Cushman & Wakefield Represents Festival Tenant in 5-Year Lease Expansion within North Las Vegas Industrial Submarket

Insomniac takes an additional 107,000 sf at Lone Mountain Corporate Center LAS VEGAS– June 24, 2019 – Cushman & Wakefield announced today, Insomniac Holdings, LLC, a leading event management company with headquarters in Beverly Hills, California, has signed a 5-year lease at Lone Mountain Corporate Center in the North Las Vegas industrial submarket of Southern Nevada. Senior Directors, Alma Cuevas and Jason Griffis, from Cushman & Wakefield represented the tenant at the project. Insomnaic will occupy an additional 107,000 square feet of industrial space and double their existing, adjacent facility within the industrial complex. Insomniac oversees event management for popular shows including the Electric Daisy Carnival, Nocturnal Wonderland, and Audiotistic. According to Cushman and Wakefield’s research, more than 80% of all new distribution and logistics properties in the metro area are being constructed in North Las Vegas. The only other submarket with multiple industrial construction projects underway is the Southwest. [...]

2019-06-24T17:07:59-04:00June 24th, 2019|In the News|

Cushman & Wakefield Represents Canadian-based All Space Group for 33,750 Square Feet at North Park 1

PHOENIX, June 24, 2019 – Cushman & Wakefield announced today that Canada-based tradeshow event and design company, All Space Group, has signed a three-year lease for 33,750 square feet at North Park One, an industrial project located within the North Las Vegas submarket of Southern Nevada. The new location will function as a manufacturing and distribution hub for All Space Group. Brokerage team Alma Cuevas and Jason Griffis, Directors at Cushman & Wakefield, represented the tenant. “We selected Las Vegas because of its growing commitment to conventions and exhibitors,” said Tanya Miller, COO of All Space Group. “Vegas was a logical next step for us,” added Miller. According to the Las Vegas Convention and Visitor’s Authority, convention attendance reached 6.5 million during 2018. Over $6 billion of economic output is contributed to convention visitor spending which directly supported nearly 45,000 jobs. “Convention services has been a strong contributor to our [...]

2019-06-24T17:05:56-04:00June 24th, 2019|In the News|

Prominent Capital Markets Team Joins Cushman & Wakefield Las Vegas

Veteran Team Features Charles Moore, Marlene Fujita, Hunter Bradshaw and Bart DeBuono Moore-Fujita Team Photo: (left to right) Bart DeBuono, Marlene Fujita, Charles Moore, Hunter Bradshaw LAS VEGAS, June 5, 2019 – Cushman & Wakefield announced today that a nationally-leading Capital Markets team has joined the firm’s Las Vegas office. Led by Executive Directors Charles Moore, CSM and Marlene Fujita Winkel, CCIM along with Hunter Bradshaw, Associate and Bart DeBuono, Brokerage Coordinator, this accomplished group is regarded as one of the top investment sales teams in Southern Nevada. The Moore-Fujita team comes to Cushman & Wakefield most recently from CBRE, where they consistently ranked among the firm’s top brokers. With more than 50 years of collective experience, this veteran group has represented many of the industry’s top institutions and owners in Nevada, facilitating major commercial investment sales for both individual assets as well as portfolios. These have included significant [...]

2019-06-05T14:50:28-04:00June 5th, 2019|In the News|

Cushman & Wakefield Las Vegas Selected for Leasing Assignments by Three Investors with First-Time Entrance into Southern Nevada

  Las Vegas, Nevada, May 16, 2019 ---Cushman & Wakefield (CW) Las Vegas announced today the agency/leasing assignments of office product assets from three, out-of-state investors with first-time entrance into the Southern Nevada market. CW Las Vegas Senior Directors, Charles Van Geel and Jayne Cayton, along with Senior Associate, Matthew Kreft, will oversee the listing activities, on behalf of Hertz Investments, Royal Investors Group, and JMA Ventures, all California-based groups. “The long recovery in this market is mostly behind us, and we’re seeing the growth attracting out-of-state buyers and outside groups like never before, bringing much needed diversity into the market,” says Van Geel, a 20-year Nevada-based commercial real estate veteran. “It’s a good time for owners to assess their strategic positions in the market.” Hertz Investments entered the market with the purchase of Cheyenne Corporate Center -- a 324,000- square-foot, 10-building project situated in the northwest submarket of Las Vegas. The [...]

2019-05-22T11:51:05-04:00May 22nd, 2019|In the News|

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|