Christoph Donner

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    The company purchased Shadowood Office Park from The Ardent Cos. The sale was subject to a $19 million loan held by SunTrust Bank.

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    Following a silent spell for significant real estate development in the Las Vegas Valley, the market is now flooded with major projects that the construction sector is struggling to deliver.

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    Each month, CPE Asks features insights from leading industry executives on a significant issue. This month we look at tenant requests for upgrades.

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  • Development

    On a month-over-month basis, Retail properties under construction decreased by 12.8 percent and Industrial assets dropped by 11.0 percent. In November 2017, construction activity in the Office sector dropped by 8.9 percent compared to the previous month.

    30 December 2017 18:08
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    The storage and distribution facility, which last traded in 2014, underwent cosmetic renovations and was almost 50 percent leased at the time of sale.

    06 March 2018 15:21