LAS VEGAS – The Officers and Directors of the Greater Las Vegas Association of REALTORS (GLVAR) are pleased to announce the sale of its longtime home at 1750 East Sahara Avenue to Laborers’ International Union North America, Local 872 (LIUNA, Inc.) for $2,750,000.
There will be no disruption in services to GLVAR’s 14,000-plus members as the purchase agreement contains a lease back provision allowing GLVAR to remain at the East Sahara location until construction of its new building on Rainbow Boulevard, just north of Sunset Road, is completed in the coming months.
GLVAR was represented in the transaction by David R. Scherer of Newmark Grubb Knight Frank, while LIUNA was represented by Peter Guzman.
About the GLVAR
GLVAR was founded in 1947 and provides its more than 14,000 local members with education, training and political representation. The local representative of the National Association of REALTORS®, GLVAR is the largest professional organization in Southern Nevada. Each GLVAR member receives the highest level of professional training and must abide by a strict code of ethics. For more information, visit www.LasVegasRealtor.com.