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World Pack USA Doubles Occupancy at Sunrise Industrial Park
Warehouse and distribution provider World Pack USA signed a 20-month lease to expand their existing 251,857 square feet in Sunrise Industrial Park to occupy a total of 523,473 square feet. The company now occupies both 2880 N Lamb Blvd. and 2861...

Blackstone Remains Active Player in CMBS, Taps Market to Refi $3.33 Billion in Property Loans
JW Marriott Grande Lakes, OrlandoBlackstone Group (NYSE:BX) affiliates have completed three more major property refinancings in the commercial mortgage backed securities markets in recent weeks. The CMBS trust balances total more than $3.33 billion...

Sexton Joins NAI Vegas
Erik Sexton joined NAI Vegas as a senior vice president. Sexton will be working as an industrial specialist , specializing in investment sales and office and industrial landlord representation. He was previously an executive vice president at Sperry...

Pebble Place Business Center Sells for $12.65M
Seavest Realty Inc. sold the Pebble Place Business Center in Las Vegas to Paseo Verde Group LLC., for $12.65 million, or about $244 per square foot. The two-property office portfolio was fully occupied at the time of sale. The buyer was involved in...

High-Rise Mixed-Use Project Planned in Las Vegas
American California Property Management Co. has proposed a 5-acre mixed-use development near The Strip and monorail station on Sahara at 511 E Sahara Ave. in Las Vegas. The $29 million project would feature more than 900,000 square feet of retail, restaurant...

The Siegel Group Sells 92-Unit Las Vegas Multifamily Complex for $7.3M
The Siegel Group Nevada, Inc., a real estate investment company, sold the 92-unit Siegel Suites St. Louis, located at 525 E Saint Louis Ave. in Las Vegas, NV, to an individual investor for $7.3 million, or about $79,000 per unit. This 90,610-square...

Pitoniak Leading Latest Gaming REIT Created in Spin-off from Caesars Entertainment
Born out of the bankruptcy reorganization of Caesars Entertainment Corp., VICI Properties Inc. (OTCMKTS:VCCP) was spun-off earlier this year as the owner of a diverse portfolio consisting of 19 gaming facilities including Caesars Palace Las Vegas, and...

Advantage Warehouse and Logistics, Pilot Air Freight Leases 168,000 SF in Beltway Business Park - Bldg 9 (Correction)
Advantage Warehouse and Logistics, an e-commerce, retail order fulfillment and supply chain management company, signed a five-year lease for 98,500 square feet in the industrial building at 7015 Corporate Plaza Dr. in Las Vegas, NV. In a separate deal...

Green Valley Town Center Sells for $21.5M
American Nevada Company sold the Green Valley Town Center in Henderson, NV to ABC Vegas Properties, Inc. for $21.5 million, or about $317 per square foot. The 200,669-square-foot, mixed-use center was about 66 percent leased at the time of sale. It...

Veterans Village 3 Pays $6.9M for Las Vegas Health Care Building
Veterans Village 3 LLC acquired the Veterans Village III Assisted Living building in Las Vegas, NV from Srinivasa LLC for $ 6.9 million, or about $246 per square foot. The new Health Care Building finished renovations in 2017 at 100 S. 14th St. in...

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