Tomchi Group Acquires 68K SF Summerlin Office Building For $21.1M

A 68,346 sq ft office building located at 10750 West Charleston Boulevard in Las Vegas, Nevada has been sold for $21.1 million. The property, situated in the prime Summerlin area and across from the Red Rock Resort & Casino, offers a strategic location. The building sits on 5.63 acres and is fully leased to Wyndham Vacation Ownership and Realty One Group, both of whom are long-term tenants. The transaction drew significant interest due to its favorable location and the presence of reliable tenants.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $21,100,000
• Square Footage: 68,346 sq ft
• Price per Square Foot: $309
• Address: 10750 West Charleston Boulevard, Las Vegas, Nevada

The buyer, Tomchi Group LLC from Hawaii, acquired the property. Represented by Michael Coxen from The Standard A Real Estate Agency, the buyer's involvement in the deal demonstrates their keen interest in expanding their real estate portfolio. On the other hand, BP Airways LLC acted as the seller, with Marc Magliarditi from CBRE representing their interests. The involvement of these reputable brokerage firms further highlights the significance of the transaction.