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Vegas Retail Asset Trades for $300/sf  |  Mar 2, 2017

In a notable retail investment buy out of Las Vegas, a NoCal-based private investor paid $17.5 mil for Flamingo Maryland Shopping Center, a 57.7k sf, Target-anchored retail center near the Las Vegas Strip in Las Vegas. The asset was sold by Los Angeles-based Decron Properties in a deal that worked out to a price of just over $300/sf. 

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