Las Vegas Commercial Real Estate

Las Vegas Business Press - Equastone recently purchased an 11-story, 70,000-square-foot office tower and adjoining parking garage in downtown Las Vegas for $9.3 million, or $132.85 per square foot, from Buffalo Nickel Limited Partnership.
The Class B building, located at 330 S. Third St., is currently 64 percent occupied with the Clark County court system as […]

BusinessWire - Panorama Towers developer Laurence Hallier said the Las Vegas high-rise market remains strong, despite some well-publicized projects folding recently.
For proof, Hallier points to the success of Panorama, which overlooks the Las Vegas Strip. It recently exceeded $750 million in sales and moves in its first buyers this summer.
“There were a couple of factors […]

ReviewJournal.com - KB Home executive Christopher Stephens saw a dramatic shift in the local housing market two years ago. Stephens, recently speaking at a housing seminar held by the Urban Land Institute’s Las Vegas chapter, said several factors have combined with land costs to increase median home values from $150,000 five years ago to […]

AP - The owners of the Hard Rock Hotel & Casino in Las Vegas say they’re considering selling the hip property just east of the Strip.
Las Vegas-based Hard Rock Hotel Inc. announced Tuesday that it has received more than one offer to buy the hotel-casino that caters to a young, carefree audience.
“The company has determined […]

(PRWEB) — For an investment group that concentrates mostly on preconstruction investments, today’s announcement that real estate investors at GetPreconstructionDeals.com will acquire over $10 million in condo conversion units has surprised many industry insiders. The group’s investors will be purchasing units in two condo conversion projects located in the Tampa Florida and the Las […]