Marketing - Las Vegas

  • Doors Open at WestCorp Management Group’s New 308-Unit Apartment Community

    WestCorp Management Group announced the official grand opening of its newest apartment community in Southern Nevada.

    08 May 2015 14:17
  • Partners Capital Acquires Sunset Shopping Center in Henderson

    The city’s retail market is currently seeing some relief, with a rebound well underway in terms of development and acquisitions. With rents finally headed towards a positive year-on-year change, investors are once again looking toward the Las Vegas market for opportunities. A joint venture created by Partners Capital and its affiliates has now moved to acquire the Sunset Shopping Center in the Las Vegas submarket of Henderson for an undisclosed amount.

    10 July 2014 04:10
  • KRE, Dune Acquire 5 M-F Assets for $237M; South Blvd. Apartments Fetches $42M

    By Alex Girda, Associate Editor, and Paul Rosta, Senior Editor Las Vegas’ residential market ended 2013 with a flurry of high-profile multi-family transactions. In a $237 million deal, KRE Capital and Dune Real Estate Partners teamed up to acquire five residential properties comprising 1,435 rental and condominium units, VegasINC.com reports. The seller, ST Residential, was [...]

    11 January 2014 21:06
  • Henderson’s $1.6B Union Village Wins Hospital Commitment from Valley Health

    For a while now, a massive health care-centric development has caught the attention of media outlets as the ambitious project aimed to create a new community in Henderson, relying mainly on a number of facilities aimed at providing quality health care for the region. Union Village is set to cost a total of $1.6 billion dollars, to be developed by master planner Union Village LLC over a number of years. Now, Valley Health System has expressed serious interest in being taking over the centerpiece of the community, the acute-care hospital that will act as the anchor tenant for the village.

    19 December 2013 19:32
  • Juno Plans Fall 2014 Opening for Bazaar-Flavored Retail Project on the Strip

    With the office market showing signs of life and the residential market having its best year since the downturn, Las Vegas’ retail market has also seen important boosts in terms of new projects and completions. One of the largest projects of its kind, the Grand Bazaar Shops will attempt to breathe new air into the Las Vegas Strip’s retail profile, betting big on a vibrant new concept of commerce, right at the entrance to Bally’s Las Vegas.

    12 December 2013 18:27
  • MVP Wraps $55M Office Acquisition as Market Shows Signs of Reversing Decline

    A few weeks ago it was revealed that an office deal is going on where MVP Real Estate Investment Trust Inc kept closing deals for buildings part of a local office park. Now the company has completed yet another deal, this time for the final asset in the campus at 8945 W. Post Road. MVP acquired the property for a fee of $6.1 million, a press statement issued by the company indicates.

    05 December 2013 22:59
  • New Office Product Nears Debut as Job Picture Brightens

    By Alex Girda, Associate Editor As office rents stabilize and surge of new office product approaches the Las Vegas market, a new study confirms that local economic fundamentals are continuing to improve. Employment improved to the tune of a 2.3 percent increase in payroll, reflecting the creation of 19,300 jobs over the past 12 months, [...]

    19 October 2013 18:42
  • Shops at Summerlin Lands Nordstrom Rack for Fall 2014 Opening

    As new areas of the city’s real estate market such as residential and office show signs of improvement, it helps to know that Las Vegas still packs a punch when it comes to retailers. Seattle-based clothing retailer Nordstrom has recently announced that it is expanding its operations with a new Nordstrom Rack store that will be placed in The Shops at Summerlin, one of the largest retail projects in the entire country. Nordstrom Rack offers shoppers items from the retailer’s Nordstrom stores as well as Nordstrom.com, from the retailer’s top brands at discounted prices.

    02 October 2013 22:21
  • Miracle Mile Refinancing Yields $580M for Tristar Capital, RFR

    One of Las Vegas’ signature shopping spots on the Strip is the Miracle Mile Shops, one of the largest and best-known retail facilities in Sin City. The property made headlines recently for a massive refinancing deal completed by HFF on behalf of the owner, a joint venture between Tristar Capital and RFR Holding LLC. The total amount obtained in the refinancing process stands at $580 million. Robert K. Futterman & Associates acted as the joint venture’s project marketing and leasing advisor in the process.

    12 September 2013 15:55
  • Ad Agency Holds Whimsical Contest for $1-Per-Month Sublease Space

    The coverage regarding the city’s housing market has been extensive, and for anything else, the Downtown Project has been the go-to topic. However, Las Vegas has been looking for good news for years, and now the positives might begin to outweigh the negatives with an office competition that would help out a lucky start-up in Sin City. Specifically, VegasINC.com recently reported that an advertising agency is looking to sublet 1,000 square feet of office space, for $1/month. The company has staged a competition to determine which new venture will secure the space. The campaign was launched in honor of the Las Vegas Startup Weekend, as well as the inaugural year of SXSW V2V.

    16 August 2013 22:09
  • Hughes Sale Adds to $100M Run by CPI/Buchanan Street JV

    By Alex Girda, Associate Editor In the latest in a series of dispositions, CIP Real Estate and Buchanan Street Partners have sold the 114,500-square-foot Konami Building in the Howard Hughes Airport Center to the building’s tenant, Konami Digital Entertainment, the Las Vegas Review-Journal reported. Last December, the partners sold a 425,000-square-foot portfolio at the Hughes Airport Center. That followed  the [...]

    18 May 2012 18:58
  • As Retail Struggles Continue, a Henderson Duo Thrives

    By Alex Girda, Associate Editor The Las Vegas retail market remains a troubled corner of the economic landscape. Vacancy hit 10.6 percent during the fourth quarter of 2011, more than three times the 3.2 percent rate recorded at the market’s peak in [...]

    09 February 2012 00:18
  • Excel Trust, Primestor Buys Point to Retail Recovery

    By Alex Girda, Associate Editor If December is “the Black Friday of real estate,” as RealEstate.com’s stated recently, the month has started strong in the Las Vegas market. A pair of retail centers changed hands as their buyers made their debuts [...]

    08 December 2011 18:43
  • Can Valley Condo Market Go any Lower? Office Market Shows Signs of Life According to Area Professionals

    By Alex Girda, Associate Editor Investors are acknowledging the opportunities they have received with recent median price slides a Residential Resources of Las Vegas report indicates. Condominium and townhome sales have seen increased interest during the past few months as median [...]

    05 December 2011 05:34
  • Housing Environment May Create Favorable Economic Climate for Corporations

    By Alex Girda, Associate Editor The economic breakdown is Las Vegas’ own leitmotif when dealing with all things finance, but some seem to look at it from a different perspective. Sure home prices are down to 90’s levels and the word [...]

    18 September 2011 19:09