Las Vegas Commercial Real Estate

Colliers International is reporting that the U.S. office vacancy rate fell to 12.96% in the third quarter from 14.13 percent a year ago. Nationwide, rents increased with asking prices for space in high-quality downtown office buildings rising 11.8% to an average $38.55 a square foot from $34.48 a year earlier. Colloiers found […]

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Marnell Properties is moving forward on its plans to build a 253,000-square-foot office complex adjacent to McCarran International Airport. The Marnell Airport Center’s first phase will begin in the first quarter of 2007 and will include the construction of a three three-story buildings and one single-level structure. Additional phases are expected to […]

The $100M, 255-room Platinum Hotel & Spa opened its doors last week. It is significant because it is one of the first condo-hotels near the Las Vegas Strip to complete and open its doors. The Platinum did well in pre-sales being 80% sold out prior to receiving their financing some 20 months […]

Burnham Real Estate Oncor International, a provider of commercial real estate services with offices throughout Southern California and Nevada, has announced that it has formed a partnership with Las Vegas-based RL Moore & Associates. Burnham, which also owns the Realty Holdings Group, manages a 2 million sq. ft. commercial real estate portfolio in the […]