Las Vegas Commercial Real Estate

The Martinez Family Trusts has sold the Coronado Medical Center Building located at 9067 W. Post Road. Las Vegas-based Buckley Trust purchased the 5,520-square-foot office building for $2.02 million, or approximately $367 per square foot. The property sold with a 6.7% cap rate. The single-story building, built in 2005, is a part of the Coronado [...]

Two more good years. That’s how many more years real estate mogul Sam Zell believes the commercial real estate market will remain solid before experiencing some weakness. At the New York University 12th Annual REIT Symposium in New York, he was quoted as saying, “If I were a betting man, I would look to the [...]

The insurance provision is an important, but often, overlooked part of the lease agreement. Additionally with constant changes occuring in the insurance industry, it is important that you take the time to review this provision each time the lease comes of for renewal. A well drafted insurance provision is valuable and can provide peace of [...]

The Work Letter is a document attached to most commercial leases that describes the standard fixtures, upgrades and repairs a landlord is willing to pay for such as doors, lighting, carpets, etc. If as a new tenant you find yourself needing special wiring for your computer equipment, new walls or partitions, or simply want new [...]

Private investors, Ridgewood-Oxnard LLC and Ridgewood-San Diego LLC have traded the Ridgewood Apartments at 3355 Arville St. in Las Vegas, for $8.6 million, or about $76,800 per unit. The two-story apartment building was built in 1977. It totals 89,472 square feet on sits on 5.75 acres. The unit mix is comprised of 112 total units [...]