Nevada Real Estate & Development Report: July 2014

Read the Nevada Real Estate and Development Report: July 2014 - Commercial real estate and development - projects, sales, and leases.

E Sale, Multi-Family ADDRESS 1401 N. Lamb Blvd., 89110 BUYER Masuda Family Trust SELLER Brooksone Apartments, LLC DETAILS 193 units; $10,550,000 APN 140-29-101-019 SELLER’S REP Patrick J. Sauter and Art Carll of NAI Vegas The Sauter Multifamily Group H Sale, Multi-Family ADDRESS 1651 American Pacific Dr., 89074 BUYER Hamilton Zanze & Company SELLER The Calida… [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…]

The Survivors: Builders and Developers in Nevada

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The economic downturn in 2007 left both residential and commercial developers and builders in the Silver State scrambling for work. Many were forced to downsize their staffs, and some even closed their doors. “Since 2008, the development business has been a fraction of what it was,” said Doug Kiersey, president of Dermody Properties, a Reno-based… [More…]