The developer has exercised its buy/sell option on The Forum Shops at Caesars in Las Vegas, forcing Simon Property Group to sell its stake in the upscale mall or buy the entire property, which the deal values around $590 million. ...
January 6, 2003 OneCap Properties has paid $21.9 million for a retail site on the Las Vegas Strip triple net leased by Walgreen Co.The 16,000-square-foot building is on a 1.6-acre property on the northeast corner of Las Vegas Boulevard and ...
The building, located on the Strip, is triple net leased by Walgreen Co.
December 30, 2002 A unit of Alexander & Baldwin Inc. (Nasdaq:ALEX) has paid $20.1 million for the Sparks Business Center, a 396,080-square-foot industrial property in suburban Reno, Nev.The four-year-old property contains four buildings on a 20.7-acre site. Major tenants include ...
December 20, 2002 Arbor Commercial Mortgage LLC has provided $25.5 million of bridge financing for the Grand Plaza Apartments, a 676-unit complex in Las Vegas.The bridge loan allows the apartment complex to be refinanced. It carries a 36-month term and ...
The New York REIT is assuming debt in its purchase of the 1.1 million-sf landmark office building and redeeming a preferred equity investment it made. It is also paying $90 million for a lower Manhattan office building.
Major tenants include Carrier Corp. and Unique Industries
November 12, 2002 MeriStar Hospitality Corp. (NYSE:MHX) has sold the 201-room Crowne Plaza in Las Vegas to a private, California-based investment partnership for an undisclosed amount.The Washington-based hotel REIT plans to use proceeds from the sale to pay down existing ...
October 29, 2002The Molasky Group of Cos. has over the last few months sold five Las Vegas-area properties in deals totaling $150 million. The sales were orchestrated to fund the family-owned firm's development plans. The Las Vegas-based company sold three ...
Power center is adjacent to the Galleria at Sunset mall and occupied by Best Buy, Bed Bath & Beyond, etc
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