Commercial Real Estate 06-23-26

Credit: Bizuayehu Tesfaye/Las Vegas Review-Journal

Sales Transactions

1.

Switch recently purchased a 53.6-acre plot of land on Decatur Blvd. between Serene Avenue and Silverado Ranch Blvd. for $86.2M. This follows other recent land purchases Switch has made as the data center company expands its foothold in Southern Nevada.

Credit: Bizuayehu Tesfaye/Las Vegas Review-Journal
2.

Huan “Jeff” Mai and Qing Zhong purchased the Macy’s Home Store at 4450 Spring Mountain Road in Las Vegas’ Chinatown district for $14.7M. The store has operated at the location since 1994. Mai and Zhong also acquired an adjacent fully leased retail building for $11M from the same seller, who was not disclosed.

Credit: Liv Paggiarino/Las Vegas Review-Journal
3.

The estate of Tony Hsieh recently sold The Gold Spike at Las Vegas Blvd. and Ogden Avenue to Huan “Jeff” Mai and Qing Zhong for $11.38M.

Credit: Chase Stevens/Las Vegas Review-Journal
4.

MDL Group/CORFAC International recently announced the sale of a 17.7KSF office building at 7511 Eastgate Road in Henderson for $5.25M. The transaction was handled by the company’s Jarrad Katz and Galit Kimerling. The buyer and seller were not disclosed.

Credit: CORFAC International
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