Nevada
Las Vegas Retail and Medical Center Sells for Nearly $300/SF
Nellis Plaza, an 83,900 sf, retail shopping and medical center in Las Vegas, was acquired by Glen Una Management for… Read more
Artemis Real Estate Partners’ $1B JV Buys Portfolio of 12 Medical Office Buildings
Chevy Chase, MD-based Artemis Real Estate Partners — in a $1-billion joint venture with Jupiter, FL-based Rendina Healthcare Real Estate… Read more
PREMIER Begins Construction on Reno-Area Logistics Complex
PREMIER Design + Build Group has broken ground on a large, three-building distribution project in Fernley, NV. The complex, called… Read more
Rendina Healthcare Real Estate’s $1B JV Buys Portfolio of 12 Medical Office Buildings
Jupiter, FL-based Rendina Healthcare Real Estate — in a $1-billion joint venture with Chevy Chase, MD-based Artemis Real Estate Partners… Read more
Six Fast-Growing Cities with Fast-Growing Retail
More than two years after the first COVID-induced lockdowns, occupancy of new retail assets is now at an all-time high,… Read more
N. Las Vegas Largest Mixed-Use Project Underway
Agora Realty and Management (Agora) has begun work on a 29-acre mixed-use master-planned commercial district in downtown North Las Vegas.… Read more
Digging into the Kroger/Albertson’s Merger: Q&A with Placer.ai’s R.J. Hottovy
On Oct. 14, 2022, Kroger and Albertson’s Cos. announced a merger valued at more than $20 billion. The news, perhaps… Read more
Top Performing Las Vegas CRE Team Joins Colliers
Colliers announced the addition of Adam Malan, Deana Marcello, Areeba Moten, and Monica Vanyo to its brokerage services platform in… Read more
Las Vegas Value-Add Asset Upgrading to Premium
DB Capital Management closed on its first multifamily in Las Vegas, paying $64 mil for The Boulevard ($216,000/unit). The 296-unit… Read more
Howard Hughes Going Large in West Phoenix
The area west of Phoenix is exploding. Towns like Buckeye and Goodyear have seen double-digit year-to-year growth. The Phoenix area leads… Read more
Development Group to Build 15 Extended Stay Hotels in SW USA
Developer Concord Hospitality and private equity firm Whitman Peterson are partnering to build 15 Extended Stay America Premier Suites hotels.… Read more
CBRE Brokers Two Far West CRE Sales
CBRE announced the sale of 5500 Greenwood, a 69,855-sq.-ft. office building in Greenwood Village, Colorado. A private investor acquired the building… Read more
Kidder Hires Bay Area Veteran as President of Brokerage
Kidder Mathews continues to expand in Northern California, adding Bay Area real estate veteran David Nelson as Regional President of… Read more
Las Vegas Business Park Lands Tenant, Starts Phase III
The Newport Beach office of Trammell Crow Company (TCC) and Washington Capital Management, announce that they have signed a new… Read more
North Palisade Acquires Reno Site for Industrial Development
Los Angeles-based industrial development and investment firm North Palisade Partners has acquired a 6.4-acre site in McCarran, NV where it… Read more
IPA Brokers Sales of Two Sunbelt Apartment Communities
Institutional Property Advisors (IPA) brokered the sale of two apartment assets, one in Las Vegas and the other in Mesa,… Read more
PENN Entertainment to Convert Riverboat Casinos to Land-Based Facilities
PENN Entertainment, Inc. intends to relocate its riverboat casinos in Aurora and Joliet, IL to new land-based facilities and to… Read more
Massive Medical Complex Planned for N. Las Vegas
Pacific Group has broken ground on Helios, a 135-acre medical campus located in North Las Vegas at the corner of… Read more
North Palisade Partners Plans New Industrial Facility Development in Reno
North Palisade Partners, a development and investment firm focused on industrial properties, industrial outdoor storage (IOS), and self-storage properties, acquired… Read more