Accelerating success.
March 2015
Las Vegas Insider A communication for brokers, employees, colleagues and friends
“Never look down on anybody unless you’re helping him up.” – Jesse Jackson
TABLE OF CONTENTS
> THE IMPACT OF CHEAPER FUEL
3
> BROKER OF THE MONTH
11
> FEATURED DEALS
5
> WELCOME TO COLLIERS
12
> NEW LISTINGS & IN THE NEWS
7
> SPOTLIGHT AWARDS
13
> UPCOMING EVENTS
8
> BREAKFAST BURRITO RECAP
14
> BROKER RANKINGS
9
> COMPANY DIRECTORY
10
> BY THE NUMBERS
> COLLIERS UNIVERSITY
15
16
STAY CONNECTED WITH COLLIERS LAS VEGAS facebook.com/lvcolliers
twitter.com/Colliers_LV
TABLE OF CONTENTS
2
The Impact of Cheaper Fuel BY: JOHN STATER
3
THE IMPACT OF CHEAPER FUEL
Less money spent on gasoline means more money available for other things ... Will lower fuel prices cause a spike in visitation to Vegas this summer? More importantly, will lower fuel prices give a boost to commercial real estate?
stimulate non-fuel spending at the convenience stores connected to gas stations, keeping that money “in the family”.
Generally speaking, when prices fall, people buy more, and when they rise, they buy less. Nothing groundbreaking in that statement, and suggestive that lower fuel prices will mean more people driving and flying to Las Vegas in 2015. But let’s take a closer look before we commence dancing in the streets.
Other retail stores took in $1.436 billion per month in 2014, versus $1.348 billion per month in 2013. So, Las Vegans spent $88 million more per month in other retail stores in 2014 than 2013. Perhaps this represents more spending on retail because of lower fuel prices, but then perhaps not.
According to AAA, Las Vegas’s average gas prices have fallen from $3.44/gallon one year ago to $2.7/gallon today, a drop of $0.55. Los Angelino’s have seen a $0.52 drop in gas prices, year-over-year. Let’s assume a $0.53/gallon drop in fuel prices. The trip from Los Angeles to Las Vegas is about 270 miles. The average car in the United States gets about 21 miles to the gallon, so with the current savings in gasoline prices, you can now make the round trip with a whopping savings of ... $14! I cannot imagine that many road trips to Vegas have been derailed for the lack of $14. Some have, I’m sure, but probably not many. I also wouldn’t bet on airfares dropping too much either. Airlines do not seem too generally not inclined to pass savings on to their passengers these days unless they absolutely have to. I don’t think lower gas prices will have a major impact on visitation to Southern Nevada.
The big retail boost in Las Vegas was in nonstore retail (i.e. online and, presumably, mail order sales). Now, these numbers are for such businesses paying taxes in Las Vegas, so the money spent does not necessarily come from Las Vegans. Still, taxable sales in nonstore retail climbed from a monthly average of $30.7 million in 2013 to $48.3 million in 2014, an increase of $17.6 million per month.
The effect of lower fuel prices on local consumers is where the potential for a benefit lies. Less money spent on gasoline means more money available for other things, the likely beneficiary being non-gas station retail stores. In 2014, gas stations took in an average of $23.8 million per month. In 2013, gas stations took in an average of $23.6 million per month. So, Las Vegans spent an additional $0.2 million per month at gas stations, yearover-year, while fuel prices dropped an average of $0.11 per gallon. Not suggestive of money flowing away from the gas stations, and lower prices at the pump may
Many interesting figures, but nothing solid to indicate the impact these lower fuel prices might have on nonfuel related businesses in Southern Nevada. Let’s take a different tack. Imagine if the percent reduction in fuel prices from March 2014 to March 2015 (16.3 percent) translated in a 16 percent reduction in spending at gas stations. That would free up $45.7 million dollars, annually, to be spent in other sectors of the economy. That represents just one-tenth of one percent of the total taxable sales in Southern Nevada in 2014 ... and it’s probably significantly more money that will actually move from gas stations to other retail. My prognosis: Don’t expect any major impact on commercial real estate from the lower fuel prices we are not experiencing. Fortunately, commercial real estate is in a recovery, and it now appears to be a solid, sustained recovery. A boost from lower fuel prices would be welcome, but at this point it is not necessary to keep commercial real estate growing. THE IMPACT OF CHEAPER FUEL
4
FEATURED DEALS DAN DOHERTY SIOR, SUSAN BORST CCIM, CHRIS LANE AND JERRY DOTY COMPLETES 52,800 SF INDUSTRIAL DEAL
A lease to Walmart Stores East, LP. The ±52,800 square-foot industrial property is located at 4711 Mitchell Street in North Las Vegas. Dan Doherty SIOR, Susan Borst CCIM, Chris Lane and Jerry Doty of Colliers International represented the landlord, Johnson Brothers Liquor Company.
