{"id":1004737788,"date":"2024-11-19T08:45:09","date_gmt":"2024-11-19T16:45:09","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004737788"},"modified":"2024-11-20T00:13:21","modified_gmt":"2024-11-20T08:13:21","slug":"aew-buys-vegas-retail-center-for-56m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/aew-buys-vegas-retail-center-for-56m\/","title":{"rendered":"AEW Buys Vegas Retail Center for $56M"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/Vista-Commons-in-Las-Vegas-edited.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"750\" data-attachment-id=\"1004737790\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/vista-commons-in-las-vegas-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/Vista-Commons-in-Las-Vegas-edited.jpg\" data-orig-size=\"1000,750\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;\\u00a9 Yardi Systems, Inc.&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Vista Commons in Las Vegas\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/Vista-Commons-in-Las-Vegas-edited.jpg?w=1000\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/Vista-Commons-in-Las-Vegas-edited.jpg\" alt=\"Aerial shot of Vista Commons, a 98,716-square-foot retail center in Las Vegas.\" class=\"wp-image-1004737790\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/Vista-Commons-in-Las-Vegas-edited.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/Vista-Commons-in-Las-Vegas-edited.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/Vista-Commons-in-Las-Vegas-edited.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><figcaption class=\"wp-element-caption\">An Albertsons store anchors Vista Commons. <em>Image courtesy of CommercialEdge<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>AEW Capital Management has purchased Vista Commons, a 98,716-square-foot retail center in Las Vegas. MIG Real Estate sold the asset for $56.1 million, according to CommercialEdge information. JLL represented the seller.<\/p>\n\n\n\n<p>MIG had acquired the retail center in January 2011 for $24.3 million from GGP, according to CommercialEdge information. In 2018, the property became subject to a 10-year, $26.2 million loan originated by Truist Bank.<\/p>\n\n\n\n<p>Completed in 2007 on a 10.3-acre site, Vista Commons was 100 percent leased at the time of sale. A 56,000-square-foot Albertsons store anchors the property. The tenant roster also includes Bank of America, Wells Fargo and Dunkin\u2019 Donuts. <\/p>\n\n\n\n<p>The retail center is at 11700-11770 W. Charleston Blvd. in the Summerlin area of Las Vegas, in an area where the daily car traffic reaches more than 40,000 vehicles. The average household income within a 3-mile area exceeds $155,000. Downtown Vegas is some 15 miles east. <\/p>\n\n\n\n<p>JLL Managing Director Gleb Lvovich and Senior Director Dan Tyner led the Capital Market\u2019s Investment and Sales Advisory team that secured the deal.<\/p>\n\n\n\n<p>AEW Capital Management occupies the third position in <em>Commercial Property Executive<\/em>&#8216;s <a href=\"https:\/\/www.commercialsearch.com\/news\/top-commercial-real-estate-owners\/\">2024 top commercial real estate owners<\/a>, after CBRE Investment Management and Clarion Partners. The firm\u2019s $63.4 billion portfolio, totaling 212 million square feet, comprises office, industrial, retail, health-care and hospitality assets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This property last traded in 2011.<\/p>\n","protected":false},"author":3619,"featured_media":1004737790,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37756,1593,21742,21749,15],"tags":[33758,32796,52227],"class_list":["post-1004737788","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rc-investment","category-las-vegas","category-latest","category-retail","category-west","tag-aew-capital-management","tag-jll","tag-truist-bank"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AEW Buys Vegas Retail Center for $56M - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"AEW Capital Management has purchased Vista Commons, a 98,716-square-foot retail center in Las Vegas, from MIG Real Estate.\" \/>\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\/aew-buys-vegas-retail-center-for-56m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AEW Buys Vegas Retail Center for $56M\" \/>\n<meta property=\"og:description\" content=\"AEW Capital Management has purchased Vista Commons, a 98,716-square-foot retail center in Las Vegas, from MIG Real Estate.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/aew-buys-vegas-retail-center-for-56m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-19T16:45:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-20T08:13:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/Vista-Commons-in-Las-Vegas-edited.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Maria Maruta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/aew-buys-vegas-retail-center-for-56m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/aew-buys-vegas-retail-center-for-56m\/\",\"name\":\"AEW Buys Vegas Retail Center for $56M - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/aew-buys-vegas-retail-center-for-56m\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/aew-buys-vegas-retail-center-for-56m\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/Vista-Commons-in-Las-Vegas-edited.jpg\",\"datePublished\":\"2024-11-19T16:45:09+00:00\",\"dateModified\":\"2024-11-20T08:13:21+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/34bf2de3f952f3db52e303344f1799df\"},\"description\":\"AEW Capital Management has purchased Vista Commons, a 98,716-square-foot retail center in Las Vegas, from MIG Real Estate.