Commercial Real Estate 12-23-25

CapRock Point at Cheyenne Aerial Shot
Credit: REBusiness Online

Sale Transactions

1. CapRock Point @ Cheyenneat 3921 E. Cheyenne Ave. North Las Vegas was recently purchased by EastGroup Properties. CapRock Partners sold the 101.3KSF industrial warehouse property for an undisclosed amount. Colliers’Michael Kendall and Gian Bruno, Dan Doherty, Paul Sweetland and Jerry Doty handled the transaction.

Lease Transactions

2. THIRD Street signed a 41.5KSF lease for the former Downtown Cinemas to create a Downtown Las Vegas arts incubator and creative campus. The space will house multiple arts organizations and is expected to add performance and studio uses. Portions are slated to open in 2026, with a full venue launch expected in 2027.

-image
We thought you may also like these articles...
IndiCap Planning 70.4KSF Industrial Project in Las Vegas
Townsite Solar 2 Pivoting to Federal Land, Receives BLM Approval
St Teresa of Avila Planning K-8 Private School in Carson City
RTC Washoe Considering Opening Rail Line to Tahoe-Reno Industrial Center Commuters
Colliers Predicts 2026 Could Result in Local Recovery from Uncertain 2025

Leave a Reply

Your email address will not be published. Required fields are marked *

Learn More About Our Services

Get a Free Look at What NVBEX Covers

Sign up for the NVBEX Insider to receive a small selection of the project news, solicitations and market updates featured in our comprehensive, twice-weekly digital magazine, NVBEX.