BRIEF REAL ESTATE | Las Vegas Review-Journal
The CALV will host the mixer on May 12
Commercial Alliance Las Vegas will host its annual Spring Networking Mixer for local real estate professionals on May 12 from 5:30 p.m. to 7:30 p.m. at the Las Vegas Country Club, 3000 Joe W. Brown Drive.
Industry partners and sponsors include local chapters of the Evaluation Institute; BOMA (Building Owners and Managers Association); CCIM (Certified Commercial Investment Member); CREW (Women in Commercial Real Estate); IREM (Institute of Real Estate Management); NAIOP Southern Nevada; Nevada State Apartment Association (NVSAA); and SIOR (Society of industrial and office real estate agents).
Admission is $25 for members of CALV and Las Vegas Realtors (formerly GLVAR), as well as members of other commercial real estate organizations supporting the event. Admission is $35 for everyone else.
Contact CALV at 702-784-5050 or visit calv.org to register or get more information.
CALV President Angelina Scarcelli, whose professional designations include being a CCIM and a Certified Property Manager (CPM), said CALV’s annual spring blender is one of her biggest and most popular events. , attracting over 100 CALV members and other local real estate professionals each year. .
The Commercial Alliance Las Vegas is the commercial real estate division of Las Vegas Realtors. One of Southern Nevada’s largest organizations for commercial real estate professionals, it organizes and empowers the industry through education, networking, promoting professionalism, and shaping public policy. For more information, visit calv.org.
NAIOP Announces Spotlight Award Winners
NAIOP Southern Nevada, an organization representing commercial real estate developers, landlords and related professionals in office, industrial, retail and mixed-use real estate, hosted its 25th Annual NAIOP Spotlight Awards.
Celebrating commercial real estate, this annual marquee event, held April 2 at the Red Rock Casino Resort, honored and recognized top local professionals and businesses for their accomplishments, projects or transactions completed in the previous year. . More than 650 chapter members and guests attended the Hollywood-themed “Back in the Spotlight” party.
Here are the 2022 Southern Nevada Spotlight Award winners:
Project award winners
■ Retail leasehold improvements, summer house
■ Commercial Building, Mountain America Federal Credit Union
■ Improved reception of tenants, The Big Top Food Court at Circus Circus
■ Health Care Tenant Improvement, Silver State Pediatric Skilled Nursing Facility
■ Healthcare Building, New Centennial Hills Hospital Patient Tower
■ Redevelopment project, FlyOver Las Vegas
■ Multi-family project, Betty’s Village at Opportunity Village
■ Mixed-use development, luxury residences Auric Symphony Park
■ Special Purpose, Las Vegas Convention Center, Phase II Expansion
■ Leasehold improvement of offices, Atelier 2.0
■ Office building, The Foundation
■ Industrial Tenant Improvement, Three Square Senior Hunger Facility
■ Custom-built industrial building, Foghorn project
■ Industrial Building Specification, Sloan Logistics Center
■ Industrial Park, Northgate Distribution Center
Industry award winners
■ Financial Company of the Year, CommCap Advisors
■ Engineering Firm of the Year, Kimley-Horn
■ Brokerage Firm of the Year, CBRE
■ Property Management Company of the Year, CBRE
■ Architecture Firm of the Year, EV&A Architects
■ General Contractor of the Year, Martin-Harris Construction
■ Broker of the Year – Industrial, Team Higgins Toft Zaher
■ Broker of the Year – Office, Thill, Dillon &McInerney Office Team
■ Broker of the Year – Retail, Malan Marcello Retail & Investment Advisors
■ Development Leader of the Year, Sean Zaher
■ Development Company of the Year, Panattoni Development Co.
■ Ellie Shattuck Award, Jennifer Levine
■ Associate Member of the Year, Cassie Catania-Hsu
■ Core Member of the Year, David Strickland
■ Trends firm, CapRock Partners
■ Lifetime Achievement Award, Rod Martin
VIO Apartments sells for $41.5 million
Avison Young announced that multi-family Sauter Group, comprised of directors Patrick Sauter, Art Carll-Tangora and Steve Nosrat, based in the Las Vegas office, has completed the $41.5 million ($199,519 per unit) sale of VIO Apartments, a multi-family building with 208 units. property located at 764 E. Twain Ave.
Avison Young represented the seller, Laguna Pointe Properties, in the transaction. The property was purchased by Tides Equities, LLC.
“VIO Apartments is an excellent value-added property in an excellent infill location that allows the buyer to continue the renovation program launched by the seller,” said Patrick Sauter.
Built in 1972 and renovated in 2019, VIO is a garden-style apartment offering residents one- and two-bedroom floor plans with an average unit size of 889 square feet. The property includes a clubhouse, swimming pool, fitness center and on-site laundry facilities.
VIO is located in the Las Vegas University District submarket and minutes from the University of Nevada Las Vegas, Harry Reid International Airport and the Strip.
Mountain West inaugurates the last part of the first phase
Miltson Consulting owner Jonathan Schwartz, developer of the Mountain West Industrial Park in the Southwest Valley, announced that the project at 7210 W. Post Road has begun the final part of its first phase.
Phase one construction includes an additional 38,000 square feet of industrial space on 14.89 acres of the property and is expected to be completed by the end of 2022, Schwartz said.
“Southern Nevada’s industrial sector remains strong, and the continued construction of the Mountain West Industrial Park helps meet the growing demand for this type of space that exceeds local supply,” Schwartz added.
The CBRE Willmore Industrial and Logistics team oversees the marketing and leasing of Mountain West Industrial Park, located on the northeast corner of South Tenaya Way and West Post Road, just north of the 215 Beltway and approximately 9 miles east of west of Harry Reid International Airport.
Miltson Consulting is a Las Vegas-based real estate development company and asset manager focusing on commercial, office and industrial projects. The company provides complete solutions adapted to each design plan.