Las Vegas Commercial Real Estate

Developer, Roger Anderson has completed the 48,500-sf mixed-use center and has leased it out, and now he’s looking to sell it for $20.9M. Three years prior, Anderson had purchased the property for development for around $2.2M and built Red Rock Plaza for $8M. At that time, the land price was approximately […]

A recent report by Applied Analysis indicates that for the first time since 2003 when the condo-boom hit LV, that the inventory levels have declined. The total at the end of the first quarter of 2007 was 97,800, down from 98,400 at the start of the year.
Breakdown:
4,200 units - completed
13,400 units - under construction
9,584 units […]

Plaza Las Americas Shopping Center is a 31,000-square-foot, two building project currently under construction at 536 and 546 North Eastern Avenue in Las Vegas. The development is expected to cater specifically to the needs of the growing Hispanic community in Las Vegas.
Signed tenants include Centravel, Gomez Consulting, My Dreams, La Cocinita, […]

Real estate investors looking to diversify their portfolios may want want to look to San Diego. Recently, the city council approved the mayor’s plan to put 17 city-owned properties on the market for sale. This bundle of properties includes downtown high-rises, million-dollar La Jolla homes and vacant dirt lots. The city is […]

A private group recently sold the 18,465-square-foot industrial building at 3910 Graphic Center Drive to Graphic Center Drive LLC. The building, purchased as an investment, was sold for $3.09 million, or about $167 per sq. ft., with a 7.5% cap rate. It was only been on the market for one week prior to […]