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 [...]

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 [...]

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 about [...]

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 [...]

(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 Vegas markets. [...]