archive for February, 2007

Hughes Airport Center Flex Bldg. Sold

Tuesday, February 13th, 2007

A 45,998-square-foot flex building in the Hughes Airport Center on the corner of Grier Drive and Paradise Road has sold for $6.5M or about $141 per square foot. The buyer, an investment company called JMK LP purchased the building from CIP Airport Added Portfolio LLC.
Built in 1986, the single-story flex building sits on […]

Land Prices Are a Mixed Bag

Saturday, February 10th, 2007

A recent In Business Las Vegas article examined local land prices. There were notable difference between the various property classes. For example, prices for office space have remained the same for the last 8 to 12 months while land prices is the industrial market in North Las Vegas have gone up […]

New Power Center

Friday, February 9th, 2007

Deer Springs Crossing is one of the latest projects for developer Juliet Cos. The 35-acre, 25 building, 325,000-sq power center is projected to cost $75M. When fully built out in late 2008, the center is expected to contain approximately 45 shops, restaurants and entertainment venues. Asking rents for space in the development range […]

Website Hopes to Connect Real Estate Agents, Developers, and Nationwide Investors

Wednesday, February 7th, 2007

RE/MAX Millennium Commercial Properties and Ron Costa just launched a new website called GOZoneProjects.com. The project is designed to showcase qualified real estate investment opportunities and connect real estate agents, developers, and nationwide investors to take advantage of the unique circumstances that presently exist on the Mississippi Gulf Coast.
The Gulf Opportunity Act of 2005 […]

Sandhill & Post Business Center Facility Sells for $950,000

Wednesday, February 7th, 2007

The Sandhill & Post Business Center Facility at 6276 S. Sandhill Road in Las Vegas was sold by the Ranbar Trust for $950,000, or approximately $163 per square foot. The Leibsohn Family Trust was the buyer of the 5,832-square-foot building built in 1997 . The deal was the Leibsohn Family Trust’s up-leg […]