RENAE RUSSO COMPLETES 1,332 SF INDUSTRIAL DEAL A lease to The Freight Dude. The ±1,332 square-foot office property is located at 5594 South Ft. Apache Road, Suite 120 in Las Vegas. Renae Russo of Colliers International represented the tenant.
ANDREW KILDUFF COMPLETES 4,989 SF OFFICE DEAL A lease to Coomerteam, LLC. The ±4,989 square-foot office property is located at 3195 St. Rose Parkway in Henderson. Andrew Kilduff of Colliers International represented the landlord, SHP Building II, LLC.
DAVID GRANT, GRANT TRAUB, AND CHRIS CONNELL COMPLETES 34,282 SF RETAIL DEAL A sale to Alexander Square, LLC. The ±34,282 square-foot retail property and ±10,500 square-foot self-storage facility is located at 3940 North Martin Luther King Blvd in North Las Vegas. The transaction amount was $2,470,000.00. David Grant, Grant Traub, and Chris Connell of Colliers International represented the seller, Clark County Credit Union. 5
FEATURED DEALS
SCOT MARKER COMPLETES 1,280 SF RETAIL DEAL A lease to Dong Wook Moon. The ±1,280 square-foot retail property is located at 3650 South Decatur, Suite 11 in Las Vegas. Scot Marker of Colliers International represented the landlord, Decatur Twain, LLC.
DAVID A. GRANT COMPLETES 1,313 SF RETAIL DEAL A lease to Sukar and Sons of Nevada, Inc. The ±1,313 square-foot retail property is located at 2777 West Craig Road, Suite 102 in North Las Vegas. David A. Grant of Colliers International represented the landlord, Craig and Simmons Retail, LLC. CHRIS CONNELL COMPLETES 3,008 SF OFFICE DEAL A lease to Shawmut Woodworking & Supply Inc. The ±3,008 squarefoot office property is located at 3068 East Sunset Road, Unit 1 in Las Vegas. The transaction amount was $32,486.40. Chris Connell of Colliers International represented the landlord, GD&F Group, LLC. DEAN WILLMORE COMPLETES 55,125 SF INDUSTRIAL DEAL A lease extension to Updike Distribution Logistics. The ±55,125 squarefoot industrial property is located at 3030 North Lamb Boulevard, Suite 103 and 104 in Las Vegas. The transaction amount was $725,832.00. Dean Willmore, SIOR of Colliers International represented both the tenant and the landlord, Natomas Creek Nevada. WILLMORE, DELEW, AND PANCIROV COMPLETES 2,254 SF INDUSTRIAL DEAL A lease to Faster Ventures, Inc. The ±2,254 square-foot industrial property is located at 5010 South Decatur Blvd, Suite H in Las Vegas. The transaction amount was $45,024.12. Dean Willmore SIOR, Mike DeLew SIOR, and Greg Pancirov SIOR of Colliers International represented the landlord, FJM Vegas Holdings, LLC. SPENCER PINTER COMPLETES 3,368 SF INDUSTRIAL DEAL A lease to Tempo Logistics, LLC. The ±3,368 square-foot industrial property is located at 7140 Dean Martin Drive, Suite 800 in Las Vegas. Spencer Pinter of Colliers International represented the landlord, WSL Properties, LLC. FEATURED DEALS
6
NEW LISTINGS SUZETTE LAGRANGE | KARA WALKER Valley View Bus Center | Las Vegas, NV • •
•
• •
INVESTMENT
•
LAND
MEDICAL
• • • •
±12,356 SF Office Building for Sale Vacant Owner/User Opportunity $1,500,000 $14,400/year cell tower rental income
SCOT MARKER | LISA CHEPLAK 2207 Windmill Lane | Las Vegas, NV
96% Occupied Prime Location for Sale Densely populated Henderson Area Shadow Anchored by Walgreens, Taco Bell, & Wendy’s
JULIE BAUMAN | STEVEN HAYNES Lone Mountain & Durango | Las Vegas, NV • •
STACY SCHEER 3675 Pecos-McLeod | Las Vegas, NV
±20,000 SF Available for Lease Two (2) 10’x10’ and Two (2) 12’14’ Grade-Level Loading Doors Shared Well-Dock Loading Area
TOM NASEEF | JEFF NASEEF 11041 S Eastern Avenue | Henderson, NV • •
INDUSTRIAL
RETAIL
• • • RENAE RUSSO 2920 Green Valley | Henderson, NV
±2.5 acres APN 125-32-804003 Asking $500,000
INDUSTRIAL
• • • •
COLLIERS IN THE NEWS
Former Fast Food Restaurant with Drive Thru Asking Base Rent for Ground Lease $65,000/annum ±2,900 SF
Sunset Ridge Professional Plaza For Lease - Medical or General Office Space Available $0.85 SF/Mo CAMS $0.10 SF/Mo Owner will consider all reasonable offers from a good tenant.
