Las Vegas Commercial Real Estate

The Las Vegas commercial real estate market continues to attract more out-of-state investors looking for a greater return on their investment. Although the commercial real estate market has remained strong in California, many investors are selling their California properties and turning to other parts of the country where they are likely to receive more […]

A report from Marcus & Millichap Real Estate Investment Brokerage found that apartment rents in the Las Vegas Valley are on the rise as vacancy rates remain at a low of 4%. Low vacancy rates, particularly in the Spring Valley and Henderson/Southeast areas, are giving owners the leverage they have needed to push […]

Will the recent announcement by the Blackstone Group to purchase Sam Zell’s Equity Office Properties Trust for $19 billion open the door to investors that other real estate companies are available for the buying? This deal is the third purchase this year for Blackstone of a real estate investment trust and its 10th […]

Another testament to the power of location. A 7,683-sf, fully leased building at the Silverado Ranch Shopping Center fetched $5.22 million in a recent sale. That’s $680 per sf with a price tag equating to a 5.8% cap rate.
Developer Silverado Wellington LLC. entertained eight offers before selling the property for $5.22 million […]

The industrial real estate market remained strong for the third quarter of 2006 meeting the expectations of industry watchers. Colliers International reported vacancies at 8.2%. This number was down from 8.3% in the second quarter.
The only surprise came in the area of rents which trended higher than expected. Warehouse […]