Subscribe in NewsGator Online
Receive our FREE weekly e-newsletter: 
HOME
5 Questions With...
Personnel
On-The-Market
Why CREFeed.com?
Introductory Advertising Rates


PROPERTY TYPE NEWS
Land
Office
Retail
Multi-Family
Industrial
Hotel/Resort
Self-Storage
College/University
Mixed Use

Site Search
clear
Browse By State
clear
Browse By Metro
clear
Browse By Broker
clear
Browse By Date
clear
Find A Broker
clear
Wednesday, May 23, 2012  

Office
clear
clear
clear
3/20/2008

New Growth Commercial finalizes $11.75M sale of two Las Vegas surgery centers


DSC00249.JPG
10195 W. Twain Ave.
clear
DSC00247.JPG
3820 S. Hualapai Way
Patriot/Reading Associates, LLC, a private real estate investor, has acquired two medical office buildings in Las Vegas, Nev., for $11.75 million from Venture Corporation.

Jason Lesley and Bridget Richards of New Growth Commercial Real Estate brokered the deal.

The two-story surgery centers are situated on 2.38 acres at 3820 S. Hualapai Way and 10195 W. Twain Ave. They contain a total of 26,872 square feet and sold with a 6.44 percent capitalization rate. Financing was sourced through the Community Bank of Nevada.

Patriot/Reading recently sold a 79,000 square foot flex building in Franklin, Mass., for $10 million.

Richards is a broker and the founder of New Growth Commercial. Prior to founding the company she was instrumental in integrating the office/industrial condo concept to Las Vegas while at Shea Commercial. She has closed over $57 million in sale and lease transactions and is the founder of the ELITE Networking Group.

Since 2007, Lesley has served as president of investment services with New Growth Commercial. He specializes in commercial property investment sales of retail, office, industrial and multi-family properties. Prior to joining New Growth he was employed with Grubb & Ellis and CB Richard Ellis and Homestore, Inc.

Address: 3820 S. Hualapai Way & 10195 W. Twain Ave., Las Vegas, Nev.

Size: 26,872 square feet

Filed Under: Office

E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us





Comments on this article
clear
clear
clear

No comments have been posted in the last 15 days!


Send us your comments on this article
clear
clear
clear



* - Required fields

Subject: *
Message: *
Contact Name: *
Contact URL:
Contact Email: *
This Is CAPTCHA Image
Write the characters in the image above:

Related Headlines
clear
clear
clear
Most Popular
clear