REGIONAL JUSTICE CENTER BANK OF AMERICA FINANCIAL CENTER
LAS VEGAS DOWNTOWN LAS VEGAS CLARK COUNTY SHERIFF’S JUHL LOFTS CITY HALL CIVIL PROCESS SECTION
CLARK COUNTY DETENTION CENTER
RTC BIKE CENTER
CASINO CENTER BLVD. // 11,400 CPD GARCES AVE.
S. 1ST ST.
FOR SALE OFFERING MEMORANDUM
CAMERON GLINTON Vice President 702.954.4150 1ST ST. & GARCES [email protected] S.0170880 LAND CONFIDENTIALITY AGREEMENT
This Offering Memorandum contains select information pertaining to the business and By acknowledging your receipt of this Offering Memorandum from LCRE, you agree: affairs of 701 & 715 S 1st St. Las Vegas, NV 89101. This Memorandum was prepared 1. The Offering Memorandum and its contents are confidential; based on information supplied by Seller and Broker. It contains selected information about 2. You will hold it and treat it in the strictest of confidence; and the Property and the real estate market, but does not contain all the information necessary 3. You will not, directly or indirectly, disclose or permit anyone else to disclose this to evaluate the acquisition of the Property. The financial projections contained herein (or Offering Memorandum or its contents in any fashion or manner detrimental to the in any other Confidential Information) are for general reference only. The projections are interest of the Seller. based on assumptions relating to the general economy and local competition, among other factors. Accordingly, actual Seller and LCRE expressly reserve the right, at their sole discretion, results may vary materially from such projections. Various to reject any and all expressions of interest or offers to purchase the documents have been summarized herein to facilitate Property and to terminate discussions with any person or entity reviewing your review; these summaries are not intended to be a this Offering Memorandum or making an offer to purchase the Property comprehensive statement of the terms or legal analysis of unless and until a written agreement for the purchase and sale of the such documents. Property has been fully executed and delivered.
The information contained in this Offering Memorandum A prospective purchaser’s sole and exclusive rights with respect to this is confidential and furnished solely for the purpose of a prospective transaction, the Property, or information provided herein review by a prospective purchaser of the Property. It is not or in connection with the sale of the Property shall be limited to those to be used for any other purpose or made available to any expressly provided in an executed Purchase Agreement and shall be other person without the written consent of Seller or Logic subject to the terms thereof. In no event shall a prospective purchaser Commercial Real Estate (LCRE). The material is based in have any other claims against Seller or LCRE or any of their affiliates or any part upon information supplied by the Seller and in part of their respective officers, Directors, shareholders, owners, employees, upon financial information obtained from sources it deems or agents for any damages, liability, or causes of action relating to this reliable. Seller, nor their officers, employees, or agents solicitation process or the marketing or sale of the Property. makes any representation or warranty, express or implied, as to the accuracy or completeness or this Offering This Offering Memorandum shall not be deemed to represent the state Memorandum or any of its contents and no legal liability of affairs of the Property or constitute an indication that there has been is assumed or shall be implied with respect thereto. While no change in the state of affairs of the Property since the date this the information contained in the Memorandum and any other Confidential Information is Offering Memorandum. believed to be reliable, neither Broker nor Seller guarantees its accuracy or completeness. Due to the foregoing and since the Property will be sold on an “As Is, Where Is” basis, a LCRE has a policy of proactive broker cooperation with the investment brokerage prospective purchaser must make its own independent investigations, projections, and community. If applicable, a cooperating broker fee of the sales price shall be paid at closing