Las Vegas — A joint venture between CityCenter Holdings LLC, Invesco Real Estate (NYSE: IVZ) and Simon Property Group (NYSE: SPG) has agreed to acquire The Shops at Crystals in Las Vegas from an undisclosed seller for approximately $1.1 billion.
Sparks, Nev. — Shopoff Realty Investments has acquired Iron Horse Shopping Center, a 186,000-square-foot retail center located in the Reno suburb of Sparks.
Las Vegas — NorthMarq Capital has secured the $26 million refinance of Desert Marketplace, a 251,785-square-foot mixed-use property located on West Warm Springs Road in Las Vegas.
Las Vegas — Wynn Las Vegas is set to develop Wynn Plaza, a 75,518-square-foot luxury retail complex set to augment the existing retail collection at Wynn Las Vegas and Encore on Las Vegas Boulevard.
Las Vegas — Meridian Capital Group has arranged $20 million in financing for the acquisition of a single-tenant, 16,000-square-foot Walgreens located on the Las Vegas Strip.
Reno, Nev. — Lee & Associates has arranged the $25.5 million sale of South Creek, a 66,834-square-foot, 29-unit shopping center located in Reno.
Las Vegas — Marcus & Millichap has arranged the $10.55 million sale of Sahara Durango Retail Shopping Center, a 45,000-square-foot shopping center located in Las Vegas.
Las Vegas — Sterling Organization has acquired Smith’s Shopping Center, a 108,731-square-foot grocery-anchored retail plaza located in Las Vegas, for $20 million.
Henderson, Nev. — GK Development Inc. has acquired Lake Mead Crossing, a 407,000-square-foot shopping center located in Henderson, for $42.75 million.
Henderson, Nev. — HFF has secured $72 million in acquisition financing for The District at Green Valley Ranch, a 384,724-square-foot mixed-use retail and office center in the Las Vegas suburb of Henderson.