State: Nevada - NV

Western Properties Trust, which has been looking for a suitor, has apparently found one. The talk in real estate circles is that the REIT is close to striking a deal to be acquired by an unidentified West Coast shopping center ...

March 22, 2000NORTHBROOK, Ill. – Grubb & Ellis Co. (NYSE:GBE) has entered into a joint venture with affiliate Grubb & Ellis/Pacific Realty to form Grubb & Ellis/Las Vegas.The Las Vegas area has been one of the fastest-growing regions of the ...

March 7, 2000 NEW YORK – The McCann-Erickson Worldwide advertising agency has signed a 21-year lease worth about $500 million, or around $53 per square foot, to move its headquarters to 622 Third Ave., a 39-story tower between 40th and ...

February 28, 2000 LOS ANGELES – LAACO Ltd. has agreed to a one-year lease arrangement to operate 10 self-storage facilities located in Arizona, Nevada and Southern California and has obtained an option to purchase the properties for about $52 million.The ...

November 9, 1999 By Morris Newman, VertiNews.com Correspondent HENDERSON, Nev. – Continental P.E.T., a unit of Owens-Illinois Inc., has paid $10.3 million for a 300,000-square-foot industrial building in this city. The seller was Big O Tires.The building is one of ...

November 8, 1999 NEW YORK – Ian Schrager Hotels LLC has entered into a joint venture with Millennium Partners to redevelop the 689-room St. Moritz hotel in New York.The property, which will be managed by the Ritz-Carlton Hotel Co., will ...

November 4, 1999 By Morris Newman, VertiNews.com CorrespondentLAS VEGAS – Terra Holding Co., a local investor, paid $12.5 million, or $68,000/unit, for Rancho Destino, a 184-unit apartment complex at 4355 S. Durango Drive. The seller was Juliet Properties of Las ...

The Abbey Co. is on a buying tear. The additional debt from Bank of America will allow it to pursue properties in regions outside of Chicago.

October 14, 1999 NEW YORK – Sonnenblick-Goldman Co., acting as the financial advisor to High Rise JV, LLC, has arranged $69 million in construction financing for what will be called Park Towers at Hughes Center in Las Vegas. The project ...

September 29, 1999 LAS VEGAS – Retail developer David DePierro of Dana Point, Calif., paid $5 million for 13.05 acres of land adjoining a Home Depot site where he plans to build a community shopping center. The seller is Home ...