Nourison Selects Las Vegas for its First West Coast Distribution Facility

Photo L-R: Nourison President Andrew Peykar, Jason Griffis, Alma Cuevas, Nourison VP of Warehouse Operations John Cross, with the new Nourison facility under construction behind them. Las Vegas, NV – February 13, 2019 --  New Jersey-based Nourison Industries, a leading floor covering and home accents manufacturer, has selected North Las Vegas as its regional distribution facility – signing a long-term lease for approximately 121,000 square feet. Nourison will occupy a portion of the Prologis I-15 Speedway Logistics Center, located at 5245 N. Sloan Ln., a speculative industrial business park developed by San Francisco-based REIT, Prologis. The new location will serve the Pacific Northwest, West Coast, Southwest, and Mountain States, increasing its speed-to-market and delivery times. The 376,264 square foot building is fully leased and scheduled for completion by Q2 2019. Cushman & Wakefield’s Directors, Alma Cuevas, and Jason Griffis – industrial specialists in the Las Vegas office, managed the requirement [...]

2019-03-13T15:20:57-04:00March 13th, 2019|In the News|

Cushman & Wakefield Represents Torchlight on the Sale of Charleston & Valley View in Las Vegas

Unique Auction Investment Sale   LAS VEGAS, Nevada – March 1, 2018 In today’s commercial real estate climate, where auctions are stereotyped as “distressed” assets, Cushman & Wakefield (C&W) brokers Bob Hawkins and Neil Sorkin had tremendous success with an “auction sale” that yielded much higher than expected interest and pricing in today’s stabilized marketplace. Sold in November 2018 for $12,068.00, the 85,868 square foot property located at 3811-3841 W. Charleston Blvd, Las Vegas is anything but distressed. In fact, it represents the booming and robust market that is Las Vegas. The final selling price exceeded client expectations. “Typically, auctions were the vehicle for soft markets when interest was thin or during downturns in the market, No longer the case, today’s auction platforms are providing a vibrant response from a wide array of buyers from all disciplines – both private capital and individuals,” says C & W Managing Principal, Nevada, [...]

2019-03-12T14:26:04-04:00March 12th, 2019|In the News|

Cushman & Wakefield Las Vegas Retained for Major Power Center in SW Las Vegas

LAS VEGAS, NEVADA – March 1, 2019 – Cushman & Wakefield (C &W) Las Vegas has procured the exclusive agency leasing assignment for the Tropicana Beltway power center near Tropicana and the 215 Beltway in southwest Las Vegas. Previously leased by the former owners in-house for over 15 years, the Tropicana Beltway Center features a national tenant mix, with major anchors Lowe’s and Walmart.  C&W Senior Director, Dan Hubbard, successfully procured the assignment which is located at the southeast corner of Tropicana Avenue and Fort Apache Road. This major regional shopping center features more than 50 retailers including Bank of America, Office Depot, Ross Dress for Less, Office Depot, 99-cent Only, Applebee’s and Starbucks, Chase Bank, IHOP, Del Taco, Burger King, El Pollo Loco, in addition to Lowe’s & Walmart. “We were up against some major competitors,” says Hubbard. “Procuring this assignment speaks to our expertise in the marketplace and [...]

2019-03-12T14:29:21-04:00March 6th, 2019|In the News|