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Archive for April, 2007

New Airport Office Bldg.

Monday, April 16th, 2007

Stoltz Management Co. and GoldenTree InSite Partners began contruction of a new office building this month at the Hughes Airport Center. The Sunset Pilot Plaza, a 180,000-sf office development, consists of two three-story buildings with glass and steel exteriors on a nine-acre site at the intersection of Sunset and Pilot roads, adjacent to McCarran […]

Office Bldg. Sells for $2.2M

Friday, April 13th, 2007

TSE Holdings LLC has sold the multi-tenant office building located at 8978 W. Nevso Drive. The building constructed last year sold to private investor Ron Bures for $2.24 million, or roughly $195 per square foot.
The 11,520-square-foot, single-story office building sits on approximately one acre. It consists of 15 built-out offices, a kitchen, reception desk, […]

Rainbow Design Center Sells

Friday, April 13th, 2007

Keith-Warm Springs LLC has sold the Rainbow Design Center located at the northeast corner of S. Rainbow Blvd. and Del Rey Ave. The 64,326-square-foot shopping center was sold to Jack S. Laird LLC for approximately $16.1 million, or $250 per square foot.
Built in 1990, the seller had made several improvements over the past […]

More commercial loan oversight?

Thursday, April 12th, 2007

More than 8,000 small and mid size banks in the U.S. handle the brunt of commercial real estate loans,and the Feds are beginning to think they’ve bitten off more than they can chew. Federal regulators are threatening more oversight in an attempt to prevent another financial meltdown similiar to the one experienced in the […]

LV Flex Property Sells for $1.2M

Wednesday, April 11th, 2007

The Industrial Commonwealth LLC recently sold the 7,612-square-foot industrial flex building at 4376 E. Alexander Road for $1.2 million, or approximately $158 per square foot, to KLM. The Industrial Commonwealth is a brand new industrial development that consists of 18 freestanding flex buildings with yards, built-out office space and concrete tilt-up construction.
The new […]