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Press Release – Significant Transactions July 2021

August 09, 2021
PRESS
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MDL Group Significant Commercial Real Estate Transactions for the Month of July.

Including Sales and Leasing for Office, Industrial and Retail.

Featured Transactions

Aerial view of Peaks Corporate Park
9950 W. Flamingo Road
Las Vegas, Nevada 89147

A Sale of a medical office building was completed at Peaks Corporate Park on July 8, 2021. The office building is located at 9950 W. Flamingo Road, Las Vegas, NV 89147. The total value of the transaction was $2,888,690. Ryan Martin, SIOR, CCIM and Tonya Gottesman of MDL Group represented the Seller, Peaks Corporate Park, LLC.

 

 

 

3720-3880 W. Lake Mead Boulevard
Las Vegas, Nevada 89032

A Lease with Humana was completed on July 12, 2021. The 13,266 square feet retail site is located at 3720 – 3880 W. Lake Mead Boulevard, Las Vegas, NV 89032. The total value of the transaction was $2,039,647.50. Brendan Leake of MDL Group represented the Landlord, Jaz Investment Corp.

 

 

 


6975 South Decatur Boulevard
Las Vegas, Nevada 89118

A Lease with Majestic Realty Co. was completed on July 15, 2021. The 30,000 square feet industrial space is located at Beltway Business Park, 6975 S. Decatur Boulevard, Las Vegas, NV 89118. The total value of the transaction was $1,598,267.55. Jarrad Katz, SIOR, CCIM and Galit Kimerling of MDL Group represented the Tenant, Summit Spirits.

 

 

 

 

Sale and Lease July Transactions

 

A Lease transaction was for a stand-alone retail building totaling 9,657 SF. The property is located at 2630 Windmill Parkway, Henderson, NV 89074.  Hillary Steinberg and Corina Towle of MDL Group represented the Landlord. The total value of the transaction was $1,467,041.90.

A Sale transaction was completed for a rare industrial building with a yard totaling 5,587 SF. The property is located at 6420 Windy Road, Las Vegas, NV 89119.  Jarrad Katz, SIOR, CCIM and Galit Kimerling of MDL Group represented the Seller. The property sold for $1,199,000.

A Lease transaction was completed for a retail suite totaling 1,815 SF. The  property is located at Rainbow Sunset Pavilion, 6315 S. Rainbow Boulevard.  Hillary Steinberg and Corina Towle of MDL Group represented the Landlord. The total value of the transaction was $1,130,103.96.

A Sale transaction was completed for a gray-shell office building totaling 2,577 SF. The newly constructed building is located at 9930 W. Flamingo Road, Las Vegas 89147.  Ryan Martin, SIOR, CCIM and Tonya Gottesman of MDL Group represented the Seller. The property sold for $734,445.

A Sale transaction was completed for the historical Frank Wait House, totaling 3,615 SF. The property is located at 900-901 E. Ogden Avenue, Las Vegas, NV 89101.  Geoffrey West of MDL Group represented the Seller. The property sold for $717,500.

A Lease transaction was completed for an office unit totaling 7,215 SF. The property is located at 5741 S. Fort Apache Road. Michael Greene, Hayim Mizrachi, CCIM, and Luke Ramous represented the Landlord. The total value of the transaction was $712,000.

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