Las Vegas
West Las Vegas Office Building Sells for $15M
Real Estate Services Group traded the nearly 90,000-square-foot suburban asset for more than double the price it paid in 2013.
Las Vegas Stripped of Appeal as Casinos Suffer
The coronavirus pandemic led to a nearly 33 percent drop-off in transactions in the weeks following Governor Sisolak’s nonessential business closure order—though one asset class is bucking the trend.
Las Vegas Airport Warehouse Trades for $16M
Seller BKM Capital Partners provided the new owner with financing for the 17,000-square-foot industrial asset.
Las Vegas Commercial Real Estate Wrap-Up – March 2020
Casinos and hotels suspend operations. Tropicana Las Vegas trades for $338 million. Here is our March selection of Las Vegas must-knows.
Tropicana Las Vegas to Sell in $338M Leaseback Deal
The deal is set to provide Penn National Gaming with more liquidity during the coronavirus outbreak.
Top 5 Las Vegas Industrial Completions of 2019
A single submarket accounted for more than two-thirds of the 4.7 million square feet delivered last year.
Las Vegas Monthly CRE Wrap-Up (Feb. 2020)
The Raiders sells training facility for $191 million. Elon Musk’s tunnel hits milestone. New Colliers headquarters underway. Here is our selection of Vegas must-reads for the past month.
Harsch Investment Completes Vegas Industrial Development
JLL has already arranged three leases, bringing the new property to 46 percent occupancy.
Blackstone Makes $4.6B Deal in Las Vegas
The private equity giant’s REIT formed a joint venture with MGM Growth Properties to acquire the MGM Grand and Mandalay Bay.
HCA Pays $22M for Las Vegas MOB
The firm’s acquisition adds 86,300 square feet of Class B space to the neighboring Sunrise Hospital campus.