Vegas Home Prices Rise, Market Sees More Traditional Buyers

The median price of an existing single-family home sold in Southern Nevada during June was $199,900 – the highest mark since September 2008. This is according to recent statistics released by the Greater Las Vegas Association of REALTORS (GLVAR). The median price is 2.5 percent higher than May and up over 14 percent compared to June… [More...]

Foundation Raising Funds for Veterans Memorial in Downtown Las Vegas

A local foundation is raising money to build a “world-class” veterans memorial in downtown Las Vegas. The Las Vegas Veterans Memorial Foundation is seeking $2.2 million through its Brick Campaign, where bricks are being sold at a range of $250 to $550. All bricks can be purchased in honor of a veteran and customized with the… [More...]

The Howard Hughes Corporation Announces One Summerlin – First Class A Office Building in Downtown Summerlin Opening Late 2014

The Howard Hughes Corporation announced that One Summerlin a Class A office building will open in late 2014.

LAS VEGAS – The Howard Hughes Corporation (NYSE: HHC) announced  that One Summerlin, a 200,000-square-foot, eight-story, Class A office building in the heart of Downtown Summerlin will open in late 2014 and is already more than 20% pre-leased. Now under construction in the Summerlin master planned community’s emerging 400-acre downtown, One Summerlin is unmatched in amenities offering an urban experience within… [More...]

Booking.com Joins The HC | Hughes Center

Colliers International announced the finalization of a lease to Booking.com (USA) Inc for an office property located at 3800 Howard Hughes Parkway.

LAS VEGAS – Colliers International – Las Vegas announced the finalization of a lease to Booking.com (USA) Inc. The 2,882-square-foot office property is located at 3800 Howard Hughes Parkway inside The HC | Hughes Center in Las Vegas. Randy Broadhead of CB Richard Ellis represented the lessee. Ryan Martin and Patti Dillon of Colliers International represented the… [More...]

Colliers International | Las Vegas Transactions

LAS VEGAS – Colliers International – Las Vegas announced the finalization of the following transactions: A 86-month lease (NNN) to Elite Foods LLC. The 8,535-square-foot industrial property is located at 6560 Tioga Way, Suite 130 in the Arroyo North Business Center (Phase II). The total transaction amount was $469,929. Rich Luciani and Jeff Barton of Newmark… [More...]

Nevada Real Estate & Development Report: October 2013

Nevada ReD Report October 2013: Commercial real estate and development - projects, sales, and leases.

Projects Henderson, 89052 Hospital Burke Construction has begun construction on the Seven Hills Behavioral Institute Expansion project. Plans for the project include the conversion of an existing one story, 15,000 SF office building to an institutional occupancy building. Upgrades will provide additional space for 36 new inpatient psychiatric beds located within two nursing units. The… [More...]