Las Vegas
MedEquities Enters Master Lease, Pledges $11M for Las Vegas Hospital Expansion
The new agreement replaces the separate triple-net leases for two acute care hospitals in Las Vegas and two nursing facilities in Fort Worth, Texas, and Spartanburg, S.C., respectively.
SoCal Investment Firm Nabs 2 Las Vegas Industrial Parks
CapRock Partners purchased two multi-tenant industrial parks totaling 203,134 square feet. The newly purchased assets are located less than two miles away from the Las Vegas Strip.
Investors Cash Chips in Las Vegas
Apartment construction slowed in 2016 to 2,000 new units, likely because of oversupply of single-family home rentals. But development looks promising, with more than 4,500 units under construction, according to Yardi Matrix.
Howard Hughes Announces 180 KSF Las Vegas Campus
The company has finalized a build-to-suit lease for Aristocrat Technologies Inc., which will relocate more than 600 of its employees to the new $45 million campus, slated for completion in late 2018.
$100M Sin City Development Breaks Ground
The seven-phase project will be under construction for approximately seven years, with its first phase comprising a 4,800-square-foot bank and a convenience store.
Meridian Secures $14M in Financing for Reno Retail Asset
The three-year loan will be used for the acquisition of Paradise Plaza, a Kmart- and Walgreens-anchored shopping center. The center’s trade area is expanding as a result of an increasing presence of manufacturing, technology and logistics companies.
Cathay Bank Taps New VP
Jasmyne Shoemaker has 21 years of retail and lending background under her belt. Her previous experience also includes wealth management.
Odyssey Nabs Sin City Office Building
One of the two identical buildings located at City Center West traded for $12.9 million. Odyssey intends to undergo major renovations at the 106,700 square feet office property.
Asembia Expands Presence in Sin City
The company’s expansion will lead to the creation of more than 200 new jobs in the Las Vegas market.
Panattoni Opens $15M Las Vegas Venue
Panattoni Development Co. developed a 75,000 square-foot multi-purpose venue that can handle up to 3,000 people.