Las Vegas Commercial Real Estate

NAI Global, the world’s largest network of independently owned commercial real estate brokerage firms, is hosting its 2007 Convention at Caesars Palace in Las Vegas from January 23-26.
The program will include informational sessions led by top industry experts as well as executive level education courses. More than 1,200 NAI professionals, affiliates and clients from around […]

Today, Destination Villas announced its intentions to sell what they call a prime 10-acre lot on the Las Vegas Strip. This property is located at the southeast corner of Las Vegas Boulevard South and Cactus Avenue. Asking price according to a recent press release is $220M.
The surrounding property includes approximately 5.8 billion […]

With the condo market dropping significantly in several areas, including Las Vegas, many developers have decided to convert their luxury condo projects into apartment complexes — at least for the time being. This way, they rationalize, they can raise some revenues from rents as they wait for the condo surplus to shrink.
It’s a […]

Builders attending a AGC members luncheon probably heard the phrase, “do you want the bad news first or the good?” in terms of building materials and prices. According to Ken Simonson, chief economist of the Associated General Contractors of America, the good news is that prices for raw materials such as copper and […]

The Diablo Industrial Center, a 500,000 square foot industrial park, recently sold for $59.875 million. The buyer, Harsch Investment Properties, owns and operates 130 other properties with a combine market value of $2.5 billion in five states.
Built between 1995 and 1999, the Diablo Industrial Center is a multi-tenant complex consisting of six buildings on […]