Nevada Business Magazine - 03/06/2015 “Colliers International – Las Vegas Recognized as Brokerage Firm of the Year for 10th Consecutive Year”
http://www.nevadabusiness.com/2015/03/colliers-international-las-vegas-recognized-brokerage-firm-year-10th-consecutive-year/
Vegas Inc. - 02/15/2015 “People on the Move: February 15-21”
http://www.vegasinc.com/business/people/2015/feb/15/people-move-feb-15-21/
Nevada Business Magazine - 03/02/2015 “Colliers International – Las Vegas Recognizes Top Producers”
http://www.nevadabusiness.com/2015/03/colliers-international-las-vegas-recognizes-top-producers/
7
NEW LISTINGS & IN THE NEWS
Mike’s Quote of the Month:
“Two things define you. Your patience when you have nothing and your attitude when you have everything.”
UPCOMING MARCH & APRIL EVENTS MARCH 24 | LUNCH AND LEARN Main Conference Room | 11.30 am
MARCH 24TH
MARCH 25 | MONTHLY OFFICE DIVISION MEETING Main Conference Room | 9:30 am
LUNCH AND LEARN
MARCH 25 | CCIM LUNCHEON Palms Hotel | 11:30 am APRIL 8 | SIOR MONTHLY LUNCHEON Maggiano’s Little Italy | 12:00 pm APRIL 9 | CREW LUNCHEON Las Vegas Country Club | 11.30 am APRIL 14 | USGBC BREAKFAST MEETING Innovation Center | 7:00 am APRIL 15 | MONTHLY RETAIL DIVISION MEETING Main Conference Room | 9:00 am APRIL 15 | CCIM MONTHLY LUNCHEON Palm’s Hotel | 11:30 am APRIL 16 | NAIOP MONTHLY BREAKFAST Orleans Hotel | 7:00 am APRIL 16 | INDUSTRIAL DEPARTMENT MEETING Main Conference Room | 9:00 am APRIL 22 | HEALTHY LUNCH IDEAS WITH LISA CHEPLAK Colliers Cafe | 11:30 am APRIL 29 | MONTHLY OFFICE DIVISION MEETING Main Conference Room | 9:30 am APRIL 30 | NAIOP GOLF TOURNAMENT Paiute | Golf Resort
MARCH 25TH MONTHLY OFFICE MEETING
APRIL 15TH MONTHLY RETAIL MEETING
APRIL 16TH MONTHLY INDUSTRIAL MEETING
APRIL 22TH HEALTHY LUNCH IDEAS
APRIL 30TH NAIOP GOLF TOURNAMENT
UPCOMING EVENTS
8
LOOK WHO MADE THE PLANE! 2015 SALES AWARD TRIP MAUANA KEA - MARCH 18, 2016 - MARCH 22, 2016
YEAR-TO-DATE BROKERS WHO QUALIFY FOR THE HAWAII TRIP
DAN DOHERTY MIKE STUART MIKE MIXER
BROKER RANKINGS - YEAR TO DATE: 2015 1. DAN DOHERTY 2. MIKE STUART 3. MIKE MIXER 4. SUSAN BORST 5. SPENCER PINTER 6. BRIDGET RICHARDS 7. JASON LESLEY 8. DEAN WILLMORE 9. DAVID GRANT 10. PAT MARSH 11. PHILLIP DUNNING 12. GRANT TRAUB 13. CHRIS CONNELL 14. RYAN MARTIN 15. TABER THILL 16. DAN GLUHAICH 17. CHRIS LANE 9
BROKER RANKINGS
