Retail Summary: Fourth Quarter 2013

Southern Nevada The Las Vegas retail vacancy rate fell below 10 percent or the first time since 2008 as it ended 2013 at 9.2 percent. The latest rate is down 0.2 percentage points from the prior quarter and represents a decline of 0.8 percentage points from the prior year. During the fourth quarter, the retail… [More...]

Colliers International Finalizes Sale of Tropicana Centre for $39.8 Million

Colliers International announced the recent finalization of the sale of Tropicana Centre in Las Vegas for $39,800,000.

LAS VEGAS – Colliers International announced the recent finalization of the sale of Tropicana Centre in Las Vegas for $39,800,000. The retail power center was sold to New Jersey-based investment firm, Arilex Tropicana Associates LLC. The 589,191-square-foot property, one of the largest and most prominent in Las Vegas, is located at 3035 to 3375 E. Tropicana… [More...]