conclusions regarding the acquisition of the Property without reliance on this Memorandum to cooperating broker that procures and represents the buyer that acquires this property. or any other Confidential Information. Although additional Confidential Information which If applicable, cooperation does not include brokers that represent themselves as Principals may include engineering, environmental or other reports may be provided to qualified or broker’s whose member of his immediate family is participating in the purchase of the parties as marketing proceeds, prospective purchasers should seek advice from their own property. No broker will be recognized on a prospect that has previously contacted or been attorneys, accountants, engineers, environmental and other experts. contacted by the Seller or the Seller’s representatives.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT LISTING AGENTS FOR MORE DETAILS. CONTENTS
1 EXECUTIVE SUMMARY 4 MAPS, AERIALS, AND PLANS 10 MARKET OVERVIEW BROKERAGE CAPITAL MARKETS CAMERON GLINTON JEFF MAHONEY Vice President Vice President 702.954.4150 702.954.4131 [email protected] [email protected] S.0170880 NMLS # 1724377 NV LIC # 62248 EXECUTIVE SUMMARY
MAPS, AERIALS, AND PLANS
MARKET OVERVIEW NEWPORT LOFTS 1
LAS VEGAS STRIP
ECLIPSE THEATERS
CASINO CENTER BLVD. // 11,400 CPD
S. 1ST ST. 1ST ST. & GARCES EXECUTIVE SUMMARY LAND
PROPERTY OVERVIEW
LOGIC Commercial Real Estate is pleased to present the opportunity to The property is located in the Office Core prime redevelopment area of purchase a rare .81 Acres of Land on the Southeast Corner of 1st and Garces downtown Las Vegas. The propery was a Walk Score of 75 (very walkable) and Ave in downtown Las Vegas. The land is comprised of two adjacent parcels 701 a Transit Score of 71 (Excellent Transit). The site has approximately 250 square S 1st (.49 Acres) and 715 S 1st. (.32 Acres). The property features curb, gutter, feet of frontage along 1st. St, and 143 square feet along Garces Ave. sidewalk, electricity, gas, sewer, and water improvements.
REGIONAL JUSTICE CENTER BANK OF AMERICA FINANCIAL CENTER
LAS VEGAS DOWNTOWN LAS VEGAS CLARK COUNTY SHERIFF S JUHL LOFTS CITY HALL CIVIL PROCESS SECTION
CLARK COUNTY DETENTION CENTER
RTC BIKE CENTER
CASINO CENTER BLVD. // 11,400 CPD GARCES AVE.
S. 1ST ST.
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof. 2 EXECUTIVEEXECUTIVE SUMMARYSUMMARY
1ST ST. & GARCES LAND
REGIONAL PROPERTY DETAILS JUSTICE CENTER BANK OF AMERICA Cross Streets: 1st St. & Garces Ave. FINANCIAL CENTER Sale Price: Contact Broker LAS VEGAS DOWNTOWN LAS VEGAS CLARK COUNTY SHERIFF S JUHL LOFTS CITY HALL CIVIL PROCESS SECTION Parcel Number: 139-34-310-020,021
CLARK COUNTY Land Size: +/- 0.81 AC (0.49 AC + 0.32 AC) DETENTION CENTER Submarket: Downtown/ Arts District Zoning: C-M (Commercial Industrial District)
RTC BIKE CENTER
INVESTMENT HIGHLIGHTS This rare opportunity is located within walking distance of the 61-acre Symphony Park which is home to the Cleveland Clinic Lou Ruvo Center for
CASINO CENTER BLVD. // 11,400 CPD Brain Health, Smith Center for Performing Arts and the Discovery Children’s GARCES AVE. Museum. Other nearby destinations include the 5.1 Million-square foot World Market Center, the 175-store Las Vegas Premium Outlets, and the site is just two blocks east of the Clark County Government Center. Within a half-mile of the site are some of Las Vegas’ most anticipated new development projects including the planned 324-unit Auric Symphony Park apartment and retail complex, the new 315,000 square foot downtown convention center, and the S. 1ST ST. 777 room Circa Resort & Casino to name a few.
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof. 3 EXECUTIVE SUMMARY
MAPS, AERIALS, AND PLANS 4 MARKET OVERVIEW MAPS, AERIALS, AND PLANS
SUBJECT
REGIONAL JUSTICE CENTER BANK OF AMERICA FINANCIAL CENTER
LAS VEGAS DOWNTOWN LAS VEGAS CLARK COUNTY SHERIFF S JUHL LOFTS CITY HALL CIVIL PROCESS SECTION
CLARK COUNTY DETENTION CENTER
RTC BIKE CENTER
CASINO CENTER BLVD. // 11,400 CPD GARCES AVE.
S. 1ST ST.
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 5 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. MAPS, AERIALS, AND PLANS
CASHMAN CENTER
Las Vegas Club E. BONANZA RD.
