3D Investments Acquires Mixed-Use Property On Rampart Blvd In Las Vegas For $216M

A mixed-use property located at 400 S. Rampart Blvd in Las Vegas, Nevada was recently sold in a transaction. Spanning over 28.4 acres, this property offered a versatile combination of residential, commercial, and retail spaces.

Summary of transation details

• Property Type: Mixed-use
• Transaction Amount: $216,000,000
• Address: 400 S. Rampart Blvd, Las Vegas, Nevada
• Market: Las Vegas, Nevada
• Buyer: 3D Investments LLC
• Seller: Property And Building Corp. - Eli Elefant & Ethan Kingsley & IDB Group USA
• Broker: Marlene Fujita Winkel - Cushman & Wakefield
• Size: 669,406 square feet
• Price per Square Foot: $322

The buyer in this transaction, 3D Investments LLC, successfully acquired the property from the seller, Property And Building Corp. - Eli Elefant & Ethan Kingsley & IDB Group USA. Facilitating the deal was Marlene Fujita Winkel from Cushman & Wakefield, serving as the broker representing the involved parties. The property's unique mix of residential, commercial, and retail spaces made it an attractive investment opportunity. The price per square foot of $322 showcases the value placed on this versatile asset.