Tropicana Centre Sold for $39.8 Million

Colliers International announced the finalization of a sale a property is located at 3035 to 3375 E. Tropicana Ave. in the Tropicana Centre.LAS VEGAS – Colliers International – Las Vegas announced the finalization of a sale of retail power center to Arilex Tropicana Associates LLC. The 589,191-square-foot property is located at 3035 to 3375 E. Tropicana Ave. in the Tropicana Centre. The total transaction value was $39,800,000. Joe Bonifatto and Frank Marretti of Colliers International represented the seller, Gregg Williams.

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Colliers International is a global leader in commercial real estate services, with over 13,500 professionals operating out of more than 482 offices in 62 countries. A subsidiary of FirstService Corporation, Colliers International delivers a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and insightful research. The latest annual survey by the Lipsey Company ranked Colliers International as the second-most recognized commercial real estate firm in the world.

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