WORLD THE MARKET SMITH CENTER CENTER US 95 // 158,000 CPD
Map types andClark header County titles are subject to change based on agent requirements S. MAIN ST. Regional Justice Center STEWART AVE.
LAS VEGAS LAS VEGAS ACADEMY PREMIUM SUBJECT OUTLETS NORTH Federal FREMONT ST. // 9.925 CPD Courthouse N. MARYLAND PKWY. AND RTC CLARK COUNTY Newport Lofts
I-15 // 261,000 CPD
LAS VEGAS BLVD.
Urban Lofts Urban SOHO Lofts Lofts
E. CHARLESTON BLVD. // 34,213 CPD
S. MOJAVE RD.S. MOJAVE
S. EASTERN // 33,150 AVE. CPD
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 6 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. MAPS, AERIALS, AND PLANS
REGIONAL JUSTICE CENTER BANK OF AMERICA FINANCIAL CENTER
LAS VEGAS DOWNTOWN LAS VEGAS CLARK COUNTY SHERIFF S JUHL LOFTS CITY HALL CIVIL PROCESS SECTION
CLARK COUNTY DETENTION CENTER
RTC BIKE CENTER
CASINO CENTER BLVD. // 11,400 CPD GARCES AVE.
S. 1ST ST.
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 7 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. MAPS, AERIALS, AND PLANS
NEWPORT LOFTS
LAS VEGAS STRIP
ECLIPSE THEATERS
CASINO CENTER BLVD. // 11,400 CPD
S. 1ST ST.
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 8 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. MAPS, AERIALS, AND PLANS
WORLD MARKET CENTER
PREMIUM THE OUTLETS - NORTH SMITH CENTER
S. 1ST ST. GARCES AVE.
GASS AVE.
CASINO CENTER BLVD. // 11,400 CPD
This map is intended for general representation purposes only, may not be to exact scale or exact boundaries.
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 9 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. EXECUTIVE SUMMARY EXECUTIVE SUMMARY MAPS, AERIALS, AND PLANS TENANT PROFILES MARKET OVERVIEW 10 MAPS, AERIALS, AND PLANS COMPARABLES
FINANCIAL OVERVIEW 10 MARKET OVERVIEW MARKET OVERVIEW
19 19 1515 SKYE CANYONSKYE CANYON 14 14 Estimated Construction Value +/- $16.5 Billion Major Freeway Projects Major Office Projects ECV = $1,490,000,000 ECV = $164,500,000
Major Resort Corridor Projects Major Medical Projects 25b ECV = $13,437,000,000 ECV = $1,330,000,000 25b Major Retail Projects Educational Facilities ECV = $150,000,000 ECV = $80,000,000
Estimated Construction Value (ECV) * Estimated Construction Value currently not available 11 11 PROJECTS OVER $40MM 1 Resorts World Las Vegas - $4 billion 2 Wynn West - $3 billion 12 3 Las Vegas Raiders - $1.9 billion 21 712 4 21 25a 9 4 The Drew Resort Las Vegas - $1.8 billion 7 4 25a 16 1 9 5 LVCVA Convention Center Expansion - $1.5 billion 5 16 1 2 24 6 Las Vegas Extreme Sports Park - $800 million 24 22 82 5 7 Palace Station Expansion - $191 million 8 10 22 8 Palms Hotel & Casino Renovation - $146 million 10 9 SLS Las Vegas Renovation - $100 million 10 *MSG Sphere Las Vegas - TBD 11 *Cashman Soccer Team Stadium - TBD 3 23 12 I-15 Expansion “Project Neon” - $900 million 3 23 13 I-11 Boulder City Bypass - $318 million 6 CANDENCE 18 14 US-95 / CC 215 Interchange “Centennial Bowl” - $214 million 6 CANDENCE 15 I-15 / US 93 Garnet Interchange - $58 million 18 16 Las Vegas 51’s AAA Baseball Stadium - $150 million 17 *St. Rose Costco Anchored Center - TBD 25c 18 *Smith’s Anchored Center, Cadence - TBD 25c 19 *Smith’s Anchored Center, Skye Canyon - TBD 20 *Las Vegas Raiders Practice Facility - TBD 13 21 Downtown Summerlin Office Building - $119.5 million Aristocrat Technologies Campus - $45 million 13 22 17 23 Union Village Medical Campus - $1.2 billion 24 Sunrise Hospital Expansion - $130 million HENDERSON AIRPORT 17 25 CSN Student Union Buildings - $80 million (3 campus locations) 20 HENDERSON AIRPORT 20
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 11 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. CLARK PROPERTYMARKET OVERVIEW
With jurisdiction over the world-famous Las Clark County Clark County Nevada Vegas Strip and covering an area the size of New Jersey, Clark is the nation’s 14th-largest county Ranks #1 Ranks #1 Ranks #1 and provides extensive regional services to more Fastest Growing House Fastest Growing Personal Income Annual Growth than 2.3 million citizens and more than 45.3 Price Appreciation million visitors a year. Included are the nation’s
Source: Applied Analysis Source: Applied Analysis Source: Sales Traq / Applied Analysis 8th-busiest airport, air quality compliance, social services and the state’s largest public hospital, University Medical Center.
