Company Overview
Sun Commercial Real Estate, Inc. was founded in 2006 as a specialized investment brokerage firm with offices in Las Vegas, Nevada; Phoenix, Arizona; and California. Having completed over $1.6 billion in commercial real estate transactions, the company excels in sales, leasing, and consulting across diverse sectors such as office, industrial, retail, hotel, and multifamily. Known for a focused boutique approach, Sun Commercial competes effectively in the Southwestern U.S. market.
Recent Developments
In April 2023, Sun Commercial Real Estate announced its merger with LOGIC Commercial Real Estate. This merger combines the strengths of both firms to enhance market position and service capabilities. Cathy Jones, a pivotal figure in the merger and the founder of Sun Commercial, serves as the Executive Vice President at LOGIC. Under her guidance, Sun Commercial has completed transactions exceeding $2 billion and managed over 241 million square feet of leased and sold assets.
Leadership and Management
- Cathy Jones, CPA, SIOR, CCIM: With over 30 years of experience, Cathy Jones plays a key role in both Sun Commercial and LOGIC. She is instrumental in investment sales, financial analysis, and fostering strong customer relationships. Her industry credentials include the prestigious SIOR and CCIM designations.
- Susan Cotton: As Principal and Managing Director at Sun Property Management, a related entity, Susan Cotton manages a team overseeing more than 6.5 million square feet of commercial properties, bringing extensive property management experience to the firm.
Services and Operations
Sun Commercial Real Estate offers a comprehensive range of services, including:
- Brokerage and investment sales
- Buyer and seller representation
- Landlord and tenant representation
- Property management and receivership services
Although the company operates with about 15 employees, its strategic local application of national experience enables it to generate approximately $1.4 million annually.
Market Position and Competition
Sun Commercial Real Estate, despite being smaller than some competitors, distinguishes itself through niche focus and high transaction volumes in the Nevada and broader Southwestern U.S. markets. Key competitors include:
- Century 21 Gavish Real Estate: Based in Las Vegas and known for home sales and buyer representation, it generates $19.6 million annually with 102 employees. Their community-focused approach positions them strongly in the market.
- Johnson Group: A seasoned firm with over twenty years of experience, offering diverse services such as property management, leasing, and investment services.
- Simply Vegas Real Estate: Specializes in residential buying and selling with approximately 600 agents. Known for its luxury full-service model and strategic growth, Simply Vegas ranks high in the Nevada luxury real estate market.
- MacPherson Real Estate Ltd.: Operating in the greater Vancouver and Fraser Valley areas, this firm emphasizes property management services backed by thirty years of experience.
Contact Information
- Address: 6140 Brent Thurman Way, Suite 200, Las Vegas, NV 89148
- Phone: (702) 968-7305
- Email: Contact through their official website.
Sun Commercial Real Estate's strategic integration with LOGIC Commercial Real Estate demonstrates their commitment to enhance resources, capabilities, and client offerings in the commercial real estate sector.