Las Vegas Commercial Real Estate Million Dollar Deals

Sandy Lake Apartments was purchased by National Commercial Ventures. The Sandy Lake Apartments is a 144 unit complex in Las Vegas at 3650 E. Lake Mead Blvd. for $11.9 million, or $82,638 per unit, from Sandy Lake Properties LLC.

The Willows at Lone Mountain real estate was purchased by National Commercial Ventures LLC bought the 98-unit apartment complex at 3540 N. Hualapai Rd. for $12.8 million, or $130,612 per unit, from Chartered Development.

The Willows at Sunrise Mountain was purchased by National Commercial Ventures. The 98-unit apartment complex at 6435 Grass Meadows Drive was purchased for $11,525,000, or $117,602 per unit, from Chartered Development.

Painted Hair Salon & Spa signed a five-year lease, $1,138,907 for 2,400 square feet of retail space in Las Vegas Centennial Corporate Center at 5570 Painted Mirage Road, Suite 130. The reported average rent equals $7.90 per square foot.

Commercial real estate in Las Vegas Emerald Suites was bought by L.A. Wilshire Corp. The 168-unit real estate located Nellis at 4555 N. Las Vegas Blvd. for $15.75 million, or $93,750 per unit, from Mona Co. Development.

Michael P. Webberson, DDS, signed a five-year, $1,132,428 commercial lease for 2,277 square feet of medical office space in Las Vegas Centennial Corporate Center at 5590 Painted Mirage Road, Suite 140. The reported average rent equals $8.28 per square foot.

Silverado Dumaie I of Agoura Hills, Calif., bought a new 7,683-square-foot Las Vegas retail building in the real estate of Silverado Ranch Shopping Center at 440 E. Silverado Ranch Blvd. for $5.22 million, or $679 per square foot, from Silverado Wellington. Source: LV Business Press

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Las Vegas commercial real estate million dollar transactions.