18. SCOT MARKER 19. PATTI DILLON 20. BRIAN RIFFEL 21. STACY SCHEER 22. ERIC MOLFETTA 23. MIKE DELEW 24. PAT MCNAUGHT 25. TOM NASEEF 26. SCOTT GRAGSON 27. VINCE SCHETTLER 28. RENAE RUSSO 29. GREG PANCIROV 30. ROBERT TORRES 31. REBECCA STANIEC 32. FRANK MARRETTI 33. KEITH CUBBA 34. GARRY CUFF
35. JOE BONIFATTO 36. ANDREW KILDUFF 37. DAVE FREAR 38. ERIC TUMBLESON 39. TOM STILLEY 40. SUZETTE LAGRANGE 41. AL TWAINY 42. CHRIS LOBELLO 43. JOSH SMITH 44. CHARLES CONNORS 45. SAM NEWMAN 46. GEORGE CONNOR 47. JULIE BAUMAN 48. STEVEN HAYNES 49. KARA WALKER 50. JOHN KILPATRICK
BY THE NUMBERS - FEBRUARY 2015 LAS VEGAS - FEBRUARY 2015 RESULTS RETAIL $281,818 16%
LAND $714,031 41%
PROPERTY TYPES
SALES: $1,080,343
OFFICE $414,912 24%
INDUSTRIAL $329,112 19%
SALES REVENUE vs LEASE REVENUE LEASE 38%
SALE 62%
LEASE: $659,530
58 DEALS IN FEBRUARY TOP 10 AGENTS: FEBRUARY 2015
ANNIVERSARIES: FEBRUARY 2015 1. 2. 3. 4. 5. 6. 7.
LAURIE STEVENS PATRICIA WATTS SCOTT JUN ANDREA BLUE PHILLIP DUNNING STACEY PARKER SUSAN BORST
2001 2004 2011 2012 2013 2014 2014
14 YEARS 11 YEARS 4 YEARS 3 YEARS 2 YEARS 1 YEAR 1 YEAR
1. MIKE STUART
6. JASON LESLEY
2. MIKE MIXER
7. PHILLIP DUNNING
3. DAN DOHERTY
8. SUSAN BORST
4. DAVID GRANT
9. GRANT TRAUB
5. BRIDGET RICHARDS 10. CHRIS CONNELL
BY THE NUMBERS
10
BROKER OF THE MONTH - FEBRUARY 2015 What is your favorite quote? Better to keep your mouth shut and look like an idiot than to open it and prove it. What is the best advice someone has given you? Think before you speak, act before you react, and there’s always a time and place for everything. What do you enjoy doing when you’re not working? Cooking, traveling, exercising and spending time with my family. Where is your favorite place to take an out-of-town guest? Raku on Spring Mountain or Sage at Aria.
PROFILE
MIKE STUART EXECUTIVE VICE PRESIDENT LAND DIVISION Colliers Las Vegas
Mike was a founding broker with Stuart Mixer Commercial, which became Colliers International in 1997. With more than 18 years of experience in all aspects of land assemblage and sales, Mike has been a top producer with over $1 billion dollars in sales and was the Colliers Broker of the Year in 2009. Mike’s focus is on residential, commercial and multi-family land. Clients include: KB Homes, Hillwood Residential, Bank of America, Key Bank, City National Bank, Kimball Hill Homes, Vested Housing Group, Centra Properties, Las Vegas Development Associates, Stable Development, and Montecito Companies.
CONGRATULATIONS MIKE!