Nevada has no shortage of compelling landscapes, and Clark County is no different. Mt. Charleston and skiing are just 45 minutes away, and Red Rock National Conservation area beckons on the western fringe of the Las Vegas Valley. Lake Mead National Recreation Area, located 30 miles southeast of Las Vegas, caters to boaters, swimmers, fishermen, hikers, wildlife photographers and roadside sightseers. Meanwhile, gambling is offered in the destinations of Mesquite, Primm and Laughlin, located on the sun-drenched Colorado River.
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof. 12 PROPERTYMARKET OVERVIEW
THE LAS VEGAS STRIP
The Las Vegas Strip is a stretch of South Las Vegas Blvd. in Clark County, NV that is known for its concentration of resort hotels and casinos. The Strip is approximately 4.2 miles in length, located immediately south of the Las Vegas city limits in the unincorporated towns of Paradise and Winchester. However, the Strip is often referred to as being in Las Vegas.
Many of the largest hotel, casino, and resort properties in the world are located on the Strip. The boulevard’s cityscape is highlighted by its use of contemporary architecture, lights, and a wide variety of attractions. Its hotels, casinos, restaurants, residential high-rises, entertainment offerings, and skyline have established the Strip as one of the most popular and iconic tourist destinations in the world. Most of the Strip has also been designated as an All-American Road and is considered a scenic route at night.
$10.3B $6.6B 94.5% $138.82 14,863 148,444 2018 Clark County 2018 Las Vegas 2018 Hotel 2018 Average 2018 2018 Room Gaming Revenue Strip Revenue Occupancy Daily Room Rate Conventions Per Year Inventory
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof. 13 MARKETMARKET OVERVIEWOVERVIEW VEGASSPORTS
The Las Vegas metropolitan area is home to many sports, most of which take place in the unincorporated communities around Las Vegas rather than in the city itself. The Las Vegas Valley has one major league professional team: the Vegas Golden Knights of the NHL who began play in 2017 as the region’s first major pro team. The Las Vegas Aces of the WNBA became the region’s second professional team in 2018. The Oakland Raiders of the NFL will begin play in Las Vegas as the Las Vegas Raiders by 2020 and become the region’s third major professional team. Las Vegas is also home to one minor league sports team: the Las Vegas Aviators of Minor League Baseball affiliated with the Oakland Athletics. Las Vegas Lights FC is an expansion team for the United Soccer League.
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 14 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. MARKET OVERVIEW DOWNTOWN Downtown Las Vegas (DTLV) is the central business district and historic center of Las Vegas, NV. It is the original townsite and was the gambling district of Las LAS VEGAS Vegas prior to the Strip, and the area still incorporates downtown gaming. As the urban core of the Las Vegas Valley, it features a variety of hotel and business highrises, cultural centers, historical buildings and government institutions, as well as residential and retail developments.
Fremont Street is home to most of downtown’s hotels and casinos. These are the original casinos of Las Vegas, which existed before the more famous Las Vegas Strip. The Fremont Street Experience is a canopied street of the downtown area where casinos have been connected to the street and to each other in a unique visual manner. The Fremont Street Experience brings nightly shows through the world’s largest audio-video system. It also provides a variety of exciting special events, cuisine, entertainment and live concerts throughout the year.
