Commercial Real Estate 01-31-25

1. 4620 Eaker St. Credit: Wild Dog Digital
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1. CBRE has arranged the $10.4M sale of a 58.2KSF industrial building at 4620 Eaker St. in North Las Vegas to Cryogenic Industries, Inc. CBRE’s Tyler Ecklund represented the seller, APG Eaker LLC, in the transaction. The industrial property spans 2.86 acres.

2. Cushman & Wakefield announced it arranged the sale of an infill industrial portfolio totaling 497.9KSF across five buildings in Reno. Located at 4681 and 4689 Aircenter Circle, as well as 4745, 4855 and 4980 Longley Lane, the portfolio is currently 100% leased. Nuveen Real Estate acquired the asset for an undisclosed price. C&W’s Jeff Chiate, Rick Ellison, Matt Leupold, Aubri Monahan, Will Strong, Michael Matchett, Jack Stamets, Molly Hunt and Madeline Warren represented the undisclosed seller.

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Mark Hobaica

Mark Hobaica

Executive Vice President

Core Construction

Since 2019, as CORE Construction’s Executive Vice President for Nevada, Mark ensures every client CORE serves receives the highest level of personalized care for every project. Mark’s passion is client Trust. He cares deeply about CORE’s reputation, partnerships and providing the highest quality and services, as well as most honest and best value possible. He has worked in the Las Vegas Valley and for the Public Works sector for nearly 35 years. He began as an owner in a local architectural firm designing and overseeing projects for Public Works clients for nearly 12 years. He clearly understands the expectations of the public sector, as he then directed numerous projects for over 16 years as the City Architect for the City of Henderson. His focus has always been delivering projects using CMAR or Construction Manager at Risk as he has implemented dozens of projects with his trusted approach, while always involving every stakeholder to ensure each individual receives the highest level of services expected.