According to Las Vegas city records last year, the one-story project will span more than 21,000 square feet and sit on a 5-acre plot of land.
Eli Segall’s Real Estate Insider column appears Saturdays in the Business section.
firstname.lastname@example.org … @eli_segall on Twitter. 702-383-0342
Southern Nevada’s housing market is no stranger to volatility — and lately, it seems the industry is on anything but even ground.
Locally and nationally, the number of price cuts rose for the third consecutive month in May.
A recent deal at almost $6 million per-acre didn’t even come close to a sale up the street.
Some Amazon buildings in North Las Vegas all sold a year or so after they were built, and prices have skyrocketed.
Housing markets are prone to ups, downs and other shifts, especially in Las Vegas, and there’s no telling how long the current trends will last.
The property owners are seeking $7 million an acre, or $182 million total, for the spread near Mandalay Bay.
Over the past year or so, Las Vegas has seen a rising tally of sales and construction plans involving vacant land, retail properties and hotels on or near its famed casino corridor.
Las Vegas home prices are skyrocketing, but as borrowing costs climb, buyer activity is down.
Las Vegas real estate investor Steve Siegel is perhaps best known for his portfolio of low-priced apartment complexes bearing his name, but now he is the Strip’s newest landowner.
Major projects do get built in America’s gambling capital, and there are always people willing to spend time and money outside the casino floors.
Amid a warehouse boom that has depleted the tally of potential project sites in the valley and pushed up land prices, Apex is seeing more construction plans.
The proposal marks yet another new venture for Water Street, a once-sleepy corridor that city officials have long sought to revitalize.
A Canadian real estate developer has expanded to the U.S. with a warehouse project slated to be finished at year’s end.