Las Vegas apartment complex brings $2.25 million

deal watch

▶ Olive Apartments, an 85-unit complex at 2300 Olive St., Las Vegas has been sold for $2.25 million. NAI Vegas’ Sauter Multifamily Group represented the seller, Olive Apartments LLC. The buyer of the 37-year-old property, which sold for $26,470 per door, was Olive Properties LLC.

COMMERCIAL PROPERTY SOLD

▶ Sam Scaletta of MDL Group represented Cogent A13138 Investors LLC in its $1.1 million purchase of a 12,893-square-foot industrial property at 3430-3450 Polaris Ave. Dennis Perri of Ehsan Realty LLC represented the buyer, investor Polaris Pollux LLC.

▶ NEVDPSS Holdings LLC bought the approximately 6,195-square-foot office property at 4001 Meadows Lane in Las Vegas. The transaction value was $630,000. Stacy Scheer of Colliers International

represented the seller, ANKALOVIC Inc. ▶ Hospitality Partners LLC purchased the approximately 5,126-square-foot office property at 3632 Sunset Road in Las Vegas. The transaction value was $400,000. Bridget Richards and Jason Lesley of Colliers International represented the seller, Sunset Pecos II LLC.

Leases of note

▶ Kit Graski and George Okinaka of Voit Real Estate Services/CORFAC International represented Ulta Beauty Salon Cosmetics &Fragrance in the lease of 10,970 square feet of retail space in Lake Mead Crossing at the corner of Lake Mead Parkway and Water Street in Henderson. The landlord is Lake Mead Crossing, LLC. ▶ SWCA Environmental Consultants leased the approximately 10,968-square-foot office property at 7210 Placid St. in Las Vegas. Taber Thill, Ryan Martin and Patti Dillon of Colliers International represented the lessee. ▶ Smart Software Solutions Inc. leased the approximately 6,725-square-foot office property at 4675 W. Teco Ave. in Las Vegas. Patti Dillon, Taber Thill and Ryan Martin of Colliers International represented the lessee. ▶ Elite Relocations LLC leased the approximately 13,330-square-foot industrial property at 4320 N. Lamb Blvd. in Las Vegas. Dan Doherty, Susan Borst, Chris Lane, and Jerry Doty of Colliers International represented the lessor, Roberts Ranch Venture LP. ▶ Ice Now LV LLC leased the approximately 4,800-square-foot industrial property at 6171 McLeod Drive in Las Vegas. Spencer Pinter, Dan Doherty, Susan Borst, Chris Lane, and Jerry Doty of Colliers International represented the lessor, BKM Patrick 102 LLC. ▶ East Coast Aviation Supplies Inc. leased the 12,155-square-foot industrial property is located at 7540 Dean Martin Drive in Las Vegas. Spencer Pinter, Dan Doherty, Susan Borst, Chris Lane, and Jerry Doty of Colliers International represented the lessor, KTR LV Loan II LLC. ▶ McGee &McGee Wine Merchants LLC leased the 11,302-square-foot industrial property at 6283 S. Valley View Blvd., Suite E in Las Vegas. Spencer Pinter of Colliers International represented the lessor, Valley View I, II, &III LLC. Dan Doherty, SIOR, Susan Borst, CCIM, Chris Lane, and Jerry Doty of Colliers International represented the lessee. ▶ William Shaun LLC leased the approximately 4,800-square-foot industrial property at 6295 S. Pearl St., Suite 1000, in Las Vegas. Spencer Pinter, Dan Doherty, Susan Borst, Chris Lane, and Jerry Doty of Colliers International represented the lessor, KTR LV IV LLC.

▶ Turn of Event Productions LLC leased the 10,350-square-foot industrial property at 6265 S. Valley View Blvd., Suite A, in Las Vegas. Spencer Pinter of Colliers International represented the lessor, Valley View I, II, &III LLC.

▶ Firebird Services LLC leased the 1,959-square-foot industrial property at 7705 Commercial Way, Suite 105 in Henderson. The transaction value was $37,123. Mike De Lew and Greg Pancirov of Colliers International represented the lessor, VFC III LLC.