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Las Vegas
Commercial Real Estate News
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Las Vegas Office Sales Recovering
The 86,729-square-foot Parkway Medical Plaza in Henderson, NV After declining precipitously during the recession, office investment in the Las Vegas Market has nearly returned to pre-recessionary levels. Office sale volume in Las Vegas reached nearly...

JMA Ventures Picks Up Five Henderson Office Bldgs. for $51.8M
The 45,871-square-foot office building at 2500 Paseo Verde Pky. in Henderson, NV A joint venture between San Francisco-based JMA Ventures, a full-service investment and development firm focusing on real estate and leisure-lifestyle assets, and Chicago...

Casa Mia Pays $17M for 89,000-SF Charleston Tower in Las Vegas
The 88,726-square-foot Charleston Tower at 1701 W. Charleston Blvd. in Las Vegas Casa Mia, a local private investment firm, purchased two office buildings totaling 88,726 square feet, along with a two-story parking garage, from Jade Enterprises. Charleston...

Sprouts Farmers Market Signs 30,000-SF Lease in Las Vegas
The 358,632-square-foot Rainbow Plaza shopping center in Las Vegas Sprouts Farmers Market signed a 30,000-square-foot lease at Brixton Capital’s Rainbow Plaza shopping center in Las Vegas. The Phoenix-headquartered supermarket chain will take a portion...

Seattle-based Investor Pays $6M for Las Vegas Apt. Complex
The 72-unit Mountain Paradise Village in Las Vegas A private investor based in Seattle purchased a 72-unit apartment complex in Las Vegas from a San Clemente, CA-based private investor. Mountain Paradise Village sold for $6 million, or approximately...

VanTrust Real Estate Breaks Ground on 714,000-SF Facility in North Las Vegas
Rendering of the 714,000-square-foot facility for Sephora at the master-planned Tropical Distribution Center industrial park in North Las Vegas VanTrust Real Estate broke ground on a 714,000-square-foot warehouse at the master-planned Tropical Distribution...

VICI Properties Completes Octavius Tower Purchase at Caesars Palace Las Vegas for $508 Million
Octavius Tower at Ceasars Palace, Las Vegas (building on left side of photo) VICI Properties Inc., a real estate investment trust that owns a number of high-profile gaming properties, completed the cash purchase and leaseback of Octavius Tower at Caesars...

SunCap, Colony Break Ground on 753,000-SF Spec Ind. Campus
Rendering of the 207,739-square-foot Building 1 at the SunPoint Crossing industrial campus in Las VegasCredit: SunCap Property Group SunCap Property Group and Colony Industrial broke ground on SunPoint Crossing, a 752,534-square-foot industrial campus...

Henley USA Adds 512 Units to Las Vegas Portfolio
Private equity shop Henley Investments continues to expand its joint venture with Tower 16 Capital Partners in Las Vegas, striking a deal to buy a large but dated Las Vegas apartment complex in an off-market transaction. Henley, a U.K. company whose...

The Siegel Group Sells 62-Room Las Vegas Mountain Retreat Hotel
The 62-room Las Vegas Mountain Retreat Hotel at 2755 Kyle Canyon Rd. in Mt. Charleston, NV Two private investors purchased a 62-room resort in Mt. Charleston, NV from The Siegel Group (TSG), a privately held real estate investment and management firm...

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