Press Release | Sale and Lease Transactions

LAS VEGAS (December 20, 2017) —Sun Commercial Real Estate Inc. announced today the closing of the following transactions:

The Sale of a multi-tenant office investment was completed on December 15, 2017. The 74,010 square foot property is located at 6140 & 6180 Brent Thurman Way, Las Vegas, NV 89148. The total value of the transaction was $17,000,000.00. Cathy Jones, Paul Miachika, Roy Fritz, Jessica Cegavske and Jennifer Lehr of Sun Commercial Real Estate, Inc. represented the Seller, RCS – Red Rocks, LLC and Nevada Development & Realty Co. represented the Buyer, Noval Limited Partnership.

The Lease with S&C Claims Services, Inc. was completed on December 1, 2017. The 9,941 square foot office space is located at 7881 W. Charleston Boulevard, Suite 210 & 240, Las Vegas, NV 89117. The total value of the transaction was $1,192,920.00. Paul Chaffee and Wil Chaffee of Sun Commercial Real Estate, Inc. represented the Landlord, Howe Family L.P. and Specialists Real Estate represented the Tenant, S&C Claims Services, Inc.

The Lease with Grand Adventure.com, Inc., was completed on December 1, 2017. The 2,800 square foot industrial space is located at 4275 W. Bell Drive, Suite 12, Las Vegas, NV 89118. The total value of the transaction was $161,280.00. Lisa Hauger and Timothy Erickson of Sun Commercial Real Estate, Inc. represented the Landlord, The Prince Group and the Tenant was unrepresented.

The Lease with David J. Winterton & Associates, LTD was completed on December 1, 2017. The 2,118 square foot office space is located at 7881 W. Charleston Boulevard, Suite 220, Las Vegas, NV 89117. The total value of the transaction was $151,882.10. Paul Chaffee and Wil Chaffee of Sun Commercial Real Estate, Inc. represented the Landlord, Howe Family L.P. and Cushman & Wakefield represented the Tenant, David J. Winterton & Associates, LTD.

The Lease with La Bodega, LLC was completed on November 16, 2017. The 2,098 square foot industrial space is located at 3855 S. Valley View Boulevard, Suite 1, 48-49, Las Vegas, NV 89103. The total value of the transaction was $75,041.86. Paul Chaffee, Wil Chaffee and Debbie German of Sun Commercial Real Estate, Inc. represented the Tenant, La Bodega, LLC.