Aspen Real Estate purchased the underperforming Renaissance III shopping center, situated in a densely populated area near the University of Nevada-Las Vegas. Aspen paid $24.7 million for the 225,748-square-foot property located at the corner of East Flamingo and East Pecos Roads. The seller was a special servicer, LNR Property LLC, representing the CMBS bond group. Las Vegas-based Logic Commercial Real Estate represented both the seller and buyer on the transaction. Aspen has since appointed Logic as its exclusive leasing agent for the center. Aspen principal Philip Proetto stated, “Ren III represents a fantastic Value-Add opportunity. Various tenants have wanted to lease space at the pro
Hence then, the article about aspen buys distressed lv shopping center connect cre was published today ( ) and is available oncanadian news today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Aspen Buys Distressed LV Shopping Center – Connect CRE )