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Century Park Las Vegas Sells for $13M

Burnham's First Investment Brokerage Transaction in Vegas
By Jeff Hitch
November 8, 2004 | 6:29 P.M.

BGK Properties, c/o Tomorrow 35 Century, LP., based in New Mexico, purchased the 113,173-square-foot, two-story, office building located at 1771 East Flamingo Rd. in Las Vegas, NV. Archon Group c/o WXI/MCN Commercial Real Estate, LP sold the office building for $13.05 million, or approximately $115 per square foot. The cap rate at the time of sale was reported at 8.5 percent.

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