JMA Ventures Snags Nevada Office Portfolio for $52M

San Francisco-based JMA Ventures acquired a five-building office portfolio totaling 271,114 square feet in Henderson, NV from American Nevada Company for $51.75 million. Situated within the master-planned community of Green Valley Corporate Center, the transaction included 2275, 2285 and 2370 Corporate Circle (Corporate Center III, IV and V) and 2500 and 2550 Paseo Verde Parkway (Paseo Verde).

Cushman & Wakefield’s Rick Reeder and Brad Tecca represented the seller, along with local market experts, Geoffrey West, Jayne Cayton and Michael Dunn.

Reeder says, “This sale is part of a disposition strategy of a larger 1.1-million-square-foot master portfolio, which we have been advising American Nevada Company on since 2016, and we are in the process of selling the remaining assets, which we expect to close during the second half of 2018.” He notes, this transaction represents the largest and highest valued single-acquisition sold from the original master portfolio.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

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JMA Ventures Snags Nevada Office Portfolio for $52M

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National CRE News In Your Inbox.

JMA Ventures Snags Nevada Office Portfolio for $52M

Inside The Story

About Dennis Kaiser