Source: Wikipedia
$32.5MM 19.4MM $612MM $76MM 54% Planned Upgrades to the 2018 Visitor Traffic 2017 DTLV Expansion at International 2018 Percentage of Fremont Street Experience to DTLV Gaming Revenue Market Centers Visitors went to DTLV
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 15 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. MARKET OVERVIEW
TOPLARGEST PRIVATE10 EMPLOYERS
COMPANY / TOTAL NUMBER NUMBER OF TYPE OF YEAR EMPLOYER OF EMPLOYEES LOCAL OFFICES BUSINESS ESTABLISHED
1 MGM Resorts International 50,000+ Multiple Gaming / Hospitality 2000
2 Caesars Entertainment 27,000+ 12 Gaming / Hospitality --
3 Red Rock Resorts, Inc. 14,000+ 20 Gaming / Hospitality 1976
4 Wynn Las Vegas 12,000+ 2 Gaming / Hospitality 2005
5 Boyd Gaming Corp. 11,600+ 15 Gaming / Hospitality 1975
6 The Valley Health System 7,188 9 Health Care 1971
7 OptumCare / UnitedHealthCare 5,099 41 Health Care / Insurance 1984
8 Dignity Health-St. Rose Dominican 3,575+ 3 Health Care 1947
9 South Point Hotel, Casino and Spa 2,700+ 1 Gaming / Hospitality 2006
10 Bank of America 1,514 52 Financial Services 1955
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 16 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. MARKET OVERVIEW LAS VEGAS NEW JOB GROWTH
1,000+ 7,000+ 3,000+ Amazon Fullfillment Center The Drew Resorts World Permanent Jobs Permanent Jobs Permanent Jobs
7,800+ 6,000+ 1,500+ Las Vegas Convention Center Las Vegas Stadium Circa Permanent Jobs Permanent Jobs Permanent Jobs
ECONOMY LAS VEGAS, NEVADA UNITED STATES
1 Unemployment Rate 5.0% 3.9%
2 Recent Job Growth 3.5% 1.6%
3 Future Job Growth 39.0% 33.5%
4 Sales Taxes 8.3% 7.3%
5 Income Tax 0.0% 4.6%
6 Income Per Cap. $27,650 $31,177
7 Household Income $53,159 $57,652
8 Family Median Income $62,786 $70,850
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 17 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. MARKETMARKET OVERVIEWOVERVIEW
CONVENTIONS
In 2018, over 6.5 million convention and trade show delegates traveled to Las Vegas, generating over $9 billion in non-gaming revenue. Las Vegas hosted more than 21,800 meetings and conventions in 2018.
Las Vegas has also been the No. 1 domestic convention location for two decades. The ranking comes from the Trade Show News Network (TSNN), which released its list of the top 250 trade shows in the United States. Las Vegas hosted 57 of the largest shows, more than the next two competitors combined.
Convention Convention Center Annual Convention Conventions Location Expansion Budget Attendees Per Year 1ST $1.4B 6.5MM 21,864
Source: Las Vegas Convention and Visitors Authority
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 18 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. MARKET OVERVIEW
AIRPORTS
McCarran International Airport is the primary commercial airport serving the Las Vegas Valley, a major metropolitan area in the U.S. state of Nevada. McCarran received over 48,500,194 passengers in 2017, an increase over the previous year but still below pre-recession levels. It is the 27th busiest airport in the world by passenger traffic and the 8th busiest Lowest Corporate Travel 2017 Total by aircraft movements. Cost in Western US Aircraft Movements
It has undergone significant expansion since then and has 1st 8th Busiest employed various innovative technologies, such as common- use facilities. The airport consists of four runways and two passenger terminals: Terminal 1 and Terminal 3. Terminal 1 is composed of four concourses, namely the A, B, C, and D Gates; Terminal 3 contains the E Gates. A people mover system is in place between the pre-security area of Terminal 1 and the C and 2017 National 2017 Total En/Deplaned D Gates, as well as between the D Gates and Terminal 3. Passenger Traffic Air Passengers YTD
The airport has nonstop air service to destinations in North 9th Busiest 48.5 MM America, Europe, and Asia. It is an operating base for Allegiant Air, as well as a crew and maintenance base for Frontier Airlines,Southwest Airlines, and Spirit Airlines.
