MGM CEO Jim Murren addressing 784 employees of MGM Grand that have worked since the property opened 25 years ago. Murren spoke Friday morning at the new MGM Grand convention center.
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On Rainbow Boulevard at Cheyenne Avenue, a strip mall and the apartment complex next door reflect the state of things in commercial real estate. The strip mall, Cheyenne Commons, was foreclosed on last year and has plenty of tenants but also several vacancies. The neighboring apartment complex, The Grove, has soared in value. It sold for $34.5 million in November, after trading for $19.5 million just two years ago.
American Eagle flagship on the Las Vegas Strip lets you customize your clothing