ROI Commercial Real Estate is pleased to announce our newest designee - congratulations to Chris Waldburger!
The Parq at Camino is located just behind the Craig Camino Shopping Center along the Craig Road retail corridor.
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Area 15's 85,000 square feet expansion includes includes a decommissioned Boeing 747 aircraft to be repurposed for events. Leasing is being handled by ROI's Sorrentino Retail Group - Las Vegas' Experiential Experts.
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The CoStar Power Broker Quarterly Deals honor the very best transactions in commercial real estate every quarter. ROI Commercial Real Estate, one of Las Vegas' leading brokerage firm is pleased to announce that four of our retail leasing brokers were named among the Top Retail Leasing Deals and have been honored with the 2Q 2023 CoStar Power Broker Award.
Congratulations to Dan Adamson, Todd Boyer, Robin Civish (CCIM) and Carina Roper.
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Macy's announced they are launching new small-format stores in four locations this fall. That includes Las Vegas, Boston, San Diego, and Highland, Indiana. The location in Las Vegas will be at Arroyo Market Square near Rainbow Boulevard and the 215 Beltway .
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Daiso is set to launch it's 7th location with the grand opening at Sahara Pavilion North in Las Vegas, Nevada on September 9th. The new Daiso store at Sahara Pavilion North encompasses 7,499 square feet and promises to be a haven for shoppers seeking quality merchandise at affordable prices.
ROI's Graski Retail Team exclusively represent Daiso in Las Vegas.
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DEALS DONE!
Shake Shack is set to open it’s first drive-thru store at Craig Camino shopping center located at Craig Rd & Scott Robinson in North Las Vegas, next to Café Zupas. It’s the chain’s seventh location in Southern Nevada.
The Adamson team at ROI Commercial exclusively represent the Landlord at Craig Camino.
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Daiso, Japan’s favorite retail dollar store officially opened its first store in the State of Nevada last December 29, 2021. The 6,000 SF store is located at Arroyo Market Square - 7285 Arroyo Crossing Pkwy, Las Vegas, NV 89113.
The Daiso Las Vegas store grand opening marks the Japanese company’s 80th retail storefront to open in the contiguous United States. The chain is planning additional stores in the area including upcoming locations in Summerlin and Henderson.
George Okinaka, Jonathan Serrano, Kit Graski and Maureen Waters of ROI’s The Graski Retail Team exclusively represent Daiso in Las Vegas and also represent the Landlord at The Arroyo Market Square.
State officials confirm Nevada will move to March 15 loosening of restrictions for large gatherings.
Under Directive 041, effective March 15, if an organizer wants to host a large gathering or event, including conferences, conventions and trade shows, with more than 250 people they may now have up to 50 percent
capacity.
The biggest fortunes are out West.
Eight of the top 10 states in our study are located in the West, per Census Bureau designations. Million-dollar earners in Washington, Utah, Oregon, Idaho, Arizona, Colorado, Hawaii and Nevada nearly doubled from roughly 26,000 in 2013 to almost 51,100 in 2018.
The $850 million project near the Las Vegas Strip is designed to have no on-site gambling and no smoking.
Majestic Las Vegas is scheduled to begin construction this summer and be completed in 2024.
A pair of land use proposals submitted to Clark County revealed that Boring’s new plan includes two routes on and around the Las Vegas Strip. One route would transport people to dozens of casino hotels on the Strip, Allegiant Stadium, McCarran International Airport and downtown Las Vegas. The other line would connect every Caesars-owned resort in the city, including Caesars Palace, Paris Las Vegas, the LINQ, Bally’s, The Cromwell, Harrah’s and Planet Hollywood Resort.
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Congratulations to the Graski Retail Team of ROI Commercial Real Estate for making this possible.
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Target opens it's first “small-format” store and the 15th store in the Las Vegas area, spans around 20,000 square feet and is located where the Smith & Wollensky steakhouse building formerly stood.