Source: Las Vegas Convention and Visitors Authority
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 19 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. MARKET OVERVIEW
SUMMARY TABLE OF TRAVEL PLANNING CHARACTERISTICS
2013 2014 2015 2016 2017 Proportion of visitors who traveled to Las Vegas by ground 58% 58% 57% 54% 54% TRANSPORTATION transportation (automobile/bus/RV) RTC Transit is a public transportation system providing bus service Proportion of visitors who traveled to Las Vegas by air 42% 42% 43% 46% 46% throughout Las Vegas, Henderson, North Las Vegas and other areas Source: Las Vegas Convention and Visitors Authority of the valley. A bus rapid-transit link in Las Vegas called the Strip and Downtown Express (previously ACE Gold Line) with limited stops and frequent service was launched in March 2010, and connects downtown Las Vegas, the Strip and the Las Vegas Convention Center.
Interstates 15, 515, and US 95 lead out of the city in four directions. Two major freeways – Interstate 15 and Interstate 515/U.S. Route 95 – cross in downtown Las Vegas. I-15 connects Las Vegas to Los Angeles, and heads northeast to and beyond Salt Lake City. I-515 goes southeast to Henderson, beyond which US 93 continues over the Mike O'Callaghan–Pat Tillman Memorial Bridge towards Phoenix, Arizona. US 95 connects the city to northwestern Nevada, including Carson City and Reno. US 93 splits from I-15 northeast of Las Vegas and goes north through the eastern part of the state, serving Ely and Wells. A partial beltway has been built, consisting of Interstate 215 on the south and Clark County 215 on the west and north.
2018 Average Daily Traffic: Average I-15 at Visitor Volume All major highways NV/CA Border 42MM 115,229 44,880
Source: Las Vegas Convention and Visitors Authority
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate 20 makes no guarantees, warranties or representation as to the completeness or accuracy thereof. ADDITIONAL SERVICES
PROPERTY MANAGEMENT CAPITAL MARKETS LOGIC Property Management team members are tenured professionals LOGIC Capital Markets is a preferred funding source for investors, with a comprehensive knowledge and understanding of commercial developers and operators of commercial real estate. Our loan real estate management. We methodically approach each assignment brokerage service and origination platform provide our clients access to with customized management strategies that meet the client’s needs, the market’s wide range of competitive products for all property types. maintain the property’s physical plant, and effectively service tenants. Through our relationships which include banks, conduits, life companies, We know our priority is to cooperate with our tenants by working mortgage funds, and hard money lenders, we are able to offer debt and intelligently to reduce expenses and to serve our owner-clients by equity financing for the purpose of acquisition, development, refinance, identifying creative ways to drive income. We provide for accountability buyouts, and more. in every step we take, from management to accounting. Logic Property Management will pinpoint a client’s goals and objectives, meet Contact: challenges, and achieve expected results from your investment. JEFF MAHONEY Manager Contact: 702.954.4131 LAUREN VANISKI [email protected] Director of Property Management 702.954.4106 [email protected]
The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof. presented by:
1ST ST. & GARCES CAMERON GLINTON Vice President LAND 702.954.4150 [email protected]
REGIONAL S.0170880 JUSTICE CENTER BANK OF AMERICA FINANCIAL CENTER
LAS VEGAS DOWNTOWN LAS VEGAS CLARK COUNTY SHERIFF S JUHL LOFTS CITY HALL CIVIL PROCESS SECTION
CLARK COUNTY DETENTION CENTER
RTC BIKE CENTER
CASINO CENTER BLVD. // 11,400 CPD GARCES AVE.
S. 1ST ST.
LOGIC COMMERCIAL REAL ESTATE | 3900 S. Hualapai Way, Suite 200, Las Vegas, Nevada 89147 | 702.888.3500 The information herein was obtained from sources deemed reliable; however Logic Commercial Real Estate makes no guarantees, warranties or representation as to the completeness or accuracy thereof.