LAS VEGAS — SR Construction has completed construction of two of the Las Vegas Valley’s first neighborhood hospitals, North Las Vegas Campus and Blue Diamond Campus. The projects are a joint venture between Dignity Health and Emerus. The North Las Vegas Campus Neighborhood Hospital is located at 1550 W. Craig Road in North Las Vegas and was the first to be built in the state. The three-story building houses a licensed hospital on the first floor with 16 patient rooms. The hospital also has a diagnostic imaging suite, lab, inpatient waiting room, and space for primary care and specialty physicians, in addition to a wellness center. The Blue Diamond Campus Neighborhood Hospital is located at 4855 Blue Diamond Road. It was the second of four facilities to open. The 27,000-square-foot, two-story building mirrors a similar layout housing a licensed hospital on the first floor. It also has a diagnostic imaging suite, lab, inpatient waiting room and space for primary care and specialty physicians, in addition to a wellness center located on the second floor.
Nevada
HENDERSON, NEV. — Panattoni Development has completed a 482,300-square-foot industrial building at South 15 Airport Center in the Las Vegas submarket of Henderson. The building is situated on a 28-acre parcel on Executive Airport Drive. The $24 million project has a clear height of 36 feet. The project is the only large industrial development located in the south end of the valley, according to Panattoni. PDC USIF South 15 LLC, a joint venture between Panattoni Development and Hillwood, owns the property. Alston Construction built the asset, which Tectonics Design Group designed.
LAS VEGAS — JLL Income Property Trust has acquired Montecito Marketplace, a 190,000-square-foot shopping center located in Las Vegas, for $63 million. Smith’s Grocery and TJ Maxx anchor the fully leased property, which is home to national and regional retailers, restaurants, banks and personal service tenants. The seller in the transaction was undisclosed. Jones Lang LaSalle Income Property Trust Inc. is a REIT that owns and operates a portfolio of high quality office, retail, industrial and apartment properties across the U.S.
LAS VEGAS — Blueprint Studios Trends has leased an 81,000-square-foot space within the Southwest Corporate Campus in Las Vegas that formerly served as the headquarters of International Gaming Technology (IGT). The campus is located at 7900 W. Sunset Road. The studio plans to use the space to produce designs for large-scale events, including tradeshows, general sessions, exhibit booths, summits and sales kick-off meetings. Southwest Corporate Campus was completed in 2007. Notable neighboring tenants include IGT, IKEA, Pepsi, UFC, Freeman Company, Scientific Games, Ainsworth and Switch. The Naseef Team of Colliers International represented Blueprint. Susan Borst, Dan Doherty, Chris Lane and Jerry Doty of Colliers International represented the landlord, Panattoni Development.
LAS VEGAS — Farnam Realty has acquired the 430-unit Veritas Apartments in the Las Vegas submarket of Henderson for an undisclosed sum. The Class A community is located at 3370 St. Rose Parkway. Veritas Apartments was built in 2010. It offers one- to three-bedroom units. The building features four swimming pools, a covered patio with an outdoor kitchen, barbecue grills, a fitness center with a yoga room, and a clubhouse with gaming room and cyber café. JLL’s John Cunningham and Charles Steele represented executed the sale. The seller was Monogram Residential Trust.
LAS VEGAS — DC Building Group has completed construction on the Nevada Childhood Cancer Foundation and The Caring Place, which assists thousands of Southern Nevada residents every year. The 15,578 square-foot facility is located at 3711 E. Sunset Road. The facility will be referred to as the “Britney Spears Campus” due to her generous fundraising efforts of more than $1 million. The new structure combines more than 45 pediatric and adult services that were previously housed in two locations. Construction began on April 17. A grand opening celebration is scheduled for this October. The Nevada Childhood Cancer Foundation provides social, educational, financial and psychological support services and programs to families of children diagnosed with life threatening or critical illnesses. Penta Building Group acted as subcontractor, while Almany Architecture designed the space.
LAS VEGAS — Atlanta-based Peak Campus has been awarded management of Rebel Place in Las Vegas, along with three other student housing communities in Texas and North Carolina. Waypoint Campus Housing, an affiliate of Waypoint Residential, purchased the 2,062-bed portfolio. Each community is located minutes from campus, and offers shared amenities including clubhouses with gaming stations, resort-style pools, business centers and computer labs, study rooms, sports courts, and outdoor social and grilling areas.
HENDERSON, NEV. — At Home Group Inc. has opened its first Nevada location in Henderson. The home décor superstore is the company’s westernmost location as it enters its 33rd state. Nevada’s first At Home is more than 140,000 square feet and offers over 50,000 home décor items from furniture, mirrors, rugs, art and housewares to tabletop, patio and seasonal items, including more than 100 different Christmas tree varieties. The Henderson At Home is one of more than 25 new store openings this year for the home décor chain. The company is headquartered in Plano, Texas, and currently operates 136 stores in 33 states.
LAS VEGAS — Chicago Pacific Founders (CPF) and its subsidiaries, CPF Living Communities and Grace Management Inc., have acquired Acacia Springs, a 160-unit seniors housing community in Las Vegas. This is CPF Living’s third property in the state of Nevada. Grace Management will take over operations of the community. The property is near the Red Rock Casino and 13 miles from the Las Vegas strip. The sale price was not disclosed, but Aron Will of CBRE National Senior Housing arranged $13.5 million in Fannie Mae acquisition financing for the deal. The seven-year, non-recourse loan features 3.5 years of interest-only payments.
Eyzenberg & Co. Arranges $18.1M Refinancing for The Shoppes at Harmon Square in Las Vegas
by Nellie Day
LAS VEGAS — Eyzenberg & Co. has secured an $18.1 million refinancing for The Shoppes at Harmon Square, a 31,384-square-foot retail center located across from the Hard Rock Hotel & Casino in Las Vegas. Tenants at the newly renovated center include Dunkin’ Donuts, Subway, 7-Eleven, Liquor World, Tropical Smoothie and Roberto’s Tacos. David Eyzenberg, Jeff Conti and Elena Vlasyuk of Eyzenberg & Co. arranged the fixed-rate senior secured loan on behalf of the owner, HD Harmon Square LLC. Benefit Street Partners provided the capital.