Vegas deal hits $235 a square foot

No vacancy at office/retail project

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Barcelone, a 51,048-square-foot mixed-use retail and office property in Las Vegas, Nev., has been purchased for $12 million. Located at 8751 West Charleston Blvd., Barcelone contains 32,128 square feet of retail space and approximately 18,920 square feet of second-story office space. Fully occupied at the time of sale, the property's tenants include Allstate Insurance, Bleu Gourmet, First American Title, Furniture Direct, MS Entertainment Inc. and Starfish Capital Partners Inc. All of the tenants have triple-net leases with terms of five, six and 10 years. Neither the buyer's nor the seller's identity was disclosed. ...