Las Vegas Commercial Real Estate

Big Box Solutions LLC has sold the 16,570 sq. ft. Magnum Corporate Center for $2.62M, or $158 per square foot, in an owner/user sale. The facility located at 7511 Eastgate Road in Henderson was purchased by Four G Enterprises LLC.
The single-story office building built in 2005 sits on 1.07 acres and features 6,000 square […]

If you are looking to buy commercial office I would recommend finding deal for maximum $220 per sq. foot of finished product. If that’s new construction (gray shell) the maximum price should be $180-$190 (but honestly there are not any like that).
Some offices are already long time on the market (12 months), but negotiating […]

LV-based Gemstone Development expects to break ground by the end of June on its project, Manhattan West. The development is a $330-million mixed-use project with 700 condos, 150,000 sf. of office space and 50,000 sf. of retail. If all goes according to plan, it is expected to finish in mid-2008.
Manhattan West […]

Sunridge Village Northwest LLC purchased the Sunridge Village Plaza for $3.55M or approximately $435.50/sq. ft from Hill Plaza LLC. The 8,147-square-foot strip center is located at 10880 S. Eastern Ave.
The plaza is a multi-tenant strip center featuring such businesses as a salon, restaurants, insurance and real estate company, and medical office.
Reportedly at the […]

Towne Terrace Apartments LLC, a LV investment company, purchased the Towne Terrace Luxury Apartments for $5.05M or $101,000 per unit at a cap rate of 4.8%.
Built in 1983, the Towne Terrace Luxury Apartments are a mid-rise, 50-unit complex consisting of 21 studio units, seven one-bedroom units, 11 two-bedroom units and 11 two-story condo lofts. Subterrain […]