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Coast Hotel & Casinos Buys Land Off Centennial Parkway for $35M

Exber Inc. Sells 40 Acres for Future Business Development
By Jordan Sisson
April 5, 2006 | 3:57 P.M.

Coast Hotel & Casinos Inc. acquired 40 acres at the southwest corner of Centennial Parkway and Lamb Boulevard from Exber Inc. for $35 million or $875,000 per acre. The land is C-2 zoned. Subject property will be used to construct a hotel and casino. There were no brokers involved in this transaction.

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