Gerrity Group Sells Retail Property In Las Vegas, Nevada For $41.17M

The retail property located at 7101- 7181 West Craig Rd in Las Vegas, Nevada has been sold for a total price of $41,170,000. The property spans a total area of 119,280 square feet, resulting in a price per square foot of $345. The sale of this asset was facilitated by Gleb Lvovich and Daniel Tyner from JLL Capital Markets, who represented the seller, Gerrity Group. Additionally, John Marshall and Carl Beardsley, also from JLL Capital Markets, served as mortgage brokers in the transaction.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $41,170,000
• Address: 7101- 7181 West Craig Rd, Las Vegas, Nevada
• Market: Las Vegas, Nevada
• Square Footage: 119,280
• Price per Square Foot: $345
• Seller: Gerrity Group
• BROKERS: Gleb Lvovich & Daniel Tyner - JLL Capital Markets
• MORTGAGE BROKERS: John Marshall & Carl Beardsley - JLL Capital Markets

The sale of this retail property represents a significant transaction in the Las Vegas market. The involvement of key individuals such as Gleb Lvovich, Daniel Tyner, John Marshall, and Carl Beardsley from JLL Capital Markets highlights the expertise and experience brought into the deal.