• Tue. Jun 21st, 2022

Real estate brokers join forces to oversee retail leasing in Tivoli Village


John Tippins of NorthCap and Jeff Mitchell of Mountain West to lead retail leasing efforts in 28-acre luxury mixed-use development in southern Nevada

New York – PBC USA, a global real estate investment firm headquartered in New York City, has appointed powerful real estate brokers John Tippins of NorthCap and Jeff Mitchell of Mountain West Commercial to lead retail leasing in Tivoli Village. Tivoli Village is a well-appointed mixed-use center that includes 742,000 square feet of Class A retail, beauty, service, dining and office space in an impressive 28-acre development adjacent to the Summerlin neighborhood of Las Vegas. The flagship store of Restoration Hardware, the main tenant, is joined by boutique retailers, local and national office tenants and nearly a dozen popular restaurants and a cigar bar in the enchanting open-air environment of the center.

Tivoli Village opened Phase I in 2011 and Phase II in 2016 on 28 acres northwest of the Las Vegas Strip and adjacent to the prestigious planned community of Summerlin. The exquisitely architecturally European-style boutique center features some of the most sought-after retail and dining spaces in the entire region. The property is also in talks with developers to create luxury condominiums in the complex that would be the first pedestrianized development in Las Vegas, contiguous to shops, offices and a golf course with panoramic views of the Las Vegas Strip.

“We look forward to providing the community with an even larger selection of unprecedented experiential retailers,” said Mr. Tippins, CEO of NorthCap, a leading real estate company focused on acquisition, brokerage and property management with a long history of working with local tenants. .

Since its grand opening, Tivoli Village has become a must-see destination for residents and visitors to Las Vegas looking for a unique experience shopping at unique boutiques not found anywhere else, as well as to enjoy fine dining, ”said Mr. Mitchell, Senior Broker for Nevada at Mountain West Commercial. “By working closely with the property and our brokerage partners at NorthCap, we will take retail leasing in the center to the next level. “

Mr. Tippins and his firm have successfully completed some of the industry’s most notable rental, sales and management assignments for local operators and private equity firms. Mr. Tippins has completed a total of over $ 1.5 billion in brokerage or principal transactions since 2000. In 2009, he was named “Top 40 Under 40” by In Business Las Vegas as well as “Entrepreneur of the Year ”by Groupe Marketing Commercial in 2014.

In addition to Tivoli, over the past 12-24 months, Mr. Tippins has completed a number of high-profile assignments, including the rental of the commercial portion of The Ogden, a 248-unit luxury residential property in the city center. city ​​of Las Vegas; the 40,000 square foot rental campaign for the retail space of the mixed-use development, The Gramercy Las Vegas; and leased all of the retail space to The Juhl, a cleverly innovative new residential property in downtown Las Vegas.

Mr. Mitchell’s background provides clients with extensive experience, deep industry relationships, in-depth market knowledge and proven asset improvement capabilities. Regionally, Mountain West Commercial completed more than $ 3 billion in retail leasing transactions, including 612 retail tenant assignments totaling 4.4 million square feet.

In addition to the new retail rental team, the property also recently brought in Philip Knott as General Manager of Tivoli Village. Prior to joining Tivoli Village, Mr. Knott was Vice President of Operations for International Market Centers, where he oversaw the day-to-day operations of the company’s 12 million square feet of exhibition space in Las Vegas, NV and High Point, NC.

About the village of Tivoli

Anchored by RH Las Vegas of Restoration Hardware, Tivoli Village is complemented by a curated collection of retailers ranging from luxury brands to unique boutiques. Attractive restaurants range from the local favorite, Echo & Rig Butcher and Steakhouse, to the national star, Brio Tuscan Grille, while David Barton Gym and Dance With Me serve as upscale experiential destinations beyond retail and shopping options. traditional catering. Located in one of the wealthiest sections of southern Nevada, Tivoli Village is 15 minutes from the Las Vegas Strip, conveniently located near Summerlin Parkway. The center proudly boasts 370,000 square feet of retail and dining and 300,000 square feet of Class A office space. Tivoli recently introduced Tesla Charging Stations (the only Tesla stations located in the northwest of Las Vegas) as well as charging stations for other electric vehicles.

For more information on events at Tivoli Village, visit www.tivolivillagelv.com, follow Tivoli Village on Instagram https://www.instagram.com/tivolivillagelv/ and Twitter http://twitter.com/TivoliVillageLV, or like Tivoli Village on Facebook https://www.facebook.com/tivivillagelv/

About PBC USA

PBC USA is the global real estate investment arm of Israel-based Property & Building Corp (TASE: PBTL). PBC is one of Israel’s largest diversified real estate companies with assets ranging from suburban malls to premier office buildings in major global markets. The company is an active acquirer of long-term commercial real estate assets in North America and Europe and is headquartered at 452 Fifth Avenue, New York. http://www.pbc.co.il/

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