Coronado Canyons Closes 3 Deals in 3 Weeks

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Las Vegas – September 5, 2019  Representatives of Coronado Canyons, the 95,000-square-foot commercial real estate property developed by Nigro Development and situated on the southeast corner of Green Valley Parkway and Horizon Ridge Parkway in Henderson, NV, announce today three separate sales, all of which were closed within three weeks of each other, totaling $2,748,035 million.

Humboldt Sweets, a family-run bakery and café renowned for its sweets and savory dishes, located at 670 S. Green Valley Pkwy, Suite 110 closed escrow on July 22, 2019. David Livingston of IREPLV, LLC represented the seller, Coronado Medical Center LLC, and Lance Hamrick of Coldwell Banker represented the buyer, Caballero Family Trust, in the $599,860 transaction encompassing 2,696 square feet.

Titanium Building Group LLC, a leading, minority-owned commercial construction company, located at 650 Green Valley Pkwy, Suite 100 closed escrow on July 29. David Livingston of IREPLV, LLC represented the seller, Coronado Medical Center LLC, in the $563,010 transaction encompassing 2,681 square feet. The buyer did not have representation.

FSY Fitness, an upscale indoor cycling and fitness studio, located at 670 S. Green Valley Pkwy, Suite 100, closed escrow on August 9. David Livingston of IREPLV, LLC represented the seller, Coronado Medical Center LLC, in the $1,585,165 transaction encompassing 5,612 square feet. Randal Gibson of First Federal Realty DeSimone represented the buyer, Scott Lobenberg. 

“We are very pleased with the brisk sales activity at Coronado Canyons this summer,” said Todd Nigro, president of Nigro Development. “To close three transactions with three excellent operators within three weeks is quite an accomplishment.”

According to Livingston, in the 10 months since the property was purchased, more than 40,000 square feet has sold with approximately 55,000 square feet remaining. “Coronado Canyons has enjoyed a very successful summer despite the heat,” added Livingston. “With recent sales activity bringing in new businesses and the corresponding increases in foot traffic, we expect an uptick in buyer demand in the coming months.”

About Coronado Canyons

Coronado Canyons is a 95,000-square-foot commercial real estate property developed by Nigro Development that features office and retail condominiums ranging from 2,000 to 50,000 square feet. The project consists of four buildings situated on 9.38 acres of land located on the southeast corner of Green Valley Parkway and Horizon Ridge Parkway in Henderson, NV. The property features installed HVAC units, upgraded electrical panels, built-out common areas and a 5:1 parking ratio. IREPLV, LLC Las Vegas is providing commercial real estate brokerage services. For more information, contact Mike Young at myoung@ireplv.com or 702-604-6209.

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