Summerlin, Nev. — Faris Lee Investments has arranged the $51 million sale of a freestanding, 145,000-square-foot single-tenant property triple-net leased to Life Time Fitness in the Las Vegas suburb of Summerlin.
Las Vegas — Marcus & Millichap has arranged the $2.85 million sale of Tierra Rainbow, an 11,759-square-foot multi-tenant shopping center located in Las Vegas.
Irvine, Calif. — Irvine-based Faris Lee Investments has arranged the sale of two single tenant buildings occupied by Walgreens and Miller’s Ale House Restaurant.
Henderson, Nev. — Vestar has completed a $120 million buyout of The District at Green Valley Ranch, a 37-acre, 384,107-square-foot retail property located 10 miles southeast of the Las Vegas Strip.
Las Vegas — NorthMarq Capital has arranged the $16.85 million refinance of Trop Dec Plaza, a 74,824-square-foot retail property located on Tropicana Avenue in Las Vegas.
Shoppers are now looking for retail centers where they can connect with their community and share experiences with family and friends. How do retail centers leverage this shift in retail experience to impact their bottom line?
Spring Valley, Nev. – Ikea will also evaluate potential on-site power generation possibilities to complement its renewable energy presence at nearly 90 percent of its U.S. locations.