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Commercial Real Estate 05-20-25

NVBEX Staff

Credit: Northern Nevada Business Weekly
Credit: Northern Nevada Business Weekly

Sales Transactions

1. Buchanan Street Partners purchased a commercial warehouse facility at 310 Rock Springs Dr. in Las Vegas for $21.8M. The self-storage facility totals 103.6KSF across three buildings. The buildings collectively hold 917 units. Buchanan purchased the facility directly from its developer and is the first occupant.

2. LOGIC Commercial Real Estate announced the Moana West Shopping Center sale at 3400-3470 Lakeside Drive in Reno. The acquisition includes four parcels totaling nearly 70KSF of retail and office space across three retail buildings and one two-story office building. Planned improvements include interior renovations, updated signage and an enhanced tenant mix.

3. Terrible’s purchased three Fabulous Freddy’s car washes in the Las Vegas Valley. The car washes are located at 7155 Grand Montecito Pkwy., 9611 Trailwood Dr. and 1101 S. Fort Apache Road. Transaction details were not released, and the company intends to remodel the locations.

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Mark Hobaica

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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.