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Archive for May, 2006

Another One Bites the Dust

Wednesday, May 31st, 2006

Speculation over the viability of the celebrity-backed mega-project, Las Ramblas has ended. The Business Press is reporting that the ambitious $3 billion hotel-condo-casino complex is all but dead. Developers appear to be in talks to sell the project’s real estate for an unspecified price. While not confirmed, one likely buyer may […]

“Too rich for our blood”

Tuesday, May 30th, 2006

While the Las Vegas gaming industry has seen a few major buyouts such as the Aztar Corp. and the Hard Rock Cafe in the past few months, a few other investors are pulling back. For them, the market price has become too rich for their blood.
Reuters is reporting that at least two companies, Trump […]

Not happy with PropertyLine Upgrade

Monday, May 29th, 2006

PropertyLine - Commercial Listing Resource web went through the major update in the recent weeks. I just cannot say I am happy with the way how it turned out. There is much more information and links on each page. It is harder to navigate and use. When going to homepage I have to look at […]

Is this incredible office deal?

Saturday, May 27th, 2006

I am constantly watching commercial real estate market especially office buildings. The main reason is that I am looking for great investment deals. I did all my purchases in Las Vegas, NV, because it is the place where my company is located, but sometimes I feel there might be great opportunities nationwide. It is just […]

Shopping center leases

Saturday, May 27th, 2006

The tenant pays a base rate in conjunction with the square footage of the retail facility. Typically, the tenant will also pay some common charges and frequently a certain percentage of the gross sales. The tenant may also be assessed part of the property taxes. A shopping mall lease will often include terms about signage, […]