{"id":1004053006,"date":"2012-05-18T10:58:44","date_gmt":"2012-05-18T18:58:44","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=47298"},"modified":"2020-04-07T09:40:35","modified_gmt":"2020-04-07T17:40:35","slug":"hughes-sale-adds-to-100m-run-by-cpibuchanan-street-jv","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hughes-sale-adds-to-100m-run-by-cpibuchanan-street-jv\/","title":{"rendered":"Hughes Sale Adds to $100M Run by CPI\/Buchanan Street JV"},"content":{"rendered":"

By Alex Girda, Associate Editor<\/p>\n

In the latest\u00a0in a series of dispositions, CIP Real Estate and Buchanan Street Partners have sold the 114,500-square-foot Konami Building in the Howard Hughes Airport Center to the building\u2019s tenant, Konami Digital Entertainment, the Las Vegas Review-Journal reported.<\/p>\n

Last December,\u00a0the partners sold a 425,000-square-foot portfolio at the Hughes Airport Center. That followed\u00a0\u00a0the sale of a 110,000-square-foot industrial property in North Las Vegas. Before selliing the Konami Building,\u00a0CIP and Buchanan Street had sold $105 million in properties locally over the past several years, the Las Vegas Business Press reported in January.<\/p>\n

CIP continues to own or manage a $150 million, 1 million-square-foot portfolio at the Hughes Center, a \"\"<\/a>420-acre master-planned business park totaling 3.3 million square feet of Class A industrial and office space near McCarran International Airport.<\/p>\n

For Konami Digital\u2019s part, the acquisition of its building helps cement the investment the Japanese entertainment company has committed to in San Francisco, Los Angeles and Las Vegas, the Review-Journal said.<\/p>\n

For additional Las Vegas market data, click here<\/a>.<\/p>\n

Photo courtesy of ciphughes.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

By Alex Girda, Associate Editor
\nIn the latest\u00a0in a series of dispositions, CIP Real Estate and Buchanan Street Partners have sold the 114,500-square-foot Konami Building in the Howard Hughes Airport Center to the building\u2019s tenant, Konami Digital Entertainment, the Las Vegas Review-Journal reported.
\nLast December,\u00a0the partners sold a 425,000-square-foot portfolio at the Hughes Airport Center. That followed\u00a0\u00a0the […]<\/p>\n","protected":false},"author":1269,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1593,21742],"tags":[],"class_list":["post-1004053006","post","type-post","status-publish","format-standard","hentry","category-las-vegas","category-latest"],"acf":[],"yoast_head":"\nHughes Sale Adds to $100M Run by CPI\/Buchanan Street JV - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/hughes-sale-adds-to-100m-run-by-cpibuchanan-street-jv\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hughes Sale Adds to $100M Run by CPI\/Buchanan Street JV\" \/>\n<meta property=\"og:description\" content=\"By Alex Girda, Associate Editor In the latest\u00a0in a series of dispositions, CIP Real Estate and Buchanan Street Partners have sold the 114,500-square-foot Konami Building in the Howard Hughes Airport Center to the building\u2019s tenant, Konami Digital Entertainment, the Las Vegas Review-Journal reported. Last December,\u00a0the partners sold a 425,000-square-foot portfolio at the Hughes Airport Center. 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