Colliers

Will Gaming Drive the Recovery? – October 1st 7:30 AM

Posted by admin on September 25, 2009
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Join us for our Industry Roundtable Event

October 1st, 7:30 A.M. in the Acacia Ballroom at the Four Seasons

Colliers International – Las Vegas will hold its second quarterly roundtable event on October 1st at the Four Seasons Hotel in Las Vegas.

The event, which will include guest speakers from Union Gaming and Colliers, will begin at 7:30 a.m. with a continental breakfast, followed by a panel of speakers at 8 a.m., and closing with an open discussion about the market. Topics will include the current economy, Colliers’ Las Vegas market overviews and potential for growth and expansion moving forward. “Can gaming once again propel a speedy recovery of the local economy?” said Mike Mixer, Managing Partner of Colliers’ Las Vegas office. “Many people are looking to the gaming industry and the success of projects such as CityCenter to lead the way”.

UPDATED: Guest speakers will include:

  • Trina Bushman, Business Development – Tradewinds Construction
  • Kenneth Perlman, Vice President – Sullivan Group
  • Grant Govertsen, Principal & Analyst – Union Gaming
  • John Stater, Research & GIS Manager – Colliers Las Vegas

Pre-registration is $25, $30 at the door. To RSVP, contact Gina Jones at gjones@lvcolliers.com

In 2009, Colliers International became the first Las Vegas-based brokerage firm to release its quarterly market report on the first day after the quarter ends. The Las Vegas office plans to again release the market report on the first business day following the end of the quarter, and is hosting the event as a supplement to the report.

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Panattoni Development Company Acquires Bank-owned Las Vegas Project

Posted by admin on August 20, 2009
Press Releases & Announcements / No Comments

LAS VEGAS (August 20, 2009) – Doug Roberts, Senior Vice President/Project Principal for the Las Vegas division of Panattoni Development Company, announced today the company has closed escrow on a 19-acre office and industrial project located near Buffalo and Post roads, approximately one-half mile north of the I-215 and in the Southwest submarket of Las Vegas.

The project consists of eight completed industrial buildings totaling approximately 72,656 square feet, as well as four completed office buildings totaling approximately 25,896 square feet. The office buildings range from 6,150 square feet to 7,446 square feet in size. The project also includes 11 acres of fully improved land for a build-to-suit or sale.

The buildings will be marketed for sale, lease or lease with an option to purchase. The land will be marketed for sale or for build-to-suit. The commercially-zoned, improved property can be subdivided down to 2.5 acres and pricing starts at $100 per square foot.

“This was a very unique opportunity to purchase a well constructed and well located project in the southwest, where there is a minimum of competition for these small industrial buildings at a competitive basis,” Roberts said. “The excess land can be held for future BTS or speculative construction or sold outright given the right offer.”

Colliers International’s Pat Marsh and Eric Molfetta are the listing agents.

Panattoni Development Company (PDC) is a privately held, full service development company founded in 1986 by Carl Panattoni.  During the last five years the firm has averaged nearly 15 million square feet of development annually, one of the most active records in the nation.  PDC has developed and managed industrial, office and retail facilities in more than 100 markets throughout the United States.  The firm is headquartered in Sacramento, California, and maintains more than19 regional offices across the country.  For more information about Panattoni Development Company, visit the company Web site at www.panattoni.com.

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