Las Vegas high rise One Queensridge Place saw a year-over-year increase in residential transactions of more than 300 percent.
Queensridge Properties, LLC recently announced the sales figures at the two luxury towers, which are located near the western edge of the Las Vegas Valley. The company was involved in 55 transactions exceeding $100 million in 2013. The previous year saw sales of $30 million. Total sales for 2010 and 2011 were a combined $20 million.
“It has been our goal to sell out all new residences at One Queensridge Place by the end of 2014, as well as have a strong position in the resale market at the towers,” says One Queensridge Place SVP of Sales and Marketing Randy Char. “Thanks to our executive sales team and an outstanding response from buyers in the market we are exceeding our goals and expectations.”
Char added, “We are finding many new residents coming to One Queensridge Place from Southern California due to the tax benefits. Our home owners are often paying in cash and are responding almost immediately to the lifestyle, amenities and peace of mind that the towers offer.”