ICEBREAKER - INTERESTING TIDBITS FROM PEOPLE YOU WORK WITH What are your nicknames? None What is the best book you’ve ever read, and why? That’s hard I read a lot of fiction and some nonfiction. I’m currently reading “How to Win Friends and Influence People”. I like it a lot, quite a bit of wisdom in the book, so I will say this book. What is your favorite quote? “Start the way you mean to end” -My Mom What’s the best advice someone has given you? See quote above What do you enjoy doing when you’re not working? I have a horse so I love spending time with my horse and my family not necessarily in that order. Lol
11
BROKER OF THE MONTH
ELAINE ELLIOT Senior Associate, Industrial Division
WELCOME TO COLLIERS! SABRINA CARRENDER | Executive Assistant As an executive assistant, Sabrina will be assisting the Marretti Investment Team. She recently graduated from the University of Florida with a Bachelor of Arts Degree in International Business and a Bachelor of Arts Degree in Spanish. Carrender has over two years of experience in management and sales. Prior to joining Colliers, she worked with Mattress Firm Inc. where she served as a manager and was responsible for store management, customer service, sales, and training. Additionally, she has worked in marketing and e-commerce with a local start-up in London, England. Ms. Carrender is new to Las Vegas, and enjoys the outdoors, traveling, writing, riding her motorcycle, and spending time with her close friends and family.
ARLEEN DODGE | Administrative Assistant Arleen has joined the Naseef Investment Services Team as an administrative assistant. Her primary responsibilities include ownership services, property marketing, research and administrative support. Dodge graduated with her Bachelor of Arts in Accounting from North Central College in Naperville, Illinois. She also earned an Associates of Science in Business Management from MacCormac College in Chicago, where she graduated Phi Theta Kappa with academic honors. Ms. Dodge has over 25 years of experience in accounting, auditing, financial analysis, forensics accounting, financial databases, and Microsoft Excel financial modeling. Prior to joining Colliers, her career brought her to such names as Dean Witter Discover & Co., Anderson Consulting, Kraft Foods, Wells Fargo, Hilton, MGM, and Caesars Entertainment.
CHRIS ZUNIS | Associate Chris has partnered with Eric Molfetta, in the Industrial Division. Mr. Zunis brings more than twelve years of real estate experience to the firm. Before joining Colliers International – Las Vegas, Chris spent nine years at the Las Vegas Global Economic Alliance as their Senior Vice President of economic development where he successfully attracted 120 new companies to Southern Nevada that absorbed over 2 million square feet of available industrial and office space. He also assisted in the expansion of over 40 existing companies in Southern Nevada, which helped to create thousands of high-paying jobs. He started his real estate career as a senior mortgage officer at Hamilton Mortgage Company. Chris has lived in Las Vegas for 16 years, and enjoys cycling, mountain biking, and building metal and wood furniture in his spare time.
WELCOME TO COLLIERS
12
SPOTLIGHT AWARDS Colliers was named Brokerage Firm of the Year for the tenth consecutive year by NAIOP Southern Nevada on March 5, 2015 at the Hard Rock Hotel and Casino.
“Receiving this award for a record-setting tenth year in a row is a huge accomplishment for our entire company. We have many of the finest professionals in the industry, and this award is a testament to our spirit of enterprise. It means our professionals embrace even the toughest challenges, and are relentlessly creative in solving them. As a home-grown firm, we look forward to contributing a positive impact on our local community and accelerating the success of our clients.�
13
-Mike Mixer, Executive Managing Director
SPOTLIGHT AWARDS
BREAKFAST BURRITO RECAP On March 2nd, Chef Grant Traub treated the office with his signature breakfast burrito recipes he discovered while back-packing in the Yucatan Peninsula region of Mexico. His Spanish influenced Chorizo was particularly delightful. Along with his assistant, Senorita Pompi, they filled the stomachs of everyone in the office which set in motion an office-wide siesta by 11am.
L
Thank you, Grant Traub, for this delicious event!
