The recent $347 million purchase of Hughes Center in Las Vegas by Blackstone’s Equity Office Properties division may have come at an ideal time as the city’s office market is now on an upswing.
Tom Stilley, senior vice president of the office division at Colliers International, says there isn’t much of a class-A market in Las Vegas, at only about six million sq. ft. out of 40 million sq. ft. However, he says this 1.4-million-sq.-ft. prope
Register to view the full article
This article is part of our premium content subscription. You need to subscribe to gain access to premium content.
Why Register for NREIonline? It's simple and free, and here is what you get:
• Access to leading real estate industry research.
• Interactive rankings of commercial real estate professionals.
• Submit your own articles, (if approved) which will appear around the site.