Construction crews recently turned the low-slung Cable Center Shops, Boulevard food court and outdoor Fatburger eatery with slushie bar into piles of rubble.
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Blackstone has purchased the hotels’ real estate for nearly $3.9 billion, and MGM is leasing the properties back.
A New York investment firm announced Friday it bought 9.5 acres of real estate along Las Vegas Boulevard for $172 million, or about $18 million an acre.