FOR LI FE KS N I
2 015
GET YOUR
TICKETS
WHILE THEY LAST! BREAKFAST BURRITO RECAP
14
LAS VEGAS PHONE DIRECTORY INDUSTRIAL Susan Borst Mike De Lew Dan Doherty Jerry Doty Elaine Elliott David Frear Tyler Jones Suzette LaGrange Chris Lane Pat Marsh Eric Molfetta Sam Newman Greg Pancirov Spencer Pinter Brian Riffel Renae Russo Kara Walker Dean Willmore Chris Zunis
+1 702 836 3719 +1 702 836 3736 +1 702 836 3707 +1 702 836 3735 +1 702 836 3774 +1 702 836 3723 +1 702 836 3754 +1 702 836 3799 +1 702 836 3728 +1 702 836 3741 +1 702 836 3756 +1 702 836 3724 +1 702 836 3734 +1 702 836 3776 +1 702 836 3773 +1 702 836 3775 +1 702 836 3705 +1 702 836 3763 +1 702 836 3711
OFFICE Patti Dillon Andrew Kilduff Ryan Martin Tom Naseef Tom Stilley Rebecca Staniec Taber Thill
+1 702 836 3790 +1 702 836 3718 +1 702 836 3780 +1 702 836 3720 +1 702 836 3740 +1 702 836 3792 +1 702 836 3796
MEDICAL OFFICE Stacy Scheer +1 702 836 3762 RETAIL Lisa Cheplak George Connor Charles Connors Chris Connell Phillip Dunning Dan Gluhaich David Grant Scot Marker Eric Tumbleson Al Twainy
+1 702 836 3770 +1 702 836 3786 +1 702 836 3778 +1 702 836 3709 +1 702 836 3766 +1 702 836 3757 +1 702 836 3785 +1 702 836 3782 +1 702 836 3708 +1 702 836 3725
MULTI-FAMILY Garry Cuff +1 702 836 3716 Jeff Naseef +1 702 836 3731 Tom Naseef +1 702 836 3720 RECEIVERSHIP Christopher LoBello +1 702 836 3714
LAND Julie Bauman Scott Gragson Steven Haynes John Kilpatrick Pat McNaught Vince Schettler Mike Stuart Robert Torres
+1 702 836 3753 +1 702 836 3730 +1 702 836 3727 +1 702 499 8999 +1 702 836 3798 +1 702 836 3764 +1 702 836 3739 +1 702 836 3788
HOTEL/RESORT Mike Mixer +1 702 836 3777 Dharmesh Patel +1 702 836 3713 INVESTMENT SERVICES Joe Bonifatto +1 702 836 3729 Robert Henn +1 702 836 3767 Jason Lesley +1 702 836 3742 Frank Marretti +1 702 836 3758 Bridget Richards +1 702 836 3743 Grant Traub +1 702 836 3789 GAMING GROUP Josh Smith +1 702 836 3760 GOLF COURSE Keith Cubba +1 702 836 3733 VALUATION/ APPRAISAL Josh Smith +1 702 836 3760 PROPERTY MANAGEMENT Andrea Blue +1 702 836 3750 Brandy Dumas +1 702 836 3761 Jennifer Kennedy +1 702 836 3772 Gretchen Lee +1 702 836 3704 Jennifer Maximino +1 702 836 3726 Jessie Noche +1 702 836 3752 Angelina Scarcelli +1 702 836 3768 STAFF Maurica Brown Nicole Cauilan Teddie Hickey Gina Jones Sara Johansson Scott Jun Laura Medina Matt Stater Jennifer Pompi
+1 702 836 3791 +1 702 836 3706 +1 702 836 3701 +1 702 836 3783 +1 702 836 3771 +1 702 836 3721 +1 702 836 3769 +1 702 836 3781 +1 702 836 3722
March 23, 2015 Microsoft Office 2013 – Excel: Advanced Formats & Layouts Time: 9am to 10:30am
March 24, 2015 Market Force – Introduction to the Principles, Phase 1, Sessions 2-6 Time: 9am to 10:15am
March 30, 2015 Microsoft Office 2013 – Excel: Advanced Formulas & Functions Time: 9am to 10:30am
“Our only sustainable competitive advantage is our ability to learn faster than the competition.” - Craig Robbins,
April 6, 2015 Microsoft Office 2013 – Excel: Using Financial Functions & What-If Analysis Time: 9am to 10:30am
Chief Knowledge Officer
April 13, 2015 Microsoft Office 2013 – Excel: Using Pivot Tables, Pivot Charts & Advanced Charts Time: 9am to 10:30am
Colliers University’s mission is to deliver next-level systems, tools, and resources that help professionals achieve expert status 25% faster than anyone else. Achieve the best possible outcome by enhancing your skills set and deepening the knowledge you offer clients. Look ahead, anticipate changes in the market landscape, create new opportunities to adapt and stay ahead of the curve.
So what are you waiting for? Sign-up today! COLLIERS UNIVERSITY
16
www.colliers.com/lasvegas Colliers International Mike Mixer, Executive Managing Director 3960 Howard Hughes Parkway, Suite 150 Las Vegas, Nevada 89169 T +1 702 735 5700 | F +1 702 731 5709