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/aew-buys-vegas-retail-center-for-56m\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/aew-buys-vegas-retail-center-for-56m\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/aew-buys-vegas-retail-center-for-56m\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/Vista-Commons-in-Las-Vegas-edited.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/Vista-Commons-in-Las-Vegas-edited.jpg\",\"width\":1000,\"height\":750,\"caption\":\"Aerial shot of Vista Commons, a 98,716-square-foot retail center in Las Vegas\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/aew-buys-vegas-retail-center-for-56m\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"AEW Buys Vegas Retail Center for $56M\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/34bf2de3f952f3db52e303344f1799df\",\"name\":\"Maria Maruta\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/Maria_Maruta.jpeg?w=78\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/Maria_Maruta.jpeg?w=78\",\"caption\":\"Maria Maruta\"},\"description\":\"Maria Maruta is an Associate Editor with Multi-Housing News and Commercial Property Executive. Maria completed a Bachelor's in Art History and a Master's in Film Studies at the University of Groningen, The Netherlands. Currently, she writes commercial real estate news, particularly on the office, retail, coworking and self storage sectors. You may reach her at maria.maruta@cpe-mhn.com\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/maria-maruta\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"AEW Buys Vegas Retail Center for $56M - Commercial Property Executive","description":"AEW Capital Management has purchased Vista Commons, a 98,716-square-foot retail center in Las Vegas, from MIG Real Estate.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/aew-buys-vegas-retail-center-for-56m\/","og_locale":"en_US","og_type":"article","og_title":"AEW Buys Vegas Retail Center for $56M","og_description":"AEW Capital Management has purchased Vista Commons, a 98,716-square-foot retail center in Las Vegas, from MIG Real Estate.","og_url":"https:\/\/www.commercialsearch.com\/news\/aew-buys-vegas-retail-center-for-56m\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2024-11-19T16:45:09+00:00","article_modified_time":"2024-11-20T08:13:21+00:00","og_image":[{"width":1000,"height":750,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/Vista-Commons-in-Las-Vegas-edited.jpg","type":"image\/jpeg"}],"author":"Maria Maruta","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/aew-buys-vegas-retail-center-for-56m\/","url":"https:\/\/www.commercialsearch.com\/news\/aew-buys-vegas-retail-center-for-56m\/","name":"AEW Buys Vegas Retail Center for $56M - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/aew-buys-vegas-retail-center-for-56m\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/aew-buys-vegas-retail-center-for-56m\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/Vista-Commons-in-Las-Vegas-edited.jpg","datePublished":"2024-11-19T16:45:09+00:00","dateModified":"2024-11-20T08:13:21+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/34bf2de3f952f3db52e303344f1799df"},"description":"AEW Capital Management has purchased Vista Commons, a 98,716-square-foot retail center in Las Vegas, from MIG Real Estate.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/aew-buys-vegas-retail-center-for-56m\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/aew-buys-vegas-retail-center-for-56m\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/aew-buys-vegas-retail-center-for-56m\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/Vista-Commons-in-Las-Vegas-edited.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/Vista-Commons-in-Las-Vegas-edited.jpg","width":1000,"height":750,"caption":"Aerial shot of Vista Commons, a 98,716-square-foot retail center in Las Vegas"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/aew-buys-vegas-retail-center-for-56m\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"AEW Buys Vegas Retail Center for $56M"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/34bf2de3f952f3db52e303344f1799df","name":"Maria Maruta","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/Maria_Maruta.jpeg?w=78","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/Maria_Maruta.jpeg?w=78","caption":"Maria Maruta"},"description":"Maria Maruta is an Associate Editor with Multi-Housing News and Commercial Property Executive. Maria completed a Bachelor's in Art History and a Master's in Film Studies at the University of Groningen, The Netherlands. Currently, she writes commercial real estate news, particularly on the office, retail, coworking and self storage sectors. You may reach her at maria.maruta@cpe-mhn.com","url":"https:\/\/www.commercialsearch.com\/news\/author\/maria-maruta\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/11\/Vista-Commons-in-Las-Vegas-edited.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004737788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/3619"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004737788"}],"version-history":[{"count":7,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004737788\/revisions"}],"predecessor-version":[{"id":1004737902,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004737788\/revisions\/1004737902"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004737790"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004737788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004737788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004737788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}