Sun’s End of Summer Transactions

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LAS VEGAS (September 10, 2019) —Sun Commercial Real Estate Inc. announced today the closing of the following transactions:

The Sale of Gramercy Commons Retail Center was completed on August 15, 2019.  The 25,892 square foot multi-tenant retail building is located at 5752 S. Fort Apache Road, Las Vegas, NV 89148. The total value of the transaction was $6,350,000.00. Roy Fritz, CCIM, Cathy Jones, CPA, SIOR, CCIM, Paul Miachika, Taylor Vasquez, and Dylan Heroy of Sun Commercial Real Estate, Inc. represented the Buyer, Manjinder Saini and Logic Commercial Real Estate represented the Seller, BK National Solutions LLC.

The Sale of a medical office building was completed on August 21, 2019. The 7,523 square foot property is located at 4640 W. Craig Road, North Las Vegas, NV 89130. The total value of the transaction was $1,500,000.00. Michael Brazill and Edward Bassford of Sun Commercial Real Estate, Inc. represented the Buyer, RSC Commercial Properties LLC and NAI Vegas represented the Seller, Decatur Properties, LLC.

The Sale of an office building was completed on August 1, 2019. The 6,465 square foot property is located at 2801 N. Tenaya Way, Las Vegas, NV 89128. The total value of the transaction was $1,470,000.00. Lisa Hauger and Timothy Erickson of Sun Commercial Real Estate, Inc. represented the Seller, Transwestern Investment Corporation, LLC and Realty Group Preferred represented the Buyer, Leo Capobianco.

The Sale of an industrial/flex building was completed on August 21, 2019. The 7,800 square foot property is located at 3518 West Post Road, Las Vegas, NV 89118. The total value of the transaction was $1,400,000.00. Paul Chaffee and Wil Chaffee of Sun Commercial Real Estate, Inc. represented the Seller, Magic Ventures and Cushman & Wakefield represented the Buyer, Ferraro Marble Companies, LLC.

The Sale of two multi-tenant office buildings was completed on August 30, 2019. The 11,850 square foot property is located at 2421-2441 Tech Center Court, Las Vegas, NV 89128. The total value of the transaction was $1,275,000.00. Paul Chaffee and Wil Chaffee of Sun Commercial Real Estate, Inc. co-represented the Seller, The Edwards Nevada Trust and MDL Group represented the Buyer, Fab 5, LLC.

The Sale of APN 179-21-412-004 was completed on August 28, 2019. The 1.06 acre parcel is located at 1440 S. Boulder Highway, Henderson, NV 89015. The total value of the transaction was $799,000.00. Renae E. Russo, LEED GA of Sun Commercial Real Estate, Inc. represented the Seller, The Blake L Sartini and Delisa F. Sartini Family Trust and Northcap Commercial represented the Buyer, ETT I, LLC.

The Lease of ±33,541 square feet of real property improved with a ±1,440 SF building was completed on June 1, 2019.  The property is located at 5050 Paradise Road, Las Vegas, NV 89119. The total value of the transaction was $510,951.23. Curtis Sanders, SIOR of Sun Commercial Real Estate, Inc. represented the Tenant, The Hertz Corporation and Cushman & Wakefield and MDL Group co-represented the Landlord, Zimmerman IV, LLC.

The Lease with Sunrise Health Clinic was completed on August 6, 2019. The 3,880 square foot office space is located at 6767 W. Tropicana Avenue, Suite 100, Las Vegas, NV 89113. The total value of the transaction was $245,322.00. Sun Commercial Real Estate, Inc. represented the Landlord, Sixty Seven Sixty Seven LLC.

The Lease with Enrichment Holistic Skin Health, LLC was completed on August 14, 2019. The 2,242 square foot retail space is located at 2780 W. Horizon Ridge Parkway, Suite 40, Henderson, NV 89052. The total value of the transaction was $193,399.50. Adam Drake, MBA, CPM of Sun Commercial Real Estate, Inc. represented the Landlord, Horizon Coronado LLC and Magnum Opes represented the Tenant.

The Lease with Acceleration Academies, LLC was completed on August 15, 2019. The 5,895 square foot office space is located at 4250 E. Bonanza Road, Suite 10-13, Las Vegas, NV 89110. The total value of the transaction was $185,851.83. Pete Janemark, CCIM of Sun Commercial Real Estate, Inc. represented the Landlord, SET Properties and NAI Vegas represented the Tenant.

The Lease with Synergy Security, Inc. was completed on July 25, 2019. The 1,790 square foot office space is located at 1607 E. Windmill Lane, Suite 400, Las Vegas, NV 89123. The total value of the transaction was $177,655.50. Sun Commercial Real Estate, Inc. represented the Landlord, Haikal Exemption Trust.

The Lease with Individually Me, Inc. was completed on July 1, 2019.  The 5,273 SF industrial space is located at 4350 S. Arville Street, Suite 160, Las Vegas, NV 89103. The total value of the transaction was $133,659.30. Lisa Hauger and Timothy Erickson of Sun Commercial Real Estate, Inc. represented the Tenant, Individually Me, Inc. and JLL represented the Landlord, CRPF II Arville, LLC.

The Lease with Rainbow Drywall and Painting Company was completed on July 1, 2019. The 2,013 SF office space is located at 7320 Smoke Ranch Road, Suite C, Las Vegas, NV 89128. The total value of the transaction was $61,899.75. Pete Janemark, CCIM of Sun Commercial Real Estate, Inc. represented the Tenant, Rainbow Drywall and Painting Company and Cushman & Wakefield represented the Landlord, Brookhollow Business Park, LLC.

The Lease with TGIF TOAO Enterprises was completed on July 22, 2019. The 1,323 SF office space is located at 2755 E. Desert Inn Road, Suite 260, Las Vegas, NV 89121. The total value of the transaction was $54,066.88. Pete Janemark, CCIM of Sun Commercial Real Estate, Inc. represented the Landlord, 2625 GV, LLC and Albright, Callister and Associates represented the Tenant.

About Sun Commercial Real Estate Inc.

Sun Commercial Real Estate, Inc. is a full service commercial real estate brokerage firm with offices in Nevada, Arizona and California. The founder of Sun Commercial Real Estate brought a record of proven success in investment sales, leasing, and consulting experience to a wide variety of individual, corporate and institutional clients. Since 2006, the company has grown both in size and depth of services. Our commercial real estate experience is national in scope and locally applied. For additional information visit www.suncommercialre.com.

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