ROI Commercial Real Estate founder Dan Adamson, who represents Target locally in finding new sites, said the Strip made sense for the company because of the density of tourists strolling Las Vegas Boulevard’s sidewalks.
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Robin Civish, CCIM - the President of Commercial Alliance Las Vegas and member of the Boyer-Civish Team at ROI Commercial, told 8 News Now about how the position of development projects in the southwest could help retail businesses pick back up.
Read MoreROI Commercial's Carina Roper and the Graski Retail Team were selected as the 1st Quarter 2020 winners of the CoStar Power Broker - Top Retai Leases category. Beginning this year, CoStar is recognizing the largest leases completed each quarter and the dealmakers who made them happen in their respective market.
This gated master-planned community located in Craig Ranch offers four new home collections and many ameniteis such as a 3.5-acre community park and over 5 miles of walking trails.
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New Year, new location!
Dutch Bros opened it's newest location at 4360 N. Rancho Drive near Craig Road.
Additional stores expected to open soon are located in:
Hear what JLL Americas research director James Cook has to say about Area15's new dining, entertainment and retail space on his podcast "Where We Buy."
Listen to the full podcast on the Web, Apple podcasts or Spotify.
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Todd English joins Area 15!
Here is a look at 18 of the biggest restaurant openings coming to Las Vegas this year from celebrity chefs such as Thomas Keller, Wolfgang Puck, Buddy Valastro, David Chang, Gordon Ramsay, and so many more!
Our very own Robin Civish, CCIM shares her thoughts on commercial real estate outlook in this article published by Nevada Business Press:
In commercial real estate, rising population and growth in retail sales may spur development of more shopping center space in Southern Nevada, says Robin Civish, president of Commercial Alliance of Las Vegas, a professional group for the commercial real estate sector.
“Because of the lack of retail development since the end of the recession, vacancy has continued to decline to as low as 6.5 percent overall in Las Vegas,” Civish says. “Prime retail spaces are hard to find. The majority of the vacancy is in vacant big-box spaces and poorly positioned strip centers.” As vacancies have declined, rents in some areas are moving up.
Read full article here
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Deron Conway represented Big Lots in the lease at Sahara and Decatur.
Read MoreDan Adamson has leased Taiwanese pastry chain, 85°C Bakery Cafe at Shanghai Plaza which opens December 6.
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Black Bear Diner and Chick-Fil-A join the restaurant lineup along this Craig Rd corridor
Read MoreCongresswoman Susie Lee joins ROI Commercial's Dan Adamson, Jennifer L Ott and other ICSC local members in a tour of The District at Green Valley Ranch last August 19.
ICSC Legislator Site Visits are designed to educate legislators on trends and issues facing the retail real estate industry.
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It’Sugar, the largest specialty candy retailer in the world, has opened a new location at Grand Bazaar Shops - an outdoor district located on the Las Vegas Strip at the entrance to Bally's Las Vegas.
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First out-of-state expansion of California Fish Grill coming soon at Rainbow Commons located at Rainbow and Sunset.
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Commercial Alliance Las Vegas (CALV) elects Cathy Jones (Sun Commercial Real Estate) as president of the commercial real estate organization starting Jan. 1.
Other members of the 2019 CALV Board of Directors, including their professional designations, their company and their position on the CALV board, include:
Article quotes Brian on the opening of Cipriani and Urth Cafe at Wynn Plaza
Both restaurants have large, loyal followings and should do well locally, said Brian Sorrentino of Las Vegas area commercial real estate firm ROI.
“They will become an amenity to the resort,” Sorrentino said.
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Since 1988, the Greater Las Vegas area’s CCIMs have organized as the Southern Nevada CCIM Chapter, a group that welcomes CCIMs, CCIM candidates (those working toward the designation) and non-CCIM industry affiliates as members. Anyone can join the chapter and at any time. Today, membership exceeds 250 individuals.
