On July 7 th 2020, SVN The Equity Group Sold Silverado Professional Park which is located at 700 E Silverado Ranch Blvd. Senior Advisor David Houle and Managing Director Nolan Julseth-White represented the parties to the sale. This transaction represents a significant trade within the Southern Nevada Real Estate market as transactions have slowed during the second quarter. The SVN Team and their approach led by David Houle and Nolan Julseth-White helped the clients navigate the market uncertainty while balancing the need to find a qualified investment property.
Transaction Details:
- Commercial Office
- 24,251 Sqft
- Sale Price: $6,900,000
- 7% Cap Rate
- $284 per foot
SVN | The Equity Group is one of Southern Nevada’s leading full-service retail and commercial real estate companies. SVN | The Equity Group offers best-in-class property management and brokerage services, ultimately providing clients with proven ways to enhance property values, retain tenants and improve cash flow. The company, which operates in all commercial property sectors including retail, office, industrial, multi-family, land and hospitality, manages nearly 100 properties totaling over 10 million square feet.
