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Investors Trade Park Place Office Bldg. for $21M

Property at 325 E. Warm Springs Road Sells
By Philippe Recto
March 25, 2008 | 4:42 P.M.

Steven Zimmerman of Barclay Las Vegas LLC purchased 325 E. Warm Springs Road in Las Vegas from Ronald Robinson of Park Place Properties LLC for $21 million or $300 per square foot, as an investment with a down payment of $8.7 million. The transaction was the buyer's upleg in a 1031 exchange.

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News | Investors Trade Park Place Office Bldg. for $21M