Nevada
Tropicana to Make Way for A’s Stadium
The iconic Tropicana Las Vegas Resort will close on April 2 to make way for the construction of a baseball… Read more
CEDARst/Bridge Team Up on $180M Vegas Apartment Buy
A joint venture between CEDARst Companies and Bridge Investment Group (NYSE: BRDG) has acquired a 2.29-acre site within the Las… Read more
CapRock, Ares Trade Vegas Business Park for $55M
CapRock Partners and Ares Asset Management have sold the Spanish Ridge Industrial Center, comprising three Las Vegas Class A industrial… Read more
Phoenix Rental Community Sells for $530K/Unit
A newly constructed 16-unit luxury apartment community in Phoenix was recently sold for over $500,000 a unit. A Las Vegas-based… Read more
Las Vegas BTR Homes Reach $7,000/Mo
The BTR market has mostly tried to find an alternative for highrise apartment living, at a similar rental price. Except… Read more
Westin Tempe Goes to Auction
The owner of the Westin Tempe can’t make the loan payments, and unless something changes soon, it faces a foreclosure… Read more
Aldi Building First Nevada Store
German-based grocery chain Aldi is planning on moving into a former Bed, Bath and Beyond in Henderson, Nevada. Once built… Read more
Prologis Offers to Buy Oakland Raiders HQ
Industrial real estate giant Prologis has proposed buying the former Oakland Raiders headquarters in Alameda for $24 million, keeping the… Read more
PowerHouse Buys 145 Acres to Build Data Center
PowerHouse Data Centers, backed by a joint venture between American Real Estate Partners (AREP) and Harrison Street, has completed the… Read more
Phoenix Industrial Sector Leads Nation
Phoenix continues to lead the nation in industrial deliveries through Q4 2023. In Q4, the Valley delivered over 8.8 million… Read more
Musk’s Las Vegas Loop Adding 2 Stations
Each station the Boring Company builds onto its Las Vegas tunnel loop system adds millions of dollars to the investments… Read more
Las Vegas Prepping for Big 2024 CRE Projects
Las Vegas had a record-breaking year for grand openings of major attractions in 2023. The Las Vegas Review Journal reports… Read more
Massive Master-Planned Community Planned for NW Arizona
A Las Vegas developer, Allan Barbarich, is banking on the pot of gold at the end of the I-11 rainbow.… Read more
Apple Hospitality Pays $75M for LV Convention Center Hotel
Apple Hospitality REIT has acquired the 299-room SpringHill Suites by Marriott Las Vegas Convention Center for approximately $75 million, or… Read more
Las Vegas Multifamily Activity Shows Mixed Results
The Las Vegas multifamily market posted a mixed performance during the third quarter, with rents inching lower despite a modest… Read more
400K SF Las Vegas Retail Center Tops Out
BLVD has reached the midway milestone of a retail destination that will blend a number of concepts and shops. Connecting… Read more
BKM Capital Partners Acquires 450K SF Portland Industrial Park
BKM Capital Partners, an institutional fund manager, has acquired the 217 Distribution Center, a five-building, multi-tenant industrial park in metro… Read more
Seattle E-Commerce Battle Ensues as Zulily Sues Rival Amazon
Seattle online retailer Zulily, an online retailer owned by private equity firm Regent LP, has accused fellow e-commerce giant Amazon… Read more