LAS VEGAS, NV – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of a 43,168 square-foot office property located in Las Vegas, NV, according to Richard A. Bird, regional manager of the firm’s Las Vegas office.
Tina D. Taylor, Vice President Investments, and Tim Erickson an investment specialist in Marcus & Millichap’s Las Vegas office, had the exclusive listing to market the property on behalf of the seller, a bank/financial institution. The buyer, a limited liability company, was secured and represented by Charles J. Connors, a Senior Associate in Marcus & Millichap’s Las Vegas office.
The office property is located at 2235 East Flamingo Road in Las Vegas, NV. According to Taylor and Erickson, “This offering consisted of three separate buildings, with the north building being perpendicular to Channel 10 Drive and the entire site near the northwest corner of the intersection of East Flamingo Road and Channel 10 Drive, in the central portion of Las Vegas, Nevada.” Connors adds, “This was yet another Las Vegas asset featuring a motivated Seller, at a very low price per square foot being offered in today’s market.”
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With more than 1,000 investment professionals in offices nationwide, Marcus & Millichap Real Estate Investment Services is the largest firm specializing in commercial real estate investment services in the nation. Marcus & Millichap closed 6,149 transactions in 2012, the highest of any commercial real estate brokerage firm. Founded in 1971, the firm has perfected a powerful system for marketing properties that combines product specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology and relationships with the largest pool of qualified investors nationally.
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