(Photo: Nevada Business)
Sprouts Farmer's Market and Del Taco join tenant mix at Rainbow Plaza
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Planned retail at Sunset & Rainbow SEC - In N Out and 7-Eleven join the tenant mix
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Dan Adamson represented Target on the purchase of the former Smith &Wollensky building on the Strip. The small-format Target store will open in 2020.
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The Las Vegas resort corridor has recently proven itself a place for brands to test product success with people from all over the world, said Brian Sorrentino of Las Vegas area-based ROI Commercial Real Estate. “At the end of the day, to be successful online, you have to have a store,” Sorrentino said.
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LAS VEGAS (KSNV News3LV) — An empty lot now, but within a year the experts say the area near Saint Rose Parkway and Amigo Street will be bustling, and residents near the growing Inspirada development of Henderson are ready.
"We've been hearing about the Costco for over a year and we've been waiting," said one resident.
Now it's confirmed, A fifth Costco warehouse in Southern Nevada will break ground within months; the site already approved by the city.
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Specialty supermarket Seafood City will open its Henderson location next year and has plans for another spot in the Las Vegas Valley.
The Henderson location is inside an old Kmart near the intersection of Eastern Avenue and Horizon Ridge Parkway.
The new location, near the intersection of Rainbow Boulevard and the 215 Beltway, is inside an old Sport Chalet.
The Rainbow supermarket brings weekly shoppers to the Arroyo Market Square, said Kit Graski, director at the ROI commercial real estate firm and a representative of the landlord.
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Both locations are located in Henderson - at 460 N Stephanie St (near Warm Springs) and 9925 S Eastern Ave (just north of St Rose Pkwy)
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Brian Sorrentino was interviewed by New3LV in connection with the opening of furniture retailer Living Spaces at Boca Park
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Jim Hill represented the seller, UFC, in the sale of 5,139 SF building located at 2970 W Sahara Ave. Other UFC portfolio which Jim is handling include 4,002 SF building at 2880 W. Sahara is listed for $1.7 million and its main building – a 22,897-square-foot property at 2960 W. Sahara with underground parking, a gym and a professional kitchen – is listed for $11 million.
Dan Adamson represented both the buyer and seller in the sale of 100,831 SF retail property located at 1941 N. Decatur Boulevard in Las Vegas. (Photo: Power Broker Confidential)
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Todd Boyer represented Black Bear Diner in the purchase of the property located at 7680 Las Vegas Blvd. South near the intersection with Warm Springs Road. This location will be Black Bear Diner's fourth Las Vegas store which is scheduled to open in the second quarter 2017.
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We are proud to be a part in bringing Chick-Fil-A to Las Vegas.
A few highlights on the Retail Trends:
Commercial volume fell 11% in 2016 based in large part to a 30% YOY decline in portfolio and entity-level transactions. Las Vegas jumped into the top 25 Most Active Markets YOY in 2016 due to three major mall transactions. Three of the top 10 property sales in the US were in Las Vegas (Fashion Show, Crystals and Miracle Mile Shops).
Find out about available commercial space. Compiled by Vegas Inc and ranked by the amount of available square feet as of Feb. 2017.
Read MoreA few highlights on the Retail Trends:
Commercial volume fell 11% in 2016 based in large part to a 30% YOY decline in portfolio and entity-level transactions
Las Vegas jumped into the top 25 Most Active Markets YOY in 2016 due to three major mall transactions
Three of the top 10 property sales in the US were in Las Vegas (Fashion Show, Crystals and Miracle Mile Shops)
Catch us at the Retail Brokers Network Booth #C111 Union St, Central Hall at the Las Vegas Convention Center
ROI is proud to be selected by CoStar Group, commercial real estate's leading independent research firm, as 2016 CoStar Power Broker Award - Top Leasing Firm for nine consecutive years. In addition, Dan Adamson, and Jim Hill was also selected for Costar Power Broker Award - Top Retail Leasing Brokers.
A complete list of the CoStar Power Broker Award winners for the Las Vegas market can be found here.